RZD To Participate In Thessaloniki Privatisation


News: Russia's state-owned rail company Russian Railways (RZD)'s chief Vladimir Yakunin sought support from Russian president Vladimir Putin to take part in the privatisation of the Greek port of Thessaloniki, according to a news report. The deal also comprises of the privatisation of rail carrier TrainOSE and repair company Rosco; it is likely to be valued at EUR140mn (US$185mn). The selection of bidders in the privatisation of the Greek assets is due to begin in June, reports Kommersant, citing a letter from Yakunin to Putin on May 26. Companies from France, China and Arab states as well as Russian state agencies authorised by the government are also showing interest in the assets.

This article is tagged to:
Sector: Freight Transport, Shipping
Geography: Greece, Russia, Greece, Russia, Russia

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