•
a strong legal framework;
•
a complete investment and operational plan,
with clear performance targets as a decision-
making tool;
•
plans for the modernization of organizational
and operating structures, adapted to the needs
of each company.
The reorganization plan for rail-
ways
The first stage of reforms, and the pilot for any
consequent reform, of both the transportation
system, and other organizations and enterprises
of the wider public sector, was the plan for reor-
ganizing the Greek railway system.
The plan for Greek railways began with targeted
interventions, such as the new legislative frame-
work that, among others, supports compliance
with European laws and regulations, and will be
developed in the next two-years through the mod-
ernization and financial consolidation of the OSE
Group and TRAINOSE.
TRAINOSE, which provides passenger and
freight services, will become viable and properly
functioning as early as 2011.
Moreover, a provision has been made for the first
time for offsetting the cost of public service obli-
gations by €50 million per year.
Moreover, the aim, during the same period, is to
ensure that OSE operates on the basis of cost min-
imization and a rational organizational structure.
Ensuring the companies’ viability lays the founda-
tion for drafting and adopting an infrastructure
development plan during 2012, through the expan-
sion of the services offered by TRAINOSE and the
expansion of the operations of ERGOSE (OSE’s
subsidiary responsible for the management of the
organization’s investment projects) and GAIAOSE
(the organization’s subsidiary responsible for man-
aging and developing its real estate assets).
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