TRAINOSE SA, which was founded on 19.12.2005, was at the time of its formation a 100% subsidiary of OSE SA (Railway Company of Greece).
Since 1.1.2007, following the completion of the branch separation process and its transfer by the parent company OSE SA, TRAINOSE SA has taken over the operation and utilization of all transport (passenger, freight, etc.). Since then, it has been operating as a fully independent company with separate administration and organization, in accordance with the requirements of Community law.

The headquarters of TRAINOSE SA is in Athens, but the company maintains offices and operates across the geographic territory near its network.
The acquisition of the company PROASTIAKOS SA (which managed the Athenian suburban railway) by TRAINOSE SA was completed in July 2007 adding to its scope the management and operation of the suburban lines.
In December 2008, OSE SA transferred all the shares it held in the share capital of TRAINOSE SA to the Greek State, which as of 31.12.2008 held the total shares (100%) of the company.

In April 2013 all the shares of TRAINOSE SA were transferred to and taken over in full ownership by the HELLENIC REPUBLIC ASSET DEVELOPMENT FUND (HRADF), owned by the Greek State, and since then HRADF was the sole shareholder of the company.
On 18 January 2017, the contract for the sale of 100% of TRAINOSE SA to Ferrovie dello Stato Italiane Group (FSI) was signed by the CEO of HRADF and the CEO of FSI for a total amount of € 45 million.

 

 

Subscribe to MedCruise Newsletter