The new collective labour agreements with: (A) The Federation of Permanent Employees of the Greek Ports (OMYLE) (B) The Association of Permanent and Cadet Dockers of PPA SA and (C) The Association of Supervisors and Main Workers (OFE) were approved by the Board of PPA SA, after a three-month negotiation process between Unions and Management.
Profits before taxes of 6.323.537 Euros and after taxes of 4.957.091 Euros was showed by PPA SA in 2012, the turnover of which amounts to 106.592.452 Euros and gross profits of 19.934.259 Euros. Despite the increase in turnover (+1.39%) and gross profit (+16%) and despite a reduction of cost of sales, net gain was reduced compared to 2011 due to a significant reversal for litigation matters heard in favor of PPA SA concerning the use of 2011.
The Award event of the International Architectural Competition for the conversion of the SILO building and the surrounding area into the Museum of Underwater Antiquities, a project that is part of the global grid projects of the Cultural Coast of Piraeus, was completed at the Stone Warehouse of PPA SA.
The cruise ship Costa Magica was welcomed with festivities by PPA SA, at the main cruise port, thus honoring the day completing 65 years of operation of the company COSTA CROCIERE, which is a stable long-term partner of PPA SA. COSTA CROCIERE is an Italian company controlled by British and Americans, based in Genoa and is now under the control of the Carnival Corporation.
With the awards ceremony of the International Architectural Competition for the Museum of Underwater Antiquities by the Minister of Education, Religion, Culture and Sports, Mr. K. Arvanitopoulos, the Minister of Marine and the Aegean Mr. K. Mousouroulis,
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