CFR
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Bucharest North Railway Station May Be Modernized In Partnership With Belgian Firm
The Bucharest North railway station might be modernized and turned into a transit point in a project worth over 1.5 billion lei (EUR0.33 billion), which should be carried out in partnership...
EXCLUSIVE: Romania To Lease Or Close Some 1,600 Km Of Railway Lines In 2013, 2014
Romania’s government will decide by the end of the year whether it will lease or close 1,600 kilometers of railway lines in 2013 and 2014, aiming to save some 70 million lei (EUR15.7 million...
Volksbank Romania VP Named Chairman Of CFR’s Managing Board
Volksbank Romania’s vice-president Florian Kubinschi has been appointed chairman of the managing board of Romanian state-owned railway operator CFR SA.
CFR Needs EUR7B For Railway Section Modernization
The modernization of railway sections in northern and southern Romania, which belong to the Pan-European transport corridor IV, requires investments worth a total of EUR7 billion, Jean Nicol...
Romanian Railway Company CFR Repairs Just 10 Km Of Rail Annually
Romania’s state-owned railway company CFR has major delays in its railway rehabilitation program, as 8,000 km out of a network of 10,700 km require capital repairs and the company barely rep...
Mindrutescu Resigns As Chairman Of CFR’s Managing Board
Sorin Mindrutescu has resigned from the position of president of the managing board of Romanian state-owned railway operator CFR SA for personal reasons.
CFR Calatori Estimates To Carry Nearly 50Mln Passengers In 2013, Similar With 2012
Romanian state-owned railway passenger company CFR Calatori estimates to carry about 50 million passengers in 2013, similar with 2012, but nearly 70% lower from 1998 when the company was fou...
CFR: Poor Rail Infrastructure Results In Train Slowdowns
Passenger and freight trains in Romania currently travel at an average speed of 43 km/h and 21 km/h, respectively, which is lower by nearly 20km/h than the speeds they would reach in the pas...
CFR SA Revenues Up 3.5% In 1H, To RON1.16B
Revenues of Romanian state-owned railway company increased 3.5% in the first half of the year, to RON1.16 billion, as railway traffic declined around 5%, the company said Wednesday.