1. Railway PRO Investment Summit 11 – 13 October 2016 Bucuresti
Compania Naţională de Căi Ferate
National Railway Company
“CFR” S.A.
Railway PRO Investment Summit 11 – 13 October 2016
Bucuresti
Enhancing the competitiveness and quality of rail transport
Key points & Strategies
Railway Pro Forum, Buzău, October 11th, 2016

2. Change of External Legal Framework
Adhesion to European Strategic Goals
WHITE PAPER
Roadmap to a Single European Transport Area –
Towards a competitive and resource efficient transport system
EUROPEAN COMMISSION
Brussels,
COM(2011) 144 final
30% of road freight over 300 km should shift to other modes such as rail or
waterborne transport by 2030, and more than 50% by 2050 …
By 2050 the majority of medium-distance passenger transport should go by rail.
DIRECTIVE 2012 / 34 / UE
Establishing a single European railway area
The EUROPEAN PARLIAMENT &
the COUNCIL OF THE EUROPEAN UNION
Brussels,
Development of the union railways
Licensing of railway undertakings
Levying of charges for the use of railway infrastructure and
alocation of railway infrastructure capacity
Regulatory body 2

3. Main effects : A new philosophy of development and funding for rail infrastructure is generated
by Directive 2012/34 / EU
2011
2012
2013
2014
2015
2016
Document approval
COM(2011) 144 final
White Paper
Directive 2012/34/UE
Limit terms for
Transposition of
in national legislation
Parliament approval
2030
2050
2015
250%
Consequences
on Romanian
Railways
300%
Freight Rail Transport
Passenger Rail Transport
Development funds
Infrastructure maintenance
Traffic management
Operations for company
Current maintenance
Operating costs
Infrastructure renewal
Development,
modernization
Investment costs
TUI revenues
National Funds for maintenance
Public Funds
Non-TUI revenues
Other revenues
CFR revenues
National funds for current repairs
National funds for
Infrastructure renwwal
EU Funds
National Funds
Current repairs
Actual
situation
Directive
2012/34/UE
Necessary
costs
Effective costs
CFR revenues
Public funds
alocated
It applies to all categories of costs
Applicable for the costs of maintenance, repair and renewal
Infrastructure Cost – Revenue Chart 3

4. Strategy overview for the railway sector - GMPT August 2016
Change of Internal Legal Framework
Strategy overview for the railway sector - GMPT August 2016
Increasing of the rail transport attractiveness
Mission
Improvement of the travel conditions by modernizing and developing the national rail network services
Objectives
TEN-T railway network modernization
TEN-T network railway electrification
Implementation of rail services, routes with increased speed, quick-wins and acquisition of new rolling stock
Economic railway modernization
Touristic railway modernization
Strategies 4

5. Financing Needs 2015-2030 Objective Estimated costs [M €] TOTAL
TOTAL
Infrastructure current maintenance
Recovery of current repair backlogs
275.0
100.0
375.0
Recovery of renewal backlogs
Subtotal Maintenance and Renewal
Rehabilitation the Rhine – Danube Corridor the Northern Branch
Rehabilitation the Rhine – Danube Corridor the Southern Branch
836.0
Rehabilitation/modernization the Orient/East-Med Corridor
182.4
Rehabilitation/modernization the Core TEN-T network
Rehabilitation/modernization the Comprehensive TEN-T network
Subtotal Rehabilitation/Modernization
Source: CFR SA & Romanian General Master Plan of Transport
All this money invested in rail infrastructure are returning back to sustain the real economy throughout salary, payment of national resources, taxes and others services

6. CFR First Objectives A
Integration of the Romanian Rail System in the Single European Transport Area
page 6

7. Modernization / upgrading of conventional railway lines;
CFR main programs of modernization and development of railway infrastructure
Modernization / upgrading of conventional railway lines;
Electrification;
Renewal of existing lines, including reconstruction for increased speed, hourly cadence and rail services;
Rehabilitation of bridges and tunnels;
Modernization of railway stations;
Improve traffic safety;
Cross-border railway lines;
Rehabilitation of railway lines with touristic importance.
page 7

8. CFR Project Status of Corridor Rehabilitation

9. Project Evolution No. Section / Subsection Value Works (Euro) Status
Source of financing /
Programme
Expected
Completion date 1
HU-RO Border - Curtici - Km 614
242,352,876
completed
SOP-T 2
Km Gurasada - Simeria
1,852,523,381
tender procedure - evaluation
POIM 3
Simeria – Coslariu
464,246,059
in execution
75%/55% 4
Coslariu - Sighisoara
97 %/ 70 %/70 % 5
Sighisoara–Brasov
1,443,650,448
tender procedure
CEF 6
Brasov - Predeal
418,000,000
In preparation - revising FS
POIM / CEF
2018 7
Predeal - Campina
290,173,369
ISPA
2012 8
Campina – Ploiesti - Bucuresti
271,
EIB
June 2004 9
Bucuresti - Constanta
607,398,296
ISPA/JBIC
2011 10
Arad-Timisoara - Caransebes
495,000,000
FS on going
State budget 11
Caransebes - Craiova
748,000,000
FS tender procedure 12
Craiova - Calafat
566,000,000 13
Craiova - Bucuresti
67.980,000
In preparation - FS
2019 14
Cluj – Episcopia Bihor
477,400,000 15
Bucuresti - Giurgiu Nord
198,240,000
page 9

10. Objectives Achieved in 2016
Reabilitation of railway line Border-Curtici-Arad-km.614;
Operational project pilot for ETCS/ERTMS level 2 application;
Modernizaton of Pitesti and Ramnicu Valcea railway station;
Rehabilitation of bridges, culverts and tunnels - SRCF Constanta.

11. Safety Projects 2017-2018 Bridges & Tunnels: Safety projects:
First stage: 98 objectives in execution;
Second stage: 173 objectives in preparation / tender procedures
Safety projects:
150 level crossing in preparation,
28 overheat detectors in execution,
2 railway section with upgradin signalling works in execution
migration to electronic interlocking and ETCS – GSM-R system

12. 35 railway station finalised 47 railway station in preparation
Modernization Projects for Railway Station
35 railway station finalised
Botosani
Zalau
Braila
Resita Sud
Giurgiu
47 railway station in preparation

13. CFR Second Objective
Increasing rail transport competitiveness on the domestic market B .
Intermodal streams:
Focusing on individual road transport
Focusing on shift to rail of freight road transport

14. The Platform of Projects for EFSI, PPP, IFI
CFR Challenging Projects
The Platform of Projects for EFSI, PPP, IFI
Railway
Investment package for connecting Bucharest with the largest industrial centres in the South of Romania
The modernization of the railway lines situated on Orient East-Mediterranean Corridor
The modernization and electrification of the railway line Constanta-Mangalia
Intermodal terminals
Craiova (Ford)
Pitesti (Renault) .

15. EFSI Projects
1. “Investment package for connecting Bucharest with the largest industrial centres in the South of Romania “
Nr. crt.
Project Km
Estimated value for works (mil. €) 1
Modernization of the railway line BUCHAREST - PITESTI
117
249 2
Modernization of the railway line BUCHAREST – CRAIOVA
209
836 3
The upgrading of the railway line BUCUREŞTI NORD – JILAVA - GIURGIU NORD - BORDER WITH BULGARIA
99.98
198 4
Upgrading and construction of the railway line BUCUREŞTI NORD – HENRY COANDA BUCURESTI INTERNATIONAL AIRPORT
19.36 97 5
Modernization of the railway ring of BUCHAREST for passenger and freight transport in the metropolitan area
83.07 6
Modernization of the BUCHAREST RAILWAY COMPLEX (urbanization and development of Gara de Nord railway station area)
20 ha
785
2. “The modernization of the railway lines situated on Orient East-Mediterranean Corridor, Romania“ Nr
Investment projects Km
Estimated value for works (mil. €) 1
Modernization of the railway line ARAD – TIMIŞOARA - CARANSEBEŞ
155
429 2
Modernization of the railway line CARANSEBES - DROBETA TURNU SEVERIN – CRAIOVA
227
920 3
Modernization of the railway line CRAIOVA - CALAFAT
108
182 .
3. “ The modernization and electrification of the railway line Constanta-Mangalia, Romania “
Construction and assembly works
130 mil. €

16. Final Impact of Rail Investments

17. Marius Chiper – Director General CFR S.A.
Compania Naţională de Căi Ferate
National Railway Company
“CFR” S.A.
Thank you !
Marius Chiper – Director General CFR S.A.