“I think the contract will be signed Monday. I don’t know for sure. It all depends on Manescu,” Ponta said.
The government decision approving the sale of 51% in CFR Marfa to Grup Feroviar Roman (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. According to the sale conditions, GFR must set up a bank deposit of EUR20 million and get antitrust authority clearance. As per the government decision, if the sale is not finalized within 60 calendar days, the contract is rightfully terminated.
The selling price for the 51% stake in CFR Marfa is RON904.98 million (EUR202 million). President Traian Basescu on Monday signed the decree appointing MEP Ramona Manescu as Transport minister.