03.15.2012

Romanian railway administrator CFR SA has leased seven rail sections managed by the Craiova branch to RC-CF Trans Brasov for four years and an annual rent of 1.96 million lei (EUR448,800), without more

03.09.2012

The debts of Romanian state-owned railway operator CFR SA to the state budget and the risk fund, amounting to 3.99 billion lei (about EUR917 million) at the end of 2011, will be written off by the more

03.09.2012

Romanian railway operator CFR will organize two auctions to award consulting contracts for the rehabilitation of three railway sections in western and central Romania. more

02.21.2012

Romanian unions in the railway sector said they will challenge in court the government’s decision to lay off over 1,100 employees at passenger railway company CFR Calatori, starting March, arguing more

02.17.2012

Romanian state railway company CFR Marfa badly needs a debt compensation scheme, since it became viable last year and would have turned a profit were it not for its historic arrears, said Transport more

02.16.2012

Romanian state railway operator CFR Calatori carried 53.45 million passengers last year, 7.3% less compared with 2010, because of a larger national car park, fewer commuters, lower purchasing power more

02.12.2012

Romanian state-owned passenger railway carrier CFR Calatori will rent all available advertising spaces to increase its revenues by 6% this year. more

02.10.2012

Romanian state-owned railway operators owe energy suppliers 1.2 billion lei (EUR275.6 million), and the Government allotted RON400 million at the end of 2011 to pay overdue bills, former Transport more

02.09.2012

The International Monetary Fund has charged Romania's Government to renegotiate the contract for the Valcea-Valcele railway line, whose value has risen four times after it was unilaterally suspended more

02.08.2012

Romania's state-owned railway administrator CFR has until the end of June to make a deal with Belgian constructor Eurostation for the modernization of Bucharest's main station, and will have to find more

02.07.2012

Romanian railway administrator CFR SA on Tuesday signed six contracts for the modernization of two rail sections and four stations, worth a total EUR479 million, while road authority CNADNR signed a more

02.07.2012

Romanian state-owned railway passenger transporter CFR Calatori has bought Euro 5 diesel fuel from trader Oscar Downstream within a contract worth 77.82 million lei (EUR17.9 million), VAT excluded. more

02.06.2012

The Romanian Transport Ministry has published an auction announcement to select a broker to manage the privatization of freight railway operator CFR Marfa. more

01.27.2012

Romanian state-owned railway company CFR Marfa last year posted losses of 133.5 million lei (EUR30.76 million), 67.9% higher than the level approved in its budget, RON79.5 million. more

01.25.2012

Romanian railway administrator CFR awarded two contracts worth a total of 1.43 billion lei (EUR334 million), without VAT, to upgrade two railway section between Atel (Sibiu) and Coslariu (Alba). more

01.16.2012

The debts of Romanian state-owned railway administrator CFR SA to the state budget and the risk fund, amounting to 4.5 billion lei (over EUR1 billion) at the end of 2011, will be written off by the more

01.13.2012

Romanian railway administrator CFR and the management authority of the operational program for transport have signed two financing contracts amounting to 258.7 million lei (EUR60 million), VAT more

01.09.2012

Romania's Court of Accounts has found losses of 325.8 million lei (EUR74.8 million) at state-owned railway companies CFR SA and Electrificare CFR, while auditing the management of railway more

01.09.2012

Romanian state-owned railway company CFR SA illegally spent EUR13.4 million from a foreign loan in 2010, an audit by the Court of Accounts has found. more

12.30.2011

Romanian state-owned passenger railway carrier CFR Calatori will offer starting January 1 a 5% discount on train tickets bought online from the company’s website. more

12.27.2011

Romanian railway administrator CFR SA awarded a 3.2 million lei (about EUR753,000) contract to constructor West Star to upgrade a bridge in eastern Romania, CFR said in a press release Tuesday. more

12.23.2011

Romanian state-owned railway administrator CFR SA on Thursday awarded a railway line lease contract to Cluj-Napoca-based operator Transferoviar Grup, CFR said Friday. more

12.23.2011

Romanian railroad administrator CFR awarded an 872.6 million lei contract (EUR207.7 million), VAT excluded, to an Austrian-Spanish consortium to upgrade a railway section linking Sighisoara to Atel, more

12.20.2011

Romanian railway administrator CFR SA on Thursday will organize an open outcry auction to lease ten sections of the public railroad network in Bucharest, Brasov and Iasi. more

12.09.2011

Romanian railway administrator CFR SA on Friday signed eight contracts worth a total of EUR215.7 million to upgrade five train stations and repair the Vintu de Jos – Coslariu line and five tunnels. more