Piraeus Port Authority SA

Piraeus Port posts 19 pct turnover rise in 2018

The turnover of Piraeus Port Authority SA (OLP) in 2018 amounted to 132.9 million euros compared to 111.5 million euros in 2017, an increase of 19.2 percent, the company announced on Friday.

Profit before tax amounted to 42.3 million euros, up from 21.2 million euros in 2017, an increase of 100 percent, according to an e-mailed statement.

New Chinese ambassador visits Piraeus Chamber

The rapid development and the increasingly important role of the port of Piraeus, future investment plans of Piraeus Port Authority SA (OLP), increased interest in the city and the scope for deepening bilateral trade relations between Greece and China were the focus of talks during a visit by China's new ambassador to Greece, Zhang Qiyue, to the Piraeus Chamber of Commerce and Industry on Monda

Greece to privatize port, airports in concession to creditors

By Agnes Lovasz and Paul Tugwell

Greece will continue with efforts to privatize the country's largest port and regional airports as it seeks ways to attract investment for other state assets, Economy Minister George Stathakis said, in a government concession in talks with its creditors.