Piraeus Port Authority SA announces that during yesterday's meeting of the Board of Directors was decided to continue the renegotiation process of "Concession Agreement between Greek Public and PPA SA"
Municipality of Keratsini - Drapetsonas imposed freezing bank accounts of PPA to recover 6.8 m. Euros for council tax fines and penalties for the years 1995-1999, arbitrarily imposed and calculated, without offering any return service on port land zone of PPA.
On the occasion of reports in the print and electronic press about alleged statement by Deputy CEO of PPA SA Mr. Stavros Kiramargios on the concession of the Fertilizers area in an extraordinary meeting of the Municipal Council of Keratsini - Drapetsona, Mr. Kiramargios categorically stated that:
The Board of PPA SA approved the financial statements for the first half (January-June 2015) drawn up in accordance with International Financial Reporting Standards.
Referring to an article in the daily press on the issue of tax clearance of PPA S.A. the management of PPA S.A. notes that without the company to have any liability to the surrounding municipalities