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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
ECONOMY
ECONOMY
GrowthFund
Appointed Ioannis Papachristou as new CEO
The Corporate Governance Council (CGB) of the GrowthFund based on its responsibilities, has decided to appoint Mr. Ioannis Papachristou for a four-year term of office effective from 4 March 2025.
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.
ECONOMY
ECONOMY
HYDROCARBONS
Possible exploratory drilling in Crete within 2025
Deputy Minister of Environment and Energy Alexandra Sdoukou talked about the interest of the American companies Chevron and ExxonMobil, which are active in the exploration sector in the country, as strategically important.
ECONOMY
ECONOMY
Ministry of Finance
Recycling units in Kos and Kalymnos - At €110 million budget
The implementation of Integrated Recycling and Waste Recovery Units in the municipalities of Kos and Kalymnos and a landfill of waste, with a total budget of 110 million euros, was approved by the Interministerial PPP Committee, as announced today by the Ministry of National Economy and Finance.
BUSINESS
BUSINESS
Attica Bank
Completion of the €3.7 billion Domus and Rhodium securitisations
The securitizations of Attica Bank's "Domus" and "Rhodium" non-performing loan portfolios, with a total book value of approximately €3.7 billion, were successfully completed, following the receipt of all necessary approvals, including the provision of a guarantee by the Greek State ("Heracles III").
DEAL MAKER
DEAL MAKER
Fourlis Group
Placement of Trade Estates a successful milestone
Fourlis describes the successful completion of the private placement of Trade Estates shares as an important milestone in the strategic development of the group.
MARKETS
MARKETS
Athens Stock Exchange
Slight lead of sellers
Small changes, low rates and a slight lead of sellers is the picture on Athens Avenue after the limited recovery from Monday's sell-off that the market made yesterday.
BUSINESS
BUSINESS
Hellenic General Insurance
Deal has entered the final stretch
Piraeus' deal for Hellenic General Insurance has entered the final stretch, with reports that more news will be released before the bank's figures are announced at the end of February.
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