Manescu declined to comment on certain speculations around the issue of CFR Marfa privatization.
Early September, the Transport Ministry and Grup Feroviar Roman (GFR) signed the sale contract for CFR Marfa.
In June this year, GFR won the auction to take over 51% of CFR Marfa, offering EUR202 million. GFR also committed to invest RON900 million in the company and another EUR1.5 million in environmental projects.
The government decision approving the sale of 51% in CFR Marfa to GFR was published in the country’s Official Journal mid-August. The sale is to be finalized within 60 days of publication, namely by mid-October. As per the government decision, if the sale is not finalized within 60 calendar days, the contract is rightfully terminated.