ENERGY

Talking about the measure for lower-cost electricity, he described it as an important intervention that ensures the predictability of a significant cost factor for many farmers.

The company already has the required capitalization for listing on the London Large Cap index, says Ev. Mytilineos. What he said about the investment program, the dividend and the bond issue.

PPC now has mature renewable energy projects, unlike in the past, and the networks from Romania will contribute almost 20% of operating profits. Two hundred investors in London for the new business plan.

From a family business, today MYTILINEOS is a modern multinational company, with a presence in 40 countries and five continents and with around 5,500 employees, said Ev. Mytilineos.

Under the scheme of 150 million euros, the aid will take form of direct grants and will be channelled through electricity suppliers in the form of electricity bill reductions.

Dpt Environment and Energy Minister Al. Sdoukou said he new lignite unit in Ptolemaida V is in operation, while the commerical operation of the new floating LNG station in Alexandroupolis will be able very soon to guarantee the natural gas reserves.

This is the company's fourth acquisition in the energy sector since the beginning of the year and the transaction will be completed subject to regulatory approval.

Galli said that DESFA has started a survey on supply safety for next winter and noted that things stand in a better position than last year as natural gas deposits in Europe are full. She noted that prices will depend on temperatures.

The top five players in the industry are: Terna Energy (930 MW or 18.9% market share), MORE (706MW or 14.3%), Iberdrola Rokas (409MW or 8.3%), ENEL Green Power (368MW or 7.5%) and EREN (250MW or 5.1%).

The power cables will be laid in sea regions up of to 3,000 m deep, making the interconnector the longest undersea electric link in the world, and will signal the end of Cyprus's electric isolation.