CFR
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Firms’ Debts To Energy Suppliers Exceed RON1B
State-owned and private firms register debts of over 1 billion lei (EUR0.22 billion) to electricity suppliers, and state-owned railway operator CFR is the main debtor, with more than half of...
CFR Wants To Modernize Targu Mures Railway Station For Some EUR10M
Romania’s state-owned railway administrator CFR wants to award a contract estimated at 45.2 million lei (EUR10.2 million), net of VAT, for modernization works at the railway station in Targu...
Ponta: Help From EBRD Is Romania’s Only Real Chance To Modernize CFR
Romania is ranked third regarding volume of investments by the European Bank for Reconstruction and Development, Prime Minister Victor Ponta said Monday after a meeting in Bucharest with EBR...
Transport Minister: Former Executive Board Of CFR SA Planned To Lay Off 6,000 People
The management plan proposed by the former executive board of Romanian state-owned railway operator CFR SA did not have enough definite objectives and stated the layoff of 6,000 people, Tran...
CFR SA Has New General Manager
The new Managing Board of Romanian state-owned railway operator CFR SA Wednesday appointed George Micu, a former general manager of freight railway carrier CFR Marfa, to the position of gene...
CFR Shareholders Appoint New Managing Board
The shareholders of Romanian state-owned railway operator CFR SA Monday appointed a new Managing Board, which includes Sorin Mindrutescu (Oracle Romania CEO), Peter Weiss (former head of Ban...
Transport Ministry Rejects CFR Management Plan
Romania’s Transport Ministry has rejected the management plan proposed by the Executive Board of state-owned railway operator CFR SA, which will lead to the termination of the board members’...
CFR Threatens Measures Against Debtors
Romanian state-owned railway administrator CFR SA will start taking measures against rail transport operators failing to pay off their debts towards CFR by April 9, company general manager D...
ANAF, CFR Marfa To Take Over CFR Debts
Romania’s tax authority ANAF will take over an overdue debt of 119 million lei (EUR27 million) state-run railway operator CFR has to privatization authority AVAS, and then rail carrier CFR M...