Minister who does not listen to the market «Congratulations.» Alafouzou in Gr.Dimitriadis, the earnings at Lamda Development, the ekselakia of Nea Tsafos and the AB that goes to Santorini.

Minister of Tourism Olga Kefalogianni must be terribly busy. It does not explain otherwise how he does not find time, months now, to meet and listen to the views of an organization with a crucial role in the field of hospitality.

The reason for short-term lease, the famous Airbnb, dealing with thousands of property owners across the country and contributing around EUR 1 billion to tax revenues.

As we heard on the podcast We hosted in the BD by the vice president of the Association of Companies for Brachychronic Renting Real Estate (Stama Greece), Theocharis Michailidis:

«The League is trying, but there are government ministers who refuse to talk to us. Like, say, the Minister of Tourism. We've sent so many requests, letters and memos, and he's not answering.

And wherever he is and where he stands, and where he speaks, he will say something negative about short-terms. To see who these people are who they blame each time».

Greek specificity

Needless to note that this high attitude is exclusively a Greek phenomenon.

In all normal European countries, the ministers of a government speak with their responsibility bodies, discuss and learn about the problems and challenges they face, listen to their complaints and demands and try to create a policy aimed at maximising the benefit for society and the economy.

Here, their ministers and advisers know everything. They do not speak with many and often legislate without the slightest consultation of the market and the companies concerned by the legislation.

The credit Giannis Alafouzou in Gr. Dimitriadis

With an enthusiastic «Congratulations.» reacted, to the social boss of the Panathinaikos football team and SKAI, Giannis Alafousos in the post of Gregory Dimitriadis, and of course we do not mean Gregory Dimitriadis of SKAI, who reacted strongly to the lawsuit filed by Vangelis Marinakis after the well-known incident at Telekom Center Athens.

«Let's get this over with. I've never learned to bow my head to anyone before. I will protect my family, my principles and my values to the end. Mr. Marinakis won't roll us all down his gutter. Mr. Marinakis, you're not doing Colombia.» Mr Dimitriadis and Mr Alafuzo, among other things, noted that Mr. «Congratulations.».

Lowers the bar for fees to Lamda

Maybe Lamda Development's new corporate counterpart is in focusAs from Tuesday, June 2nd, the public offer will begin, however, we will focus a little on the general meeting on June 23rd.

We have some changes in pay policy and the bar is getting a little lower. We explain: For the CEO and Senior Managers of the Group (Management Team), the importance of the criteria of the short-term programme has to date been defined as follows: (a) 40% – corporate performance (EBITDA & NAV), (b) 60% achievement of goals and individual evaluation.

Now, at the forthcoming general meeting there will be the following change: a) 35% – corporate performance (EBITDA & NAV), b) 65% achievement of objectives and individual evaluation.

For 2025 Ulysses Athanasios receive a total remuneration of EUR 1,97 million compared to EUR 1,53 million in 2024.

Variable earnings increased to 1.02m euros from 794m euros. As far as the new bond is concerned, we note that it will not lead to a substantial increase in lending since it will repay the first bond issued by the company.

House sales in Greece have brought revenues by the end of April 1.7 billion euros. The agreement with ION is expected to be concluded by the end of July.

«Contrast» Caffoo with the export market

The confrontation of Nikos Tsafos with the market holds well, as he once again wanted to respond to what is said about the energy market.

This time he attempted to break down the arguments circulating about our country being burdened with exporting cheap and buying expensive electricity.

He did what he knows very well to do: the eccles. That's when he spoke with numbers... According to him, this year, which we are stable exporters, the surplus is already +341m euros for the first quarter.

«Our country is a clean exporter around the clock this year – we export a little more at noon, but also in the evening we export significant quantities (over 1 GW net)», hurry to clear up.

However, how does this money benefit the final consumer? Does he see a decrease in his account?

The market objection obviously lies in the fact that if we as a country could use, if not all, but at least most of the excess energy from RESBy storing it in batteries, there would also be tangible benefits for the final consumer. He'd see reductions in the power bill.

In the final line the entrance of AB Vasilopoulos to Santorini

In the final line goes AB Vasilopoulos' bass in Santorini, as four new stores will open within the next period as part of an expansion of the chain on the islands.

As N. Lavidas reported to a journalist on the margins of the presentation of AB Vasilopoulos with WWF to reduce the environmental footprint of the chain, the opening of the stores that had announced Easter will take place in the coming period.

In particular, the first has just opened in Imerovigli, and by the end of June will open the next in Perissa, and will follow in Kamari, and Messaria.

These 4 new stores come to be added to the already existing one in Santorini, with Mr. Lavidas that all stores belong to the company and will not operate under franchise status.

The addition of the three points further strengthens the company's network to one of the country's most important tourist destinations.

The AB Vassilopoulos acquired the shops from Carrefour franchises operating on the island, with the cost of the investment reaching 3m euros.

All eyes on the meeting Theodorikos-Masuti

With great interest is expected today's meeting of the President of the Hellenic Supermarket Association, Giannis Masoutis, with the Minister of Development T. Theodorikos, after yesterday «hot» incident that occurred between A. Panteliadis and the ministry.

Yesterday at a press conference given by the group leader My market and METRO Cash & Carry and Vice-President of the Hellenic Supermarket Association A. Panteliadis, left clear spikes against Minister of Development Takis Theodorikos, with a background of prices in supermarket.

Mr Panteliades warned of a possible increase in prices on shelves while stating that the communication between supermarkets and the Ministry of Development has been discontinued.

My Market chief made reference to the margin imposed on the profit margin noting that he has tired of the market, and stressed that he did not «emergency measures may be made permanently».

However, sources of the Ministry of Development have moved the position that Mr. Panteliades does not express the industry, noting that reality denies the so-called head of My Market, as today there will be a meeting with Mr. Masutis.

However, behind the public debate, several on the market see that the real disagreement concerns who will ultimately bear the political and economic cost of accuracy in the coming months.

Volunteers also sweep in telecommunications

Banks are on their way to voluntary projects and telecommunications are on their way., with providers aiming at... more flexibility as profit margins are squeezed.

After Vodafone In March, when 165 people finally left, the Commission launched a voluntary exit programme in March to raise a number of reactions from the workers. Nova He's coming to get the baton.

As Nova has announced, the programme concerning 44 workers will be «individual» as it concerns positions that will no longer exist in the provider's organisation chart.

As part of the departure program, the company offers enhanced financial provision, which corresponds to twice the legal dismissal allowance per employee, while outgoing workers will retain the group insurance policy they participated for another year, as well as the additional benefits related to telephone, internet and television.

Double dividend Premia Properties

Double compared to last year was the dividend approved at yesterday's General Assembly. The Premia Properties, «vehicle» the strong increase in its profitability.

As CEO Costas Markazos reported, «This year's increase in profitability allows us to move on to increased distribution in order to please our shareholders», which shaped the distribution at EUR 0.06 per share.

Although Mr. Markazos made it clear that the dividend cannot double every year, he left it open. «window» In addition, the Commission has decided to grant aid to the steel industry. Premia Properties He's expecting increased profits.

Women's case Premia

And speaking of Premia, to mention that about 70% of workers are made up of women. «Maybe that's why we're such a good company.», commented jokingly on Mr. Markazos, adding with a more serious note that pluralism does bring more balance in the company's work.

It is no coincidence that its new hotel subsidiary, Premia HotelInvest, will be led by an experienced woman in the tourism sector, since CEO is Natalia Stratti, former CEO of Grivalia.

In European Nasdaq Bally’s Intralot and Qualco

In «European Nasdaq» joined Bally’s Intralot and Qualco, as they are now members of Euronext Athens Tech Leaders.

The two listed from yesterday belong to the initiative involving more than 100 high-tech companies, where their total capitalisation exceeds EUR 700 million.

At the event held yesterday at the AA, where Bally’s Intralot CEO, Robeson Reeves, and the executive president of Qualco, O. Tsakalotos, marked the participation of the two companies, ringing the bell of the opening session, the climate was more than enthusiastic.

According to market players their participation in the Euronext Tech Leaders index opens the door to a wide network of international investors facilitating their access to capital.

Theon also participates in the index, which is currently part of the Netherlands Stock Exchange.

Disclaimer: The contents and information in the column are provided exclusively for information purposes. In no case are they advice, proposal or offer to purchase or sell securities, nor are they encouraging investment decisions. The website is not responsible for decisions taken on the basis of the above information.



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