PRIVATIZATIONS

Major business groups seek berths in marina market

Major business groups seek berths in marina market

The concession process for some of the country’s marinas is speeding up

At the same time, two business schemes – the subsidiary of Lamda Development, Lamda Marinas Investment, and CVC Capital’s D-Marinas Hellas – have emerged as key players, controlling an increasing number of marinas, while other powerful groups are now claiming a share.

This is a market whose berthing fee turnover is estimated to be close to 100 million euros and growing, as the country has become a leading destination for chartering large yachts. The figure concerns the marinas under concession, not those operated by port authorities. 

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