The Greek Deal.com
BUSINESS
DBRS
The keys to the future profitability of Greek banks
With a lower-than-average contribution to profitability from fee income, Greek banks have less diversified revenue structures compared to European banks, says a Morningstar DBRS analysis of the sector.
DIGITAL REALTY-EXA INFRASTRUCTURE
Promotion of Crete as a major connectivity hub in the Mediterranean
Digital Realty announced the activation of a Point of Presence (PoP) to enhance connectivity solutions in Crete, in collaboration with EXA Infrastructure (EXA).
Wyndham Hotels & Resorts
Agreement with Zafido Holding for a new hotel in Piraeus
Wyndham Hotels & Resorts will further expand in the tourist market of Piraeus from 2026, as it has signed a cooperation agreement with the construction company Zafido Holding Ltd for the creation of the TRYP by Wyndham Piraeus Port hotel.
NETCOMPANY
Significant strengthening of its figures in 2024
The Netcompany Group has shown a significant strengthening of its figures, which is on a dynamic growth trajectory for another year, according to the annual results report of 2024.
HOTEL BRAIN
Leased Dion Palace Resort & Spa for ten years
The ten-year lease of the iconic Dion Palace Resort & Spa has been announced by HotelBrain.
Dream Workers
Acquisition of 35% by an international investment group
Dream Workers has attracted the interest of a major investment group of Greek and foreign entrepreneurs, who proceeded to acquire 35% of the shares.
Intracom Defense
€42 million project funding agreement with the European Defense Fund
Intracom Defense (IDE) has signed a €42 million project funding agreement with the European Defense Fund (EDF) as Coordinator of the winning European consortium following a competitive process involving leading European manufacturers.
Attica Bank
Completion of the €3.7 billion NPE securitisation deal with Davidson Kempner
Attica Bank announced the completion of the securitization transaction of non-performing loan portfolios with Davidson Kempner Capital Management LP.
Hellenic General Insurance
The CVC divestment and the interest from Piraeus - NBG
Piraeus Bank is entering the race to acquire Ethniki Insurance, which stresses in a statement that there is interest.
UNISYSTEMS
Marrying defence and IT - Scanning the market for synergies and deals
Unisystems is in a phase of development in the defense sector, with reports that it is close to announcing a contract, while at the same time the company's management expects synergies with larger companies in order to undertake new projects.
REVOIL
6.5% increase in fuel volumes in 2024 - Target of 500 MW for renewables
Revoil has recorded a 6.5% increase in volumes in the fuel sector in 2024, compared to 2023, with the heating and marine fuels sector following in growth rate, BnB Daily is able to learn.