ANESTIS DOKAS

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Japan Tobacco, the world’s second biggest multinational in the sector, is the new owner of Greek tobacco company SEKAP, after the $1.6 billion deal Russian-Greek entrepreneur Ivan Savvidis reached with the 33 percent state-owned Japanese firm for the sale of Donskoy Tabak, which bought SEKAP in 2013.


ARCHIVE
04.03.2018 / 21:20

Investment interest in the Greek stock market appears to be experiencing a revival after a long time, with the prestige of the local bourse having taken a hard knock from the 1999 bubble and the continuing financial crisis.



23.02.2018 / 21:48

The deterioration of Greece’s country risk, recently reflected in the increase in sovereign bond yields after the issue of the seven-year bond on February 9, has also had a negative impact on Greek corporate bonds on the platform of the Athens Exchange.


20.02.2018 / 22:15

The Greek bonds market has deteriorated further this week following the Eurogroup’s decision to postpone the payout of the 5.7-billion-euro bailout tranche to Greece and the disagreement between Finance Minister Euclid Tsakalotos and European Central Bank President Mario Draghi.



05.02.2018 / 21:50

The Athens bourse looks set to see a revival of trading in corporate bonds for the next couple of months at least. Kathimerini understands that four new bulletins were submitted to the Capital Markets Commission last week, with the aim of raising a minimum of 100 million euros in total.


29.01.2018 / 22:35

The Greek state is soon set to test the money markets for the first time this year through a seven-year bond issue, expected in the next couple of weeks, with the aim of raising 3 billion euros.



29.12.2017 / 10:27

The likely bankruptcy of tobacco company SEKAP is to be decided at the administrative court of Komotini, northeastern Greece, at noon on Friday, following the company’s decision on Thursday to stop paying its dues if the verdict does not go its way.