Cosco did not bid for Greece’s rail network

Cosco’s deal to acquire 67% of the Piraeus Port Authority (OLP) was not followed by a bid to take control of Greece’s national rail company.

The Chinese conglomerate was thought to be among the interested parties for Trainose, the country’s distressed rail company.

But the Hellenic Republic Asset Development Fund (HRADF) said Ferrovie Dello Stato Italiane was the only company to submit a binding offer for Trainose.

Local