CFR Marfa estimates losses of RON 137.2 mln this year

Georgiana Bendre 27/10/2017 | 15:32

State-owned company of merchandise railway transport CFR Marfa, estimates losses of RON 137.2 million this year at a total revenue of RON 823.3 million, according to the draft budget for this year.

Moreover, the major shareholder, the Transports Ministry, aims to increase the value of expenses with salaries compared with the initial budget forecast, to pay the supplementary hours and meal tickets.

Thus the company estimates for this year total expenses of RON 960.6 million, out of which expenses with salaries are RON 256.7 million.

„Most of the expenses are with salaries, compared with the level of the last draft budget, for the amounts corresponding to the supplementary hours and expenses with meal tickets for the last two months,” says the draft in debate at the Transport Ministry.

According to the initial project approved by the Government in May, CFR Marfa had an expenses budget of RON 875.2 million, out of which the expenses with salary reached RON 245.9 million.

The expenses with investments are forecasted to RON 78 million for this year.

At the same time, are estimated unpaid debts of RON 360.1 million for the end of the year.

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