Due to its strategic position at the crossroads of the Orient and the Occident, the first railways built in Europe with Ottoman Empire funding and Austrian design crossed Romania, including the famous Orient Express. After Romania joined the EU, the competition between transport corridors linking Greece and Asia to Western Europe became intense, involving issues of enormous political and economic consequence.
As a result of Romania’s strategic location, the EU has granted significant funding over recent years to railway companies and the Ministry of Transportation for the renovation and construction of safer and faster railways that conform to EU standards and connect with non-EU countries.
We have advised both private and state-owned railway companies about railway concessions and we have also advised ministries in relation to privatisation, spin-offs, internal reorganisations and the harmonisation of Romanian and EU railway legislation and technical standards.
We recently advised the Government of Serbia in connection with an EU-funded project involving the harmonisation of Serbian legislation with EU Directives and Regulations, and with OECD and World Bank best practices in the railway sector. Our specialist railways lawyer has been appointed coordinator of Railway Reform in Serbia and has worked closely with the Serbian Government and the state-owned railway companies to draft and implement a Railway Implementation Action Plan and Roadmap.