September 7, 2018 / 6:36 AM / 2 months ago

Greek metro operator shortlists three bidders for expansion project

ATHENS (Reuters) - Greece’s state-owned subway operator, Attiko Metro, has short-listed three interested groups of contractors in a tender for a 1.5 billion euro (1.4 billion pounds) expansion project, it said late Thursday.

The bidders are Greek contractor GEK Terna (HRMr.AT) with France’s Vinci (SGEF.PA) and Siemens (SIEGn.DE); J&P Avax (AVAr.AT) with Italy’s Ghella and France’s Alstom Transport (ALSO.PA); and Greek construction firm Aktor (HELr.AT) with Spain’s Ansaldo (STS.MI) and Hitachi Rail Italy;

The contractors have until Dec. 10 to submit their technical and financial offers, Attiko Metro said in a statement.

Construction of the 13 km (8 miles) expansion - which will be co-financed by European funds and loans by the European Investment Bank - is expected to begin in 2019 and will be completed within eight years.

Reporting by Angeliki Koutantou; Editing by Mark Potter

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