State Enterprise “Railway of Moldova” (Calea Ferată din Moldova) will receive a loan from the European Bank for Reconstruction and Development (EBRD) in the amount of $ 27.18 million to modernize the infrastructure.

Moldovan Railway modernizes

It is reported by the railway magazine Railway Supply.

Previously, the railway operator received a combined financial package of $ 127,220,000 (€ 110 million) from the EBRD, the European Investment Bank (EIB) and the EU, which was agreed in 2014 and granted in 2017.

This financial package was used to purchase new rolling stock, upgrade railway infrastructure and support the transformation of Calea Ferată din Moldova. To continue renewing the infrastructure, the Moldovan government has entered into a new agreement with the EBRD.

Calea Ferată din Moldova has prepared a feasibility study for the restoration of infrastructure and will soon begin work on the Bender-Causeni-Basarabeasca-Etulia-Giurgiulesti railway section. Infrastructure and Regional Development Minister Andriy Spinu said: “This is the most important railway section in the country, as it provides transit of goods with Romania and Ukraine.”

In addition, the State Enterprise “Railway of Moldova” plans to announce a tender for the energy management information system (EMIS). It is expected to provide more efficient and cost-effective energy planning and monitoring.

Railway news you may have missed:

The office of the Ukrainian representative office of LTG Cargo was opened in Kyiv

Find the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.