Romania Puts Off CFR Marfa Privatization After CSAT Rejected Sale Strategy

10.03.2012 By Manuela Panescu

The privatization process of railway freight carrier CFR Marfa was suspended and could not be completed by yearend because the company’s sale strategy has not been approved by the Supreme Defense Council CSAT, Horatiu Buzatu, deputy secretary general of the Transport Ministry said Wednesday.

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Keywords:
CFR MARFA
, PRIVATIZATION
,