Exploitation of a 23 pct equity stake in Thessaloniki Water and Sewage is a process that can be avoided and has no reason to proceed fast, Yiannis Krestenitis, chairman of the water utility company told ANA’s “Praktoreio 104.9 FM” radio on Monday.
“The exploitation will not offer solutions for the country’s wider problem, the debt repayment problem,” he noted.
Krestenitis noted that Hellenic Republic Asset Development Fund, which owns a majority stake in Thessaloniki Water and Sewage, plans to exploit a 23 pct equity stake in the company and has announced a tender to hire financial advisors for the exploitation process. “The deadline ends next week and HRADF will select an advisor who will have to present its recommendations four months after signing a contract,” Krestenitis said.
He said the company seeks to hire 70 new permanent job positions, administrative, technicians and drivers, to cover part of the company’s needs in workforce. Thessaloniki Water and Sewage has already launched procedures to hire 80 personnel job positions.
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