– Greek State receives €1.234 billion upfront payment-Fraport Greece will further invest about €400 million for improving and expanding the airports' infrastructure by 2021- Focus on enhancing facilities, operational processes and the passenger experience- Single largest expansion of Fraport Group's international airport portfolio says CEO Schulte FRA/rap – Fraport Greece (73.4 percent owned by the Frankfurt based airport operator Fraport AG and 26.6 percent by Copelouzos Group) today commenced the 40-year concession for managing and developing 14 regional airports on the Greek mainland and popular holiday islands – a mamoth investment for the country's infrastructure and economically vital tourism sector.