CFR continues to post losses in H1 2009
Several of CFR Marfa’s most important clients, such as ArcelorMittal Galati, Oltchim, Doljchim or Azomures have halted activities. The company announced it would lay off some 8,500 employees by 2010. “The 8,500 employees means some 35-40 percent of the salary funds,” according...