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Thessaloniki Port Authority To Reduce Number Of Independent Directors

Thessaloniki Port Authority to reduce number of independent directors

Thessaloniki, Greece (PortSEurope) September 2, 2019 – At an extraordinary general meeting of Thessaloniki Port Authority SA it was agreed to reduce the number of independent members of the board of directors from three to two members, and elected Panagiotis Michalopoulos and Panagiotis Alevras. Thessaloniki Port Authority was privatised on March 23, 2018, and is now operated by South Europe Gateway Thessaloniki (SEGT) Ltd, a consortium,
in turn, owned by Deutsche Invest Equity Partners GmbH (47%), Terminal Link SAS (33%) and Belterra Investments Ltd (20%). The port aims to develop itself as an international transport hub Southeastern Europe and the Balkans, contributing decisively to the growth of the economy of Thessaloniki and the wider region. ThPA SA, utilizing synergies that have been developed over the past few years in the neighbouring Balkan countries, will focus on working with existing freight centres or creating new ones, consolidating the leading role of the port in Southeastern Europe and enhancing the commercial and business the value of the Port, not only for their major shareholders, but also for the whole business community that participates in activities directly or indirectly connected to the port businesses”. Copyright (C) PortSEurope. All Rights Reserved. 2019.

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