Greece
Greece
New Electrified Athens – Thessaloniki Railway Line Complete
The new electrified railway line from Athens to Thessaloniki is ready for use and will be put into operation today, January 29, according to a statement issued by the company responsible for the upgrade.
According to the state-run AMNA news...
Greece
Greek Operator Vows to Make Train 'People's First Choice' For Athens – Thessaloniki Route
TRAINOSE, the Greek railway company that was recently bought by the Italian Ferrovie Dello Stato published an announcement regarding the new ETR 480 train, also known as 'the silver arrow'.
The company says that it aims to make train the...
Business
Top 4 Direct Foreign Investments in Greece for 2018
With the end of the third bailout program in August, foreign investments in Greece will continue stronger for the next years as the economic outlook appears more promising than in the crisis years.
In this light, foreign giants continue to...
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...
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...
Business
Italian Railways and Skoda Interested in Greek Railway Maintenance Company
Italian railways Ferrovie dello Stato Italiano SpA and Skoda Transportation SA were the two investment groups which submitted expression of interest for the purchase of 100 percent stake of Rosco SA, the Greek railway rolling stock maintenance company, Hellenic...
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...
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
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...