The European Bank for Reconstruction and Development (EBRD) has approved a €23 million loan for Moldova's state railway CFM. The loan will be used to optimise the two sections Chisinau – Kainari and Ocnita – Ungheni for transit transport from Ukraine. The freight is to be transported by rail instead of by road. The cost of the expansion is estimated at €71 million, of which the European Union will provide €20 million and the Moldovan government €28 million.
