Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Thessaloniki Port Nine-Month Profit More Than Doubles on Cargo

Don't Miss Out —
Follow us on:

Nov. 30 (Bloomberg) -- Thessaloniki Port Authority SA, which operates Greece’s second-biggest port, said nine-month profit more than doubled as it handled more cargo and cut costs.

Net income in the nine months through Sept. 30 rose to 8.4 million euros ($11 million) from 3.4 million euros a year earlier, the company said in a statement on its website.

The number of containers handled increased by 11.3 percent and general cargo by 17.8 percent; costs were cut by 8.8 percent, according to the statement.

Greece plans to sell part or all of its 75 percent stake in the port in 2012 as part of a program to raise 65 billion euros by 2015 from state-asset sales and real-estate development.

To contact the reporter on this story: Paul Tugwell in Athens at ptugwell1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.