Omnitrax bidding in Romania
The Romanian Government on May 8 received three bids for the sale of a 51% stake in CFR Marfă, the national rail freight operator, and U.S. short line operator Omnitrax is one of them. Omnitrax is bidding against Romania’s two largest independent rail freight operators—Grup Feroviar Român, and Transferoviar Grup, which is part of a consortium with Austrian-based financial investors Donau Finanz.