Piraeus Port Authority reports significant rise in H1 results

Piraeus Port Authority on Monday reported a significant increase in its pre-tax profits in the first six months of 2017 to 8.6 million euros, from 1.8 million in the same period last year, while after tax earnings jumped to 4.4 million euros [...]

Grivalia Properties buys commercial property for 14.36 mln euros

Grivalia Properties on Friday said it was the highest bidder in a tender to buy the remaining 50 pct of a real estate property located in Syggrou Avenue 340, Kallithea. The company said the price to buy the property was 14.36 million euros. [...]

Thessaloniki Port Authority reports significantly improved H1 results

The year 2017 is evolving into a landmark year for Thessaloniki Port Authority according to its management, as economic figures in the first half “strengthened estimates for the biggest increase in container traffic in the last decade [...]

Eurobank signs 150-mln-euro loan agreement with EIB

The European Investment Bank (EIB) and Eurobank have signed a 150 million euros loan agreement to finance eligible projects undertaken by small and medium-sized enterprises and midcaps operating in Greece, Eurobank said on Thursday. In an announcement, [...]

Papastratos reports improved 2016 results

Papastratos reported pre-tax profits of 27.14 million euros in 2016, up from 7.89 million in 2015, while turnover rose to 291.63 million euros from 274.15 million in 2015. “Thanks to our strategic decision to give an export orientation [...]

Central bank probe not expected to have ‘material financial or capital impact,’ Piraeus Bank says

In a follow-up announcement released on Wednesday, Piraeus Bank said it did not expect “material financial or capital impact” as a result of an ongoing inspection by Greece’s central bank. “Further to yesterday’s press [...]

Interamerican to pay 0.082 euros per share dividend to shareholders

Interamerican on Monday said it pay a dividend of 0.082 euros per share, or 10.05 million euros (pre-tax) to its shareholders, starting September 22. The company reported operating earnings of 21.1 million euros in 2016. Interamerican is fully [...]

Alpha Bank to organize Fintech Challenge “17

Alpha Bank invited young Greeks with new business ideas, knowledge, vision and prospect to participate in “Fintech Challenge ’17”, a two-and-a-half days marathon, November 24-26, in Athens. The Fintech Challenge ’17 is [...]

ADMIE reports lower H1 results

ADMIE, Greece’s Independent Power Transmission Operator, on Monday reported net profits of 32.2 million euros in the first half of 2017, down 18.1 pct from the corresponding period in 2016. In an announcement, ADMIE attributed this development [...]

Hellas Gold awaiting routine permits unrelated to the arbitration process for Skouries

Hellas Gold called on the Greek government on Monday to issue routine permits for the Skouries gold mine site, which it said were unrelated to the pending arbitration process. In a press release, the subsidiary of Canadian mining company Eldorado [...]