TrainOSE

Greek railway service operator Trainose on Wednesday announced a cooperation with leading global digital wallet PayPal, which is now available to Trainose passengers from around the world for purchasing tickets both on the website and on mobile.

Not only is Trainose about to be declared the preferred bidder for 100 percent of railway carriage maintenance company Rosco, but it is now eyeing Greece's urban transport too.

On Friday state sell-off fund TAIPED accepted the improved bid for Rosco, which amounts to 22 million euros.

Railway operator Trainose is on Friday expected to table its improved binding offer for the acquisition of state railway carriage maintenance company Rosco. Italian-owned Trainose is expected to raise its initial offer of 9 million euros to 20 million.

Greek rail employees have decided to postpone a work stoppage that was planned for Thursday, reports say.

Greek rail employees on Tuesday announced work stoppages on Thursday, protesting the government's plans to privatize railway carriage maintenance firm Rosco.

The Panhellenic Federation of Railway Workers will stage a four-hour stoppage from 11 a.m to 3 p.m. that will affect all Trainose train services and the Proastiakos suburban rail.

Getting around Athens will be that much harder next week as trolley bus and Proastiakos suburban railway drivers have both announced stoppages.

On Wednesday, the capital will not have any trolley bus services from noon to 5 p.m. as workers attend a general assembly that had been postponed.

The tug-of-war over the future of railway carriage maintenance company Rosco continues between state sell-off fund TAIPED and the Italian-owned railway service firm Trainose.

The submission of the improved binding bid for Rosco, scheduled for Thursday, has been postponed for another couple of weeks, to April 26, highlighting the difficulty of the project.

The Greek railway operator Trainose on Monday launched an internal investigation into claims that an inspector made a 14-year-old boy get off a train at a station in Patra because he was 10 cents short for his ticket fare.

In comments to Alpha 989 radio station, the boy's mother said she wrote to Trainose and to Prime Minister Alexis Tsipras to complain about the incident.

After Greek railway carriage maintenance company Rosco, Trainose's interest is turning to urban transport, notably the metro.

Fully controlled by Ferrovie dello Stato Italiane, railway service operator Trainose last week submitted the sole bid for the acquisition of 100 percent of Rosco's shares, as the Italians take their second step towards dominating the domestic railway market.

The electronic ticketing system that is already in operation on the Athens metro and ISAP electric railway will extend on Monday to cover the Proastiakos suburban railway as well, operator Trainose has announced.