Total investments for future projects are worth RON 22 billion (EUR 4.7 billion). Financing sources are foreign funds, the state budget and own resources.
The implementation graphic increased in the first half of the year, CFR SA’s portfolio exceeding 400 projects on rail infrastructure and superstructure rehabilitation, improvement of exploitation capacities and transport quality and increase of rail traffic safety, CFR SA explains. Thus, for the works implemented within European financing programmes, the absorption level is estimated at 72% (over RON 740 million – EUR 164.5 million) for the first 8 months of the year.
In the first half of 2016, CFR SA completed six large investment projects worth RON 1.32 billion (EUR 293.4 million) and is currently implementing works for the rehabilitation of the railway infrastructure and superstructure worth RON 7.04 billion (EUR 1.56 billion). Apart from these projects, 58 more investment projects worth RON 12.6 billion (EUR 2.8 billion) were launched, while the rest of 336 projects were prioritised at the level of the 8 rail regionals, with total costs worth RON 1.03 billion (EUR 228.9 million).
“The Railway Supervision National Council” (CNSDF) will take action to ensure a normal competitive climate by analysing and adopting solutions for the situations that can occur in the rail transport market, such as unfair, discriminatory or unrighteous treatment, especially because of the practices and decisions of the infrastructure manager, or of the rail transport operator. This year, we will launch a report on the railway transport activity and hopefully, it will be useful to all factors that are active in this system”, declared Dragos Popescu, Competition Inspector – Railway Supervision Department, Competition Council, during the Railway PRO Technology and Services Forum, organised by Railway PRO and Club Feroviar, with the support of the Romanian Railway Industry Association (AIF) in Arad, on 5-6 April.