06.08.2023

E-P Rail, the rail freight transport company controlled by Radu Gheorghiu, in 2022 reached RON492 million turnover, slightly up from 2021, according to the company’s officials. more

10.03.2022

Rail freight carrier LTE Rail Romania, part of Austria’s LTE Group, posted 28% higher turnover in the first half of this year, according to the company’s officials. more

04.06.2022

Rail freight carrier LTE Rail Romania, part of the Austrian LTE Group, ended last year with RON33.9 million revenue, up from RON23.9 million in 2020, publicly available data show. The company posted more

02.25.2021

Grampet Group, the largest private rail freight and logistics operator in Romania and Central and South Eastern Europe, announced Thursday it has launched operations in Slovenia, expanding its freight more

10.21.2019

Polish PKP Cargo, the second largest railway cargo transporter in Europe, is negotiating to acquire Romanian companies Vest Trans Rail, Ferest Logistics and Romcargounit, Polish media reported. more

05.31.2018

Rolling stock manufacturer Astra Rail Industries ended last year with 494 million lei (EUR106 million) revenue, 29.8% lower than in 2016 according to the data the company provided for the ZF’s `Cei more

02.19.2018

The European Commission has allotted EUR1.3 billion from the Cohesion Fund to be invested in the is invested in the modernization of the rail corridor from the town of Curtici, on the border between more

02.05.2018

Romania and Hungary's foreign ministers agreed Monday on the development of a high-speed railroad line linking Cluj-Napoca to the Hungarian capital Budapest, the Hungarian minister announced, news more

04.25.2017

Rolling stock manufacturer Astra Rail Industries, which owns Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin) railroad car plants in business for more than 100 years, ended last year with more

01.06.2017

Industrialist Valer Blidar, who owns Astra Vagoane Calatori rolling stock plant in the western Romanian city of Arad, is entering rail passenger transport business, after having built a six-car train more

01.27.2016

Astra Rail Industries, a company built by German Thomas Mans from Astra Vagoane Arad, Meva and Romvag Caracal, only works with customers abroad, having gained some from UK, France and Austria last more

12.04.2014

Romanian Transport Ministry plans to restore a road-rail bridge in Olt county, between Slatina and Piatra Olt, a project valued at 43 million lei (EUR9.7 million), VAT included, according to a draft more

08.14.2014

Romania’s state-owned railway company CFR Thursday said it will resume in September the auction procedures to award four contracts estimated at EUR2.3 billion for the rehabilitation of nearly 140 more

04.29.2014

Rail freight carrier DB Schenker Rail Romania, part of the German Deutsche Bahn group, ended last year with EUR27 million revenue, up 35% on 2012, according to company officials and ZF calculations. more

03.28.2014

In a world where trains easily go beyond 300 km/h in speed, in Romania, the speed of passenger trains reaches on average 45 km/h and high-speed rail is not expected to be built earlier than 35 years more

07.27.2011

Romania’s state-owned railway company will hold an auction in September seeking contractors interested in upgrading 31.5 kilometers of railway between Vintu de Jos and Coslariu, central Romania, for more