The company also plans to invest RON83.1 million this year, compared with RON130.7 million assigned for 2014.

CFR Calatori had 13,200 employees at the end of 2014 and the company does not plan layoffs this year.

In 2013, CFR Calatori reported RON408 million losses, compared with RON992 million losses the year before, according to Finance Ministry data. (EUR1=RON4.4420)