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June 12, 2021

Companies from Poland, the Czech Republic and Slovakia, interested to take over CFR Marfa

Investors from Poland and the Czech Republic expressed their intent to take over CFR Marfa and a meeting is scheduled for next week with a company from Slovakia, while this privatisation process is also expected to raise the interest of Romanian transporters, the general manager of the company, Constantin Zaharia said yesterday, quoted by Mediafax. The meetings held so far were with representatives of PKP Cargo (Poland) and AWT (Czech Republic). Another company that expressed its interest for the privatisation of CFR Marfa is Optifin Invest (Slovakia), which will send a delegation for talks next week. “First of all, we wish to optimise the price. Our interest is not just to get rid of CFR Marfa, in any conditions, but to bring the state the most money we can from out of this privatisation,” said Horatiu Buzatu, deputy secretary general with MTI, in charge with the operations and privatisation of CFR Marfa.Dan Diaconescu will not be allowed to participate in the privatisation of CFR Marfa as an individual person, but only in association with companies or investment funds that meet the criteria set by the Ministry of Transport regarding the financial or operational capacity, the Ministry of Transport and Infrastructure (MTI) announced. Cristina Militaru, head of the Privatisation Department of MTI, said that the investor must be a company operating in this sector, or investment funds associated with legal entities that can meet the operational, technical or economic criteria to be provided by task-books.The ministry plans to submit the privatisation strategy of the company to government’s approval this week, then form the privatisation commission that will draft the presentation file of the company. The presentation file is due for completion early in October, as the deadline set by authorities during negotiations with the IMF for the privatisation of CFR Marfa is December this year.

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