Winner of public tender for Heraklion Port
It is the group's second investment in a Greek state port after Igoumenitsa: The consortium of Grimaldi Euromed and Minoan Lines has acquired 67% of the shares of Crete's port of Heraklion.
The price for the Heraklion Port Authority (OLI) was EUR 80 million, while the offer for running the port of Igoumenitsa amounted to EUR 84.17 million.
The winning bidder for the concession was recently presented by Hellenic Republic Asset Development Fund (Hradf), a member company of Growthfund – The National Fund of Greece, which spoke of "the high price offered by this consortium, which was also declared Preferred Investor." Another tender was in play but lost the case.
The decision is now submitted to the court of auditors, which has to give its green light, for pre-contractual review. The tender is part of a greater scheme in Greece.
"The utilisation of OLI is part of the wider development plan for the upgrading of the infrastructure of Crete, with the construction of the northern road axis (Boak) and the new international airport at Heraklion,” as Hradf underlined in its official statement. (cd)