The Board of Directors (BoD) of two Greek core banks, Alpha and Eurobank, have reportedly approved the restructuring plan of Marinopoulos, Greece’s largest supermarket, which had been submitted by the strategic investor, Sklavenitis, one of the biggest Greek supermarket chains.
Coca-Cola HBC AG has announced its H1 2016 results, which show that FX neutral net sales revenue increased by 2.4 percent. Accounting for currency movements, a 3.4 percent decline in net sales revenue was registered.
The Hellenic Telecommunications Organization S.A (OTE Group) has released its H1 2016 results, showing a slight drop in revenues for the first six months of 2016 compared to the same period last year.
The first and most crucial stage of the Piraeus Port (OLP) privatisation was completed on Wednesday with the transfer of a 51 percent share stake from the Hellenic Republic Asset Development Fund (HRADF) to COSCO.
Engineering group Metka which specialises in large-scale projects in energy, infrastructure and defence sectors has posted its H1 2016 results.
The industrial conglomerate Mytilineos Group has released its H1 2016 financial report showing that the group managed to maintain steady growth in the face of a challenging domestic and international business environment, but did register some marginal losses compared to the same period last year.
Grivalia Properties’ H1 2016 results show that the group ended the first half of the year with revenue at 30.3 million euros versus 27.6 million euros for the same period last year, an increase of 10 percent.
Titan Group’s H1 2016 results showed the company’s overall results had improved off the back of strong performance in their US operations as well as improved results generated in Egypt.
A court in Athens accepted on Friday evening a request by Marinopoulos, Greece’s largest supermarket chain, for protection from its creditors.
Greece has resolved its momentary dispute with Chinese giant COSCO over the legislation linked to the privatisation of the Piraeus Port Authority (OLP).