Societatea Naţională de Transport Feroviar de Marfă (CFR Marfă)
Transportation / storage
Transportation and storage
49.20 - Freight rail transport
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
State-owned rail freight company CFR Marf? is to cut 2,500 jobs in 2014.
As announced, the Romanian Government promotes a cost-cutting restructuring programme envisaging, among other measures, a job reduction plan aimed at decreasing operating losses.
According to media reports, a recent privatisation effort encountered obstacles but a new plan is to be implemented by 2015.
For previous restructuring events see CFR Marf? -2010 and CFR Marf?-2009.