Ministry fines oil companies with 47,500 euros

Greece’s Environment, Energy and Climate Change ministry on Tuesday announced a decision to fine EKO, Avin and Motor Oil’s refinery with 47,500 euros for implementing investment projects without ensuring the necessary licenses first.
A ministry announcement said it fine EKO with 23,902 euros, Motor Oil with 12,489 euros and Avin with 11,197 euros.

Bussiness Briefs

- Α greater consolidation in the domestic banking system could - under the right precondition, planning and execution - offers significant synergies and benefits shareholders, customers and the Greek economy in general, Eurobank chief executive Nikolaos Nanopoulos said on Tuesday.

- A Kiriakoulis SA general shareholders’ meeting on Tuesday approved a board plan to skip a dividend payment for 2010. The shareholders meeting also approved a guarantee offered to its subsidiary in Italy Kiriakoulis Italia Srl for bond loan worth 3,764,922 euros with Agrileasing Credit.

Εγγραφείτε στο newsletter μας

Ενημερωθείτε πρώτοι για τα τελευταία νέα, αποκλειστικά ρεπορταζ και ειδήσεις απο όλο τον κόσμο