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New market study, "Romania Freight Transport Report Q1 2011", has been published

New Transportation research report from Business Monitor International is now available from Fast Market Research

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Jan. 30, 2011 - Romania was a slower developer than the other former communist countries, and it has been hit hard by the global economic recession. The country only joined the EU in 2007 and requires support from the IMF, which requires it to make sweeping changes to a number of loss-making state-run enterprises, which will cause job losses and cutbacks. Romania's Ministry of Transport and Infrastructure (MTI) finalised the privatisation strategy for the national freight railway company CFR Marfa in August and the privatisation is expected to be completed in the first half of 2011. Air and maritime freight are expected to continue contracting in 2010 in contrast to the bounce that we expect in most European countries. Road and rail freight will have muted growth in 2010. BMI's view for the forecast period is that air, maritime and road freight will make a slow recovery. However, BMI believes rail freight will go into a long-term decline as there will be a shift in favour of road transport.

For 2010, BMI's Freight Transport desk estimates year-on-year (y-o-y) cargo traffic growth for Romania's air freight, with air freight volume contracting by 1.6% y-o-y in 2010.

We expect cargo handled at Romania's key port, the Port of Constantza (POC) to continue declining in 2010. In general tonnage terms, port's throughput will decrease by 5%, following a poor 2009 performance when the port was not able to side-step the international recession.

For the rail freight sector we expect the volumes to increase by 7% despite cutbacks in the workforce and raised prices. However, over the forecast period BMI predicts an average yearly contraction of 4%.

The country's road freight is expected to grow 3% in 2010 and over the forecast period average yearly growth of 2.6% is expected.

BMI expects country's inland waterway freight volumes to increase by 16.8% in 2010 year as the new service by Helogistics Holding GmbH will cause a bounce-back from the 18% contraction in 2009.

The major threat to the economy and growth of freight transport is the success of the economic policy been imposed by the IMF and EU. High unemployment could lead to greater social unrest than in other European countries and another downturn in the global economy would find the Romanian economy more vulnerable.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/111591_romania_freight_transpo...


Report Table of Contents:

Executive Summary
SWOT Analysis
- Romania Freight Transport Industry SWOT
- Romania Political SWOT
- Romania Economic SWOT
- Romania Business Environment SWOT
Industry Trends And Developments
- Logistics
- Air
- Rail
- Road
- Maritime
Global Oil Products Price Outlook
- Table: Oil Product Price Assumptions 2010 (US$/BBL)
- Table: Oil Product Price Forecasts (US$/BBL)
Industry Forecast Scenario
- Air Freight
- Table: Air Freight, 2007-2015
- Maritime Freight
- Table: Maritime Freight, 2007-2015
- Rail Freight
- Table: Rail Freight, 2007-2015
- Road Freight
- Table: Road Freight, 2007-2015
- Inland Waterway Freight
- Table: Inland Waterway Freight, 2007-2015
- Trade Overview
- Table: Trade Overview, 2007-2015
- Table: Key Trade Indicators, 2007-2015
- Table: Romania's Main Import Partners, 2002-2008 (US$mn)
- Table: Romania's Main Export Partners, 2002-2008 (US$mn)
Market Overview
- Infrastructure
- Road
- Rail
- Infrastructure
- Air
- Infrastructure
- Water
- Infrastructure
Company Profile
- CFR Marfa SA
- Tarom
BMI Methodology
- How We Generate Our Industry Forecasts
- Transport Industry
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

# # #

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

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Source:Fast Market Research
Phone:1.800.844.8156
Zip:01267
State/Province:Massachusetts - United States
Industry:Transportation, Automotive, Shipping
Tags:freight, transport, privatisation, ministry, port, marfa, Infrastructure, cfr, rail, cargo
Shortcut:prlog.org/11260757
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