The Greek Deal.com
BUSINESS
EUROXX
What to expect from Greek Banks in the second quarter of the year
The domestic market is moving at the pace of Greek bank results for the second quarter of 2024, with Euroxx expecting strong numbers.
Attica Bank - PANCRETA
Main terms and timetable of the merger
In a statement, Attica Bank declares the commencement of its merger procedures with Pancreta Bank and provides an indicative timeline along with the basic terms.
TRADE ESTATES
The merger process of Rentis and Bersenco subsidiaries begins
Trade Estates has released the draft merger agreement and declared the start of the merger processes of its fully owned subsidiaries, "Rentis" and "Bersenco."
Green Beverages Group
Agreement for the distribution of Chitos soft drinks in the Saudi Arabian market
One of the biggest juice producers in the Middle East, Al Rabie Saudi Foods, and Chitos, a part of the Green Beverages Group, have inked a cooperation agreement.
Yannis Stournaras
The merger of Attica Bank with Pancreta is the optimal solution for the Greek State
The proposed solution for the Attica Bank and the Pancreta is the optimal solution both for financial stability and for the Greek taxpayer, assured the Governor of the Bank of Greece, Yannis Stournaras, speaking recently at the Standing Committee on Economic Affairs of the Parliament.
Profile Group
Implementation of its Smart Banking solution, Finuevo Suite, in Cash Plus
Profile declared that Finuevo Suite, their smart banking solution, is now available in Cash Plus.
CASINO LOUTRAKI
Consolidation agreement signed
The Corinth Court of First Instance has published the decision confirming the Liquidation Agreement of the Club Otel Loutraki Casino Tourism and Hotel Enterprises after hearing the company's application on December 18, 2023.
Eurobank
Disbursement for the 7th tranche of the Recovery Fund approved
Having fulfilled the prerequisite targets under the current Operational Agreement signed with the Greek State, Eurobank is the first systemic bank to receive approval from the Ministry of Economy and Finance for the disbursement of the seventh (7th) tranche of the Recovery & Resilience Fund (RDF), up to €300 million of resources.
ORILINA PROPERTIES
Advance agreement for the sale of maisonette for €8 million in Agios Kosmas
Orilina Properties has signed a private advance agreement for the sale of a future maisonette for €8 million in Ag. Kosmas Marina.
Independent Power Transmission Operator
Ariadne Interconnection tender continues with one bidder
Ariadne Interconnection SA is a special purpose company that is implementing the Crete-Attica interconnection in a joint venture with Phaethon Monopersonal Holding Company. According to reports, Meridiam Europe IV A SAS, which had replaced Macquarie Super Core Infrastructure Fund a few months ago, is out of tender for 20% of the company.
Alpha Bank
Lazaros Papagaryfallou appointed Deputy CEO
Alpha Bank announces the appointment of Lazaros Papagaryfallou as Deputy CEO of the Group, while Vassilis Kosmas is appointed as Chief Financial Officer and a member of the bank's Executive Committee.