GFR
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Transport Ministry Wants To Extend CFR Marfa Sale Completion Deadline
The committee for the privatization of Romania’s state-owned freight railway carrier CFR Marfa is looking into extending the company's sale completion deadline and one of the proposed time l...
GFR Puts EUR20M In Escrow Account For CFR Marfa; Privatization Goes On
Grup Feroviar Roman (GFR), which has won an auction to buy a 51% stake in Romanian state-owned railway freight carrier CFR Marfa, Thursday transferred 90.4 million lei (about EUR20 million)...
GFR In Talks With ING Corporate Finance To Get Money For CFR Marfa Acquisition
London-based ING Corporate Finance, the financial consulting division of Dutch group ING, will help Grup Feroviar Roman (GFR) get financing to buy 51% in freight railway carrier CFR Marfa, a...
GFR In Talks With Key Financial Institutions To Get Money For CFR Marfa Takeover
Romanian private railway company Grup Feroviar Roman (GFR) is holding talks with major international financial institutions to obtain financing to take over state-owned freight railway carri...
Electroputere VFU 1Q Turnover Rose To RON32M
Romanian rolling stock repair company Electroputere VFU Pascani (RMAR.RO), former Remarul Pascani, registered turnover of 31.8 million lei (EUR7.2 million) in the first quarter of 2013, 3.6...
GFR: Most Asian Freight Carriers Avoid Romania Due To Its Poor Railway Infrastructure
The poor state of the Romanian railway infrastructure makes Asian freight railway carriers avoid Romania, Sorin Chinde, general manager of private railway company Grup Feroviar Roman (GFR),...
GFR To File Bids Friday For Privatization Of Bulgarian, Croatian Freight Railway Carriers
Romanian Grup Feroviar Roman (GFR) Friday will submit bids for the privatization of Bulgaria and Croatia’s freight railway carriers, which have cumulated turnover of EUR250 million and 10,00...
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...
Grup Feroviar Roman Buys Taskbook For CFR Marfa Privatization, Might File Bid
Romanian freight railroad transporter Grup Feroviar Roman (GFR) bought the taskbook for the privatization of state-owned freight railway carrier CFR Marfa, businessman Gruia Stoica, owner of...