In recent decades, the whole world has been operating in an increasingly complex geopolitical environment with the global players deploying strategies in order to protect their security. Trade disruptions are…
Navios Maritime Partners’ share price has risen at a nine-year high. The Wall Street-listed shipping company, owned by Angeliki Fragou, which, through mergers of its companies, created one of the…
An important milestone in Attica Bank’s path towards full consolidation and restructuring is expected to be achieved on Wednesday with the approval of the 735-million-euro share capital increase by the…
“The de-escalation of inflation in the Greek market as well as in the international market is a fact. We see this trend from February onwards,” Apostolos Petalas, General Manager of…
The project of the Greece-Cyprus electricity interconnection is on track as the pending issues seem to have been finalized. According to sources, the Ministry of Environment and Energy is about…
The Hellenic Navy and the Armed Forces are turning the page in the context of the implementation of the “Agenda 2030” following the acquisition of the four Belharra frigates. National…
Prime Minister Kyriakos Mitsotakis met with the President of Turkey Recep Tayyip Erdogan in New York. The two leaders’ meeting was attended by the foreign ministers of the two countries,…
By Vassilis Korkidis, President of Piraeus Chamber of Commerce and Industry Small and medium sized enterprises in the wider Piraeus area continue to be on a development trajectory, while at…
The turnover of businesses in the retail sector showed a positive sign in July, according to the data announced by the Hellenic Statistical Authority (ELSTAT). For the enterprises in retail…
The last “barrier” for the promotion of the National Program for the Development of Offshore Wind in the Greek seas has been overcome. The first tender is expected to be…
The Draghi report has no chance of succeeding, said Evangelos Mytilineos, President and CEO of Metlen Energy & Metal as well as President of the Pan-European Association Eurometaux. As he…
Tourist arrivals increased but average expenditure per trip decreased, the President of the Panhellenic Federation of Hoteliers, Yiannis Hatzis, said in an interview with Naftemporiki TV, following the data of…
The management of Profile is reaping the fruits of its strategy in the fintech market, as shown by the financial results of the first half of 2024. The company said…
MEGA Disposables SA, one of the largest production units of personal hygiene products in Europe, which maintains 100% of its production in Greece, announced record sales and exports in 2023.…
The UAE ambassador in Athens, Ali Obaid Al Dhaheri, confirmed the interest of the United Arab Emirates in strengthening bilateral ties with Greece and especially in the economic sector. Speaking…
PPC Group received important distinctions in seven categories at the Developed Europe and Emerging EMEA Equities awards. The awards were organized by the internationally recognized publishing house Institutional Investor, specializing…
A total of 17,982,600 foreign tourists visited Greece in the first seven months of the year, boosting travel receipts to 10.953 billion euros, according to data released by the Bank…
The LNG adoption in the containership market remains strong, due to the attractiveness of the fuel price but also slower than expected production of green methanol. Shipbrokers noted to “Naftemporiki”…
Tikun Olam Greece, the first medical cannabis company in Greece, announced it has been awarded the GACP (Good Agricultural and Collection Practices) certification for the cultivation and production of medicinal…
There are 12 sectors of the Greek economy, in which employment increased during the second quarter of this year and essentially helped the unemployment rate to drop (9.8%) to single-digit…
A 33% tax on profits that exceed by 20% the average of the period 2018-2021 is expected to be imposed on refining companies. The money that will be raised is…
The European Commission issued the decision approving the EU financial contribution for the implementation of the project “Alexandroupolis Independent Natural Gas System (INGS)”, in the context of the Operational Program…
Progress has been recorded in the infrastructure projects built by Lamda Development in Ellinikon. In the largest of the projects, the construction of the 1.5 kilometer underground avenue of Poseidonos,…
The value of the Greek business software market is estimated at 400 million euros, and it is expected to double over the next 5 years, reaching 1 billion euros. These…
After the meeting between Prime Minister Kyriakos Mitsotakis and Cyprus President Nikos Christodoulidis, a Framework of Understanding was signed between the two countries, for the promotion of the Cyprus-Crete Electricity…
A spike in technological investments has been recorded lately with telecom providers leading the trend. More specifically, OTE has announced one of the largest investment programs, followed by Nova and…
Frigoglass announced it signed a legally binding agreement for the acquisition of foreign companies. The binding agreement concerns the Spanish companies Tricorporación, S.L. and World on – Premise España, S.L.,…
Greece is at risk of not meeting the European Commission’s goal, in the context of the Digital Decade 2030, regarding the digital readiness of Small and Medium Sized Enterprises (SMEs)…
The current account deficit increased by 1.3 billion euros in January-July 2024 compared to the corresponding period last year, while tourism receipts rose by 5.6%, rising to 10.952 billion euros.…
Astir Marina and the Yacht Club de Monaco have strengthened their cooperation with the signing of the Memorandum of Understanding (MoU), aiming at obtaining the “La Belle Classe Destinations by…
George Mylonas may see the share of Alumil, which has been active for four decades in the aluminum sector, remaining trapped below the psychological limit of 100 million euros in…
The commercial operation of the Liquefied Natural Gas Terminal in Alexandroupolis (FSRU Alexandroupolis) will begin on October 1, Gastrade’s CEO, Kostis Sifnaios, said during a visit of the Ambassadors of…
The amount of the Greek debt is revised upwards and even retroactively. In application of the new framework of rules, Eurostat imposes the inclusion of deferred interest, the amount of…
Greece’s intention to start negotiations for the supply of a fourth Belharra-type frigate as well as the promotion of a broad program of modernization of a series of ships of…
Technology is constantly developing, forcing employees to enhance their skills in order to meet the challenges of the future. In a survey conducted by kariera.gr, focused on the prevailing trends…
Terna Energy is close to this year’s highs of 19.7 euros ahead of the conclusion of the sale to Masdar. The share of the listed company on the Athens Stock…
Greece still has the highest rate of non-performing loans (NPLs) in the European Union, at 3.3% compared to an average of 1.9% in the fourth quarter of 2023. However, significant…
The fair value of Noval Property’s real estate portfolio stood at 609 million at the end of the first half, up 7% compared to the end of 2023. The investment…
Starting this year and every year, those who own boats will have to pay between 100 and 200 euros, depending on the length of the watercraft. However, the submission of…
The investment program of the Piraeus Port Authority (PPA) is progressing rapidly, following the issuance of the presidential decree, the approval of the master plan and the Strategic Environmental Assessment…
The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced the acquisition of a majority stake of 67% in the share…
The repair of the axle system on a Suezmax type tanker, 274.2 meters long and 50 meters wide, with a total capacity of 150,000 tons, was successfully completed at Skaramangas…
The current situation of the mutual funds market is reminiscent of times before the financial crisis and it seems to be emerging as a reliable investment option. The total number…
Households and small and medium-sized enterprises will have the chance to obtain ultra-high-speed broadband connection through vouchers. These vouchers will cover the cost of acquiring the relevant service and especially…
Public Power Corporation (PPC) is advancing its plans for the creation of a data center in Attica, and specifically in the area of Spata, with a capacity of 25 MW…
Karelia Tobacco Company remains stable in its positive business course, alongside its contribution to society as a result of its sound domestic and international business activity. Victoria Karelia, president of…
Insurance premiums for ship hulls reached 9.2 billion dollars in 2023, up 7.2% compared to 2022. Ilias Tsakiris, general manager of the American Club (Europe) and CEO of Hellenic Hull,…
The process for the sale of Nova continues amid prospects that the four potential investors – two Arab telecommunications organizations and two US investment funds – will submit offers at…
GEK TERNA is expected to launch a new large investment cycle in the areas of concessions and PPPs inside and outside Greece, General Director of Business Development, Manos Moustakas, said…
The issue of hypertourism and the promotion of new destinations will dominate the 8th Posidonia Sea Tourism Forum to be held in May 2025, as the organizers of the most…
