According to the sources, the sums resulted following the measure will be used by state-run railway company CFR SA for railway infrastructure maintenance.

The Government pledged during negotiations with the International Monetary Fund CFR will close 20% of the country’s railroad network, about 4,000 kilometers of railway lines, unless it finds investors to ensure their maintenance.

Following talks with the IMF, the Transport Ministry drafted a Government decision to close 1,474 km of unessential railway infrastructure, thereby cutting public spending on their maintenance and directing the funds to more important segments.

According to CFR data, in 2009, Romania’s railroad network was 20,210 km long, including 17,691 km in public infrastructure managed by CFR SA and 2,519 km in private management.