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Tag Archives: Cosco

Chinese online giant Alibaba considers to expand in Greece

Chinese online-shopping giant Alibaba is expressing an interest in Greece now that Cosco Pacific’s investment in the port of Piraeus appears to be in the bag. Officials of the world’s biggest online sales corporation will visit Athens this week, and in September Alibaba has arranged for contacts with the Greek …

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Deputy PM Dragasakis: “We have a long list of investment opportunities”

Real and potential investors were shocked on Wednesday to hear new Greek coalition government government ministers announcing the halt of privatizations. Most worried of all,  is China with its 35-year concession agreement for its COSCO subsidiary in Piraeus – in operation since 2008 – and its plans to buy large …

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Cosco Hellas: Captain Wei goes… targets allegedly not met

Powerful and multi-awarded Captain Wei Jia Fu, chairman of the board of Cosco Hellas returns to China after a decision of central party committee. China Ocean Shipping Group (Cosco) announced the decision on Tuesday. Greek media report of some investors allegedly blaming Captain Wei for losses during the last two years. …

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HP-Cosco-Trainose hub deal signed in Athens

Boosting competitiveness, creating thousands of jobs. The hub deal between Hewlett-Packard, Cosco and Trainose brought smiles in the faces of Greek government, the Prime Minister and the Development and Maritime ministers. “The deal between Hewlett-Packard, Cosco and Trainose to use Cosco΄s cargo terminal at the port of Piraeus as a …

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