The US-based Greenbrier company, which owns three wagon factories in Romania, announced that it is closing its production unit in Arad. “Due to the difficult and accelerating challenges in the local market, Greenbrier Romania intends to cease its production operations, carried out at the Arad factory. This decision was influenced by several factors, including increasing pressures from the industry, increasing operational costs compared to other factories, but also logistical constraints related to the age of the unit and the urban environment,“ the company announced in a press release. “Greenbrier Romania will continue to consolidate its production operations at the Caracal and Drobeta Turnu Severin factories. This strategic realignment reinforces Greenbrier’s long-term commitment to the railcar production line in Romania. The company intends to continue investing in these work units to support their long-term development. Existing orders will be fulfilled from these locations, and procurement and logistics strategies will be adjusted according to needs,” the company’s announcement continues. The company also has a production unit in Caracal, Olt County and Drobeta-Turnu-Severin, Mehedinti County. In addition to the factories in Romania, Greenbrier Europe also owns three factories in Poland and one in Turkey. Greenbrier Companies is an American publicly traded transportation manufacturing corporation headquartered in Lake Oswego, Oregon, United States. The company acquired 75% of the shares of Astra Rail Industries, which operated the Arad railcar factory, for 60 million euros.
The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]
Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
