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Fraport Steps in as Manager at 14 Greek Airports

Fraport Greece is taking over the 40-year management of 14 regional airports across Greece and plans to proceed with renovation and construction works.
Posted On 11 Apr 2017
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FS Italiane Now Owns Greek Railway Operator Trainose

Greek train operator Trainose was recently sold to Italian state railway group Ferrovie dello Stato (FS) Italiane for a sum of 45 million euros.
Posted On 19 Jan 2017
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Piraeus Port Big Bet for Cosco, Set to Invest €140m in 2017

Hong Kong-based shipping giant Cosco has slated 140 million euros for works to be completed in 2017 in efforts to make the port of Piraeus a major cruise and transhipment hub for travel and trade between Asia and Eastern Europe.
Posted On 02 Nov 2016
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Piraeus Among World’s Top 30 Container Ports by 2018, Cosco Says

Chinese shipping giant Cosco has big plans for Piraeus aiming after its expansion to boost container volume by 35 percent by 2018.
Posted On 23 Sep 2016
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Impression of Kastelli airport.
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Media Talk Says India Entity Eyeing Kasteli Airport

India-based GMR Infrastructure Ltd may be submitting a bid for the Kasteli airport, to be constructed on the island of Crete, according to the latest media reports.
Posted On 26 Aug 2016
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Stournaras: Tourism, Reforms, Key to Bringing Greece Out of the Tunnel

Tourism, reforms and privatizations are key to bringing Greece back into the game, Greek Central Bank Governor Yannis Stournaras said last week, expressing his optimism that faith is being restored in the Greek economy.
Posted On 01 Aug 2016
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Cosco-OLP Deal Ratified Amid Blame-Game Over Changing Terms

The 300-member Greek parliament ratified by a 223-vote the sale of the Piraeus Port Authority (OLP) to Chinese shipping giant Cosco a day after the Hong-Kong based conglomerate said in letter that the terms for the deal submitted to parliament had been altered.
Posted On 01 Jul 2016
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Piraeus Port on Track to Become World’s Largest

The port of Piraeus is now on track to become one of the leading maritime hubs in the world, the head of the Hellenic Chinese Chamber (HCC) said following the award of a 67 percent stake in the listed entity last week to Chinese shipping giant Cosco.
Posted On 25 Jan 2016
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Minister Says NSRF Funds Won’t Be Lost, Airports Deal in March

Economy, Infrastructure, Shipping and Tourism Minister Giorgos Stathakis reassured reporters on Wednesday, that capital controls will soon be lifted, liquidity is improving and the privatization of 14 airports will most likely be completed in March.
Posted On 27 Aug 2015
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Greece in Talks with Chinese for Kasteli Airport Project

Kasteli airport, to be constructed on the island of Crete, will be on the agenda of talks in the coming days between Economy Minister Giorgos Stathakis and a delegation from China’s State Construction Engineering Corporation (CSCEC).
Posted On 06 Apr 2015
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