01.16.2013

A part of the employees of Romania’s passenger railway company CFR Calatori went on a wildcat strike for two hours Wednesday morning, preventing 89 trains from leaving on time and stopping dozens of more

11.06.2012

Romania’s state-owned railway company CFR Infrastructura and Belgian company Euro Station will set up a firm to upgrade and extend Bucharest’s railway infrastructure, including the Bucharest North more

09.25.2012

Only 23% of Romanians are satisfied with their country’s railway system, while the level of satisfaction in Europe has improved over the past years to 46%, according to a special Eurobarometer more

07.12.2012

German investor Thomas Manns, who has bought Romanian railroad car manufacturers Astra Vagoane Marfa, Meva and Romvag, will invest up to EUR10 million in upgrades in the first year and will resume more

07.10.2012

The deal whereby railroad car manufacturers Astra Vagoane Arad, Meva SA and Romvag Caracal were sold for EUR30 million comes after more than one year of negotiations and search for investors. more

07.06.2012

Despite having received state subsidies of EUR1.6 billion in the past five years, state-run passenger railway carrier CFR Calatori is still unable to cover its costs from ticket sales, while passenger more

06.14.2012

Grup Feroviar Roman (GFR), the largest private railway freight carrier in the country, saw its net profit increase six-fold last year to 28.7 million lei (almost EUR6.5 million) and expects it to go more

05.01.2012

Railway transport company Servtrans Invest, controlled by businessman Cristian Burci and insolvent since last summer, took over the lease for 838 freight cars signed with BCR Leasing. more

04.26.2012

Romanian railway administrator CFR on Thursday signed nine contracts, worth a total EUR183.5 million and financed from European funds, for infrastructure upgrade projects. more

04.25.2012

Romanian railway operator CFR will organize a new open outcry auction on May 2 to lease 13 sections of the public railroad network in Bucharest, Timisoara, Brasov and Iasi. more

03.21.2012

Italian construction company Astaldi, which built the Basarab Overpass and the National Arena stadium in Bucharest, won contracts worth a total of EUR702 milion last year. The contracts were awarded more

03.19.2012

The European Commission has approved total financing of EUR771 million to Romania for the upgrade of two railway segments that will cost EUR944 million, and is expected to approve financing for a more

02.15.2012

Valer Blidar, one of the leading Romanian industrialists, who controls railway car producer Astra Vagoane Calatori and founder of Banca Comerciala Feroviara, has won a EUR100 million contract at an more

01.05.2012

More planes land on the Henri Coanda (Otopeni) Airport in Bucharest now than trains entered the Bucharest main train station (Gara de Nord - North Station) after ten years during which demand for air more

12.23.2011

Romanian state-owned railway administrator CFR SA on Thursday awarded a railway line lease contract to Cluj-Napoca-based operator Transferoviar Grup, CFR said Friday. more

11.11.2011

Romanian railway administrator CFR on Friday awarded three lease contracts for railroad segments belonging to the Timisoara, Cluj and Galati branches, with the latter contract going to Grup Feroviar more

11.08.2011

Romania’s state-owned railway company CFR SA has awarded a contract worth 1.35 billion lei (EUR317.26 million), net of VAT, to the consortium Swietelsky - Strabag - Alstom - Arcada - Euroconstruct - more

10.18.2011

Romanian Transport Minister Anca Boagiu has approved the creation of a workgroup for a project to introduce passenger trains on Bucharest's ring rail line. more

10.04.2011

Romania's Transport Ministry will penalize the companies modernizing railway line Constanta-Brasov EUR65 million for delays, minister Anca Boagiu said Tuesday. more

09.09.2011

Attila Verestoy, one of the richest members of Parliament, is in the process of becoming the king of freight cars. He will take over 50% in the three plants owned by Cristian Burci, which are part of more

08.05.2011

Romanian railway administrator CFR SA wants to rehabilitate 66.2 km of the Brasov-Simeria line, between Atel, Sibiu and Coslariu, Alba, through a contract worth an estimated 2.26 billion lei (EUR532.2 more

07.27.2011

Romania's Transport Ministry will increase its fines in the railway and subway transport sectors, charged to employees and companies, by as much as 60 times their current level, up to a maximum fine more

07.15.2011

The reorganization of Romanian state-run railway companies will be followed by a state aid program aimed to put them back on track, Transport Minister Anca Boagiu said Friday, adding railway more

07.13.2011

Romania estimates it will pay about 8.22 billion lei (EUR1.95 billion), including VAT, to upgrade the 165-kilometer railway on the route Simeria-Coslariu-Sighisoara, in the country’s central region, more

07.12.2011

Grup Feroviar Roman (GFR), the largest private railway operator on the Romanian market, controlled by businessman Gruia Stoica, ended the first six months with sales of 253 million lei (EUR59.8 more