x

Economy

Four Candidates in Tender to Buy at Least 67% of Alexandroupolis Port

October 17, 2020

ALEXANDROUPOLIS, Greece — Hellenic Republic Asset Development Fund (HRADF) on Friday announced that four interested parties have submitted an expression of interest for the acquisition of a majority stake of at least 67% of the Alexandroupolis Port Authority.

In an announcement, HRADF said that expressions of interest were submitted by the following parties (in alphabetical order):

1) Cosnsortium composed of the companies Cameron SA-Goldair Cargo SA-Bollore Africa Logistics

2) Consortium International Port Investments Alexandroupolis, composed of the companies Black Summit Financial Group- Euroports-EFA Group and GEK TERNA.

3) Quintana Infrastructure & Development

4) Thessaloniki Port Authority

HRADF's advisors will evaluate the above expressions of interest and submit their recommendation to the Fund’s board of directors regarding the candidates who qualify for the next phase of the tender (binding offers phase).

The Alexandroupolis Port Authority SA (OLA) was granted the right to exclusively use and operate the buildings, land and facilities of the port land-side zone of the port of Alexandroupolis and the fishing shelter of Makri by virtue of a concession agreement with the Hellenic Republic.

OLA also has administrative jurisdiction over the port of Kamariotissa in Samothraki and the Therma fishing shelter of Samothraki.

The development "justifies the government's strategic planning for the development of Greece's ports and its methodical approach to ensure the planning is implemented successfully," Finance and Shipping Ministers Christos Staikouras and Yiannis Plakiotakis, respectively, said in a joint statement the same day. "We move on steadily to turn our ports into pillars of a strong development regionally and nationally, providing multiple and significant benefits to local communities and the Greek economy as a whole," they added.

RELATED

ATHENS - Amid complaints that letting rich foreigners qualify for Greek Golden Visas by buying property has dried up supplies and driven up rents and purchase prices, more investors want to take advantage of putting money in bank deposits.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

Licensing your intellectual property rights (IP) to a third-party as an additional source of revenue through the commercial exploitation of your IP or for expansion purposes can be an effective strategy to grow your business and extend your reach.

Cyprus and the European Parliament weren’t ready for Fidias Panayiotou, who had no qualifications to run for a seat in the 720-member body, which made him more qualified than most of the people in there.

To the Editor: Greeks are well aware that U.

Joseph Kenworthy was a British member of parliament who disliked and distrusted prime minister David Lloyd George’s Near East foreign policy and support of the Greeks.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.