EBRD is providing EUR 52.5 million to the state-owned railway company, Calea Ferată din Moldova (CFM). The loan, signed by Moldova’s Prime Minister Iurie Leancă and EBRD Director for Transport, Sue Barrett, in Chișinău today, will be used to co-finance the acquisition of around 10 new multi-purpose locomotives and the
Moldova Railway Data
Calea Ferata din Moldova (Moldovan Railways) intends using the proceeds of a loan from the European Bank for Reconstruction and Development (the Bank) as well as the funds from the European Investment Bank and the European Commission for a project to finance the acquisition of new multi-purposes locomotives to offer
Romania and China discuss Bucharest – Iasi – Chisinau high speed line project
Romanian prime minister, Victor Ponta announced starting discussions with China’s Government on a high-speed railway line connecting Bucharest, Iasi and Chisinau, the capital city of the Republic of Moldova. “Now transport minister Rus has initiated more advanced discussions because we can’t run this pilot project on the Bucharest-Constanta line, which is a European
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The Moldovan Ministry of Transport and Road Infrastructure will start negotiations with the European Bank for Reconstruction and Development and the European Investment Bank about a EUR 100 million loan for an investment project for the modernization of the country’s railway network. The Minister of Transport and Road Infrastructure, Vasile Botnari stated that the project will
During a meeting with Moldova’s Minister of Economy, the Ambassador of Ukraine to Chisinau stressed the interests of the rolling stock manufacturer Kryukov Railway Car Building Works (KVSZ) to cooperate with Moldovan Railways (CFM), in regarding the supply of passenger cars. Last year, KVSZ Board Chairman and Director Yevhen Khvorost, stated in an interview for the local press
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