The Greek Deal.com
BUSINESS
ERGOSE
Three new €1 billion railway projects in Northern Greece
Three new railway projects worth a total of €1 billion in Northern Greece are being "run" by ERGOSE, aiming to make our country a hub in the wider region.
Eurobank
Over €4 billion of bids - Raises €850 million
The bid book closed for Eurobank's six-year callable green bond with a five-year call option, with the offer exceeding €4 billion
Ministry of Finance
A Fair Development Transition Portfolio Fund is established
The Deputy Minister of Economy and Finance, Nikos Papathanasis, signed the financing agreement for the establishment of a Fair Development Transition Portfolio Fund by the Hellenic Development Bank.
Eurobank
Memorandum of Understanding with the Indian Chamber for the establishment of a Business Council
Eurobank and the Indian Chamber of Commerce (ICC) signed a Memorandum of Understanding (MoU) yesterday, September 16, 2024, to work towards the establishment of the India-Greece-Cyprus Business Council (IGC).
Greek Banks
What Hercules III brings for the banking system
Kostis Hatzidakis, the Minister of National Economy and Finance, made the announcement regarding the extension of the Hercules program by an additional €1 billion during an inter-ministerial discussion on the details of the TIF measures.
Independent Power Transmission Operator
Everything points out to a deal with Cyprus for the electrical interconnection
Last minute consultations of the Greek and Cypriot sides on the major issue of the electrical interconnection between the two countries, a project for the implementation of which Tel-Aviv has clearly positioned itself in favour of, as it includes the prospect of (co)connecting Israel to the Great Sea Interconnector.
National Bank of Greece
Next steps of placement
The management of the National Bank of Greece is receiving positive signals regarding the investor interest expressed for participation in the upcoming placement.
SKROUTZ
EveryPay acquires an Electronic Money Institution license
EveryPay, the FinTech company of the Skroutz group, has officially obtained an Electronic Money Institution (EMI) license and joins the club of European fintech companies with an EMI license.
Eurobank
Enters the markets with a 6-year green bond
Eurobank will issue a green bond with a maturity of 6 years and a right of call in five years in the near future.
KRI KRI MILK INDUSTRY
Increase in profit and revenue - Improved forecasts
The KRI-KRI milk industry has published its financial statements for the first half of 2024. Turnover amounted to €130.87 million compared to €112.97 million in 2023 (up +15.8%).
Growthfund
Upcoming projects, TIF and the Corinth Canal
The registration and development of the properties of the Hellenic Public Properties Company, the redevelopment of the TIF, and the development project in the Corinth Canal are among Growthfund's priorities, according to Stefanos Theodorides, Chairman of the Board of Directors.