Greece has resolved its momentary dispute with Chinese giant COSCO over the legislation linked to the privatisation of the Piraeus Port Authority (OLP).
Marinopoulos supermarket chain has filed for protection from its creditors after running up huge debts and could be the latest bankruptcy of a major business in Greece.
Renewable energy company, Terna Energy’s first quarter results for year show that consolidated sales came to 50.4 million euros compared to 45.9 million euros for the same quarter last year, an increase of 9.8 percent.
Greek construction and energy group GEK Terna’s financial statements for the first quarter of 2016 which show that the group’s consolidated sales came to 281.9 million euros, compared to 227.1 million euros in Q1 2015, an increase of 24.1 percent.
OPAP, Greece’s leading game operator and Europe’s largest betting firm, has released its Q1 2016 financial statement, which shows that revenues fell by 4.4 percent, coming in at 340.7 million euros compared to 356.3 million euros for the same quarter last year.
Greek jewelry and fashion accessory designer and retailer Folli Follie’s Q1 2016 financial results revealed that the group’s consolidated revenue reached 293.7 million euros versus 268.6 million euros last year, an increase of 9.3 percent.
Property developer Lamda Development has released its Q1 2016 interim financial statement which shows that the group made profits of 1.6 million euros compared to 1.4 million euros for the same period last year, representing an increase of 14.3 percent.
Aegean Airline’s Q1 2016 financial results, released on Thursday, showed that net losses for the period stood at 21.5 million euros compared to 8.3 million euros last year, resulting in losses increasing by 157 percent.
Motor Oil Hellas has released its interim Q1 2016 results, which show that the group’s net operating profits stood at 48.7 million euros versus 41.7 million euros for the same quarter last year, an increase of 16.7 percent.
Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), released its interim Q1 2016 financial statement on Thursday, showing that turnover fell by 8.8 percent in the quarter compared to the same time last year.