
ERGOSE raises speeds on two fronts to turn the page on Greek railways. In order to ink the six new generation projects of the big package of 4 billion euros, in the first quarter of 2023, the tenders are “running” with strict deadlines. The projects that were auctioned in the last two years, amounting to 515.3 million euros, are underway, while contracts that have been dragging along are coming to an end by the end of 2022, bringing closer the goal of the Athens – Thessaloniki route to be travelled in 3 hours and 15 minutes.
The President and CEO of ERGOSE, Mr. Christos Vinis, yesterday, at a press conference, gave an account of the work of the last two years, “since taking office in October 2019, we focused on solving timeless problems. Our goal is to ‘unlock’ critical projects and to proceed with their implementation, in order to modernize the Greek railway network.”
When will the modernization of the Athens-Thessaloniki axis be completed?
In the above context, the contract – legend of the Greek railway, the well-known 717, which has lasted for 10 years, is finally expected to be completed at the end of 2022. This is the biggest obstacle that the current management of ERGOSE was called upon to overcome, solving a tangle of problems, claims for compensation, financial obstacles. After its reactivation in 2020, the following sections have already been handed over to OSE for use: Plati – Thessaloniki, SKA – Oinoi and Paleofarsalos Railway Station, Thessaloniki – Promachonas.
Essentially, with the completion of this contract, which concerns the installation of signaling and ETCS on the main axis, as well as the second axis of the Gallikos Bridge, also within 2022, the way is now open for the journey from Athens to Thessaloniki by train to take just 3 hours and 15 minutes. This will mean the end of active contracts on the country’s main railway axis. However, there will be maintenance contracts that are part of active contracts, while work will be done only around the line.
The competition for the construction manager is under way
At the same time, bidding competitions, which started in the previous two years by ERGOSE, are already in various phases of development, totaling 515.3 million euros. These are projects that aim mainly at upgrading the existing network with the installation of electrical cabling, signaling and telecommunications systems.
In particular, for the subsidy and electrification project in Rododafni – Rio, the second registration of minutes is already being prepared by the Tender Committee. At the same stage, the second phase of the Athens Railway Station and the electrification for the section Paleofarsalos – Kalampaka are at a similar stage. Also, the electrification contract of Kiato – Rododafni has been sent to the Court of Auditors for approval, while for two projects an invitation for the signing of the contract has been sent. This is the installation of an electric drive and signaling system on the line Larissa – Volos and the installation of signaling for the Thessaloniki – Eidomeni line. Finally, the station in Agios Panteleimon of Pieria is already under construction.
Given the large geographical spread of the projects and the need to assist the company in the implementation and supervision of ongoing projects, ERGOSE is hiring a ConstructionManager. According to Mr. Vinis, the pre-approval has already been received from the managing authority and the tender will proceed immediately. It is noted that the Construction Manager will undertake the assistance of the company in the open contracts, which correspond to an outstanding approximately 300 million euros, as well as in the new ones worth 515.3 million.
Full steam ahead for the competitive dialogue
The head of ERGOSE appeared optimistic about the six major projects of the competitive dialogue, which aim to connect the country’s major ports to the network, but also to improve the country’s cross-border connections with Bulgaria and Turkey. It is estimated that within the next two months, the Committees of the six tenders, which add up the largest package of projects for Greek rails, amounting to 4 billion euros, will have completed the First Minutes.
The second and most demanding stage of the process, that of competitive dialogue, will then be announced. It is noted that it is foreseen that there will be a four-on-four consultation with the interested economic actors in order to reach the optimal solution for each project. ERGOSE’s scheduling, as long as there are no obstacles for appeals from the participants, wants this stage to be completed in one year and the contracts to be signed in the first quarter of 2023.
In this very demanding and tight process ERGOSE will be assisted by six project managers to find the best solution, control the implementation studies and supervise works.


Latest News

EU Praises Greece’s RRF Progress as Revised Recovery Plan Nears Completion
Athens is preparing to submit its revised “Greece 2.0” Recovery and Resilience Plan after Easter, with a slight delay from the initial timeline but with the European Commission’s approval.

Greek €200M 10Y Bond to be Issued on April 16
The 3.875% fixed-interest-rate bond matures on March 12, 2029, and will be issued in dematerialized form. According to PDMA, the goal of the re-issuance is to meet investor demand and to enhance liquidity in the secondary bond market.

German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.

Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.

Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.

Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.

FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.

Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.

Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.

Civil Protection Minister Details Summer Firefighting Plans at Delphi Forum
At the 10th Delphi Economic Forum, Minister of Climate Crisis and Civil Protection Yiannis Kefalogiannis discussed Greece's plans for the upcoming fire season.