Port of Thessaloniki

Port of Thessaloniki
Overview
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Location
Country	Greece
Location	Thessaloniki
UN/LOCODE	GRSKG[1]
Details
Operated by	Thessaloniki Port Authority (Athex: OLTH)
Owned by	South Europe Gateway Thessaloniki Ltd (67%)[2] Belterra Investments Ltd – 71.85% Terminal Link SAS – 33% HRADF (7.27%) Other Shareholders (25.73%)[3]
Type of harbour	Natural/Artificial
Size	155 ha (1.55 sq km)
Employees	492[4] (2023)
Executive Chairman	Athanasios Liagkos [5]
Statistics
Vessel arrivals	2.098 vessels (2023)[6]
Annual cargo tonnage	16.777.263 tonnes (2023)[7]
Annual container volume	520.048 TEU's (2023)[6]
Annual revenue	€85.822 million (2023)[8]
Net income	€17.527 million (2023)[9]
Website www.thpa.gr

The Port of Thessaloniki (Greek: Λιμάνι της Θεσσαλονίκης) is the main maritime gateway to Southeast, Central and Eastern Europe, strategically located in Northern Greece close to the major Trans-European motorway and railway networks with direct access to the Southeastern European countries. ThPA S.A., listed on the Athens Stock Exchange since 2001, handles containers, conventional cargo, operates the free zone of the Port in accordance with tax and customs legislation currently in force authorized with AEO License, offers reliable and efficient logistics solutions and intermodal rail services and serves passenger traffic through cruise and ferry.

Following the privatization process, 67% of the Company’s (ThPA S.A.) share capital was transferred to South Europe Gateway Thessaloniki (SEGT) Ltd on March 23, 2018. SEGT Ltd. consisted then of "Deutsche Invest Equity Partners GmbH" (owning directly 47%), "Terminal Link SAS" (owning directly 33%) and "Belterra Investments Ltd." (owning directly 20%). The Greek State, via HRADF, retains since privatization a stake of 7.27% of ThPA S.A. and the remaining 25.73% is free float. On June 4, 2021, the shareholding structure of SEGT Ltd. was changed since shareholder “Belterra Investments Ltd.” purchased the entire share of "Deutsche Invest Equity Partners GmbH", therefore owning directly 67% and consequently becoming the controlling shareholder of SEGT Ltd. On 7 December 2021 Belterra, with beneficial owner Mr. Niko Savvidi, purchased a 299,855 shares of ThPA S.A.

Before this acquisition, Belterra had already purchased 189,447 shares that accounted for 1.88% of the total paid-up share capital of the Company. Following the above acquisition, the total number of shares and equal voting rights of the Company directly owned by Belterra is 489,302 and corresponds to 4.85% of its share capital.

Therefore, the total number of shares and the equivalent voting rights of Belterra, both directly and indirectly to the Company - through its direct participation in SEGT (which holds 67% of the shares and voting rights of the Company) - amounts to 7,242,902 which accounts for 71.85% of its share capital.^[10]