The company that manages the approximately 300 public transport waiting stations in the capital announced that it had overcome insolvency, entered in 2010. Thus, the company resumed its commitment to maintain the waiting stations, fitted out 12 years ago, in exchange of advertising billboards. The subject was discussed at a meeting of the economic agent with the acting mayor, Adrian Talmaci, IPN reports.
A City Hall press release mentions that the rehabilitation of the pavilions of public transport stations started in April this year. It was envisaged to repair 10 stations per month. So far, 42 stations on the main streets of the city have been renovated.
The press release also states that, starting 2007, "Epamedia" Ltd has invested 2.5 million euros in the refurbishment of 302 public transport waiting stations in the capital, based on a public-private partnership with the Chisinau City Hall.
According to a study presented by IPRE in July 2019, over 60% of public transport waiting stations need to be repaired, while the current public-private partnership contract does not adequately meet the needs of public transport users.
In 2007, the Chisinau City Hall concluded a public-private partnership contract with "Epamedia" Ltd, which entered insolvency in 2010. The partnership provided for the construction and refurbishment of 300 public transport waiting stations, giving media company the exclusive right to place advertisements for a period of 10 years. The contract also provided for an automatic extension for five years if neither party expressed its intention to terminate it in the last year. In January 2017, in the absence of a contract cancellation notification, it was automatically extended until 2022.