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Meeting of executives of ThPA S.A. with the Deputy Prime Minister of the Republic of North Macedonia

By 26/03/2019March 8th, 2024Press Releases

Over the past few days, the Chairman of the BoD and CEO of ThPA S.A., Mr. Sotirios Theofanis and the Chief Investment Officer and Executive Member of the Board of Directors of ThPA S.A., Mr. Arthur Davidian, met with the Deputy Prime Minister of the Republic of North Macedonia, Mr. Koco Angjushev, responsible for economic affairs and coordination with the economic sectors.

The main topic of the discussion was the Development Plan of ThPA S.A. in the Balkan area and, in this context, the potential investment for the creation of a Dry Port in the neighboring country. The meeting was held in a very good spirit and both sides agreed to continue contacts for the further maturity of this prospect.

It is noted that most of the imports and exports of the neighboring country, using containers, are made through the port of Thessaloniki. At the same time, for ThPA S.A., the major industries of the Republic of North Macedonia are key customers of the Conventional Cargo sector of the Port, as the raw materials and the final products are transported through the port to these industries.

The Administration of ThPA SA, following the strategic objectives of the investment group that acquired the majority percentage of 67% of the company’s shares in March 2018, implements the company’s Investment Plan to upgrade the port infrastructure and equipment and, at the same time, continuously explores the possibilities for cooperation in the Balkan countries, with the aim of making the port of Thessaloniki a major shipping and logistics hub in the Balkans and Southeastern Europe.