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Astra Rail Industries
Astra Rail Industries is a Romanian rail vehicle manufacturing company. It was formed in 2002 as the ''International Railway Systems'', part of the Trinity Industries European assets, adding further manufacturing plants in Romania, and a part forging plant in the Czech Republic. In 2012, IRS's three main Romanian manufacturing facilities were reformed under the name ''Astra Rail Industries'', and other activities were sold to third parties. In 2016, The Greenbrier Companies and Astra Rail agreed to form a joint venture, 75% owned by Greenbrier, incorporating both the company's European operations as ''Greenbrier Europe''. History ;International Railway Systems (2002-2011) ''International Railway Systems'' was founded in 2002. The company acquired MEVA SA in Drobeta Turnu Severin, Romania from Trinity Industries in 2002. In 2004 ROMVAG SA in Caracal was acquired. In 2006 IRS bought the European assets of Trinity Industries (USA) for $30 million. The acquired businesses were ...
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Arad, Romania
Arad (; German and Hungarian: ''Arad,'' ) is the capital city of Arad County, Transylvania. It is the third largest city in Western Romania, behind Timișoara and Oradea, and the 12th largest in Romania, with a population of 159,704. A busy transportation hub on the Mureș River and an important cultural and industrial center, Arad has hosted one of the first music conservatories in Europe, one of the earliest normal schools in Europe, and the first car factory in Hungary and present-day Romania. Today, it is the seat of a Romanian Orthodox archbishop and features a Romanian Orthodox theological seminary and two universities. The city's multicultural heritage is owed to the fact that it has been part of the Kingdom of Hungary, the Eastern Hungarian Kingdom, the Ottoman Temeşvar Eyalet, Principality of Transylvania, Austro-Hungarian Empire, and since 1920 Romania, having had significant populations of Hungarians, Germans, Jews, Serbs, Bulgarians and Czechs at various poin ...
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Škoda Vagonka
Škoda means ''pity'' in the Czech and Slovak languages. It may also refer to: Czech brands and enterprises * Škoda Auto, automobile and previously bicycle manufacturer in Mladá Boleslav ** Škoda Motorsport, the division of Škoda Auto responsible for motorsport activities * Škoda Transportation, engineering company that manufactures rail vehicles, based in Plzeň * Škoda Works, engineering company, predecessor of Škoda Transportation * Doosan Škoda Power, subsidiary of the Doosan Group, based in Plzeň People * Škoda (surname) * Skoda (Portuguese footballer) (born 1960) Art * ''Škoda lásky'', the original Czech title of the "Beer Barrel Polka" Other * British Rail Class 90, an electric locomotive nicknamed Skoda * ''Skoda'' (barquentine), sailing vessel built in Kingsport, Nova Scotia, in 1893 * Skoda Xanthi F.C., former name of the Greek football club Xanthi F.C. (sponsored by Škoda Auto in 1991–2016) ** Skoda Xanthi Arena, former name of the club's stadium * Sk ...
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Romanian Companies Established In 2012
Romanian may refer to: *anything of, from, or related to the country and nation of Romania **Romanians, an ethnic group **Romanian language, a Romance language ***Romanian dialects, variants of the Romanian language **Romanian cuisine, traditional foods **Romanian folklore *Romanian (stage), a stage in the Paratethys The Paratethys sea, Paratethys ocean, Paratethys realm or just Paratethys was a large shallow inland sea that stretched from the region north of the Alps over Central Europe to the Aral Sea in Central Asia. Paratethys was peculiar due to its pa ... stratigraphy of Central and Eastern Europe *'' The Romanian'' newspaper *'' The Romanian: Story of an Obsession'', a 2004 novel by Bruce Benderson * * {{disambiguation Language and nationality disambiguation pages ...
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Rolling Stock Manufacturers Of Romania
Rolling is a type of motion that combines rotation (commonly, of an axially symmetric object) and translation of that object with respect to a surface (either one or the other moves), such that, if ideal conditions exist, the two are in contact with each other without sliding. Rolling where there is no sliding is referred to as ''pure rolling''. By definition, there is no sliding when there is a frame of reference in which all points of contact on the rolling object have the same velocity as their counterparts on the surface on which the object rolls; in particular, for a frame of reference in which the rolling plane is at rest (see animation), the instantaneous velocity of all the points of contact (e.g., a generating line segment of a cylinder) of the rolling object is zero. In practice, due to small deformations near the contact area, some sliding and energy dissipation occurs. Nevertheless, the resulting rolling resistance is much lower than sliding friction, and thus, roll ...
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Financial Crisis Of 2007–08
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Mašinska Industrija Niš
Mašinska industrija Niš ( sr-cyr, MИН Машинска индустрија Ниш; abbr. MIN) or Mechanical Industry Niš, is a Serbian holding corporation headquartered in Niš, Serbia. It is engaged in the energy, mining, process engineering, equipment for agriculture and a railways program. It declared bankruptcy in April 2015. History MIN was founded in 1884 as Railways workshop ( sr, Железничке радионице / Železničke radionice) for the maintenance and repair of rolling stock. It was founded after construction of Belgrade-Niš railway. By the year 1890 the assembly, sawmills, steel foundry A foundry is a factory that produces metal castings. Metals are cast into shapes by melting them into a liquid, pouring the metal into a mold, and removing the mold material after the metal has solidified as it cools. The most common metals pr ..., forge, pattern shop and tool room were established. With their integration and the integration of other sectors t ...
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Servtrans
Servtrans is a railway private company from Romania. The main activity is the railway transport as well as the logistics required by this sort of activity. During 2005, it realized the freight of 6% of the transported goods on the Romanian railway. {{Citation needed, date=June 2010 History Servtrans began its activity on 21 March 2002 with shunting activities of the equipments and wagons on the building site of the rehabilitating operations on the railway infrastructure on the Pan European Transport Corridor 4, the route Bucharest–Câmpina. Later, it also began serving the Bucharest Bucharest ( , ; ro, București ) is the capital and largest city of Romania, as well as its cultural, industrial, and financial centre. It is located in the southeast of the country, on the banks of the Dâmbovița River, less than north of ...- Constanţa too. Rail transport of goods The company has signed agreements for access on the public railway infrastructure with both the National Rail ...
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Poprad
Poprad (; hu, Poprád; german: Deutschendorf) is a city in northern Slovakia at the foot of the High Tatra Mountains, famous for its picturesque historic centre and as a holiday resort. It is the biggest town of the Spiš region and the tenth largest city in Slovakia, with a population of approximately 50,000. The Poprad-Tatry Airport is an international airport located just outside the city. Poprad is also the starting point of the Tatra Electric Railway (known in Slovak as ''Tatranská elektrická železnica''), a set of special narrow-gauge trains (trams) connecting the resorts in the High Tatras with each other and with Poprad. Main line trains link Poprad to other destinations in Slovakia and beyond; in particular, there are through trains running from Poprad to Prague in the Czech Republic. History The territory was since the Migration Period inhabited by Slavic settlers. The first written record dates from March 16, 1256 in the deed of donation of the Hungarian Kin ...
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