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BUSINESS
BUSINESS
AG Olives Group
Cooperation with the table olive company Georgoudis S.A.
AG Olives Group, the world's largest company in the table olive sector with a presence in the United States and Spain, announced its partnership with the Greek company Georgoudis S.A. - Parthenon, the oldest table olive company in Greece.
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
JUMBO GROUP
Revenue growth of 6.3% in 2024, exceeding guidance
From the first day of the serious complications of the disruption of the global supply chain from the "closure of Suez", the management of the Jumbo Group made a commitment to the consumer and avoided offering on the shelves of the stores, products with a temporary or opportunistic price increase.
POLITICS
POLITICS
Kyriakos Mitsotakis
Greece and Saudi Arabia strengthen their cooperation at the highest possible level
Regional developments, investment prospects and the strengthening of bilateral cooperation in a number of areas were the focus of Prime Minister Kyriakos Mitsotakis' talks with the Crown Prince and Prime Minister of Saudi Arabia, Mohammed bin Salman bin Abdulaziz Al Saud.
BUSINESS
BUSINESS
PPC
Goldman Sachs raises its target price
Goldman Sachs raises its target price for PPC's shares to €15.5 from €14.5 previously, while upgrading its recommendation to buy from neutral.
BUSINESS
BUSINESS
alpha finance
Why does it expect high perfomance from bank stocks
2025 will be another positive year for the banking sector, given that profitability will remain high (return on equity >13%) and higher dividend yields of 8% are expected from 2024 earnings, Alpha Finance estimates in a new report.
BUSINESS
BUSINESS
Profile Group
Planning new products
Profile is looking at AI, and is reportedly already planning new products in this direction. Its AI-enabled record processing program is the latest addition to its product portfolio, and it aims to get even more projects in this area.
MARKETS
MARKETS
Athens Stock Exchange
Drop below 1,500 points
The Athens Stock Exchange started the new week on the left, as sellers maintained the "reins" for the second consecutive session (preceded by Friday's drop).
ECONOMY
ECONOMY
ICAP CRIF
CEO Index up in Q4
The general economic sentiment index (EASE/ICAP CRIF-CEO General Index) for the 4th quarter of 2024 stood at 160 points, as recorded by the 3-monthly survey conducted on a sample of 2,540 CEOs/General Managers of the largest Greek companies by the Society of Senior Business Executives (EASE) in collaboration with ICAP CRIF.
ECONOMY
ECONOMY
OFF COURT SETTLEMENTS
81% increase in regulations in 2024
The number of successful debt settlements under the Out-of-Court Mechanism increased by 81% in 2024 compared to 2023, according to an announcement by the Ministry of Economy and Finance.
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