Transportation in Croatia
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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.
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CROATIA, 2013/06/19
The European Commission has authorised under EU national aid rules an amendment to the restructuring plan for 3.Maj, one of the Croatian shipyards in difficulty. The EU Commission concluded that any distortion of competition that may arise from the modest increase in the total all of restructuring aid would be offset by the additional compensatory measures proposed by Croatia. This clears the way for the privatisation of the yard by 1 July 2013, the date of Croatia's EU accession, as required by the Act of Accession.
