CFR has debts worth RON 720 million (€200 mln) to the Electrica electricity distributor, including RON 570 mln (€160 mln) in debts and RON 150 mln (€41 mln) in penalties. The auction will take place in December, that for the land in Militari with a starting price exceeding €1,000/square meter, and the land in
Constantin Manea, CFR's General Manager, said recently that he is considering changing the electricity supplier, after paying off its debt to Electrica, and is looking for a company with tariffs 10-15 percent lower.
