The Greek Deal.com
BUSINESS
PPC
On the investment radar of Norges Bank
PPC is on the investment radar of Norges Bank Investment Management as Business Insight of BnB Daily reports.
Spyros Theodoropoulos
The unresolved problems that hold back investment
Despite the progress of the Greek economy and industry, eight long-standing problems remain unresolved, preventing investment, said SEV President Spyros Theodoropoulos during his speech at the open event of the General Assembly of the Association of Enterprises and Industries.
MALAMATINA WINERY
46.5% jump in net profit in 2023
Malamatina Winery has recorded an increase in turnover and profitability for the second consecutive year in 2023, strategically expanding its activities and maintaining a dynamic growth trajectory under its new management.
ELTON
Open for new acquisitions
According to the group's general manager, Thanos Iliopoulos, ELTON's figures changed in the third quarter of this year's financial year in the manner that the management described in the financial statements for the six-month period, but with a slightly higher sales value.
METLEN
Net profit €482 million - New record for the first nine months
Metlen Energy & Metals Group announced new historic 9-month profitability levels driven by increasing metals and energy synergies.
Hellenic Republic Asset Development Fund
The plans for the Gonos Camp and Filis property
A total of €800 million will be allocated, both from available funds and from private leverage, to the investments for the construction of the two logistics centres at the Gonos camp and Filis, as noted by Panagiotis Stamboulidis, Executive Member of the Board of Directors and Executive Advisor of Hellenic Republic Asset Development Fund.
PPC
4 times over-coverage for the 7-year bond - Pumping €600 million
The issuance of the new 7-year bond by PPC was a great success as the company finally raised the amount of €600 million, which increased compared to the initial target of €500 million.
GEK Terna
General Meeting approved Terna Energy sale to Masdar
The General Meeting of the shareholders of GEK TERNA recently approved the sale of the RES portfolio and related activities to Masdar.
Eurobank
In the top 4% of banks worldwide in the risk category Negligible
Eurobank was placed in the optimal risk category "Negligible," achieving a score of 9.0 in the latest ESG assessment by the internationally renowned Morningstar Sustainalytics.
Sarantis Group
Sales increased by 27.9% in the first nine months of the year
Sarantis recorded a strong performance in the first nine months of the year as a result of the focused implementation of its strategic priorities, as stated in its nine-month results announcement.
PPC
Which major investments will be financed by the €500 million bond
PPC's €9 billion investment plan for the three-year period of 2024–2026 will benefit from the €500 million in proceeds from the five-year bond issue that the company announced.