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CFR MARFA

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Deloitte-led Consortium To Advise On CFR Marfa's Sale
Automotive

Deloitte-led Consortium To Advise On CFR Marfa's Sale

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...

Florentina Dragu · 10.04.2012 · 14:24 · 1 min
Five Groups And Consortia Filed Bids To Broker CFR Marfa Privatization - Sources
Automotive

Five Groups And Consortia Filed Bids To Broker CFR Marfa Privatization - Sources

Five groups and consortia bid on a contract to broker the privatization of Romanian state-owned railway freight carrier CFR Marfa, which must be concluded by the end of October.

Ioana Tudor · 16.03.2012 · 12:47 · 2 min
CFR Black Hole: EUR1.3 Billion Losses In Four Years
Automotive

CFR Black Hole: EUR1.3 Billion Losses In Four Years

Poor management, the administration's lack of interest and the reduced investments in infrastructure have thrown railway companies CFR SA, CFR Marfa and CFR Calatori into a hole of cumulated...

Radu Bostan · 16.03.2012 · 00:00 · 3 min
Transport Minister: CFR Marfa Needs Debt Compensation Scheme To Survive
Automotive

Transport Minister: CFR Marfa Needs Debt Compensation Scheme To Survive

Romanian state railway company CFR Marfa badly needs a debt compensation scheme, since it became viable last year and would have turned a profit were it not for its historic arrears, said Tr...

Radu Bostan · 17.02.2012 · 19:41 · 2 min
Transport Ministry Starts Off On Selecting Broker For CFR Marfa Privatization
Automotive

Transport Ministry Starts Off On Selecting Broker For CFR Marfa Privatization

The Romanian Transport Ministry has published an auction announcement to select a broker to manage the privatization of freight railway operator CFR Marfa.

Ioana Tudor · 06.02.2012 · 19:07 · 2 min
Automotive

CFR Marfa Posted RON133.5M Losses In 2011

Romanian state-owned railway company CFR Marfa last year posted losses of 133.5 million lei (EUR30.76 million), 67.9% higher than the level approved in its budget, RON79.5 million.

Radu Bostan · 27.01.2012 · 19:50 · 1 min
Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List
Macroeconomics

Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List

Romania's government has taken out freight railway operator CFR Marfa from a list of state-owned companies to be run by private managers, while adding two new enterprises, according to the c...

Florentina Dragu · 07.12.2011 · 14:05 · 1 min
CFR Marfa Posts 18% Annual Rise In Jan-Aug Operating Revenue
Automotive

CFR Marfa Posts 18% Annual Rise In Jan-Aug Operating Revenue

Romanian state-owned railway transporter CFR Marfa on Friday reported a 26% year-on-year rise in its January-August volumes, while operating revenue rose some 18%.

Andrei Cîrchelan · 14.10.2011 · 13:37 · 1 min
Social/Politics

Defense Council Approves First Stage Of CFR Marfa Privatization

Romania's Defense Council on Monday approved the draft Government Decision green-lighting the first stage of the privatization of national railway company CFR Marfa and mandating the Transpo...

Radu Bostan · 26.09.2011 · 19:41 · 1 min