The Hellenic Competition Commission is set to review a proposed joint venture between Hellenic Train and Damco Energy for the operation, maintenance, and construction of a railway station project in Greece. The project aims to enhance railway freight transportation and promote environmental sustainability.

Hellenic Train, part of the Italian Ferrovie dello Stato Italiane Group, holds a significant market share in railway freight services in Greece and has a monopoly position in railway maintenance services. Damco Energy, on the other hand, is active in the energy sector, specializing in construction projects and equipment supply for energy facilities.

The joint venture's formation is expected to impact competition by potentially strengthening Hellenic Train's dominant position in the railway freight market, leading to concerns about anti-competitive practices such as foreclosure of competitors. There are also fears that post-merger, Hellenic Train could gain access to sensitive commercial information, further affecting competition in the railway freight market.