Contract signed for acquisition of Rosco by Trainose in Greece

Greek State privatizations fund TAIPED and rail service operator Trainose signed the contract for the sale of 100 percent of railway carriage maintenance company Rosco on Monday.

The agreement now requires the approval of the Competition Commission, which will decide on the form of Rosco’s acquisition by Trainose. The latter would prefer to fully absorb Rosco, but the regulator may force the maintenance firm to remain a separate subsidiary as it will also serve alternative rail operators, such as Real Cargo and Pearl.

Read more at ekathimerini.com

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: Tobias b k?hler License: CC-BY-SA 


 

 
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