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BUSINESS
BUSINESS
GEK Terna
Contribution of €4.8 billion to Greece's GDP
The substantial contribution of GEK TERNA Group to the national economy and the Greek society was once again highlighted through a study "Socio-Economic Impact Assessment (SEIA) for the period 2022-2023".
BUSINESS
BUSINESS
Optima bank
Strong performance with 9Μ 2023 net profit of €73.6 million
Optima Bank announced a strong performance with net profits for the nine months of 2023 reaching €73.6 million, compared to €26.8 million in the same period last year and €42.9 million for the entire 2022, all on a adjusted basis.
The DEAL of the DAY
The DEAL of the DAY
Vivartia
The key objective of "M. Arabatzis - Aresis" merger plan
The merger plan with the absorption of Alesis (Chryssi Zymi) by Michail Arabatzis (Hellenic Dough) is progressing, as the goal of Vivartia, under whose "umbrella" the two industries operate, is to create a company that will play a leading role in the production and trade of bakery and confectionery products.
BUSINESS
BUSINESS
Alpha Bank
UniCredit acquires 9% for €293.5 million
UniCredit is acquiring the 9% stake held by the Greek government in Alpha Bank for 293.5 million euros, following the improved (compared to the initial) offer made by the Italian giant to the Financial Stability Fund (FSF), namely 1.39 euros per share.
DEAL MAKER
DEAL MAKER
SECRET
An Englishman, an German, an Investor, a Greek Media owner and a Bank
It was an Englishman and a German investor, looking for things in Greece. It sounds like a joke, but it's not.
The DEAL of the DAY
The DEAL of the DAY
Alpha Bank
Improved offer from UniCredit for 9%
An improved offer from UniCredit for 9% of Alpha Bank, fluctuates at around €1.40 per share, as of the closing levels on Friday, according to reliable sources.
ECONOMY
ECONOMY
DEDDIE
More than 500,000 smart electricity meters installed by end of 2023
Special tariffs will come into effect on January 1 for consumers who use the so-called 'smart meters' for electricity consumption
ECONOMY
ECONOMY
K MITSOTAKIS
The Greek pharmaceuticals industry has an important role to play
Prime Minister Kyriakos Mitsotakis visited the new plant of the Greek pharmaceuticals manufacturer ELPEN on Saturday, located in the east Attica region of Keratea.
POLITICS
POLITICS
K MITSOTAKIS
Government will use all available tools to keep food prices down
Prime Minister Kyriakos Mitsotakis, accompanied by Development Minister Kostas Skrekas, visited a supermarket in Keratea, east Attica, on Saturday, where they inspected the ongoing 5% fixed price reduction project on specific items.
MARKETS
MARKETS
stock market
Weekly losses 1.37%
The stock market recorded declining trends in today's session, with the market retreating towards the 1,200-point amid a bearish atmosphere in European markets.
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