The Greek Deal.com
BUSINESS
Thessaloniki Port Authority
Ivan Savvidis (Belterra) continues to buy shares from the Athens Stock Exchange
Ivan Savvidis (Belterra) continues to buy shares of TPA from the Athens Stock Exchange, above the public offer announced by Leonidsport.
S&P Global Ratings
Vote of confidence for Greek banks with new upgrades
S&P Global Ratings upgrades the ratings of National Bank, Eurobank, Piraeus Bank and Aegean Baltic Bank and confirms the rating of Alpha Bank, citing the stronger institutional environment and the improved capital quality of the sector.
Thessaloniki Port Authority
From €38.88 to €44.08 the share value
A reasoned opinion on LeonidsPort's voluntary public offer was submitted by the board of directors of TPA, stating that the public offer does not fall within the value range determined by the independent financial advisor, i.e., between €38.88 and €44.08 per share.
Trastor
Investment property portfolio at €670.5 million
2024 was a year of strategic investments and remarkable growth for Trastor, with the company making key investments totalling €144.1 million, while the investment property portfolio reached €670.5 million.
QUEST GROUP
Acquired70% of the share capital of Benroubis S.A
Quest has announced the acquisition of 70% of the share capital of Benroubis S.A. for a total consideration of approximately €26 million, following the approval of the competent competition authorities.
Alumil
Turnover estimated to exceed €450 million
Alumil announced that it has made significant progress for 2024, with turnover estimated to exceed €450 million, significantly exceeding initial forecasts of €430 million, with the company recording steady growth and a strong presence in both the Greek and international markets, the announcement said.
Piraeus Bank
Interest in the acquisition of Hellenic General Insurance Company
Piraeus Bank Group is examining, on a systematic basis, possible investment alternatives in a statement in response to relevant publications and a question from the Hellenic Capital Market Commission.
ETANAP
Positive growth rates in 2024
2024 closed with positive growth rates for ETANAP - Samaria, as explained to FnB Daily by the Chairman of the Board of Directors of the company, Manolis Apostolakis.
Growthfund
Tender for Hellenic Defence Systems development extended for one week
The tender of the Strategic Contracts Unit of the Growth Fund for the divestment, disposal and utilization of the declassified equipment of the Hellenic Defence Systems has been extended until 11/02/2025, Tuesday at 15:00, i.e., one week later than originally planned.
Motor Oil Group
Turning to sectors other than refining
Motor Oil Group is turning to sectors other than refining or energy, following a strategy of diversifying its portfolio and targeting new emerging markets.
Ellaktor
The focus on concessions & real estate, the liquidity of €700m
With liquidity of more than €700 million from the sale of stakes, Ellaktor will focus on concessions and real estate.