Three binding offers for 67% of the Igoumenitsa Port Authority

Prospective suitors and when bids will open

Three binding offers for 67% of the Igoumenitsa Port Authority

Three binding offers for the acquisition of a majority stake of 67% in the share capital of the company “Igoumenitsa Port Authority SA,” were received on Friday, August 5, 2022, Hellenic Republic Asset Development Fund – HRADF, a member company of the Superfund.

Read also – Greek Ports: The schedules of the procedures for Thessaloniki, Alexandroupolis, Kavala and Igoumenitsa

Binding offers were submitted by the following investment schemes (in alphabetical order):
1. ATTICA A.E. PARTICIPATION & ACTOR CONCESSIONS S.A.
2. JOINT VENTURE GRIMALDI EUROMED S.p.A. – MINOAN LINES A.N.E. & INVESTMENT CONSTRUCTION COMMERCIAL AND INDUSTRIAL SA.
3. OLTH S.A. (Thessaloniki Port Authority)

The tender evaluation process in accordance with the terms of the invitation to submit binding tenders will start immediately.

The financial offers of the investors who meet the tender conditions will be unsealed at the next meeting of the Board of Directors of the Fund, following all the prescribed procedures.

The Igoumenitsa Port Authority has the right to exclusive use and operation of the grounds, buildings and facilities of the land port zone of the port of Igoumenitsa, the fishing shelter of Sagiada, the fishing shelter of Plataria and the pleasure boat anchorage in Sivota.

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