Tag Archives: Hochtief

Τhe Greek Finance Ministry has tabled bills to compensate the Athens International Airport managed by German Hochtief and 14 regional airports managed by German Fraport for losses in 2020 due to the pandemic. A bill that will provide 177.9 million euros to 14 regional airports managed by Germany-based Fraport was …

Read More »

An Athens court confirmed Greek government’s tax claims from the giant German constructor Hochtief. According to the court, the Greek government has every right to claim approximately €600million from the company that runs Athens airport “Eleftherios Venizelos”. The company has not paid any Value Added Tax since 2001, that is …

Read More »

German constructor Hochtief sold its stakes of Athens International Airport “Eleftherios Venizelos” to Canada’s Public Sector Pension Investment fund for 1.1 billion euros. Hochtief, which is controlled by Spanish ACS, has sold its Athens Airport stake in order to cut debt and invest in its infrastructure business. The announcement “HOCHTIEF …

Read More »

“Hochtief AG, Germany’s largest builder, is reviving the sale of  six of  its airport-operating business and has invited potential buyers to submit offers, according to three people familiar with the matter, ” Bloomberg reported on Thursday. The German company plans to sell its stakes in the airports of Athens, Hamburg, …

Read More »

That’s odd. In fact, I think that’s more than odd and it borders to suspicion. One week after the President of European Parliament Martin Schulz proposed to turn Greece into a special economic zone with EU officials sent to control the proper operation of the whole project, the President of Federation of …

Read More »