The general mayor of the Capital, Ciprian Ciucu, announced the intention to order an audit at the Bucharest Transport Company (STB) to clarify the costs and the functioning of the company, in the context of large debts and budgetary pressures on the City Hall. Ciucu emphasized that if an agreement with STB is not reached, insolvency will be an option. Additionally, the mayor mentioned that a competition for the Board of Directors of STB is underway and that the operating cost of public transport has increased significantly.
This year, out of the 317 million lei allocated to PMB, the majority has been directed towards STB, and the accumulated debts amount to 700 million lei for STB, 590 million lei for Termoenergetica, and 21 million lei for public transport in Ilfov. Ciucu will propose a reform package in March, but warned that these will not cover the existing debts.
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