⁍ Greece received nine non-binding bids for a 67% stake in Igoumenitsa port.


⁍ Bids were submitted by Aegean Oil, Attica Holdings and a consortium of Archirodon Group and ANEK & Trident Hellas Group.


⁍ The deadline for bidding expired at 1500 GMT on Friday.


– Greece has received nine non-binding bids for a 67% stake in Igoumenitsa port, the country’s third-largest, Reuters reports. Aegean Oil, Attica Holdings, and a consortium of Archirodon Group and ANEK & Trident Hellas Group were among the bidders, while a consortium of Grimaldi Euromed and Minoan Lines, Danthia Shipping, MRG Ltd, Portek International, Quintana Infrastructure, and Thessaloniki Port Authority were also in the running. The privatization of Igoumenitsa port is part of Greece’s plan to raise around $7 billion from the sale of state assets, according to the country’s privatization agency. The deadline for bidding expired at 1500 GMT on Friday. Greece embarked on an ambitious privatization plan in 2010, at the start of a decade-long financial crisis, to help reduce its public debt and attract investors to overhaul and boost the business efficiency of its assets. Athens has raised about 7 billion euros so far from the program, which includes the sale of a majority stake in Alexandroupolis port and the sub-concession for the operartion of a multi-purpose port terminal in Kavala, both in northern Greece.



Source: https://www.reuters.com/article/greece-privatisations-igoumenitsa/update-1-greece-gets-strong-non-binding-interest-for-igoumenitsa-port-idUSL8N2HL784