25062019Headline:

Greek dairy companies hold 500 meetings with foreign buyers to promote exports

Enterprise Greece’s 4th business meeting programme for exporters in the dairy sector held in Athens (June 10) and Larissa (June 12) resulted in a total of 500 meetings, they said on Thursday. Forty Greek companies met with 21 buyers of [...]

Hellenic Petroleum and Edison gain full control in Elpedison

Hellenic Petroleum SA on Thursday announced that Elpedison SA, in which Hellenic Petroleum Group has a 50 pct equity participation, agreed to acquire a 24.22 pct stake in Elpedison SA from Ellaktor and ElvalHalcor for 20 million euros in cash. [...]

Total of 34 Greek enterprises at PLMA 2019 fair in Amsterdam

A total of 34 Greek enterprises participated in the 34th International Private Label Fair held in Amsterdam, May 21-22. The PLMA is the biggest and most significant international fair in the private label business worldwide, presenting the latest [...]

Aegean Airlines says traffic, revenue up in Q1

Aegean Airlines on Monday reported a 7.0 pct increase in passenger traffic and a 4.0 pct rise in consolidated revenue to 172 million euros in the first quarter of 2019, compared with the same period last year. Average plane capacity improved [...]

Piraeus Bank announces strategic partnership with Intrum

Piraeus Bank S.A. on Monday announced a long-term strategic partnership with Intrum to establish a market-leading servicer of non-performing assets in Greece, in a deal valued at 410 million euros. The Greek systemic bank, in an announcement, [...]

PPC postpones tendering for lignite units

The Public Power Corporation (PPC) announced that it is postponing the tendering deadline for the lignite units in Megalopoli and Florina to July 15. PPC said the change of deadline was agreed upon with the government following Sunday night’s [...]

German energy sector companies on business mission in Thessaloniki, June 24-27

The Hellenic-German Chamber of Commerce and Industry is organising a business mission of German companies specializing on renewable energy sources, to be held in Thessaloniki on June 24-27. The mission will look into energy storage and integration [...]

Russian coalminers’ cry for help

Russian coalminers have launched a crowd-funding campaign as well as a petition calling for political support from Russia and the UK, in an effort to promote their demands. Specifically, the coalminers are pushing for an investigation into the [...]

Thomas Cook expands its operations in Greece, buys two hotel properties

Thomas Cook announced on Tuesday that its consortium, Thomas Cook Hotel Investments (TCHI), has acquired two new hotel properties in Greece, including the company’s flagship hotel, Casa Cook Kos. Following these acquisitions, the joint [...]

National Bank reports 131 million euros in profits in Q1

National Bank Group (NBG) on Tuesday said its after-tax earnings from continuing operations totaled 131 million euros in the first quarter of 2019, reflecting a significant increase from net interest revenue, cutbacks in operating spending and [...]