Romanian railway company CFR earmarks €107mn to link central station to airport ahead of Euro 2020

Romanian railway company CFR earmarks €107mn to link central station to airport ahead of Euro 2020
Bucharest's Gara de Nord / Pudelek (Marcin Szala)
By bne IntelliNews December 5, 2018

Romania’s public railway infrastructure company CFR SA has launched an auction to pick the contractor for the design and construction of a railway link between the airport and the central train station, according to G4Media.

The request was published on the electronic auctioning system SEAP and is estimated at a value of nearly RON500mn (€115mn). The link must be commissioned within 14 months, since it must be operational during the UEFA Euro 2020 final tournament. Romania was assigned four games of the 2020 finals back in 2014. 

The link is needed for more general purposes as well, since the traffic at Bucharest airport is rising and its expansion is among the government's priority projects. Passenger numbers at the airport have soared in recent years, as Romania’s economy has expanded and more budget airlines have started serving the airport, with carriers such as easyJet, Ryanair and WizzAir competing with national flag carrier Tarom and low cost Blue Air.

The winning bidder must demonstrate its capacity to comple the project before the given deadline, CFR specified. The price was given a modest 40% weight in the overall evaluation of the bids, while the proven technological capacity is more important (60%).

In the past, two alternatives have been considered for connecting the airport with downtown Bucharest and the central train station, metro and railway. The railway link would be much less expensive and in principle take less time to complete, yet it being commissioned in due time remains problematic.

Related Articles

Moldova’s largest lender maib puts Bucharest exchange listing on hold

The largest bank in Moldova, Moldova Agroind Bank (main), announced it is postponing its plan to list on the Bucharest Stock Exchange (BVB) because certain provisions in Moldovan legislation make the ... more

Romania’s leading financial group Banca Transilvania reportedly takes over BRD Pensii

Banca Transilvania, the leading financial group in Romania by assets, has reportedly reached the stage of agreeing technical and legal details for the takeover of BRD Pensii division from BRD-SocGen, ... more

Romania’s leading lender Banca Transilvania takes over OTP Bank’s subsidiary

Romania’s largest financial group by assets, Banca Transilvania (BVB: TLV), announced that it had signed a contract ... more

Dismiss