The Greek state’s privatization fund, TAIPED, on Wednesday announced that a single binding bid was submitting for a 100-percent stake in Trainose, the state-run company that still comprises the only passenger and freight rail operator in the country.
A relevant deadline ended on Wednesday.
The binding bid for Trainose was submitted by Italy-based Ferrovie Dello Stato Italiane S.p.A.
No bids were fielded for an affiliated rolling stock maintenance company, known by the Greek-language acronym EESSTY – Hellenic Company for Rolling Stock Maintenance S.A.
According to a press release by the privatization fund, whose full name is the Hellenic Republic Asset Development Fund, “the relevant procedure described in the process letter of the tender will commence immediately.”
According to information on its website, Ferrovie dello Stato Italiane S.p.A. is a government-owned holding company that manages infrastructure and services on the Italian rail network. One of its subsidiaries, Trenitalia, is the main rail operator in Italy.
