Press Releases

During Seatrade Miami and after months of negotiations,the PPA agreed with the CARNIVAL CRUISE, as its ship CARNIVAL VISTA using from spring 2016 Piraeus as the port of arrival and departure of its itinerary during its travels in the Mediterranean.
Informing its shareholders and the investors community about the decision of the Directorate General for Competition (State aid complaint CP / 202/2009) for certain terms of the Concession Agreement PPA-COSCO, PPA SA makes known the following:
Concerning various articles about audit findings for projects executed during the period 2007 - 2009 and which first PPA SA has since 2012 sent to the prosecuting authorities
With the participation of 82.69% of shareholders, completed the Extraordinary General Meeting of shareholders of PPA SA, which took place at  the headquarters of the company.
An increase of 6.36% in profits after taxes presented in the 9M 2014 PPA SA comparing with the same period January - September 2013.
Signed today 27.11.2014 the B’ Modification of the Concession Agreement between the Chairman and Maaging Director of PPA SA Mr. Yiorgos Anomeritis and Managing Director of PCT SA cpt. Fu Cheng Qiu, the presence of the Minister of Shipping, Maritime Affairs and the Aegean Mr. Miltiadis Varvitsiotis. 
The General Meeting of Shareholders of PPA SA was carried out, with as subject the approval of the Agreement for B’ Amendment to the Concession Contract PPA - PCT SA, after a short delay - due to blocking of the entry in the hall by the presidencies of the Authority union associations. The General Assembly took place as announced in the HQ of the company in an adjacent hall.
The Board of Directors of PPA SA approved the new revised, following the judgment of the Court of Auditors, draft text of Second Modification by amicable settlement for the construction of the Western Pier III etc., of total investment 230 million Euros, after a substantiated recommendation of the Chairman and Managing Director Mr. George Anomeritis, minority of workers' representatives.
Piraeus Port Authority SA announces that with the Decision 3377/2014 the 6th Section of the Court of Auditors delivered its judgment on the application for revocation of the Act 191/2014 of the 7th Department of the Court of Auditors whereby 'Concludes that it is not prevented the signing of the second amending agreement draft between the PPA S.A. and PCT S.A., based on the reasoning'.
The Board of PPA S.A. decided to convene an Extraordinary General Meeting of Shareholders on Tuesday, November 11th, 2014 at 10:00.