The Greek Deal.com
BUSINESS
OTE
Aims to remain the leader in gigabit networks
With OTE Group's core commitments to offer a top customer experience, leading digital products & connectivity services, to remain the leader in gigabit networks and to make its operating model more modern and efficient, the new Chairman & CEO of the Group, Costas Nembis, yesterday outlined the strategic plan for the next few years.
KRI KRI MILK INDUSTRY
17.4% increase in turnover - Net profit of €36.36 million
The turnover of the milk industry KRI-KRI amounted to €207.48 million in the first nine months of 2024 compared to €176.67 million in the corresponding period of 2023, recording an increase of 17.4%.
Helleniq Energy
Bid for 50% of Elpedison - Pending the response of the Italians
Helleniq Energy has submitted a bid for the acquisition of 50% of Elpedison, according to market sources, but the amount has not been disclosed, while Edison's response is expected within the next two weeks.
Fourlis Group
40.9% increase in EBITDA in the 9 months - Profit of €17.1 million
Fourlis announced its consolidated financial results for the first nine months of 2024, based on which operating earnings before interest, taxes, depreciation, and amortization (OPR) recorded a significant increase of 40.9% to €44.4 million in the first nine months of 2024.
COSMOTE
High-speed submarine network in 11 Aegean islands
COSMOTE has undertaken the design, study, and construction of seven new submarine fiber optic infrastructures in the Aegean Sea as part of its participation in the European project SEA-SPINE to serve the telecommunications needs of eleven islands in the Aegean Sea.
DESFA
Strong interest for Revithoussa LNG Terminals
The market has been very interested in DESFA's current auction process for the commitment of unloading slots and gasification capacity at the Revithoussa LNG Terminal.
Eunice Energy Group
Green light for Data Center development in Western Macedonia
National funding for the development of a data center by Eunice Energy Group in Western Macedonia has been approved. With this development, the investment is expected to start immediately from the beginning of the new year.
Greek Banks
The 6+1 signs that show continuity in the growth
A new positive report on Greek banks has been published, this time by NBG Securities. According to the analysts, Greek banks reported nine-month and third-quarter figures above market estimates, which indicates a positive outlook for equities and banking institutions.
HELLAS HART
New investment plan drives turnover up to €10 million by 2026
The current financial year is expected to close at €8 million for Hellas Hart, the Greek paper production and processing company of the Polychroniadis family.
Athens Stock Exchange Group
37.5% increase in profit and 15.7% increase in turnover in the 9 months
The Athens Exchange Group's turnover for the first nine months of 2024 amounted to €39.8 million, compared to €34.4 million for the first nine months of 2023, an increase of 15.7%.
Intracom Holdings
€45 million investment for new hub in Kozani
Intracom Telecom is launching a €45 million investment in the creation of high-tech production facilities in Kozani.