The company increased its profit to RON44 million last year and has almost 2,400 employees. GFR has managed to make a profit every year, unlike the state-owned railway company.
“This year we estimate RON1.2 billion revenue. We operate 400 locomotives and 16,000 cars. The demand for transport from our customers has increased,” said Sorin Chinde, the company’s general manager.
Grup Feroviar Roman (GFR) was established 20 years ago. The group owns Reva Simeria, Electroputere VFU Pascani, Reloc Craiova and Electroputere VFU Craiova plants. The international division of the Grampet group generates around 30% of annual revenue, with the group present in ten European countries, according to the latest data.
Company officials said last year that in February they entered the Slovenian market with the launch of Train Hungary – Ljubljana branch operations and that they had started a EUR14 million investment program to modernize and refurbish the Debrecen Vagongyár plant in Hungary. The group has expanded into Bulgaria (2004), Hungary (2005), Moldova and Germany (2010), Austria and Slovakia (2012), Croatia (2016), Serbia (2018), Greece (2019) and Slovenia (2021).
(English version by Loredana Fratila-Cristescu)