Press releases

A new improvement of the PPA S.A. Financial Results

Τhe Board of Directors of PPA S.A. approved the Annual Financial results 2019 (the full package of annual report will be available 21st Feb. 2020), according to which: The revenues amounted to € 149.2 million compared to € 132.9 million in the period of 2018, showing an increase of € 16.3 million or 12.3%. This change is mainly due to the revenues increase from the concession fee by 17.1 % or approximately by € 9.6 million. A further increase in revenue was recorded in the Cruise terminal by 18.3% or € 1.9 million and in the ship repair sector by 25.3% or € 2.4 million.

EU H2020 SAURON Project - PPA Pilot Event

The HORIZON 2020 project SAURON (Scalable multidimensionAl sitUation awaReness sOlution for protectiNg European ports (www.sauronproject.eu)), funded by the European Commission under contract 7400477, organized the “Pilot Event of the EU project SAURON” that was held on February 13, 2020, at Piraeus Port Authority, “ALIKIMOS” Cruise Terminal III.

Official visit of the Attica Regional Governor G. Patoulis at the PPA S.A.

The Chairman of the PPA S.A. Mr. Yu Zenggang had a cooperation meeting with the Attica Regional Governor Mr. Giorgos Patoulis with subject the expansion of the Piraeus passenger terminal for the construction of 2 berthing positions for "new generation" cruise ships. The project of initial budget € 120 million, is funded by the European Regional Development Fund through Priority Axis 7 of the Regional Operational Program Attica 2014-2020.  

Contractor declaration for the project "Cruise Terminal Expansion"

PPA S.A. announces that the construction company TEKAL S.A. was awarded as the construction contractor of the Cruise Terminal Expansion project of Piraeus Port Authority, after the financial bid of € 103 million plus VAT, initially budgeted € 136.3 million.   

A symbolic gift offer from COSCO SHIPPING to the Ministry of Maritime Affairs and Insular policy

A copy of the 19,100 TEU's 'CSCL Globe' container ship was COSCO SHIPPING's gift to the Ministry of Maritime Affairs and Insular Policy.

The PPA Management at the event of the Embassy of China

The PPA Management attended the Chinese Embassy's event on the occasion of the Chinese New Year organized by the Ambassador Mrs. Zhang Qiyue.

Meeting of the PPA Management with the Attica Regional Governor G. Patoulis for the expansion of the cruise terminal at the port of Piraeus

The expansion of the Piraeus passenger terminal for the construction of 2 berthing positions for the "new generation" cruise ships over 280 meters long and with 2,500 passengers’ capacity, was the focus of the meeting between Attica Regional Governor G. Patoulis with representatives of the Piraeus Port Authority. The project amounts to € 120 million which is funded by the European Regional Development Fund through Priority Axis 7 of the Regional Operational Program Attica 2014-2020.

First ship call for 2020 at the port of Piraeus

The ship OLYMPUS of Sea Speed Ferries called first at the port of Piraeus for 2020

Christmas Activities of Corporate Social Responsibility from PPA S.A.

As every year, PPA's Management organized numerous activities on the occasion of Christmas:

The floating dock “PIRAEUS II” is available again for ship repair works.

PPA S.A. announces that the "PIRAEUS II" floating dock has been delivered for use and is operating again after scheduled maintenance works.

The COSCO SHIPPING Charity Foundation is funding actions of the Red Cross in Greece

Today, 21st November 2019 at the events’ hall of PPA S.A. took place the ceremony for the establishment of the cooperation between the COSCO SHIPPING Charity Foundation and the Hellenic Red Cross, in the presence of the Minister of Shipping and Insular Policy Mr. Yiannis Plakiotakis, Members of the Parliament of A and B Piraeus, representatives of local authorities and other institutions.

PPA broke the 5 million TEU limit

PPA S.A. announces that today Monday, November 18th 2019 at 9:58 a.m. was handled the container with number CSUN7025891, which was unloaded from the COSCO SHIPPING CAPRICORN ship, reaching the total throughput in the port of Piraeus at 5,000,000 TEU for this year.

Official visit of the Ambassador of Ukraine to PPA S.A.

The Ambassador of Ukraine Mr. Sergii Shutenko had a meeting with the Deputy CEO Capt. Weng Lin and Mr. Athanasios Liagkos, BoD Member of PPA S.A. at the headquarters of the Company.

EUR 140 million EIB backing for Port of Piraeus transformation

• Prime Minister welcomes largest ever EIB port investment in Greece• Expanding principal port in Greece will create jobs and support growth nationwide• Scheme to expand and upgrade cruise, container and car terminal, develop new port logistics centre and improve infrastructure and equipment of  the ship repair zone

PPA S.A. participates in the “CHINA INTERNATIONAL IMPORT EXPO”

PPA S.A. participates this year again in the China International Import Expo (CIIE), which takes place in Shanghai from 5 to 10 November 2019, in which more than 3,000 companies from 150 countries take part.

The floating dock “PIRAEUS I” is available again for ship repair works.

PPA S.A. announces that the "PIRAEUS I" floating dock has been delivered for use and is operating again after scheduled maintenance works. "PIRAEUS I" is 202 m. long, with inner width 31 meters, has lifting capacity of 15,000 tons and can serve ships with capacity of 40,000 tons.

ANNOUNCEMENT

PPA S.A.announces that the scheduled maintenance works at the floating dock PIRAEUS I have been completed and the dock is available for ship repair works.

Homeporting increased by 18% at the port of Piraeus

One more newly built cruise ship "SKY PRINCESS" called at the port of Piraeus and welcomed by representatives of the PPA Management, who handed to the Cpt. Heikki Laakkonen an honorary plaque and books for the ship's library.

Investments of € 611.8 mil. were approved by ESAL

PPA S.A. announces that the Committee of Planning and Development of Ports (ESAL) approved investments amounting to € 611.8 million, which cover all the business units of the company and will contribute considerably to the development of the local and national economy.

Financial Results for the First Half 2019

The BoD of PPA S.A. approved the financial statements for the first semester of 2019. The basic figures are the following: