Romania Outgoing PM: CFR Marfa Must Resort To Asset Sales To Pay Back EUR570M State Aid

02.24.2020 By Ecaterina Craciun

Romania's state-owned railway fright company CFR Marfa will have to resort to asset sales to be able to pay back to the Romanian state an amount of EUR570 million considered illegal state aid by the European Commission, outgoing Prime Minister Ludovic Orban told a press conference Monday.



To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 25 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
Orban
, CFR Marfa
, asset sales
, state aid

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.