Romanian Railway Co CFR Calatori To Hike Tariffs By 8% Starting September 20

The increase in railway transport tariffs was initially planned for September 15, but it was subsequently put off for a later date.

CFR Calatori last increased tariffs by 8.1% in September 2007.

Romanian state-run subway company Metrorex also raised tariffs by 8% starting September 18.

The Romanian Government promised the International Monetary Fund it would raise the tariffs of the ten largest loss-making state-run companies, including CFR Calatori, freight carrier CFR Marfa, electricity producer Termoelectrica and Metrorex.