The Greek Deal.com
BUSINESS
Alpha Bank
Issues Tier 2 bond and repurchases bond maturing in 2030.
Alpha Bank plans to repurchase a bond with a 2030 maturity and issue a €500 million Tier 2 bond.
Intrakat
Winex Investments' stake at 39.17%
Winex Investments Limited's stake in Intrakat increased to 39.17% of the total voting rights, up from 37.75%, following the purchase of 2,277,566 shares of a total value of €11,729,464.90.
S&P GLOBAL PMI
Greek manufacturing improved in May but production lower
The S&P Global PMI report, which was made public on Monday, indicates that the growth rate of the Greek manufacturing sector remained high in May.
PwC - Microsoft
Create a centre of excellence in Thessaly
PwC Greece and Microsoft are establishing a new satellite office in Volos to foster innovation, technology, and education. The office will also create jobs in the surrounding Thessaly region, supporting the local community.
Thrace Plastics
Sales and EBITDA increase by 3.1% and 5.4% respectively in the first quarter
Thrace Plastics announced on Monday that sales reached €88.3 million, recording a 3.1% increase in volumes sold. At the same time, EBITDA stood at €12.3m, up 5.4% compared to Q1 2023.
Hellenic Development Bank
ESG criteria in TEPIX III loans
The managing director of the Hellenic Development Bank mentioned that the entrepreneur will need to answer a series of questions about ESG standards in order to be eligible for a loan from TEPIX III.
AUSTRIACARD
Net profit of €5 million in the quarter
A rise of 1.4% to €89.7 million in adjusted revenue for Austriacard in the first quarter of 2024 was attributed to the expansion of the Digital Transformation Technologies division.
LAMDA DEVELOPMENT
New Chief Operating Officer Christos Nikolopoulos
Christos Nikolopoulos has been appointed as the new Chief Operating Officer (COO) by Lamda Development.
DIMAND
Nikolaos Dimtsas becomes Deputy CEO
At Dimand, Mr. Nikolaos Dimtsas, formerly General Manager of Investments and Asset Management, takes on the role of Deputy Chief Executive Officer.
Motor Oil
Green hydrogen at the Corinth and Amyndeon refineries
The Motor Oil Group's plan for developing the new fuel includes, among other things, two green hydrogen production units at the refineries in Corinth and Amyndeon.
NOVAL PROPERTY
The IPO closes with an oversubscription
Yesterday, the second day of the process, saw private investors cover the entire share offer for the listing of Noval Property.