November 15, 2019
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- OceanRail Logistics (group COSCO) acquires 60% of the railway society Greek PEARL
- The company of the Chinese group will obtain the licence in order to operate as railway enterprise in Europe
In recent days the Greek OceanRail Logistics, society integrally controlled from shipowning group Chinese COSCO Shipping, has undersigned an agreement in order to acquire 60% of the capital of the Greek Piraeus Europe Asia Rail Logistics (PEARL), society that work services of railway traction and railway shipment from and for the port of the Pireo and other Greek ports.
- Thanks to the acquisition the OceanRail Logistics, that it is constituted at the end of 2017, will obtain the licence in order to operate as railway enterprise in Europe.

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