BUSINESS

Piraeus: €893m profit in nine months, on track to meet 2026 targets

Piraeus: €893m profit in nine months, on track to meet 2026 targets

Record core operating profit of €930m (+14%) for the bank. Return on tangible equity of 15.4%. An interim dividend of €124m in December and a €650m cash distribution from 2026 earnings.

Metlen repays €500m bond without new financing

Metlen repays €500m bond without new financing

Repayment was made on 30 October. The company drew on its strong liquidity without refinancing.

Greek company secures refund of Trump tariffs

Greek company secures refund of Trump tariffs

Cretan packaging manufacturer Megaplast received a tariff refund through its US subsidiary. Group revenue was €40.8 million, while profits fell.

Alpha Bank: Adjusted third-quarter profit of €283m

Alpha Bank: Adjusted third-quarter profit of €283m

Net interest income reached €472m. Nine-month profit rose 14% to €779m. Investor Day on 5 November will set out targets through 2030. Psaltis’s message.

Prada: 21% jump at its Voukourestiou Street store

Prada: 21% jump at its Voukourestiou Street store

Turnover at the Greek subsidiary reached €19.13 million, with profits growing faster than sales. Higher margins, operating costs and the outlook for 2026.

Bread Factory: Account freeze and the restructuring bid

The effort to reorganise the Bread Factory network through Koulourades, the freezing of bank accounts and the request to have them unfrozen. The investment footprint of Indian entrepreneur Taizoon Khorakiwala in Greece.

Aldemar: New mergers after hotel sales

The absorption of Aldemar Management, further moves and the parent company's financial position. The financial performance of EPTEA, which operates Olympian Village in Skafidia.

Choriatiko case: Angelos Giannakopoulos remanded in custody

He asked to be released on restrictive conditions. What he said in his statement. The Minister for Citizen Protection says the investigation is continuing and more people may be brought before the courts.

National Bank of Greece: Invest in shares and ETFs from €1 through Next

National Bank of Greece has added an “Investments” section to its Next by NBG app, offering access to more than 2,400 shares and 940 ETFs with a minimum investment of €1, as well as a BlackRock money market fund.

Karavias: lending targets, Eurolife and overseas expansion

Eurobank’s CEO on loan growth, four branches in Abu Dhabi and M&A opportunities in Greece, Cyprus and Bulgaria. The benefits of Eurolife.

CPI returns to profitability

Eurobank: Net profit of €1.16bn in first nine months

MagentaTV brings Disney+ to its customers with new bundles

Carlsberg’s Mythos is taking off in Britain

EXPO 2027 Belgrade: Business networking event in Athens opens the door to new partnerships

Cosmos Business Systems and SEV partner on cyber security

Masoutis: 40% rise in staff training hours

Economic Chamber of Greece seeks extension to deadline for correcting activity codes

Well-known dessert recalled by EFET over possible glass fragments

AKTOR: First 10 kilometres of BOAK handed over

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