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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.
ECONOMY
ECONOMY
RAILWAYS
Tender for its digital transformation - €36 million budget
Approval of a tender procedure for the award of the project "Installation, configuration, management, and guarantee of good operation of an integrated information system for the Digital Transformation of OSE.
BUSINESS
BUSINESS
Intercontinental Ιnternational
BriQ Properties at 27.02%, Ajolico at 51.76%
Intercontinental International announced that on October 11, 2024, BriQ acquired from Ajolico approximately 27.02% of the company.
MARKETS
MARKETS
Athens Stock Exchange
Cautious attempt to rise
The Athens Stock Exchange is attempting to return to positive territory today (15/10), with investors engaging in selective moves, giving a fragile lead to buyers.
BUSINESS
BUSINESS
ALUMIL
Expands its international presence
The investment plan that will strengthen its growth path in Greece and mainly abroad, and the plans for Alufond and the further reduction of borrowings, were among other things analyzed by the head of the group, George Mylonas, in a presentation for Alumil yesterday
BUSINESS
BUSINESS
QUEST GROUP
The details of the deal for the 70% of Benroubis
Quest Holdings Group announced the acquisition of 70% of Benroubis for €27.2 million. The total investment may reach up to €29.2 million within 2025 due to a provision for a return of an additional amount to minority shareholders linked to future results.
MARKETS
MARKETS
JP MORGAN
What an upgrade of the Athens Stock Exchange means
JP Morgan in a special report discusses in detail the FTSE Russell announcements and the possible revision of Greece to a developed market.
BUSINESS
BUSINESS
Theo International
92% jump for revenues in 9 months
THEON continued its growth and profitability in the 9-month period of 2024. New orders increased by 47.4% compared to 9M 2023 to €121 million, with significant new orders expected to be received in the coming months.
ECONOMY
ECONOMY
COPELOUZOS GROUP
Agreement with EGAS for the export of Egyptian gas
Copelouzos Group has signed a strategic agreement with Egyptian Natural Gas Holding Company (EGAS) for the establishment of a joint venture in Greece, which will manage the marketing, supply, transportation and replenishment of natural gas reserves in the wider Eastern European region.
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