Independent journal on economy and transport policy
19:40 GMT+2
This page has been automatically translated by Original news
OceanRail Logistics (group COSCO) acquires 60% of the railway society Greek PEARL
The company of the Chinese group will obtain the licence in order to operate as railway enterprise in Europe
November 15, 2019
In recent days the Greek OceanRail Logistics, society integrally controlled from shipowning group Chinese COSCO Shipping, has undersigned an agreement in order to acquire 60% of the capital of the Greek Piraeus Europe Asia Rail Logistics (PEARL), society that work services of railway traction and railway shipment from and for the port of the Pireo and other Greek ports.
Thanks to the acquisition the OceanRail Logistics, that it is constituted at the end of 2017, will obtain the licence in order to operate as railway enterprise in Europe.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher