Romania’s Freight Rail Co CFR Marfa Axes Jobs, Freezes Wages, Sheds Bonuses To Cut Costs
10:41, 13 Ian. 2010
Romania’s state-owned freight railway company CFR Marfa will cut over 217 million lei (EUR1=RON4.1355) in costs this year by laying off staff, not granting any wage bonuses, freezing wages for remaining employees and not outsourcing rail repair works, according to the company’s restructuring plan.