Moldova rail firm gets diesel fuel from government to avert collapse
Moldova’s state-owned railway company can resume freight and passenger services after the government approved the release of 250 tonnes of diesel fuel.
Internal Affairs Minister Daniella Misail-Nichitin said the project was intended to support the company's operations and help it generate revenue. She added that the government would allocate 6,300,500 lei (£280,000) from its reserve fund to the Material Reserves Agency to cover the cost of the diesel and replenish state supplies.
According to the ministry, the fuel will help the company address key issues, including the suspension of some domestic services, maintenance problems with its train fleet, and overdue employee wages.
An explanatory note for the project stated that the latest fuel release, along with previous supplies, would allow the company to maintain its infrastructure and train fleet, ensuring the transport of goods and passengers. The note added that this would also help the firm generate revenue to pay its outstanding employee salaries.
In the spring, 750 tonnes of diesel were also released from state reserves to the railway firm. The fuel, used for freight, helped generate tens of millions of lei in revenue, which was then used to pay employees' outstanding wages.
Translation by Iurie Tataru
