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BUSINESS
BUSINESS
Eurobank Holdings
93.47% stake in Hellenic Bank - Mandatory public offer Newsroom
Eurobank announced the completion of the acquisition of an additional 37.6% stake in Hellenic Bank for a price of EUR 750 million. Following the transaction, its total stake amounts to 93.47% of Hellenic Bank
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
MARKETS
MARKETS
Athens Stock Exchange
Controlled consolidation of the gains
The Greek stock market recorded losses today, with investors making a controlled consolidation of the gains made on Tuesday.
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.
ECONOMY
ECONOMY
Ministry of Finance
18 tax cuts and 7 income support measures in 2025
Major initiatives to increase citizens' disposable income and reduce taxes and other burdens, amounting to €1.5 billion, are being implemented in 2025.
BUSINESS
BUSINESS
Bank of Greece
Private deposits jumped by €2.3 billion in November
The annual rate of change in the total financing of the domestic economy increased to 5.0% in November 2024, from 4.5% in the previous month, according to the Bank of Greece.
BUSINESS
BUSINESS
S&P
Greek manufacturing sector performance improves at the strongest pace since July
In December, the Greek manufacturing sector proved strong as its performance improved at the fastest pace recorded since July, according to the latest PMI survey data from S&P Global.
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