04.03.2013

Romanian Prime Minister Victor Ponta on Wednesday said the privatization announcement for state-owned freight railway carrier CFR Marfa will be published Friday, April 5. more

03.21.2013

The Romanian Transport Ministry will publish the privatization announcement for state-owned freight railway carrier CFR Marfa on 6 or 8 April, the head of the ministry said Thursday. more

03.18.2013

Romanian state-owned freight company CFR Marfa forecasts losses of 211 million lei (EUR47.84 million) in 2013, 2.2-fold higher from RON95 million seen in 2012. more

03.12.2013

Romania’s Transport Ministry on Friday awarded a 2.5 million lei (EUR570,000), VAT included contract to a consortium led by U.S. consultancy firm Deloitte to advise on the sale of state-owned more

02.21.2013

Romanian Transport Minister Relu Fenechiu announced Thursday the new management of state-owned freight company CFR Marfa, made up of economists, engineers and legal advisors, which will have a direct more

02.19.2013

Romania’s state-owned chemical plant Oltchim Ramnicu-Valcea (OLT.RO) will not be able to keep all its employees after restructuring and staff cuts will also be operated within railway freight more

02.18.2013

Politician and TV station owner Dan Diaconescu said Monday he will take part in the auction to buy state-owned freight railway carrier CFR Marfa, mentioning he will not disclose whether “on his more

02.13.2013

Romania’s Government approved Wednesday the draft strategy for the privatization of state-owned freight railway carrier CFR Marfa, people close to the matter told Mediafax. more

02.06.2013

Romania’s Government approved Wednesday, on first reading, a draft strategy for the privatization of state-run freight railway carrier CFR Marfa, and will give its final nod after public debates and more

02.05.2013

Romania aims to sell the majority stake in state-owned freight railway carrier CFR Marfa "with the lowest debts possible," the sale price being settled based on an "investor’s test" pre-approved by more

02.05.2013

Romania’s supreme defense council CSAT approved Tuesday the privatization of state-owned freight railway carrier CFR Marfa, said Finance Minister Daniel Chitoiu. more

02.01.2013

Romania’s Transport Ministry expects to raise at least 268.75 million lei (EUR61.5 million) through the sale of a majority stake (51%) in state-owned freight company CFR Marfa, and the sum does not more

01.31.2013

Romania’s government will sell a majority stake in state-owned freight company CFR Marfa through preliminary bidding negotiations followed by a sealed-bid auction, according to a draft Government more

01.28.2013

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 more

01.22.2013

Romania’s Transport Minister Relu Fenechiu said Tuesday, after talks with representatives of the International Monetary Fund (IMF), that the privatization of state-run freight rail company CFR Marfa more

12.30.2012

Romanian state-run freight rail company CFR Marfa may become profitable “by putting an end to thefts and through a good management,” Transport Minister Relu Fenechiu told a news conference Sunday. more

10.08.2012

The Romanian state expected to raise around EUR1 billion from privatizations in 2012, but got only EUR37 million from the stock exchange sale of 15% in state-owned power grid operator Transelectrica more

10.03.2012

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 more

09.25.2012

Companies from Poland and the Czech Republic showed interested in taking over railway freight carrier CFR Marfa, while several Romanian transport companies are also expected to bid for the state-owned more

09.23.2012

The Association of Railway Transporters in Romania (ATFER) said in a press statement Sunday that the planned privatization of state-owned railway freight carrier CFR Marfa will bring huge damages both more

09.21.2012

The Romanian Government will approve next week the sale strategy of railway freight carrier CFR Marfa, which stipulates the sale of the entire state-owned stake, Transport minister Ovidiu Silaghi said more

09.12.2012

Romania’s Transport Ministry will auction off its entire stake in railway freight carrier CFR Marfa, as well as the stake resulted from the conversion into shares of the railway operator’s debts more

08.08.2012

Romania's Transport Ministry has pledged to privatize railway freight carrier CFR Marfa by December 2012, says a statement released Wednesday, after minister Ovidiu Silaghi's meeting with the IMF, more

04.18.2012

The consortium Deloitte – Musat & Asociatii – Systra, which will advise the Romanian government on the privatization of rail freight company CFR Marfa, will receive EUR375,000 this year plus a more

04.10.2012

Romanian Transport Ministry has selected a consortium comprising US consultancy firm Deloitte, Musat&Asociatii and France’s Systra to advise on the sale of state-run freight rail company CFR Marfa, more