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Dec 13, 2007

Privatisation * Romania - State could receive 2bn euros from CFR Marfa's

Bucharest,Romania -Ziarul Financiar -13 Dec 2007: -- State-held company CFR Marfa (a freight operator), which is expected to complete its privatisation strategy in around three months, is worth somewhere between one and three billion euros, according to market sources. According to previous statements made by George Buruiana, general manager of the private freight operator Servtrans, the value of CFR Marfa stands at around two billion euros. Ion Garoseanu, vice-president of Grup Feroviar Roman (the largest private freight operator on the market) says CFR Marfa is worth over one billion euros...

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