Four Greek Ports Get EU Financing For Infrastructure Upgrades
Four Greek ports across the country have secured EU financing for the implementation of significant infrastructure upgrades.
China’s Plan for a Canal Trade Route from Greece to Europe
China is considering to build a canal trade route from Greece to Europe through the Balkans in order to expedite the shipping of goods
Four Britons Arrested in Greece on Cocaine Smuggling Charges
Police in Greece announced on Friday that four British nationals have been arrested on drug smuggling charges after nearly 300 kilograms (660 pounds) of cocaine was found stashed in a shipment of bananas from South America. The suspects were arrested...
Greek State Wraps Up Sale of Thessaloniki Port
Greece's second-largest port has been sold off to a German-led group in a deal with €1.1 billion ($1.3 billion). Friday's deal is the culmination of the privatization of Thessaloniki port. Greece's government sold its 67-percent stake to a Deutsche Invest-led consortium on...
Thessaloniki Port Sold to German Fund
Although delayed for a few days, the announcement concerning the privatization of the Thessaloniki port came late on Thursday, by the country's liquidation fund. The Hellenic Republic Asset Development Fund has announced the sale of its 67% stake in Thessaloniki...
Greece Signs Sale of 67 pct of Thessaloniki Port
An agreement for the sale of 67 pct of the Thessaloniki port to South Europe Gateway Thessaloniki (SEGT) Limited, was signed at the offices of the Hellenic Republic Asset Development Fund (HRADF) on Thursday, following the approval of the...
Thessaloniki Port Sold to French-German Consortium
A joint venture of Deutsche Invest Equity Partners, with its subsidiary CMA CGM, Terminal Link and the Savvidis Group are to acquire 67% of Thessaloniki Port Authority SA (OLTH), with a binding offer of 231,926,000 euros. The total value of...
Three companies Submit Improved Bids for Thessaloniki Port's Privatization
Greece’s privatization fund HRADF announced on Friday it has received three improved binding financial offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority SA (OLTH). The improved financial offers were submitted by: - International Container Terminal Services...
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...
Piraeus Port Workers Prepare for Continuous Strike Over Privatization
Piraeus Port workers' unionists are preparing for a continuous strike in protest of the port's privatization and the new labor law that allows mass layoffs. The unionists have decided to start repeated 48-hour strikes on Monday. Docks II and III...
12Page 1 of 2