Romanian CFR Calatori Eyes 15% Hike In Train Ticket Prices In Summer - Sources

Romanian state-run passenger rail company CFR Calatori is likely to increase train ticket prices by 15% this summer, considering it last increased prices by 8.1% in 2007, sources in the Transport Ministry said Thursday.

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The sources said CFR Calatori set off proceedings to get green light from the country's competition watchdog, and the ministries of Finance and Transports, for a law-regulated increase in train ticket prices, driven by higher prices on the market and higher inflation.

They also said that if the company gets green light, ticket prices will be increased in summer.

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