The communication show at Megaron Maximos, the extension (?) for POS, is PPC moving or not and half a billion for HELLENiQ ENERGY – Economic Postman – 2024-03-01 13:03:20

I don’t know if today the Minister of Development will be giving chocolates to the … cabinet – not of course for his celebration, it’s still late – but surely there will be plenty of smiles!

The price lists

The reason is simple. He is going to present, among other things, the first results from the implementation of the measures to limit accuracy, as they emerge from the price lists that have been notified to the General Secretariat of Commerce.

For this reason…

And as all the information states, the messages are optimistic. I also informed you about this yesterday. In fact, I have reasonable suspicions that the meeting of the cabinet is being held for this very reason, regardless of the set of issues to be discussed.

Mr. Kyriakos Mitsotakis

Given that it is presumed that the meetings of the cabinet are held on Mondays and exceptionally on Tuesdays – Thursdays are not usual. But Friday is March 1st and the measures of the Ministry of Development are put into full effect to be precise. And so the Prime Minister Mr. Kyriakos Mitsotakis will find the opportunity to make … cheerful statements about the … “cracking” of accuracy – as you understand, the communication counterattack of the Maximos Palace begins with “positive facts”.

And Mr. Kostas Skrekas

And maybe later today or Friday Mr. Skrekas will make similar statements to enjoy his success! Not to forget, the Minister of State Mr. Akis Skertsos is also happy, who from the Maximos Palace system exercised “high supervision” – due to past experience – to Mr. Skrekas. Human manifestations….

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Betrayed!

Meanwhile – you will have been informed – the Minister of National Economy and Finance Mr. Kostis Hatzidakis could not stand it. His gall betrayed him. He underwent emergency and successful surgery. I wish him well and away from … POS! Because apparently his… body can’t stand them! They crushed him!

Extension

And it’s not just that every other day – as the saying goes – he makes statements about the interconnection of POS with cash registers. And for the importance of the project. The day before yesterday, a letter from the president of KEEE, Mr. Yannis Masoutis, arrived and gave him the gratuitous shot. He was asking for a six-month extension. He couldn’t stand it….

Maybe 30 days!

But because Mr. Hatzidakis is a great soul and understands the problems of the market, he is going to – so they tell me – give an extension, but not six months and not more than 30 days all at once. If needed, he can give even more! In any case, iron!

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Is PPC moving or not?

PPC is growing both financially and in activities.

And the offices where she is housed do not fit her. Given that those on Aristidou Street are also in the renovation phase.

So a lot is written and said from time to time about her move.

One of the last scenarios that was written is the move of all its administrative services to the once historic DOL building.

However, there is room for about 200 people.

And what is true is that some trade and trading activities will temporarily move.

The new headquarters

However, all the central services of the public company will gather at the property of the former Michail Plessa camp on Mesogeion Street.

It is a property with an area of ​​over 18,000 sq.m. and has been leased with a 50-year contract and a five-story bioclimatic building will be built there.

But, as a PPC source told me, he has a long way to go. The project will definitely take four years to complete…

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Financial results

More and more listed companies are gradually moving forward to announce their annual financial results for 2023.

And for several of them, especially from the energy and minerals sectors, lower profits are expected.

The energy crisis of 2022 boosted their profitability but now in 2023 normality has returned and now their real performance will be seen.

Η HELLENiQ ENERGY

HELLENiQ ENERGY is also expected to publish its results today,

Its profits are estimated by the market at just over half a billion euros.

The figures will be lower than in 2022, when the energy crisis “hit” Europe, but strengthened the sector.

The analysts of Eurobank Equities estimate a net profit of 546 million euros, reduced by 39%.

Axia, for its part, estimates them at 532 million euros for the whole year (against 1.016 billion euros in 2022).

The reaction of the market will also be of interest