Snam led consortium wins tender for 66% stake in DESFA

Hellenic Republic Asset Development Fund (HRADF) unanimously accepted on Thursday the improved financial offer of the consortium of the companies Snam SpA, Enagás Internacional SLU and Fluxys SA, of 535 million euros for the acquisition of [...]

PPC approves acquisition of EDS

A Public Power Corporation (PPC) board council meeting formally approved the acquisition of EDS, an electricity energy trading and supply company in the former Yugoslav Republic of Macedonia, for 4.8 million euros. In an announcement, PPC said: [...]

National Bank signs 640-mln-euro guarantee agreements with EIF

The European Investment Fund (EIF) and the National Bank of Greece (NBG) on Monday signed three guarantee agreements worth 640 million euros to improve access to finance for small and medium‑sized enterprises (SMEs) in Greece. These agreements [...]

Aegean Airlines says passenger traffic up 12 pct in Q1

Aegean Airlines and Olympic Air on Thursday said passenger traffic grew 12 pct in the first quarter of 2018, totaling 2.4 million passengers. The Greek airline, in an announcement said traffic was 1.1 million passengers in the domestic network, [...]

PPC to decide on acquisition of EDS on Friday

Public Power Corporation is just one step before finalising an agreement to acquire EDS, an electricity energy distributor in the Former Yugoslav Republic of Macedonia, as all necessary financial and legal actions have been completed and the [...]

Fraport Greece says Ryanair remains “a strategic partner” after its cutback decision

Fraport Greece respects the needs and choices of Irish budget airline Ryanair to reduce its domestic flights in Greece, Fraport Greece general manager George Vilos said on Wednesday, and still considers the airline a strategic partner. Fraport [...]

PPC extends tenure of chairman and CEO

Public Power Corporation (PPC) on Wednesday announced it was extending the tenure of its chairman and CEO, Emmanouel Panagiotakis, until its next regular general shareholders’ meeting. In an announcement to the Athens Stock Exchange, PPC [...]

Ryanair closes its base in Chania; cuts domestic flights in Greece

The Irish budget airline Ryanair will close its base in Chania, Crete and reduce its domestic flights within Greece. According to the airline’s announcement on Thursday, from June 1 the airline will cut back its domestic flights in Greece [...]

Egyptair discounts flights from Athens booked by April 30

Egypt’s national carrier, Egyptair, is offering special rates for flights departing Athens up to June 10. The Star Alliance airline said on Tuesday that tickets booked between April 6 and 30 in economy and business classes will be cheaper [...]

Ιaso Group completes sale of Iaso General to Hellenic Healthcare

Iaso Group on Tuesday announced the completion of a transfer of Iaso General’s shares to Hellenic Healthcare S.A.R.L. following an agreement between the two sides signed in November 5, 2017. Under the agreement, Iaso transfered 97.2 pct [...]