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Romania Picks CFR Marfa Sale Winner to Meet IMF Accord Pledge

July 4, 2013

Romania selected private railway operator Grup Feroviar Roman SA as the winner in the bidding for rail freight company CFR Marfa SA, meeting a deadline set under the country’s international bailout agreement.Grup Feroviar Roman offered about 905 million lei ($264 million) for a 51 percent stake by today’s deadline agreed with the International Monetary Fund, Transport Minister Relu Fenechiu told reporters

The text of this article has been partially taken from the publication:
http://www.romanianewswatch.com/2013/06/romania-picks-cfr-marfa-sale-winner-to.html
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