ECONOMY

Greece’s Aktor signs lease for Florina lignite mine

Aktor, a subsidiary of Athens-listed company Ellaktor SA, announced on Wednesday the signing an agreement for the lease of a lignite mine in the Florina region of northwestern Greece.

The contract provides for the extraction of 120 million tons of lignite and will bring above 150 million euros of net profits for the Greek state in the first 15 years.

[Reuters]