The Greek Deal.com
BUSINESS
Tourism
14% increase in tourism spending in one year
Tourist spending in Greece increased by 14% from October 2023 to September 2024 compared to the same period a year earlier, according to Visa's "Analysis of Mediterranean Tourism," which was presented by the company on Monday.
Karamolegos
Acquisition of a majority stake in Nutree
Karamolegos announced the acquisition of a majority stake in Nutree, a Greek brand with a significant international presence, specializing in the creation of healthy snacks from healthy and high nutritional value raw materials.
Attica Bank
Antonis Bartholomaios resigned from the Board of Directors
Attica Bank announces the acceptance of Mr. Antonis Bartholomaios' resignation for personal reasons from both the positions of Executive Advisor and Executive Member of the Board of Directors.
Athens Stock Exchange
Signs of fatigue, without losing the positive sign
The Athens Stock Exchange is showing signs of fatigue from the five-day upward series (+4.5% cumulative change).
SEPHORA
First lockers in its central stores in the first half of 2025
Sephora will install the first lockers in its central stores in the first half of 2025, following the company's implementation in other European countries.
AVAX GROUP
Signatures for a €310 million project - Increases its participation in Olympia Odos
Developments at Avax are dense, with the company developing and undertaking new projects. The long-delayed Ioannina-Kakavia project appears to be gaining momentum.
National Bank of Greece
Expansion abroad, financing and... Hellenic General Insurance in business plan
National Bank CEO Pavlos Mylonas described the main pillars of the bank's growth. The aim is for the bank to continue to grow in an environment of decreasing interest rates.
ENERGEAN
The end of the Ioannina project is heralded by the postponement of the earing by the State Court
The first onshore concession that looked like it would go ahead with exploratory drilling in Greece appears to be heading for the wall after a series of bureaucratic delays.
EUROCATERING
Shareholders agree to seek a buyer for a minimum price of €79 million
The shareholders of Eurocatering (Freskoulis) will make an effort for a deal worth at least €79 million by mid-summer 2027.
Karelias Group
Double-digit growth in the nine months despite a drop in profits in the third quarter
The nine-month period closed with double-digit growth for the Karelia Group, with net sales reaching €227.23 million and net profit exceeding €80 million.
AVAX GROUP
23.01% stake in Olympia Odos
According to a relevant announcement, Hochtief exercised its right to acquire a stake, increasing AVAX Group's stake in the concession contract and the operating company of the Olympia Odos from 19.1% to 23.01%.