KLC Law Firm attended the signing ceremony for the PPP contract concerning the Operation and Maintenance of the Thessaloniki Metro Network
We are extremely proud to have attended the signing ceremony held on 4/10/2023 for the Public Private Partnership (PPP) Contract concerning the Operation and Maintenance of the Thessaloniki Metro Network.
The PPP Contract was signed between ELLINIKO (former ATTIKO) METRO S.A. and “THEMA Consortium – ATM S.p.A. – Egis Projects S.A.S. companies”, in the presence of the Prime Minister, Mr. Kyriakos Mitsotakis, the Minister of Infrastructure and Transportation, Mr. Christos Staikouras, the Minister of Culture, Mrs. Lina Mendoni, and many state and local representatives and officials.
The signing of the PPP Contract marks the successful completion of a challenging and innovative international tender process for a pioneering project, in the sense that the operation and maintenance of public transport is entrusted to the private sector.
Apart from its involvement in the tender process itself, since June 2023 KLC continuously supported ELLINIKO METRO in the conclusion of the PPP Contract with THEMA Consortium, for a duration of 11 years against a consideration of 250 million euros. The KLC team was led by Prof. Vassilios Voutsakis and Dr. Peggy Zacharopoulou, Partners, and comprised Dr. Vassileios Karayannis, Partner, Elina Stratiki, Senior Associate, Marina Pantalou, Senior Associate, and Barbara Giannakou, Senior Associate.
