railroad
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Railroad Car Maker Astra Rail Industries Sees Revenue Up 37% To RON824M In 2022
Rolling stock manufacturer Astra Rail Industries, which controls the railroad car manufacturers Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin), with a history of over 100 years, posted RON824 million revenue last year, up 37% on the previous yea...
Builder Arcada and German Company Start Construction of Railroad Connecting Gara De Nord and Otopeni Airport
The railroad connecting Bucharest to the Otopeni Airport is starting to take shape now after the builders have recently started construction work.
Domestic Flights Eat Into CFR Calatori’s Market Share
The four airlines (Tarom, Blue Air, Wizz Air and Ryanair) offering domestic flights carried almost 900,000 people last year, an increase of 77% on 2015, according to Eurostat data.
Austrian Company With No Employees Posts RON162M Revenue In 2016
Swietelsky, a railroad construction company, posted 162.1 million lei (EUR36 million) revenue in 2016, according to its Finance Ministry filing, even though it has not employees, as its repo...
Romania Lacks Industry Support And Development Program, Entrepreneur Says
Romania does not have an industry support and development program as do Poland, Hungary and Czech Republic, says Valer Blidar, the owner of rolling stock manufacturer Astra Vagoane Calatori...
Low-Cost Airlines Challenge Tarom’s Grip On Domestic Flights
Three low-cost airlines – Blue Air, Wizz Air and Ryanair, are vying for the top spot now held by national airline Tarom and national railroad passenger carrier CFR Calatori on the segment of...
Passenger Trains In Romania Averaged Speeds Of 43 Km/H Last Year
The average speed of passengers trains in Romania stood at 43 km/h last year, while freight trains ran at an average 21 km/h, said Thursday Otilian Neagoe, head of the railroad supervisory b...
DB Schenker Rail Romania To Hire 100
Railroad freight carrier DB Schenker Rail Romania will hire 100 people this year to staff the local center that has become a regional hub handling the freight from Western Europe on route to...
CFR Sets Up New Auction Tuesday To Lease Nearly 1,000 Km Of Public Railroad
Romanian railway administrator CFR will organize an outcry bid Tuesday, November 25, at the Romanian Commodities Exchange (BRM), in order to lease 27 rail sections covering 980.5 kilometers.