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Athens Macedonian News Agency: News in English, 16-07-22

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greek FM, Cypriot counterpart have working meeting to discuss progress in Cyprus talks
  • [02] HRADF relaunches ROSCO privatisation process

  • [01] Greek FM, Cypriot counterpart have working meeting to discuss progress in Cyprus talks

    Foreign Minister Nikos Kotzias and Cyprus Foreign Minister Ioannis Kasoulides had a working meeting in Athens on Friday, discussing the progress in the negotiations on the Cyprus issue, with emphasis on the issue of security, as well as the repercussions of the failed coup in Turkey and Greek-Cypriot cooperation in the framework of trilateral agreements.

    In statements after the meeting, Kotzias once again expressed Greece's support for the talks to find a just solution to the Cyprus issue and noted that "serious steps have been made." He said that this solution must be productive and democratically correct, which meant that "the regime of guarantees must be abolished and the Turkish occupation troops must withdraw."

    Kasoulides said the meeting had been productive and noted the need for a system that will make all Cypriots feel equally safe, whether they are Greek Cypriots or Turkish Cypriots. Such a system had no room for either guarantee conditions nor the presence of Turkish troops, he added.

    [02] HRADF relaunches ROSCO privatisation process

    Hellenic Republic Asset Development Fund (HRADF) on Friday decided to re-launch the privatisation process for ROSCO – the Hellenic Company for Rolling Stock Maintenance SA - through a competitive tender process for the sale of shares corresponding to 100% of the share capital of ROSCO.

    The Fund invites interested parties to submit, either as single legal entities or as consortia, binding offers for the acquisition of shares corresponding to 100% of ROSCO's share capital. Investment Bank of Greece, Kantor Management Consultants, Louis Berger, Hogan Lovells International LLP and M. & P. Bernitsas Law will act as advisors to the process.

    ROSCO operates as a company providing maintenance, repair and reconstruction services in respect of rolling stock for railways and other track-based systems.

    ROSCO is currently the sole provider of rolling stock maintenance services in Greece. ROSCO was established as an independent corporate entity in 2013, via a spin-off of the rolling stock maintenance business unit of OSE S.A, the manager of the Greek National Railway Infrastructure.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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