Skip to main content

EBRD funds new transport master planning standards for Romania

In July 2014, the European Bank for Reconstruction and Development (EBRD) awarded funds of around US$1.8 million for the development of sustainable mobility master plans in Romania. The EBRD is the largest institutional investor in Romania. To date, the Bank has invested US$8.9 billion across 364 projects in diverse sectors including industry, commerce, agribusiness, infrastructure, energy and finance.
August 5, 2014 Read time: 2 mins

In July 2014, the 2001 European Bank for Reconstruction and Development (EBRD) awarded funds of around US$1.8 million for the development of sustainable mobility master plans in Romania.

The EBRD is the largest institutional investor in Romania. To date, the Bank has invested US$8.9 billion across 364 projects in diverse sectors including industry, commerce, agribusiness, infrastructure, energy and finance.

The EBRD has set itself the ambitious target of establishing sustainable transport planning in a total of eight Romanian cities over the next few years. The approach is a new one for Romania. On the basis of an integrated planning process, working alongside and for municipal authorities and with the participation of local stakeholders, sustainable urban transport policies will be developed.

The introduction of quantitative transport planning methods is a core part of the contract. For example, transport modelling is to be introduced for objective assessments in all cities.

Companies from the 3264 PTV Group are taking a leadership role and providing consulting, expertise, methods and software for transport planning and modelling in three cities, Craiova, Iaşi and Ploieşti. PTV Transport Consult is responsible for the overall coordination of the project and brings its expertise in transport planning, public transport and parking space strategy. PTV AG provides extensive and suitable software tools, while supporting the development of new transport models with its experts. The public transport theme will be backed by consultants from TTK and Search Corporation will be involved as a local partner.

"The whole of Romania should benefit and learn from the new transport planning methods," asserts project leader Dr.-Ing. Rainer Schwarzmann of PTV Transport Consult. "Particular emphasis is to be placed on knowledge transfer between all participants. We will provide city developers and transport planners with the know-how for the day-to-day work and cooperate with them, using professional software tools, to develop the sustainable transport models."

For more information on companies in this article

Related Content

  • AI adoption in transportation needs a boost, says TRL
    May 20, 2025
    More help required to reach AI's potential, according to new report
  • After two decades of research, ITS is getting into its stride
    June 4, 2015
    Colin Sowman gets the global view on how ITS has shaped the way we travel today and what will shape the way we travel tomorrow. Over the past two decades the scope and spread of intelligent transport systems has grown and diversified to encompass all modes of travel while at the same time integrating and consolidating. Two decades ago the idea of detecting cyclists or pedestrians may have been considered impossible and why would you want to do that anyway? Today cyclists can account for a significant propor
  • Ukraine: how ITS works in a war zone
    November 28, 2023
    Russia’s invasion of Ukraine has cost thousands of lives and devastated much of the country. Ertico – ITS Europe hosted a webinar in which some key players in Ukraine’s ITS community – Kyiv Digital, TomTom and Uber - shared their extraordinary stories. Adam Hill listened in…
  • AIT showcases services for urban planning and future mobility at Smart City Expo, Barcelona
    February 9, 2018
    The latest software tools from the Austrian Institute of Technology (AIT) are designed to help authorities create a sustainable mobility system for cities. AIT uses smartphones to track the distances travelled and transport modes used by their owners which can be used for mobility surveys and ticketing solutions or automated calculation of travel times. Experts have also developed tools to analyse pedestrian flows for the planning and optimisation of public transport infrastructure. Virtual 3D models of