Results 1 - 25 from 139 for "cfr marfa"
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Railway Freight Carrier CFR Marfa Deeper into the Red in 2020
08.19.2021
State-owned railway freight carrier CFR Marfa posted RON335 million loss in 2020, its 13th year in the red in a row, during which it accumulated more than RON3 billion losses, publicly available data more
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CFR Marfa Set to Lay Off 1,400 People in 2021
04.16.2021
Romania's state-owned railway fright company CFR Marfa plans to cut staff numbers by 1,400 this year from over 5,300 at the end of 2019. more
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Romania Outgoing PM: CFR Marfa Must Resort To Asset Sales To Pay Back EUR570M State Aid
02.24.2020
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European Commission Orders Romania To Recover EUR570M Incompatible State Aid From CFR Marfa
02.24.2020
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CFR Marfa To Undergo Restructuring, Sell Unprofitable Assets
02.24.2020
Romania's state-owned railway fright company CFR Marfa, which has debts of RON1.3 billion, is set to implement a restructuring program to streamline operations and sell unproductive assets under the more
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EC Opens In-Depth Investigation Aid for Romanian Rail Freight Operator CFR Marfa
12.18.2017
The European Commission has opened an in-depth investigation to assess whether debt write-offs by the Romanian state in favor of rail freight operator CFR Marfa, and the failure to collect debts from more
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CFR Marfa Switches From Profit To RON137M Loss
10.27.2017
Romanian state-owned railway freight carrier CFR Marfa expects loss of RON137 million in its revised budget of revenue and expenditure for 2017, compared with the initially forecast profit of more
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Competition Council Head: CFR Marfa At Risk Of Bankruptcy
01.19.2017
Romania’s Competition Council head Bogdan Chiritoiu on Thursday said state-owned railway freight carrier CFR Marfa is in dire straits and at risk of bankruptcy if the European Commission deems its more
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Mihut Craciun Named CFR Marfa Private Manager
04.18.2016
Romanian state-owned railway freight carrier CFR Marfa appointed Mihut Craciun as private CEO of the company, CFR Marfa said in a statement on Monday. more
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Costescu: CFR Marfa Unattractive For Sale, To Be Restructured Again
12.18.2015
Romanian state-owned railway freight carrier CFR Marfa will have to be restructured again as it continues to register losses, so that it is unattractive for potential buyers, although authorities more
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CFR Marfa Won Bid For Coal Transport To Complexul Energetic Hunedoara
08.12.2015
Romanian state-owned railway freight carrier CFR Marfa on Wednesday said it won the auction allowing it to keep transporting coal to Complexul Energetic Hunedoara (CEH) in the next two years, namely, more
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CFR Marfa Revenue Down 17% In 1H
08.12.2015
Romanian state-owned railway freight carrier CFR Marfa posted 363.6 million lei (EUR82 million) revenue in the first semester, down 17% from the same period in 2014 and 8% below the company’s more
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CFR Marfa Won Bid For Coal Transport To CE Oltenia
07.28.2015
Romanian state-owned railway freight carrier CFR Marfa won the bid to transport coal to one of its biggest clients, energy producer CE Oltenia, so that it will continue to transport approximately 18 more
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Romania To Spend EUR1.2M On Consultation And Evaluation Services For CFR Marfa Privatization
07.22.2015
Romania will spend EUR1.2 million this year on consultancy and evaluation services in view of privatizing railway freight carrier CFR Marfa, according to the Transport Ministry's privatization more
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Romania May List 51% Of CFR Marfa Shares, Ministry Official Says
06.18.2015
Romania’s Transport Ministry wants to change the privatization strategy of state-owned railway freight carrier CFR Marfa and plans to sell a 51% stake on the stock market, according to state more
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CFR Marfa 1Q Turnover Down 14% To RON182M
06.14.2015
Romanian state-owned railway freight carrier CFR Marfa saw a 14% decline in turnover in the first three months of 2015, to RON182 million (EUR41 million), from RON213 million in the same period in more
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CFR Marfa To Transport Over 1 Million Tons Of Salt For Salrom
03.12.2015
Romanian state-owned railway freight carrier CFR Marfa signed a three-year partnership with state-owned salt company Salrom for the transport of 300,000-400,000 tons of salt a year between Romania and more
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CFR Marfa Privatization To Be Completed In 2016, Transport Minister Says
03.10.2015
Romania’s Transport Minister Ioan Rus on Tuesday said the privatization process of state-owned railway freight carrier CFR Marfa will be completed in 2016, as agreed with the International Monetary more
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CFR Marfa General Manager Resigns
02.13.2015
The general manager of Romania's state owned railway freight carrier CFR Marfa, George Buruiana, resigned Thursday from the position he has held since June 2014, the company said in a statement more
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Romania To Resume CFR Marfa Privatization Plans
02.09.2015
Romania's Transport Ministry will select a consultant to resume the privatization process of state-owned railway freight carrier CFR Marfa, Prime Minister Victor Ponta announced Monday. more
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CFR Marfa Revenue Seen At RON877.1M In 2015
01.28.2015
Romanian state-owned railway freight carrier CFR Marfa targets revenue worth 877.1 million lei (EUR197.1 million) in 2015, down 21.5% from the level forecasted for 2014, and a gross profit of RON3 more
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CFR Marfa’s Turnover Rises 3% To RON681M, Loss Narrows 87% In First 9 Months
11.03.2014
Romanian state-owned railway freight carrier CFR Marfa reported a turnover of RON681.3 million in January-September 2014, up 3% on the year, while its loss narrowed 87% to RON17.7 million, from more
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CFR Marfa Laid Off Nearly 2,300 Employees Out Of Planned 2,500
10.28.2014
Romanian state-owned railway freight carrier has so far laid off 2,296 employees, out of a planned total of 2,500. more
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CFR Marfa 2014 Revised Budget Keeps Revenue At RON1.117B, Cuts Pretax Profit By Some RON60M
10.20.2014
The revised budget of revenue and expenses for 2014 of Romanian freight railway carrier CFR Marfa envisages revenue of RON1.117 billion and expenses of RON1.093 billion, higher by RON58 million, due more
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CFR Marfa Turnover Up 8.4% In 1H, To RON437.2M
08.06.2014
Romanian state-owned freight railway carrier CFR Marfa has increased its turnover by 8.4% in the first half of the year, to RON437.2 million, and the volume of freight carried rose 13%, to 13.6 more