IBEX-35

Piraeus Tower SA and Spanish-based Inditex Group have signed an agreement for the lease of the Piraeus Tower.

Inditex, one of the top fashion groups in the world, will be the anchor tenant in the Piraeus Tower.

The group was founded in La Coruna in 1975 and is now active in 216 countries with 6,700 stores.

ArcelorMittal, the world's number-two steel maker, has said it will shut down two of its blast furnaces in Europe over high energy prices and lower demand.    

Its furnaces in Bremen in northern Germany and near Gijon in northern Spain will cease to operate until further notice at the end of the month, it announced.    

Greece has shortlisted nine investors in a tender for a minority stake in Athens International Airport (AIA), the country's biggest, its privatisation agency said on Friday.

The sale is crucial for Greece which emerged from international bailouts in 2018 and is aiming for privatisation receipts of 2.4 billion euros ($2.7 billion) this year.

ArcelorMittal, the world's largest steelmaker, has agreed to sell a 50 percent stake in its shipping business, the first step in its plan to offload $2 billion of assets by the middle of 2021 to reduce its debt.

Greek state privatization fund HRADF or TAIPED) on Tuesday announced that 10 investment schemes have expressed their interest for a 30 percent stake in Athens International Airport (AIA), owned by the fund.

Spain's BBVA named Onur Genç as its new chief executive on Nov. 28, with the head of the Spanish bank's U.S. operations due to take over its online transformation from Carlos Torres at the end of 2018.

Spanish bank BBVA is adopting a cautious approach to Turkey and might have to set aside more money as a result of the worsening economic situation in its fifth-largest market.

International brands ZARA and IKEA will launch their first stores in Plovdiv and the two chains will open their premises in the renovated Plovdiv Plaza Mall. After its renovation, the shopping center is set to open again in November. The Inditex fashion industry giant's brand will have a store of more than 3700 square meters in the mall.

2 400 companies have left the Spanish region of Catalonia since the independence referendum to date, Bloomberg reports, citing data from the local company register.

 Investment projects in the northeastern region of Catalonia have been paralyzed and the sale of a stake in state-run lender Bankia put on hold because of the current political uncertainty, Spain's economy minister said on Thursday, Reuters reported.