The Greek Deal.com
BUSINESS
EPSILON NET GROUP
33% jump in turnover to €27.7 million in the quarter
Sales for Epsilon Net were €27,72 million in the first quarter of 2024, up 33,38% from the same time the previous year.
NOVAL PROPERTY
How the €340 million investment plan is being implemented
Panagiotis Kapetanakos, the CEO of Noval Property, made reference to the company's strategy pillars and the properties that will be developed within the framework of the €340 million investment program yesterday during a presentation marking the company's listing on the Athens Stock Exchange.
SMES
Up to 80% subsidy through "Research-Innovate" business funding programme
Starting on Thursday, June 6, the Research-Innovate business funding program will connect entrepreneurship, research, and innovation with society.
ATHEX GROUP
Net profit of €4.4 million in the first quarter - 15.7% increase in turnover
Athens Exchange Group's turnover rose to €13.5 million in the first quarter of 2024, a 15.7% increase.
Mytilineos
€3.3 billion invested in renewable energy in Italy over the next four years
Over the next four years, Mytilineos Group will invest €3.3 billion in renewable energy projects in Italy, according to a statement made on Monday by chief executive director (CED) Yannis Kalafatas.
EFG
Julius Baer, EFG stopped takeover talks after initial approach
According to people with knowledge of the situation, Julius Baer, a private bank in Switzerland, had discussions with EFG International in recent months, but those talks have now ended, Reuters was told.
TOURISM
National Tourism Organization cooperates with Wego Platform
In an effort to make Greece a top travel destination, the Greek National Tourism Organization (EOT) has announced a new partnership with the top travel app and platform in the Middle East and North Africa (MENA).
APIVITA
Double-digit growth in 2023
In 2023, Apivita expanded by 13.84% and raised profitability by 19%, sustaining its dominant position in Greece and attaining acceptable growth rates for international markets.
Greek Banks
On track for strong profitability - 38% increase in profits in first quarter of 2024
According to analysts, Greek banks were expected to surpass their full-year targets in 2024, demonstrating their strong profitability in the first quarter of the year.
HOTELS
With an average occupancy rate of 68,7% closed the first quarter in Athens
The Athens Hotel Association of Attica and Argosaronikos reports that hotels in Athens had an average occupancy rate of 68.7% at the end of the first quarter of 2024, down from 63.9% in 2023.
Skaramanga Shipyards
Miltiadis Varvitsiotis becomes the new CEO
Today saw the formation of the new Skaramagas Shipyards Board of Directors, which will oversee the operations of the former Hellenic Shipyards.