The Greek group
's investment in Laiki had already been diluted when the bank was nationalised in mid-2012 after its capital base was hit by a write-down in Greek government debt, to which it was heavily exposed.
Revolutionary Struggle: It is a Greek group
notorious for its attacks on Greek government buildings and the U.S.
The owners of the Greek group
Tyras, to which the Sliven-based dairy Tyrbul belongs, announced their investment plans at the tenth anniversary of the firm, which was attended by Desislava Taneva, Bulgariaas new Agriculture Minister.
Further to three months of pre-due diligence, Capital Corp said it decided to move forward with the project and by late December 2013 a formal investment proposal in the amount of USD 15.25m was signed with the Greek group
Furthermore, the US investor will take a 9.99% interest through a share capital at the Greek group
plus an additional 3% of Terna Energy.
OTE owns the major share package of 54.01 percent in Romtelecom, while the rest belongs to the Romanian state.
OTE, the biggest telecoms company in southeast Europe, said its underlying performance was improving, after reporting a big one-off gain from a disposal in Serbia had lifted quarterly profit above forecast.
Selling the property will boost Dubai Group's finances and trigger a stronger debt negotiating position for the Dubai Holding investment arm which also has stakes in regional investment bank Shuaa Capital, Greek group
Marfin Investment Group and Australian company Citigold Corp .
We have Launched Lal Qila Dubai Franchise under the supervision of Greek Group
from 25th February 2011 at Jumeirah 1 in Dubai.
An official with Greek group
Polembros Shipping Ltd said one of its tankers was loaded at Es Sider with another still waiting to enter the port due to the bad weather.
The bank, almost fully owned by Greek group
Piraeus Bank, will raise its capital by 24 percent over the next 70-75 days, chief executive Nayera Amin told reporters.