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ECONOMY
ECONOMY
OECD
Strong economy and persistent inflation - The recommendations
The OECD forecasts growth of 2.2% in 2025 and 2.5% in 2026 for Greece, expecting that the increase in disposable income will support consumption, while the "tight" labour market and increases in the minimum wage will support wages.
BUSINESS
BUSINESS
Ideal Holdings
Announcement about Barba Stathis takeover
Ideal Holdings responds to the publications that talk about a possible takeover of Barba Stathis following a letter from the Hellenic Capital Market Commission.
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
TRADE ESTATES
Preliminary agreement with Lamda Development for the Retail Park
Lamda Development and Trade Estate have signed the notarial contract for the sale of the retail park within the commercial hub for a total price of €31 million.
ECONOMY
ECONOMY
Tourism
678.6 million nights spent in short-term rental accommodation in 2023
Online booking platforms up 13.8% in 2023 according to Eurostat.
BUSINESS
BUSINESS
Quest
8% increase in net profit in 2023, €1.2 billion in sales
Quest: EUR 45.4 million profit with sales of EUR 1.2 billion in 2023
ECONOMY
ECONOMY
Economic inequality
Decreased by 2.4 percentage points since 2015
The Hellenic Statistical Authority announced that economic inequality has decreased since the economic crisis.
BUSINESS
BUSINESS
Motor Oil
Earnings of €806.6m in 2023, total dividend of €1.8m
Motor Oil: 1.383 billion EBITDA in 2023 - Net profit of EUR 806.6 million
BUSINESS
BUSINESS
Principia
New name for the Enel - Macquarie joint venture in Greece
Enel SpA and Macquarie Asset Management founded the new renewable energy company, Principia, which has been operating in Greece as a part of Enel Green Power since 2008.
BUSINESS
BUSINESS
AEGEAN
Expands its international network, adding flights to Shanghai
Cooperation between JUNEYAO AIR and AEGEAN for code-sharing flights
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