Greek companies sell assets to meet debt obligations
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.
Below is a list of company asset sales:
** White goods seller FG Europe SA sold 51 percent of its subsidiary in Italy. ** Medical Services Clinic Iaso sold its unit Iaso General. ** Unibios is looking to sell a property in central Greece, Magnesia. ** Dionic sold its stake in Greece's e-shop platform Skroutz and in a renewable energy company. ** Construction company Elviemek sold its photovoltaic unit. ** Audio Visual Enterprises sold its unit "On Production" pulling out of the TV show production business. ** Pasal Development transferred assets to creditors. ** Altec Holdings said would sell its unit Unisoft this year. (Reporting by Stratos Karakasidis; Editing by Mark Potter)
