Turkish Subsidiary
Business
Greek Public Power Corporation Launches Subsidiary in Turkey
Greece’s Public Power Corporation (PPC) will launch a subsidiary company in Turkey. The new company will trade in electrical energy and will have a share capital of 2 million Turkish liras (about 686,000 euros).
According to a PPC announcement on...
Economy
EFG Eurobank To Sell Turkish Subsidiary To Kuwait’s Burgan Bank
Turkish group Eurobank Tekfen, a partnership of Greek lender EFG Eurobank and Turkish company Tekfen, said the process of selling a 70 percent stake in the bank was continuing, Milliyet newspaper reported on Thursday.
Eurobank, Greece’s second-largest lender, said in...