The Greek Deal.com
BUSINESS
Piraeus Bank
Starts book building process - Interest rate at 7.125%
The new senior preferred bond has a maturity of six years with the option for redemption after five years and will be listed on the Luxembourg Stock Exchange
AB Vasilopoulos
Opens its new store in Marousi
A new AB Vasilopoulos Mega store is opening in Marousi on Thursday, November 30, featuring brand-new sections and services, along with many events for visitors.
Piraeus Bank
Issues €500 million senior bond
The bank has engaged BNP Paribas, BofA Securities, Deutsche Bank, Goldman Sachs Bank Europe SE, Morgan Stanley, and UBS to carry out the issuance.
Optima Bank
Opens its new branch in Patras
Optima Bank, the fastest-growing bank in Greece, recently announced impressive financial results for the 9-month period of 2023
INTRALOT
Earnings €9 million with 15% EBITDA growth at €101 million
INTRALOT announced earnings €9 million with 15% EBITDA growth at €101 million and operating cash flow growth 44% at €97.6 million y-o-y in 9M23
DESFA
Sustainable Development Report 2022: Foundations for a zero-pollution future
DESFA has adopted a holistic approach to the environment, committing to the fight against climate change, but also to the adoption of best practices for mitigating the environmental effects of its operations
KRI-KRI Milk Industry
Turnover to €176.67 million +28.7% in 9M - Net profit to €30.19 million
In the yogurt segment, total sales increased by +34.8% in value and +15.4% in volume. Export yogurt sales show a strong growth of +39.5%, exceeding €75.5m.
Ellaktor Group
Net profits of €54.2 million in 9M
Profit Before Taxes, Interest, Depreciation, and Amortization (EBITDA) recorded a 27% increase, reaching €147 million, with the EBITDA margin set at 52%.
GEKT TERNA
Net profits at € 88.8 million in 9M
At 3Q 2023 level, total revenues stood at € 925.0 million and adjusted EBITDA1 at € 146.1 million against € 1,300.4 million and € 186.7 million respectively in the previous year period
IPTO
Necessary to triple the transmission capacity of electricity between Greece and Italy
The challenges caused by the green transition and the climate crisis in the electricity systems of Greece and Italy were also discussed, as well as ways to deal with them.
GEK TERNA
Signing of the Sub-Concession Agreement for “Philippos II” Port for 40 years
The main activity of “Philippos II” port, is the handling of general cargo and bulk dry cargo.