“We’ve reached an agreement and obtained a substantial cost cut,” Metrorex general manager Gheorghe Udriste said Friday, adding he cannot reveal how much service costs will be reduced.
End-April, Metrorex announced it wants to hold an auction to award a train maintenance contract, whose value was estimated at 693.31 million lei (about EUR169.8 million), without TVA.
Udriste said at that time the maintenance contract signed with Alstom might be canceled.
In 2003, Alstom Transport Romania signed a EUR240 million train maintenance contract with Metrorex, valid for 15 years. The two companies sign additional documents each year setting the price for services.
(EUR1=RON4.2341)