The Board of Directors of PPA S.A. approved the Annual Financial results 2019 (the full package of annual report will be available 21st Feb. 2020), according to which:The revenues amounted to € 149.2 million compared to € 132.9 million in the period of 2018, showing an increase of € 16.3 million or 12.3%. This change is mainly due to the revenues increase from the concession fee by 17.1 % or approximately by € 9.6 million. A further increase in revenue…
Corporate Announcements
Piraeus Port Authority S.A. announces the financial calendar for the year 2020:
PPA S.A. announces that the construction company TEKAL S.A. was awarded as the construction contractor of the Cruise Terminal Expansion project of Piraeus Port Authority, after the financial bid of € 103 million plus VAT, initially budgeted € 136.3 million
PPA S.A. announces that today Monday, November 18th 2019 at 9:58 a.m. was handled the container with number CSUN7025891, which was unloaded from the COSCO SHIPPING CAPRICORN ship, reaching the total throughput in the port of Piraeus at 5,000,000 TEU for this year.
• Prime Minister welcomes largest ever EIB port investment in Greece• Expanding principal port in Greece will create jobs and support growth nationwide• Scheme to expand and upgrade cruise, container and car terminal, develop new port logistics centre and improve infrastructure and equipment of the ship repair zone
PPA S.A. announces that the Committee of Planning and Development of Ports (ESAL) approved investments amounting to € 611.8 million, which cover all the business units of the company and will contribute considerably to the development of the local and national economy.
The BoD of PPA S.A. approved the financial statements for the first semester of 2019. The basic figures are the following:
Piraeus Port Authority announces that the Extraordinary General Meeting of shareholders of PPA S.A. took place in the company’s offices on Monday 23/9/2019. In the General Meeting were present shareholders representing 21,399,539 shares out of 25,000,000 shares, or percentage 85.60% of issued share capital.
In accordance with the Companies Law and the articles of association of the Company and following the decision of the Board of Directors, the Shareholders of PPA S.A are invited to an Extraordinary General Meeting which will be held on Monday, 23 September 2019, at 10.00 a.m. in the offices of Piraeus Port Authority S.A. (10 Akti Miaouli Str.) with the following agenda
PPA S.A. announces that the earthquake of 19 July 2019 has not affected the provision of port services which continue uninterruptedly.