The tender for the utilization of the Volos Port was extended
The tender for the utilization of the Volos Port was extended

The tender for the utilization of the Volos Port was extended

The tender refers to the majority of the company's share capital, that amounts to at least 67%.
RE+D magazine
19.01.2023

The deadline for submission of interest for the tender concerning the exploitation of the Port of Volos Organization has been extended by 14 days, according to an announcement by HRADF.

The date for the majority percentage of the company's share capital amounting to at least 67% is set at February 3, 2023.

The granting of an extension was deemed appropriate following the relevant requests of four (4) investment schemes, which confirms the strong interest in the utilization of O.L.V. S.A.

The Concession Agreement between the State and O.L.V. S.A. it has a term of 60 years from its signature and expires in 2062. The company's main activities include cargo and container services, steel and scrap, dry and liquid bulk and passenger services, including ferry boats to the Sporades, as well as cruise operations.

HRADF has appointed Deloitte Business Solutions S.A. and Euroconsultants S.A. to act jointly as financial advisors and Doxiadis Associates has acted as technical advisor with regard to the tender process and the transaction.