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BUSINESS
BUSINESS
Eurobank Holdings
93.47% stake in Hellenic Bank - Mandatory public offer Newsroom
Eurobank announced the completion of the acquisition of an additional 37.6% stake in Hellenic Bank for a price of EUR 750 million. Following the transaction, its total stake amounts to 93.47% of Hellenic Bank
BUSINESS
BUSINESS
JUMBO GROUP
Sales increased by 11% in January
Jumbo's group sales increased by 11% in January last year, compared to the corresponding month of 2024
DEAL MAKER
DEAL MAKER
TRADE ESTATES
Packages with discount 10%
Packages of shares representing 15.99% of the share capital of Trade Estates were transferred today through prearranged transactions on the Athens Exchange.
BUSINESS
BUSINESS
Eurobank
Disbursement for the 8th tranche approved - 2.2 billion from the Recovery Fund
Eurobank has received approval for the disbursement of the eighth tranche of the Recovery & Resilience Fund (RDF), amounting to €300 million of resources, from the Ministry of Economy and Finance, having met the required targets under the Operational Agreement signed with the Greek State.
MARKETS
MARKETS
TITAN
Record figures in 2024 with sales of €2.64 billion and profits of €300 million
Titan Group will report record sales and profits for another year in 2024, according to current unaudited consolidated financial results cited in a statement, ahead of the start of the roadshow for the American public offering (IPO) of Titan America shares.
BUSINESS
BUSINESS
METLEN
New major mining, metallurgical and industrial investment of €295.5 million
Metlen will make a major investment of almost €300 million for the production of bauxite, alumina and gallium in Agios Nikolaos, Boeotia.
MARKETS
MARKETS
Athens Stock Exchange
Trying to stay in positive territory
The Athens Stock Exchange continues to "play" in the area of 1,450-1,460 points, while investors are counting down to the end of a satisfactory 2024.
BUSINESS
BUSINESS
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.
ECONOMY
ECONOMY
Bank of Greece
Current account deficit at €8 billion in 10 months
The current account deficit decreased by €825.0 million in October 2024, according to data released today by the Bank of Greece. However, in the ten-month period from January to October 2024, the deficit increased by €220.6 million to €8.0 billion.
BUSINESS
BUSINESS
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.
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