A landmark year in the history of Star Bulk Carriers was 2023, when the shipping company, led by Petros Pappas, achieved the deal of the year with the absorption of…
The absorption of the Recovery Fund resources will remain the major support of the Greek economy in the next two years, according to UBS. The Swiss investment bank remains quite…
Motor Oil analyzed the group’s strategy until 2030, noting that its goal is that its activities in the electricity and circular economy sectors will increase in scale and financial performance…
The return of Donald Trump to the White House is expected to have significant repercussions in the technology sector, starting with an increase in the prices of electronic devices, due…
Intrakat, now Aktor, has turned the page with the approval of the share capital increase of 200 million euros, which will finance acquisitions and investments in the Group’s sectors of…
Economy and Finance Minister Kostis Hatzidakis tabled the draft budget for 2025 in Parliament. Together with the draft budget, the minister also submitted the report on tax expenditures, the reports…
Amazon has announced its investment in three new large-scale wind farms in Greece, the company’s largest renewable energy initiative in the country so far. The farms will help meet Amazon’s…
The new regulatory framework, European and Greek, the need for businesses to redesign processes and products and commit to a future where environmental priorities are balanced with the necessary development…
DBRS is signaling a possible upgrade of Greece’s four systemic banks, following the faster-than-expected amortization of deferred taxes (DTC). Deferred taxes are included in Greek banks’ capital, but are considered…
The reactions of the 27 Greek shipping companies listed on US markets to the victory of Donald Trump were mixed. According to a survey by “N”, the general trend of…
The heads of systemic banks who participated in the discussion on “The new era for Greek banks”, which was organized by the Bloomberg news agency, were particularly optimistic about the…
Reds, a subsidiary of Ellaktor, purchased a real estate portfolio, in order to generate revenue. More specifically, Reds is purchasing Athens Properties BV, owner of 10 properties, independent buildings in…
The implementation of OTE Group’s investment plan, which will cover 2/3 of the country with Fiber To The Home (FTTH) by 2027, the need to stimulate the penetration of this…
Payments in Greece are on a path of dynamic transformation, with digital payments and e-commerce steadily gaining ground in recent years. The recent legislative arrangements for the establishment of direct…
A decisive factor in attracting strategic investments in tourism is the credibility of the government’s announcements for the creation of a friendly investment climate, with spatial planning being one of…
The sector of shipyards creates important economic prospects for the Greek economy, the president and CEO of ONEX Group and president of the Hellenic Shipyards Association, Panos Xenokostas, said at…
A mild deterioration of the economic climate was recorded in October, due to a decline in industry, according to a survey by the Institute for Economic and Industrial Research (IOBE).…
Greece is going to proceed with an early repayment of an another 5 billion euros in 2025, which it had borrowed in the context of the first memorandum, Prime Minister…
The executives of the telecommunications providers, OTE, Vodafone and Nova, expect a significant increase in the penetration of the optical fiber service to homes and businesses (FTTH), even doubling in…
It is now only a matter of time before the European Stability Mechanism (ESM) gives the green light for the utilization of the “hard core” of cash reserves, amounting to…
High primary surpluses, lower deficits and debt, restraint of public expenditure but also interventions amounting to 1.1 billion euros will be included in the final draft of the 2025 Budget…
EcoLog, owned by Peter Livanos, signed two landmark agreements for the transport of green hydrogen and liquefied carbon dioxide between Norway and the Netherlands. The two agreements were signed with…
More and more Greeks live in the digital world every day, especially the citizens of the countryside and the older ones, but this fact has increased the anxiety about cybercrime…
2024 will end with an impressive economic performance including an almost balanced budget, as the deficit, based on the latest estimates of the economic staff, is expected to fall below…
About 550 apartments will be available for sale in Ellinikon in 2025 by Lamda Development, which is in negotiations with banks for the financing of the two new shopping centers…
Safe Bulkers’ nine-month revenue stood at 236.1 million dollars, up 34 million compared to the same period in 2023. The US-listed company registered revenue of 70.5 million dollars in the…
Greece is expected to continue registering growth rates above 2% until 2026, return to high primary surpluses close to 3% in the years 2024-2025, reduce unemployment at a slower rate…
In 2027 and 2028, the public and private funds that will be required for the “greening” of coastal shipping and the development of port infrastructure are expected to rise to…
TIF-HELEXPO signed a memorandum of cooperation with the organization Hermes Expo International as part of the strategy for international networking and expanding the extroversion of Greek businesses. The memorandum was…
PPA S.A. participated in the 7th China International Import Exhibition (7th CIIE) in Shanghai, from November 5 to November 10, highlighting the strategic importance of the port of Piraeus in…
Greece ranks last in the OECD list due to the “volume” of overdue debts to the tax authorities. The problem became worse during the economic crisis and remains extremely acute,…
The president and CEO of ALUMIL George Mylonas had contacts with the biggest developers and construction companies in Canada. More specifically, he had meetings with companies that he has strategically…
Helleniq Energy Holdings SA announced its consolidated financial results for the third quarter, with Adjusted EBITDA amounting to 183 million euros and Adjusted Net Income to 49 million euros, while…
Aegean Airlines announced its consolidated net revenue rose 4% to 1.38 billion euros in the first nine months of 2024, compared to the same period in 2023. The company offered…
2024 is a year of mixed signs for Greek tourism, according to the President of the Hellenic Hoteliers Federation, Yannis Hatzis, while revenues have not yet exceeded in real terms…
OTE announced strong performance in the third quarter of 2024, with an increase in revenue and adjusted EBITDA (AL) at Group level. According to the company’s announcement, consolidated revenues at…
Real estate sales in Ellinikon brought an 82.8% revenue increase to Lamda Development, based on the 9-month results announced by the company’s management. In particular, the consolidated revenues amounted to…
The 1.3 million beneficiaries of the heating allowance have to submit an application on the platform of the Independent Authority for Public Revenue (AADE) until December 6. They will receive…
Corinth Pipeworks, the steel pipe division of Cenergy Holdings, is moving forward with a series of strategic investments that will strengthen its capacity and boost its production capabilities for the…
Euribor fell below 2.5%, for the first time since September 2022, offering some optimism to loan holders. Euribor, the benchmark for most floating-rate mortgages, fell to 2.495%, breaking the 2.5%…
An entire fleet, which the largest registries in the world could envy, is currently being built by Greek shipowners. At the end of October 2024, Newsfront/Naftiliaki had confirmed 552 orders…
Posidonia Exhibitions SA announced the results of the Event Sustainability Report for Posidonia 2024, certifying the long-term commitment to organizing environmentally sustainable exhibitions with a positive impact on society and…
PPC announced an increase in investments to 1.6 billion euros in the nine-month period from 800 million last year, an increase in turnover to 6.6 billion euros from 5.5 billion…
The Minister of National Economy and Finance, Kostis Hatzidakis, spoke at the 8th Annual Economic Conference of the Hellenic Business Association. “In recent years, the myth has been cultivated in…
The reports on the Greek economy from Fitch and Scope Ratings in November and December respectively will end the spiral of 2024 credit ratings. On November 22, Fitch is expected…
2023 marked a strong year in financial performance for Okeanis Eco Tankers, while significant steps were taken in promoting environmental policy and crew safety in the wake of geopolitical developments.…
Johnson & Johnson Innovative Medicine maintains a leading position in the Greek market since 1973 with 83 innovative pharmaceutical products, promotes innovation, invests in development and aims to improve the…
The 39th International Tourism and Hotel Equipment Exhibition PHILOXENIA HOTELIA will open its gates on November 14, at the Thessaloniki International Exhibition Center, with more foreign participations – three of…
Time is running out for the announcement of new Information and Communications Technology (ICT) projects with resources from the Recovery Fund. It is noted that the Information Society has undertaken…
“The result of the US elections marks a new era for transatlantic relations, offering possibilities for strengthening cooperation between the US, Europe and Greece, in an environment of common challenges…
