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FS Italiane signs Trainose sale and purchase agreement

Italian state railway group is the sole bidder in TrainOSE privatisation

Italian State Railways (FS Italiane) and the Hellenic Republic Asset Development Fund (HRADF) signed on January 18 the sale and purchase agreement of Greek national train operator Trainose. In July 2016, FS Italiane was declared “preferred investor” by HRDAF which accepted the Eur 45 million offer. “The acquisition of Trainose is an opportunity of …

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Italy’s state railways, preferred investor for TRAINOSE privatization

Greece's new government to cancel privatisations plans

The Hellenic Republic Asset Development Fund (HRADF) accepted today the EUR 45 million offer for the sale of 100% stake in TRAINOSE SA. and declared Ferrovie Dello Stato Italiane SpA as the preferred investor. “The HRADF completes a process that began three years ago. The privatization of TRAINOSE secures not only the …

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Italian state railway group is the sole bidder in TrainOSE privatisation

Italian state railway group is the sole bidder in TrainOSE privatisation

The Hellenic Republic Asset Development Fund (HRADF) has announced that the procedure for the submission of binding offers for the sale of 100% stake in TrainOSE SA. and EESSTY SA. (ROSCO) was completed today. Regarding TRAINOSE, a binding offer was submitted by Ferrovie Dello Stato Italiane S.p.A. The relevant procedure described …

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Russian Railways and FS Italiane in the race to acquire Greece’s TRAINOSE S.A

Italian state railway group is the sole bidder in TrainOSE privatisation

The Hellenic Republic Asset Development Fund (HRADF) has announced that three investment groups expressed their initial interest for the sale of 100% stake of TRAINOSE S.A . The investment groups are: • Ferrovie dello Stato Italiane S.p.A. • Russian Railways • GEK TERNA SOCIETE ANONYME HOLDINGS REAL ESTATE CONSTRUCTIONS HRADF’s advisors …

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New rail freight operator to enter the Greek market

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London-based Piraeus Europe Asia Rail Logistics has applied for a freight operator licence on the Greek railway network. The company to be the third rail freight operator in Greece submitted last month the licencing documentation required by the The Greek Authority for Railways (RAR). The Chinese multinational Cosco, which holds the concession for Piraeus …

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Greece sets new deadline for TrainOSE and ROSCO privatisation

Greece's new government to cancel privatisations plans

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) has decided to amend the schedule for the international tenders regarding the sale of 100% stake in TrainOSE and EESSTY (ROSCO). HRADF has received requests from three potentially interested investors of TrainOSE to extend the deadline for submitting the Expression …

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Rail Cargo Logistics Goldair, first private rail freight operator in Greece

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The Greek Railway Authority for Railways (RAR) has awarded Rail Cargo Logistics Goldair a license to operate on the Greek railway network. Established in 2014, Rail Cargo Logistics Goldair is a joint venture between Rail Cargo Logistics – Austria GmbH (49%) and Goldair Group (51%), which is one of the biggest transportation and logistics companies in …

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Greece relaunches tender for TrainOSE privatisation

Italian state railway group is the sole bidder in TrainOSE privatisation

The Hellenic Republic Asset Development Fund (HRADF) has announced it has decided to relaunch the international tender for the sale of 100% stake in TrainOSE.   HRADF’s goal is to raise the investor’s interest on TrainOSE, which currently operates as the sole provider of rail services in Greece. Each interested party wishing to …

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Binding offers for Trainose and ROSCO expected by the end of year

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Binding offers for Greek railway operator Trainose and rolling stock company ROSCO are expected by the end of year, informed ANA – MPA press agency. In the next two weeks, the Greek government and the country’s privatization agency HRADF will announce the dates for the tenders that concern the sale of majority …

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Russian Railways continues negotiations for Greece’s national rail operator privatisation

Russian Railways is still interested in the privatisation of Greece’s national railway operator TRAINOSE, rolling stock repair and maintenance firm ROSCO and Thessaloniki Port. Russian Railways prefers to acquire the assets simultaneously. Russian Railways CEO Vladimir Yakunin made this announcement in a meeting with the Public Chamber of the Russian Federation, reports Ria Novosti. According to him, “nothing …

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