The founding of CNCF "CFR" SA

The reason of SNCFR dissolution in five different companies was establishing the railway system in Romania on commercial bases.

This implies an efficient administration of incomes and costs, both in administration of the infrastructure and commercial work of train.
These aspects became actual in all European railway systems that have to confront the competition with other transport systems. The reform in Romania has clarified the role of state in the financial support of the investments in public infrastructure in the property of railway and in the subvention of passenger transport.

National Railway Company "CFR"-S.A. was established in October 1st, 1998,on the basis of Govern Decision No 581/1998, through the reorganization of National Company of Railways. C.F.R. represents Romanian juridical identity and has the status of commercial joint-stock company.

The initial social capital of CFR is about 1.287.991.383 lei and is represented through taking over of one part of the patrimony of National Railway Company, on the basis of the balance of verification and the situation of patrimony, dated on June 30th, 1998. The initial social capital is signed and integrally paid by the Romanian State, as the only shareholder that applies its rights and obligations through Ministry of Transport.

The aim of C.F.R. is the achieving of benefit, through the administration of the railway infrastructure, on commercial bases, and offering to the railway operators the possibility to work on the bases of access contract. Then it is related with the progress of other specific activities necessary to achieve its objects of activity.

C.F.R operates activities of national public interest in order to realize the public railway transport and to satisfy the demands of national security. Its object of activity is in principal:

• administration of railway infrastructure and putting it in service of the operators, in authorized terms;

• development and modernization of Romanian railway infrastructure in concordance with European standards, in order to assure the compatibility and interoperability with European Railway system;

• the management, organization, planning, coordination and control of the activities of exploitation, maintenance and repairing of railway infrastructure;

• commercial exploitation of the auxiliary railway patrimony.

The new connection between C.F.R. SA and the other companies are those between merchant and client. Thus, C.F.R SA is based on the achieving the contractual obligation and the honesty with the partners...

The main merchandise we sell is the traffic capacity of the railway network. Our clients are the two railway operators: CFR passenger and CFR Freight. These two operators pay the cost for the access on the infrastructure. Our company has as a single task the maintenance of the railway infrastructure at normal parameters so that the railway operators to be able to use as much as necessary. This implies the maintenance of the tracks, installations of signaling, action at a distance, automation. A team of professionals in all the railway areas organizes the management of the circulation. CFR SA has its telecommunication network that is now renewed at the highest levels. The computer network is one of the firsts and largest in the country dated in '70s. CFR SA has also hotels' network large enough and intends to promote the railway tourist through trips with ancient trains.

We have good connection with the other companies (separated from the old company). We consider that when we became from college partners, each company must develop the own plans of affair and interests even if they are nor always the same.

We wish CFR SA to satisfy all the contractual obligations and especially to be honest with our partners. National Railway Company "CFR" SA is formed on different levels like as: management of the company, central management of synthesis, regional level and fundamental sub-units.

CFR-SA has in administration the public railway infrastructure. The administration is based on the concession contract with the Romanian State. CFR- S.A. controls in private property elements of railway infrastructure, other than those that constitute the public railway infrastructure, buildings, areas, units of production.

 Home | TimeTable | Freight | Passengers | Information Technology | Railway Journal  | Environment agreements | Foreign financed projects |