ANNOUNCEMENT
The National Competition Authority permits the formation of a JV between PPC and Halyvourgiki
The National Competition Authority reached a decision on May 29th, 2009, that permits the formation of a joint venture between Halyvourgiki S.A. (with a 51% stake) and PPC S.A (with a 49% stake).
The joint venture will proceed with the construction and operation of a power generation plant.
Athens 2 June 2009