166 acquisition procedures at CFR SA, CFR Marfa Restructuring, upgraded cars and new projects for CFR Calatori
“Over the past 6 months, CFR SA has initiated 166 acquisition procedures for repair works and rehabilitation of railways in order to increase the traffic speed of trains. Consequently, the state budget has granted RON 3.6 million (EUR 800 thousands) to repair works in Dolj, Mehedinți, Olt and Argeș counties and RON 28.2 million (EUR 6.2 million) to repair works for Bucharest, Timisoara and Constanta regional subsidiaries”, declared Romanian Minister of Transport, Dan Costescu, at the presentation of the balance sheet of companies subordinated to the ministry for the first six months of 2016.
CFR SA has launched several tenders for elaboration of feasibility studies for the electrification and rehabilitation of Cluj – Oradea – Episcopia Bihor railway, for the modernisation of Bucharest – Giurgiu Nord – Giurgiu Nord Frontieră section. This project also includes the rehabilitation of Grădiștea Bridge which collapsed during the 2005 floods.
Tenders for feasibility studies have also been launched for Craiova – Drobeta Turnu Severin – Caransebeș railway. The railway is part of the South/East Mediterranean Corridor.
CFR Calatori and TAROM launch joint project
Referring to CFR Calatori’s balance sheet, Minister Costescu said that the national railway passenger transport operator, CFR Calatori, has put in service the first 30 upgraded cars. Other 30 cars will be upgraded until December 2016.
Costescu recalled the project announced at the beginning of May according to which the CFR Calatori ticket could be included in the TAROM ticket cost, so that the two transport modes would be integrated. The authorities also plan to integrate railway transport and other transport modes.
According to CFR Calatori, passengers will have Wi-Fi services on the recently rehabilitated routes.
CFR Marfa prepares for privatisation
CFR Marfa, with a new board, announces a restructuring plan to cut losses and increase efficiency.
Thus, the state-owned company announces the elaboration on medium and long-term of the sustainable and profitable development strategy, the consolidation of national railway transport leader position and the evolution to key player in the regional market.
CFR Marfa plans to apply a plan of restructuring and improvement of efficiency to ensure the significant growth of the company’s revenues while reducing and optimising operation costs.
The restructuring plan applies in view of the sale planned for 2018.
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