TAIPED

Greece has secured 24 million euros in European Union funding to upgrade its northern Aegean Sea port of Alexandroupoli, privatization agency TAIPED said on Wednesday.

Alexandroupoli has been used by US military ships to unload munitions and move them to the eastern flank of NATO.

The business plan in the concession contract for an area of approximately 400,000 square meters at Kamena Vourla in central Greece, which currently hosts the Galini hotel, provides for the operation of two new hotels and an additional thermal spring.

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.

Greece received one binding bid for the long-term Egnatia Odos highway concession in the north of the country, privatization agency TAIPED said on Friday.

The bidder was a consortium of GEK Terna with Egis Projects, the agency said in a statement, adding that it would not unseal the bid until a court ruled on an injunction filed by two consortiums.

Cosco Shipping has asked Greece to hand it another 16% of the share capital of Piraeus Port Authority (OLP), in which it already holds a 51% stake, citing Greek authorities' delays in the licensing of the investments the 2016 concession contract provides for.

Greece's privatization agency (TAIPED) said on Tuesday that it has shortlisted seven investors for the purchase of a majority stake in the country's dominant gas supplier, DEPA Commercial.

Athanasios Liagos, the port project manager at state privatization fund TAIPED is to be appointed executive president at Thessaloniki Port Authority (OLTH), Kathimerini understands.
He will also have to leave the board of Piraeus Port Authority (OLP).

The possibility that Greece could develop its own version of Silicon Valley has grown more likely, as the state has recovered ownership of the 760,000-square meter plot at Peraia in Thessaloniki, where a fourth-generation technology park is to be developed.

Greece plans to sell majority stakes in four ports as part of a privatization plan agreed with its lenders after the country exited the bailouts in 2018, a document from the state privatization agency (TAIPED) showed on Tuesday.

Nine groups submitted a letter of interest in the full ownership of DEPA Infrastructure, a new company to be created by the partial division of the Greek public natural gas company's (DEPA) infrastructure section, by the deadline on Friday.