The Hellenic Republic Asset Development Fund (HRADF) has announced the signing of the share purchase agreement for the acquisition of a majority stake of 67% in the share capital of the Igoumenitsa Port Authority (IPA S.A.).
The agreement closed for a total price of EUR84.17 million (US$91 million) between the Fund and the joint venture consisting of the companies Grimaldi Group, Minoan Lines and General Commercial & Industrial S.A. The signature of the share purchase agreement takes place after the approval of the Court of Auditors.
This agreement will contribute to the full realization of the potential and competitive position of the Port of Igoumenitsa, for the benefit of the local community and the Greek economy.
Country updates
-
-
March 24, 2023
Contract awarded for Olympic Center PPP project in Greece
The Hellenic Republic Asset Development Fund (HRADF) has announced APLEKTON HOLDINGS CO. LIMITED as the highest bidder for the development of the former Olympic Equestrian Center of Markopoulo, A...
Read more -
March 02, 2023
Bidder announced for Markopoulo Olympic Equestrian Center PPP project in Greece
The Hellenic Republic Asset Development Fund (HRADF) has announced that it received 1 bid for the long-term lease of part of the former Olympic Equestrian Center of Markopoulo, Attica, Greec...
Read more -
February 22, 2023
Contract awarded for extension to Athens’ National Archaeological Museum PPP project
The Berlin-based architecture section of David Chipperfield Architects had won the competition for the National Archaeological Museum in Athens, Greece. The National Archaeologica...
Read more -
February 22, 2023
Contract awarded for property of former US base in Greece
The Hellenic Republic Asset Development Fund (HRADF) has announced that took place at the premises of the Fund the signing of the contract for the sale of the property of the former US base...
Read more -
February 06, 2023
EOI submitted for development of Volos Port Authority in Greece
HRADF has announced that 8 investment schemes submitted an Expression of Interest (EOI) for the development of Volos Port Authority S.A. (V.P.A.S.A.) in Athens, Greece. The following...
Read more
