The Greek Deal.com
BUSINESS
Foundation for Economic & Industrial Research
Economic sentiment eases slightly in November with consumer confidence improving
The Foundation for Economic & Industrial Research's (IOBE) economic sentiment index showed a slight decline in November, but with the consumer confidence index strengthening slightly.
Independent Power Transmission Operator
Cooperation with Serverfarm for the operation of state-of-the-art Data Centers in Greece
Independent Power Transmission Operator (ADMIE) and Serverfarm, a leading global data centre management company, have signed an agreement for the creation of the Gemini consortium, aiming to develop and operate state-of-the-art hyperscale-ready data Centres in Greece.
Independent Power Transmission Operator
Net profit of €120 million for the 9-month period
Independent Power Transmission Operator (ADMIE Group) reported a consolidated net profit of €120 million in the 9 months of 2024, compared to €91.4 million in the corresponding period of 2023.
Banks
The frame of the Cooperatives and the interest of a powerful Greek from abroad to enter Epirus
The management plans to expand the activities of the Cooperative Bank outside Epirus, with the CEO, Ioannis Vougioukas, focusing on the significant reduction of "non-performing loans" to 31% from 75% (2023), which was achieved without the sale of the portfolio and inclusion in the "Hercules" program.
Hellenic Properties
Goal to increase its presence in the Northern Suburbs
Hellenic Properties has set a goal to increase its presence in the Northern Suburbs, as well as in the hotel sector.
S&P
What it says about the domestic banking system
S&P analysts note that greek banking system it has fully recovered and is benefiting from the dynamic growth of the Greek economy.
Real Consulting
The transfer to the Main Market of the Athens Exchange, the acquisitions and the expansion abroad
Real Consulting closed the year with a significant increase in size, as according to BnB Daily, the company undertook other projects from the private and public sectors, expanding its clientele and its market share.
Douleutaras
Secured €1.2 million in funding for its spin-off, Piney
Douleutaras, as he notes in a press release, played a catalytic role in the founding and early stage of Piney and will continue to do so to make it a success story.
Kostis Hatzidakis
Legislative initiative on mortgage and bank commissions - What's coming for borrowers
The government will proceed with a legislative initiative to address the housing problem and the issue of high commissions imposed by banks in daily transactions, said the Minister of Economy and Finance, Kostis Hatzidakis.
ELSTAT
Import prices in Greek industry fell by 5.5% in October
Import prices in Greek industry fell by 5.5% in October, but compared to the previous month, import prices rose by 2.3%.
ELSTAT
Annual growth of 17.9% in the third quarter in the construction sector
Construction recorded a marginal increase in the third quarter of 2024 compared to the previous quarter, while a 17.9% jump was recorded on an annual basis.