Port of Piraeus run by "Piraeus Container Terminal PCT S.A.", a subsidiary of COSCO. In 2013, PCT finished the construction of Terminal 3 with a capacity of roughly 2.7 million TEU. The total port capacity is 6.7 m TEUs. COSCO's involvement was accompanied by protest. According to trade unionists of PPA, the arrival of COSCO led to reductions in salary and social benefits, exclusion of union members and increased pressures on time and performance. According to an interview in 2012 with Harilaos N. Psaraftis, a professor of maritime transport in Athens, in some cases the salaries of workers were $181,000 a year with
Piraeus plan was also drawn up and approved by King Otto, but not completely fulfilled, as it was revolutionary for its time. The municipality was established in 1835, reviving the ancient name 'Piraeus'. Following petitions from the new and emerging prosperous bourgeoisie, municipal elections were held to elect a mayor for the city, Kyriakos Serfiotis of Hydra. Piraeus had around 300 inhabitants at this time. Piraeus, from a deserted small town, quickly became the leading port and the second largest city in Greece, with its prime geographical location and closeness to the Greek capital helping it continually to grow, attracting people