The Greek Deal.com
BUSINESS
BANK OF CYPRUS
Return to the Athens Stock Exchange
The General Meeting of Shareholders decided by a resounding majority (99.98%) to admit Bank of Cyprus to the Athens Stock Exchange while simultaneously delisting it from the London Stock Exchange.
Hellenic Republic Asset Development Fund
Three investment schemes for the Vasilitsa ski resort
The Hellenic Republic Asset Development Fund, announces that three business groups have expressed interest in the tender for the development of the National Ski Centre of Vasilitsa.
ELSTAT
Business turnover increased by 12.7% in July
In July, the turnover of all businesses in Greece with the obligation to keep double-entry books amounted to 37.948 billion euros.
Vodafone Greece
€1 billion investment plan in full swing
The implementation of Vodafone Greece's investment plan for the deployment of modern broadband networks continues at an accelerated pace, aiming at upgrading the connectivity of households and businesses across the country.
AIRBNB
Response to the government's regulations on short-term rentals in Greece
Airbnb' s Head of Public Policy for Southern Europe, Valentina Reino, made a statement on the government's announcements regarding the new regulations on short-term rentals in Greece.
LAMDA DEVELOPMENT
Receipts from property sales in Elliniko will exceed €900 million
LAMDA Development announced the main milestones, until the publication of the financial results for the first half of 2024, regarding the implementation of the Elliniko project, which is in full swing.
Aegean Airlines
Strong EBITDA and positive guidance
Aegean Airlines Deputy CEO Michalis Kouveliotis stated during the analysts' briefing that Aegean's guidance for the entire year is positive.
Olivier Micheli
Why Data4 is investing in Greece
In an interview with BnB Daily, Olivier Micheli, the CEO of the multinational, discussed Data4's significant investment in Greece, which amounts to €300 million for the construction of a data center.
LAMDA DEVELOPMENT
Record profits from shopping centres and marinas in the first half of the year
Lamda Development has achieved a new historic record in EBITDA before valuation in both retail and marine in the first half of the year, announcing a 72% increase in consolidated EBITDA before valuation to €46.5 million.
Ellaktor
263% jump in net profit in the first half of the year on an annual basis
Ellaktor Group recorded a 263% jump in its net profit for the first half of 2024 (compared to the corresponding period of 2023), according to a company announcement.
Hellenic Association of Insurance Companies
Premiums up 6.7% in the first half of 2024
Insurance premium production in Greece rose by 6.7% in the first half of 2024, reaching €2,814 billion.