Çağri Memisoğlu, Deputy General Manager of Garanti BBVA Romania, said Garanti BBVA had previously granted two loans to Softronic in 2014 and 2018, respectively, for green projects.
In June 2017, Softronic signed a contract with Sweden’s rail operator Green Cargo for the delivery of eight Transmontana locomotives. The first two locomotives have already been produced and delivered and the next six locomotives are to be delivered by mid- 2020.
In 2017, the company delivered locomotives also to Austria’s private rail operator LTE, which is one of the largest rail operators. The locomotives made in Craiova were also sold to Europe’s largest rail operator, DB Schenker Rail AG.
Softronic is a Romanian business whose biggest shareholder is Ionel Ghita, with a 30% stake. Entrepreneurs Ion Girnita and Augustin Popescu each hold a 26.69% stake, and Oana Miulescu owns a 16.5% stake.
Founded in 1991, in Craiova, Softronic owns the only factory in Eastern Europe which produces electric frames and locomotives and which currently sells electric locomotives mainly abroad. Softronic group includes the electric frame and locomotive manufacturing division, as well as the services provided by Softrans, a railway freight and passenger carrier set up in 2002.