GEK Terna group announced a significant increase in profitability for the nine-month 2022 period, compared to the corresponding period of 2021, due to improved performances in all of its commercial activities.
Among others, group liquidity remained strong, at 1.126 billion euros by the end of September 2022.
Total group revenues reached 2.762 billion euros over the period, compared to 700.7 million euros in the same period of 2021.
The Athens-group reported impressive results in its energy production and trade (electricity and natural gas) activity, both domestically and abroad. Specifically, revenues totaled 2.076 billion euros, significantly higher than 220 million euros in the first nine months of 2021.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
New power plant eyed for Alexandroupolis vicinity
The go-ahead comes after approval this week by the board of directors of PPC and DEPA
Eight investment schemes table expression of interest for port of Volos
A relevant international tender foresees a minimum 67-percent stake in the specific port authority’s share capital.
USS George W. Bush anchors off Athens
The imposing USS George W. Bush aircraft carrier anchored in Faliro Bay
Greece moves up 9 spots in EIU’s Democracy Index; now in 25th place out of 167 countries
The country’s overall score rose to 7.97 last year, up from 7.56 in 2021, which placed Greece in 25th place
Reports: Ellington withdrawing from Attica Bank; Thrivest to participate in share cap increase
Ellington’s head of operations in Greece on Thursday resigned from the ATHEX-listed lender’s board of directors
Draft amendment aimed to prevent party formed by imprisoned GD cadre from vying in next election tabled
The draft bill is expected to land on Parliament’s floor on Tuesday
Covid-19 Greece: Public health officials point to decreased number of hospitalizations; slight hike in related fatalities
The number of intubated patients totaled 135, down from 153 in the third week of February.
Large industrial property in east Thessaloniki sold for 9.237 mln€ in auction
Total arrears – dating back to 2010 - owed to 225 former employees of the insolvent company total 11.5 million euros
Alpha Bank raises 400 mln€ from Tier 1 issue
The issue was oversubscribed by 5.7 times
Eurostat: Jan 2023 inflation rate in Greece at 7.2%; 8.5% for Eurozon
Energy prices rose by 17.2 percent in the Eurozone
