TrainOSE
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...
Greece
Trains Cancelled on Athens-Thessaloniki Line Due to Bad Weather
The Greek trains operator TRAINOSE announced that several scheduled train journeys between Athens, Larisa and Thessaloniki will be cancelled on Wednesday and Thursday due to problems caused by snow falling on the tracks between Thessaloniki and Lamia.
Cancellations on Wednesday...
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...
Greece
Greek Rail Workers Call of Planned Strikes on Tuesday Until Thursday
Greece's national and suburban railways (Proastiakos) will operate as normal on Tuesday following the suspension of rolling strike action that was set to halt operations until Thursday.
Unionists decided to suspend the strike action after meeting with officials from Greece's...
Greece
New Rail Strike Announced Next Week
No passenger trains will travel from Monday until Wednesday, while freight trains will be immobilised until next Thursday, due to a new round of rolling three-hour work stoppages announced by workers in the Greek railway operator TRAINOSE.
In a union...
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...
Business
Cosco Sends Containers to Slovenia Due to Greek Railway Strike
Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway strikes. Since the tariffs for small feeder ships are currently at very low levels, the...
Economy
Italian Company Sole Bidder for Greece's Railway Operator
Italy's state-owned company Ferrovie dello Stato Italiane S.p.A was the only bidder for the privatization of Greek railways operator TRAINOSE, according to HRADF.
Hellenic Republic Assets Development Fund, Greece's privatization fund, announced in a statement on Wednesday: "The procedure for the submission...
Greece
Walkouts Against Privatization to Disrupt Airport Train Service
Walkouts protesting privatization plans for the national OSE railway and the Proastiakos suburban railway are scheduled from 5-8 a.m., 1-4 p.m. and 9 p.m to midnight on Tuesday, Wednesday and Thursday this week.
They are planning the same set of walkouts on...
Greece
Ongoing Railway Workers' Strike Starting on Tuesday
Repeated three-hour work stoppages by railway staff on Tuesday, Wednesday and Thursday are expected to seriously disrupt rail services throughout the country during the week, with multiple cancellations and changes to scheduled train journeys, including services to Athens International...