BUSINESS

Greece pushes back bid deadline for railway company again

TAGS: Privatizations, Economy

Greece has pushed back the deadline for the submission of binding bids for its railway maintenance company ROSCO by three months, its privatization agency HRADF said on Monday.

Greece has received two expressions of interest for the purchase of ROSCO, from Italy’s Ferrovie dello Stato Italiane and Czech trainmaker Skoda Transportation.

The previous bid deadline was due to expire on Nov. 3 after a four-month extension.

The agency said it decided to extend the deadline again, to February 14, after a request by one of the bidders.

[Reuters]

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