The tourism and trade companies that have suffered a lot of damage will be the next champions.
The best days are ahead of us.
I hope you all have health and a good week.
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Saturday, May 15, 2021
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Friday, May 14, 2021
TERNA ENERGY Group: Annual Financial Results 2020
Group sales settled at 328.1 million Euros – edging higher by 9.7%
The adjusted operating profitability accounted for 198.8 million Euros – up by 12.1%
Earnings after minorities amounted to EUR 71.8 million – posting an increase by 39.3%
TERNA ENERGY Group posted an increase in turnover and profitability during the year 2020 compared to the corresponding period last year.
European Reliance General Insurance Company S.A. (EUPIC)-NET DEBT
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Thursday, May 13, 2021
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TERNA ENERGY: Commencement of construction works for the conversion of the 115th Combat Wing in Souda into a “green” installation
€ 3.5 million donation from TERNA ENERGY to the country’s Armed Forces
The project will be completed in 15 months
Average benefit of over € 400,000 for the Unit
The important donation of TERNA ENERGY to the country’s Armed Forces, which concerns the conversion of the airport of the 115th Combat Wing (CW) in Souda into a “green” installation, i.e. a Zero Carbon Footprint installation (Net Zero Carbon Emissions Airport) with parallel coverage of all needs for electricity, heating and cooling by 100% from Renewable Energy Sources (Net Zero Energy Airport).
After completing the required procedures and obtaining the necessary approvals, construction works will begin on the military airport facilities and are expected to be completed within 15 months.
The annual benefit of fully discharging the Unit from the cost of electricity supply and heating needs will exceed € 400,000.
It is worth noting that the military airport in Souda will be one of the first installations in the world to receive the certification “Net Zero Energy Airport”.
What does the donation includes
TERNA ENERGY will fully cover the cost of the studies, planning and construction of all required projects.
Specifically, the proposal of TERNA ENERGY provides:
The installation of a photovoltaic system for the production of electricity from Renewable Energy Sources
The installation of energy storage system with lithium ion batteries
“Smart” energy management system for the production and consumption of energy and for the plant facilities of the unit, so that its Administration can manage all energy needs in the most secure and efficient way
Interventions and upgrades to already installed systems, such as replacement of existing heating boilers with heat pumps, installation of solar water heaters, supply of electric tricycles for professional use, replacement of iodine type luminaires with new LED technology products and electrification of intra-airport transport, the selection of which as well as the scope of their application will be determined through the energy audit of the plant facilities and the final energy study of the project
Certification concerning the reduction of the Carbon Footprint of the Installation in accordance to the Green House Gas Protocol (GHGP) and ISO 14064
Certification of 115 Battle Wing as Net Zero Energy Military Airport
For the implementation of the necessary projects, TERNA ENERGY will work with the specialized company EASY POWER S.A., which has designed, studied and manufactured self / hybrid systems for power generation and distribution, produced by the sun – which has been awarded a patent by the OBI – but also the formation of a technology platform that can ensure certification of NET ZERO ENERGY, in existing or under construction building infrastructures or installations.
Upon project’s completion, TERNA ENERGY will undertake the training of the appropriate technical staff of the Air Force for the needs of operational administration, monitoring and maintenance of the entire system.
TERNA ENERGY is the largest investor in the RES sector in Greece and the biggest Greek company in the sector worldwide. With a strong portfolio of more than 1,800 MW in operation, under construction or ready for construction in Greece and abroad, TERNA ENERGY is steadily advancing to reach the 3,000 MW target of RES facilities by the year 2025.
Wednesday, May 12, 2021
JUMBO:2021 Financial Calendar
In the context of providing accurate and timely information to investors, according to the provisions of article 4.1.3.15 of the Athens Exchange Regulation, Jumbo S.A. (the Company) announces its financial calendar:
Date of announcement of the Annual Financial Results for the fiscal year 01.01.2020-31.12.2020: 14.04.2021 after the closure of the Athens Stock Exchange trading session to the website of the Company (www.e-jumbo.gr) and in particular to the webpage https://corporate.e-jumbo.gr/ as well as to the website of the Athens Stock Exchange (www.athexgroup.gr).
Date of the analysts’ annual information in respect of the financial results for the fiscal year 01.01.02020-31.12.2020: 15.04.2021.
Date of Annual General Meeting of Shareholders: 02.06.2021.The Board of Directors of the Company will suggest to the Annual General Meeting of Shareholders the non-distribution of any further dividend for the fiscal year 01.01.2020-31.12.2020. During the year 2020, the management of the company prepaid the dividend for the year 2020 of a total amount 0,615 EUR/ share in a form of an extraordinary cash distribution.
It is noted that for 2021, management intends to pay again in a form of an extraordinary cash distribution amount equal to the dividend for the 12-month fiscal year 2018/2019, ie a gross amount of 0,47 EUR/ share. The intention is that the cash distribution to be paid immediately after the three-month period of uninterrupted and smooth operation of the stores.
The Company reserves the right to amend the abovementioned dates. In such a case, it will promptly inform investors.
Tuesday, May 11, 2021
JUMBO:The health crisis has stood in the way of growth
With the outbreak of the health crisis, all the countries where the JUMBO Group operates took measures to limit the spread of Covid-19 affecting in this way the performance of the Group.
The turnover during the financial year 2020, for the JUMBO Group, amounted to EUR 694,03 million, reduced by -18,15% compared to the corresponding year 01.01.2019-31.12.2019, which was EUR 847.94 million.
Monday, May 10, 2021
European Reliance - Award Ceremony for the top Insurance Agents of 2020
The Company organized with great success the award ceremony for the top productive Insurance Agents for 2020, in a specially designed digital platform. The ceremony attended more than 1,200 Insurance Agents of the Company from all over Greece.
The coordinator of the event was Mr. George Gkotzageorgis, Director of the Marketing and Sales Network Department, who made the first greeting, congratulating the successful candidates who managed through the difficulties of the pandemic to complete with success their precious tasks.
Ms. Vasiliki Roussi, Commercial Director, greeted the participants and gave her warm greeting to the successful candidates. Ms. Roussi added that European Reliance is the only leader Greek insurance company that will continue to operate as a model for its organization, that is based exclusively on its Sales Network. She wished the successful candidates to achieve all their objectives in the future years, stating that European Reliance has the financial strength and the technological expertise to always stand by the side of the Insurance Intermediary.
Mr. Nikolaos Chalkiopoulos, Chairman of the Board of Directors and Chief Insurance Operation Officer, congratulated the successful candidates and the Sales Network, that brought to the Company at its best financial state since its first establishment. He added that the objectives were achieved, despite the contradictions of the pandemic and this is not only a great achievement but clearly shows the path for the future.
Mr. Stefanos Verzovitis, Vice-Chairman of the Board of Directors & Chief Financial Officer, closed the series of speeches. After congratulating the successful candidates, he referred to the notable behavior and personal responsibility that the Sales Network and the In-house personnel showed during the management of the pandemic. In the end of his speech, Mr. Verzovitis added that the great results, not only created record amounts of profit for the Company, but were the main cause for the increase of the Solvency Ratio, even in higher levels.
Right after the first speeches and greetings, the top Insurance Agents of 2020 were awarded. The Sales Directors, the Regional Directors and the Directors of the Retail Offices had the opportunity to distribute the awards to the successful candidates and congratulate them for the distinctions in the future.
The award winners expressed their gratitude for the overall support of the Company in every step of their effort, stating that this award is the step for new beginnings.
It is worth noting that during the intermission of these two parts of the ceremony, Mr. Nikos Morakis, Chief Editor of Morax Media, made a speech, under the title “Insurance Marketing Tools 2021 - The communication tools of the modern Insurance Agent”. In this presentation, Mr. Morakis, referred to the modern trends of Marketing and Communication in the Insurance Sector, the new digital tools and practices, that the Insurance Intermediaries may integrate in their daily communication with the public.
The ceremony ended with a speech by the Chief Executive Officer, Mr. Christos Georgakopoulos, who declared: “It is a high honor for the Management of the Company to distribute these awards to its Insurance Agents, since through this award the precious and unique work of the Insurance Intermediary is acknowledged. It is a precious work that all of us acknowledge in European Reliance. Warm congratulations to each one of you separately for the distinctions that you achieved and we remain certain that you will continue moving towards the same direction and with similar successful results”.
European Reliance will continue to stand by its Insurance Agents, providing modern training methods, precious digital tools and every strong effort, to facilitate their everyday task. The Company, proud for its Sales Network, will continue to have as top growth level for the promotion of its Operations, the Insurance Intermediary.
Sunday, May 9, 2021
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Saturday, May 8, 2021
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