Concession

Construction company Intrakat is intervening in the role of the white knight for the Kalogritsas group.

The European Commission considers the Regulatory Authority for Energy's (RAE) decision for the concession of mainland Greece's electricity interconnection with Crete to the Independent Power Transmission Operator (ADMIE) to be invalid.

Chief Prosecutor Sotir Tsatsarov has ordered a check on a signal from the Greens' Political Party, which was received on February 26th. This was announced by the Prosecutor's Office today.

The privatization of energy firms is entering the final stage and is expected to bring radical changes to the landscape in the local market.

The business plan of state sell-off fund TAIPED, as approved by the inner cabinet, provides for the sale of the state's energy holdings in Public Power Corporation, Hellenic Petroleum and Public Gas Corporation, along with the concession of minority stakes in the Athens and Thessaloniki water companies (EYDAP and EYATH).

Environmentalists organize protests in 10 cities against the expansion of the ski zone in Pirin.

They insist that the government repeal its decision of 28 December, which allows for the construction of new facilities with an investment intention for what is in line with environmental standards.

The contract for the concession of 67 percent of Thessaloniki Port Authority (OLTH) to the South East Gateway Thessaloniki consortium was finally signed on Thursday, after numerous postponements.

The German-French-Greek venture will pay 231.92 million euros to the state and make investments of 180 million.

The government is attempting to appoint staff to positions at the privatized Piraeus Port Authority (OLP) and to cancel a tender that OLP has already set in motion, with two amendments tabled for inclusion in a Shipping Ministry bill to be discussed on Thursday in Parliament.

The government has opened procedures for granting concession for service on four Black sea beaches. This was reported by the government information service.

Concessionaires will be appointed after a competition organized by the Minister of Tourism and conducted by a commission appointed by the Prime Minister.

The duration of the concessions will be 15 years.

Deputy Economy Minister Stergios Pitsiorlas conceded on Friday that the government is in the process of examining a list of problems that Fraport Greece identified and resolved at the 14 regional airports it took control of in spring, adding that if the German-led consortium can offer proof of the problems the state will pay any compensation that is due.