Burci wants his own goods operator in Serbia and Macedonia

 “We want to expand as operator to neighboring markets, such as Serbia and Macedonia, and will obtain transport licenses. We are also interested in Bulgaria, where we can sell the cars we produce,” Burci told Business Standard.

Furthermore, IRS is eying the Russian and Kazakh markets, where demand for cars in in the coming ten years could be very large.

IRS’s major shareholder is also owner in Romania of Servtrans, the goods transport market leader, and produces cars for this type of transport in its own factories in Romania: Meva, Astra Arad, and Romvag Caracal. Burci added that he is likewise considering investments in rail car distribution on markets such as China, which can become a supplier of components.

Cristian Burci denied rumors that he might sell Servtrans, in spite of some vague attempts, and he indicated that the goods transport operator is expecting turnover this year worth €60 million, and operational profit of €15 million.

IRS is registered in Luxembourg. Its portfolio includes the Trinity Industries goods car producer in the United States, and the Czech Thrall Vagonka Studenka, as well as shares in three Serbian companies: MIN Vagonka, MIN Lokomotiva and Specijalna Vozila. The company is forecasting turnover this year worth some €435 million, and the production of over 5,000 goods cars.