Companies

The Capital Market Commission is considering the immediate replacement of all board members of disgraced jewelry retailer Folli Follie that the regulator appointed in December when it ejected George Koutsolioutsos.
It was against this backdrop that its inspectors carried out a spot check at the listed company's Athens headquarters on Thursday.

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion.

Japan's automotive giant Toyota said today it would extend the suspension of its Chinese factories by one week until February 16 because of the country's coronavirus epidemic crisis.

Italian lender UniCredit has announced the "successful completion of the accelerated bookbuild offering" to institutional investors of approximately 100.7 billion existing ordinary shares in Yapı ve Kredi Bankası, equal to around 12 percent of the Turkish lender's issued share capital.

For a second day in a row the Greek bourse benchmark continued its recovery without the support of bank stocks on Wednesday, although mid-session gains had shrunk by the end of what was a fairly slow day.

The main shareholder of disgraced listed Greek jewelry retailer Folli Follie is seeking to install a new administration at the company's helm and will be petitioning shareholders for the removal of the board's president and three other members and their replacement by executives from the company's existing roster, Kathimerini understands.

Public Gas Corporation (DEPA) has shifted to an aggressive commercial policy, aiming to reverse the contraction of its market share, which dropped to 33 percent at end-2019 from 58 percent in 2018.

Vodafone Greece announced on Monday it has scooped the exclusive rights to the premium TV content of US giant HBO for its VTV cable TV subscription service.

This 'defection' of HBO's content from Nova's service is the second major blow for the troubled satellite platform after it lost the rights to soccer's Champions League to Cosmote TV.

Ernst & Young Greece (EY Greece) on Monday announced the signing of a three-year strategic partnership agreement with the InvestGR Forum: Foreign Investments in Greece, an annual event organized by consulting firm Public Affairs & Networks.

Eldorado Gold is seeking to make substantial changes to the contracts for the mines in Halkidiki, while searching for a strategic investor that will help share the cost of an investment plan that is proving too expensive for the Canadian company to undertake on its own.