CFR secures funding for Caransebeş–Timişoara–Arad railway modernisation, Romania August 24, 2022 | Europe Finance, Europe News, Finance, News Căile Ferate Române (CFR) and the Ministry of Transport have signed a EUR1.77 billion financing agreement for the modernisation of the 162-km Caransebeş–Timişoara–Arad railway line. The Recovery and R... This content is available to only subscribers. Username or E-mail Password Remember Me Forgot Password