After winning power in January's general election, Greece's leftist government announced it would carry out a review into the privatisations, which by this time were in their final stages.

Last October HRADF announced that a joint venture of Russian Railways (RZD) and Greek property and energy group Gek Terna; French National Railways (SNCF) subsidiary SNCF Participations; and Romanian open-access operator Grup Ferroviar Roman (GFR) had been granted access to detailed financial information for the preparation of final bids for Trainose. Three bidders including the RDZ/Gek Terna joint venture, Siemens, and a partnership between Alstom and Damco Energy, Greece, qualified for the acquisition of Rosco.

The privatisation process has been also stalled by negotiations between the Greek government, the European Union, the European Central Bank and the International Monetary Fund over the conditions of a third bailout to prevent the country going bankrupt and exiting the Eurozone. However, an agreement was reached earlier this month and this required the Greek government to confirm deadlines for binding offers for the sale of Trainose and Rosco, as well as ports in Piraeus and Thessaloniki, without any changes to the conditions of the original tender.