Calamos Supports Greece
GreekReporter.comGreek NewsEconomyTrainose Sold to Italian Company for too Low a Price

Trainose Sold to Italian Company for too Low a Price

Italian railways will buy Greece’s rail company Trainose after Athens accepted the group’s 45 million euro ($50 million) bid. Filippos Tsalidis, managing director of Trainose, told the Athens News Agency (AMNA-MPA) on Wednesday that the “company has paid for sins related with the past.”
He said that Trainose’s sale to the Italian railways was at a very low price, and he refered to the future of the rail company. He said that priority will be given to the workers and the clients until the transfer of the shares to the Italian company is completed underlining that the management will continue its development work.
Source: AMNA-MPA

See all the latest news from Greece and the world at Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!

Related Posts