CFR
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Dimitrios Sophocleous Takes Over As GM At CFR
Dimitrios Sophocleous has been appointed general manager of Romanian state-owned railway company CFR SA, replacing Cristian Ghibu.
Niels Schnecker Named CFR Managing Board Chairman
Niels Schnecker has been appointed chairman of the managing board of Romanian state-owned railway operator CFR SA, Transport Minister Ovidiu Silaghi said Wednesday.
CFR Switches To Profit Of RON58M In January-October, Cuts Debts By 65%
Romania’s state-owned railway company CFR reduced its debts by 65% in the first ten months of 2012 to 1.9 billion lei (EUR0.41 billion) from RON5.5 billion, and switched to profit of RON58.4...
EBRD Lends EUR175M To CFR To Improve Rail Infrastructure
The European Bank for Reconstruction and Development (EBRD) is extending a EUR175 million loan to Romania’s state-owned railway operator CFR to back reforms and improve rail infrastructure.
Romania To Lend 2,000 Tons Of Fuel To CFR Calatori, Company Needs Ten Times More
The Romanian Government will take 2,000 tons of diesel fuel form the state reserve to supply state-owned passenger railway carrier CFR Calatori during the winter, while the Transport Ministr...
Romania To Rethink Subsidies In Railway Passenger Transport System
Romania’s Government will rethink the system subsidizing railway passenger transport and plans to take profitable services out of the public service obligations of the railway passenger comp...
CFR Gets EUR174M Loan From EBRD
Romania’s state-owned railway company CFR will receive a EUR174 million loan from the European Bank for Reconstruction and Development EBRD, guaranteed by the Government, for paying a state...
CFR Posts RON120M Profit In First Half
Romanian state-owned railway administrator CFR SA reported profit of RON120.7 million (EUR26.9 million) in the first half of 2012, compared with losses of RON229 million in the first six mon...
CFR Calatori 1H Online Ticket Sales Almost Fourfold Higher, To RON2.7M
Online sales of Romanian state-run railway passenger carrier CFR Calatori rose to 2.68 million lei (EUR597,000) in the first half of 2011, from RON740,000 during the same period a year befor...