The company earmarked RON50 million for investments in 2021 and the most important projects are buying locomotives and railroad cars. It plans to buy locomotives from manufacturer Softronic Craiova and from Germany’s Siemens, as well as well cars (for transporting containers) and tank cars for oil products.
E-P Rail also intends to develop and implement internal applications, as well as fit all the railcars in its fleet with GPS tracking devices.
The company officials expect the transportation volume to go up from 4 million to 4.5 million tons this year.
E-P Rail was established din 2013 and is 67% held by Radu Gabriel Gheorghiu, with the rest owned by Express Group in Slovakia. E-P Rail has subsidiaries in Slovakia, Slovenia, Hungary, Austria and Germany, the corporate website says.
(English version by Loredana Fratila-Cristescu)