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Date: 2013-08-01

Rolling Stock and Bearing Companies Score 34% Growth

Rolling stock and bearing companies on the Romanian market scored a 34% growth, in 2007. Despite all this, the profitability margin keeps rather low.

Astra train carriages maker in Arad (western Romania) consolidated its top position on its segment, posting a turnover worth 134 million euros, by 52% higher than in 2006.
Nevertheless, the losses were higher than in 2006, namely 4.6 million euros.

Similarly, Romvag Company in Caracal (south) reported a turnover worth 70.7 million euros, almost double than the previous year when the profit was 4.6 million euros.

Last year, the Saudi Al-Arrab Contracting Company, operational in the Gulf area firstly, paid the state-owned Electroputere engine maker in Craiova (south) 120 million euros, for the majority package of the company, including 60 million euros, the Company


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