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ETAD Restructuring: Asset Sales & Major Projects Launched
Greece's ETAD is restructuring by mid-year, grouping ~1000 properties into subsidiaries for faster sale, while simultaneously launching five major projects and showing improved 2024 financials (€68.8 million turnover, €25 million EBITDA), despite an €800 million dispute with Attiki Helios Hotel.
ETAD Restructuring: Asset Sales & Major Projects Launched
Greece's ETAD is restructuring by mid-year, grouping ~1000 properties into subsidiaries for faster sale, while simultaneously launching five major projects and showing improved 2024 financials (€68.8 million turnover, €25 million EBITDA), despite an €800 million dispute with Attiki Helios Hotel.
Progress
24% Bias Score
Decent Work and Economic Growth