Thessaloniki port authority posts 14 mln€ in profits for 2016

29 April 2017
1223 Views

The Thessaloniki Port Authority on Friday announced net profits of 14 million euros for 2016, with pre-tax profits reaching 21 million euros. Turnover fell by 5.54 percent to total 48 million euros.

Container traffic at the northern Greek port dropped by 2.11 percent in 2016, yoy, while bulk cargo fell by 17.39 percent in volume. Commercial exploitation of port facilities yielded increased turnover by 16.8 percent.

The port authority’s results were negatively affected by 32 straight days of strikes in the first half of 2016, along with the border blockade of a rail line connecting Greece with the former Yugoslav Republic of Macedonia (fYRoM) by third country nationals.

The latter demanded to be allowed to continue their journey to Germany, among others, after landing in Greece during a refugee/irregular migrant crisis.

Greece’s privatization fund (HRADF) recently accepted a bid by an international consortium for a 67-percent stake in the port authority.

You may be interested

Greece is a place where you can touch history, US Ambassador Pyatt says
DEFENCE
shares11 views
DEFENCE
shares11 views

Greece is a place where you can touch history, US Ambassador Pyatt says

Panos - Jun 14, 2021

"If I had to choose something from Greece, this would not be a specific place but a ... thing. It…

Where Europeans Get To Work From Home (infographic)
WORLD
shares18 views
WORLD
shares18 views

Where Europeans Get To Work From Home (infographic)

Panos - Jun 14, 2021

The social distancing measures introduced in response to the Covid-19 pandemic has forced many people to work from home and…

How many earths/resources needed if people lived like these countries (infographic)
GREECE
shares10 views
GREECE
shares10 views

How many earths/resources needed if people lived like these countries (infographic)

Panos - Jun 14, 2021

The world celebrated Earth Day last week, and if the citizens of the world lived like those of the United…

Leave a Comment

Your email address will not be published.