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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.
MARKETS
MARKETS
Athens Stock Exchange
Trying to stay in positive territory
The Athens Stock Exchange continues to "play" in the area of 1,450-1,460 points, while investors are counting down to the end of a satisfactory 2024.
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
Parliament Budget Office
Revenues from the fight against tax evasion may exceed the €1.9 billion
The Greek economy continues to show a positive outlook, according to the Parliament Budget Office, which forecasts growth of 2.2%–2.4% for 2025.
ECONOMY
ECONOMY
Tourism
At 19.1% the tax burden on the final hotel product
A recently completed study by the Institute of Tourism Research and Forecasting (ITEP) highlights the total taxes that burden the cost of production of the hotel product.
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