The company did not cite any reasons for the resignation.
The company expects revenues of RON877.1 million this year, 21.5% lower than estimated in 2014, and a gross profit of RON3 million, nearly eight times lower than estimated for last year. The company’s main clients include Rofersped, Azomureș, Conpet, CEO Oltenia, Holzindustrie Schweighofer, CE Turceni and Kronospan.
CFR Marfa is the largest local railway freight carrier, followed by Grup Feroviar Roman.
The Transport Ministry will select a consultant to resume the privatization process of CFR Marfa, Prime Minister Victor Ponta said earlier this week after talks with the IMF.
Romania tried to privatize the railroad operator in 2013 but the deal fell through. After the failed privatization attempt, the government promised the IMF it would restructure the company and laid off 2,500 people, around 30% of the staff.