Sampo Group

Petros Panagiotidis is strengthening its presence in the container ship sector. More specifically, Nasdaq-listed US-based Castor Maritime Inc, through its Cyprus-based subsidiary, has agreed with MPC Münchmeyer Petersen & Co.

The Croatian government on Wednesday increased its capital in the partly state-owned food company Podravka by 5.6 million euro.

In this way, Podravka will be able to release an additional 141,000 new shares on the market, helping it to raise the capital it needs to complete the full acquisition of the Slovenian food company Zito, after buying 51.5 per cent of its shares in April.