Mytilineos

The chairman and chief executive of Athens-listed group Mytilineos, Evangelos Mytilineos, said he expects the company to increase its output to reach up to 4% of Greece's gross domestic product.

A universal move upwards for stocks in the Greek bourse on Monday led the benchmark to major gains and the daily turnover well above the 100-million-euro mark. The main index has now climbed to levels unseen since the end of last July, while investors are also looking forward to the listing of Athens International Airport that the government has decided.

The European Investment Bank (EIB) has committed 400 million euros to support a significant new investment for Mytilineos Energy & Metals, which will accelerate renewable energy production across Greece and other EU countries.

The European Investment Bank (EIB) has committed 400 million euros to support a significant new investment for Mytilineos Energy & Metals, which will accelerate renewable energy production across Greece and other EU countries.

Imerys Bauxites' operations will merge with Mytilineos' wholly-owned subsidiary, Delphi Distomon, as part of the Metallurgy Sector's ongoing vertical integration. This move establishes the largest bauxite producer in Europe, significantly increasing the production capacity to 1.2 million tons annually - a European record and one of the largest globally.

Athinon Avenue returned to its rising course on Tuesday, with the benchmark climbing to a new 15-week high, on the verge of 1,300 points. Banks - especially Eurobank - outperformed, and alongside some other key blue chips lifted the main index to its highest point since September 1.

Mytilineos Energy & Metals continues to record top performances and will be included for a second consecutive year in the Dow Jones Sustainability Index Emerging Markets ("DJSI"), effective as of Monday.

Mytilineos and GE Vernova on Tuesday announced that they have been awarded a 1-billion UK pound (1.16 billion euros) contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks for the United Kingdom's first high-capacity east coast subsea link.

November proved to be a very profitable month for the Greek stock market, and not only for bank stocks, whose index soared 12.44%, but also for the benchmark, which has grabbed 6.88% from October 31. The month ended with a high-trade day due to index rebalancing and gains for most stocks, which took the main index to a new 12-week high on Thursday.

The fourth straight day of gains for the benchmark at the Greek stock market saw banks and certain blue chips leading the way, as opposed to the blue chip index, which posted a minor loss. Most of the action focused on the credit sector, which is seeing plenty of activity in stake sales these days, attracting the strong interest of foreign traders.