Wikipedia
Regiotrans is a private rail company headquartered in Brașov, Romania. It was founded in 2005 and is exclusively active in the passenger transport sector. At present Regiotrans run about 200 train services / day.
On March 17, 2015, the Romanian Rail Safety Authority revoked the company's Part B safety certificate and the company ceased operations on all routes until further notice. CFR, the national rail carrier has taken over (from March 18, 2015, for the time being) some of the routes; but not all, and those that CFR had taken on operated with a skeleton service. The sudden cessation of Regiotrans services, with virtually no notice, took many travellers by surprise; some passengers being stranded in fields. Their Regiotrans season tickets were honoured by CFR, but clearly only if CFR were providing an emergency replacement. A refund, however, was available for longer period season ticket holders.
Particularly in the Banat region, there were no alternative bus routes. Many villages and even substantial towns, therefore, had no practical public transport option. Services restarted on certain routes on the 1st April 2015, the company apparently having obtained the safety certificates following a fast track procedure ( "in regim de urgenta"). Further re-openings were effected in mid/late April 2015 (for example Ineu - Cermei), several routes, however, remain closed, following changes in the subsidy allocations and calculation' regulations, that occurred in March 2015.
The Company had been experiencing difficulties due to alleged subsidy corruption. Not the least problem faced by its major shareholders and directors, was the fact that a majority shareholder and joint senior executive, Costel Comana somehow managed, after taking drugs, to commit suicide by hanging himself with his shoelaces ("cu șireturile de la pantofi") in a toilet aboard an air flight between Columbia and Costa Rica. Comana had fled Romania for Brazil after the arrest of his co-chief executive (and joint owner of Regiotrans), Iorgu Ganea. Ganea had been arrested and faced prosecution regarding subsidy irregularities.