News

EDF reiterated its interest in PPC privatization – Greece, 27 May 2016

According to sources, the interest of French EDF in Greek Public Power Corporation (PPC) will be high on agenda of forthcoming visit of French Prime Minister Manuel Valls to Greece. In April 2014, EDF formally expressed in interest in PPC for the first time. French company was planning to enter the Greek power utility as […]

ELPE and Rosneft signed Memorandum of Cooperation – Greece, 27 May 2016

During the meeting of Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin in Athens, oil refinery Hellenic Petroleum (ELPE) and Russian oil company Rosneft have signed a Memorandum of Cooperation, according to which ELPE will purchase oil from Rosneft, which, in turn, will then buy ELPE’s petroleum products. According to the Memorandum, the […]

PPC considers excluding production facilities from partnerships – Greece, 27 May 2016

According to the agreement with the country’s creditors, Greek state-owned Public Power Corporation (PPC) is obliged to enter a series of partnerships with private companies in order to reduce the company’s market share. But PPC’s management currently considers to exclude any production facilities from such partnerships and limit them to trade and supply activities only. […]