SNCFRSocietatea Nationala a Cailor Ferate Romane (Romanian: National Society of Romanian Railways)
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Last month, Romania and the EIB also signed a loan of ECU 200 million for the national railway company SNCFR to modernise the railway line between Bucharest and Brasov.
The company s major ongoing projects in Romania are the 25 year maintenance services provided to Metrorex, as well as several modernization and rehabilitation projects for SNCFR.
Romania's SNCFR railway authority signed a contract worth around USD57 million with French engineering group De Dietrich to modernise 100 passenger carriages.