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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
FLEXOPACK
$33 million investment in the USA
Flexopack USA , a subsidiary of Flexopack, has signed a pre-contract to purchase 80,000 sqm of land in Lebanon County, Pennsylvania (USA) for the construction of a production/industrial facility.
BUSINESS
BUSINESS
LATSIS FAMILY OFFICE
Acquires 10% of Attiki Odos
GEK TERNA has signed an agreement with Marianna Latsis Family Office for the acquisition of 10% of Attiki Odos.
MARKETS
MARKETS
Athens Stock Exchange
Sellers remain at the helm
Sellers remain at the helm of the Athens Stock Exchange, maintaining the downward pressure on the General Index, which seems to be trapped.
ECONOMY
ECONOMY
BUSINESS
Mission to Bulgaria from key stakeholders
The business mission to Bulgaria, which the Athens Chamber of Commerce and Industry, Enterprise Greece, SEV, and SEVE in Sofia organized over the course of three days from October 2-4, highlighted significant opportunities in key sectors of the Greek economy.
BUSINESS
BUSINESS
Karelias Group
The dilemma facing with €697 cash in hand
With €697 cash in hand, which would be the envy of a bank, Karelia's management is facing a dilemma as it will have to decide whether to remain on the Athens Exchange or to activate the exit procedure.
ECONOMY
ECONOMY
Independent Authority for Public Revenues
End to the inactive 100 and 120 instalment arrangements
The Independent Public Revenue Authority has proceeded to the complete clearing of the landscape, as far as the arrangements for debts to the State are concerned.
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