It also said the main operational measures to be implemented countrywide in the upcoming period target to make CFR’s commercial activity more efficient by reevaluating its current tariffs for the lease of space and land in its private patrimony.
CFR also plans to set off procedures for the sale of scrap metal and other railroad materials through the Commodities Stock Exchange, in the next four-five months.
Company general manager Dimitrios Sophocleous has recently said CFR’s oversized staff will be reevaluated and a reorganization decision will be made after talks with unionists and authorities.
CFR administers around 15,000 kilometers of railroad and has some 23,000 employees, plus an additional 5,000 working in its regional branches.
CFR targets investments of over RON3 billion in 2013, mainly covered from non-reimbursable European funds. In 2012, the company allotted RON1.8 billion for investments. (EUR1=RON4.4219)