Hellenic Post and Cyprus Post decide to boost cooperation

The Greek and Cyprus post offices on Tuesday decided to enhance their cooperation, during a meeting between Hellenic Post CEO Efrosyni Stavraki and Cyprus Post Director Andreas Gregoriou in Nicosia. The two sides exchanged views and ideas on [...]

Terna Energy signs 24-mln-euro loan with EIB

Terna Energy, a member of GEK Terna Group, reached an agreement with European Investment Bank for a 24 million euros loan to fund the company’s investment program. Eurobank Ergasias Group will also participate in the agreement. The loan [...]

Two Greek SMEs selected in Horizon 2020 program

Sixty four small and medium-sized enterprises from 16 countries, including two Greek ones, were selected by the EU for funding under the Horizon 2020 program. The total amount allocated to SMEs, dealing with 57 projects, amounts to 96.815 million [...]

Hellenic Petroleum suspends operation of its Elefsina refinery until mid September

Hellenic Petroleum on Friday announced that it is suspending the operation of its refinery in Elefsina until mid-September, due to a malfunction found in a hydrogen production unit on July 10. The company has also decided to bring forward planned [...]

DESFA signs agreement linking gas grids from Greece up to Hungary and Ukraine

The Greek gas transmission system operator DESFA on Wednesday signed a memorandum of cooperation with its Bulgarian, Romanian and Hungarian counterparts – Bulgartransgaz, Transgaz and FGSZ, respectively – for the linking of their [...]

MIG to prematurely repay convertible bond loan

Marfin Investment Group (MIG) on Monday announced it would prematurely repay its convertible bond loan worth 375,247,019 euros at the fourth anniversary of its issue (July 29, 2017). Under the terms of the convertible bond, MIG will pay to bondholders [...]

Intrasoft Intl to upgrade Attica Gas IT systems

Attica Gas, the natural gas distributor in Attica, on Monday announced an agreement with Intrasoft International to upgrade the company’s IT systems. In an announcement, Attica Gas said this new partnership aimed to improve consumer experience [...]

National Bank announces cooperation with three research institutes

National Bank announced its cooperation with the three top research institutes in the country, the National Center of Research and Technological Development in Macedonia, the “Alexander Fleming” Biomedical Sciences Research Centre [...]

Landis + Gyr to transfer two production lines to Greece

Landis + Gyr has begun transferring the production lines for two more models of “smart” electricity meters to the Corinthian facilities, this time from a UK unit, and expects that the whole process will have ended by the end of October. As [...]

Greek authorities approved Terna Energy bond issue plan

A Greek Capital Market Commission board meeting on Wednesday approved a plan by Terna Energy for a public offer in Greece and the listing in the Athens Stock Exchange of up to 60,000 common bonds, of a nominal value of 1,000 euros, worth 60 [...]