The state-run enterprise “Moldova’s Railway” (CFM) sold a lot of scrap iron for 16 million lei. The money will go to clear the salary arrears of the enterprise, IPN reports.
CFM fist vice director for strategic planning Vitalie Mucan in a press briefing assured that the employees will be paid their salaries fully. The enterprise’s salary fund for a month is of 27 million lei. Currently, they are paying the salary for last November and will then pay the overdue salaries for last December. The enterprise works and transports freight and the money is used to pay salaries and to purchase diesel fuel.
Vitalie Mucan also said that the CFM is going through a restructuring process and the volume of freight is increased. Effort is made to resume international transport. The main problem is related to infrastructure. During the last ten years, investments in infrastructure hadn’t been made and millions of lei is now needed to restore it.
The contest to sell the scrap iron was held again as the company chosen as winner initially didn’t honor its contractual obligations.
