Hellenic Train Raises €50 Million in Capital Increase to Strengthen Financial Stability
In a bid to enhance its financial stability and fund its investment plans, Hellenic Train has announced a capital increase of €50 million. This decision comes after the company reported negative equity due to losses in 2023. Trenitalia S.p.A., the sole shareholder, has approved the issuance of 3,096,000 new shares. The capital increase aims to improve the company’s financial structure and support the modernization of Greece’s railway system, reaffirming Trenitalia’s commitment to Hellenic Train’s development.