The Greek Deal.com
BUSINESS
Alpha Bank
Ready to finance the energy transition
Alpha Bank has increased its overall green loan targets for the three-year period 2024–2026 from €3 billion to €4.4 billion, indicating that it is prepared to finance the energy sector and support sustainability.
ASTIR MARINA
Inauguration of one of the country's most modern marinas
On May 29, Astir Marina Vouliagmeni formally opened, ushering in a new era for Greek tourism and the Athenian Riviera.
SIDMA
Sale of its Romanian subsidiary for €9 million
SIDMA announced that it has sold its subsidiary Sidma Romania to Agir Haddecilik for €9 million
GEK Terna
51.3% jump in adjusted earnings
During the first quarter of 2024, the net profit of GEK Terna Group shareholders adjusted for non-operating results increased by 51.3% to € 34.8 million.
Spyros Theodoropoulos
Why I want to be elected President of SEV
Businessman Spyros Theodoropoulos, the founder of Bespoke and a contender for the forthcoming Hellenic Business Association (SEV) presidency, rang the alarm on Wednesday afternoon regarding the increasing unpredictability that is displacing domestic entrepreneurship.
Cenergy Holdings
Positive operating performance in both sectors in the first quarter
Cenergy Holdings reported its first-quarter financial results today, and they demonstrate the company's impressive start to the year. In both of its operating sectors—cable and steel pipes—it recorded satisfactory growth.
OPAP
GGR up 4.9% in the first quarter
Due to the notable growth of online, OPAP's Q1 2024 net revenue before contributions (GGR) increased by 4.2% year over year to €549.7 million.
KRI KRI MILK INDUSTRY
14.4% increase in turnover - Net profit of €6.82 million in the first quarter
The turnover of the Kri Kri Milk industry was €52.48 million in 2023 as opposed to €45.90 million in 2023 (a rise of +14.4%).
Terna Energy
37.6% increase in revenues and 54.3% in net profits – Dividend € 0.38/share
TERNA Energy recorded a significant increase in revenues (+37.6%) and adj. net profits (+54.3%) during the first quarter of the year.
Nikos Papathanasis
€2.2 billion from the new Entrepreneurship Fund for SMEs
The new Entrepreneurship Fund, TEPIX III, was introduced by Deputy Minister of Economy and Finance Nikos Papathanasis at a press conference held today at the offices of the Hellenic Development Bank.
Motor Oil Group
€354 million EBITDA for the first quarter of 2024
The Motor Oil Hellas Group recorded a 10% decrease in turnover from €3.307 billion in the first quarter of 2023 to €2.979 billion in the first quarter of this year.