French-German consortium wins OLTH tender

Following a significant delay, state sell-off fund TAIPED announced on Monday that the consortium of Deutsche Invest Equity Partners (DIEP) with the subsidiary of France's CMA CGM, Terminal Link SAS, and Belterra Investments of Ivan Savvidis is the preferred bidder for the concession of a 67 percent stake in Thessaloniki Port Authority (OLTH).

DIEP controls 47 percent of the consortium, Terminal Link has 33 percent and Belterra the remaining 20 percent.

In the next few days the chief executive officer of CMA CGM, Boris Wenzel, and the managing director of DIEP, Alexander von Mellenthin, are expected in Greece to inform the government and all sides involved about the plans for OLTH. Their visit comes amid rumors and concerns about the participation in the consortium of the Savvidis group and its links to Russia.

The rumors have escalated in the past few days also...