CFR SA
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CFR Wants To Upgrade 12 Bridges For RON67M
Romanian state-owned railway company CFR SA wants to upgrade 12 bridges for 67.26 million lei (about EUR15.7 million), VAT excluded, the company said Tuesday.
CFR SA's 2011 Loss Reduced To Less Than Half In Revised Budget
Romania's Transport Ministry wants to revise the 2011 budget of state railway company CFR SA, reducing its losses to less than half the initial estimate, i.e. to 350 million lei (EUR82 milli...
Transport Ministry To Take Over Telecomunicatii CFR, Through Debt-Equity Conversion
Romania's Transport Ministry will take over Telecomunicatii CFR, a branch of state railway administrator CFR SA which provides telecom infrastructure, after the company settles part of its 2...
Romania Seeks To Upgrade 31 Km Of Railway For EUR206M
Romania’s state-owned railway company will hold an auction in September seeking contractors interested in upgrading 31.5 kilometers of railway between Vintu de Jos and Coslariu, central Roma...
CFR Allows Three Debtor Operators Back On Track
Romanian railway administrator CFR SA has granted access to the railway infrastructure to three of the four private rail transporters that had been barred over combined debts of 36.6 million...
Railroad Maintenance Financed By State Budget, In Addition To Use Fee
Romania's Government decided that the maintenance of the public railway infrastructure will receive financing from the state budget, in addition to funds collected from the infrastructure us...
CFR SA Denies Access To Rail To Four Private Operators, Over Debts
Romanian railway administrator CFR SA on Tuesday denied access to the railway infrastructure to four private transporters, over combined debts of 36.6 million lei (EUR8.77 million).