Cruise companies have asked for the implementation of the extraordinary cruise fee per passenger from 2026 onwards, in order to avoid any unpleasant consequences in the specific industry. According to…
The hotel industry will not be able to make the qualitative “leap forward”, as international competition demands, due to economic suffocation, alternate professor of the University of Western Attica, president…
The plastic packaging industry is under pressure, according to recent data from ICAP. Two important factors contribute to this; the sector’s exposure to price changes and especially polyethylene, which is…
The Piraeus Port Authority (PPA S.A.) was awarded five top awards for its performance in the critical areas of environmental protection and regulatory compliance. According to the company, these recognitions…
Uber characterizes the tourist season in Greece as extremely successful this year, while pointing to an extension of the season. In Athens, tourist movements in the city increased by an…
Italgas is planning the utilization of the monitoring and operation technology applied to the natural gas distribution network in Italy for the infrastructures of Enaon EDA in Greece. In particular,…
Greece is lagging behind the rest of Europe in 2024 in terms of household savings, which remain negative with a percentage of 5.63%. The negative performance in savings also affects…
The 2025 draft budget will be submitted to the Parliament on Monday with the main priority being the maintenance of the primary surplus at high levels and fully aligned with…
Cenergy Holdings has succeeded in consolidating its position as a leading player in the energy sector internationally by investing in innovative technologies and steadily expanding its activity globally. The company…
All the major rating agencies participated in the disinvestment process of the Hellenic Financial Stability Fund (HFSF) from the National Bank, bringing 690 euros in revenue to the State. According…
The five main priorities for the development of OTE until 2030 were presented by the president and CEO of the Group, Kostas Nebis. Regarding optical fiber to homes and businesses…
The decision of the German BSH, parent of the Greek BSH Home Appliances, to stop the distribution of household appliances under the Siemens brand in Greece and Cyprus, fuels the…
Investor interest was strong during the auction of three-month T-bills amounting to 500 million euros. The yield stood at 2.84% from 3.23% during the corresponding previous auction, on July 31,…
The Hellenic Financial Stability Fund (HFSF) announced on Wednesday that its Board of Directors approved a narrower price range within the price range for the international offering in its meeting…
The way is opened for adjustments to the water supply tariffs with the publication of the Joint Ministerial Decision in the Government Gazette which determines the new water pricing rules.…
The Hellenic Financial Stability Fund (HFSF) intends to raise the price of the divestment from the National Bank, adjusting the price range it will accept, according to sources. The fact…
Latsco Marine Management Inc (LMM), owned by Paris Kasidokostas Latsis, signed a cooperation agreement with MAN PrimeServ, the after sales department of MAN Energy Solutions. This agreement is part of…
The Deputy Minister of High-Tech Industry of Armenia, Ruben Simonyan, visited the facilities of Intracom Telecom in Paiania. He was welcomed by the Managing Director, Kartlos Edilashvili, and senior executives…
The economic climate showed an improvement in September, with the index standing at 110.2 points from 106 points in July and August, the Foundation for Economic and Industrial Research (ΙΟΒΕ) …
METLEN Energy & Metals announced its plans for new RES projects in Sicily, after receiving the necessary permits, while also signing a cooperation protocol with Ance Sicilia, in order to…
The Port of Heraklion recorded a significant increase in cruise traffic in January-September 2024, strengthening its position as a leading destination in the Mediterranean. Specifically, the port welcomed 422,996 passengers,…
AB Vassilopoulos’ three-year transformation plan focuses on the franchise network and the fast delivery segment, which also includes a small acquisition. As the Brand President of AB Vassilopoulos Nikos Lavidas…
The balance of employment recorded the highest-ever performance in January-August 2024 as it was up by 299.148 positions in Greece, according to the Labour Ministry’s Ergani employment registration system. This…
Social security debt amounted to 48.57 billion euros in the second quarter of the year, according to the centre for the collection of social insurance debts (KEAO). More specifically, the…
Strong interest was expressed in National Bank’s placement as it has been eleven times oversubscribed. Reuters spoke of a milestone development, adding that with the sale of a 10% stake,…
The Commercial Operation of the Alexandroupolis LNG Terminal begins, with the aim of promoting the city as a new energy gateway for Central and Southeastern Europe. More specifically, Gastrade announced…
The first half of 2024 may not have been so satisfactory for the AS Company, as consumer fatigue and high inflation led to lower turnover by 3.2% (11.5 million euros…
The government will proceed with the submission of the Medium-Term Fiscal-Structural Plan 2025-2028 to the Commission with an additional margin to increase spending by 4 billion euros over the next…
According to the data announced by the Hellenic Statistical Authority (ELSTAT), the General Producer Price Index in Industry (total domestic and foreign market) showed a decrease of 2.4% last August,…
METLEN Energy & Metals will apply for a listing on the London Stock Exchange by the end of the year and this will probably be completed by the second quarter…
GEK TERNA is increasing its infrastructure, aiming at becoming a leading player in Europe. As the president and CEO, George Peristeris, pointed out in a conference call with analysts, the…
Thousands of purchase and sale contracts, inheritances, parental benefits and donations of real estate are under the microscope of the Independent Public Revenue Authority (AADE). The goal is to have…
The Hyatt Regency Thessaloniki hotel created a solar park, as part of its strategy to further reduce its environmental footprint through the use of alternative energy sources. The 1,738 solar…
The Public Debt Management Agency (PDMA) and the Ministry of Finance are aiming to reduce Greece’s 2025 loan program, aiming to reduce the debt-to-GDP ratio as well as the government…
PPC participates in the innovative research project intelWATT in the context of the development of research and innovation activities, recently completing the pilot installation of water recovery of Cooling Tower…
The Hellenic Financial Stability Fund (HFSF) issued an invitation for the public offering of a 10% share in the National Bank. The price range of the placement is between 7.3…
Greek tourists as well as businessmen who will visit China for a short period of time will not need a visa as of October 1, Chinese Foreign Minister Wang Yi…
Prodea proceeded with investments in commercial real estate, hotel units and residential properties under development, with a total value of 303.4 million euros in the first half of 2024. As…
Loan holders with a floating interest rate are expected to be favored by Euribor’s fall below 3%. The market has not seen these levels since November 2022. Financial markets have…
Piraeus Port Authority (PPA) showed an increase in revenues and profits in the first half of 2024, once again achieving the best historical performance for this period of time. More…
Electricity prices are expected to show stabilization or even reduction in October compared to the current month as a result of a significant de-escalation of prices on the Energy Exchange…
The new company after the merger of Intracom Properties and I. Kloukinas – I. Lappas (KLM) will have a real estate value of 121.3 million euros and annual rental income…
The average annual household expenditure increased to 20,223.36 euros (1,685.28 per month) in 2023, registering an increase, at current prices, of 5.3%, compared to 2022. According to the results of…
The Dimand group recorded a significant increase in profits in the first half of 2024, according to the financial results announced by the company. Profits before taxes amounted to 15.9…
Development of synergies with third parties, outsourcing services, new products, reinforcement of the already extensive network and installation of boxes are among the plans of ELTA management in an effort …
Greece is willing to work towards resolving the only major outstanding issue we have with our neighbor, that is the delimitation of the continental shelf and the Exclusive Economic Zone…
Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, referred to the challenges for enhancing the safety and efficiency of shipping during the World Maritime Day. “On the occasion of…
The 79th Session of the UN General Assembly in New York was concluded and Greece had the opportunity to hold very important meetings, as the country’s international footprint is extremely…
Greece ranked second worldwide in terms of optimal procurement strategy in Public-Private Partnership (PPP) projects, according to the “Benchmarking Infrastructure Development 2024” Report of the World Bank, Alternate Minister of…
George Stassis may have seen the PPC share close to the highest levels of the last 10 years (12.5 euros) while at the same time proposing as a “gift” the…
