CNADNR took the "bulk" of state subsidies in 2010: 1.6bn euros - financiare.ro
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News » January, 2011 » 23 January 2011

CNADNR took the "bulk" of state subsidies in 2010: 1.6bn euros
23.01.2011, 23:50 | Transportation | 881 views



Romania's National Highway and National Roads Company (CNADNR) last year received the highest subsidies from the state, almost 1.6bn euros, being thus the institution that got the largest sum given that where its own funds accounted for just 13% (222m euros) of total sources it had.

The Transport and Infrastructure Ministry (MTI) adjusted the revenues and expenses budget for 2010, boosting CNADNR expenditures by 9% from the previous adjustment, from 1.79bn RON (426m euros) to 1.95bn RON (464m euros).

Read more on ZF.ro




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