The Greek Deal.com
BUSINESS
CITI
Bullish on all Greek banks
Citi maintained its "buy" ratings on all Greek banks and reinstated its coverage of Eurobank, after previous restrictions.
EASE/ICAP CRIF-CEO General Index
New decline in the EASE Economic Climate Index in the 3rd quarter
General managers of the largest Greek companies are concerned about the ongoing international tensions in the latest EASE/ICAP CRIF-CEO General Index.
Industry
Annual growth 3.1% in August - 6.7% jump in 8 months
The General Index of Industrial Production for August 2024, compared to the corresponding index for August 2023, showed an increase of 3.1% compared to a decrease of 0.2% in the corresponding comparison between 2023 and 2022.
ExxonMobil/HELLENiQ ENERGY
The second phase of exploration for hydrocarbons southwest of Crete begins
The consortium in the marine areas of the "Southwest of Crete" field officially proceeded to the second phase of exploration, as announced today by the Hellenic Hydrocarbons and Energy Resources Management Company.
Independent Power Transmission Operator
Second phase of the tender for submarine cables for the Dodecanese and NE Aegean interconnections
The second phase of IPTO's international tender for the conclusion of a framework agreement for the 150 kV AC submarine cable projects of the Dodecanese and the islands of the North-Eastern Aegean starts.
PRINTEC HELLAS
Seeking a dynamic return to the POS market
Printec Hellas is seeking a dynamic return to the POS market, which until a few years ago was a privileged field of action for it, through new partnerships, which it expects will also contribute to the recovery of its turnover and its return to profitability.
MERMEREN KOMBINAT
Asia demand drives profits
Mermeren Kombinat recorded a significant increase in profits and turnover in the first half of the year, a trend that continues in the second half of the year.
Terna Energy
EU Commission greenlights the deal with Masdar
The European Commission has cleared the acquisition of Terna Energy by Masdar under the EU Merger Regulation, paving the way for the completion of the €3.2 billion deal.
UniCredit - Alpha Bank
Orcel visit to Athens - How the cooperation is progressing
Vassilis Psaltis and Andrea Orcel, the CEOs of the two groups, delivered the message during the working meetings held in Athens by the management teams of the two institutions that the strategic cooperation between Alpha Bank and UniCredit ushers in a new era for their customers—and especially for entrepreneurship, including SMEs.
Aegean Airlines
ATCOM will become an indirect subsidiary of the Group
ATCOM, will indirectly become a subsidiary of AEGEAN Group's IT company following the successful completion of its restructuring and consolidation process.
Terna Energy
Masdar deal approved by the EU
The European Commission has announced that it has cleared under the EU Merger Regulation the acquisition of sole control of Terna Energy by Masdar of the United Arab Emirates.