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Russian Railways considers establishing European rail operating company

Russian Railways (RZD) is considering the possibility of establishing and developing a rail operating company in Europe, informs Kommersant. According to Alexander Misharin, first vice-president of RZD, this could be the viable alternative to purchasing a debt-ridden rail operator. Previously, Misharin stated that RZD was interested in acquiring rail operators in Serbia, Greece and Germany. 

In April this year, RZD – GEK-Terna (Greece) consortium submitted a bid in the prequalification stage of the tender for Greece’s national rail operator TrainOSE privatization. However RZD decided not to participate in the second stage of the tender.

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