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End of an Era: Greece’s TrainOSE Sold to Italian Rail Operator

On Thursday, Greece finalized the sale of railway operator TrainOSE to Italy’s Ferrovie dello Stato, and Greece expects hundreds of millions of euros to...

Italian Railways Τake Οver Greek TrainOSE on September 14

Italian railways are set to sign a final agreement to take over full ownership of TrainOSE on September 14 during a ceremony in Corfu,...

Greek Gov’t Talks of New State Railway after Sale of Trainose

KikThe Greek government is talking about the establishment of a new state-owned railway system only days after the sale of Trainose to Italian state-run...

Court of Audit Gives All-Clear to TRAINOSE Privatization, Sources Say

The Court of Audit has given the all-clear to proposed privatization of the Greek trains operator TRAINOSE, sources within the Hellenic Republic Asset Development...

Trainose Sold to Italian Company for too Low a Price

Italian railways will buy Greece's rail company Trainose after Athens accepted the group's 45 million euro ($50 million) bid. Filippos Tsalidis, managing director of...

Greece’s TRAINOSE Sold for 45 Mln Euros to Italian Railway

The Greek rail operator TRAINOSE will be fully acquired by the Italian railway Ferrovie Dello Stato Italiane S.p.A for 45 million euros. The Hellenic...

Three Candidates in Tender to Sell TRAINOSE

Three investment groups expressed their initial interest for the sale of 100% stake of TRAINOSE S.A., Hellenic Republic Asset Development Fund (HRADF) said on...

TrainOSE to Resume Thessaloniki’s Train Linking with the Balkans

TrainOSE, the operating arm of the Hellenic Railways Organization (OSE), will resume services linking northern Greece to Skopje, Belgrade and Sofia on May 10. The...

Russia Eyes Trainose, Rosco, Thessaloniki Port

    Russian Railways is interested in buying the Greek railway company TRAINOSE, the repair company Rosco and the Thessaloniki Port, having submitted an initial application...

Three Major Players Expressed Interest for Trainose

The first stage of the Trainose privatization process was completed on Monday, with three major players in the European railway industry having expressed an...

Railways in Greece Immobilized After Rail Workers’ 24-hour Strike

Greek railway workers started a 24-hour strike and stopped the movement of all trains. They are protesting against the privatisation of the railway operator. The...

Greece Targets 6 Billion Euros in Privatizations Revenues by 2018

The head of Greek privatizations agency (HRADF) said the country aims to receive total revenues of 6 billion Euros from privatizations by 2018. According to...

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