BUSINESS

Hondos stores in Kolonaki and Kallithea swing from profit to loss

Hondos stores in Kolonaki and Kallithea swing from profit to loss

Hondos Department Store, which has outlets in both areas, went from a profit of €370,000 to a marginal loss. Management expects a significant improvement in the current financial year.

Stergiou family: From military canteens to a €40m investment

Stergiou family: From military canteens to a €40m investment

The food company increased sales by 9.4%, but net profit fell by 22.3%. Its €40m investment, lower debt and proposed €3m dividend.

Violanta nine months after the Trikala tragedy

Violanta nine months after the Trikala tragedy

What the financial statements reveal about the tragedy’s consequences, insurance cover and outstanding compensation claims. The company expects to return to profitability in 2027.

Snappi: How it aims to overtake Revolut and N26

Snappi: How it aims to overtake Revolut and N26

How the Greek neobank’s first-year performance compares with that of international rivals. Targets for 400,000 users, €500 million in deposits and €90 million in loans in 2027. New partnerships and a move into investments.

Glaros’s 2025 scorecard

Glaros’s 2025 scorecard

A €3m investment in Premia, €149m in sales and a 15% fall in profits. Rising receivables, loss-making Baker Master and the decision to retain 2025 earnings.

22% of Elaïs–Unilever’s turnover changes hands

The €70.7 million sale of the ice cream business, a €63.8 million dividend and the next major restructuring. How the Greek subsidiary’s business is being reshaped.

Coffee Berry expands into France, Belgium and Luxembourg

Sales reached €20.5m in 2025, with 38% generated abroad. Falling profit margins, rising debt and plans for new production investment.

‘Choriatiko’: Organisation members monitored for 118 days

Efforts to conceal evidence and ‘moves’ are clearly apparent, beginning last May on the instructions of the 57-year-old leader, after a uniformed officer alerted him to police investigations into his business activities.

Greek investors commit $70m to Endeavor Catalyst

Endeavor Catalyst Fund V closed in October with more than $320m, exceeding its initial target of $300m

Costa Navarino: Revenue growth, losses and major restructuring

Revenue rose 12.9%, but losses reached €27.4m. Investment of €99m and debt of €645m. Corporate restructuring reshaped the group.

The dramatic turnaround in Feidas’ footwear business

KFC slips back into the red despite sales growth

Praktiker: What the Pavăl brothers really bought in Greece

ELAÏS–Unilever: Turnover reaches €381.5 million in 2025

Lampsa: Lease of Kriezotou property enters final stretch

Callista Crafts: Expansion in France and a US headache

What Hondos acquired in Nea Ionia

The secret behind Thanopoulos’ loyalty to the northern suburbs

Mouzakis: How its industrial strength unravelled

Quest: What lies ahead with ACS in its portfolio

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