The Government of Greece has secured eight expressions of interest (EoI) for the acquisition of a stake in the port of Volos, reported Reuters.
The news agency cites HRADF, the country’s privatisations agency, to report that Advance Properties, GEK TERNA, and a consortium of INTRAKAT and TEKAL were among the entities submitting EoIs.
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EoIs were also submitted by an Israel Shipyards Industries and Hellenic Halyvourgia consortium, Mariner Capital, QTerminals, and Thessaloniki Port Authority.
The government initiated the process to divest a stake of at least 67% in the Volos Port Authority last October.
However, last month, it extended the deadline for the submission of EoIs by two weeks, setting 3 February as the new deadline.
Volos Port Authority provides freight and container services along with passenger services that include ferry boats to the Sporades islands and cruise activities.
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By GlobalDataThe port also offers steel and scrap metal as well as dry and wet bulk cargo services.
In November 2020, Greece received nine non-binding bids for the sale of a 67% stake in Igoumenitsa port.
It received bids from a consortium of Archirodon Group and ANEK & Trident Hellas Group, Attica Holdings, and Aegean Oil.
The divestiture was part of the country’s plan to raise funds and reduce public debt through a privatisation programme that was introduced in 2010.
