Italy’s state-owned company Ferrovie dello Stato was the sole candidate to submit an offer for the privatization of Greek railways operator TrainOSE.
“The procedure for the submission of binding offers for the sale of 100 percent stake in TrainOSE SA. and EESSTY SA. (ROSCO), the rolling stock maintenance company, was completed today,” the Hellenic Republic Asset Development Fund (HRADF) said in a statement.
Despite initial expression of interest by the Russian railway company RZD, the second TrainOSE international tender in a year closed with one bidder.
HRADF had annulled the first tender although more expressions of interest had been submitted “in order to attract bigger interest by investors,” according to an official statement at the time.
The fund’s board of directors will convene to consider the next steps, as no binding offers were submitted for ROSCO.
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