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Romania Privatizes Freight Division of National Railways

Published: February 6, 2013; 18:32 · (Vindobona)

Romania´s government sells a 51% stake in CFR Marfa, the publicly held rail freight company.

Romania Privatizes Freight Division of National Railways / Picture: © Flickr

Until June 2013, Romania wants to sell the rail freight company. The High Security Council (CSAT) has approved the privatization today, Minister of Economics Daniel Chitoiu said. However, potential buyers must pay a deposit of € 10m. This corresponds to 17% of the nominal value of CFR Marfa´s shares. The deposit is mainly due to the fact that the privatization of the chemical group…

This article includes a total of 234 words.

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