CFR Marfă

CFR Marfă is the state-owned freight railway business of Romania. Formerly the freight division of Căile Ferate Române (CFR), it was separated in 1998 to become a semi-independent business. In April 2013, under pressure from the IMF to reform the state sector, the Romanian government offered to sell a 51% stake in CFR Marfă In May 2013, three bids were received; from OmniTRAX, , and a partnership between Transferoviar Grup and . The government rejected all three bids. In September 2013, the 51% stake in CFR Marfă was sold to Grup Feroviar Român for €202 million, although complete payment would be deferred until the deal is approved by competition authorities.

CFR Marfă

CFR Marfă is the state-owned freight railway business of Romania. Formerly the freight division of Căile Ferate Române (CFR), it was separated in 1998 to become a semi-independent business. In April 2013, under pressure from the IMF to reform the state sector, the Romanian government offered to sell a 51% stake in CFR Marfă In May 2013, three bids were received; from OmniTRAX, , and a partnership between Transferoviar Grup and . The government rejected all three bids. In September 2013, the 51% stake in CFR Marfă was sold to Grup Feroviar Român for €202 million, although complete payment would be deferred until the deal is approved by competition authorities.