Hellenic Railways Organization
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Gov’t to introduce new bills about innovation, mergers
Three new bills, in addition to the new fiscal framework, are being prepared for submission to Parliament within 2024, National Economy and Finance Minister Kostis Hatzidakis revealed on Tuesday, while speaking at the Real Investment Summit 2024.
Railway companies to be consolidated, gov’t announces
A single agency will be set up to manage the railway infrastructure in Greece by incorporating the three subsidiaries of state-run Hellenic Railways Organization (OSE), the Infrastructure and Transport Ministry has said.
Report points to delays in restoring signaling network
A 2021 study by the National Transparency Authority details a "maelstrom" of errors and delays in restoring signaling on the Greek rail network.
Gordian knots binding us to failure
There are too many unresolved problems and maladies to count behind the tragedy at Tempe, chief among which is the inadequacy and improbity of the political system.
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OSE reports improved financial performance
The Hellenic Railways Organization (OSE) reported improved financial results in 2018, with its earnings before interest, tax depreciation and amortization (EBITDA) showing a 93 percent improvement from 2017: In absolute figures EBITDA amounted to just -430,000 euros, against -6.11 million in 2017, approaching the desired result - zero EBITDA - for the corporation, so as to stop incurring losses
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OSE launches probe into removal of electric cables
The Hellenic Railways Organization (OSE) has launched an investigation into the damage caused to electric cables on a section of the line between Lianokladi and Domokos in central Greece, which was spotted before it could cause an accident.
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