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BUSINESS
BUSINESS
JUMBO GROUP
Sales increased by 11% in January
Jumbo's group sales increased by 11% in January last year, compared to the corresponding month of 2024
DEAL MAKER
DEAL MAKER
TRADE ESTATES
Packages with discount 10%
Packages of shares representing 15.99% of the share capital of Trade Estates were transferred today through prearranged transactions on the Athens Exchange.
BUSINESS
BUSINESS
Eurobank
Disbursement for the 8th tranche approved - 2.2 billion from the Recovery Fund
Eurobank has received approval for the disbursement of the eighth tranche of the Recovery & Resilience Fund (RDF), amounting to €300 million of resources, from the Ministry of Economy and Finance, having met the required targets under the Operational Agreement signed with the Greek State.
MARKETS
MARKETS
TITAN
Record figures in 2024 with sales of €2.64 billion and profits of €300 million
Titan Group will report record sales and profits for another year in 2024, according to current unaudited consolidated financial results cited in a statement, ahead of the start of the roadshow for the American public offering (IPO) of Titan America shares.
BUSINESS
BUSINESS
METLEN
New major mining, metallurgical and industrial investment of €295.5 million
Metlen will make a major investment of almost €300 million for the production of bauxite, alumina and gallium in Agios Nikolaos, Boeotia.
BUSINESS
BUSINESS
Premia Properties
Completed the acquisition of Sunwing Hotels for €112 million
Premia Properties announced the completion of the transaction with Nordic Leisure Travel Group for the acquisition of 100% of the share capital of "Sunwing Hotels Hellas Single Member S.A" for €112 million.
MARKETS
MARKETS
Athens Stock Exchange
Wall Street puts extra pressure
The Athens Stock Exchange retracts below 1,450 points, as the fallout from last night's Wall Street sell off affects all of Europe today, which loses at least 1%.
ECONOMY
ECONOMY
Eurobank
Domestic demand drives growth
The Greek economy continued to grow at a satisfactory pace in Q3 2024, outperforming the Eurozone. Domestic demand remains the main driver of economic growth (private consumption and inventory accumulation), while net exports of goods and services are declining, Eurobank notes in the new issue of its 7 Days Economy bulletin.
BUSINESS
BUSINESS
Spyros Theodoropoulos
Ion completed the acquisition of Lavdas
The acquisition of 75% of Lavdas S.A. from the historical chocolate manufacturer ION S.A. has been completed.
DEAL MAKER
DEAL MAKER
Ideal Holdings
What he says about the takeover of Barba Stathis
Ideal Holdings announced that it is considering new investments in response to a question from the Securities and Exchange Commission regarding today's electronic press reports that the company is considering a takeover of Barba Stathis.
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