PPC
Hellenic Competition Commission approves Kotsovolos sale to PPC
The Hellenic Competition Commission approved the sale of electronics and appliance chain Kotsovolos to the Public Power Corporation (PPC), it said on Wednesday.
In a statement, the Commission said that it unanimously approved the 100% acquisition by PPC of Dixons South-East Europe (Dixons).
PPC aspires to become regional clean energy leader
Public Power Corporation's (PPC) goal is to become the leading player in the field of clean energy and critical infrastructure in Southeast Europe, creating an energy corridor that will add value to all countries, the president and CEO of PPC, Giorgos Stassis, said while speaking at the Ziarul Financiar Power Summit 24 in Bucharest on Tuesday.
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Keen interest in PPC investment plans
More than 200 analysts from the largest financial houses in the world attended the presentation in London of Public Power Corporation's (PPC) investment plan, amounting to 9 billion euros over the next three years, which lasted over two hours.
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PPC shareholders approve expansion of activities
Public Power Corporation (PPC) shareholders approved by 98% of the vote a change to some of the company's articles of incorporation that will allow it to expand activities to trade in technology products and provide information services, on Thursday.
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PPC completes sale of energy forward products
Public Power Corporation (PPC) announced on Wednesday it had successfully completed the obligations undertaken toward the Greek government for the sale of Greek-power forward products to third parties during the last three years.
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PPC completes sale of energy products in the forward market during the period 2021-2023
The Public Power Corporation (PPC SA) announced on Wednesday that it has completed the obligations undertaken towards the Greek government for the sale of Greek-power forward products to third parties during the last three years.
Rift between PPC and industry over rates
One of the biggest problems Greek industry faces is that of competitiveness, which is partly undermined by the high power rates paid by local industrial groups.
One month after the start of negotiations between Greece's main supplier Public Power Corporation (PPC) and energy-intensive companies on industrial rates, the distance between them remains huge.
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Debts to PPC will be settled on easier terms
A new, more favorable settlement scheme for debts to Public Power Corporation is in the pipeline, Energy Minister Kostis Hatzidakis told Skai TV on Saturday, saying that the amount of the required downpayment will be reduced while the number of tranches will remain the same.
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Hatzidakis says PPC rescue plan will convince auditors of company's viability
Energy Minister Kostis Hatzidakis on Thursday said he believed an auditor's report on the second-quarter results of troubled public power utility PPC will deem it viable, following the measures announced by the government and the company to shore up its finances.
Plan to make PPC more attractive to investors
New legislation to be tabled in October will free Greece's Public Power Corporation (PPC) from the obligations and restrictions that apply to state utilities so that the state-controlled electricity firm can operate as a listed company and expose itself to market competition, Energy Minister Kostis Hatzidakis told Kathimerini's Sunday edition.
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