Coral A.E., a wholly owned subsidiary of Motor Oil (Hellas) Corinth Refineries S.A., recently completed its acquisition of all shares of Lukoil Cyprus Limited.

Eva Cederbalk has been elected as a non-executive director of The National Bank of Greece SA.

Jelena Pavlovic, Philip Morris' general manager for Southeastern Europe, recently said that while the tobacco company is working on creating and selling alternative tobacco products, production business for traditional cigarettes is booming in Serbia.

The National Bank of Greece (NBG) has signed a deal with the Belgian KBC Bank (KBC Group) to sell 99.91 percent of United Bulgarian Bank AD (UBB) and 100 percent of its subsidiary, Interlease EAD

Anticipating the future is always difficult, but more so when dealing with the economy and politics, Gergk Kremer, chief economist at Commerzbank, said.

The Greek Defense Ministry announced yesterday that a new special payroll for armed forces, set to be voted on within the coming months, does not freeze wage increases, and will result in no loss of pay to active and retired members of the military.

KPMG has promoted two within its company due to continued growth in the firm.

More than 40 percent of audit committee members stated their risk-management programs and procedures require substantial work, a recent report by KPMG’s Audit Committee Institute (ACI) found.

Cyber criminals will become more sophisticated this year, taking the threat to a higher level.

The professional services firm was cited for its cutting-edge work in cloud-based HR solutions.