The former head of the Moldovan railway was detained by Interpol
Yuri Topale is on the international wanted list, he is accused of embezzling about $14 million.
Yuri Topale is on the international wanted list, he is accused of embezzling about $14 million.
The Moldovan railway operator has announced an open auction for the sale of more than 470 tons of scrap metal in the amount of about 3 million lei (4.6 million UAH).
On December 3, the deputies of the Moldovan parliament approved in the first reading the draft of the ratification of the amendment to the Credit Agreement with the EBRD, which provides for equipping Moldovan Railways with new locomotives.
The EU advises Moldova to re-equip its rolling stock in order to connect the railway lines with Romania and Ukraine at the same time.
For the first time since 2019 in the third quarter of 2021 the State Enterprise "Railway of Moldova" (Calea Ferată din Moldova) made a profit of 32.8 million lei (almost 50 million UAH).
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.
The management of the State Enterprise "Railway of Moldova" is interested in studying the Belarusian experience of modernization and functioning of the railway industry, as well as in attracting Belarusian investments.
In October, it is expected to sign an agreement on a loan from the European Bank for Reconstruction and Development for the restructuring of the railway infrastructure of Moldova.
Railway infrastructure will be owned by the state, and traction, passenger and freight services can be provided to private operators.
According to the Moldovan Deputy Prime Minister for Infrastructure, the new code will serve as a legal basis for the start of reforms in the industry.
State Enterprise "Railway of Moldova" (Calea Ferată din Moldova) plans to sell about 100 locomotives that have not been in operation for more than 25 years.
A new General Director of Moldavian Railway (CFM) has been appointed. On June 1, 2021, the General Director of the Public Property Agency, Mr. Gennady Shepordei, introduced Mr. Oleg Tofilat as the CEO of CFM, selected on the basis of a competition.