CFR
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CFR Resumes Auctions To Award EUR2.3B Contracts For Railway Section Upgrade
Romania’s state-owned railway company CFR has resumed auction procedures to award four contracts estimated at EUR2.3 billion, VAT included, for the rehabilitation of nearly 140 kilometers of...
EBRD Looks At SMEs And State-Owned Companies In Romania
The European Bank for Reconstruction and Development is interested in buying stakes in Romanian state-owned companies, but is also mulling the country’s small and medium sized companies, sai...
CFR To Buy Electricity On OPCOM Starting June 15
Romanian state-owned railway company CFR SA will buy electricity on the local regulated power exchange OPCOM, starting June 15, 2014, Transport Minister Dan Sova said Tuesday.
CFR Seeks Consultant To Draft Restructuring Plan For EUR1.23M
Romania's state-owned railway company CFR SA is seeking a consultant to draft and implement a detailed restructuring plan under a EUR1.23 million contract to be financed using part of a loan...
CFR Seeks To Upgrade 80 Km Of Railway For EUR1B
Romania’s state-owned railway company CFR seeks to upgrade 80 kilometers of railway in Arad county, western Romania, for an estimated EUR1 billion.
EU: Romania Should Grant Incentives To CFR For Cutting Charges
The European Commission Thursday asked Romania to observe EU legislation, providing financial equilibrium of the main Romanian infrastructure manager, by granting incentives in order to redu...
CFR Announces Management Changes
Romania’s state-owned railway company CFR announced Monday that it has appointed Ionel Voicu as its general manager, replacing George Micu.
CFR Awards EUR300M Railroad Upgrade Contract
Romania’s state-owned railway company CFR awarded a RON1.35 billion (EUR303 million) contract, net of VAT< to the consortium Swietelsky - Strabag - Alstom - Arcada - Euro Construct - Transfe...
CFR To Organize Auctions In January To Upgrade Rail Infrastructure For RON332M
Romanian state-owned railway operator CFR SA will organize several auctions in January to award eight rail infrastructure upgrade contracts, and the value of all contracts is estimated at 33...