The Greek Deal.com
BUSINESS
Intracom
Profit before tax of €5.5 million in the first half of the year
Intracom Group's profit before tax for the first half of the year amounted to €5.5 million, with strong liquidity of €161.5 million and total assets now exceeding €0.5 billion.
Intrakat
EBITDA growth - Significant increase in turnover in the first half of the year
Intrakat announced today a 32% increase in turnover, a 307% jump in EBITDA, and a 196% jump in gross profit.
Hellenic Association of Insurance Companies
6.3% increase in insured homes for weather and earthquake
Greece's rate of residential insurance coverage is 18.3%, as of December 31, 2023, as opposed to 18.2%.
AB VASSILOPOULOS
Sales of €1.97 billion in 2023
In 2023, AB Vassilopoulos' sales amounted to €1.97 billion euros, maintaining the same levels as in 2022.
Giorgos Peristeris
GEK Terna increased its infrastructure footprint by €1 billion
Mr. George Peristeris said that in the last 2-3 months GEK TERNA has strengthened its infrastructure footprint by €1 billion through tenders, in areas beyond the traditional transport infrastructure, where the group has become a leading player (Attiki Odos, Egnatia Odos, North Road Axis of Crete, etc.).
ENERGEAN
CO2 storage in Prinos, crucial for the future of industry in Greece
Nikolas Rigas, Head of Carbon Storage at EnEarth, a division of Energean Group, emphasized the significance of carbon dioxide (CO2) storage in Prinos for the continued operation of the industry in Greece during events held in Athens over the past few days.
Performance Technologies
40.2% increase in turnover in the first half of the year
Performance Technologies reported a 40.2% increase in turnover (41% for the Company) in the first half of 2024 compared to the same period last year, at 34,258 thousand euros, according to the announcement of the results and the Management Report of the Board of Directors.
RETAIL
Turnover decreased in July
The General Index of Turnover in Retail Trade in July 2024, compared to the corresponding index of July 2023, showed a decrease of 0.2% and compared to the corresponding index of June 2024 a decrease of 1.8%, according to data released by ELSTAT.
Greek Banks
Talks with SSM of the ECB
Teams of the ECB's Single Supervisory Mechanism (SSM) are in Athens, as they held meetings on Friday in order to gain an overview of the domestic banking system.
ISOMAT
The €23.5 million investment plan and the target of new markets
Isomat is moving towards vertical integration and, at the same time, further consolidating its presence in the external thermal insulation sector, where it is a leading force in the market, with the new expanded polystyrene (EPS) production unit.
PRODEA INVESTMENTS
€86.1 million operating profit and 30.4% increase in turnover in the first half of the year