A new international tender for the state-run rolling stock maintenance provider, known by its English-language acronym of Rosco, may be announced this week, roughly a week after a previous tender failed yield even a single binding bid for the company.
A new international tender for the state-run rolling stock maintenance provider, known by its English-language acronym of Rosco, may be announced this week, roughly a week after a previous tender failed yield even a single binding bid for the company.
Rosco, or Essty S.A. in its Greek-language form, was established in 2013 when the wholly state-owned and managed Hellenic Railway Organization (OSE) was broken up. The breakup of OSE yielded the rail operator, Trainose, Ergose, the construction arm of the railroad company and Rosco, among others.
OSE still owns, maintains and operates all railway infrastructure in the country.
According to privatization fund chairman Stergios Pitsiorlas on Monday, the Italian rail operator by Ferrovie Dello Stato Italiane (FS) is viewed as the likeliest candidate to submit an offer, in a new tender, with a view to assuming the company.
The reason, of course, is the fact that FS submitted a successful bid for Trainose last week. The 45-million-euro offer was unanimously accepted by TAIPED’s board.