Greece on Wednesday ended a tender for the sale of Hellenic Shipyards SA, the nation’s greatest shipyard which has actually been under unique management, its money preacher claimed.
The debt-laden shipyard, based in Skaramangas near Athens, uses upkeep solutions to the Greek navy as well as the sale has actually become part of Greek federal government drive to upgrade its loss-making Greek protection sector as well as increase the nation’s protection abilities. A previous tender for the shipyard in 2015 was undetermined.
Forest Grove sent the greatest proposal for the shipyard under management, supplying 25 million euros, Hellenic Shipyards SA claimed in a declaration.
In a different tender for the sale of a realty made use of by the shipyard, Milina Enterprises Company Ltd., connected to Greek ship proprietor George Prokopiou, sent the greatest proposal, supplying 37 million euros, Greece’s realty arm, Hellenic Public Properties Company claimed.
“Today, a months’ long effort to solve several issues was completed,” Finance Minister Christos Staikouras claimed in a declaration, including that the overall cost, consisting of various other associated properties offered, got to 78 million euros ($ 92.02 million).
($ 1 = 0.8476 euros)
(Reporting by Angeliki Koutantou; Editing by Sandra Maler)
