BUSINESS

KLOUKINAS - LAPPAS

Violetta Lappa takes 40% of Wonder Nest for €2 million

Kloukinas-Lappas announced that it has signed a purchase and sale agreement with Violetta Lappa for the acquisition of 40% of Wonder Nest Retail for €2 million.

26/07/24 • 15:21

ELSTAT

Jump in construction activity in April

The total building activity (private and public) in April, based on the issued building permits, amounted to 2,823 building permits, an increase of 40.1% in the number of building permits compared to the corresponding month of 2023, according to the Hellenic Statistical Authority.

26/07/24 • 12:42

Ameresco Sunel Energy

Awarded the construction of Lightsource BP's 560 MW Enipeas solar project in Greece.

Ameresco Sunel Energy has been awarded the construction of Lightsource BP's 560 MW Enipeas solar project in Greece.

26/07/24 • 12:38

REAL ESTATE

SWOT Hospitality agreement with Olympic Committee for the Civitel Building in Maroussi

SWOT Hospitality now owns the building, which currently operates as Civitel, on Kifissias Avenue in Maroussi.

26/07/24 • 10:54

AVAX GROUP

Issued €300 million seven-year bond

Avax Concessions, a division of Avax, announced the successful issuance of a €300 million, 7-year common bond loan.

26/07/24 • 08:42

Theo International

Record revenues of €152.3 million in the first half of the year

Theon International, a developer and manufacturer of night vision and thermal imaging systems for defence, recorded an expected record revenue of €152.3 million and an EBIT margin in line with mid-cycle guidance.

25/07/24 • 20:03

LAMDA DEVELOPMENT

Sold five plots of land in Elliniko for €106 million

Lamda Development has signed definitive contracts and preliminary sale and purchase agreements for the sale of five (5) different plots in Elliniko for €106 million.

25/07/24 • 18:34

Hellenic Chamber of Hotels

At 75.5% the average occupancy rate in Athens hotels in the first half of the year

The average occupancy rate for the first half of 2024 in Athens hotels did not exceed 75.5% compared to 72.9% in 2023, and the positive change recorded corresponds to 3.5% compared to the first half of 2023, according to a statement from the Hellenic Chamber of Hotels.

25/07/24 • 17:39

Hellenic Republic Asset Development Fund

Matenisa Trading Co. eligible investor for the Agia Triada campsite

The Hellenic Republic Asset Fund has approved the final table designating the company Matenisa Trading as an eligible investor for the development of the properties Akti and Camping Agia Triada for a total cost of €19.5 million.

25/07/24 • 15:29

European Investment Bank

Collaborates with Greek Banks to boost mid-caps’ access to finance

The European Investment Bank (EIB) and Greece’s four systemic banks have agreed to a new collaboration in the form of a €700 million guarantee programme to support mid-caps in Greece.

25/07/24 • 12:37