05.13.2016

Romania's state-owned railway operator CFR SA said it continues the program of current maintenance and repair works on railway infrastructure components in order to lift speed restrictions and improve more

04.27.2016

Romania's state-owned passenger railway carrier CFR Calatori targets total revenue worth RON2.23 billion in 2016, up 5.74% compared with last year’s preliminary results, and a gross profit of more

04.18.2016

Romanian state-owned railway freight carrier CFR Marfa appointed Mihut Craciun as private CEO of the company, CFR Marfa said in a statement on Monday. more

01.08.2016

Romania's state-owned passenger railway carrier CFR Calatori will invest over RON44 million in 2016, from its own sources, in modernizing 30 train cars and it also budgeted RON100 million for the more

12.30.2015

Romania's state-owned railway operator CFR SA signed four financing contracts totaling EUR689 million with the European Commission for the modernization of railway infrastructure, targeting the more

12.18.2015

Romanian state-owned railway freight carrier CFR Marfa will have to be restructured again as it continues to register losses, so that it is unattractive for potential buyers, although authorities more

09.04.2015

Workers in the Romanian railway sector threaten to stop work on October 1 unless their demands are met by the end of September. more

08.12.2015

Romanian state-owned railway freight carrier CFR Marfa on Wednesday said it won the auction allowing it to keep transporting coal to Complexul Energetic Hunedoara (CEH) in the next two years, namely, more

08.12.2015

Romanian state-owned railway freight carrier CFR Marfa posted 363.6 million lei (EUR82 million) revenue in the first semester, down 17% from the same period in 2014 and 8% below the company’s more

07.28.2015

Romanian state-owned railway freight carrier CFR Marfa won the bid to transport coal to one of its biggest clients, energy producer CE Oltenia, so that it will continue to transport approximately 18 more

07.22.2015

Romania will spend EUR1.2 million this year on consultancy and evaluation services in view of privatizing railway freight carrier CFR Marfa, according to the Transport Ministry's privatization more

07.03.2015

Romania's state-owned railway operator CFR SA posted a profit of RON73 million (EUR16.5 million) in January-May, the company said Friday. more

07.03.2015

Romania's railroad company CFR estimates that the country’s railway infrastructure needs investments of RON17.4 billion (EUR3.9 billion) in 2015, nearly four times higher than RON4.6 billion more

06.18.2015

Romania’s Transport Ministry wants to change the privatization strategy of state-owned railway freight carrier CFR Marfa and plans to sell a 51% stake on the stock market, according to state more

06.14.2015

Romanian state-owned railway freight carrier CFR Marfa saw a 14% decline in turnover in the first three months of 2015, to RON182 million (EUR41 million), from RON213 million in the same period in more

06.08.2015

Romania's railroad company CFR will hold auctions on June 8-15 to award railway infrastructure upgrade works in counties Olt, Dolj, Gorj and Ialomita for a total estimated RON16.7 million net of VAT. more

05.06.2015

Romanian railway company CFR SA is seeking a construction company to rehabilitate 21 railway bridges for its Galati branch for an estimated EUR36.5 million, VAT included. more

04.02.2015

CFR SA, Romania’s state-owned railway company, has budgeted investment expenses worth 3.8 billion lei for 2015, more than double the 2014 level, according to Transport Ministry data. In 2014, the more

03.31.2015

State-run oil transporter Conpet Ploiesti (COTE.RO) will pay 255.1 million lei (some EUR58 million) to state-owned railway freight carrier CFR Marfa, in the next four years, for the transport of oil more

03.18.2015

Romania's state-owned passenger railway carrier CFR Calatori has taken over the passenger traffic of private operator RegioTrans, whose trains were suspended by the railroad safety authority. more

03.12.2015

Romanian state-owned railway freight carrier CFR Marfa signed a three-year partnership with state-owned salt company Salrom for the transport of 300,000-400,000 tons of salt a year between Romania and more

03.11.2015

Romania's state-owned railroad company CFR has a new board of directors, chaired by Transport Ministry secretary general Mircea Jorj. more

03.10.2015

Romania’s Transport Minister Ioan Rus on Tuesday said the privatization process of state-owned railway freight carrier CFR Marfa will be completed in 2016, as agreed with the International Monetary more

02.27.2015

Romanian state-owned railway company CFR SA has appointed Dan M. Costescu as its new general manager. more

02.13.2015

The general manager of Romania's state owned railway freight carrier CFR Marfa, George Buruiana, resigned Thursday from the position he has held since June 2014, the company said in a statement more