Revenue

The major increase in property transfers recorded in 2022 continued in 2023 too, following years of stagnation due to the pandemic and the energy crisis.

According to data from the Independent Authority for Public Revenue, transfers posted a new record last year, mainly thanks to the major interest by foreign investors.

Antalya, Türkiye's famous holiday destination, led the increase in hotel prices last year, according to the data from the Hotel Association of Türkiye (TÜROB).

The average daily rate (ADR) was 172.1 euros in 2023 at Antalya's hotels, up 19.35 percent from the previous year. Revenue per available room (RevPAR) rose 8 percent to 96.8 euros.

Bulgaria ushers in the new year on a different note, as the State Budget Act for 2024 gets the green light, marking a departure from previous years of budgetary uncertainties. The freshly ratified budget signifies a significant milestone, offering stability as the nation steps into the year ahead.

A decline in production costs, including for energy, and rises in the prices of its products, helped bottler Coca-Cola HBC boost its net sales revenue and profitability in the first half of 2023.

Public Power Corporation (PPC), Greece's biggest power utility, announced a significant increase in first-half operating profit on Thursday because it spent much less on buying energy, especially natural gas, and on fines for carbon dioxide emissions.

Attica Bank on Thursday announced its return to profitability, with pre-provision operating profits totaling 500,000 euros in the first quarter of 2023, from a loss of €4.9 million in the same period last year.

Koper – Port operator Luka Koper posted a net profit of EUR 16.5 million for the first quarter of 2022, up 91% over the same period in 2021. Sales revenue rose by 23% to EUR 70.9 million, and transshipped goods were up 18% to nearly 5.9 million tonnes, show unaudited results released on Friday.

Koper – The port operator Luka Koper generated EUR 168.2 million in net sales revenue in the first nine months of the year, a 9% increase year-on-year, while net profit increased by 3% to EUR 22.4 million, shows an unaudited report released on Friday.

A large percentage of revenue is being lost 

Ljubljana – Revenue from the sales of services in Slovenia was up by 21.8% in June compared to the same month last year, and by 2.6% compared to June 2019, the Statistics Office reported on Friday, an indication that services are recovering fast from the pandemic slump.