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Bucharest
May 18, 2021
BUSINESS

Hundreds of millions of euro for CFR clientele

Over the past four years, CFR Calatori has concluded framework-agreements worth hundreds of millions of euro with a number of local companies, ‘Jurnalul National’ reports. All those investments did not take into consideration the lousy state of dilapidation of the railway infrastructure or the fact that the railway company reports huge losses every year. Irrespective of the political affiliation of the head of CFR Calatori, contracts for carriage repairs, revamping or procurement of carriages or electric multiple units have kept being awarded to companies known to the company’s heads. Only in the last four years, CFR Calatori has paid over RON 1.8 bln (more than EUR 400 M) for carriage repairs, revamping, as well as for new carriages and EMUs. And yet, the total value of the agreements signed between CFR Calatori and a handful of companies that seem to have a ‘subscription’ to government contracts is much bigger, with the aforementioned amount only representing payments the railway company made for subsequent contracts under closed framework-agreements.
Astra Vagoane Calatori, Remar Pascani, Remarul 16 Februarie, IRVC CFR SIRV Brasov and Atelierele Grivita are just a few of the Romanian companies that operate in the area of rolling stock repairs or manufacturing and that have signed agreements worth EUR 1 bln with CFR Calatori in the last few years.

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