Companies
Six suitors likely to bid for Larco assets
Six candidates have expressed their interest in a tender to buy Larco General Mining & Metallurgical Company assets, including the leasing of the mining complex in Larymna.
According to information, the six candidates were: GEK Terna, Tharisa Plc, Mytilineos Group, Solway Investment Group, Trafigura Group Pte, and Commodity and Mining Insight Ireland Limited.
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ATHEX: Stock market posts gains on blue chips
The Greek bourse followed on Tuesday in the footsteps left by major foreign markets over the last couple of days, taking its benchmark just over the 760-point mark, though banks had less to do with that growth than other blue chips. Turnover saw a marked improvement too.
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Six parties interested in Larco assets
The Hellenic Republic Asset Development Fund SA (TAIPED) announced on Monday that six interested parties have submitted expressions of interest for the lease of a number of Larco General Mining & Metallurgical Company assets, namely its Larymna smelting plant, the Larymna and Loutsi mines and relevant mining rights, and other assets owned by the Greek state.
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RWE to sign deal for new RES projects
By mid-February Greek electricity giant PPC and German peer RWE are expected to sign an agreement for the joint development of renewable energy source projects in the Greek market.
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Retailers struggling to adjust
The hybrid shopping models of click-and-collect and click-inside have started operating in major cities such as Athens, Piraeus, Patra and Halkida due to the new Covid-19 restrictions, with many problems reported and some major enterprises leaving it very late before deciding whether they would employ them or stay closed.
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Siemens Energy to Cut 7,800 Jobs
Siemens Energy AG will cut roughly a sixth of workers from its gas and power division in the latest sign that the worldwide shift to green energy is upending the fossil-fuel businesses.
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Six suitors for Thessaloniki port’s Pier 6
This Friday is the deadline for bids in the final stage of the tender for the extension of Pier 6 of Thessaloniki Port Authority (OLTH).
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Turkish carmaker Karsan rolls out Turkey’s first electric driverless bus
Turkish carmaker Karsan has introduced Turkey's first domestically produced driverless electric bus, Karsan Atak Electric.
President Recep Tayyip Erdoğan on Feb. 1 attended a test drive of the vehicle.
"Autonomous bus producers will promote Turkey and Turkish brands globally," he said.
Industry and Technology Minister Mustafa Varank was also present at the event.
ATHEX: Stock market flat while peers post gains
Underperforming its European peers, Athinon Avenue was virtually flat at the end of the week's first session as it failed to catch the wave of gains observed in the rest of the eurozone, partly due to concerns about the course of the pandemic in Greece. Losing stocks narrowly edged out the gainers, but most indexes closed with slight growth.
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Greek behind early vaccine technology ‘happy’ his work is ‘helping humanity,’ he tells Kathimerini
Gregory Gregoriadis, an 86-year-old Greek scientist, was vaccinated against the novel coronavirus with the Pfizer/BioNTech jab at a UK medical center in Northwood, Middlesex just a few days ago.