CFR
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Romanian Railway Company Gets Three Bids For RON530M Line Upgrade
Romania’s state-owned railway company CFR received three bids for the upgrade of a portion of railway part of the fourth pan-European transport corridor, an investment estimated at 530.5 mil...
CEZ Romania: CFR Paid Off Its Debt; Late Payment Penalty Charges Waived
Power company CEZ Romania Tuesday said state-run rail company has paid off its debt of over 250 million lei (EUR54.76 million) accumulated over the past five years, but that it had to forgo...
How The New Head Of CFR Calatori Plans To Balance The Company Out
Despite having received state subsidies of EUR1.6 billion in the past five years, state-run passenger railway carrier CFR Calatori is still unable to cover its costs from ticket sales, while...
CFR Gets State Loan To Pay Debts To Energy Suppliers
Romania's Government will give national railway company CFR a loan to pay its debts to the private energy suppliers, a decision taken with the International Monetary Fund's consent.
CFR To Get State Loan For Paying Debts To Energy Suppliers
Romania's Government will give national railway administrator CFR a loan to pay its arrears to the private energy suppliers and will issue an ordinance whereby CFR will pay only the principa...
CFR Leases Three Rail Sections To Private Operators At Prices Starting From RON12,700/Yr
Romanian railway administrator CFR SA has leased three rail sections managed by the CREIR Bucuresti and CREIR Timisoara branches to private operators at prices starting from 12,700 lei (EUR2...
Romanian Railway Admin Signs EUR183.5M Contracts For Infrastructure Projects
Romanian railway administrator CFR on Thursday signed nine contracts, worth a total EUR183.5 million and financed from European funds, for infrastructure upgrade projects.
CFR To Hold New Auction To Lease 13 Railway Sections
Romanian railway operator CFR will organize a new open outcry auction on May 2 to lease 13 sections of the public railroad network in Bucharest, Timisoara, Brasov and Iasi.
CFR Black Hole: EUR1.3 Billion Losses In Four Years
Poor management, the administration's lack of interest and the reduced investments in infrastructure have thrown railway companies CFR SA, CFR Marfa and CFR Calatori into a hole of cumulated...