02.01.2013

Romania’s Transport Ministry expects to raise at least 268.75 million lei (EUR61.5 million) through the sale of a majority stake (51%) in state-owned freight company CFR Marfa, and the sum does not more

01.21.2013

Romania’s Transport Ministry will have a budget of 7.29 billion lei (EUR1.67 billion) in 2013, up 40% from RON5.18 billion in 2012, according to the draft state budget for 2013. more

01.18.2013

Romania’s Transport Ministry Friday has it has resumed listing proceedings for eight companies in its portfolio, including Constanta port in the Black Sea and the Henri Coanda airport in Bucharest. more

01.10.2013

Romanian Transport Minister Relu Fenechiu said Thursday 10% of the ministry’s employees will be made redundant in a restructuring process meant to reduce costs. more

01.08.2013

The European Union will allot EUR1 million through the European transport and infrastructure program (TEN-T) for several studies needed to develop an intermodal transport project at the Cluj-Napoca more

12.20.2012

Romania’s new Government wants to finish works on the Transilvania highway, an investment started about ten years ago, and build new highways by 2016. more

11.05.2012

Romania’s Transport Ministry selected law firms Bostina and Asociatii, Ratiu&Ratiu and Popovici Nitu&Asociatii to offer legal assistance in carrying out road and railway infrastructure projects more

10.22.2012

Romanian state-owned port administrator Administratia Porturilor Maritime Constanta and navigable Danube canal administrator Administratia Canalelor Navigabile have finished the selection of private more

10.03.2012

A joint Romanian-Polish economic mission will be in London Thursday and Friday to present business opportunities in the railway industry in Romania and Poland, the British Embassy in Bucharest said in 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

09.03.2012

EU funds for Romania's Transport Sector Operations Program (T-SOP), suspended pending checkups on their actual destination, might be unfrozen later in September, following a new evaluation, Transport more

08.27.2012

The budget of the Romanian Transport Ministry was reduced by 1.25 billion lei (EUR279.9 million) to RON13.42 billion, in the budget revision approved last week by the Government. more

08.15.2012

2011 was a year of rebound for companies on the logistics market, considering that 13 of the 16 largest companies on this market recorded higher turnovers, with cumulated turnovers of EUR496 million, more

08.08.2012

Romania's Transport Ministry has pledged to privatize railway freight carrier CFR Marfa by December 2012, says a statement released Wednesday, after minister Ovidiu Silaghi's meeting with the IMF, more

08.08.2012

Romania's Finance Ministry says in a document that the Transport Ministry will not carry out any privatizations this year, although the stand-by agreement with the IMF, European Commission and World more

07.27.2012

Companies controlled by Romania's Transports Ministry spent hundreds of millions of euros illegally or for unjustified reasons, according to an audit targeting the 2009-2012 period. more

07.25.2012

Romania’s Transport Ministry selected consortium PwC/D&B David and Baias/George Butunoiu to recruit private general managers and managing board members for the companies under its authority with more

07.16.2012

Mircea Mihailescu, majority shareholder of Transport Trade Services (TTS), in which the investment division of the World Bank recently became a shareholder through a EUR12 million investment, has more

07.12.2012

The private equity investment in Romanian Transport Trade Services (TTS) by International Finance Corporation - the investment division of the World Bank – brings to light the value of the local more

06.27.2012

Connecting southwestern Romania, a key region for the country’s car industry, to the national highway network, including through a new motorway built in public-private partnership, is one of the more

06.27.2012

The Transport Ministry has spent EUR12 billon from 2008 through 2012 without making the beltway of Romania’s largest city a priority. more

05.24.2012

Bucharest's Metropolitan Transport Authority (AMTB) will transfer to the state budget its revenues from technical assistance, authorization and consulting services, and will be financed entirely from more

05.10.2012

Three people, including a tram conductor, have suffered serious injuries and 34 others suffered trauma and fractures in the accident that involved the collision of four trams Thursday morning in more

05.04.2012

The governing program of Romania’s new Cabinet proposed by Prime Minister-designate Victor Ponta targets to complete works on several highways, draw up a pre-feasibility study for a new highway and 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