The Greek Deal.com
BUSINESS
Hellenic Statistical Authority (ELSTAT)
Double-digit growth in revenues of accommodation companies in Q2
The accommodation and catering sectors continued to move upwards in the second quarter of the year, according to ELSTAT data.
Attica Bank
How the merger with Pancreta will take place
The management of Attica Bank has made public the reports on the merger process with the acquisition of Pancreta Bank.
Hellenic Statistical Authority (ELSTAT)
5.7% increase in turnover in the second quarter
The second quarter of 2024 saw a 5.7% increase in turnover from the second quarter of 2023 to €119,380,277 for all businesses and economic activities.
Greek Banks
On track for strong profitability
Expectations for Greek banks are improving following the better-than-forecast results announced for the first half of the year, Morningstar DBRS notes.
PETROPOULOS S.A
Net profit of €3.49 million for the half-year
Petropoulos Group's sales for the period 1 January–30 June increased by 18% to €109.4 million from €92.8 million on 30.6.2023, according to the company's announcement.
Premia Properties
Agreement for Nordic Leisure's entry into the share capital
Premia Properties has agreed with NLTG HH Greece, a subsidiary of the Swedish company Nordic Leisure Travel Group, in order to participate in a future share capital increase of up to €12.5 million.
Independent Authority for Public Revenues
Deadline to connect to IRIS on September 2nd
The Independent Authority for Public Revenues (AADE) and the Ministry of National Economy and Finance have reminded freelancers and self-employed individuals of the requirement to connect their business account with the IRIS direct payment system in order to accept payments from their clients.
Urban Rail Transport
Energy savings from the braking of Metro trains
With the signing of the contract between Urban Rail Transport (STA.SY) and the contractor company "Siemens Mobility S.A.", a particularly "green" and innovative project for the Greek railways is being implemented.
Independent Power Transmission Operator
€4.9 million tender for the facilities at the Ag. Stefanos substation
IPTO is proceeding with a tender with a budget of €4.95 million for facilities at the Agios Stefanos substation.
Ideal Holdings
Half-year revenue and profit jump with organic growth and acquisitions
Ideal Holdings announced an increase in sales and profitability for the first half of the year, and the board chairman, Mr. Lambros Papaconstantinou, expressed a desire to further expand operations.
OTE
Revenue up 6.6% and adjusted EBITDA 327 million in the second quarter
OTE Group reported a turnover of €1.788 billion, up 7.9%, and adjusted profit attributable to shareholders of €283 million, up 5.3%, for the first half of the year.