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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Cosco Obtains Majority Stake in Piraeus Port Authority

The majority stake of 51 percent of the Piraeus Port Authority's shares was transferred to China’s Cosco Group on Wednesday.

Cosco Named ‘Preferred Investor’ for 67% of Piraeus Port

The Board of Directors of Greek privatization fund TAIPED on Wednesday announced the listed Chinese shipping giant Cosco Group as the "preferred investor" for the acquisition of the 67 percent share capital of the Piraeus Port Authority SA.

Cosco Group Set to Acquire 67% of Piraeus Port

China's Cosco Group will acquire 67 percent of Piraeus Port Authority (OLP), Greece's largest port, after the company submitted an improved offer of 368.5 million euros, the Greek privatization fund TAIPED announced on Wednesday.