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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. The deal was never consummated and the company remains completely state owned. 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 pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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CFR may refer to: Biology * 23S rRNA (adenine2503-C2,C8)-dimethyltransferase, an enzyme * 23S rRNA (adenine2503-C2)-methyltransferase, an enzyme Organizations * China Fire and Rescue, China's firefighting force * , the Romanian state railway * Canadian Finals Rodeo * Centre for Foreign Relations, Tanzania * CFR Cluj, Romanian football club * CFFR, a Canadian radio station once branded as "66 CFR" * Chess Federation of Russia, the governing body for chess in Russia * Council on Foreign Relations, U.S. foreign policy think tank * Franciscan Friars of the Renewal, a religious institute in the Catholic Church commonly abbreviated "C.F.R." Places * Caen – Carpiquet Airport in northern France Protocols * ''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 Titles * Certified first responder * Commander of the Order of the Federal Republic, Nigerian order ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |