General Electric

PPC announced on Thursday the completion of the acquisition of Evryo Group's renewable energy source portfolio in Romania, which is controlled by Macquarie Asset Management, boosting further its RES activity in that country.

Turkish contractors have secured $17.6 billion in international projects in the first 10 months of the year, according to data from the Trade Ministry.

Despite challenges like the pandemic and the Russia-Ukraine war, Turkish contractors continue to thrive.

Last year proved to be a record one for the profitability of Greek listed companies, as well as a 16-year record for dividends to be distributed, a difficult challenge that was met, setting the bar very high for this year. 

The clock is ticking for Elpedison, with the company's shareholders (Helleniq Energy and Edison) seeking to close control negotiations by June at the latest so that any outcome can be ratified at the annual general meeting.

Italgas, Italy's biggest gas distributor, unveiled plans on Thursday to invest 7.8 billion euros in its business by 2029, but its shares slipped as some analysts were unimpressed by earnings projections and dividend plans.

Türkiye's external assets increased by 0.5 percent from the end of 2022 to amount to $307.6 billion as of March, according to the data from the Central Bank.

The country's liabilities against non-residents fell by 5.4 percent over the same period to $555 billion.

Greece's Development and Investment Ministry on Monday launched procedures to find a strategic investor to participate in Hellenic Aerospace Industry SA with an equity stake of up to 49%.

The ministry launched an invitation to the largest aerospace industries in the NATO alliance to express interest in the procedures by February 10.

Türkiye's external assets exhibited an increase of 2.7 percent from the end of 2021 to reach $296.1 billion as of the end of August, data from the Central Bank have shown.

Türkiye's external assets stood at $281 billion in June, indicating a decrease of 2.5 percent compared to the end of 2021, and liabilities against nonresidents amounted to $503.5 billion, falling by 7.1 percent, the Central Bank said yesterday.

Turkish contractors were awarded a total of 156 projects worth $5.94 billion in foreign countries from January to July this year, data from the Trade Ministry have shown.

The average size of the projects awarded to Turkish companies abroad in the first seven months of the year was $38 million, according to the ministry.