Remarul 16 Februarie
Encyclopedia
Remarul 16 Februarie Locomotive Works is a company dealing with construction and repair of railway rolling stock
Rolling stock
Rolling stock comprises all the vehicles that move on a railway. It usually includes both powered and unpowered vehicles, for example locomotives, railroad cars, coaches and wagons...

. They are based in Cluj Napoca in Romania
Romania
Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...

. In addition to repair services, the company manufactures parts for rolling stock, pistons, traction hooks, springs for hydraulic diesel locomotives. The company's raw material suppliers are companies Inda Craiova Softronic Craiova, Caterpillar, Integral Consulting R & D Bucharest, Voith AG, Knorr Bremse AG.

Following a contract signed with Bombardier
Bombardier Transportation
Bombardier Transportation is the rail equipment division of the Canadian firm, Bombardier Inc. Bombardier Transportation is one of the world's largest companies in the rail-equipment manufacturing and servicing industry. Its headquarters are in Berlin, Germany....

 in november 2010, Remarul 16 Februarie will produce at Cluj the AGC
Autorail à Grande Capacité
The Autorail à Grande Capacité is a category of multiple unit trains built by the Canadian train manufacturer Bombardier at Crespin for the French rail operator SNCF...

train.

Company's major shareholders are Transferoviar Group SA (32.96%) and Monica Băiculescu (31.51%). The company's shares are traded on the basic category of Rasdaq market under the symbol REFE.

In December 2006 the company acquired Aiud Metals, a company specializing in production of machinery for metallurgy and metal building.

Number of employees in 2009: 560

Turnover in 2008: 43 million euros
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