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.