The board of directors of Greece’s privatization agency (HRADF) on Thursday, as expected, announced the cancellation of an international tender process for a majority stake and right to exploit the Alexandroupolis Port Authority in extreme northeast Greece.
A decision to cancel the privatization was first announced on Monday by Greek Prime Minister Kyriakos Mitsotakis himself, who said the Thrace province port’s heightened geopolitical importance, amid the current period, necessitated that it remain in state control.
Another decision announced by the privatization agency, officially known as the Hellenic Republic Asset Development Fund (HRADF), was the official designation of a comsortium comprised of the companies Gek-Terna and AD Holdings AG as the preferred investor for the long-term lease of the Larymna and Loutsiou mines. Both are managed by the Larco metals industrial unit in south-central Greece, itself set for privatization.
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