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2. Piraeus Port: A port of public authority and business.

As in all ports the land and maritime space belong to the

State. With the Concession Agreement (N.3654/2008) the
management and exploitation of space allocated to it were handed

to PPA SA. Piraeus Port Authority was established by

Eleftherios Venizelos, who was a citizen of Piraeus in 1930.

Established as the Port Authority in 1950 (N.1559/1950), it was

transformed into a Societe Anonyme in 1999 (N.2688/1999),

introduced in the Athens Stock Exchange in 2003, selling to retail

investors a 25.86% stake, while in 2012, the State contributed to

HRADF 74,14% of its shares.

The PPA is essentially a dual legal personality: It is

simultaneously an Enterprise and an Authority through or in

conjunction with other public bodies exercising public authority

(free zones, customs, port, health, fire, portals of entry - exit of the

country, security, environmental, towing, shipwrecks, etc.) and is in

fact the dominant Regulatory Authority area of responsibility, as

evidenced by the most recent law (Law 3755/2009) for the

concession of Piers to PCT.

3. Piraeus Port: The National Port of the Country.

The port of Piraeus from being a sub - Port Authority of Hydra

in 1836, gradually became the main port of the country. From a

local port (1830 - 1930) it was transformed, through the

establishment of the PPA, into the largest commercial port in the

country, which contributed to the revival of Piraeus and its

transformation into an industrial centre of the country. It is the

shipping centre of the world for Greek and Greek owned shipping,

in which 900 shipping companies of N.2687/1953 N.27/1975 have
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