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Finance Ministry takes foreign loans for subway and flight companies

Vineri, 29 iunie 2007, 0:00

The Economy and Finance Ministry will contract this year foreign credits for the partial of full financing of some priority projects in the Transport Ministry portfolio. The loans, one of 90 million dollars and one of 17,483,121,28 euros, to be directed towards the National flight operator Tarom and the Bucharest subway network, operated by Metrorex.

The money for Tarom will serve to buy four AIRBUS A 318 planes and to finance the advance payments of Tarom.

The 17,483,121.28 euros loan will ensure the maintenance contracts of Metrorex.

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