ZF English

Carabulea spends 10m-euro on buses from Cefin

28.08.2008, 19:37 14

4BUS, a division of the Cefin holding, has delivered over 100 buses for intercity and international transport to transporter Atlassib, held by Ilie Carabulea, the leading businessman in Sibiu (holder of Banca Carpatica). The overall value of deliveries, at an average price of 110,000 euros for an intercity bus with standard equipment, amounts to 11 million euros. Atlassib was the most important client of 4Bus in the first six months of the year and acquired around half of the overall buses delivered. 4Bus sold 178 buses with over 22 seats and 106 minibuses in the January-June period, after its turnover amounted to 23.8 million euros, while 24 million-euro sales are budgeted for the full year. "We have taken advantage of the market expansion and of the auctions to secure operating licences, which have been held in this period (...)," explained George Stamate, general manager of 4BUS.

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