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TAIPED

International Bidding Opens for 30 Percent Stake in Athens International Airport

An international bidding procedure has been launched for the sale of a 30 percent stake in Athens Eleftherios Venizelos International Airport SA (AIA), the largest airport in Greece. The country’s privatization agency, TAIPED, stated on Friday that the deadline for...

Have You Ever Seen the 'Desert of Greece'? (Video)

Close to Thines Vartholomio in Ilia, the "Desert of Greece" is an oasis like no other you have seen in Greece! You can enjoy a brief fly over of the "desert" spanning about 1,000 acres, boasting natural sand dunes that have accumulated...

Greece Accepts AIA's Improved 600 Million Euro Bid for Athens International Airport

The state-owned asset development fund of Greece, TAIPED, recently accepted AIA’s Canadian investors submission for the concession contract's extension by 20 years, which amounts to some 600 million euros in addition to 15 percent of annual operating profits. "AIA's improved...

Thessaloniki Port Authority Tender Will Sell-off Entire 67% Stake, Sources Report

Although the original plan for selling off a portion of the Thessaloniki Port Authority (OLTH) was to reallocate only 51 percent of the stakes and to sell off the remaining 16 percent at a later date, sources have reported...

Thessaloniki Port Tender in Process After Opposing Minister Leaves

The replacement of former shipping minister Theodoros Dritsas signified that procedures for the privatization of Thessaloniki Port Authority (OLTH) are restarting. The procedure for the privatization of OLTH has restarted, with binding bids for the Athens-listed corporation expected for January. Even...

Thessaloniki Port Authority's Privatization Project Back on Track

After refusing to sign concession contracts resulting in stalling the privatization procedures of the Thessaloniki Port Authority (OLTH) for over two months, Shipping Minister Theodoros Dritsas is out of a job. Dritsas' departure from his post has officials close to the...

Greek National Highway on Sale for €100 Million

Egnatia Odos, one of Greece's longest and newest national highways, is to be sold for 100 million euros, when its construction cost was 6.5 billion euros, according to a newspaper report. Efimerida ton Syntakton newspaper says that the privatization of...

Tsipras Points to COSCO Deal As a New Phase for Greece

Greek Prime Minister Alexis Tsipras signed a deal with Chinese shipping giant COSCO on Monday in an effort to "help the country stand on its feet." Addressing a business forum in Beijing, Tsipras said that "we are sending a...

Greek Parliament Ratifies Piraeus Port Majority Stake Sale to Chinese COSCO

Greek parliament on Thursday ratified the sale of the majority stake of Piraeus Port to China's COSCO, a day prior to the departure of Prime Minister Alexis Tsipras for Beijing for an official visit. The vote in parliament came one...

Former Athens Airport Land Sale Paves Way for Loan Tranche

The Greek government on Tuesday signed a Memorandum of Understanding with Lamda Development for the privatization of the former Athens airport land at Elliniko. The Hellenic Republic Assets Development Fund (TAIPED), Greece's state privatization agency, agreed with the consortium of...