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ECONOMY
ECONOMY
EUROSTAT
Greece in the trio of EU and Eurozone countries with the largest debt ratio reduction
Greece is among the trio of eurozone and EU member states with the largest reduction in the debt-to-GDP ratio in the second quarter of 2024, both in relation to the first quarter of the year and on an annual basis according to Eurostat.
BUSINESS
BUSINESS
GEK Terna
Contribution of €4.8 billion to Greece's GDP
The substantial contribution of GEK TERNA Group to the national economy and the Greek society was once again highlighted through a study "Socio-Economic Impact Assessment (SEIA) for the period 2022-2023".
BUSINESS
BUSINESS
TRADE ESTATES
Preliminary agreement with Lamda Development for the Retail Park
Lamda Development and Trade Estate have signed the notarial contract for the sale of the retail park within the commercial hub for a total price of €31 million.
BUSINESS
BUSINESS
JUMBO GROUP
Sales increase by 7% in the 9 months of 2024
Jumbo Group's sales increased by 7% for the 9 months of January - September. In particular, according to the announcement of the listed company, in September there was a 6% increase in sales compared to the same month last year.
BUSINESS
BUSINESS
Papoutsanis
Turnover € 49,6 million in the first nine months of the year - Increase of 5%
Papoutsani's turnover amounted to € 49.6 million in the first nine months of 2024, compared to € 47.4 million in the corresponding period of 2023, an increase of 5%, with the value of exports accounting for 53% of total turnover.
BUSINESS
BUSINESS
Cenergy Holdings
Share capital increase of up to € 200 million
Cenergy is proceeding with a share capital increase of up to € 200 million with the cancellation of the existing shareholders' preferential rights, subject to the approval of the relevant prospectus.
MARKETS
MARKETS
Athens Stock Exchange
Resistance to international pressures
The start of the new week on the Athens Stock Exchange is tentative, with sellers and buyers fighting for control of the bias.
BUSINESS
BUSINESS
ΟΤΕ GROUP
The 3+1 priorities for development
Kostas Nebis, CEO of OTE, gave the group's employees a presentation of OTE's strategic plan through 2030.
BUSINESS
BUSINESS
Athens Medical Group
Free Float, CVC contacts with Arab investors and the Apostolopoulos family way
The Apostolopoulos family is investing with a logic of autonomous growth, with moves on various (and partial) fronts.
BUSINESS
BUSINESS
EKTER
The dispute with AVAX and the projects by the end of the year
Ekter's management expects the current financial year to end on a positive note, as the construction activity in Greece is growing.
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