The Romanian Ministry of Transport has received 86 offers from rail companies, investment groups and banks interested in grabbing a stake in the rail freight operator CFR Marfa, which should be fully privatized by the end of 2012, according to the Agerpres news agency.
The government initially agreed with the International Monetary fund (IMF) to sell a majority stake in the state-owned rail operator, but recently decided to fully privatize it. CFR Marfa, which holds a commanding 61.1 percent share of the freight market, is estimating a loss of RON 95m (€21m) this year.
