BUSINESS

Independent Power Transmission Operator

Revenue up 27.4% in the first half of the year - €37.6 million

IPTO HOLDINGS S.A. records an increase in profits and revenues in the first half of the year.

25/09/24 • 10:38

Piraeus Bank

Sale of a €350 million NPE portfolio

Piraeus Bank has completed the sale of a portfolio of non-performing loans to a business run by Waterwheel Capital Management LP, with a gross book value of roughly €0.35 billion at the cut-off date.

25/09/24 • 08:41

Aegean Airlines

The new technical base is operational

Aegean opened yesterday, in an "unofficial first," the doors of its new technical base and its simulator and crew training centre.

25/09/24 • 08:34

UBS

Up to 56% upside potential for Greek banks

UBS sees a significant rise in Greek bank shares, while UBS says that capital distributions to shareholders may exceed management forecasts.

25/09/24 • 08:29

PEPSICO HELLAS

On a steady upward trajectory with an increase in sales of 18.45%

PepsiCo Hellas announced its financial results for the 12 months to 2023, which consistently show its strong performance in Greece.

24/09/24 • 18:14

GEK Terna - MYTILINEOS

Undertake irrigation PPPs in Larissa and Karditsa

GEK TERNA and Mytilineos take over the irrigation PPP in Larissa and Karditsa with a total budget of €131,2 million.

24/09/24 • 17:33

CHITOS SA

Turnover approached €100 million in 2023

Chitos SA, a member of the Green Beverages Group, announced a turnover amounted to €98.2 million, an increase of 24% compared to 2022.

24/09/24 • 16:59

DS Smith Hellas

Investment of €17.6 million in the Corinth plant

DS Smith Hellas, a leading supplier of sustainable paper-based packaging solutions in Greece, announced the completion of the upgrade of its industrial plant in Corinthos.

24/09/24 • 13:13

RETAIL

6.6% increase in turnover in July

Turnover in the country's retail trade businesses, which are required to keep double-entry books and for which data are available on a monthly basis, increased by 6.6% in July this year and amounted to €4.25 billion compared to €3.99 billion in July 2023.

24/09/24 • 13:08

Tourism

Overnight stays up 2.3% and 2.9% in July

A slight increase was recorded in arrivals and overnight stays according to the provisional monthly data on the traffic of hotel, camping and collective accommodation of short stay (rooms to let) for the reference month of July 2024.

24/09/24 • 13:06