Government OKs Conversion Of CFR’s Debts Into Shares

04.03.2012 By Ioana Tudor

The Romanian Government approved Tuesday an emergency ordinance whereby the debts of railway administrator CFR SA, amounting to 3.99 billion lei (about EUR917 million) at the end of last year, will be converted into shares.

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Keywords:: CFR SA; , DEBTS; , SHARE

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