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Sklavenitis

Greece's Biggest Supermarket Chain, Marinopoulos, Risks Default

Greece's biggest supermarket chain, Marinopoulos, is currently undergoing restructuring in a inopportune time, as there appears to be a growing friction between suppliers and creditor banks. Suppliers, who are owed a large sum between the banks have been pressing for debt payments...

Two Large Greek Companies Pay Employees in Cash

Two large Greek companies have decided to pay their employees in cash now that banks are closed and capital controls are imposed. The Sklavenitis super market chain was the first to take the initiative. A company announcement stated that the...

The Greek Companies That Resist Crisis

Despite the dire economic conditions prevailing in the country, some Greek companies were able to withstand the crisis and maintain or even increase their profit. ICAP Group presented the 500 most profitable companies in Greece, based on their published accounts...

Supermarkets in Greece Predict Price War

The supermarket sector in Greece is expecting to see some bad days in the future. Some supermarket chains predict that a price war will take place in the next few months, creating a difficult situation for the companies, which...