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BUSINESS
BUSINESS
Spyros Theodoropoulos
Ion completed the acquisition of Lavdas
The acquisition of 75% of Lavdas S.A. from the historical chocolate manufacturer ION S.A. has been completed.
ECONOMY
ECONOMY
OECD
Strong economy and persistent inflation - The recommendations
The OECD forecasts growth of 2.2% in 2025 and 2.5% in 2026 for Greece, expecting that the increase in disposable income will support consumption, while the "tight" labour market and increases in the minimum wage will support wages.
BUSINESS
BUSINESS
Ideal Holdings
Announcement about Barba Stathis takeover
Ideal Holdings responds to the publications that talk about a possible takeover of Barba Stathis following a letter from the Hellenic Capital Market Commission.
POLITICS
POLITICS
Kostis Hatzidakis
Tax cuts in the three-year period 2025-2027 by tackling tax evasion
The Minister of National Economy and Finance, Kostis Hatzidakis, speaking yesterday at the annual Tax Forum organized by the Hellenic American Chamber of Commerce, announced further tax cuts for the following years.
BUSINESS
BUSINESS
GEK Terna
Contribution of €4.8 billion to Greece's GDP
The substantial contribution of GEK TERNA Group to the national economy and the Greek society was once again highlighted through a study "Socio-Economic Impact Assessment (SEIA) for the period 2022-2023".
BUSINESS
BUSINESS
TRADE ESTATES
Preliminary agreement with Lamda Development for the Retail Park
Lamda Development and Trade Estate have signed the notarial contract for the sale of the retail park within the commercial hub for a total price of €31 million.
BUSINESS
BUSINESS
MIG
12.2% increase in turnover
MIG's consolidated profit after tax amounted to €5.2 million in the first half of the year.
The DEAL of the DAY
The DEAL of the DAY
Attica Group
Completed the Sale of Africa Morocco Link's stake for €49 million
Attica Group has sold its operations in Morocco for €49 million.
BUSINESS
BUSINESS
Terna Energy
10% increase in revenues and 8.3% increase in profits
Terna Energy reported a 10% increase in revenues and an 8.3% increase in profitability, with €178.4 million in adjusted EBITDA and €0.51 in net profit per share.
BUSINESS
BUSINESS
Papoutsanis
52% increase in net profit despite the drop in turnover
Papoutsanis recorded a significant improvement of 52% in profit after tax in the first quarter of 2024.
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