The Hellenic Republic Asset Development Fund (HRADF), Greece’s semi-independent privatization agency, on Thursday announced that the Thessaloniki Port Authority (OL.Th S.A.) has been declared the preferred investor for a 67-percent stake of the state-owned and managed Volos port authority, in central Greece.

In a press release, HRADF said OL.Th submitted the highest bid for the majority stake of the Volos facility, at 51 million euros.

The consortium Goldair Cargo S.A. – Goldair Handling S.A. was declared as the runner-up bidder.

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