“Thessaloniki Port Authority S.A.” (PPA S.A.), following its February 21, 2025 announcement regarding the cancellation of the tender for the acquisition of a majority stake in “Volos Port Authority S.A.,” in which it had been designated as the Preferred Investor, announces the following:
Following an appeal filed by PPA S.A. before the Single Authority for Public Contracts (E.A.D.I.S.Y.) and the Council of State against the cancellation of the tender process on grounds of notification and the legality of the reasoning, the Council of State, in its decision No. 869/2026, ruled in favor of PPA S.A.
Specifically, the Council of State ruled that PPA S.A. first became aware of the reasoning during the examination of the preliminary appeal it had filed due to the failure to previously notify it of the relevant cancellation decision.
The case, PPA notes in a related announcement, is being referred back to EADISY so that the grounds raised against the cancellation of the tender process can be examined on their merits.