French multinational rolling stock manufacturer Alstom said on Monday that it was awarded a 500 million euro ($566 million) contract by Bucharest underground system operator Metrorex to provide full maintenance services for the Bucharest metro fleet until 2036. The services cover preventive and corrective maintenance, as well as overhauls for a total fleet of 82 trains, Alstom said in a press release. Following the delivery of the new trains for Metro Line 5 as a result of a tender awarded last year, the fleet will be supplemented with at least 13 new Alstom Metropolis trains starting 2023, and the maintenance contract will be extended to this additional fleet. In December 2020, Alstom signed a 100 million euro contract for 13 metro trains, with the option of another 17. Alstom has been providing maintenance services for the Metrorex rolling stock since 2004, overhauling both the new and the old fleets. The 82 trains totalling 492 cars have run on average a total distance of 8.5 million km on an annual basis. Over 350 people are engaged in the maintenance activities, according to Alstom. Alstom has been active in Romania for almost 30 years and is responsible for implementing signalling or electrification solutions on more than 75% of the northern branch of the Rhine-Danube railway corridor in the country. The French company is implementing a train control urban signalling solution on the Bucharest metro.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
