The generation of Millennials (ages 30-49) holds the first place in the total monthly purchases of e-commerce in Greece, according to a survey carried out by Nexi on the consumption…
The Skyline project, concerning an Alpha Bank agreement for the transfer of approximately 570 properties to Dimand – Premia – EBRD, for a price of approximately 400 million euros, has…
The Greek Tourism Ministry is speeding up the institution of a pioneering and innovative, worldwide, hotel classification system based on sustainability criteria, which will include their evaluation and certification based…
National Bank recorded strong financial results in the first half of the year, with profits after taxes reaching 670 million euros, recording an annual increase of 26%. Group organic profit…
NYSE-listed Costamare closed the second quarter of 2024 with liquidity totaling 1.118 billion dollars. During the same period, the company recorded net profits of 102 million dollars and revenues of…
The signing of the contract by the Greek government for the sub-concession of the right to build the mega-yachts marina in the port of Corfu was approved by the cabinet.…
PPC achieved a positive evaluation of 90% in the ESG Transparency Score of the ATHEX ESG index of the Athens Stock Exchange, after an extensive analysis of a series of…
Piraeus Bank announced record profitability of 333 million euros and 0.26 euros earnings per share, with an annual increase of 42%, in the second quarter of 2024. According to the…
TITAN Group sales rose 7.6% in the first half of 2024 and amounted to 1.323 billion euros, with all geographical areas contributing to the increase in turnover and sales volumes,…
Large bulk carriers, such as Capesize and Newcastlemax, are a “pole of attraction” in the secondary market, with Greek shipowners behind several deals. Between January and July 2024, a total…
Greek citizens have been recently flooded with messages from the Independent Authority for Public Revenue (AADE) reminding them of their tax obligations. In fact, the electronic messages sent are divided…
The new “Berth Allocation” digital platform for managing reservations and allocating ship berths was presented by the Lavrio Port Authority SA. The Berth Allocation digital platform concerns cruise ships, RO-RO…
One binding offer was submitted for the acquisition of 20% of the Independent Power Transmission Operator’s (IPTO) subsidiary company “Ariadne Interconnection S.P.S.A.”, operator of the electrical interconnection of Attica-Crete. The…
The Athens Stock Exchange is about to say goodbye to July with significant profits, as the General Index seems to have left behind the recent levels of 1,400 points and…
Oil prices are rising on international commodity exchanges, following the new escalation of tension in the Middle East, which endangers the safety of critical sea routes of the “black gold”.…
Performance Technologies announced the listing for trading of all 13,968,683 existing shares of the company on the Regulated Market of the Athens Stock Exchange (ATHEX) as of Wednesday, July 31.…
Greek shipowners support the effort made to revive the Greek shipbuilding and repair industry. In this context, the Neptune Avra of the Neptune group, owned by Melina Travlos, was “moored”…
The president of the US-listed shipping company Safe Bulkers, Loukas Barbaris, focuses on the company’s strong liquidity, commenting on the company’s financial results for the second quarter of 2024. Barbaris…
PPC Group announced the construction of a new 140 MW wind farm in Deleni, Vaslui province, in eastern Romania. A new wind power plant, with an installed capacity of 140…
In an era where sustainability and responsibility are becoming increasingly important to businesses, adopting strong ESG (Environmental, Social and Governance) strategies is essential. Businesses committed to operating responsibly and transparently…
Google’s fire alert tool expands to 15 countries in Europe and Africa, including Greece. It is a tool based on Artificial Intelligence and enables detailed monitoring of fire boundaries in…
The energy crisis, geopolitical tensions, and climate change continue to be critical factors affecting the business climate, according to ICAP CRIF data on the performance of selected sectors of the…
According to the Central Union of Chambers of Greece (KEEE), the number of vacant jobs nationwide totals 260,000, based on the results of a survey conducted on a sample of…
Justice spoke and presented the thorough and detailed conclusion of its investigation, government sources said following the Supreme Court’s announcement on the wiretapping issue. According to the findings of the…
The “Hellenic Shipping Association of Hamburg” (ENSA) was established in the shipping “capital” of Germany. It is a non-profit association under German law, with 67 founding members. According to article…
Attiki Odos recorded a 5.6% increase in average daily vehicle traffic and a 9.1% increase in revenue in the first half of 2024. The motorway, which will soon return to…
Debt to the social security funds amounts to 18.3 billion euros, including those that have been included in some form of settlement, but ultimately the non-payment of the monthly installments…
Several famous summer destinations in Greece, both in Macedonia and in Southern Greece, recorded a “decline” in bookings and overnight stays instead of an increase in July. Although reservations for…
The secondary market of bulk carriers continues to record frantic rates although it is a difficult period for deals, at a time when prices seem to have reached their peak.…
Pepsico Hellas is proceeding with an extreme makeover, claiming to become a top-of-the-mind brand in the minds of domestic consumers in soft drinks and snacks. The strategy for the dynamic…
Eldorado Gold’s management is focusing on operating efficiency and productivity, factors that favor stronger production and improved unit costs for the remainder of 2024. More specifically, in Greece and the…
“With climate change, biodiversity loss and plastic pollution threatening the tourism development of the Mediterranean – and beyond – sustainability is a one-way street,” Eleni Andreadis, director of Sustainability and…
METLEN Energy & Metals announced the conclusion of the agreement to acquire all the shares of Volterra on 25.07.2024. A merger process will follow, with the absorption of Volterra by…
More than 120 companies – including major ones – will be represented at the 88th Thessaloniki International Fair (TIF), where Germany will be the honored country, the Ambassador of the…
Two new LNG carriers with innovative technologies will join the fleet of Maran Gas, owned by the Angelicoussis Group. The inauguration ceremony took place earlier in July in South Korea,…
Performance Shipping remained on a profitable track in the first half of this year despite the correction of the freight market from last year’s levels. The US-listed company also received…
Οnline pharmacies’ turnover rose 1% in the first half of the year, while in absolute terms they reached 145 million euros, according to the figures of the annual survey of…
The boards of directors of Attica Bank and Pancreta Bank approved the draft agreement for the merger of the two banks. The merger will be carried out by accounting consolidation…
The signing of definitive contracts and preliminary purchase and sale agreements for the sale of five different plots of land in Ellinikon (near CommercialHub and The Ellinikon Mall), with a…
Fourlis Group installed a new photovoltaic system on the roof of the storage and distribution center of its subsidiary, Trade Logistics, in Schimatari, Viotia. The new photovoltaic system, the second…
Nationwide population coverage of Cosmote 5G, the country’s largest fifth-generation network, has surpassed 99%, with Cosmote achieving its goal ahead of schedule. The rapid development of the 5G network, is,…
Castor Maritime proceeded in an agreement for the acquisition of an Ultramax type dry bulk carrier, built in 2015, for 25.5 million dollars. The acquisition is expected to close upon…
Protergia’s move to absorb increases in the energy market, both on the production level and on the retail level, is a well-calculated move, where the goal is to further grow…
The average occupancy rate in Athens hotels reached 75.5% in the first 6 months of 2024, compared to 72.9% in 2023, up 3.5%. June, the peak month for Athens, although…
Local online stores are high on the preferences of Greek consumers, according to the second part of Nexi’s research on e-commerce in Greece. However, international online shopping sites maintain the…
The subject of underground mining and its advantages were presented to the General Secretary of Energy and Mineral Raw Materials, Aristotelis Aivaliotis, by the executives of the companies Iktinos and…
The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced that during the meeting of the Board of Directors approved the…
Metlen announced 2,482 million euro turnover in the first half of 2024 compared to 2,516 million euros in the same period last year, down 1%, despite the significant de-escalation of…
Half of the workers in Greece (45%) barely manage to meet their obligations, while one in three works more than 48 hours per week. As a result of the current…
The government seems to be focusing on providing tax incentives with the view to increasing the supply of properties for long-term rather than short-term rental. Although relevant decisions are expected…
