The Athens International Airport shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising by 14.02% in midday transactions amidst heavy trading, exceeding 50 million euros.
PRIVATIZATIONS
EESYP has failed to deliver on its purpose of streamlining companies that the state controls.
The initial public offering of a 30% stake in Athens International Airport, Greece’s largest gateway for tourists, attracted strong demand, the airport said on Friday, marking the first successful launch of a major IPO in Europe this year.
Several thousand university students and supporters took part in a protest in central Athens Thursday to oppose plans by Greece‘s conservative government to allow privately run universities.
The initial public offering addressed to the Greek market for the 30% stake in Athens International Airport will be completed on February 1.
The Superfund plans to have received binding financial offers for the concession of Kalamata airport by the end of June, so as to complete the signing of the concession contract by the end of the year, to be ratified by the Parliament.
Athens International Airport will implement a three-phase investment plan to increase passenger service capacity in the coming years.
Thousands of Greek students rallied in Athens and other cities on Thursday to protest against planned education reforms that would allow the introduction of private universities in the country.
Acropolis guards on a 24-hour warning strike on Tuesday to protest the Culture Ministry’s decision to privatize ticket issuance and entry control services through a bidding process. The protesters deemed it a “transfer of public funds to private entities.”
Within the first half of 2024, the government aspires to proceed with its divestment from the two systemic banks, National and Piraeus.
Public Power Corporation (PPC) shareholders approved by 98% of the vote a change to some of the company’s articles of incorporation that will allow it to expand activities to trade in technology products and provide information services, on Thursday.
Education Minister Kyriakos Pierrakakis insisted on Monday that Greece must walk in the footsteps of Cyprus in the field of higher education development.
The future of state mining company Larco remains unclear, four costly years after it was put under special administration.
Greece has secured revenues of 1.066 billion euros from the disposal of 22% of National Bank, a process oversubscribed eight times.
Athens International Airport showed significant growth in its fundamentals during the first nine months of this year compared to the same period of 2022.
Bank bailout fund HFSF confirmed on Thursday the sale of 22% of the share capital of National Bank.
[nx_login_form]x
