CFR Marfa Revenue Down 15.4% In 1H/2016
Romanian state-owned railway freight carrier CFR Marfa, the largest railway transporter in Romania, registered a 15.4% decline in operating revenue in the first half of 2016.
The decline comes in the context in which state-owned energy holdings Oltenia and Hunedoara are facing problems.
In May 2016, CFR Marfa’s general manager, Mihut Craciun, pointed out that CFR Marfa has an excessive dependency on coal transport, which accounts for nearly 60% of the freight carried by the company. This situation keeps causing problems considering that two important clients of CFR Marfa, namely, Complexul Energetic Oltenia (CEO) and Complexul Energetic Hunedoara (CEH) face financial problems.
The main competitor of CFR Marfa, which boasts a market share of over 50%, is Grup Feroviar Roman (GFR), with a market share of nearly 30%. (Adevarul)
Travel Agency Mareea Comtur Goes Insolvent
Travel agency Mareea Comtur announced that it went insolvency and could no longer meet the commitments undertaken, starting Saturday, September 3, 2016.
The management of the National Association of Tour Operators (ANAT) was informed by Mareea Comtur representatives that the latter was facing a difficult financial situation and was going to strive to find solutions for each and every tourist who bought vacation package from Mareea.
Mareea Comtur, controlled by Marius Usturoiu, caused damages to 1,100 tourists and all contracts amount to EUR460,000, of which outstanding debts to suppliers reach EUR285,000, according to the General Department for Tourism Control and Licensing within ANAT.
Mareea reported a turnover of over RON66 million in 2015. (Puterea)
PSD Head Liviu Dragnea Set To Team Up With Former PM Victor Ponta
The head of the Social Democratic Party (PSD), Liviu Dragnea, is determined to collaborate with former prime minister Victor Ponta, arguing the party needs Ponta.
Dragnea said he wanted to rebuild the successful team of 2002, adding Ponta is a key member of this collaboration.
Dragnea added he would contact Ponta and propose him to contribute to the completion of the governing program which he was planning to spread across the country in the upcoming days. (Puterea)
Romania’s Flag To Be Put Up During Ceremony In Geneva
President Klaus Iohannis will attend on Monday, September 5, in Geneva, the flag-raising ceremony of the Romanian flag following Romania’s accession to the European Organization for Nuclear Research – CERN.
Prime Minister Dacian Ciolos recently said the scientific research center Extreme Light Infrastructure – Nuclear Physics (ELI-NP) in the southern town of Magurele will contribute toward the progress of science in Romania as well as toward the country’s economic growth.
The center is part of European project ELI, to become the world’s most advanced center for high energy laser research.
Romania has been granted the status of full member of the European Organization for Nuclear Research – CERN, on July 17, 2016, becoming the 22nd member-state of the organization. (Evenimentul Zilei)
Forecast: Nice Weather For The Whole Week
The weather will be nice between September 5 and 11 in most regions across Romania and maximum temperatures expected to reach even 30 degrees Celsius.
In the regions of Banat and Crisana, maximum temperatures will near the normal averages for this time of the year, namely, 26 – 27 degrees Celsius, while minimum temperatures will near 13–14 degrees Celsius.
In the regions of Maramures and Transylvania, maximums temperatures will range between 27 and 28 degrees Celsius, and possibly lower on September 8 and 9 when they are expected to drop to 24 degrees.
Weather authorities said in the regions of Muntenia, Oltenia and Dobrogea, temperatures will be higher until the end of the week when they are expected to reach 26 – 28 degress Celsius and even 30 degrees in some areas. Minimum temperatures will drop from 17 degrees to 13 – 15 degrees starting September 7. (Adevarul)