07.15.2014

Romanian energy holding CE Hunedoara confirmed Tuesday that state-owned freight railway carrier CFR Marfa has been awarded a RON44.6 million (EUR10 million) coal transport contract, net of VAT. more

07.11.2014

Romanian state-owned railway freight carrier CFR Marfa plans to provide various services to third parties such as overhauls and rentals of railway assets and spaces, the company announced Friday. more

07.09.2014

Romanian state-owned freight railway carrier CFR Marfa was designated the winning bidder in an auction held by energy holding CE Hunedoara for coal transport, with a RON44 million (EUR10 million) bid, more

07.08.2014

Romanian railway freight carrier CFR Marfa started layoffs this week and 2,500 people will be leaving the company by the end of July, commercial manager Ion Soare said Tuesday. more

06.12.2014

Romanian Transport Minister Dan Sova said Thursday that freight railway carrier CFR Marfa will set off the layoff process of over 2,000 employees next week, due to the company’s unfavorable more

06.05.2014

Romania’s Transport Ministry has replaced the members of the Executive Board of state-run railway freight carrier CFR Marfa, company officials told MEDIAFAX Thursday. more

05.23.2014

State-run rail freight carrier CFR Marfa and an association including rivals Grup Feroviar Roman, or GFR, have been selected in the final round of an auction to win a three-year contract to transport more

05.14.2014

Only one month from his appointment as general manager of freight rail carrier CFR Marfa, Dan Valentin Belcea, the second private sector manager of the state-owned company announced his resignation by more

05.13.2014

The general manager of Romanian state-owned railway freight carrier CFR Marfa, Dan Valentin Belcea, appointed in April, resigned this position Tuesday, citing personal reasons. more

04.18.2014

Romanian freight railway carrier CFR Marfa said Friday it won the auction organized by thermal energy producer and supplier CET Govora for the transport of 2.4 million tons of coal, in a 1-year more

04.11.2014

Romanian freight railway carrier CFR Marfa named a new general manager, Dan Valentin Belcea, who is former manager of advertising company Graffiti/BBDO, Prima TV station and International Railway more

04.04.2014

Romanian freight railway carrier CFR Marfa started at the end of March the layoff process for a number of 2,500 employees, in accordance with the IMF agreement, Transport Ministry said in a statement. more

03.07.2014

The new government program stipulates the revival of Romanian freight railway carrier CFR Marfa by a professional, profit-oriented management and the capitalization of its potential, and then, the more

01.30.2014

Romanian state-run energy holding CE Oltenia will most likely extend its coal transport contract with railway freight carrier CFR Marfa for two months after anticorruption prosecutors seized the more

11.20.2013

Romanian freight railway carrier CFR Marfa expects revenues of RON1.11 billion in 2014, up 8.6% from the RON1.02 billion it expects this year, and a loss of RON82 million, 2.7 times lower than this more

11.20.2013

Romanian freight railway carrier CFR Marfa will lay off 2,500 employees next year, nearly 30% of the total, according to the company’s budget for 2014, which also stipulates RON16.8 million for more

11.14.2013

Romanian state-run freight railway operator CFR Marfa reduced loss by 20.8% in the first nine months of 2013 to 135.3 million lei (EUR30.3 million). more

11.14.2013

Romania’s government and the International Monetary Fund have decided state-run freight railway operator CFR Marfa will be reorganized “aggressively” by cutting staff costs, scrapping old more

11.04.2013

The privatization of Romanian freight railway carrier CFR Marfa will be completed at the middle of 2015, one year later than initially set by the Government, after the company undergoes a more

10.22.2013

Romania will restart privatization procedures for 51% in freight railway carrier CFR Marfa after talks to set a new privatization calendar with the International Monetary Fund and the European more

10.14.2013

The privatization of state-owned railway freight carrier CFR Marfa has failed because the privatization committee and Grup Feroviar Roman (GFR) could not reach an agreement on Monday, October 14, when more

10.13.2013

Grup Feroviar Roman (GFR) has called on the Transport Ministry to make public the privatization contract of state-owned railway freight carrier CFR Marfa and for minister Ramona Manescu to get more

10.10.2013

Romanian Grup Feroviar Roman (GFR) has until Monday, October 14, to pay the remaining EUR170 million for 51% in state-owned railway freight carrier CFR Marfa, Transport Minister Ramona Manescu said more

10.09.2013

Romania’s government has not extended the privatization deadline of railway freight carrier CFR Marfa in Wednesday’s Cabinet meeting, which means the buyer, Grup Feroviar Roman (GFR), has until more

10.07.2013

The deadline for the completion of the sale of 51% in state-owned railway freight carrier CFR Marfa, initially due-mid October, will be pushed back to December 20, according to a draft government more