EU: CFR Marfa must now recover illegal aid
The European Commission has found that rail freight operator CFR Marfa received at least EUR 570 million incompatible state aid from Romania through a debt write-off and failure to collect debts from the company. Romania must now recover the illegal aid, plus interest, from CFR Marfa.
CFR Marfa is the incumbent rail freight transport services provider in Romania. The company, which is fully state-owned, has been in economic difficulties for a number of years.
It has a high level of debt, mainly towards the Romanian rail infrastructure manager CFR Infrastructura, which is also fully state-owned, and has had substantial debts towards the national social security and tax administration agencies for several years. (ben)