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Berceanu: Railway companies risk foreclosure from electricity suppliers

Publicat la 30.04.2009, 13:21:00

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Berceanu: Railway companies risk foreclosure from electricity suppliers
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The minister added that, unless drastic measures are taken in the coming two months, some railway companies could exit the market. Berceanu said that the slump in the railway system is generated partially by the significant share of personnel expenditures in company budgets.

The Minister of Transportation added that, at CFR S.A alone, the administrator of the railway infrastructure, personnel-related expenses make up more than 90 percent of total spending. (NewsIn)
 

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