The head of the recently privatized Thessaloniki Port Authority (OL.Th) this week promised to maintain the port’s status as the largest hub for cargo headed to and from northern Greece, as well as aggressively expanding into neighboring Serbia, Bulgaria and the former Yugoslav Republic of Macedonia (fYRoM).
Addressing a one-day seminar in the northern Greece metropolis, port authority president and CEO Sotiris Theofanis said the port is ready to open transit hubs in Skopje, Sofia and Belgrade. He also said Greece can sustain up to three major transit hubs.
According to its concession agreement, the now privately-run port authority must implement 180 million euros in initial investments, including a rebuilding of the pier at the container terminal, replacement of cargo cranes and capacity.
Read more at naftemporiki.gr
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