Romanian railways company to revamp Vintu de Jos-Simeria railway section with EUR 317 mln

Romanian state-owned railways company CFR SA has awarded the contract for construction works and installations on Vintu de Jos – Simeria section in Romania to an association made of companies Swietelsky – Strabag – Alstom – Arcada – Euro Construct – Transferoviar Group. The value of the contract amounts to EUR 317 million, without VAT, and the funding sources are the European Commission, with 85 percent, and the Romanian Government with 15 percent. The construction works have to be finalized in 30 months. The project for the rehabilitation of the Vintu de Jos – Simeria section west of Romania, part of the Coslariu – Simeria section, is the first project in Romania’s railway infrastructure financed through European funds after 2003. CFR SA manages and maintains Romania’s railways infrastructure. Irina Popescu, irina.popescu@romania-insider.com (photo source: CFR)