CFR Black Hole: EUR1.3 Billion Losses In Four Years

03.16.2012 By Mirabela Tiron

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 losses of EUR1.3 billion between 2007 and 2010, according to a ZF analysis. Signs of putting this disaster behind are yet to emerge.

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Keywords:
CFR
, CFR CALATORI
, CFR MARFA