PRIVATIZATIONS


Elefsina shipyard streamlining deal to be signed on Monday
ECONOMY

Labor Minister Adonis Georgiadis announced on Saturday that on Monday ONEX Shipyards and the US International Development Finance Corporation (DFCgov) will formally sign at Elefsina their agreement for the funding of the streamlining plan of Elefsis Shipyards with over $100 million. 

Only one bid made for Argostoli Marina
ECONOMY

The board of directors of the Hellenic Republic Asset Development Fund (TAIPED) on Wednesday announced it had received only one bid in a tender for the concession of port operation services (berthing and other services) and the right to use, operate, manage and develop Argostoli Marina. 


State reopens tender for Faliro Sports Complex
PRIVATIZATIONS

After about eight years, Hellenic Public Properties Company (ETAD) has announced a new tender for the utilization of the Faliro Sports Complex on Athens’ southern coast.

Full steam ahead for Elefsis Shipyards
INVESTMENTS

The competent court has ratified the restructuring agreement and the business plan for the reorganization of Elefsis Shipyards with the investment by ONEX Elefsis Shipyards.


PM: Greece attracts foreign capital
INVESTMENTS

Prime Minister Kyriakos Mitsotakis stressed the importance of foreign investments for Greece on the occasion of the privatization of Igoumenitsa port at an event on Friday.

TAIPED gives up on DEPA
PRIVATIZATIONS

State asset fund TAIPED put an end to the long-suffering privatization of DEPA Commercial on Friday, announcing the cancellation of the tender process for the sale of 65% of the natural gas company’s shares.



Hellenic Train to seek to offset losses from flood damage
ECONOMY

Italian-owned railway operator Hellenic Train will reportedly seek to renegotiate its contract with the Greek state, sources have indicated, as the company faces massive revenue losses stemming from September’s floods in central Greece.


Greece on India’s ‘silk road’
INVESTMENTS

Greece has a key geostrategic role in the new trade routes India is building, with the support of countries such as the US, South Korea and Japan.

Restructuring Hellenic Post
BUSINESS

Several steps have been taken to restructure Hellenic Post (ELTA), the oldest state-owned company, founded in 1828.