Turnover

By Dimitra Manifava

Retail sales volume posted a significant rise in October 2014 compared with the same month in 2013, while the constant decline in prices meant there was only marginal growth in turnover, according to data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).

By Dimitra Manifava

Reduced disposable incomes and political turmoil have this year resulted in a further reduction to retail stores’ Christmas turnover, despite shops being open an additional Sunday compared with December 2013.

Hidroelectrica recorded, after the first 11 months of 2014, a record profit of 1.073 billion lei, up by 28% from the same period of last year, when the company posted a profit of 841 million lei, a company's release informs on Monday.

By Dimitra Manifava

The plan prepared by the Development Ministry for the extrajudicial settlement of bad corporate loans features more flexible criteria for businesses wishing to enter the process, in a bid to have as many debtors as possible pay at least a portion of their dues.

By Dimitra Manifava

Three weeks into the summer sales, traders say that purchases are not satisfactory. Shopping levels appear to be lower than during the same period last year, or on the same level at best, even at popular holiday destinations, with Crete suffering the biggest losses.

Inspectors of Bulgaria's National Revenue Agency started checkups in the auto glass shops in Sofia, said the institution. 

The inspections are prompted by numerous complaints of car owners after yesterday's hailstorm in Sofia, that the repair shops don't issue receipts, as required by law. 

The turnover index in industry in February recorded a decline of 0.1 percent, compared to the same month last year, Greece’s statistical authority, ELSTAT, reported on Wednesday.