Tag Archives: DEH

Greece’s Public Power Corporation (PPC) on Tuesday announced a new service for the charging of electric cars at public PPC blue chargers and at home. This is the bluePass service, which combines charging at PPC blue public chargers with charging at home for a fixed monthly fee. Specifically, with the …

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Greece’s Public Power Corporation (PPC/DEH) announced on Friday the acquisition of electronics retail company Kotsovolos for 200 million euros. The PPC noted, among others, that the acquisition of Kotsovolos will bring savings of approximately 100 million euros which, according to the investment plan, was intended for the creation of a …

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Greece’s Public Power Corporation is expected to complete a share capital increase plan worth around 750 million euros by early November, following a decision reached by its board on Thursday. At the same, time, it looks as if the state participation will decrease by 17%. Final approval to the plan …

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Greece’s Public Power Corporation PPC/DEH is proceeding with discounts in order to help businesses and private persons suffering from the economic effects of the coronavirus outbreak. Starting on Thursday, March 26, 2020, and for the next three months, the PPC offers: cancels the fixed charges for low-voltage customers category Γ1 …

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The new leadership of Greece’s Public Power Company (PPC/DEH) has revealed a rescue plant worth 500 million euros in order to rescue the loss-making electricity utility. The plan includes rate hikes and cuts in the bonus discounts. Guess who will rescue the PPC. The Greek people, of course. The proposal …

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Shares of Greece’s Public Power Corporation PPC plunged and recorded losses of -17.32 with the stock price at 1.728 at the end of Athens Stock Exchange session on Thursday’s following media reports about the tragic economic situation of the company. Greek PPC is reportedly looking for 300 million euros in …

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Public Power Corporation (PPC), Greece’s main electricity utility, has recorded heavy losses last year and its own auditor warned about the firm’s sustainability. Experts say painful decisions may be required, including rate hikes and asset sales. PPC recorded after tax losses of 542 million euros (607 million U.S. dollars), according …

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Thousands of households across Greece see technical teams of public power supplier PPC to disconnect the electricity supply on daily basis. Electricity disconnections to households and businesses due to debts to power suppliers have increased by 313% in the last three years. The official data of the Regulatory Authority for …

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Public Power Corporation (PPC) stands to gain roughly 300 million euros from the measures for a special renewable energy sources account. This will create significant room in terms of pricing policy and put an end to any discussion of rate hikes for electricity, Environment and Energy Minister George Stathakis said …

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Stocks of Greece Public’s Power Corporation (PPC/DEH) have been targeted by traders in Athens Stock Exchange of Monday, after a report of McKinsey consulting group described PPC as “unsustainable” and warned of “tough conditions the banks want in order to refinance the company’s loans.” PPC shares had recorded losses of …

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Many customers of Greece’s Public Power Corporation (PPC/DEH) found themselves to be debtors to PPC/DEH although they had paid their bills on time. Not only have they missed the 15% discount for payment in time, they also saw their electricity bills charged with interest fees. And some are at risk …

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The powerful workers union GENOP-PEH at Greece’s Public Power Corporation (PPC) have announced to launch rolling 48-hour strikes that will start as of 00:01 Monday, April 23rd 2018. The union will launch also a 3-hour work stoppage on Friday, Apr 20, and a protest outside the PPC headquarters in downtown …

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It needed the media intervention for Greece’s Public Power Corporation to show a humane face. An exclusive report of local media Lamianow on Friday afternoon was reproduced by hundreds of local and national media, news websites and blogs and exposed the merciless power supply cut to a poor household thus …

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Outstanding debts? No settlement? Poverty? Sickness? Greek Public Power Company knows no mercy.  The public company sent a crew and cut the power supply to a couple that has been living under the poverty line and furthermore the man has been suffering from Chronic Obstructive Pulmonary Disease (COPD), a lung …

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The market test for the sale of the Public Power Corporation’s (PPC) lignite fired power plants has been completed “with absolute success,” the environment and energy ministry announced on Sunday. Fifteen investors expressed interest in acquiring at least one of the plants up for sale (in Florina and Megalopolis), the …

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Ignorance? Want? Ugly, mean and greedy little creatures? That was in mid-Victorian England and in Charles Dickens’ A Christmas Carol.  In the novel that has touched millions people ever since it was first published in 1843, ‘the two emaciated children” grow up to be adults, Ignorance as adult man in …

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Thousands of Greek households will spend Christmas holidays in the darkness. Greece’s Public Power Corporation (PPC/DEH) plans to proceed to power cuts to 35,000 private and commercial subscribers by the end of the year due to unpaid electricity bills. The plan foresees 2,000 power cuts per day until the end …

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Greece’s Public Power Company (PPC/DEH) is ready to sell 500,000 of its customers and is awaiting for the necessary legislative arrangements by the government. The PPC management has already prepared a portfolio with the subscribers’ numbers of low- and medium-voltage users. However, several legal issues are open with regards to …

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Greece’s Public Power Company hired an artistic director for its choir. It sounds like a bad musical the moment the PPC announced to retrieve retrospectively €735 million euros from electricity consumers as  outstanding debt have reached 2.2 billion euros. In a job opening that run from March 24 to April …

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As if we did not have enough financial burdens, Greek Public Power Company increases charges on electricity bills and demands the payment of additional 735 million euros by millions of electricity consumers. “It is a small, temporary contribution,” Greek PPC said in a statement responding to the outcry. Greeks know …

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