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Romania: Classfer\\\\\\\\'s business 3% up in 2007

August 2007.

Romanian private rail freight transport operator Classfer, owned by Antares Group, has estimated this year's business to reach almost EUR 6 million, up 3% in comparison to 2006.

The profit is expected to reach EUR 35,000, 57% more.

"Our market share is approximately 5%, but we are hoping it will increase mainly due to the investments planned for the second half of the year and to the commercial contracts, which are under development”, Victor Puiu, the manager of Classfer operator, declared.

The company owns eight locomotives at present, four of which are rent. This year it is going to invest in new rolling stock.

Source: Ziarul Financiar, Club Feroviar


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