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News in Transportation
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The 2011 budgets of Romanian state-owned railway companies CFR Marfa, CFR Calatori and CFR SA say 5,588 employees will be sacked and staff expenses will be cut by 21.8%, 6.5% and 11.6% respectively, according to three draft Government decisions drawn up by the Transport Ministry. read more...


Romania's National Highway and National Roads Company (CNADNR) last year received the highest subsidies from the state, almost 1.6bn euros, being thus the institution that got the largest sum given that where its own funds accounted for just 13% (222m euros) of total sources it had. read more...


Romania's national road and highway authority CNADNR expects to earn 755.24 million lei (€1=RON4.2651) from road taxes this year, having earned RON669.73 million in the first 11 months of last year. read more...


National airline TAROM posted 53.56 million lei /some 12.6 million euros/ in 2010 gross profit, according to the company’s budget. According to the draft decision on the budgets of the companies subordinated to the Ministry of Transport and Infrastructure, TAROM recorded total revenues of 1.65 billion lei /some 388 million euros/ in 2010, while total expenditures amounted to 1.59 billion lei /some 374 million euro/. read more...


Romanian state-owned railway passenger carrier CFR Calatori reported a 5% drop in traffic in 2010, to 58 million passengers, from 61.07 million, while the state's subsidy was raised by 4%, to 1.15 billion lei (EUR1=RON4.2626), according to the company's preliminary results. read more...


A Qatar Airways flight landed in Bucharest for the first time on Monday and the company is going to operate flights on the Doha-Bucharest route four times a week. Qatar Airways is the first five-star airline company coming to Bucharest and the first airline of the Middle East operating direct flights to Romania. read more...


The 30 biggest contracts awarded by the National Motorways and National Roads Company in Romania (CNADNR) in the past four years are worth a total of nearly 1.7 billion euros, but only eight of them, worth more than 400 million euros were for works on motorways or on bypasses. Over this period, CNADNR had nearly 9 billion euros at its disposal. read more...


Romania's Ministry of Transport and Infrastructure has drafted a new ordinance requiring drivers to use snow tires during the winter, bringing in an estimated EUR445 million to the state budget, from the VAT collected from tire sales. read more...


Romania’s state-owned railway company CFR SA will modernize ten train stations in the country for an estimated 332.8 million lei (EUR1=RON4.2564) net of VAT, the company said Thursday. read more...


George Mihalcea, 50, former general manager of Aurel Vlaicu (Băneasa) airport, has been appointed as airport services manager with Qatar Airways airline, one of the world's biggest, which will operate flights on the Romanian market starting January 17. read more...




Transports ministry plans to transform the Bucharest Baneasa Airport by 2012-2013 in an airport reserved for business and VIP flights and therefore move the current low cost flights on Otopeni Int'l Airport causing higher costs for low costs. read more...


Revenues on the Romanian telecom market continued to decrease this year, but the decrease rate is below that registered in 2009, when the telecom market shrank 15% compared to 2008, to EUR3.9 billion, communications regulator ANCOM president Catalin Marinescu said Wednesday. read more...


Romania’s Transport Ministry will launch EU-funded projects worth EUR5.57 billion by the end of next year, among which the construction of 289 kilometers of highway and the upgrade of 166 kilometers of railway, Transport Minister Anca Boagiu said Sunday. read more...


Romania’s Prime Minister Emil Boc said Saturday works on the Transylvania Highway will continue in 2011, adding the Government is seeking ways to continue funding the project. read more...


Five two-way flights from Romania’s capital Bucharest to Spain’s Madrid, Barcelona, Saragossa and Valencia have been canceled, while two planes that were supposed to land in Bucharest from Madrid and Madrid and Barcelona have been grounded Saturday because of a strike of Spanish air traffic controllers. read more...



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