EIB and four Greek banks will participate in a 650-million-euro infrastructure program, aimed at identifying new high-impact investment projects in Greece.
Thomas Cook Hotel Investments (TCHI), a joint venture between Thomas Cook and LMEY Investments, has secured the sum of 40 million euros to invest in hotels in Greece and other Mediterranean destinations.
Avis Budget Group, a leading global provider of vehicle rental services, has completed the acquisition of Olympic Commercial & Tourist Enterprises, which trades as Avis Greece, from Piraeus Bank.
Avis Hellas will pass into the ownership of Avis Europe Holdings and Turkey’s Otokoc in a 318.1 million-euro deal, according to main shareholder Piraeus Bank.
Small and medium-sized businesses in Greece will be able to tap into a total of 700 million euros of funding by EIB, EIF and EBRD, through local Piraeus Bank.
A 40.4 percent stake in ferry services provider Hellenic Seaways (HSW) is up for sale after Piraeus Bank launched an open international tender for the company this week.
The recent strategic cooperation deal between Piraeus Bank and Marfin Investment Group (MIG) is expected to lead to significant developments in the Greek coastal shipping sector.
Paulo Yoshikawa is Lufthansa's new general manager for Greece and Cyprus. The Japanese-Brazilian national began his career with Lufthansa in Sao Paulo, Brazil in 1975 and has been with the German carrier ever since. Before coming to Athens, Mr. Yoshikawa was based in Madrid,...
Tourism enterprises eligible for the Third Community Support Framework subsidy cycle include small to mid-sized C, D and E class hotels, as well as B class hotels with a capacity of up to 125 beds. Also eligible are C and D class camping grounds, and furnished rooms, apartments...
