The Greek Deal.com
BUSINESS
AVAX GROUP
€3.4 billion backlog of projects
Christos Ioannou, the chairman of AVAX Group, stated during the company's annual general meeting yesterday that the company's three pillars of strategy are construction, participation, and new investments.
LAMDA DEVELOPMENT
Record operating profits in commercial and marinas in the first quarter
With four shopping centers operating, Lamda recorded a new all-time record retail EBITDA of €22.5 million in Q1—an 8% increase over Q1 2023. This was before depreciation and amortization.
EDPR
Second RES project in Greece
The wind farm "Erimia," located in Malesina, Fthiotida, is EDP Renewables' (EDPR) second project, and it marks the company's entry into Greece.
EKTER
€3.56 million project contract with the Holy Metropolis of Monemvasia and Sparta
Ekter has announced that on June 11, 2024, it signed a project agreement with the Holy Monastery of Monemvasia & Sparta.
BOSCH HELLAS
Recorded strong growth of 8.5% in 2023
Bosch, a technology and services company, concluded its fiscal year 2023 with consolidated sales of €266.7 million in Greece, registering strong growth of 8.5% despite difficult market conditions and a turbulent global environment.
PRODEA INVESTMENTS
€518.2 million in 17 projects
Prodea Investments' CEO, Aristotle Karytinos, mentioned the company's 17 ongoing projects during yesterday's general meeting.
NOVAL PROPERTY
Lease of office space for "The Grid" to EY Greece
Two of the four buildings in the "The Grid" complex in Marousi have their office space leased to EY Hellas, according to a legally binding agreement that was made public by Noval Property.
Motor Oil Group
Proceeds with the acquisition of Helector from Ellaktor
The Motor Oil Hellas group is proceeding with the completion of the acquisition of Helector from Εllaktor.
AVAX GROUP
Construction of power plant in Romania
The first gas turbine of the plant was installed at the Mintia power plant in Romania by AVAX Group, with the presence of Marian Neaksu, the deputy prime minister of Romania.
VENETIS
Acquired Dodoni Ice Cream for €40 million
At a total cost of roughly €40 million, the company "Veneti" has successfully acquired the bank debts owed by the company "Dodoni Ice Cream" after a two-year period.
HRADF
Panagiotis Balomenos new CEO of GAIAOSE
Panagiotis Balomenos, who previously served as Deputy CEO at Hellenic Public Properties, assumes the role of CEO of GAIAOSE.