The Greek Deal.com
BUSINESS
Flexopack
Issues a joint bond loan of €20 million
Flexopack announced that it has signed a contract to cover a joint bond loan with a total nominal value of €20 million.
BriQ Properties
The new focus after Intercontinental merger is completed
By the end of 2024, the merger of Briq Properties with Intercontinental International SA (ICI) is expected to be completed, almost two years after the deal with Ajolico Trading Ltd, ICI's main shareholder.
Independent Power Transmission Operator
The tender for the electricity interconnection between Corinth and Kos begins
With the announcement of the tender for the Corinth-Kos electricity interconnection, IPTO launches a crucial project for the integration of the Dodecanese islands into the continental high-voltage system.
TELIS MISTAKIDIS
Greenlighted for the acquisition of ABBank
The Bank of Greece and the European Central Bank successfully completed Aristotle Mystakidis' fit and proper procedure.
RATING AGENCIES
Predictions for banks and the major greek companies
The outlook for the Athens Stock Exchange and the shares of Greek companies is positive, according to two new reports published by Bank of America (BofA) and UBS.
ENERGEAN
How the Prinos project is going on - The Israeli natural gas needs
Energean covers more than 50% of Israel's natural gas needs, noted Mathios Rigas, CEO of Energean Group, speaking during a discussion organized at the Greek pavilion at the COP29 conference.
ALDEMAR RESORTS
The megaproject in Peloponnese to start next spring
Next spring, the construction of the megaproject that Aldemar Resort is preparing in the Peloponnese is expected to start.
OTE
What the Cosmote TV deal with Nova brings - The investments and the guidance for 2024
During the analysts' briefing on OTE's financials, OTE CEO Costas Nembis emphasized the value that the summer deal between Cosmote TV and Nova had brought.
S&P - BANK OF AMERICA
Estimates for bank stocks and the outlook for the sector in 2025
Positive reports from major international banks on Greek banks continue, following the strong figures announced in the first nine months of the year.
PPC
Investments of €10.1 billion by 2027, EBITDA target of over €3 billion by 2030
Investments of €10.1 billion over three years are foreseen in PPC's new, updated strategic plan 2025-2027, which will drive EBITDA to €2.7 billion in 2027 and over €3 billion in 2030.
Austriacard Holdings
Strong operating performance in 9 months - 10.1% increase in net profit
Austriacard Holdings recorded a strong operating performance in the first nine months of 2024 mainly due to its strategic expansion into new markets and technological services.