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.

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.

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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