The Greek government announced a privatisation programme concerning rail and road transport, airports and utilities. In relation to ports, the process for the sale of 67% of the shares of the Piraeus Port Authority was launched in March this year with an Invitation for the Expression of Interest.
While, the process for the sale of 67% of the shares of the “Thessaloniki Port Authority” was launched in April this year. Morgan Stanley and Piraeus Bank have been appointed as financial advisors, Alexiou-Kosmopoulos Law firms and Freshfields as legal advisors and HPC Marnet as technical advisors to assist with the privatisation.
Source: Port Finance International
