Folli-Follie, Setur Get Greek Marina Concession,Kathimerini Says

Folli Follie SA (FOLLI) and Setur Servis Turistik AS won a concession to operate a marina on the Greek island of Mytilini for 40 years, Kathimerini said.

The group will pay 250,000 euros ($331,100) a year and will invest about 630,000 euros in upgrading the marina, which will have restaurants, shops and offices for customs and the coast guard, the Athens-based newspaper reported, without saying where it got the information.

Setur Servis is a unit of Koc Holding AS (KCHOL), which is Turkey’s biggest group of companies.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.