Phāea Resorts will offer sales, marketing and revenue management services to the company.

The measures taken by the Greek Government to address the effects of the Covid-19 pandemic resulted in a reduction of €1.5million on Group’s rental income.

In Greece the rate of inflation is expected to reach 8% in March according to Eurostat.

The Psyttalia Wastewater Treatment Plant is among the largest wastewater treatment plants in Europe and worldwide.

All 3 OCGTs are expected to enter commercial operation during 2024.

The move is part of the wider strategic planning of the group for the development of a strong real estate portfolio.

The procedures for the PPP project with a budget of € 315 million are in progress.

Has upgraded the long-term deposit ratings of National Bank of Greece S.A. and Eurobank S.A. to Ba3 from B2, Alpha Bank S.A. to B1 from B2 and Piraeus Bank S.A. to B2 from B3.

The company was co-founded by the family office of Stavros Ephraimidis and the Delfi Partners group.