The Grimaldi Group acquires a controlling stake in the Port of Igoumenitsa

By | 2022 Newsletter week 41 | No Comments

The consortium made up of Grimaldi Euromed, Minoan Lines Shipping and Investment Construction Commercial & Industrial is the preferred bidder in the tender for the majority Port of Igoumenitsa share acquisition (67%).

The decision was made public by the Hellenic Republic Asset Development Fund – the fund in charge of managing the privatisation programme of ports and other public assets in Greece.

The financial offer amounts to € 84.17 million.

The concession relating to the Port of Igoumenitsa (owned by the Igoumenitsa Port Authority) includes the right to exclusively use and manage the assets of the port area of ​​Igoumenitsa, the fishing shelters of Sagiada and Plataria and the yacht shelter of Syvota. Igoumenitsa is the main port of Epirus and one of the largest commercial ports in Greece, strategic for connections between mainland Greece and the rest of Europe.