THE privatisation of Greece's national train operator Trainose is set to resume after the board of the Hellenic Republic Asset Development Fund (HRADF) gave the go-ahead on January 20 for a new international tender for the sale of 100% of the company's share capital.

THE partial privatisation of Italian State Railways (FS) moved a step closer on November 23, when Council of Ministers granted preliminary approval for the sale of a 40% stake in the company, which is expected to take place this year. However, the resignation of the entire FS board just a few days later came as a reminder that not everyone agrees on how it should be achieved.

Italy's minister of infrastructure and transport Mr Graziano Delrio says various options are still being considered for the privatisation of a 40% stake in Italian State Railways (FS) and has warned that the government could risk sacrificing revenue if it rushes to achieve a quick sale.

THE Australian Government has chosen business and legal advisers for a scoping study into options for the future management, operations and ownership of its wholly-owned interstate and Hunter Valley infrastructure manager, Australian Rail Track Corporation (ARTC).

ITALIAN State Railways (FS) concluded the privatisation of its power supply network on December 10 when it signed a contract transferring ownership to Terna, an Italian public company owned by Cassa Depositi e Prestiti which manages the national electricity grid.

THE entire board of Italian State Railways (FS) comprising its president Mr Marcello Messori, CEO Mr Michele Mario Elia and the seven board members have resigned because it could not agree how to privatise part of the railway.

PLANS for the partial privatisation of Italian State Railways (FS) took a step forward on November 23 when Italy's Council of Ministers granted preliminary approval for the sale of a 40% stake in the company.

German Rail (DB) has launched a major restructuring of its organisation and a reduction in its management team in the wake of an 18.2% drop in Ebit for the first half of 2015, and a 39% fall in after-tax profit from €642m to €391m, reports David Briginshaw.

Buoyed by a strong balance sheet, Italian State Railways (FS) is currently embarking on an ambitious programme of restructuring, infrastructure investments and service improvements. A year since his appointment as CEO, Michele Elia speaks exclusively to Kevin Smith about how the railway is progressing with these plans.