Following the press articles regarding the signing of the new Collective Labor Agreement of the PPA S.A. employees, replacing the existing one which expires on June, 30th 2020 after the extension that was given by the Government, PPA S.A. announces as follows:
Piraeus Port Authority S.A. announces the financial calendar for the year 2020:
The PPA S.A. announces that the tender regarding the project “Repairs of Pavements and Rails for RMG Cranes of Pier I Container Terminal” within the framework of Mandatory Education 02 has been completed and the Contractor awarded is “UNION OF COMPANIES DAMON A.T.E. - TECHNIKI ERGON S.A. – S. TSAKOUMAGKOS A.T.E.” for the amount of € 6,800,474.91 (plus VAT).
The annual briefing to the Hellenic Fund and Asset Management Association for the results of PPA S.A. for the year 2019 took place via teleconference in the presence of the CEO of PPA S.A. Captain Fu Chengqiu, Mr. Angelos Karakostas, Deputy CEO, and Mr. Tian Chao, Assistant CEO & CFO. The most important financial data of 2019 are as follows:
In response to the articles released and refer to supposedly licensing deficiencies in the investment plan implementation of PPA S.A., the Management of the Company, strictly applying the laws of Greece and the EU as well as the provisions for the listed companies, informs about the following:
Public disclosure of inside information according to Regulation (EU) 596/2014 and Implementing Regulation (EU) 2016/1055
PPA S.A. announces the acceptance of the resignation of the Board of Directors member Mr. YE Weilong, with effective date March 10th 2020.
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…