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Government delays again privatization of CFR Marfa beyond EC deadlines

A memorandum forwarded to premier Dacian Ciolos by economic ministers foresees a change in the privatization strategy of CFR Marfa and the delay of the process until quarter I, 2018. Privatization should have been concluded in 2016, when the approval for state aid expired. One of the suggestions made by the Transport Ministry invokes an action plan to “restructure CFR Marfa, followed by the beginning of the privatization process as of quarter I, ...

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Friday, October 7, 2016