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Tag "Moldovan Railways (CFM)"

    EBRD provides EUR 52.5 million loan to Moldovan Railways

EBRD provides EUR 52.5 million loan to Moldovan Railways

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

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    40.5 percent decrease in international railway passenger transport in CIS and Baltic countries

40.5 percent decrease in international railway passenger transport in CIS and Baltic countries

The number of international railway passengers on  CIS and Baltic countries railway networks has dropped by 40.5 percent compared to the same period last year, stated Vladimir Yakunin, President  of Russian Railways, during the 61st meeting of the Council for Rail Transport of CIS and Baltic states in Baku.  During the first nine

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    Moldovan Railways to purchase 10 new multi-purposes locomotives and consultancy services

Moldovan Railways to purchase 10 new multi-purposes locomotives and consultancy services

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

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    EUR 100 million financial aid from EBRD and EIB for modernising Moldovan Railways

EUR 100 million financial aid from EBRD and EIB for modernising Moldovan Railways

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

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    KVSZ interested in delivering passenger trains to Moldovan Railways

KVSZ interested in delivering passenger trains to Moldovan Railways

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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