CFR Calatori estimates losses of RON 367.68 mln in 2018

Newsroom 01/03/2018 | 16:05

CFR Calatori estimates losses of RON 367.68 million in 2018 and total revenues of RON2.08 billion, according to News.ro.

In the corrected budget plan for 2017, CFR Calatori estimated losses of RON 90.5 million for 2017 and total revenues of RON 2.15 billion.

Also the company has planed investments of RON 65 million for 2018 and total expenses of RON 2.45 billion.

The expenses with salaries increased by RON 835.5 million, due to the increase in the minimum gross salary for 2018, due to the increase in salary and/or the increase in the personnel in 2017 and the changes in legal framework regarding the mandatory social contributions.

CFR Calatory has approximately 13,000 employees. The average monthly income/employess based on the expenses with salaries is RON 5,272.

The company has unpaid claims of RON 185 million.

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