Company Remarul 16 Februarie SA Bucharest S.E.

Remarul 16 Februarie SA is a Romania-based company primarily involved in the railway sector. The Company is active in the manufacture, maintenance, modernization and repair of railway locomotives and rolling stock. It offers overhaul and maintenance services for diesel hydraulic and diesel electric locomotive; repair and renovation of electric locomotives; construction, modernization and overhaul of hydraulic diesel multiple units (DMUs) and electric multiple units (EMUs), and reconstruction and repair services for passenger wagons. The Company is also involved in the painting of rolling stock. Its offer is directed to the national railway companies, as well as to private rail operators. As of June 30, 2012, SC Transferoviar Grup SA held a 34.30% stake in the Company.