Alexandroupolis port sale officially off, HRADF announces

Greece
Fri, 11 Nov 2022 6:39 GMT
The board of directors of the Hellenic Republic Asset Development Fund (HRADF) announced officially on Thursday the cancellation of a sale process for a majority (67%) stake in the Alexandroupolis port.
Alexandroupolis port sale officially off, HRADF announces

The board of directors of the Hellenic Republic Asset Development Fund (HRADF) announced officially on Thursday the cancellation of a sale process for a majority (67%) stake in the Alexandroupolis port.

HRADF's board also announced an initiative with the Ministries of Finance and Shipping & Island Policy to develop the port.

Prime Minister Kyriakos Mitsotakis had confirmed the cancellation when asked during an interview to ANT1 on Monday, adding that the port's high strategic importance justified keeping it under state control.

Greece's privatization agency also announced that the consortium of GEK Terna-AD Holdings AG was the preferred investor for the concession of the Larymna and Loutsios public mines managed by Larco, the General Mining and Metallurgical Company.

AMNA

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