The Greek Deal.com
BUSINESS
Independent Power Transmission Operator
The construction of the electrical interconnection between Crete and Attica is completed
With a time horizon of spring 2025, at the start of the tourist season, the electrical interconnection system between Crete and Attica, the construction of which was completed last week, is expected to come into operation.
GEK Terna
Takes over the construction of the new PPC building
Terna, a wholly owned subsidiary and construction arm of the GEK Terna Group, is to take over the first phase of the construction project of the new PPC administration building at the former Plessa camp on Plesa Avenue.
BESPOKE REAL ESTATE
Buys the ION and Nikas properties for €63 million
By the end of the year, the sale and transfer to Bespoke Real Estate (of Spyros Theodoropoulos) of the Nika property, for €20.026 million, and the four ION properties, for a total price of €42.947 million, is expected to be completed.
QUEST GROUP
Michael Chamaz appointed president of Uni Systems
Quest Group announces that Mr. Michael Chamaz has been appointed Chairman of the Board of Directors of the wholly owned subsidiary Uni Systems MAE.
Bank of Greece
2.5% growth in 2025 - The 6 risks and policy proposals
The Bank of Greece forecasts growth of 2.3% for 2024, acceleration to 2.5% in 2025, and a slight decline to 2.3% in 2026 and 2% in 2027 for the Greek economy, according to the Interim Report on Monetary Policy 2024, which was submitted today to the President of the Parliament and the Council of Ministers.
Industrial Turnover
Up 0.9% in October - 9.8% month-on-month jump
Turnover in industry (total domestic and external market) increased by 0.9% in October, compared with a decrease of 1.3% in the corresponding comparison between 2023 and 2022.
Premia Properties
Completed the acquisition of Sunwing Hotels for €112 million
Premia Properties announced the completion of the transaction with Nordic Leisure Travel Group for the acquisition of 100% of the share capital of "Sunwing Hotels Hellas Single Member S.A" for €112 million.
Athens Stock Exchange
Trying to manage external pressures
For the second day in a row, the Athens Stock Exchange is called upon to manage import pressures from abroad, where concerns have turned to the possible shutdown of the US government and Trump's threats of tariffs on European products.
Hellenic Competition Commission
Closing monitoring Nestle Hellas
The Competition Commission is closely monitoring Nestle Hellas.
Helleniq Energy
Over €2 billion of investment over three years under Vision 2025
HelleniQ Energy's investments under the Vision 2025 program have reached over €2 billion, with the aim of transforming HelleniQ Energy into an organisation that operates across the energy spectrum.
DEPA COMMERCIAL
Signatures for the sale of 35% of HELLENiQ ENERGY to the HRDAF
For €208 million, the 35% stake in DEPA Commercial held by HelleniQ Energy will be transferred to the Hellenic Republic Asset Development Fund, following the approval of the transaction by the Boards of Directors of the two companies.