The Greek Deal.com
BUSINESS
ELSTAT
Restaurant and accommodation turnover up 9% in September
Turnover in the accommodation sector increased by 6.9% in the third quarter, reaching €6.18 billion, compared to €5.78 billion in the third quarter of 2023.
Hellenic Republic Asset Development Fund
Three tenders for projects for the General Secretariat of Public Order
The Hellenic Republic Asset Development Fund has launched for consultation three tenders for projects included in the large programme of €650.4 million for the strengthening of the General Secretariat of Public Order.
Wyndham Hotels & Resorts
Further development in Greece
Wyndham Hotels & Resorts' plans for its further development in Greece were mentioned by senior executives of the company, among others, on the occasion of their upcoming participation as speakers at the R&R 2024 forum.
MORGAN STANLEY
More cautious - Lowers the bar for bank stocks
The new Morgan Stanley report on the domestic banking system is a negative surprise. This is because it lowers the target prices of bank stocks, downgrading the recommendation for Piraeus and National Bank.
Cenergy Holdings
Strong margin improvement and high backlog in the nine months to 2024
Cenergy Holdings recorded strong margin improvement and a consistently high backlog of orders for the nine months to 2024.
Flexopack
Issues a joint bond loan of €20 million
Flexopack announced that it has signed a contract to cover a joint bond loan with a total nominal value of €20 million.
BriQ Properties
The new focus after Intercontinental merger is completed
By the end of 2024, the merger of Briq Properties with Intercontinental International SA (ICI) is expected to be completed, almost two years after the deal with Ajolico Trading Ltd, ICI's main shareholder.
Independent Power Transmission Operator
The tender for the electricity interconnection between Corinth and Kos begins
With the announcement of the tender for the Corinth-Kos electricity interconnection, IPTO launches a crucial project for the integration of the Dodecanese islands into the continental high-voltage system.
TELIS MISTAKIDIS
Greenlighted for the acquisition of ABBank
The Bank of Greece and the European Central Bank successfully completed Aristotle Mystakidis' fit and proper procedure.
RATING AGENCIES
Predictions for banks and the major greek companies
The outlook for the Athens Stock Exchange and the shares of Greek companies is positive, according to two new reports published by Bank of America (BofA) and UBS.
ENERGEAN
How the Prinos project is going on - The Israeli natural gas needs
Energean covers more than 50% of Israel's natural gas needs, noted Mathios Rigas, CEO of Energean Group, speaking during a discussion organized at the Greek pavilion at the COP29 conference.