The Hellenic Aerospace Industry confirmed the timeless strategy of extroversion and cooperation with foreign companies in the fields of research and development of new technologies by actively participating in the…
Greece is among the first preferences of the major European markets in terms of tourist destination, despite the fact that most Europeans have stated that they prefer short trips of…
With 20 years of experience and know-how, Korinthian Foods has developed into the largest regional Greek catering company, recording a successful course of steady growth and success in the industry.…
The creation of a second network by PPC, competitive to that of OTE, if this eventually proceeds, under certain conditions, will enhance competition and lead to differentiating market shares. Based…
”Growth cannot exist without healthy entrepreneurship nor can the country move forward. Therefore, the basic and main direction of our government is to support and promote healthy entrepreneurship,” Development Minister,…
A new regional imbalance is manifested in Greece, with economic activity and employment recovering only in the Attica region, while the rest of the regions are still lagging behind. In…
Tsakos Energy Navigation (TEN) plans to invest 2 billion dollars to deliver on its commitment to a 100% green fleet by 2030, Dr. Nikos Tsakos, founder and CEO of Tsakos…
The Information Society announced the “Commercial Vehicle and Container Monitoring System” project, with a total budget of 108.898 million euros (including VAT). The contract includes the implementation, for the Independent…
Trastor REIC aims to invest 100 million euros for the acquisition of new properties in 2024, while considering its expansion in the tourism sector (hotels) and in the market of…
The project of the “Vertical Corridor” is in full progress in order to allow the transit of gas from Greece, as a “gateway”, to Central Europe and Ukraine. DESFA, the…
The positive “momentum” recorded in the first quarter of 2024 will continue in the rest of the year, Helleniq Energy’s CEO, Andreas Shiamishis, said during the presentation of the financial…
A full range of mechanisms is used by the Hellenic Loan Servicers Association (EEDADP) in order to manage debts totaling more than 90 billion euros involving 2,271,548 debtors. Of these…
Aegean Airlines is investing in the enhanced summer program, which started earlier this year, both in the international network and in the domestic network, for the summer season of 2024.…
The new joint ministerial decision signed by Health Minister, Adonis Georgiadis, and the Deputy Minister of Finance, Athanasios Petralias, includes the strengthening of the pharmaceutical expenditure with an additional amount…
June is a critical month for the 2025 budget, but mainly for the new 4-year medium-term Fiscal Structural Plan that Greece, like the other member states, will submit to the…
Greece has a rather concentrated banking market, Bank of Greece Deputy Director Christina Papakonstantinou said in a recent interview to the SSM newsletter. However, she added that fintech companies and…
Eurobank aims to distribute a dividend of just over 9 cents per share (30% of its profits) for 2023, all in cash without repurchasing shares, CEO Fokion Karavias said during…
Minister of National Economy and Finance Kostis Hatzidakis is in favor of the Green Deal and the green transition, but stressed the need for financial support during the Brussels Economic…
Alpha Bank will distribute 1.1 billion euros until 2026 in the form of a dividend but also through a buyback to its shareholders. For 2023, the bank is aiming to…
Maritime research consultancy Drewry highlighted that falling LNG prices in 2023 and forecasts of low prices until 2028 will boost demand for LNG tankers, while at the same time, it…
While the political leadership of Europe, as can be seen from Macron’s statements, envisages larger pan-European banking schemes, the banking supervisors seem to have started discussing ways to supervise these…
Aggeliki Fragou’s company, which closed the first quarter of 2024 with revenues of 318.6 million dollars and profits of 73.4 million dollars, has been on a sales spree over the…
How close or far are we to weaning off fossil fuels? What are the available technologies? What is considered practical and viable? What is likely and what is unlikely to…
Celestyal signed a Memorandum of Cooperation with the Department of Culture and Tourism of Abu Dhabi (DCT Abu Dhabi) and the AD Ports group. The agreement, signed as part of…
Stergios Panagiotakis, CEO of Cyberlogic, in an interview with “Naftemporiki TV” presented the activities and prospects of the company as well as Silicon Crete, a new initiative to promote and…
The Posidonia exhibition will take place at the Athens Metropolitan Expo, from June 3 to June 7. The exhibition, which takes place every two years, has been since 1965 the…
The Greek economy will continue to grow at higher rates than the eurozone average in 2024 and in 2025. Exports, investments and private consumption are expected to contribute to the…
Greek shipping has always been a pioneer in exploiting technological developments and innovation. Therefore, it could not remain unaffected by the revolution of digital transformation and artificial intelligence. So how…
The prices in major supermarket chains remained almost unchanged in April 2024, compared to the same period in 2023, according to a survey conducted by the Institute of Retail Consumer…
The issues that concern shipowners such as the new measures for greenhouse gas emissions, the regulatory framework, the new constructions and the trends in the international shipping markets were raised…
With the experience of 54 years of activity in Greek shipping, Giorgos Prokopiou, founder of the companies Dynacom Tankers, Sea Traders and Dynagas, spoke from the podium of the 8th…
The need to strengthen maritime education, as well as to attract more young people to the maritime profession was underlined by Captain Panagiotis Tsakos, during his speech at the 8th…
The contribution of Greek shipping to the development of the country as well as the prospects and the challenges of the sector were highlighted by John Xylas, treasurer of the…
The Minister of Maritime Affairs and Insular Policy Christos Stylianidis opened the proceedings of the 8th Naftemporiki Conference entitled “The critical decisions”, presenting the important challenges facing global shipping as…
Naftemporiki’s interrelated course with Greek shipping and its timeless presence in the news “front line” was underlined by the General Manager Spyros Ktenas during his speech at the 8th Naftemporiki…
The European Bank for Reconstruction and Development (EBRD) sees the Greek economy as resilient, estimating that it will continue to outperform the rest of the eurozone both in 2024 and…
Minister of Maritime Affairs and Insular Policy Christos Stylianidis outlined in an interview with “Naftemporiki” three plus one principles for reaching an agreement at the level of the International Maritime…
The capitalization of Greek shipping companies listed on the US stock market has skyrocketed over the last months and the 1 billion “club” continues to grow, while soon we may…
“Critical decisions” is the title of the 8th Naftemporiki Conference which will take place on Wednesday, May 15, at the Stone Warehouse of the Piraeus Port Authority (PPA). “Naftemporiki” will…
The financial results of 2023, the strategy and the prospects of the AVAX Group were presented by the management to representatives of stock companies and institutional investors. According to the…
The president and CEO of MYTILINEOS, Evangelos Mytilineos, took part in the proceedings of the Circle of Ideas Conference. He focused on the causes that led to the economic crisis…
Modern ultramaxes are currently the most appealing type of bulk carrier, based on the latest deals, in which the Greek shipowners dominate. According to data from domestic shipping companies, a…
Cenergy Holdings announced a new contract for Corinth Pipeworks, its steel pipe segment, for steel pipes with CO2 reduction certificates. Subsea7, one of its long-term customers, opted to take advantage…
The group’s consolidated revenues increased by 9.2% to 877.6 million euros, due to strong performance in Greece. Adjusted EBITDA rose 1.2% to 326.0 million euros, with a margin of 37.1%.…
Alphaliner pointed out in its analysis the dynamics of independent shipping companies managing containerships, mainly from Greece and Asia, although liner shipping companies are reducing their dependence on ship charters.…
A total of 277,000 self-employed and professionals have already added the IRIS system to the payments to their customers, while the National Economy and Finance Ministry is planning to extend…
Inflation stood at 3.1% in April, according to the Hellenic Statistical Authority (ELSTAT). Double-digit growth rates continued to be recorded in April for olive oil, fruit and fish. However, the…
The average price of the basket in online consumer shopping during Easter reached 63 euros, up 7.95% compared to the corresponding period last year, according to Skroutz data. Based on…
Prodea Investments places an emphasis on the hotel industry, with the further development of its existing properties as well as new acquisitions. After the acquisition of 55% of Mediterranean Hospitality…
Following a new order for two state-of-the-art LR2 tankers, Aegean Shipping Management and COSCO seal a relationship of trust, which has been built step by step, for a decade. Aegean…
