PRIVATIZATIONS

final-stretch-for-three-port-tenders0
PRIVATIZATION

The short list of bidders for the ports of Alexandroupoli, Kavala and Igoumenitsa will be announced in the next few weeks, following the submission of the necessary documents for the bids last Monday.


nbg-to-sell-increased-stake-of-ethniki0
PRIVATIZATION

The management of the National Bank of Greece appears to have decided to concede an increased stake in the group’s insurance subsidiary, Ethniki, amounting to 90% to CVC Capital Partners instead of 80% that was the original target.

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BANKING

The statements by the former head of the Hellenic Financial Stability Fund (HFSF) Martin Czurda about the timing of the Piraeus Bank share capital increase were the final straw in his relations with Deputy Finance Minister Giorgos Zavvos, Kathimerini understands.

power-grid-operator-deddie-attracts-11-investors0
PRIVATIZATIONS

Eleven investors have expressed interest in an auction for a minority stake in Greece’s sole power network operator, DEDDIE, power utility Public Power Corporation said on Friday. Strategic investors, grid operators and investment funds submitted expressions of interest for a 49% stake in DEDDIE by Friday’s deadline, PPC, which fully owns DEDDIE and is managing […]


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PRIVATIZATION

State asset utilization fund TAIPED on Wednesday took the first step toward the ambitious development of a tourism complex with commercial uses and a casino at the former US military base at Iraklio on Crete, announcing a tender for the concession of the 345,000-square meter plot.

nbg-asks-for-hfsf-opinion-on-ethniki-insurance0
PRIVATIZATION

The management of National Bank of Greece has requested the permission of the Hellenic Financial Stability Fund for it to sell its insurance subsidiary, Ethniki, to CVC Capital Partners.

skaramangas-tenders-are-in-the-pipeline0
PRIVATIZATIONS

In the next few weeks, probably within February, a new announcement will be issued for the sale of Skaramangas Shipyards, both by the company’s administrator and the Hellenic Public Properties Company (ETAD).


elefsis-shipyards-obligations-higher-than-thought0
BUSINESS

The sale process for Elefsis Shipyards is getting more complicated and is set to last a few more months, until the application for the ratification of the streamlining agreement with ONEX, the strategic investor.

fraport-overhauls-regional-airports0
PRIVATIZATIONS

Three months ahead of schedule, Fraport Greece has completed a major four-year infrastructure development program at the 14 regional airports that it operates in Greece, delivering redeveloped, safe and future-oriented airports that provide new services, greater comfort and more amenities to Greek and international travelers.

new-deal-signed-with-eldorado-gold0
BUSINESS

The government signed on Friday a revised contract with Eldorado Gold Corporation, covering its mining operations in northern Greece, where it has faced repeated stalling over licensing delays and environmental concerns.



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PRIVATIZATIONS

More than 25 cargo ships were waiting outside the port of Piraeus on Wedneday, unable to approach it as the Greek port pilot service called a 48-hour strike, creating major delays and serving a blow to the port’s international prestige.

cos-casino-verdict-set-to-cause-delays0
BUSINESS

The stakeholders of the Parnitha casino, which includes the Greek state, are waiting for the formal text of the Council of State verdicts against the transfer of the enterprise to the northern Athens suburb of Maroussi, so as to examine whether it is possible to remedy the constitutional problems of the relevant law.


ppc-pushes-back-bids-deadline-for-deddie0
ENERGY

Greece’s biggest electricity utility, Public Power Corporation (PPC), has pushed back the deadline for the expression of interest for a majority stake in the country’s sole grid operator DEDDIE, it said on Friday.

egnatia-extension-to-april0
PRIVATIZATIONS

State privatization agency TAIPED will grant short-listed bidders the right to submit binding financial offers for the concession of Egnatia Odos by April 1, after not submitting their offers by the December 11 deadline.

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PRIVATIZATIONS

The government is facing hard legislative and executive work ahead to complete the privatization projects that have been ongoing for a long time and to proceed with others that have run into problems.