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BUSINESS
GEK Terna
Provisional contractor for the project of distribution of water from the river Nestos
GEK TERNA has been selected as the provisional contractor for the project "Transfer and distribution of water from the river Nestos to the plain of Xanthi for irrigation purposes," with a budget of €169.50 million euros.
LAMDA MARINAS
Expected to sign with HRDAF for Corfu Marina next week
In the middle of next week, according to reports, the HRDAF is expected to sign with Lamda Marinas Investments the sub-concession of the right to construct, operate, manage, maintain, and exploit the tourist port of large vessels in Corfu.
Greek Banks
How they evaluate the interest rates cut from ECB
One of the top issues that international rating agencies, investment banks (e.g., Goldman Sachs), and institutions are examining in recent meetings with bank management is the course of interest income.
PPC
On the investment radar of Norges Bank
PPC is on the investment radar of Norges Bank Investment Management as Business Insight of BnB Daily reports.
Spyros Theodoropoulos
The unresolved problems that hold back investment
Despite the progress of the Greek economy and industry, eight long-standing problems remain unresolved, preventing investment, said SEV President Spyros Theodoropoulos during his speech at the open event of the General Assembly of the Association of Enterprises and Industries.
MALAMATINA WINERY
46.5% jump in net profit in 2023
Malamatina Winery has recorded an increase in turnover and profitability for the second consecutive year in 2023, strategically expanding its activities and maintaining a dynamic growth trajectory under its new management.
ELTON
Open for new acquisitions
According to the group's general manager, Thanos Iliopoulos, ELTON's figures changed in the third quarter of this year's financial year in the manner that the management described in the financial statements for the six-month period, but with a slightly higher sales value.
METLEN
Net profit €482 million - New record for the first nine months
Metlen Energy & Metals Group announced new historic 9-month profitability levels driven by increasing metals and energy synergies.
Hellenic Republic Asset Development Fund
The plans for the Gonos Camp and Filis property
A total of €800 million will be allocated, both from available funds and from private leverage, to the investments for the construction of the two logistics centres at the Gonos camp and Filis, as noted by Panagiotis Stamboulidis, Executive Member of the Board of Directors and Executive Advisor of Hellenic Republic Asset Development Fund.
PPC
4 times over-coverage for the 7-year bond - Pumping €600 million
The issuance of the new 7-year bond by PPC was a great success as the company finally raised the amount of €600 million, which increased compared to the initial target of €500 million.
GEK Terna
General Meeting approved Terna Energy sale to Masdar
The General Meeting of the shareholders of GEK TERNA recently approved the sale of the RES portfolio and related activities to Masdar.