The Greek Deal.com
BUSINESS
Piraeus Bank
Successfully priced a €650mn Green Senior Preferred Bond with a yield of 4.625%
According to an announcement, Piraeus Bank has successfully finished pricing a new €650 million High Priority Green Bond with a yield of 4.625%, drawing interest from a sizable number of institutional investors.
Intrakat
Targets 7.5% EBITDA by 2026
As stated at the most recent Annual General Meeting, Alexandros Exarchou, the CEO and Chairman of the Board of Intrakat, stated that the management of the company is concentrated on increasing the group's financial performance in 2026, with an EBITDA of 7.5% for the the following five years.
PPC
€100 million investment for new green offices goes ahead
The approval of the environmental conditions for the construction of the PPC's new green offices marked a significant milestone in the implementation of the €100 million investment in Mesogeion Avenue.
Masoutis
Double the market growth rate in the first half of the year
The supermarket chain Diamantis Masoutis is expanding at the fastest rates in company history with each fiscal quarter, according to the relevant announcement.
Bank of Greece
The process of re-licensing doValue Greece as servicer has been completed
Today marked the completion of the Bank of Greece's process to relicense DoValue Greece as a credit manager.
ENTERSOFT - EURONET
Collaborate to provide integrated ERP to POS interface solutions
Targeting small, medium, and large businesses as well as retail and franchise chains, Euronet Merchant Services Payment Foundation and Entersoft announce their strategic partnership, which will ensure the smooth integration of the latter's business software with ePay's POS terminals and card acceptance solutions.
Cenergy Holdings
Woodside Energy awards Trion Offshore Project to Corinth Pipeworks
Woodside Energy, the operator of the Trion deepwater field, has awarded a contract to Cenergy Holdings' steel pipe segment, Corinth Pipeworks, for the production and supply of roughly 118 kilometers of high-frequency welded (HFW) steel pipes.
Elinoil
Turnover at €702 million in the first quarter
After intercompany eliminations, Elin Group's operating turnover increased by 16.09% to €702 million in the first quarter of 2024 from €604.6 million in the same period in 2023.
Barbayanni Distillery
Invests in new production line in Plomari
With its investment program included in the Development Law, Barbayanni Distillery is moving forward with building a new alcoholic beverage production plant at its headquarters in Plomari, Lesvos.
Piraeus Bank
Launches a 5-year green bond offering on the market
Piraeus Bank will soon introduce a green five-year bond to the market.
Attica Bank - PANCRETA
5th banking pillar with €10 billion in deposits
It is only a matter of time until the fifth banking pillar in the Greek market is established, as the heads of the two major project shareholders, Alexandros Exarchou of Thrivest and Ilias Xirouhakis of the Hellenic Financial Stability Fund, have met numerous times to work out the last, formal details.