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CFR Marfă
CFR Marfă is the state-owned freight railway business of Romania. Formerly the freight division of Căile Ferate Române (CFR), it was separated in 1998 to become a semi-independent business. In April 2013, under pressure from the IMF to reform the state sector, the Romanian government offered to sell a 51% stake in CFR Marfă In May 2013, three bids were received; from OmniTRAX, SC Grup Feroviar Român, and a partnership between Transferoviar Grup and Donau-Finanz. The government rejected all three bids. In September 2013, the 51% stake in CFR Marfă was sold to Grup Feroviar Român for €202 million, although complete payment would be deferred until the deal is approved by competition authorities. CFR Marfă is making heavy losses. In 2013, it expects to lose €47 million; it lost €20 million in 2012 on earnings of €288.8 million. It has not posted a profit since 2007. As part of the privatisation, the Romanian government has allocated CFR Marfă 606 million lei (� ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CFR Marfă Logo
CFR may refer to: * Caen – Carpiquet Airport in northern France * Căile Ferate Române, the Romanian state railway * Canadian Finals Rodeo * Case fatality rate, term for proportion of people dying of a disease * Centre for Foreign Relations, Tanzania * Certified first responder * CFFR, a Canadian radio station once branded as "66 CFR" * CFR Cluj, Romanian football club * ''Charter of Fundamental Rights'', a charter of political, social and economic rights for European Union (EU) citizens * ''Code of Federal Regulations'' of the United States * Compact fusion reactor, a proposed nuclear fusion reactor project * Coronary flow reserve, a diagnostic cardiac measurement * Cost and Freight, word used in international commerce * Cross-Functional Requirements, another name for non-functional requirements or the "ilities" in software systems requirements and design * Council on Foreign Relations, U.S. foreign policy think tank * 23S rRNA (adenine2503-C2,C8)-dimethyltransferase, an enzym ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |