A call for the interest of a majority stake in THPA was announced today by the HRADF.

The Board of the Fund decided on the disposal of a majority stake in the THPA share capital, up to 67% and approved of the procedure regarding the sale of the stake through an international competition.

The start of the competition is a prerequisite of the Troika in order for Greece to get the remainder of the loan installment.

The close date for the declaration of interest is June 5th. The competition will be conducted in two phases. The first phase is the fiscal criteria, and the second will study technical criteria.

This way, the HRADF will give many candidates the chance to apply and then form alliances during the criteria collection.

In parallel with the activities of the Container and Bulk Cargo Terminal there will be an opportunity to exploit other activities such as cruises and shipping.