CFR CALATORI
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CFR Calatori After Its First Year Under Private Management
State-owned CFR Calatori, the largest railroad passenger carrier in Romania, ended last year with an operating loss estimated at 390 million lei (EUR88 million), from about RON537 million in...
CFR Calatori Eyes Return To Profit In 2014
Romanian state-run passenger rail carrier CFR Calatori expects it will turn to net profit of 70 million lei (EUR15.7 million) in 2014 after losses a year earlier, according to the company’s...
CFR Calatori Seeks RON100M Loan To Refinance Debt
Romanian state-run passenger rail carrier CFR Calatori plans to borrow 100 million lei (EUR22.1 million) to refinance older debt, the company said Wednesday.
CFR Calatori Expects Loss Of RON395M In 2013
Romanian state-owned railway passenger company CFR Calatori estimates loss of 395 million lei (EUR88.6 million) this year, 2.5-fold lower than the RON992 million loss incurred in 2012.
Transport Ministry Raises CFR Calatori Share Capital By RON400M To Pay Off Debts To CFR SA
The Transport Ministry will raise the share capital of passenger railway company CFR Calatori by RON400 million, to pay off debts on the use of railway infrastructure to CFR SA, which in tur...
CFR Calatori 1H Loss Narrows To RON139M
Romanian state-owned railway passenger carrier CFR Calatori registered loss of 139 million lei (EUR31.6 million) in the first half of 2013, down from RON200 million in the similar interval a...
Debt-Mired CFR Calatori Needs Recapitalization, Might Be Privatized
Romanian Transport Minister Relu Fenechiu said Wednesday state-owned passenger railway carrier CFR Calatori needs recapitalization, which might be secured through loans or by selling the com...
CFR Calatori Wants To Contract RON19M Loan For Working Capital
Romanian state-owned passenger railway carrier CFR Calatori on Tuesday said it plans to contract a credit line of 19 million lei (EUR4.4 million) to finance its working capital.
CFR Calatori Sees 2013 Loss Widening To RON427M
Romanian state-owned passenger railway carrier CFR Calatori estimates a loss of 427.2 million lei (EUR96.8 million) this year, much wider than the loss expected for 2012, of RON296 million.