Three bidders working on EYATH offers

Economy and Finance Minister Yiannis Papathanassiou (pictured) will be waiting for the three bidders to submit their offers for a 23.02 percent stake in Thessaloniki Water and Sewerage Company (EYATH) in early October. The privatization of the utility is expected to wind up during October, according to ministry sources, in a sell-off that could earn the state some 60 million euros. The bidders are: Aqualia of Spain (51 percent) with GEK Terna of Greece (49 percent), Suez Environnement of France (60 percent) with Hellaktor of Greece (40 percent), and Veolia Eau of France (51 percent) with Marfin Investment Group (44 percent) and Ionios (5 percent) of Greece.