Ferrovie's Trainose plans entry in Greek metro systems

After Greek railway carriage maintenance company Rosco, Trainose's interest is turning to urban transport, notably the metro.

Fully controlled by Ferrovie dello Stato Italiane, railway service operator Trainose last week submitted the sole bid for the acquisition of 100 percent of Rosco's shares, as the Italians take their second step towards dominating the domestic railway market.

Kathimerini understands that Trainose is now about to expand its activity to the Athens and Thessaloniki metro systems. Greece's privatizations hyperfund, which is responsible for all urban transport companies serving the Greek capital, will soon have to make a decision on whether it will sell those enterprises entirely or approve the entry of strategic investors. Signs point to the Italians being present in the process concerning the metro systems.

After all, Ferrovie also has road...