Category: Undertakings

In 2023 the group from Cyprus chose Mykonos to present a new hotel concept, the Amyth Hotels. The first hotel has been open since April 2023 in Agios Stefanos, while in May 2024 it will open a new Amyth in the popular Super Paradise in a fully renovated complex consisting of 50 rooms, suites and…

Its group clearly scored EUR 806 million for 2023, reduced by EUR 968 million in 2022, according to the results announced today (3.4.2024). In detail, Motor Oil’s turnover was respectively EUR 13,3 billion compared to EUR 16,6 billion in 2022 (-20%) and the operating profits EBITDA at EUR 1.38 billion compared to EUR 1.69 billion.…

Its group clearly scored EUR 806 million for 2023, reduced by EUR 968 million in 2022, according to the results announced today (3.4.2024). In detail, Motor Oil’s turnover was respectively EUR 13,3 billion compared to EUR 16,6 billion in 2022 (-20%) and the operating profits EBITDA at EUR 1.38 billion compared to EUR 1.69 billion.…

Under-Secretary of Finance Thanasis Petralias assured from the House’s step that “he will do everything possible to operate the” defending the amendment submitted to the Single Digital Market bill, giving a new extension of the deadline for the completion of the company’s special management. For their part all Opposition parties accused the government of leading…

By 7.94%, INTERLIFE’s insurance premiums increased in the first quarter of 2024 against the corresponding quarter of 2023 further strengthening its position on the insurance market. More specifically, according to the insurance announcement, production in the car industry increased 5.69% and production of Other Branches 12.25%. It is also worth mentioning that the rate of…

It carried about 2.9 million passengers recording equivalent traffic growth of 11% on both the internal and external network during the 1st quarter of 2024. In the traditionally weaker quarter of the year AEGEAN carried a total of around 2.9 million passengers, increased by 279 thousand compared to 2023, having offered around 3.5 million seats…

Open Fiber cooperates with Telecom to achieve the EU’s Community Gigabit supported by relevant European initiatives, Intracom Telecom announced. Intracom Telecom, a global provider of technological systems and solutions, announced the extension of cooperation to achieve a Community goal with Open Fiber, a wholesale network provider of Italy. As of 2019, Open Fiber pioneered the…

The group grows steadily high, culminating in the first quarter of 2024, during which rapid growth is recorded , according to the group’s announcement. More specifically, in order to meet the increased sales ALUMIL runs a large investment project of more than EUR 20 million in 2024 aimed at increasing its production capacity, which includes,…

Today, Wednesday, April 3, 2024, the operational agreement between the Greek State, represented by the Deputy Minister of National Economy and Finance responsible for the Recovery and Durability Fund, Mr.Nikos Papathanasis, and her for the exploitation of the loan resources of Greece 2.0. It is noted that prior to the agreement with Attica Bank on…

Its announced pre-tax profits of 17.0m euros for 2023 against losses of 5.1m euros of 2022. According to the Dimand Group Communication, 2023 is characterised by strong operating performance, with an increase of EBITDA by 170% from 7.1m euros in 2022 to 19,2m euros in 2023. On 31.12.2023, the total portfolio developed and managed by…

JUNEYAO AIR and AEGEAN announced their launch for common code flights, thus offering their passengers the opportunity to benefit from the increased connectivity of the two companies, turning Athens into an entry gate between Asia and Europe. With the addition of a new flight from Shanghai to Athens, JUNEYAO AIR significantly increases the European destinations…

Since the beginning of 2022 and until now, there have been 127 000 in different rounds (about 90,000 properties), worth 14.8 billion euros. Of these auctions only 14.9% there was a bidder (so new owner), while 44% of the auctions did not participate in the process, according to information given by the platform iauction.gr. Regarding…

The Council of State ( ) considered the decision of the former Minister of Rural Development, Dimitris Georgantas, under which the registration of varieties of the plant variety “Kalamon” was approved as a synonym for the old name “. It is recalled that in relation to this issue an appeal had been made by the…

With profitability they closed the results of 2023 for the , recording before tax 90.76m euros, significantly enhanced both by the acquisition of the activities of HSBC’s Greek branch and by the Bank’s own business activity. According to the relevant communication, the normalised pre-tax result (excluding the benefit from the acquisition of HSBC), also recorded…

Three years was recently completed by the company’s first and largest Energy Community of EN.A. , now listing 5,000 members who honor it with their trust. Starting again, HEROS, a member of the GEK TERNA Group, presented in January 2021 on the Greek market the “Energy Community of HOURS EN.A”, offering access to the production…

Progress has been slowed to an average of 20% compared to 30% in 2022 At the same time as research, many businesses have extended the deadlines set for achieving their objectives, with timescales shifting from 2036 to 2050, as large-scale investments are required for sustainable development, planning and cooperation between the sectors of the economy.…

Issues related to net-metering (energy netting) and the successor scheme, net-billing clarified by the Association of Photovoltaic Companies, following general reports by the Minister of the Pen, relevant publications, but also unseen rumors that have disrupted the market. Is net-metering “illegal” for photovoltaic energy produced under Community legislation, as some claim? Of course not. Net-metering…

Operating profitability of EUR 230 – 250 million is set for this year , according to its presentation of the results of 2023 . In particular, following the improvement in the financial results in 2023, with the unexecuted amount of EUR 3.15 billion (2.5 billion in the cable arm and EUR 650 million in the…

Her plans were presented yesterday by her management, as part of the communication of the results of 2023. In relation to the contracts which Intralot claims in the US, in terms of administration, as reflected in the teleconference, it is estimated that a low one-digit number of these contracts can be secured, which is sufficient…

The opening flight from her to her landed at Athens International Airport on April 2, marking the successful launch of the first direct intercontinental connection with Shanghai in 2024, which is the fourth intercontinental route to be conducted by Juneao Air. The new intercontinental flight is still a proof of the company’s best practice, which…

The largest investor in projects and PPPs, managing more than 1,600 km of major highways, with its addition and Attica Road, is the GEK TERNA group. A few weeks after he emerged as a temporary contractor in the tender for the BOAK concession contract, for which the deadline for submitting appeals by competitors also expired,…

2024 is expected to be a ‘sauler’ year for the , as the process of absorption of Intercontinental International SNEAP (‘ICI’) is expected to be completed. At the time of running three more important projects in the field of logistics, which also has a strong presence in the offices and in the hotel industry. As…

The competition procedure for the exploitation of Kalamata International Airport (‘Captain Vas. Constantakopoulos’) is proceeding according to the planning of the Trans-Tamion. The period of submission of comments by the prospective investors on the tender documents expired days ago, and we recall that at the end of January the four pre-selected tenderers had been given…

Green €26 million at the cement factory in Kamari Boeotia opened the group today (2.4.2024) as part of a special event. To date, the achievements and initiatives that will make the factory in Kamari as one of the largest, fully digitized and green cement plants in Europe, with a horizon of 2030, emerged as the…

The need for a second transport system to be created in the medium term in order for the country – combined with storage – to be able to absorb the green energy produced in Greece, or to be traded through international interconnections, was highlighted by its president and CEO, Manos Manousakis, in his placement at…

The withdrawal of the license of the company “Prelium Investment Services GDPE” today decided (2.4.2024) its Board of Directors. The Capital Market Commission also decided to impose a fine of EUR 120,000 on the company ‘Prelium Investment Services GDPE’ for not taking measures to protect its customers’ capital and its major organisational issues. He still…

Temporary contractor for the “Study, Construction, Financing, Operation, Maintenance and Exploitation of the Northern Road Axis of Crete ( ) in Chania – Heraklion” was appointed GEK TERNA, according to a decision of the political leadership of the Ministry of Infrastructure and Transport. Upon completion of Phase II of the international competition for the submission…

It was rejected by the Council of State (GEK TEA) that the French company’s joint venture with Mytilineos against TAIPED for its concession tender, where it has tendered . It is recalled that the GEK TERNA Group was declared a preferred Investor by the Board of Directors of TAIPEDE (EUR 3,27 billion) to award a…

“Champion” in the increase in wages emerged the tourism industry in 2023, according to the figures reflected in the final findings of the Centre for Planning and Economic Research (KEPE) to adjust the minimum wage. The biggest wage increase for 2023 was observed in the tourism sector (9.1%) at the same time as employees fell…

S.A. announced that a Shareholders Agreement was signed within the framework of the strategy with the Brook Lane Capital Group (the Framework Agreement – Framework Agreement, signed on 27.01.2022) for the development of a mixed-use tower (‘Mixed Use Tower’) within the Business Centre (‘Commercial Hub’) in the area of Vouliagmenis Avenue. On 28.3.2024 the signatures…

“The regeneration of the manufacturing industry is inextricably linked to the welfare of our country”. With this phrase, Mr.George Perdikalis, its President, summed up the importance of the existence of a growing and healthy activity of Greek technical companies, for the economic and social development of Greece, speaking at the “Infrastructures and Networks” conference held…

Long-term bilaterals (PPA) were signed by Energy & Metals and Karatzis Group to produce and absorb ‘green’ energy of a total capacity of 210 MW from the PV power portfolio under construction 262 MW. Under this bilateral agreement, Mytilineos will be able to use 80% of the energy produced, strengthening its ‘green’ supply portfolio. This…

The 469-acre property plot of SINGIDUNUM – BUILDINGS D.O. in Belgrade was completed, according to a S.A. announcement. More specifically, Lamda Development announced that on 26.3.2024 the notarial act was signed between SINGIDUNUM – BUILDINGS D.O.O. (100% indirect subsidiary of the Company) and MEGAPARK D.O.O. (a subsidiary of Belgrade-based BIG CEE, Serbia) for the sale…

The Greek industry is also increasing in 2023, surpassing 100m euros, according to data from the Association of Greek Alcoholic Drinks Producers (SEAOP). Although exports of all European alcoholic beverages decreased by 7% in 2023 compared to 2022, the Greek beverage/distillery industry stood out by increasing its exports by 9.4%, surpassing the 100m-euro barrier. Engine…

Over twice as many are their prices in the first months of 2024 as in 2017, where it was the year one of the largest falls in their values was recorded throughout the country. Today, in some of the most popular regions of Attica, they can be increased by 214% compared with seven years ago.…

On Sunday (31.03.2024) the period for the submission of investment projects was completed in the context of the Call for Interest of the “Upgrading” project of the “Tourist Development” Action, a total contribution of €43.3 million . In total, aid applications were submitted from almost all of the country’s licensed ski resorts, which amount to…

In a new record it was moved in 2023 with its financial performance being higher last year, and with more than double and profits over 2022. The Superfund announced its results report for 2023 having to show record revenues reaching 177.4m euros. In detail, he announced that dividend revenues for the year 2023 (€177,4 million)…

Three Greek pharmaceutical companies are creating production plants for substances and drugs in the BI. IP Tripoli, proving that Greece can be a centre for all of Europe. When the investment of the companies DEMO, WINMEDICA of the ELPEN and FARAN group is completed, we will have the possibility of producing drugs for the first…

Positive on taking risks from shares and during the second quarter is BlackRock, according to her report. The investment bank “severes” in the decline of inflation, in the expectations of interest rate cuts and in strong corporate profits, considering that a favourable climate for investment is being created. Without excluding corrective movements in the short…

The measure suspending them in enterprises active in the furry industry shall be extended until 30.6.2024. These are the operations affected by the consequences of the war in Ukraine. This measure for work contracts in furry is implemented from July 2022 to March 2024, with the same terms and conditions as the No. 67806/19-7-2022 (B…

By 21.52%, the turnover of KYKNOS S.A. increased, from the beginning of July 2022 to the end of June 2023, reaching 36.29m euros compared to 29.86m euros in the immediately preceding year, based on the company’s latest financial statements registered at GEMIS. According to the management of the canning company: “It is notable that despite…

By 21.52%, the turnover of KYKNOS S.A. increased, from the beginning of July 2022 to the end of June 2023, reaching 36.29m euros compared to 29.86m euros in the immediately preceding year. According to the management of the canning company: “It is notable that despite the intense inflationary environment and reduced consumer purchasing power, the…

S&P Global’s seasonally adapted managers were formed at 55.9 units for the manufacturing sector in Greece (Purchasing Managers’ Index – PMI) in March. More specifically, the supply index recorded an increased price in March compared to February, which was 55.5 units, indicating a faster improvement in the health of the manufacturing sector since February 2022.…

In recent years, both foreign and Greek investors have been interested in the untapped “filettes” of the Southern Suburbs belonging to the . More intense interest is there for the free areas of the Archdiocese of Athens in Vouliagmeni, which gradually come out in competition for their use. This is a process, however, which has…

By the end of the first semester 2024 the “green” bioclimatics on Piraeus 180 – 186 are expected to be completed and delivered to his new tenant. And if at first sight it does not appear to be more than another project to implement buildings in Attica, however, this “transformation” of offices has its interest.…

The business sector has the potential to achieve rates of 4% (in deflated terms) in 2024, estimates. The Directorate for Economic Analysis of the National Bank, the main proponents of this development, will be the gradually stronger European demand as well as the further exploitation of European resources mainly for infrastructure and digital upgrading projects.…

The business sector has the potential to achieve rates of 4% (in deflated terms) in 2024. The Directorate for Economic Analysis of the National Bank, the main proponents of this development, will be the gradually stronger European demand as well as the further exploitation of European resources mainly for infrastructure and digital upgrading projects. In…

As stated in its communication: GEKTERNA GA / RIC: HRMr.AT announces that it signed today, as the original shareholder and member of the company “NEA EGNATIA ROUTE ADMITMENT OF ANNOUNCEMENT COMPANY”, the concession agreement regarding the right to finance, operate, maintain and operate the Egnatia Highway, as well as the three (3) vertical roads to…

before interest and depreciation (EBITDA) of EUR 5,246 million was presented by Hebroparma SA in 2023, with an increase of 46% compared to 2022. In particular, the consolidated results before tax in 2023 amounted to EUR 2,707 million, showing an increase of 78% over 2022, where the corresponding amount was EUR 1,522 million. Accordingly, the…

An increase of 5.4% announced by 2023 compared to 2022, with the net reaching 5.8m euros, according to the company’s financial results. More specifically, Intralot’s EBITDA profits increased by 5.4% in 2023, reaching 129.5m euros, while in 2022 the EBITDA margin rose to 35.6% from 31.3%. EBT profits amounted to EUR 33.6 million in 2023…

The traffic increased by 15.7% in February 2024 compared to the corresponding month of 2023 in all of our country (Athens Airport “Eleftherios Venizelos”, 24 AIA management airports, 14 regional airports of Fraport Greece), according to the statistics of the Civil Aviation Agency. As the statistics show, the total passenger traffic at airports (airport arrivals…

The electrical interconnection project – Cyprus – Israel commented on its president and CEO, M. Manousakis, speaking at the 5th POWER & GAS FORUM, stressing the strengthening of the country’s position internationally. Mr Manousakis referred to the IPME investment programme which he described as realistic, taking into account the increasing penetration of renewable energy sources…

The traffic increased by 15.7% in February 2024 compared to the corresponding month of 2023 in all of our country (Athens Airport “Eleftherios Venizelos”, 24 AIA management airports, 14 regional airports of Fraport Greece), according to the statistics of the Civil Aviation Agency. As the statistics show, the total passenger traffic at airports (airport arrivals…

In 2023, the increase in prices and sales volume increased and increased. FAGE sales and profits increased 13.9% in 2023 compared to 2022, reaching $629.2 million, according to the company’s financial report. This increase in turnover is attributed by the company to the valuations of its products, with the average increase in net price being…

Double sizes achieved within five years, from 2018 to 2023, having recorded record sizes last year, i.e. more than 1 billion euros and operating profitability (EBITDA) of 272m euros. These high performances of the turnover are attributed to the fact that the company is more “balanced”, as said yesterday (28.3.2024) during the teleconference of analysts…

Yesterday (28.3.2024) the producers’ expectations for possible compensation for the energy needed to ensure the stability of the electrical system by the Secretary-General of Energy Aristotle Aivaliotis. Energy cuts from RES on a large scale will mainly concern the period 2027-2028, as the secretary general said in a speech at the Power & Gas Forum…

A reduction of 0.5% of the supply for small ones was announced by NBG Pay in the context of the mandatory use of POS terminals, thus supporting small and medium-sized , with a steadily reduced e-commerce clearing fee. Individual companies, joint and heterogeneous companies can accept payments via POS, for transactions up to EUR 10,…

In a package of interventions for the final settlement of those related to the , in the light of the need to stop the financial bleeding of the State from the operation of the company – which is valued at hundreds of millions of euros that burden all taxpayers – resulted in the joint ministries…

Her financial results report for 2023 was published by Cenergy Holdings with the company announcing profits of 73m euros and distribution of a dividend of 0.08% increased by 60% compared to 2022. The report provides a comprehensive overview of consolidated economic performance, business strategy, environmental and social performance, as well as the practices followed in…

In a package of interventions for the final settlement of those related to the , in the light of the need to stop the financial bleeding of the State from the operation of the company – which is valued at hundreds of millions of euros that burden all taxpayers – resulted in the joint ministries…

Cordia announced his involvement in the retail market for security services, and is expected to announce his cooperation with a telecommunications provider in the near future. In the group participates SMERC, the fund led by Marianna Latsi’s family office. The prospects of the Cordia Group active in the field of Integrated Management of Buildings, Facilities…

‘ The hourglass empties” for applications for investment in winter and alternative tourism businesses, such as mountain shelters, with resources from the Recovery Fund. This is because on the coming Sunday the deadline for the application expires with the simultaneous submission of these investment plans for evaluation and approval. Overall, the two programmes (for mountain…

No extension will be given to management companies for the implementation of the digital information and communication platform with them , which must operate on each company from the coming Monday 1 April. The management companies reportedly had a meeting yesterday with the Secretary-General for Finance and Private Debt Management, Mr. Godini Alabamas, on the…

A 10.2% increase was noted in the number of their industries and construction workers in 2023, according to the results of the information system “ERGANIS”. In particular, industry and construction companies in 2023 amounted to 27,998 compared to 2019 when the same industry’s enterprises reached 25,393. Businesses increased to 18 out of 27 branches, decreased…

The construction of a new 150 metres with approximately 40 floors starts on the area of the former airport in Greek or, in collaboration with an international investment fund BrookLane, an investment estimated at over 200m euros. This new Tower of Lamda Development in Greek will have mixed use and in particular residences and hotel.…

Premia Properties ran over EUR 300 million in 2023, which was even 13% higher than last year. At the same time, the company, although having increased turnover by 26%, had a significant profit reduction, as of the 15.86m euros in 2022, reached 7.24m euros, decreasing 54%. At the time that the Skyline project has entered…

A contract for the issue of a bond up to 100m euros was signed by AE on 27 March 2024 with organizers Piraeus Bank and the National Bank of Greece. Intralot SA’s bond loan will last up to 30.6.2025 and initial bond lenders Piraeus Bank, the National Bank of Greece, Optima Bank, Attica Bank and…

By 17.5, the group’s investment real estate leases increased in 2023. According to the relevant Communication, this increase is the result of the maturity of new investment in real estate income and new leases under the investment strategy implemented by the group. In particular, the proceeds from investment property leases of the Trastor group amounted…

14% increased the SNEAP for 2023, according to its announcement. In particular, rent revenues amounted to EUR 9,1 million compared to EUR 8 million of last year. The increase in BriQ Properties revenue is mainly due to the lease of the expansion of the first Logistics Building (AD 1) located at the company’s Logistics Park…

11.6% increased the group in 2023, according to the Single Annual Report 2023 published today (28.3.2024). In addition, the TITAN Group, in addition to high sales, has shown strong performance in reducing emissions of pollutants alongside performance records, increased returns to shareholders and creating long-term value for participants. “These achievements underline Titan’s commitment to sustainable…

Continuous development is recorded for Lavazza, according to the corporate strategy, resulting in turnover for 2023 being over EUR 3 billion. The Board of Directors of the Lavazza Group approved the Financial Statements on 31 December 2023 and announces the main economic indicators: “In 2023, the macroeconomic scenario for the industry was extremely complicated due…

On the third day of his apology, Dimitris Koutsolioutsos’ founder “throwed” spikes for persons who contributed to her collapse, without giving names, denying all the charges attributed to him and speaking not to illegal alteration of evidence but to “motivating the image of the company”. At the same time, Folli Follie’s founder stated that he…

The price evolution index was moderated in February 2024 with products increasing on average 2.75% compared to February 2023. The apparent holding of the price evolution index in supermarkets in February 2024 shows that inflation in supermarket chains is of the order of 2.75%, compared to 3.00% in January 2024, according to a survey by…

on the conclusion of an agreement on the underwater cable projects of alternating currents of the Dodecanese interconnections and the islands of the Northeastern Aegean. The IPTO tender procedure concerns the promotion of contractors for the project: “Study, Supply & Installation of submarines and underground cables in the context of island interconnection projects with the…

In occupation of the LARCO plant in Larymna they moved on yesterday (27.03. 24) workers in LARCO. They shut down the gates and the administration building themselves, asking for the factory to reopen. It is typical that workers’ unions in LARCO have culminated in their efforts in recent times calling for “the decisions that have…

With the basic slogan “Open Lights” it is held in May by its great annual European conference in Athens. Specifically, the European electricity link Eurelectric with PPC host will host the entire branch of Old Epirus on 22-23 May 2024 in Lagonisi. A total of over 500 officials, experts and executives will take part in…

Sonoco Hellas SA, which is a subsidiary of the American company Sonoco Products Co. This news was received by the workers of the two Sonoco Hellas factories (Thessaloniki, Kilkis) the day before yesterday (26.03. 24) The reason for the two factories of papermaking Sonoco Greece S.A., a subsidiary of the American colossus in the packaging…

Under the basic slogan “Open Lights” it is held in May by its great annual European conference in Athens. Specifically, the European electricity link Eurelectric with PPC host will host the entire branch of Old Epirus on 22-23 May 2024 in Lagonisi. A total of over 500 officials, experts and executives will take part in…

The big plan for the construction of the government “Andreas Ledakis” in the area of the former which will house nine ministries and other public services still needs a significant period of maturation, as the relevant competition is probably expected in 2025. However, a first step towards the creation of the project, also known as…

“Window” for new increases in the price of juice leaves its Economic Analysis & Investment Strategy department for March 2024. According to Piraeus Bank’s agricultural product price bulletin, market concerns on the issue of supply are expected to remain, as problems arose in the crops of New Europe, such as the “greening” of the fruit.…

The cessation of service of her Mir payment cards from April 3 announced today (27.3.2024) Samsung Pay payment service, owned by South Korean Electronics. In particular, Samsung Pay said in an announcement that “as of April 3, 2024, adding and using Mir (Russia) cards to Samsung Pay will not be available.” The payment cards issued…

In the IT and technology sector , as part of a self-employed research into a possible horizontal partnership for the distortion of public competitions (bidrigging). As stated in a Communication from the Competition Committee, such checks are carried out on undertakings from which data on anti-competitive practices in the investigated markets may be collected and…

As the consultant company NEPA Economic Consulting states, in its newsletter, the activation of TEPIX III with the participation and total budget of EUR 500 million, aims to support loans and guarantees totalling EUR 2.2 billion with the leverage of funds by banks. This new programme in cooperation with banks is moving in the right…

The prospects for these are particularly positive, according to the study of the Foundation for Economic and Industrial Research ( ) on the ” Trends, challenges and prospects of Construction”. According to IOBE’s study, the Recovery and Durability Fund (TAA) along with the other European Funds and National Funds will finance infrastructure projects that will…

The rating agency gives a positive vote in his report he published today (27.3.2024). The Greek banks, according to Moody’s, in 2023 benefited from the high interest rates on loans and low impairments thus presenting strong profits in the recent annual results of the four systemic banks, Alpha Bank (Ba1/Ba2 Positive, ba3), Eurobank (Baa3/Ba1 Positive,…

The redevelopment of an old, empty former industrial building in an office building by Hellenic Properties also marks the first in collaboration with the Greek ESG-focused fund Sirec Energy. It is a former industrial building in Taurus, very close to the metro line 1 station in Kallithea, a total area of 5,200 sq.m., which will…

Major developments have been taking place lately in its large investment , as significant information on how some of the major projects implemented by Lamda Development have been progressing. In this context a few days ago it became known that Riviera Galleria, the second mall, which will take “sarka and bones” in the marina of…

Pending the submission of new requests for securitisations under “Herakles 3” , the plan for the securitisations of Attica Bank and the Maghreb Bank is in progress. The two banks have sent the data of loans that they want to securitise to DBRS and are awaiting the assessment of the house that is pre-requisite to…

The time comes for the signing of the concession contract of Egnatia Road between the consortium and Egis (75% – 25% respectively in the concession, 100% TERNA in construction). As we had recently mentioned, March was regarded as the critical month for this concession agreement, we are now on our way to its completion and…

The completion of the 84 MW acquisition in Romania was announced by PPC S.A. (“”) through PPC Renewables S.A.’s subsidiary (“PPC Renewables”) and following the fulfilment of certain conditions (precedent), usually in such transactions. PPC purchased the wind park from the European subsidiaries of the Lukoil Group of 100% of Land Power s.r.l., which holds…

In cooperation with the HDB, it participates in the re-enactment of the Fund for Small Loans of Rural Entrepreneurship, using additional resources of EUR 40 million. The aim of Piraeus Bank’s cooperation with the Greek Development Bank – HDB is to finance professionals in the primary sector (farmers and farmers), as well as small and…

Papoutsanis SA, the first soap production in Greece, announced its annual financial results for 2023. According to the company’s results, significant development of the product names was observed. More specifically, branded products increased by 36% in 2023 compared to 2022. In 2023 the company’s pre-tax profits amounted to EUR 5,0 million, increased by 28% compared…

Papoutsanis SA, the first soap production in Greece, announced its annual financial results for 2023. According to the company’s results, significant development of the product names was observed. More specifically, branded products increased by 36% in 2023 compared to 2022. In 2023 the company’s pre-tax profits amounted to EUR 5,0 million, increased by 28% compared…

The (Bloomberg: GEKTERNA GA / RIC: HRMr.AT) announces, in a follow-up to a relevant question from the Capital Market Commission, that a temporary contractor has been appointed to the project “STUDY – CONSTRUCTION – FINANCING – OPERATION – CONSTRUCTION AND EXTRUCTION OF THE NORTH CRETE ODD (B.O. A.K.) IN THE HANIA – HERAKLEION SECTION”. The…

In Canada, the president and CEO of Energy & Metals, Evangelos Mytileneos, is in charge of the company in the country. In a meeting with Greek Prime Ministers Kyriakos Mitsotakis and Canada Justin Trideau in Toronto, he had the opportunity to discuss more extensively MYTILINEOS’ investment in Alberta. It is recalled that the company has…

The Chinese vehicle manufacturing industry of new energy technology with a leading position in the China vehicle market, produced 7 million technology (NEV) on its production line in the city of Jinan, the capital of Sadong Province located to the east of China. It was a vehicle of the Denza N7, while BYD became the…

In Canada, the president and CEO of Energy & Metals, Evangelos Mytileneos, is in charge of the company in the country. In a meeting with Greek Prime Ministers Kyriakos Mitsotakis and Canada Justin Trideau in Toronto, he had the opportunity to discuss more extensively MYTILINEOS’ investment in Alberta. It is recalled that the company has…

‘ The curtain falls” for applications to join its action , entitled “Enhancing the Establishment and Operation of Youth” and “Enhancing the Establishment and Operation of New Small and Medium-sized Tourism Enterprises”. The deadline for the specific NSRF action under the Competitiveness programme aimed at supporting the development of small and medium-sized enterprises expires on…

In a new era goes the , the historic port of Attica, after the start of the competition by the , for its use by submitting an interest by interested investors until 14 May to obtain a majority percentage. The history of the port is directly linked to the mines of Attica while in the…

The introduction of new criteria for the introduction into the Ministry of Development plans with emphasis on the division of green investment. As officials of the Ministry of Development comment to the APR, “it remains a goal to make Development Law a useful tool for the reindustrialisation of the Greek economy, which is a priority…