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Cosco-owned Piraeus Port Authority SA (OLP) posted record-high turnover and profits in 2023, the company running Greece's biggest port said.

Total revenues reached 219.8 million euros, up 12.9% from 2022, according to a press statement released on Friday.

Greece will enjoy lower natural gas bills in the coming years as the country turns into a transit hub for natural gas in Southeastern Europe, Maria Rita Galli, CEO of gas grid operator DESFA, told reporters.

GEK TERNA is evolving into a new national champion in the fields of concessions, energy and constructions. Large projects that will be completed in 2025 will return to its shareholders cumulative revenues by 2050 at least 20 billion. euro.

BY ZEPOS & YANNOPOULOS

A commission of European experts will investigate the causes of the incident occurred Friday afternoon in the European power transmission system and which left several areas in northwestern Romania without electricity, sources from the Energy Ministry told AGERPRES. "No one so far knows what the incident's causes are.

Jewelry and fashion accessories company Folli Follie sustained losses of 121 million euros during 2019, or 44% less than in 2018, according to results as yet uncertified by chartered accountants.

Operational losses also declined, to about €74 million in 2019 from €156.2 million in 2018, despite turnover shrinking to €203 million from €297 million.