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Hellenic Train

Train operator in Greece

  • 9 min read
  • 4 chapters

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Through COVID-19 pandemic

The company was a subsidiary of the Hellenic Railways Organisation (OSE) until 2008, when it became an independent state-owned company until its privatisation in 2017. TrainOSE was acquired in September 2017 by the Italian national railway company Ferrovie dello Stato Italiane. In 2022 the company rebranded as Hellenic Train.

History

The company was a subsidiary of the Hellenic Railways Organisation (OSE) and had been since 2005. Before 2005 it had been an in-house service of OSE. In 2008 the company became an independent state-owned company. In 2017 it became a wholly owned subsidiary of the FS Italiane Group.

Privatisation

In December 2008 the Hellenic Republic Asset Development Fund became the sole shareholder of the corporation. A tendering process for the privatisation of TrainOSE began in July 2013. After a change in government the process was suspended in 2015, before recommencing in January 2016. Ferrovie dello Stato Italiane submitted the only binding offer, GEK Terna and Russian Railways submitted expression of interests but not formal offers.

On 14 July 2016, the privatisation agency accepted Ferrovie dello Stato Italiane's €45 million offer. The sale was completed on 14 September 2017. In 2022, TrainOSE was rebranded as Hellenic Train.

2023 railway disaster

On 28 February 2023, Greece suffered its worst rail disaster when 57 people died in the Tempi train crash, in which a Hellenic Train from Athens collided with a freight train coming from Thessaloniki. Many of the people on the passenger train were students returning from Carnival, while the freight train likely contained heavy steel plates and other construction material; the two trains collided at a combined speed of 160 kilometers per hour (100 mph). The station master reportedly failed to switch the rail line and advised the train driver to ignore a red signal, causing both trains to be switched to the same track. Following the train crash, services were suspended and it was announced that buses would replace train services until safety improved and the new signalling system is completed.

A limited service recommenced in April 2023 and the new signalling system was installed in September 2023. Full Athens to Thessaloniki services recommenced in December 2023.

During the 2025 Tempi protests, the anarchist group Rouvikonas raided the offices of Hellenic Train and raised a banner atop the building reading "Murderers". The group was sued by the company and its 25 members that participated in the raid faced trials but were all found innocent.

On the evening of 11 April 2025 a bomb, planted near the Hellenic Train offices, exploded causing damage to the offices, nearby cars and some nearby buildings. Police cordoned off the area after two Greek media organisations received warning calls that an explosive device would go off within 35 minutes.

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