Under a RON 767.51 ml worth of contract (VAT exclusive), which also provides for 20-year maintenance, Alstom Transportation Germany will deliver Romania by 2026 16 new electric locomotives capable of speeds of up to 200 km/h.The 16 new 4-axle electric ERTMS-equipped locomotives are capable of traveling at maximum speeds between 160 km/h - 200 km/h and pull up to 16 passenger carriages, and are intended for rail passenger transport. The introduction of electric locomotives is aimed at increasing the efficiency of railway transport services, reducing pollution and increasing train speeds on the routes: Dej - Brasov - Bucharest - Constanta; Timisoara - Arad - Brasov - Bucharest - Constanta; Timisoara - Cluj - Iasi; Iasi/Suceava - Bucharest - Constanta.The president of the Railway Reform Authority Stefan Roseanu said that the object of the contract consists of the purchase of 16 electric locomotives intended for hauling passenger trains; the contract is partially financed under National Rehabilitation and Resilience Program.The 16 locomotives, which will be used only on electrified routes, are intended to improve the performance of passenger rail services, especially in terms of economic efficiency and service reliability. (Photo:https://www.aifr.ro/)
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government. Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
