ECONOMY TRANSPORTS

National railway freight operator plans 76 million lei investments

Romania’s national railway freight operator CFR Marfa plans investments of 76 million lei in 2016, according to its draft budget published on the Transport Ministry’s website.

Revenues equal expenditures, at 923.69 million lei.

The planned operating expenditure is 912.31 million lei, and staff expenses are 300.72 million lei, including 214.29 million lei in salaries and 16.52 million lei bonuses, for an estimated end-year personnel of, 6,623 with an average wage of 2,780.24 lei.

The company’s credit claims amount to 461.56 million lei in current prices, and the outstanding liabilities are 476.15 million lei.

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