Greek railway news – Page 2
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Metro Report InternationalRoad traffic expected to fall as Athens metro extension opens
GREECE: A 4 km extension of Athens metro Line 3 was officially inaugurated by Prime Minister Kyriakos Mitsotakis and Transport Minister Kostas Karamanlis on July 6, with revenue services starting the following day. The extension from Agia Marina adds three new stations at Agia Varvara, Korydallos and ...
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NewsCisalpino Pendolinos to work Athens – Thessaloniki line
GREECE: Following its acquisition of national passenger operator Trainose, Italy’s FS Group has decided to deploy its 200 km/h ETR470 tilting trains to accelerate inter-city services on the Athens – Thessaloniki main line. This follows trials with one of Trenitalia’s multi-system ETR485 trainsets last year. The first of five ...
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NewsTrams on test in Piraeus
GREECE: Testing on an extension of the Athens tram network to Piraeus began on February 7. The 5·4 km single-track loop runs through the centre of Piraeus to the port. Starting at Neo Faliro station on metro Line 1, it runs to Akti Posidonos, before returning to terminate at ...
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NewsGreek rolling stock maintenance privatisation deal signed
GREECE: The share transfer agreement for the sale of 100% of rolling stock maintenance business EESSTY to the Trainose train operating subsidiary of FS Group for €22m was signed by the Hellenic Republic Asset Development Fund privatisation agency on October 29. EESSTY was spun out of the former state railway ...
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NewsPendolino to be tested in Greece
GREECE: One of the ERT485 Pendolino trainsets which Trenitalia uses in Italy is on its way to Greece for testing with a view to possible future deployment on the Athens – Thessaloniki route. Ongoing upgrading projects including the 54 km new alignment between Tithorea and Lianokladi have raised the maximum ...
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NewsAlstom signs Athens tram contract
GREECE: Attiko Metro signed a contract with Alstom on July 27 for the supply of 25 trams. The contract is worth €54m excluding VAT, and includes spare parts and maintenance equipment. The EU is providing co-funding from its European Regional Development Fund. The first tram is expected to enter ...
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NewsBid for Greek rolling stock maintenance business accepted
GREECE: The Hellenic Republic Asset Development Fund privatisation agency has accepted an ‘improved financial offer’ from FS Group-owned train operator Trainose for EESSTY, the rolling stock maintenance business which was spun out of the former state railway OSE. HRADF has made a number of attempts to sell EESSTY under a ...
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NewsRCG venture runs Greek freight trains
GREECE: Open access freight venture Rail Cargo Logistics Goldair began operating its own trains on the national rail network on June 27, when it dispatched an initial trip from the RCG terminal at Sindos near Thessaloniki to Idomeni on the border with Macedonia. The joint venture between Austria’s Rail Cargo ...
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NewsNew alignment opens with the longest railway tunnel in the Balkans
GREECE: The first train ran on the recently-completed 54 km Tithorea – Lianokladi line on February 2, following the formal handover of the new line on January 31. The route forms part of a 106 km double track alignment which is being built between Tithorea and Domokos to replace a ...
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Metro Report InternationalIndra awarded Thessaloniki metro ticketing contract
GREECE: Indra has won a contract to supply an automated fare collection system for the metro line under construction in Thessaloniki. Indra will supply equipment including ticket vending machines and gates for the 13 stations on the line due to open in 2020. It is envisaged that ...
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NewsFS completes acquisition of Greek national operator Trainose
GREECE: Italian state railway group Ferrovie dello Stato Italiane completed its acquisition of Greek national train operator Trainose on September 14, when the €45m transaction was officially closed during an Italy-Greece bilateral summit. Privatisation agency Hellenic Republic Asset Development Fund had named FS as preferred bidder on July 14 2016. ...
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News
State aid for Greek and Bulgarian railways approved
EUROPE: The European Commission has decided that financial support being provided by Greece and Bulgaria for their national railways is compatible with EU state aid rules. The Commission said its decisions showed that state aid controls are able to address ‘problematic issues’ around debt levels at some incumbent operators, helping ...
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NewsGreek transport projects to receive EU funds
GREECE: Metro projects in Thessaloniki and Athens are to receive investment from EU cohesion funds, the European Commission announced on March 24. The grants form part of a €1·3bn funding package that would allow projects started in the 2007-13 EU budget period to be completed in the 2014-20 budget period. ...
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NewsFS signs deal to buy Greek national train operator
GREECE: The share purchase agreement for Italian state railway group Ferrovie dello Stato Italiane to buy 100% of Greek national passenger and freight train operator Trainose was signed on January 18. Privatisation agency Hellenic Republic Asset Development Fund had named FS as preferred bidder on July 14 2016. Russian Railways ...
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NewsGreece makes another attempt to privatise rolling stock business
GREECE: Hellenic Republic Asset Development Fund has re-launched the process to privatise Hellenic Company for Rolling Stock Maintenance (EESSTY). Also known as ROSCO, the state-owned business was spun-off from national railway OSE in 2013. It is currently the sole provider of rolling stock maintenance and repair services in Greece, holding ...
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NewsPrivatisation agency accepts FS bid for Trainose
GREECE: The Hellenic Republic Asset Development Fund confirmed on July 14 that it had accepted an €45m offer from Italian state railway group Ferrovie dello Stato Italiane for 100% ownership of Greece’s national passenger and freight train operator Trainose. This followed positive recommendations from HRADF’s advisers, two independent valuations and ...
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NewsGreek railway privatisation attracts one bid
GREECE: Italian state railway group Ferrovie dello Stato Italiane submitted the only binding offer for a 100% stake in Greece’s national passenger and freight train operator Trainose, the Hellenic Republic Asset Development Fund announced on July 6. The privatisation agency said the assessment of the bid would commence immediately. Russian ...
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NewsThree expressions of interest in Trainose privatisation
GREECE: Three potential investors submitted expressions of interest in the privatisation of 100% of national train operator Trainose by the April 15 deadline, the Hellenic Republic Asset Development Fund has announced. They are: Italian state railway group Ferrovie dello Stato Italiane SpA;Russian national railway RZD;Gek Terna Societe Anonyme Holdings Real ...
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NewsGreece extends rail privatisation deadlines
GREECE: The Hellenic Republic Asset Development Fund has extended the timetable for the submission of bids for 100% stakes in national train operator Trainose and rolling stock maintenance business EESSTY, also known as Rosco. HRADF said three investors interested in Trainose had requested an extension to the March 21 deadline ...
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NewsGreece restarts Trainose privatisation
GREECE: The Hellenic Republic Asset Development Fund privatisation agency has relaunched the planned sale of national train operator Trainose, a process which began in 2013 but was suspended following a change of government last year. Announcing the restart of the process on January 27, HRADF said it planned to ...
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