Romania’s Metrorex plans €8.5M investment to launch new metro line
Published: Fri, 2015-02-20 14:13Romania’s metro operator Metrorex has unveiled plans to allocate some RON 38.5 million (€8.5 million) this year to launch the construction works on a new metro line, the M6, which is to extend the metro network between the capital’s train station Gara de Nord and the Henri Coanda Airport, located in the northern part of Bucharest.
Under the plan, the line is due to be completed by 2020 which is related to the country’s plans to co-host the UEFA European Championship by Bucharest, along with 12 other cities. The Union of European Football Associations (UEFA) has asked Romania’s government to launch the project within the set deadline, enabling the Romanian capital to host four football matches, reports local daily Gandul.
In 2015, Metrorex will have a budget of some RON 1.93 billion (€432 million) earmarked for a number of infrastructural investments. Last year, the company announced plans to upgrade Bucharest’s metro lines 2 and 4. The two investments are to be worth some €538 million, with construction works scheduled to be completed by 2018, local media reported.
The works will be carried out with the use of funds from the European Union. With the completion of the planned investments, Bucharest is to be fitted with seven metro lines.
Publicly-owned Metrorex was set up in 1975 and is headquartered in the Romanian capital. The firm operates a metro network fitted with a total length of 70 km and consisting of 51 stations. Metrorex has a workforce of about 4,200 employees. The network is adapted for a track gauge of 1,432 mm, and its first line was launched in 1979.
The city’s metropolitan area has a population of more than 2.2 million.