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CFR MARFA

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Grup Feroviar Roman Aims To Make CFR Marfa Efficient
Automotive

Grup Feroviar Roman Aims To Make CFR Marfa Efficient

Romanian private railway company Grup Feroviar Roman (GFR), which will pay EUR202 million for a 51% stake in freight railway carrier CFR Marfa, said its main priority is to make the state-ru...

Ioana Tudor · 28.06.2013 · 13:58 · 1 min
Romania To Secure Severance Pay For 1,000 CFR Marfa Employees
Automotive

Romania To Secure Severance Pay For 1,000 CFR Marfa Employees

Romanian’s government could not set conditions regarding the staff freight railway carrier CFR Marfa must keep for several years after privatization and is drafting a decision whereby about...

Ioana Tudor · 20.06.2013 · 20:28 · 1 min
GFR Buys 51% In Freight Rail Carrier CFR Marfa For EUR202M
Automotive

GFR Buys 51% In Freight Rail Carrier CFR Marfa For EUR202M

Romania’s largest private railway company Grup Feroviar Roman (GFR) will pay EUR202 million for a 51% stake in state-run freight rail carrier CFR Marfa, Transport Minister Relu Fenechiu said...

Florentina Dragu · 20.06.2013 · 18:31 · 1 min
IMF Chief’s Visit To Romania Uncertain If CFR Marfa’s Privatization Is Delayed
Social/Politics

IMF Chief’s Visit To Romania Uncertain If CFR Marfa’s Privatization Is Delayed

The head of the International Monetary Fund Christine Lagarde could cancel her visit to Romania scheduled for July 16 if the eastern European country fails to select a winner for the majorit...

Florentina Dragu · 20.06.2013 · 16:02 · 1 min
Remaining Bidder For CFR Marfa May Be Disqualified Over Demands – Minister
Social/Politics

Remaining Bidder For CFR Marfa May Be Disqualified Over Demands – Minister

Romanian rail company Grup Feroviar Roman (GFR), the only remaining bidder in the privatization process of state-run freight rail carrier CFR Marfa, may be disqualified due to a series of co...

Florentina Dragu · 20.06.2013 · 14:43 · 1 min
Owner Says GFR Has Secured Bank Loans To Buy CFR Marfa
Companies

Owner Says GFR Has Secured Bank Loans To Buy CFR Marfa

Romanian Grup Feroviar Roman has EUR180 million, the starting price to buy state-owned freight rail carrier CFR Marfa, and has bank credentials from Raiffeisen Bank Austria, company owner Gr...

Oana Gavrila · 19.06.2013 · 17:25 · 1 min
Romanian-Austrian Consortium TFG - Donau Finanz Pulls Out Of CFR Marfa Privatization
Social/Politics

Romanian-Austrian Consortium TFG - Donau Finanz Pulls Out Of CFR Marfa Privatization

The consortium of Romanian Transferoviar Grup and Austrian Donau-Finanz GmbH & Co KG Austria announced Wednesday it is pulling out of the privatization process of Romanian state-owned freigh...

Oana Gavrila · 19.06.2013 · 12:35 · 1 min
OmniTRAX Contests CFR Marfa Privatization Procedure
Automotive

OmniTRAX Contests CFR Marfa Privatization Procedure

U.S. company OmniTRAX, whose documents to participate in the sale of Romanian state-owned freight railway carrier CFR Marfa were recently rejected by the Transport Ministry, has contested th...

Ioana Tudor · 17.06.2013 · 16:40 · 2 min
Romania Pledges To Select Buyer For CFR Marfa On June 21; Deal Completion Conditional On Meeting All Contract Requirements
Automotive

Romania Pledges To Select Buyer For CFR Marfa On June 21; Deal Completion Conditional On Meeting All Contract Requirements

Romania pledges to select a buyer for a majority stake in state-owned freight railway carrier CFR Marfa on June 21, while highlighting that the completion of the transaction depends on meeti...

Ioana Tudor · 13.06.2013 · 17:47 · 1 min