Railways and metro companies to raise tariffs from September

Romanian state-owned passenger railway company CFR Calatori and state-run subway company Metrorex will raise tariffs by 8 percent from September 15, according to Transport Minister Radu Berceanu. Berceanu said in August that the Transport Ministry proposed the Government the railway transport tariffs hike by 8 to 9 percent and subway transport tariffs increase by 10 to 11 percent. The Government has promised the International Monetary Fund (IMF) it would raise the tariffs of the ten largest loss-making state-run companies, including CFR Calatori, freight carrier CFR Marfa, electricity producer Termoelectrica and Metrorex. Mediafax