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New privatisation deadline for Romania’s state-owned rail freight operator

The privatization process of the Romanian state-owned rail freight operator CFR Marfa will be completed in 2016, following the agreement signed with the International Monetary Fund, stated by Ioan Rus, Minister of Transport.

Present at the inauguration of Deutsche Bahn Accounting Center for Europe in Bucharest, Rudiger Grube, CEO of Deutsche Bahn, stated that the German company is not interested in participating in the privatization of CFR MArfa, focusing rather on an organic increase, not by acquisitions.

“We are a very large company, there is no need now of additional purchases. We are concentrating on organic growth,” said Grube, when asked if CFR Marfa was of interest for DB’s portfolio.

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