Firm of Russian tycoon Savvidi wins tender for Thessaloniki port

ATHENS, Apr 25 (PRIME) -- A company of Russian businessman Ivan Savvidi participated in a consortium that won a tender for concession of a 67% stake in the Thessaloniki port, spokesman for Savvidi’s group of companies Artur Davidyan told PRIME late on Monday.

Greece’s state property watchdog HRADF ceded concession of the stake until 2051 to a consortium of three companies, which offered 231.926 million euros.

“There were several participants in the tender. One of them a consortium headed by German investment fund DIEP (Deutsche Invest Equity Partners) with the largest stake, then it was the SGM company represented by affiliate (Terminal Link), which is the third world largest port operator, then was our company Belterra Investments with a lesser stake,” Davidyan said.

“We’ve agreed to enter the consortium led by DIEP very recently when the team formation started. Our goal is to protect the interests of the port on the local level.”

Russian Railways was among the organizations interested in the asset and it was shortlisted for the tender but industry sources told PRIME that Russian Railways had no plans to submit binding agreements.

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