Greece

Greece

Privatisation of TrainOSE S.A. railway company

16 Jan 2017

The Greek Court of Auditors approved the sale of the state-owned railway operator TrainOSE to Italian railways Ferrovie dello Stato. The privatisation is part of the bailout deal signed by Greece in 2015. The Greek Government committed to sell TrainOSE and other public utilities with the aim of generating total revenue of EUR 5.8 billion by 2018.