THE European Commission (EC) announced that rail projects in Greece will receive funding from the European Union (EU) cohesion funds, as part of a €1.3bn investment which will allow major projects that started in the 2007-2013 financial period to be completed in the current 2014-2020 period.
THE long-running privatisation of Greek national train operator Trainose took an important step forward on January 18, when Italian State Railways (FS) CEO Mr Renato Mazzoncini and Mr Antonis Leousis, CEO of the Hellenic Republic Asset Development Fund (HRADF) signed a share purchase agreement in Athens.
GREEK privatisation agency the Hellenic Republic Asset Development Fund (HRADF) announced on October 17 that Italian State Railways (FS) and Škoda Transportation have submitted expressions of interest (EOI) for the sale of a 100% stake in Hellenic Company for Rolling Stock Maintenance (Rosco).
THE European Commission (EC) decided on July 22 to take Greece, Luxembourg and Romania to the European Court of Justice for not harmonising correctly, completely and in time of the European Directive for the establishment of the single European railway area.
ITALIAN State Railways (FS) has moved a step closer to acquiring Greek national train operator Trainose after the board of the Hellenic Republic Asset Development Fund (HRADF), which is responsible for managing privatisation of state-owned assets in Greece, voted to accept the company's €45m binding financial offer.
THE Hellenic Republic Asset Development Fund (HRADF) announced on March 21 that bidding for the privatisation of Greece's national train operator Trainose and Hellenic Company for Rolling Stock Maintenance (Rosco) will be delayed after prospective investors asked for more time to prepare their offers.