The consortium is made up of Transferoviar Grup (TFG) and Donau-Finanz GmbH & Co KG Austria.
In April, Romania’s Transport Ministry extended the paper filing deadline for the prequalification phase of the auction to privatize CFR Marfa by about two weeks, until May 8, and the winner of the auction would be announced on June 20. The initial bid filing deadline was April 22.
The Transport Ministry will auction off 51% of CFR Marfa in June and the starting price is 798.05 million lei (EUR180 million).
The procedure will include three phases: prequalification, negotiation based on preliminary non-binding offers and sealed-bid auction.