CFR
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Romania To Rehabilitate 66.2 Km Railroad Line For EUR530M
Romanian railway administrator CFR SA wants to rehabilitate 66.2 km of the Brasov-Simeria line, between Atel, Sibiu and Coslariu, Alba, through a contract worth an estimated 2.26 billion lei...
Boagiu Says Energy Companies Overcharge CFR
Romanian Transport Minister Anca Boagiu Friday lashed out at power companies, accusing them of overcharging the state-run rail company CFR SA, whose total electricity bill has reached 1.98 b...
CEZ Romania Unit On Brink Of Liquidation - CEO
CEZ Vanzare, the retail division of energy company CEZ Romania, is on the brink of being closed down because it can’t recover a debt of 330 million lei (EUR78 million) from state-run rail co...
Government Might Close "Social" Railway Lines If Earnings Below 50% Of Estimates
Romania's Government will consider closing railway lines used by subsidized passenger trains, if their revenue is lower than 50% of the forecast level.
Enel Deplores EUR187M-And-Rising Debt Owed By CFR
The debt owed by Romanian state-owned railway operator CFR to electricity distributor Enel stands at EUR187 million, Thursday said Enel Romania general manager Luca d'Agnese.
CFR SA To Award EUR59M Bridge Repair Contract
Romanian railway company CFR SA wants to repair the Gradistea bridge, located on the route Bucharest-Giurgiu and damaged by floods in 2005, through a project worth an estimated EUR59 million...
Romania Seeks To Upgrade 44 Km Of Railway For Over EUR330M
Romania’s state-owned railway company CFR SA expects bids by August 24 from contractors interesting in upgrading 44 kilometers of railway between Vintu de Jos and Simeria, in central Romania...
Romania To Lease And Close Over 2,000 Km Of Railroad To Save Money
Romania's Government has decided to lease 1,000 km of public railroad and close another 1,000 km, in an effort to save 109 million lei (EUR25.6 million) from the railway company budgets, as...
Romania To Close Part Of Public Railway Network
The Romanian Government on Thursday decided to start procedures to close a part of the country’s railway network managed by the Transport Ministry, people close to the matter told MEDIAFAX T...