The Greek Deal.com
BUSINESS
REAL ESTATE
Arab funds investing a €200 million in Εrmioni
Within the next few days, the Joint Ministerial Decision approving the Special Strategic Investment Spatial Development Plan for the establishment and operation of the Scarlet Beach complex tourist accommodation in Petrothalassa of Ermioni is expected to be signed.
Intrakat
Becomes AKTOR Group of Companies - Target turnover of €3.2 billion and EBITDA of €430 million in 2030
Intrakat is undergoing a total transformation, which, as announced yesterday by the Group's Chairman and CEO, Alexandros Exarchou, is renamed Aktor Group of Companies. It is planning to invest €2 billion in acquisitions and expansion in new activities in order to diversify its EBITDA mix.
Intrakat
Investment of €2 billion with a focus on acquisitions
Investments of €2 billion with a focus on acquisitions, announced Alexandros Exarchou, speaking about the new era of Intrakat following the acquisition of Aktor.
Motodynamics
14.2% increase in turnover in the first nine months
The first nine months of 2024 closed with a 14.2% increase in turnover for Motodynamics, with sales amounting to €144.5 million. Sales of two-wheelers and marine products (Yamaha) reached €70.2 million, an increase of 17.9%.
Uni.Fund
Invests in Evo Human Performance
The latest addition to Uni.Fund's portfolio is Evo Human Performance, a startup active in software development and digital health.
Wyndham Hotels & Resorts
Agreement with DKG Development for the first Wyndham in Piraeus
Wyndham Hotels & Resorts and the DKG Development business group have signed a cooperation agreement for the creation of the first Wyndham in Piraeus, on the seafront, just above the Zeus Marina.
ITALGAS
Plans new investments in Greece
Italgas' contribution to EBITDA from Enaon EDA's activities in Greece amounts to €100 million. The Italian group plans to continue its investments in the country, estimating that these will exceed €100 million by the end of the year.
ENTERSOFT
New acquisition and the battle with Viva
While Entersof is preparing its next moves in the legal dispute with Viva, it acquired 60% of Inteliqua, a company with a good market share.
Prinos
Commission approves €150 million aid for CO2 storage
The Commission has approved, under EU state aid rules, a €150 million Greek measure funded under the Recovery and Resilience Mechanism to support the construction of a coal storage facility in Prinos.
GREEK ECONOMY
The business of waste management
The terms of European funding for waste treatment projects are changing, and dozens of projects to manage waste that were frozen in the 2019-2023 four-year period are planned to start in 2025.
Hellenic Republic Asset Development Fund
Three bidders for the goverment park in former PYRKAL site
Three investment groups have expressed interest in the tender for the development of the government park "Andreas Lentakis," with an estimated value of €421 million (plus VAT), according to the Hellenic Republic Asset Development Fund.