Greece considers listing 30% stake in Athens airport

Published On : 09/08/2022

ATHENS (Reuters) -Greece is considering listing a 30% stake in Athens International Airport, a government official said on Wednesday, after a review of the ownership of the country’s biggest airport.

Greece owns 55% of the airport and the country’s privatisation agency (HRADF) had shortlisted nine investors as part of a tender for the sale of a 30% stake, but the government is now looking at a listing on the Athens stock exchange, Alex Patelis, the Greek prime minister’s chief economic advisor, told Real FM radio station.

Athens has been reviewing the sale since the COVID-19 outbreak brought world travel to a standstill early in 2020.

Greece’s stake in the airport is held through HRADF and another state-owned entity. A private Germany-based airport manager, AviAlliance owns 40% of the company’s shares.

(Reporting Renee Maltezou; Writing by Angeliki Koutantou;Editing by Elaine Hardcastle)

Uma Rajagopal

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.