Money Buzz! Greece

From Athens to Thessaloniki: Jackaroo hits Wolt record, opens 3 new stores

Backed by a major investment from the Vivartia Group, Jackaroo is launching three new stores in Athens and Thessaloniki,...

Greece tops 2024 complexity rankings for businesses amid major tax and digital reforms

Greece has emerged as the most complex country for multinational businesses in 2024, climbing from second place in 2023,...

KORRES marks strong turnaround with EUR 75.5 million in 2024 revenue

Natural cosmetics brand KORRES recorded a strong performance in 2024, reporting EUR 75.5 million in revenue, marking an 11.9%...

Chinese car brands expand market share in Greece in early 2025

Chinese car manufacturers are rapidly increasing their market presence in Greece, driven by competitive pricing, electric vehicle (EV) technology,...

Fourlis ignites 2025 with IKEA, Intersport, Foot Locker and H&B growth

Fourlis Holdings S.A. sales reached €118.2 million in the first quarter of 2025, reflecting a 1.7% year-over-year increase. Gross...

Slow start for Motor Oil Hellas in 2025. Revenue at EUR 2.68 billion, down 10% from 2024

Facing a less favorable external environment compared to the previous year, Motor Oil Hellas reported a decline in key...

METRO AEBE reports EUR 1.62 billion in 2024 revenue. Aggressive expansion plan for 2025

METRO AEBE, one of Greece’s leading retail and wholesale food distribution companies, reported consolidated net sales of €1.62 billion...

PPC sees resilient first quarter as clean energy investments surge

Public Power Corporation S.A. (PPC) reported solid first-quarter results for 2025, demonstrating resilience amid challenging weather conditions. The Group...

Premier Capital reshuffles executive leadership. New CEO for McDonald’s Greece

Premier Capital plc, the developmental licensee for McDonald's in six European markets: Greece, Estonia, Latvia, Lithuania, Malta, and Romania,...

FAMAR acquired a sterile manufacturing site in Homburg, Germany

FAMAR Group signed an agreement to acquire a sterile production site in Homburg (Saar), Germany, from MiP Pharma, to...

McDonald’s sales surpassed EUR 108 million in Greece, amid network expansion

Premier Capital, the exclusive operator of McDonald's restaurants in Greece, reported a solid performance in 2024, achieving EUR 108.9...

Piraeus Bank reports strong Q1 2025 profit of EUR 284 Million

Piraeus Bank posted strong profitability for the first quarter of 2025, reporting net earnings of EUR 284 million, equivalent...

Domiki Kritis reports 24.7% decline in revenue for 2024 amid construction sector challenges

Domiki Kritis, a player in the construction sector, reported a 24.7% decline in revenue for the fiscal year 2024,...

7 in 10 Greek businesses report earnings below minimum wage

More than 70% of Greek businesses reported annual net earnings equal to or below the statutory minimum wage in...

Jumbo posts EUR 320 million profit for 2024. New online store in Bulgaria, expansion in Romania

Retail giant Jumbo reported strong financial results for 2024, with net profits reaching EUR 320.1 million, as sales recorded...

Jimmy The Greek enters multi-year strategic partnership with MLS’s Toronto FC

Canadian quick-service restaurant chain Jimmy The Greek has announced a multi-year partnership with Major League Soccer’s Toronto FC. The...

Strong financial performance for PPC in 2024. Adjusted EBITDA at EUR 1.8bn

PPC had a strong performance in 2024 with adjusted EBITDA increasing to EUR 1.8 bn, recording an increase of...

Tbi Bank posts record EUR 50 million net profit in 2024

Tbi Bank has reported a record net profit of EUR 50 million for 2024, marking an 18% year-on-year (YoY)...

TBI Bank expands its operations in the Balkans by opening a branch in Greece

TBI Bank is entering the Greek market after obtaining approval from the Bank of Greece. It is the bank’s third...