Greece

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...

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...

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...

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...

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...

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...

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...

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...

Thessaloniki Port Authority (OLTH) on Monday submitted an application in order to receive a license for the creation and operation of the metropolitan waterway. The waterway will offer four docking positions at least and will offer the mandatory operative support...

On Thursday, the Hellenic Republic Asset Development Fund (TAIPED) announced a change in the conditions of the ongoing tender process for the acquisition of the majority of the share capital of the Thessaloniki Port Authority in Northern Greece. The tender process for the Thessaloniki Port...

After eight candidates have stepped forward in response to the tender announced by the Hellenic Republic Asset Developement Fund (TAIPED) for the 67% stake of Thessaloniki Port Authority, Skopje has expressed interest in buying 7% of the organization. The Skopjan...

    Russian Railways is interested in buying the Greek railway company TRAINOSE, the repair company Rosco and the Thessaloniki Port, having submitted an initial application of interest in the framework of the provided procedures, said Russian Railways chief Vladimir Yakunin,...

Cruise ship “Minerva” dropped anchor today in Thessaloniki port during her first and last journey with availability for this year. Its 335 passengers will have the opportunity to wander around the old historic city and buy souvenirs before departing...

First flight carrying tourists for Summer 2020 arrives to fanfare at Thessaloniki's Alexander the Great Airport on Monday. Photo source: AMNA Life seems to be slowly but surely going back to normal once again in Greece as it reopens its...

Greece is officially open to tourists as of Monday, with the first international flights expected into Athens and the northern city of Thessaloniki, where passengers will not face compulsory coronavirus testing upon arrival. However, visitors to Greece will still be...