The three potential investors are the only ones which filed papers to prequalify for the auction to sell a majority stake in CFR Marfa, after prequalification procedures were resumed.
Potential investors “on the shortlist” have until June 5 to file bids for the negotiation phase based on preliminary non-binding offers.
The Transport Ministry relaxed turnover requirements allowing firms with less than EUR100 million in turnover, but no less than EUR20 million, to participate in the auction.
Companies interested in CFR Marfa had until Thursday, May 23, to file papers for the prequalification phase of the auction.
The ministry will auction off 51% of the company in June and the starting price is 798.05 million lei (EUR180 million).
The privatization procedure includes three phases: prequalification, negotiation based on preliminary non-binding offers and sealed-bid auction.