Companies

Mercator returns to profit in H1

Ljubljana – Retail group Mercator posted a net profit of EUR 10.6 million in the first half of the year after reporting a loss of EUR 69 million in the same period a year ago due to property revaluation and writedowns. Sales revenue was down 0.4% to EUR 1.1 billion.

Hearing Postponed: North Macedonia Telecoms Scandal Ten Years in Court

The alleged wrongdoing went back even further than 2011.

MakTel once dominated the mobile market in North Macedonia, operating since 2001 as a joint venture between the state and Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom. Its only competitor was the far smaller Cosmote network.

Iakovos Kargarotos (Papastratos) to OT.gr – “We are aiming for a Greece without cigarettes”

Greece is ready to become the first or one of the first countries without cigarettes in the world, stressed the Vice President of Papastratos, Mr. Iakovos Kargarotos, who visited the stand of OT at the 85th Thessaloniki International Fair.

Spanish delivery company Glovo completes acquisition of Ehrana

Ljubljana – The acquisition of the food delivery platform Ehrana is now finalised and all activities have been transferred to Glovo, the Spanish acquirer said. Glovo had announced in May that it would take over one of the largest home delivery providers in Slovenia, and the deal has now been completed.

President Iohannis - meeting with Enel Group representatives; talks focused on challenges facing energy market

President Klaus Iohannis welcomed on Tuesday, at the Cotroceni Presidential Palace a delegation from Enel Group, headed by Francesco Starace, CEO, context in which the head of state conveyed the need for a joint effort of energy companies and authorities to identify the most appropriate measures and tools to protect vulnerable consumers, but also companies in the productive sector, strongly aff

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