TAROM is facing a decisive moment for its survival, and the Government must quickly determine whether the national operator can be saved by attracting a strategic investor or if it will enter a controlled exit from the market. The new interim Minister of Transport, Radu Miruță, has taken office with the task of assessing TAROM's situation, refusing to make decisions based on rumors. Although the company reported a profit in 2024, it came from the sale of assets, not from ticket sales, and the occupancy rate is below 70%. Additionally, according to the European rule 'one time, last time', Romania will not be able to provide state aid for TAROM for 10 years after 2026. The Government has two options: selling the shares to a major investor or closing the company, which would mean recovering funds by selling landing rights at major airports. Deputy Prime Minister Oana Gheorghiu confirmed that TAROM's current business model is not sustainable.
Sources
Latest News
13:32
A Russian soldier opened fire on comrades and some civilians in Sevastopol, Crimea / Four people died, and four others were injured.
13:29
Automotive suppliers are losing more jobs than large manufacturers, and new investments are shifting towards electric vehicles.
13:28
Prime Minister Vasile Tofan considers the visit of the delegation of the Ministry of Agriculture from Afghanistan to Moldova unacceptable, resulting from an evaluation error.
13:20
Automotive suppliers are losing more jobs than large manufacturers, and new investments are shifting towards electric vehicles.
13:17
Designer John Galliano will have a retrospective at the Metropolitan Museum of Art in New York, starting in May 2027. The exhibition will analyze his career and past controversies.
See more news