Refiner Hellenic Petroleum (HELPE) has no plans to list its marketing subsidiary Eko-Elda on the stock market, a spokesman said yesterday, denying a newspaper report of a flotation. “There are no plans (for a listing) and, of course, no decision has been made,” he said. Newspaper To Vima in its Sunday edition said the refiner was considering listing its marketing unit on the Athens Stock Exchange, aiming to raise between 25 to 40 million euros to fund its expansion into the Balkans and in Greece. Citing unnamed sources, the paper said the refiner may apply to bourse authorities for a listing this year. Analysts said Eko-Elda has a 23 percent share of the domestic market, with a network of about 1,370 gas stations in Greece, the third largest in the country. It also owns 160 gas stations mainly in the Balkans.