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New rail freight operator to enter the Greek market


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 container port and is expected to assume a controlling share and management of the Piraeus Port Authority (OLP) this year, said they are cooperating closely with Piraeus Europe Asia Rail Logistics. The latter has also signed contracts and is shipping through the railway operators in the former Yugoslav Republic of Macedonia (fYROM) and Serbia – the direct northern rail route from Greece, informs Naftemporiki.

In February 2016, Rail Cargo Logistics Goldair obtained an operator licence and was the first private rail freight operator in Greece. Established in 2014, Rail Cargo Logistics Goldair is a joint venture between Rail Cargo Logistics – AustriaGmbH (49%) and Goldair Group (51%), which is one of the biggest transportation and logistics companies in Greece.

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