Trenitalia and Skoda place bids for Rosco

TAGS: Privatizations, Transport

Greece has received two expressions of interest for the purchase of Rosco, its rail maintenance company, the country’s privatization agency said on Monday.

It said it had received expressions from Ferrovie dello Stato Italiane SpA (Trenitalia) and Skoda Transportation.

Advisers to the privatizations agency, TAIPED, are set to recommend which candidates qualified for the next phase of the process, which involves access to detailed information on the asset and transaction terms.

The deadline for the submission of binding offers is December 5, 2016.