Piraeus Port Authority announces profit increase for 2015

EconomyBanking Tags: Corporates
Photo via www.olp.gr
Photo via www.olp.gr

The Piraeus Port Authority (PPA) has released its annual financial statement for 2015, showing post-tax profits of 23.8 percent.

The port authority, which represents the largest seaport in Greece and one of the largest in Europe, has a split ownership between COSCO (51 percent), the Greek Shipping Union (33.3 percent) and the government of Greece (15.7 percent).

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