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Russian Railways halts participation in Greek rail operator privatization

July 06, 2016, 18:35 UTC+3

The company says the decision taken as the available information available does not allow to fully evaluate development prospects of the asset

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MOSCOW, July 6. /TASS/. Russian Railways will not continue participating in the tender for privatization of the Greek railway operator TrainOSE, the Russian company said on Wednesday.

"Information available to date, including in respect of certain key aspects of TrainOSE operators, does not make possible to fully evaluate current status and development prospects of this asset. Russian Railways decided in such conditions to refrain from submitting a price bid for TrainOSE acquisition," the Russian Railways said.

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