Greece: the deadline for railway privatisation set for December

TrainoseHellenic Republic Asset Development Fund (HRADF), has set the deadlines for the submission of binding offers for national railway operator Trainose and Hellenic Company for Rolling Stock Maintenance (Rosco). The agreed deadline is December 2015.
Last year 3 bidders were granted access to detailed financial information for the elaboration of the final bids for the acquisition of Trainose. These were SNCF (France), Russian Railways-Gek Terna JV, and Grup Feroviar Roman (Romania).
Within the tender for the acquisition of Rosco, also three bidders were qualified: Siemens, the Alstom and Damco Energy partnership and Railways-Gek Terna JV.
In January, the newly government annouced it will revise the national privatisation plan, though there were many processes in the final stage.


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