The investments in the shipping of Techniki Olympiaki bring significant surpluses, with reports that it is preparing for new investments in this sector. The investment with Roma has yielded a dividend of $5.2 million against capital invested of $11.9 million. On the mega deal of investing in 6 ships, to date it has yielded considerable goodwill, as dividends of $11.3 million have been received against an investment of $6 million. 

THE OUTLOOK FOR THE INDUSTRY

The container ship market has seen freight rates fall in 2023, and prices currently remain low. However, the outlook is positive, as demand is expected to grow and expand in this sector. Moreover, the capacity of container ships, which is expected to be large in containerships, plays an important role. However, a further escalation of tensions with the Houthis may affect the shipping routes. 

TOURISM PROJECTS

Techniki Olympiaki is also active in marinas, as it already operates the one in Pythagorio, Samos. In the framework of the Development Law, it has submitted a file for port projects, projects in the surrounding area of the repair building and building facilities, with a total budget of €10 million. The company was named as preferred investor for the purchase of 186 properties related to red loans. These properties are located throughout the country and are managed by Intrum. To date, approximately 50 properties have been transferred and there is no deviation from the agreement reached.