The Greek Deal.com
BUSINESS
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.
Hellenic Republic Asset Development Fund
The concession contract for Attiki Odos with GEK TERNA was signed
The Greek State has signed the new long-term concession contract for the Attiki Odos motorway with GEK Terna, according to reports.
ELSTAT
8.6% jump in wage costs in the second quarter
The Wage Cost Index jumped 8.6% in the second quarter without any correction compared to the corresponding index for the second quarter of 2023, the Hellenic Statistical Authority announced today.
TITAN GROUP
Announced a Financial Framework linked to a Sustainability Clause
TITAN Group announces the creation of a Sustainability-Linked Financing Framework, aligning its financial strategy with its ambitious targets for the reduction of greenhouse gas emissions validated by the Science Based Targets (SBTi) initiative.
ElvalHalcor
Consolidated net profit of €50.9 million in the first half of the year
ElvalHalcor Group remained on an upward trend in the first half of 2024, despite sluggish economic activity in Europe, high inflation, geopolitical crises, and increased economic uncertainty.