Mytilineos Holdings

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.

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).

The market's focus on the sovereign bond issue left the field wide open for sellers on the local bourse - and they took full advantage of it. Stocks suffered significant losses, again led by the bank sector. It had been expected by many that stocks were set to fall in Athens and the rest of Europe, due to rising concerns over vaccine supplies.

State privatization agency TAIPED will grant short-listed bidders the right to submit binding financial offers for the concession of Egnatia Odos by April 1, after not submitting their offers by the December 11 deadline.

The Greek bourse hit the ground running on the first trading day of 2021 on Monday, with prices growing as the session progressed and the closing auctions taking the benchmark above 820 points for the first time in almost 11 months. This time it was mainly energy stocks and other non-bank blue chips that led the index higher.

Mytilineos on Monday announced the acquisition of a 50-megawatt solar energy project in Spain (the Jaén photovoltaic project) from Viridi RE.

The project is located in the Municipality of Jaén (Andalusia), an area with significant sunshine in southeastern Spain.

It is ready for construction, which is planned for the first quarter of 2021.

Undeterred by the pandemic, Athens-listed Mytilineos continues to expand across the globe, announcing on Thursday two new projects, in Chile and the UK.

A joint venture of companies led by Mytilineos has signed an agreement for the Engineering, Procurement and Construction (EPC) of the Protos Energy Recovery Facility project in Cheshire, England, which will treat 400,000 tons of non-recyclable waste per year, the Athens-listed group announced on Wednesday.
 

The Mytilineos Group announced on Monday that after three years of delays due to the internal situation in Libya, it is relaunching construction work for a new power plant in Tobruk, as the necessary funding lines that had been languishing have now been activated. 

Greek industrial group Mytilineos donated a SARS-CoV-2 diagnostic machine and laboratory supplies for 5,000 tests, as part of the company's initiatives to support the national healthcare system in the second wave of the pandemic.