The energy market immediately reacted to the government’s decision to tax the excess profits of companies, with Protergia announcing the absorption of increased wholesale prices and the freezing of retail…
The activity of ENAON EDA, the subsidiary of the Italian group Italgas in Greece, stood out in the results of Italgas for the first half of 2024, covering the largest…
More than 4,500 inspections on beaches and coastal areas throughout the country were carried out in the previous three weeks following citizens’ complaints. During this time, extensive checks were carried…
Protergia, a member of METLEN Energy & Metals, will keep in August its final prices unchanged, at the same levels as in July, for residential and small business customers. The…
Eurobank is the first systemic bank to receive approval from the Finance Ministry for the disbursement of the seventh (7th) tranche of the Recovery & Resilience Facility, up to 300…
The EU funds from the Recovery and Resilience Facility (RRF) amount to 17.2 billion euros, following the European Commission’s announcement on the disbursement of 2.3 billion euros to Greece, after…
Euroseas announced a new ship charter which will boost the company’s EBITDA by 5.5 million dollars. In particular, the US listed company chartered the feeder type containership with a transport…
A total of 67% of the shares of the Heraklion Port Authority were sold to Grimaldi-Minoan consortium for 80 million euros, Deputy Shipping Minister, Stefanos Gikas, said during the parliament…
Natural gas system operators from Bulgaria (BULGARTRANSGAZ and ICGB), Romania (TRANSGAZ), Hungary (FGSZ), Slovakia (EUSTREAM), Moldova (VMTG), Ukraine (GTSOU) and Greece (DESFA and Gastrade) conducted a binding market test in…
Eurobank announced that for the first time after 16 years – the last time was for the fiscal year 2007 – proposed the distribution of a dividend of 0.933 euros…
METLEN Energy & Metals (formerly MYTILINEOS) has successfully completed the sale of one of its portfolio of UK solar projects to Schroders Greencoat. The portfolio consists of three farms, located…
The legislation that will set the emergency levy on natural gas companies will be ready next week. The revenue from the tax will be used to subsidize electricity bills in…
Energean is committed to the expansion of its portfolio with the natural gas fields under development in the areas where it operates with the adoption of the Final Investment Decision…
Grid Telecom, a wholly owned subsidiary of the Independent Power Transmission Operator (IPTO) of Greece and Dawiyat Integrated, a wholly owned subsidiary of Saudi Electricity Company (SEC), signed a Memorandum…
The activity of multinationals and subsequently the banking sector are put under the microscope of the Competition Commission as a matter of priority and will be checked for possible partnerships…
Clarksons in its weekly report gave a positive sign for the tanker industry in 2025. In its latest report, UK-based Clarksons said that good conditions in the tanker market will…
The Bank of Greece (BOG) governor is sounding the alarm over the important labor force shortage, stressing that if immediate efforts are not made to cover the approximately 200,000 vacant…
Significantly more tourists compared to last year seem to have chosen Greece this year for their summer holidays. However, the increase in total tourism receipts is relatively small. And this…
ICAP CRIF is the leading Group of Companies in the market of Credit Risk and Business Information Solutions in Southeast Europe and a member of the global company CRIF. Nikitas…
Ideal Holdings (İDH) continues to further strengthen the IT sector with the acquisition of 75% of BlueStream. It is a fast-growing Greek service provider company that offers infrastructure services both…
The worst performance in the e-commerce market was recorded in March 2024, according to the data of the Hellenic Electronic Commerce Association (GR.EC.A). The survey concerned the performance of fashion…
The Hellenic Statistical Authority (ELSTAT) announced the monthly provisional data of arrivals and nights spent in hotels, similar establishments, tourist campsites and short-stay accommodation establishments in May 2024. According to…
The deficit of the current account balance widened in relation to the same period last year and amounted to 9.7 billion euros in the five months of January-May 2024. More…
Prices in Tinos have almost approached those in Mykonos while the island has become a famous Instagram spot. Cocktails such as the Aperol Spritz in a plastic glass cost 12…
Liquidity, funding and finding customers are the main challenges for the European and Greek technology start-ups ecosystem, which nevertheless remains optimistic despite the challenges, while the American dream remains alive…
ECM Partners and Metric Capital Partners have signed an agreement to sell a majority stake in FAMAR, an established pharmaceutical development and manufacturing services provider (CDMO), to MidEuropa. MidEuropa is…
AKTOR, a member of the Intrakat Group, signed a contract with the Infrastructure and Transport Ministry for the construction of the Tsiknia Dam, on the island of Lesvos, with a…
Piraeus Port Authority (PPA) SA received two additional awards for its significant contribution to the development of the domestic economy, in the “Protagonists of the Greek Economy” awards organized by…
“The situation regarding energy prices is out of control,” the president of UNICEN (Hellenic Union of Industrial Consumers of Energy), Antonis Kontoleon, said, stressing that “the measures announced seem to…
The port of Heraklion shows impressive numbers of passenger arrivals as well as cruise ship arrivals. More specifically, 2024 is expected to be a record year for cruises in the…
Sustainable production and consumption, empowered employees, contribution to thriving communities as well as responsible governance are the four pillars of the Sarantis Group’s Sustainable Development, according to the 2023 report.…
Restaurants will be obliged to use a Fiscal Electronic Mechanism (FIMAS) or restaurant cash register or fiscal printers (ADIME) to issue receipts as of August 1. The obligation concerns (full-meal)…
National Bank finances the major projects that support the infrastructure and modernize Greece, making it among the top tourist destinations. At the same time, it supports tourism businesses with high-level…
The Greek electrical and electronic goods market remained on a negative trajectory in the first five months of 2024, according to GFK data . More specifically, the electrical and electronic…
Nova has filed an application to participate in the Law on Strategic Investments, part of its investment program, amounting to 93.4 million euros, aiming at accelerating the development of the…
The creation of a new ‘banking pole’ is something that the Greek banking system needed. The shrinking of the banking sector after the crisis, with the closure of many banks…
The Ministry of National Economy and Finance has five “hot” issues to deal with this summer. According to ministry officials, all five issues have been “dragging” for a number of…
Four regional ports that are part of the HRADF portfolio secured 10-million-euro funds from the European Commission’s Connecting Europe Facility (CEF) program for the development of cold ironing infrastructure and…
Intrakat has undertaken a new hydraulic project, which promises to modernize the water management process in one of the country’s most important areas and contribute to the revitalization and sustainable…
The figures presented exclusively by “Naftemporiki” include working hours that reached 2,042 in 2015, and slightly dropped to 1,886, in 2022. In any case, the difference with other countries is…
GEK Terna Urban Services will assume in the first phase the activities of Terna Energy, which will not be sold to Masdar under the agreement that has been announced. This…
The agreement for the creation of the 5th ‘banking pole’ was signed, while the contract for the merger of the two banks Attica Bank – Pancreta Bank was sent to…
The first hybrid technology passenger-car ferry was launched at the Kanellos Shipyards in Perama, on behalf of the Italian company Blu Ferries. It is the “Sikania II Hybrid” which is…
A decrease – even marginal – in the revenues of Greece’s large commercial enterprises was recorded by the Hellenic Statistical Authority in May, triggering concerns as to whether high prices…
Greek society has a huge lack of information about shipping, according to the conclusions of a survey conducted by Focus Bari, on “The perceptions of Greeks and the challenges in…
Mandatory investments, port fees and the rights of the new investor to enter into agreements for the execution of projects are described in the concession contract of the port of…
Managing Sustainable Development is an integral part of the METLEN Energy & Metals (formerly Mytilineos) business model. It remains a key driver of strengthening the company’s ability to achieve business…
Drug shortages are not an August problem or a domestic one, it is a global, long-term and multifactorial issue. As the Hellenic Association of Pharmaceutical Companies (SFEE) president Olympios Papadimitriou…
SMERemediumCap and Inspiring Earth groups are joining forces to create a new, powerful group in the Cretan olive oil market. In particular, with the establishment of a joint company which…
Passenger traffic at the 24 airports managed by CAA recorded a +6.3% increase in the first half of 2024, according to the provisional data. More specifically, the total number of…
