The Greek Deal.com
BUSINESS
Greek Banks
Focus on the figures to be announced
As Piraeus and the remaining systemic banks announce results today, the time of the banks has come. The focus of the analysts' briefing on the figures to be announced is the reduction in interest rates and their impact on banks' revenues.
MERMEREN KOMBINAT
Net profit of €11,556 million in the first nine months
Mermeren Kombinat recorded increased profits and revenues in the first nine months of 2024 compared to the same period in 2023.
BriQ Properties
98% increase in net profit and 67% increase in revenues for the 9 months
BriQ Properties recorded a 98% increase in net profit for the 9 months, while revenues increased by 67%, reaching €11.2 million compared to €6.7 million in the same period last year.
Tavropos Irrigation Network
Provisional contractors AKTOR and AVAX
The provisional contractors for the project of Tavropos Irrigation Network, with a budget of €105.4 million (plus VAT) in terms of net present value with parallel financing of €34.2 million from the Recovery and Resilience Fund, i.e., a total of €139.6 million, were AKTOR-AVAX.
ELSTAT
17.1% jump in new business registrations in the second quarter
The Hellenic Statistical Authority has announced data on the demography of businesses in Greece and in particular on new business registrations (business start-ups) and business bankruptcy for the second quarter of 2024.
Bank of Greece
Interest rates on loans fell in September
Banks slightly lowered their lending rates in September while keeping deposit rates unchanged, resulting in a narrowing of the spread between them.
PPA
New record revenues and profits
PPA announces its financial results for the third quarter of 2024, with a focus on the financial performance and economic developments that shape its growth.
Coca Cola HBC
Strong increase in net sales revenue in the third quarter
Coca-Cola HBC AG achieved a strong 13.9% increase in net sales revenue in the third quarter, it said in a statement on Thursday.
AKTOR GROUP
Aiming to expand to the facility management market
Aktor Group of Companies is aiming to acquire 30% of the facility management market through its new subsidiary, Aktor Facility Management (FM), according to the Chairman of the Board and CEO of the group, Alexandros Exarchos.
LAMDA DEVELOPMENT
Ellinikon is in full swing
CEO of Lamda Development, Odysseas Athanasiou, during a tour of the project's construction site, stressing that the works are in full swing said the project is going according to plan.
ATHENS INTERNATIONAL AIRPORT
Net profit of €195.1 million in the first nine months
AIA, the management company of Eleftherios Venizelos Airport, announced strong results for the first nine months of the year.