Three Bids for Majority Stake of Igoumenitsa Port

Igoumenitsa Port. Photo source: HRADF

Greece’s privatisation agency on Friday announced that it has received three binding offers for the acquisition of a majority stake in the port of Igoumenitsa, a coastal city in northwestern Greece.

According to the Hellenic Republic Asset Development Fund (HRADF or TAIPED in Greek), bidders for a 67 percent stake in the port are the following investment schemes: Attica Holdings and Aktor Concessions; a consortium of Grimaldi Euromed with Minoan Lines and Investment Construction Commercial and Industrial; and the Thessaloniki Port Authority.

The financial offers made by the investors will be unsealed at a subsequent meeting of the Board of Directors of the Fund, HRADF said.

The tender for the Igoumenitsa port grants the right to the selected investor to exclusively use and operate the buildings, land and facilities of the port land-side zone of the port of Igoumenitsa, the fishing shelters of Sagiada and Plataria and the yacht shelter of Sivota.

Igoumenitsa is the chief port of Thesprotia and Epirus, and one of the largest passenger ports of Greece, connecting northwestern Mainland Greece with the Ionian Islands and Italy.