





Railroad companies to lay off 4,000
"The nine companies generate costs and their only beneficiaries", said Constantin Axinte. According to the official, all nine companies separated from mother-companies, without any patrimony. Each of the nine generates costs between 2 and 4 million RON per month. "The mother-companies, which are majority stockholders, buy the equipment for the nine companies, pay their salaries and expenses, even the fuel necessary to function", said Axinia, who estimated that the re-structuring will take some 3 months.