Public Power Corporation
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PPC completes acquisition of Romania wind farm
Public Power Corporation (PPC) announced on Tuesday it has completed the acquisition of an 84-megawatt wind farm in Romania through its subsidiary PPC Renewables.
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ATHEX: Three-day week begins with decline
A short trading week of just three days has started at the Greek stock market with a moderate decline for the benchmark and the majority of stocks, though a number of blue chips responded to pressure and rebounded. Turnover also showed signs of significant recovery on Tuesday, after one more long weekend and ahead of another.
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ATHEX: Negligible losses for the week
The March triple witching sent the bourse's turnover soaring to over 350 million euros on Friday, while the benchmark grabbed some more ground, all but offsetting the major losses it had suffered on Monday. That meant the week closed with small losses, for the first time after seven weeks of growth.
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ATHEX: Local index slumps below 1,400-pt mark
The index rebalancing, the constant rally of stocks in recent weeks, the decline of Piraeus Bank (the protagonist of the past week) and the reservations investors showed in foreign markets contributed to a day of major losses at the Greek stock market on Monday, which brought the benchmark below the 1,400-point mark on unusually high turnover.
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Hellenic Competition Commission approves Kotsovolos sale to PPC
The Hellenic Competition Commission approved the sale of electronics and appliance chain Kotsovolos to the Public Power Corporation (PPC), it said on Wednesday.
In a statement, the Commission said that it unanimously approved the 100% acquisition by PPC of Dixons South-East Europe (Dixons).
Record-breaking acquisitions in the Greek market
The Greek market saw a 15-year record in acquisitions of Greek companies in 2023, according to a report by PwC Greece on Wednesday.
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Gov’t to introduce new bills about innovation, mergers
Three new bills, in addition to the new fiscal framework, are being prepared for submission to Parliament within 2024, National Economy and Finance Minister Kostis Hatzidakis revealed on Tuesday, while speaking at the Real Investment Summit 2024.
PPC aspires to become regional clean energy leader
Public Power Corporation's (PPC) goal is to become the leading player in the field of clean energy and critical infrastructure in Southeast Europe, creating an energy corridor that will add value to all countries, the president and CEO of PPC, Giorgos Stassis, said while speaking at the Ziarul Financiar Power Summit 24 in Bucharest on Tuesday.
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ATHEX: Fifth week of gains for benchmark
The main index of the Greek bourse advanced for the fifth week in a row, despite the moderate losses suffered on Friday in what was a rather quiet session. Observers note that traders may be waiting for corporate moves and the placement of the state's 27% stake in Piraeus Bank, so they are saving their strength for now.
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Shaping the future of energy in Southeast Europe
Greece is poised to emerge as a pivotal player in the Southeast European energy market, driven by new energy interconnections, infrastructural developments, and strategic acquisitions.
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