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Penalties owed by Alstom for late train deliveries top EUR 40 mln, Romanian minister says

June 5, 2024

The French rolling stock manufacturer Alstom currently owes penalties of RON 90 million (EUR 18 million) for delays in the delivery of trains contracted by the Railway Reform Authority (ARF) and around EUR 22-23 million for the subway trains that were supposed to run on 5th Line of the Bucharest subway.

The updated value of the penalties owed by Alstom was provided by transport minister Sorin Grindeanu, who went to the central station in Bucharest to see five wagons and...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/alstom-late-train-deliveries-romania-june-2024
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