CFR Marfa has been transporting coal to CEH since 2014.The contract signed in 2014 stipulated that CFR Marfa would transport 2.7 million tons of coal and 1.1 million tons for operational services, respectively. The value of contract reached approximately EUR10 million.
SC Grup Feroviar Roman SA also took part in the auction organized by Complexul Energetic Hunedoara on July 28.
End-July 2015, CFR Marfa announced that it had won the auction to transport coal to one of its biggest clients, energy producer CE Oltenia, therefore, it would continue to transport approximately 18 million tons of coal in the next three years.
Conpet, ArcelorMittal Galati and Azomures Targu Mures are among the companies with which CFR Marfa also concluded contracts.
CFR Marfa, controlled by the Transport Ministry, is Romania’s largest freight carrier, with a market share of 54.8%.
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 2014. The company posted profit in 2014, for the first time in the last six years, but its positive result was below RON1 million, from loss of over RON1.6 billion between 2009 and 2013.