CFR Calatori

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CFR Calatori SA

CFR Calatori CEO: We'll probably end 2020 with 300-something ml lei in losses

The National Railway Company's passenger arm CFR Calatori will most likely end 2020 with losses of over 300 million lei, but this is still less than the 680 million lei budgeted at the beginning of the year, the company's CEO Dan Costescu declared on Wednesday.

Over 60 pct of the total facilities granted for train travel in 2019 are for students

The gratuities for students in train travel represented last year nearly 60 pct of all travel facilities granted by the Romanian state, being the highest percentage, according to the study regarding the evolution of the main indicators of the passenger rail market in Romania in the 2016-2019 period, conducted by the Authority for Rail Reform (ARF).