Greece
Greece
TrainOSE's New High-Speed Train Makes Athens-Thessaloniki Trip Under 3.5 Hours
There is much anticipation for next month's Thessaloniki international trade fair where TrainOSE, the Italian-owned Greek rail operator, is expected to present a high-speed train that will change travel in Greece.
The train is nicknamed “Silver Arrow,” and will enable passengers...
Economy
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 be invested in the country’s aging rail infrastructure over the coming years.
Ferrovie Dello Stato is...
Business
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, Filippos Tsalidis, TrainOSE's CEO told reporters during a news conference in Thessaloniki.
The signing of the...
Economy
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 Ferrovie dello Stato Italiane, Kathimerini newspaper reports.
The talk is about a new state-operated railway through...
Economy
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 Fund (HRADF) said on Monday.
According to the sources, the terms set by the Court of...
Economy
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 Trainose, told the Athens News Agency (AMNA-MPA) on Wednesday that the "company has paid for sins...
Economy
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 Republic Asset Development Fund (HRADF) announced that Ferrovie's binding offer for a 100 percent stake in...
Greece
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 Friday.
The investment groups are:
Ferrovie dello Stato Italiane S.p.A.
Open Joint-Stock Company "Russian Railways"
GEK TERNA SOCIETE ANONYME...
Greece
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 company suspended services linking Thessaloniki to the Balkan capitals in February 2011.
TrainOSE's decision to relaunch...
Business
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 of interest in the framework of the provided procedures, said Russian Railways chief Vladimir Yakunin,...
Economy
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 interest.
The Greek railway service operator is being wooed by France’s Societe Nationale des Chemins de...
Greece
Odontotos: Greece’s Amazing Cog Railway of the Peloponnese
The "Odontotos" railway in Greece, one of the few surviving cog railways in Europe, travels across the country and over and through its spectacular mountains.
People in many mountainous countries in Europe and beyond are used to cog, or "rack,"...
Archaeology
Aegae: The Cradle of Ancient Macedonia
The archaeological site of Aegae next to the contemporary town of Vergina was the first capital of the ancient Greek kingdom of Macedonia. The site is located 65 km (40 miles) west of Thessaloniki in Northern Greece’s province of...
Environment
Operation Olive Tree: Greece Saves Centuries-Old Trees from Destruction
More than 500 olive trees, some of which are centuries-old, have been saved so far by the almost unknown efforts of ERGOSE.
ERGOSE is a subsidiary company of TRAINOSE, the Greek Railway Operator, and its role is to construct and...
Greece
Greece Announces 1,152 New Coronavirus Cases; Seven Deaths
Greek health authorities announced on Monday that there were 1,152 new coronavirus cases diagnosed in the country over the last day and seven deaths had occurred in those who suffered with the disease.
Ninety-six of the new cases were found...