Factbox: Greek companies sell assets to meet debt obligations

Premia Real Estate Investment SA

12/10/2018 10:57

Oct 12 (Reuters) - Greek companies are selling some of their
assets to boost liquidity and settle obligations with banks.
    Greek banks are reeling under the pressure of non-performing
loans, which restrict their ability to expand credit and help
the economy's recovery.  urn:newsml:reuters.com:*:nL8N1WK3YQ
    Below is a list of company asset sales:
    
   ** White goods seller FG Europe SA  ESKr.AT  sold 51 percent
of its subsidiary in Italy. 
   ** Medical Services Clinic Iaso  IASr.AT  sold its unit Iaso
General. 
   ** Unibios  VILr.AT  is looking to sell a property in central
Greece, Magnesia.
   ** Dionic  DIOr.AT  sold its stake in Greece's e-shop
platform Skroutz and in a renewable energy company. 
   ** Construction company Elviemek  LVEr.AT  sold its
photovoltaic unit.
   ** Audio Visual Enterprises  ADVr.AT  sold its unit "On
Production" pulling out of the TV show production business.
   ** Pasal Development  PASr.AT  transferred assets to
creditors.
   ** Altec Holdings  AICr.AT  said would sell its unit Unisoft
this year. 

 (Reporting by Stratos Karakasidis; Editing by Mark Potter)
 ((Stratos.Karakasidis@thomsonreuters.com; +48 58 772 10 08;))