Moldovan Authorities Commit to Modernizing Railway Infrastructure

Moldovan Authorities Commit to Modernizing Railway Infrastructure

Business

The Ministry of Infrastructure and Regional Development (MIDR) has announced plans to transform and modernize Moldova's state railway enterprise, CFM. According to state secretary Mircea Pascaluta, a comprehensive strategy aligned with European practices has been developed to enhance infrastructure maintenance and passenger transport services, CE Report quotes MOLDPRES

“CFM is a strategic enterprise for Moldova,” Pascaluta stated. He highlighted recent actions, including a full audit to identify key issues and a reorganization process aimed at improving efficiency and transparency. While acknowledging the challenges, Pascaluta emphasized the necessity of these reforms to safeguard the enterprise’s future.

CFM confirmed ongoing efforts to modernize its operations, cut costs, increase revenues, and improve customer services. However, its immediate priority remains resolving salary debts totaling 156.8 million lei, owed to nearly 5,000 employees for August–December 2024. The company has warned that failure to address this issue could lead to employee protests in February.

The Public Property Agency (APP), CFM’s supervisory body, has urged the company to monetize unused assets and mitigate losses from theft and mismanagement. A special commission has been established to assess the enterprise’s situation and propose solutions.

Efforts are also underway to attract investments for infrastructure upgrades. Current projects funded by European partners include rehabilitating key railway lines and bridges to improve freight transit, increase train speeds, and enhance network safety and reliability.

Despite facing financial struggles exacerbated by the war in Ukraine, the government remains committed to modernizing CFM and restoring its role as a reliable partner for both passengers and the economy.

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