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Motor Oil Reduces Initial Half Loss

Motor Oil, the second largest oil refinery in Greece, reduced its initial half loss, which was assisted by decreased oil inventory taxes and deficits.

  • Published in Economy

Oil Generates 350 Million Euros in Bond Sale

Motor Oil said it has raised 350 million euros from the sale of a five-year Senior Note issue with the interest rate set at 5.125 pct. The company said the sum raised was 50 million euros more than the sum requested.

  • Published in Greece
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