Bucharest metro operator plans EUR 404 mln investments

04 February 2015

Bucharest metro operator Metrorex wants to spend EUR 404 million this year.

Most of this amount - EUR 395 million - would come from the state budget, according to a Government draft decision, cited by Capital.ro.

The company estimates equal revenues and expenditures for 2015, each worth EUR 155 million. As for the revenues, EUR 74.5 million of these are state subventions and EUR 120,000 are financial revenues.

In terms of expenditures, the staff costs are estimated at EUR 67 million. Metrorex will have 4,218 employees at the end of the year, the company estimates.

editor@romania-insider.com

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Bucharest metro operator plans EUR 404 mln investments

04 February 2015

Bucharest metro operator Metrorex wants to spend EUR 404 million this year.

Most of this amount - EUR 395 million - would come from the state budget, according to a Government draft decision, cited by Capital.ro.

The company estimates equal revenues and expenditures for 2015, each worth EUR 155 million. As for the revenues, EUR 74.5 million of these are state subventions and EUR 120,000 are financial revenues.

In terms of expenditures, the staff costs are estimated at EUR 67 million. Metrorex will have 4,218 employees at the end of the year, the company estimates.

editor@romania-insider.com

Normal
 

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