TRANSPORT
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IFC’s Buying Of Stake In Transport Trade Services Brings To Light The Latter’s Value
The private equity investment in Romanian Transport Trade Services (TTS) by International Finance Corporation - the investment division of the World Bank – brings to light the value of the l...
Ponta Cabinet Vows To Complete Highway Works, Upgrade Roads
The governing program of Romania’s new Cabinet proposed by Prime Minister-designate Victor Ponta targets to complete works on several highways, draw up a pre-feasibility study for a new high...
Servtrans Owner Gets 800 Railroad Cars, Prepares Company Sale
Railway transport company Servtrans Invest, controlled by businessman Cristian Burci and insolvent since last summer, took over the lease for 838 freight cars signed with BCR Leasing.
Romania To Buy Legal Services For Transport Program Contracts, For EUR8M
Romania's Transport Ministry wants to buy legal assistance services for road authority CNADNR and railway admin CFR, for projects run through the Transport Sector Operations Program (T-SOP),...
Aecom Ingenieria To Offer Consulting Services For Development Of Transport Master Plan
Romania’s Transport Ministry on Wednesday signed a 9.5 million lei (EUR2.17 million) contract with Aecom Ingenieria SRL, which will offer consulting services for the development of a long-te...
Transport Minister: Failure To Prioritize Infrastructure Investments Brings Poor Results Despite Spending
Transport and Infrastructure Minister Alexandru Nazare, appointed to this position almost two months ago, told Ziarul Financiar in an interview that the billions of euros spent on infrastruc...
Gefco: A New Plant Opens Every Month In Romania, Or A New Business Gets Expanded. You Don’t See That In France Or Czech Republic Any More
Christophe de Korver, general manager of Gefco Romania, says there are parts of this country that can be better served by the Koper harbor in Slovakia than by Constanta because of the highwa...
Transport Program Management Authority Sends Refund Request Of RON131.5M To Finance Ministry
The Romanian operational program for transport’s management authority on Monday sent a refund request of 131.56 million lei (EUR30.2 million) to the Finance Ministry for several EU-funded in...
Moldova’s Transport Infrastructure To Be Connected To All Pan-European Corridors In Romania
The transport infrastructure of the Republic of Moldova will be connected as soon as possible to all Pan-European axes and corridors crossing the Romanian territory in a move to reduce costs...