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Hellenic Republic Asset Development Fund

German Fund Snaps Up Greece’s Thessaloniki Port

2017-12-30 by Phil Butler

Port of Thessaloniki from the White Tower - George M. Groutas

News of the privatization of the Thessaloniki Port arrived late last week via Greece’s liquidation fund. According to the Hellenic Republic Asset Development Fund the sale of its 67% stake in Thessaloniki Port to Deutche Invest Equity Partners, Belterra Investments and CMA CGM’s ports division, Terminal Link has now taken place.

Tags: German banks, Greece economy, Greece government, Greek privatization, Hellenic Republic Asset Development Fund, Ivan Savvidis, privatization, Pyatt, Thessaloniki Port, Tsipras, US interests

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Featured Stories

Samaria Gorge opening May 19

Samaria Gorge to Officially Open on May 19

chironomid infestation AI illustration Gemini

Chania Midge Swarms Spark Panic: Are Cretan Rivers Breeding Disease?

Hospitality AI Gold Rush

The Great Hospitality AI Gold Rush

Greece brain drain

Greece’s Tourism Paradox: Full Streets, Empty Futures

saharan dust AI illustration

Saharan Dust Expected Across Crete Starting Saturday, May 9

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Your go-to guide for foraging cretan horta

Stories of Interest

Kourtaliotiko Gorge

Kourtaliotiko Gorge Renews Organized Entry Model: Managed Access and €5 Fee Resume for 2026 Season

2026-05-15 By Manuel Santos

Kourtaliotiko Gorge reopens for the 2026 tourist season, maintaining the organized management system and €5 entry fee

Samaria Gorge opening May 19

Samaria Gorge to Officially Open on May 19

2026-05-15 By Manuel Santos

The reopening of Crete’s famous Samaria Gorge is delayed to May 19th as officials wait for final geological safety reports, sparking local frustration.

veterinary care of stray pets

Sfakia Gets 20,200-Euro Aid for Stray Pets Veterinary Care

2026-05-15 By Victoria Udrea

The Municipality of Sfakia in Chania is receiving a €20,200 financial boost dedicated entirely to the veterinary care of stray companion animals.

heraklion safety zones

Heraklion Port Authority Enforces Strict Beach Safety Zones

2026-05-15 By Manuel Santos

Heraklion Central Port Authority introduces strict fishing and boat anchoring bans on beaches across the region to protect swimmers this summer.

Navarinos Street in Fortetsa meeting

Heraklion Signs €450,000 Contract to Restore Historic Fortetsa Slope and Ottoman Wall

2026-05-15 By Iorgos Pappas

Heraklion Mayor Alexis Kalokairinos signs a €450,000 contract to stabilize the Fortetsa slope and rebuild a historic 17th-century Ottoman wall.

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