Green tariff charges remained almost unchanged in March compared to the previous month, with companies choosing to absorb the 14% increase in the wholesale electricity market by applying larger discounts.…
Container freight rates are falling, due to the increased shipping capacity as a result of the delivery of new vessels this year, but also in view of the expected gradual…
The European Commission’s Clean Industrial Deal, which addresses several areas related to the maritime sector in terms of decarbonization and sustainable energy solutions, is welcomed by the European Community Shipowners’…
Costamare Inc., listed on the US stock exchange (NYSE), announced its intention to “break” the dry bulk transportation sector into a separate company, Costamare Bulkers Holdings.
Following the business strategy…
Noval Property REIC is completing investments totaling 114 million this year, in parallel with the completion of the major project of the redevelopment of the former industrial facilities of Viohalco…
Aktor Group has been recently added to the FTSE Large Cap index with the 25 largest companies on the Greek stock market.
The valuation of the construction company already exceeds…
Inflation in Greece stood at 3% in February, showing a slight slowdown.
According to data announced by Eurostat, inflation fell to 3% in February, on an annual basis, from 3.1%…
EquiFund II will mobilize approximately 360-380 million euros to support small and medium-sized enterprises operating in the fields of life sciences – health and social innovation, according to estimates by…
Organic growth, strategic moves as well as targeted acquisitions of companies with high resilience and growth potential, are the basis for a positive course for Ideal Holdings.
As the financial…
Greek shipowners are opening up new markets, responding to the challenges of the new era.
Pioneers as always – with LNG carriers at the beginning of the 21st century –…
Thousands of citizens are demonstrating across Greece on Friday, two years after the train tragedy in Tempi, where 57 people lost their lives demanding answers and justice.
Fifty-seven people were…
Deposits placed by the private sector dropped by 4.787 billion euros in January 2025, compared with an increase of 5.592 billion euros in the previous month, according to the Bank…
Premia Properties REIC is planning investments worth 50 million euros in 2025, of which approximately 17 million euros have already been implemented.
For the current year, it is estimated that…
Τhe electrical and electronic goods market declined in 2024, according to GFK data.
Overall, the market turnover reached 3.1 billion euros, down 4.1% compared to 2023. Unit sales also fell…
A delegation from the Construction and Transportation Committee of the Incheon Metropolitan Council, South Korea, visited the Piraeus Port Authority, with the aim of exchanging views on port management and…
The rekindling of Greek shipowners’ investment interest in containerships is reflected in the series of new orders.
Despite the sluggish start and the reduced dependence of many liners on charters,…
Development Minister Takis Theodorikakos held a series of bilateral meetings with Bulgarian officials during the Business Forum organized by the Bulgarian-Hellenic Chamber of Commerce and Industry in Sofia.
The participants…
The aim is to maximize the use of all business parks, the president of the Piraeus Chamber of Commerce and Industry, Vassilis Korkidis, said in an interview with Naftemporiki TV.…
Diana Shipping Inc., listed on the US stock exchange, reported significant profits and revenues on an annual basis as well as in the fourth quarter of 2024.
The company’s fleet…
The increase in fiber optic (FTTH) and television subscribers as well as Fixed Wireless Access (FWA) connections, combined with effective cost management, are key factors for the growth that OTE…
National Bank of Greece announced it has entered into a definite agreement with investment funds managed by Bracebridge Capital, LLC for the sale of 95% of the Mezzanine and Junior…
The Ministry of National Economy and Finance is putting the long-awaited bill to enhance the credibility and attractiveness of the Athens Stock Exchange into public consultation, as part of the…
A 24-hour nationwide strike will paralyze Greece on February 28, with hundreds of rallies and protests taking place throughout the country to mark the second anniversary of the Tempi train…
OTE management estimated that the approvals from the Romanian authorities in order to proceed with the sale of its subsidiary, Telekom Romania Mobile (TKRM), will have been completed by the…
The importance of the tugboat sector in the current national and international environment, the safety and the significant surplus values that will arise for the national economy, especially the shipbuilding…
Piraeus’ major shareholder John Paulson sold a 15% stake of his total investment in the bank for 160 million euros, according to a bank announcement.
Specifically, the US investor, one…
Tsakos Energy Navigation is expanding its investment program by focusing on shuttle tankers.
According to Xclusiv, the group will proceed with the construction of nine more shuttle tankers (DP2) in…
The Hellenic Public Properties, a subsidiary of the Superfund, has entered into a significant business agreement regarding the sale of its participation in Marina Zeas S.A. (25%) to the majority…
OTE Telecoms achieved its targets in 2024, recording strong operational and financial performance in Greece, its president and CEO, Kostas Nebis, stated following the release of its financial figures.
“We…
Energean is considering invoking the same reasons as a year ago in order to obtain a new extension of the concession license for block 2, which expires on March 15.…
In a major milestone for the decarbonization of shipping, the Port of Thessaloniki (ThPA) becomes the first port in the European Union and the Mediterranean to integrate RightShip’s Maritime Emissions…
“Following the drilling for hydrocarbons, Greece will gain 1/3, around 35%, which is not bad, it is fine,” Filippos Filippakopoulos, the former CEO of a Greek hydrocarbon management company, Yannis…
The gross tonnage of the Greek merchant marine fleet further dropped in December, according to the Hellenic Statistical Authority (ELSTAT).
Despite the significant renewal and development of the Greek-owned fleet,…
OTE’s vision for 2030 and its development strategy were presented by the President and CEO of OTE Group, Kostas Nebis, to more than 400 associates of the GERMANOS store network…
Bank of Greece sees new inflationary pressures in services and core inflation, with the sectoral index of services recording a 5.6% increase in January and core inflation rising by 4.4%.…
Hellas Gold has completed its social investment plan for 2024 in the region of NE Chalkidiki, which includes 130 projects and social actions worth 2.47 million euros.
This is an…
Olympia Group and VNK Capital plan to focus on new investment initiatives, according to their announcement after the decision to reduce their participation in Lamda Development, through their joint investment…
Listed companies have distributed or announced dividends exceeding 1.8 billion euros in the first two months of 2025, which consolidates expectations for exceeding the annual target of 5 billion euros.…
New car registrations in the European Union fell by 2.6% in January, according to data from the European Automobile Manufacturers Association (ACEA), which represents Europe’s 16 major car, truck and…
Greece is recording steady progress in the participation of Renewable Energy Sources (RES) in the energy mix, according to a study published by the Center for Liberal Studies (KEFIM) in…
Aegean Airlines inaugurated the air connection between Athens and Erbil, a route that also has great geostrategic importance.
Erbil is located in northern Iraq and is considered by many to…
EuroDry Chairman and CEO Aristides Pittas expressed his optimism that the dry bulk market in March 2025 will recover, following the various incentive packages from the Chinese government in combination…
One of Turkey’s largest shipping companies is being relocated to Greece, as investments in the country reached a record level in 2024.
The decision, as reported by Turkish media, was…
Piraeus Bank Chairman George Handjinicolaou said that “2024 was a year of significant progress for Piraeus and we are pleased to announce record profitability and growth. At the same time,…
The listed shipping company Costamare is planning to renew its privately owned fleet of dry bulk carriers and increase its average size, as the company reveals in its annual report…
Athens International Airport announced total revenue increased by 10.2% to 665.5 million euros in 2024 compared to 603.72 million in 2023.
The significant increase in passenger traffic of 13.1% and…
Virtual Reality (VR) and Augmented Reality (AR) have penetrated technology and marketing, offering new possibilities for enhancing consumer experience and developing advertising campaigns.
As consumers increasingly demand innovative and interactive…
Eurobank will proceed with the signing of a Memorandum of Understanding (MoU) with SC Ventures, a member of Standard Chartered, as part of a new strategic partnership to promote innovation…
The new storage and distribution (logistics) center in Aspropyrgos, an investment totaling 70 million euros, will be delivered to InterIkea Group by Trade Estates REIC in 2025.
According to competent…
