CFR Marfa privatisation aborted due to parties’ failure to come to terms

The privatization of rail freight company CFR Marfa was aborted after the parties failed to come to terms, sources from the Ministry of Transports said on Monday.

According to the cited sources, the Privatization Commission on Monday called GFR representatives to talks, announcing them they cannot invite them to the finalisation of the deal for failure to meet the contract’s conditions precedent.

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