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CFR Marfa ready for privatisation in early 2018

CFR Marfa ready for privatisation in early 2018The Romanian Government has signed on Monday a memorandum on the necessity to capitalise on the state shares packages owned in various companies.

According to the document, in regarding CFR Marfa, the state owned rail freight operator, the Transport Ministry proposes to establish the stake which is be sold and the privatization method based on the arguments submitted by the privatization consultant. 

The government already approved in June 15, 2016 an action plan for the restructuring of CFR Marfa, followed by privatization process planned to be launched during the first quarter of 2018.

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