Final bid for the port of Piraeus today

Final bid for the port of Piraeus today

Athens, December 21, 2015/Independent Balkan News Agency

By Olga Mavrou

The investors who are interested in acquiring the majority stake of Piraeus Port Authority SA (Greek acronyms, OLP) will submit their binding offers in HRADF (Hellenic Republic Asset Development Fund or TAIPED) today.

Sources estimate at 400 million euros the offers for 67% of the shares of the Port Authority.

In the meantime rally and strikes against the privatization are organized in Athens by the Maritime Federation and the employees of trains (they object the privatization both of the Port and the train company TRAINOSE). The 24 hour strike of the maritime federation and the work stoppages of the train employees will result in disruptions in the  ship and train schedules.