The Greek Deal.com
BUSINESS
Goldman Sachs
Reduces target prices for Greek banks
Goldman Sachs has adjusted its estimates for the profitability levels and target prices of the shares of the four systemic banks against the backdrop of the new interest rate policy of the ECB.
TSAKOS FAMILY
The investment in tourism
Apart from the ships, the Tsakos family is gradually expanding into tourism. The aim is to build infrastructure for high-quality tourism, as they see that many islands do not have the right infrastructure to accommodate tourists.
LOGISTICS
Contribution 11.5% of GDP and valuation at €23.8 billion
Greece ranks 19th in the World Bank's logistics efficiency ranking, with the sector contributing 11.5% to GDP with a value of €23.8 billion and being the most important after tourism, while the development of rail transport and the new map of warehousing facilities are expected to further raise the bar of expectations.
Cenergy Holdings
Supply of cables for the extension of the Dutch energy network
Cenergy Holdings announces that Hellenic Cables, its cable business, has signed a multi-year framework agreement with Enexis Netbeheer for a landmark project aimed at strengthening and expanding the electricity network in the Netherlands.
Papoutsanis
41% jump in profits in the first nine months
Papoutsanis' profits for the nine-month period rose by 41%, the company announced, recording a profit after tax of €3.9 million.
Eurobank
Establishes a new Venture Banking Unit
Eurobank has established a Venture Banking unit with the aim of developing an integrated strategy, more efficient operation and further development of its business.
REAL ESTATE
Trends discussed at the Executive Leaders' Breakfast of the 25th Prodexpo
Senior market participants examined the real estate market trends at the Executive Leaders' Breakfast, which came before the start of the 25th Prodexpo conference, highlighting both opportunities and risks.
Trastor
Why proceeded in a capital increase
There are three reasons why Trastor will proceed with a capital increase of €100 to €140 million in early 2025, as BnB Daily reports.
Greek Banks
Morgan Stanley maintains its constructive stance
Morgan Stanley maintains its constructive stance on Greek banks, following meetings between the firm's analysts and bank management, government officials and industry players.
Attica Bank
Why the share was suspended from trading
There is strong investor interest in Attica Bank's Share Capital Increase, as domestic and international investors are flocking to cover it.
DESFA
Cooperation agreements with the Egyptian companies EGAS and GASCO
DESFA signed cooperation agreements with the most important Egyptian gas companies, EGAS and GASCO, on the sidelines of the Mediterranean Offshore Conference (MoC) in Alexandria (October 20-22).