Press Releases

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:
PPA S.A. announces that the earthquake of 19 July 2019 has not affected the provision of port services which continue uninterruptedly.
Piraeus port was awarded as the best cruise port in the Eastern Mediterranean by MedCruise at an event hosted in Genoa. The award was received by the PPA Manager of Strategic Planning & Marketing Dept. Ms. Theodora Riga. It is the first edition of Mare Nostrum Awards this year and cruise companies and international press representatives voted for this category. In the jury participated also cruise industry experts and Cruise Line executives.
The Annual General Assembly of the PPA S.A. shareholders took place today Friday 28th June 2019 with a quorum of 86,48 % and approved among other items the Annual Financial Statements and the Dividend Distribution for the financial year 2018, which, as the Board of Directors proposed, amounts to € 0,424 per share, compared to € 0, 1712 of the previous year (an increase of 148%).
The European Safe Cargo Working Promotion Committee (SCWPC) of the Japanese company NYK awarded PPA's Car Terminal, certifying that it achieved zero damages in the year 2018.
PPA S.A. presented today Monday, June 24th 2019, the Corporate Responsibility Report 2018 at the headquarters of the company, in the presence of the Deputy Minister of Economy & Development Mr. Stergios Pitsiorlas, Mrs. Athina Glyka-Charvalakou, Piraeus Deputy Mayor for Economics, Mr. Ioannis Delatolas, Key Account Manager, Listings Division of the Athens Exchange Group and Mr. Nikos Avlonas, President of the Centre for Sustainability & Excellence (CSE) & Vice President of the Corporate Responsibility Institute.
PPA S.A. announces the signing of the New Collective Labor Agreement with the representatives of Dockworkers’ Union of Piraeus Port Authority, after negotiations. The validity of the new collective agreement is three years. The agreement was also signed by the Chairman of the Union of Stevedores (O.F.E.) Mr. Symeon Leftheriotis.
One more new generation cruise ship (300m long) welcomed today at her first call in Piraeus, the Management of PPA S.A. It is "Mein Schiff 6" cruise ship of TUI Cruises, which will visit Piraeus six times in 2019 during her trips. Captain Simon Böttger welcomed Cpt. Weng Lin, Deputy CEO of PPA S.A. and during the exchange of honorary plaques he thanked the PPA Management for the visit and for good cooperation so far.
The United Kingdom Maritime and Transport Minister Ms. Nusrat Ghani visited the port of Piraeus today Thursday 06.06.2019 and met with the Deputy CEOs Captain Weng Lin and Mr. Angelos Karakostas, in the presence of the Deputy Head of Mission at the British Embassy in Greece Mr. James Bryce.