The decision represents a major and humiliating U-turn for new Prime Minister Liz Truss, who was insisting as recently as Sunday she was “absolutely committed” to the cut.

The Concession Agreement between the State and V.P.A. S.A. has a duration of 60 years from its signing and expires in 2062.

Output contracts further amid decline in new orders and marked rises in prices.

The estimated total revenues from the land plots sales, in Phase A, are estimated at c.€190m.

The Group's cash and cash equivalents on 30.06.2022 amounted to €18.116 million.

Eurostat

The company aspires to create the largest logistics hub in Northern Greece.

The company has 7 physical stores in Greece and 1 in Cyprus.

The agreement concludes the funding of Sunlight’s 5-year business plan.

Shops, cafes, restaurants and a 7-acre park are also in the works.