Greece said it has agreed to a new tender process for rail operator Trainose, frozen in 2014 for a lack of firm bids from three suitors. The Hellenic Republic Asset Development Fund (HRADF) said the process would resume from 1 February, with bids to be submitted before the 26 April deadline for binding offers.
The privatisation is part of Greek plans to improve its finances under the terms of its EU bailouts. Initial interest came from SNCF, Russia’s RZD and US-Romanian Watco-Grup Feroviar.
HRADF said new suitors had been urged to present themselves by 16 January following Athens’ most recent bailout agreement last July after which a number of interested parties had come forward, including one from the United States
Share on:
