Marius and Emil Cristescu brothers of Timisoara, two of theRomanian entrepreneurs struggling to breathe new life into thedomestic industry, have taken Faur to African markets in search oforders and areas less hurt by the crisis. Faur Bucuresti (FAU), aproducer of rolling stock and heavy equipment, controlled byCristescu brothers, has boosted its turnover on African markets byaround 30% in the past two years, according to the company'srepresentatives. They say they have so far delivered to Egypt morethan 50 locomotives for sugar cane transport and that they are intalks with the Transport Authority of Egypt's Alexandria city onthe modernisation of the tram fleet. The company also suppliessugar extraction and refining equipment to Chad and Senegal, inpartnership with a French firm. The company's representatives didnot specify the volume of turnover Faur derives from Africanmarkets, though.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
