The Greek Deal.com
BUSINESS
Hellenic Republic Asset Development Fund
Attiki Odos is handed over to GEK Terna on 6 October
On Sunday, October 6, 2024, the Greek State will hand over the Attiki Odos motorway to the new concessionaire (New Attiki Odos S.A.), as announced today by the Ministries of Economy and Finance and Infrastructure and Transport.
Greek Banks
Red loans in Greece at 4.10% from 5.7% a year ago
Greek banks have once again emerged as "champions" in the Eurozone in terms of interest rate spreads and red loans, as the latest data released today by the European Central Bank show.
AGRINO
14.6% increase in turnover in 2023
Agrino's turnover reached €43.6 million in 2023 compared to €38.04 million in 2022, an increase of 14.6%.
European Commission
Green light for the funding of the FSRU Alexandroupolis
The European Commission approved the financial contribution to the Independent Natural Gas System (ASFA) of Alexandroupolis. The total eligible cost through NSRF for the completion of the project is set at €202,2 million.
Profile Group
24% increase in sales and 71% increase in net profitability in the first half of the year
Profile Group recorded a 29% increase in EBITDA and a 71% increase in net profitability during the first half of 2024, while it also recorded an increase in all Key Performance Indicators.
MEGA
Profit of €18.99 million in 2023, triple that of 2022
MEGA Atomic Hygiene Products, a purely Greek company with 100% of its production in Greece, announced its financial results for 2023, according to which its net profit in one year tripled.
Tavropos Irrigation Network
Aktor and Avax take over the PPP
The companies Aktor and Avax are undertaking the PPP project for the Tavropos Irrigation Network, which includes the rehabilitation and modernization of the networks, according to a joint press release of the Ministries of Rural Development & Food and National Economy and Finance.
Frigoglass
Expansion in the Iberian Peninsula with two subsidiaries
Frigoglass announced that it has today, Friday, entered into a legally binding agreement with the Spanish companies Tricorporación and World on Premise España, owners of the Spanish company Provisiona Iberia, and the Portuguese company Serlusa Refrigerantes, respectively.
Eurobank
Implementation of the Recovery and Resilience Plan at a critical crossroads
The Greece 2.0 project has so far progressed at a satisfactory pace. But its future course is expected to be much more challenging, Eurobank says in its weekly analysis, "7 Days Economy.".
Premia Properties
Revenue increase 7% - Operating profitability increase 10%
PREMIA Properties announces its financial results for the period from 1 January to 30 June 2024, which show a 7% increase in revenues and a 10% increase in operating profitability (adjusted EBITDA) on a consolidated basis compared to the corresponding period of 2023.
VIOHALCO
a-EBITDA of €273 million - Profit before tax of €112 million for the half-year
Viohalco announced its consolidated financial results for the first half of 2024, according to which consolidated operating profitability (a-EBITDA) remained high at €273 million and profit before tax amounted to €112 million.