Following the release of the Financial Report of the First Half of 2012, it was registered without determining that "the profits of PPA dropped".
Press Releases
The Board of PPA SA approved the Financial Report of the First Half of 2012, whereby – and in the midst of economic crisis in the area of trade:
An increase of 54.9% in container handling was noted during the first 5 months of 2012 at the PPA SA Container Terminal. As is apparent from the data from the Container Terminal, 293.874 TEUs were handled during January - May 2012 in comparison to 189.706 in the corresponding period last year.
The General Meeting of Shareholders of the Piraeus Port Authority (PPA SA) ended with the approval of the Results of the Annual Financial Report 2011.
The master, Vincenzo Alcaras, and the officers of the new cruise vessel, CARNIVAL BREEZE, which arrived at the port of Piraeus as the first stop of its maiden voyage, were visited by the President and CEO of PPA SA George Anomeritis, President of MedCruise, Stavros Hatzakos, and the managerial cruise executives Mr. T. Tsitouras and Mr. D. Agrapidis.
"PPA SA actively supports the Posidonia through its participation as an exhibitor and as a sponsor of the event. The Sea Tourism Forum gives the opportunity to the people of tourism, shipping and port industries to communicate annually and make efforts for the advancement of marine tourism".
The investment of 420 million Euros by the port of Piraeus on the cruise industry and the activation of a specialized subsidiary company concerning service management and infrastructure were emphasized on among other things by the Chairman of the Hellenic Ports Association, Mr. George Anomeritis, speaking at the SEA TOURISM FORUM Posidonia 2012.
The Board of PPA SA approved the financial results for the first quarter of 2012 (January 1st - March 31st) and the statements of financial position, comprehensive income, cash flows and changes in equity, which were prepared under the International Financial Reporting Standards
The annual briefing for members of Institutional Investors was held today, by the management of PPA SA, in the offices of the ASE.The Company, its business and the financial results for 2011 were presented by the Chairman of the Board and CEO of PPA SA, Mr. G. Anomeritis, the Managing Director, Mr. P. Petroulis, the General Director, Mr. St. Hatzakos, and the Financial Director, Ms. E. Venardou.
Piraeus was chosen by the Board of Directors of the Association of Mediterranean Cruise Ports (MEDCRUISE) as its headquarters during the 81st spring meeting on 18 / 19 May 2012, which was held at the Headquarters of PPA SA and chaired by the new president of MEDCRUISE, Stavros Hatzakos, and General Director of PPA SA.