Nicosia

Silk Oil joins Petrolina group of companies

Troubled oil importer and retailer Silk Oil has been acquired by Cypriot group Petrolina, the latter announced on Tuesday.

Petrolina (Holdings) Public Ltd stated that its new 100% owned subsidiary P.W. Bunkering Services (East Med) Ltd proceeded on December 31 to the acquisition of 100% of Silk Oil's share capital, in the context of the Cypriot group's further expansion in Greece.

Greece, Cyprus must make ‘realistic’ proposals to new US administration, says HALC chief

Joe Biden and his foreign policy team are more familiar with Greek issues than any other American administration in history, Endy Zemenides, executive director of the Hellenic American Leadership Council (HALC), tells Kathimerini.

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