EUR 686 million CEF funding for developing Romania’s railway network
Tuesday, January 19, 2016
Romanian state-owned railway infrastructure manager CFR SA has signed a EUR 686 million financing contract with the European Commission (INEA- Innovation and Networks Executive Agency) for four railway projects included in the Connecting Europe Facility (CEF) Programme. The most important project approved is the modernisation of Brasov-Apata and Cata-Sighisoara railway sections, part of Brasov – Sighisoara line. The total value of ...