Mihai Manole, named interim general director of CFR Marfa

Newsroom 05/05/2017 | 11:22

The administration board of the CFR Marfa, the state-owned rail freight operator, has appointed Mihai Manole as interim general director.

The move came days after the Directorate For Investigating Organized Crime and Terrorism (DIICOT) started a massive investigation regarding the scrapping of 2,450 railcars at an undervalued price.

The executive management team of the company is being prosecuted in this case, alongside Mihut Craciun, the former general director of CFR Marfa. This transaction generated a loss worth EUR 6.3 million for the company.

Manole has been working for CFR Marfa since 1998 and held several roles, including the one of engineer and locomotives director.

“The appointment of an interim general director provides the required framework for continuing the activity of CFR Marfa. We ensure all our business partners: clients, suppliers and creditors that the activity will continue in normal conditions,” said the company in a statement.

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