HRADF signs share purchase agreement with Ferrovie for sale of TRAINOSE

EconomyMacroeconomy Tags: Privatisations
Photo via Flickr https://flic.kr/p/9SDyrr
Photo via Flickr https://flic.kr/p/9SDyrr

The Hellenic Republic Asset Development Fund (HRADF) said on Wednesday it has signed the share purchase agreement for the sale of 100 percent in TRAINOSE (operation and management of railway activities) to the Italian Ferrovie Dello Stato Italiane for a consideration of 45 million euros.

The signing follows a relevant approval by the Court of Audit on Monday.

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