The revenues of Moldova’s Railways decreased by 35% as a result of the difficult situation in Ukraine, which led to lower exports, the company’s director Iurie Topala said in a news conference, quoted by IPN.
Iurie Topala said Moldova’s Railways monthly spends about 60 million lei, but the revenues amount to 50-55 million lei. This month the company is five days overdue in paying salaries, while the debts to employees accumulated in the previous periods rise to 80 million lei. “The costs and salaries remained constant, while the revenues declined,” he stated, assuring that the debts to employees will be gradually cleared.
Iurie Topala also said that he had meetings with officials from Germany and Russia and it is planned that exports through the railroads of Moldova will be increased from next month.