ELTA

The plan for the restructuring of Hellenic Post (ELTA) is progressing rapidly, with an emphasis on the reorganization and upgrade of the network.

Completing one year from the start of their cooperation with Amazon, Hellenic Post responded to the challenge, delivering 95% of the parcels within or earlier than the relevant deadlines. Today, they manage on a monthly basis 70% of the European volume of the company, which reaches Greece through the Croatian hub.

Greece's state assets fund appointed Polychronis Griveas and Elias Athanasiou as the new president and CEO, respectively, of troubled state-owned Hellenic Post (ELTA), during Thursday's general meeting.

Griveas previously headed the management of Astir Palace Vouliagmeni and Athanasiou was CEO of Enterprise Greece, the state-owned body that promotes Greek exports.

OPAP, Europe’s second-largest gambling firm, announced Thursday that it was proceeding with a 90 percent acquisition of Payzone Hellas SA, the biggest mobile phone top-up network in Greece with over 11,000 POS terminals installed, for 7.75 million euros.

By Alexandra Kassimi

The first suitors for Hellenic Post (ELTA) have already started to appear, even though the privatization process has been postponed until a later date due to delays.