Europe > Eastern Europe > Romania > Transportation

Transportation in Romania

  • CFR Marfa.

    BULGARIA, 2013/08/04 The Romanian government on Wednesday approved the privatization arrangement of Romania’s deficit-ridden rail freight company, CFR Marfa. The company was sold last month for around 202 million euro to a local company, Grup Feroviar Roman, GFR. GFR is part of Grampet Group, owned by Gruia Stoica, a low-profile businessman, but one of the richest Romanians, ranking eight in the Forbes rich inventory with an estimated wealth of some 450 million euro.