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Articles in category Shipping&Transport Industry

EUR 17 M orders for Orsova Shipyard
The Board of Directors of the Orsova Shipyard approved on Tuesday eleven contracts in the total value of EUR 17.09 M for the building of ships for Dutch...
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Cristescu Brothers Bring EUR 3.5m to Faur (UPDATE)
Faur, a company specialising in producing rolling stock, increased its share capital by 3.5 million euros, according to a report of the General Meeting of Shareholders. The capital...
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New rules for air carriers
Air carriers operating in Romania will have to send to the Border Police data about their passengers, according to an act adopted by the Government yesterday. The act...
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Cargus Increases Market Share
The domestic courier services company Cargus increased its market share by 11.5 percent in the first half of this year, as a result of creating some new services...
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Romaero will deliver to the Italian company Alenia aircraft components worth USD 10 M
Romaero will produce, for the Italian company Alenia Aeronautica, aircraft components, on the basis of a five-year agreement whose value is estimated to over USD 10 M, according...
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UPS plans 30% increase in Romania
International parcel transportation company Trans Courier Service, the exclusive agent of the U.S.-based company UPS in Romania, opened a new outlet in Constanta. The new distribution center is...
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Romania, Bulgaria liberalize commodity and passenger traffic
The two countries signed at the end of last week a bilateral agreement regarding the liberalization of persons and commodities transportation to take effect on August 1, according...
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Romania to Receive EBRD Loan for CFR Traction Energy Project
CFR SA and its subsidiary CFR Electrificare have received a loan from the European Bank for Reconstruction and Development (EBRD) and intends to use its proceeds towards the...
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Wizz Air announces more new routes
Wizz Air plans to open new flights between Romania and European cities beginning January 15, 2007, after it recently launched an aerial connection between Targu Mures and Budapest....
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Cristian Burci in Talks to Buy Astra Vagoane from Trinity Industries
Businessman Cristian Burci is in talks to buy Astra Vagoane Arad factory from the Americans at Trinity Industries. The deal also entails buying other companies of the European...
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