PPA completes establishment of new subsidiary

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Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway.

The development follows an earlier announcement published by the listed company on 19 October 2026. According to the official statement, the new company’s initial share capital amounts to €30,000, with PPA holding 100% of its shares and retaining full control of the subsidiary.

The announcement confirms that the corporate establishment process has been completed, but provides no further details on the timetable for the launch of operations or the company’s specific business plans.

The new company is now part of PPA’s corporate structure. PPA operates the country’s largest port, which is also a key hub for maritime transport and supply chain operations.

Source: Naftemporiki