Ports – Legal Services

RFP for Legal Services in relation to the privatization of twelve (12) Port companies

Pursuant to the provisions of Law N. 3985/2011 “Medium Term Fiscal Strategy 2012-2015” (Government Gazette nr. Α’ 151/2011),  the Medium Term Fiscal Strategy 2012-2015 was adopted, together with the “Privatizations Programme 2011-2015” (Chapter Β’, Part ΙΙ “Privatizations”), which includes, inter alia, the further privatisation of Piraeus Port Authority SA (“OLP”) and Thessaloniki Port Authority SA (“OLTH”) as well as the privatisation of (i) Elefsina Port Authority SA, (ii) Lavrion Port Authority SA, (iii) Rafina Port Authority SA, (iv) Igoumenitsa Port Authority SA, (v) Alexandroupoli Port Authority SA, (vi) Volos Port Authority SA, (vii) Kavala Port Authority SA, (viii) Corfu Port Authority SA, (ix) Port Authority of Patras, and (x) Heraklion Port Authority SA (collectively referred to as the “Port Companies” or “Ports”).

Currently, the HR holds 74% approximately of the share capital of Piraeus Port Authority SA and Thessaloniki Port Authority SA, which are listed in the ATH.EX, and 100% of the share capital of the rest of the Port Companies.

The HR aims at the optimization of its Port portfolio and the Port infrastructure from a financial, commercial and operational point of view (the “Privatisation”).

In this context, the HR is seeking to appoint a specialised international legal counsel, in order to assist the HR and its other professional advisers in relation to the Privatisation.