News Snapshot:
The majority holding of Trieste Logistics Platform is to be acquired by one of the major players in the European ports network. The Port of Hamburg will take over 50.1% from the entrepreneurs Francesco Parisi and Vittorio Petrucco, who will retain active roles in the company after completing quayside works on the port of Trieste’s new logistics platform which have been in the pipeline for the last 20 years. In 2019, the Port of Trieste signed a memorandum with the state-owned China Communications Construction Company that was seeking a majority share. The deal now struck with the German company coincides...