As early as 2024, Transportation Ministry officials stated CFR Marfa would be liquidated eventually, after the new company, Carpatica Feroviar, becomes operational.
„Carpatica Feroviar has become operational, taken over part of the assets,” Ionel Scriosteanu, a state secretary at the Transportation Ministry, told ZF.
State-owned railway freight carrier giant CFR Marfa ended 2024 with RON677 million revenue, a decline of 13% on 2023 and RON328 million losses compared with the RON231 million of the previous year.
(English version by Catalina Apostoiu)