0.2 C
Bucharest
January 27, 2023
BUSINESS

Public transport company to hike ticket price 40 pc

Bucharest public transport company (RATB) will start the procedures to hike the price of tickets by 40 per cent, Adrian Crit, general manager RATB, stated in an interview. He justified the measure through the fact that RATB has not operated any price hikes in well over two years, Agerpres informs. Restructuring is ruled out in 2011, but Crit states that he opts for reorganizing RATB by keeping high-performing employees. RATB’s general manager also talked about the Administration’s investment projects and about the benefits of recently signing a contract with Siemens in order to build the Vienna trams’ bodies in Bucharest. Adrian Crit also stated that RATB cannot make major infrastructure investments because it needs a repair plant and a well-known partner that would come up with know-how and investments.

Related posts

Surprising decision concerning CSA leadership

Cora invests EUR 47 M in its 10th hypermarket in Romania

Nine O' Clock

Orange Romania revenues reached EUR 448 M in H 1

Nine O' Clock