Transportation Industry
Romanian railroads court North American suppliers - World update
Railway Age, Nov, 2001
Last month, officials of the SNCFR, the Romanian state railway system, and the U.S. Trade and Development Agency held a joint business briefing in Chicago to discuss business opportunities in the Romanian rail sector.
Romania's 7,000-mile railway system includes 6,700 miles of standard gauge track; the rest is mixed narrow gauge and broad gauge. "Today, Romania is faced with a major renovation and modernization of its railroad network to meet the requirements of the UIC, the Trans-European Transport Network, and internal goals established by our new government," said General Director Vasile Olievschi.
Two major projects, one of which is an upgrade of the main line from the western border to the Black Sea port of Constanta, are estimated to cost $2.7 billion. More than $990 million in loans is available from various U.S. agencies to suppliers to assist with start-up or expansion costs.
Romania is looking to U.S. suppliers in virtually all areas, including rolling stock and parts, motive power, signals and communications, and track components.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
- Using object-oriented analysis and design over traditional structured analysis and design


