The Greek Deal.com
BUSINESS
Ethniki, Hellenic General Insurance
New CEO announced
After the relevant procedure of the supervisory authority is finished, on July 8, 2024, Dimitris Mazarakis will take over as the CEO of Ethniki, Hellenic General Insurance.
Ellaktor
Dividend after 13 years
At Ellaktor's upcoming annual general meeting on May 31, the Board of Directors has resolved to propose the company's first distribution to shareholders in 13 years.
EPSILON NET GROUP
Ginger Digital BidCo's stake increased to 72.31%
In Epsilon Net, Ginger Digital BidCo now owns a 72.31% stake.
Premia Properties
Revenue up 9%, operating profitability up 21% in the first quarter
Throughout the first quarter of the current fiscal year, Premia Properties reported a 9% increase in revenues and a 21% increase in operating profitability (adjusted EBITDA) on a consolidated basis, relative to the corresponding period of 2023.
Trastor
Increase in share capital due to conversion of bond loan
According to the company, Trastor increased its share capital by €19.7 million as a result of the convertible bonds' conversion, which Piraeus Bank fully funded.
Korinthian Foods
€1.12 million contract with the Municipality of Korydallos for catering services
Korinthian Foods, a Greek industrial catering company, has signed a contract with the Municipality of Korydallos with a total budget of €1.12 million.
Independent Power Transmission Operator
€1.7 billion tender for the supply of underground and submarine cables
Independent Power Transmission Operator (ADMIE) has launched a tender for the conclusion of a six-year Framework Agreement for the design, supply, & installation of HV/EHV and HV/C cables in the context of island interconnection.
Aegean Airlines
Codeshare agreement with Saudia
Aegean and Saudia, the Saudi Arabian airline, announced yesterday during the Arabian Travel Market 2024 (ATM) in Dubai, a new partnership for codeshare flights
TITAN
Intention to list American subsidiary in the US equity market
Titan Cement International announces its intention to proceed with the IPO of its US business
Jumbo
Placement doubles to 3% of shares
Jumbo's share placement has increased from 2 million shares to 4 million shares - or about 3% of the shares.
JUMBO GROUP
Mini placement from CEO Apostolos Vakakis
After moving through with a small placement, CEO Apostolos Vakakis now owns about 1.5 percent of Jumbo's total share capital, or roughly 2 million shares.