English
The National Railway Company (CFR) is in a very critical situation that will become even worse in the absence of a massive capital injection, said Transportation Ministry Secretary of State Barna Tanczos. He added that the railway system had been underfinanced for years, the infrastructure was in a precarious state and the company had great debts.
"CFR is having a crisis. Without an important capital injection, the problems will aggravate and the company may lose its customers," he said, adding he feared that resources to tow CFR out of dire straits would be hard to find. The lack of investments had led to decay in the railway infrastructure, which subsequently led to numerous speed limit sections, which was unnatural for a European country, he said.
"In Europe, railway transportation is safe, fast and environmentally friendly. We will have to invest a great deal of money to bring ours to that level," Tanczos said.
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