Romania To Sell Majority Stake In CFR Marfa By Mid-May

01.28.2013 By Florentina Dragu

Romania’s government has pledged to sell a majority stake in state-run freight rail company CFR Marfa by mid-May, with the deal to be complete once “all conditions in the sale-purchase agreement are satisfied,” according to the country’s latest letter of intent to an international loan program.

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Keywords:
GOVERNMENT
, CFR MARFA
, IMF