Tren­i­talia wins Train­ose ten­der

TAIPED happy with sole bid­der’s of­fer of 45 mil­lion eu­ros; trans­ac­tion should be com­plete by year-end

Kathimerini English - - Focus - BY VANGELIS MANDRAVELIS

Af­ter 14 re­gional air­ports and Pi­raeus Port Au­thor­ity, Greece’s left­ist-led gov­ern­ment con­firmed its third pri­va­ti­za­tion project yes­ter­day – against the odds – ap­prov­ing the sale of rail­way service com­pany Train­ose to Italy’s Tren­i­talia.

The gov­ern­ing board of state pri­va­ti­za­tion fund TAIPED yes­ter­day ac­cepted the sole of­fer made by Fer­rovie dello Stato Ital­iane (widely known as Tren­i­talia) for 100 per­cent of Train­ose. The Ital­ian com­pany bid 45 mil­lion eu­ros and was se­lected as the pre­ferred bid­der. If all goes well, the trans­ac­tion will be com­pleted within 2016.

Ac­cord­ing to its state­ment yes­ter­day, TAIPED ac­cepted Tren­i­talia’s of­fer af­ter tak­ing into ac­count the fa­vor­able opin­ion of its con­sul­tants re­gard­ing the va­lid­ity of the of­fer on the ta­ble, the two as­sess­ments made by two sep­a­rate con­sul­tants, and the pos­i­tive opin­ion by the Ex­perts’ Coun­cil.

Sources say that both as­sess­ments TAIPED re­ceived con­cern­ing Train­ose were be­low the price that Tren­i­talia of­fered, and it is in fact the first time since TAIPED was founded that it has not had to ask for an im­proved price in a ma­jor ten­der with only one bid­der.

Yes­ter­day the head of Tren­i­talia’s in­ter­na­tional ac­tiv­i­ties, Re­nato Maz­zoncini, as­sured TAIPED board mem­bers and the Ex­perts’ Coun­cil that the Ital­ian com­pany in­tends to de­velop Train­ose, while he stressed that Tren­i­talia wishes to work with the co­op­er­a­tion of both ex­ist­ing em­ploy­ees and Greek so­ci­ety.

Cru­cially, Maz­zoncini added that Tren­i­talia is also interested in Rosco, the Greek rail­way main- 1.1157 ten­ance com­pany that failed to at­tract any suit­ors in its first pri­va­ti­za­tion ten­der. A new ten­der is ex­pected to be an­nounced in the next few days.

Sources add that the Ital­ian of­fi­cials have fur­ther said they have more plans for Greece, with mar­ket pro­fes­sion­als es­ti­mat­ing that Tren­i­talia could en­ter the de­vel­op­ment of rail­way in­fra­struc­ture or even seek the man­age­ment of the planned Thes­sa­loniki metro.

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