Greece

Greece

Government accepts privatization offer for railway operator

14 Jul 2016

On 14 July 2016, the Hellenic Republic Asset Development Fund (HRADF) accepted the privatization offer of EUR 45 million for the sale of a 100 per cent stake in TRAINOSE SA (Greek railway operator), submitted by Ferrovie Dello Stato Italiane S.p.A. The HRADF completes a process that began three years ago. The completion of the transaction is subject to the competent authorities’ approvals.