Companies

Wizz Air announced a special discount of 20% for all its flights to and from Bulgaria.
The promotion is valid only today and is on the occasion of the restart of the airline's flights.

The travel period is unlimited, and all Bulgarian passengers have until midnight to make a reservation on wizzair.com or in the airline's application at top prices.

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector rose to 40.9 in May, a monthly business survey revealed on June 1.

The PMI increased by 7.5 points from 33.4 in April, according to the report by the Istanbul Chamber of Industry, prepared in collaboration with London-based global data firm IHS Markit.

The deal for the acquisition of a 33% stake in Forthnet between the BC Partners investment group and the creditor banks of the Greek telecommunications company was all but sealed on Friday, with the only issue still pending being the bridge funding of 15 million euros from the British group to Forthnet for the period until the acquisition is approved by the competition authorities.

Group Renault announced on Friday it was suspending planned capacity increase projects in Romania and Morocco as part of a plan to reduce fixed costs globally. According to a press statement released by the French group, the objective of reducing fixed costs by more than 2 billion euros over 3 years aims to restore the group's competitiveness and ensure its long-term development.

The government stressed the need to create new jobs and reduce unemployment, and for demographic renewal - which it was planning to assist by offering financial compensation to parents of newborn children.

Early profit-taking at Athinon Avenue gave way to a fresh wave of buying later on Thursday - although banks appeared to have fallen out of favor - taking the benchmark higher for the fifth session in a row. The market is now confidently looking toward more growth, boosted also by the significant increase in daily trading volumes.

On a day when Wall Street and the London Stock Exchange remained closed, the Greek bourse secured a rather satisfactory turnover of almost 50 million euros on Monday, with traders opting to position themselves ahead of this Friday's upcoming index rebalancing. Leading the benchmark to strong gains were bank stocks, which were oversold in previous sessions.

Cirque du Soleil founder Guy Laliberte announced on May 24 he intends to try to buy back the world's most famous circus troupe, which is struggling due to the coronavirus pandemic.    

Laliberte, a former stilt-walker-turned-millionaire who co-founded the troupe in 1984, sold his last remaining stake in Cirque in February.

Banking and energy stocks boosted the Greek bourse on the last day of this week, although the benchmark ended up holding onto just a fraction of the gains it had recorded before the closing auctions. Even so its consolidation well above the 600-point mark is a positive omen ahead of next week.

The concern stated that after the recent hacker attack on the company, the data of patients from Serbia reached the public.
"Fresenius Medical Care, the world's largest supplier of dialysis products and services, is aware that data on patients from some of the company's dialysis centers in Serbia have been published by unauthorized persons," the statement said.