# Moldovan railway sector financial and structural reform > Developing situation record from CLSTR: https://clstr.news/situations/moldovan-railway-sector-financial-and-structural-reform > Updated: 2026-10-30T05:29:50.000Z. Sources: 13. Developments: 2. Calea Ferată din Moldova (CFM) reported a profit of 22.7 million lei for the first nine months of 2026, marking a recovery from previous years of heavy deficits. Vice Premier and Minister of Infrastructure and Regional Development, Vladimir Bolea, credited this turnaround to the resumption of grain exports and the operationalization of the Fălciu – Cantemir border crossing, which generated over 30 million lei in revenue. Following this financial recovery, the Moldovan railway sector is undergoing a major reorganization. A law adopted on October 8, 2026, mandates the split of the state enterprise into two separate joint-stock companies by the end of the year: SA CFM-Infra, responsible for infrastructure management, and SA Calea Ferată din Moldova – Pasageri și Marfă, which will manage passenger and freight services. These reforms aim to improve management efficiency, ensure predictable tariffs, and facilitate access for private operators. The sector has seen growth potential, with freight volume increasing by 23% during the first half of 2026. ## Timeline ### 2026-10-30: Moldova railway sector to undergo reorganization into two companies Moldova will reorganize its railway sector by late 2026, splitting Calea Ferată din Moldova into two separate companies for infrastructure management and transport services. 9 sources. https://clstr.news/cluster/corunca-local-council-discusses-infrastructure-and-waste-management ### 2026-10-21: Calea Ferată din Moldova reports 22.7 million lei profit Calea Ferată din Moldova achieved a 22.7 million lei profit in the first nine months of the year, driven by grain exports and the reopening of the Fălciu – Cantemir border crossing. 6 sources. https://clstr.news/cluster/calea-ferat-din-moldova-reports-227-million-lei-profit --- Cite as: Moldovan railway sector financial and structural reform. CLSTR, https://clstr.news/situations/moldovan-railway-sector-financial-and-structural-reform