ITALIAN State Railways (FS) completed its acquisition of Greek national train operator Trainose on September 14, when the final documents authorising the transaction were signed at the Greece - Italy High Level Cooperation Council summit in Corfu.
SHARES in Japan’s Kyushu Railway Company (JR Kyushu) climbed 15% on the first day of trading following the company’s IPO on the Tokyo stock exchange on October 24.
MONTENEGRO’s privatisation council launched a tender on October 19 for the sale of a 51% stake in rail freight operator Montecargo.