State Enterprise "Railways of Moldova" (CFM) plans to invest 475 million euros in the renovation of its rolling stock.
Oleg Tofilat, Director General of the state enterprise announced this while speaking at the event "Railroad Club 2023" held in Bucharest as part of the "Railway Days 2023" in the Romanian capital. The head of CFM said that the mentioned investments will be used to purchase more than 4,000 freight wagons and 25-30 shunting locomotives. He said these efforts are aimed at meeting the increased demand for transportation and improving the railway transport. While speaking as a speaker at the forum's panel discussion on "Long-Distance Railway Transportation" Oleg Tofilat spoke about the challenges faced by CFM and the company's vision for development. He emphasized the need for an operational unbundling process based on the European model in order to improve the railway infrastructure and services in Moldova. The General Director of CFM said that the unbundling process entails considerable financial difficulties, but is considered necessary to adjust the railway infrastructure and the rolling stock to the European standards. Referring to the international cooperation, Oleg Tofilat emphasized the need for external assistance in the reform process and expressed interest in cooperating with partners from Romania, who have already experienced similar processes of operational unbundling. In conclusion, the General Director of CFM emphasized the importance of train travel, mentioning his own positive experience of traveling on the Friendship train, which took him from Chisinau to Bucharest. He also emphasized plans to create a high-speed railroad with European gauge connecting Bucharest to Chisinau to reduce travel time. // 24.10.2023 - InfoMarket.
