The Government is initiating the reorganization of the State Enterprise Calea Ferată din Moldova and creating the Joint‑Stock Company Calea Ferată din Moldova – Passengers and Freight, fully owned by the state. The measure is part of the railway sector reform and provides for the separation of infrastructure management from transport operations. The reorganization is carried out in accordance with the Railway Transport Code and the commitments assumed by the Republic of Moldova with development partners, TRIBUNA reports.

The Public Property Agency will act as the sole shareholder of the new company and will coordinate the reorganization process. It will approve the distribution balance sheet and the asset‑transfer documents to ensure the protection of the public interest and state assets.

The transfer of rights and obligations to JSC “CFM Passengers and Freight” will be based exclusively on the legally approved distribution balance sheet. The new company will take over only the assets and obligations directly related to passenger and freight transport, within the limits of the transferred patrimony. Railway infrastructure will remain under the management of the State Enterprise Calea Ferată din Moldova as a public asset.

Debts will be allocated proportionally, depending on the activities and assets transferred. Obligations related to re‑lending contracts and external financing will be reflected separately in the balance sheet, in compliance with legislation and with the consent of creditors. This approach prevents unjustified debt transfers and allows investment projects to continue.

The separation of activities enables clear accounting of costs and revenues in railway transport. The state can more accurately assess economic performance, reduce pressure on the public budget, and create conditions for investment in services.

For citizens, transport services become more predictable. Public resources can be directed more efficiently toward socially important passenger transport. Separate management allows improvements in service quality, travel times, and reliability. In the medium term, costs can be managed more efficiently, helping stabilize tariffs.

The Agency emphasizes that the reorganization does not mean privatization. The state remains the owner of the railway infrastructure — tracks, stations, land, and installations — managed by the State Enterprise Calea Ferată din Moldova. The Joint‑Stock Company will manage rolling stock and passenger and freight transport operations. Clear separation of roles ensures transparent identification of infrastructure costs versus transport‑related costs.