Alpha Services and Holdings SA, 100% parent company of Alpha Bank SA, announced that its fully controlled subsidiary, Alpha International Holdings SMSA, entered into a binding agreement with UniCredit SpA…
With 55 years of presence in Greece, Coca Cola 3E combines its course with the most famous soft drink in the world and has managed to be consistently at the…
2023 was a year of significant growth for MEVGAL, with the development course continuing this year as well, following an important investment program. The company, as its president, Mary Hatzakou,…
The secretary general of the Greek National Tourist Organization (GNTO), Dimitris Fragakis, and the Vice President of Netflix for Public Policy Europe, Middle East and Africa region, Madeleine de Cock…
The multinational food company Mondelez chose Greece for the establishment of a cyber security center which will manage all its activities in Europe. The Greek hub combined with another one…
The European Commission has set four conditions in order to continue subsidizing the project of the new cruise pier in the southern part of the port of Piraeus. According to…
Piraeus Port Authority (PPA) executive vice-president, LIN Ji, who was appointed at the “helm” of the listed company at the end of April, has approved the distribution of a record…
Investing in flexible multi-fuel engines is today the most prudent way for a shipowner to meet the commercial and regulatory demands brought by environmental regulations, which are expected to drive…
Intrakat is aiming at its further development based on constructions, PPPs – concessions and Renewable Energy Sources (RES), expecting revenues up by sixfold in 2026. The plan also includes the…
Jotun is excited to officially announce the extension of its contract with Angelicoussis Group for an additional two years for the DryDock, Seastock, and NewBuilding projects of the Group. Maria…
“The improved financial results of our company for the third consecutive year demonstrate that the port’s development and modernization strategy, as well as the important decisions regarding its operation, are…
The Hellenic Financial Stability Fund (HFSF) is expected to proceed immediately with its disinvestment from the National Bank of Greece (NBG). More specifically, the Hellenic Financial Stability Fund, which still…
Greek shipowners’ orders are on track for a new record this year, as a total of 34 companies have signed contracts for more than 120 ships during the first half…
A solution to the issue of the ever-increasing demand for berths in marinas as well as tourist ports for foreign and Greek pleasure boats is to be provided by the…
Limiting the short-term rental of properties in famous tourist areas and establishing a special fee for the financing of renovations and infrastructure is proposed, among other things, in the new…
While everything is getting more expensive, there is something that remains consistently cheap. And this is EYDAP’s water, which is kept at low levels (one of the cheapest waters in…
CISCO is eventually leaving the city of Thessaloniki, ending the conflict that arose recently with the Municipality regarding the Labattoir building. The dispute concerns the operation of Cisco’s DT&S International…
The amount of public contracts exceeded 6 billion euros in the four months of 2024, during which direct award contracts were once again in first place and indeed with a…
Electrical interconnections developed by the Independent Power Transmission Operator (IPTO) play an important role in the “greening” of Greece’s energy mix, the president and CEO of IPTO, Manos Manousakis, said…
Desserta Hellas, a subsidiary of Berglandmilch, proceeded with the acquisition of the company Doriki, which was the separated cheese-making arm of Minerva Edible Oils and Food Enterprises. The relevant agreement…
Tourism in Greece has shown a strong recovery after the pandemic, recording a 97% increase compared to 2021, according to a Visa analysis on Mediterranean tourism. According to Visa’s analysis,…
Open Cosmos and the European Space Agency (ESA) signed an agreement for the construction of a cluster of Greek high-definition multispectral earth observation satellites, within the framework of the Hellenic…
Mathios Refractories is expected to be on a growth trajectory in the current financial year, as the company’s management emphasized during the regular general meeting of its shareholders. In particular,…
The penetration of fiber optic networks to homes and businesses (FTTH or FTTP) in Greece stands at 38.4%, up 10 percentage points compared to last year, but lower than the…
Uber Greece announced speed boat trips through the Uber Boat online application for Santorini, Corfu and the Athenian Riviera. This particular service is already operating for the second year on…
The first step in the implementation of Cenergy Holdings’ investment in Baltimore, USA, has been completed, with its subsidiary, Hellenic Cables Americas, purchasing a waterfront plot at Wagners Point, in…
The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced that five investment schemes have expressed interest in the public international…
Greece’s economic climate index slightly fell to 110.6 points in June from 111.0 points in May. According to a survey by the Economic and Industrial Research Foundation (IOBE), the decline…
PPA SA has achieved the highest performance in its history in terms of revenue and profitability for the third consecutive year. More specifically, total revenue amounted to 219.8 million euros…
Demand for container ships is on the rise lately based on the number of deals on the secondary market and in shipyards. The significant increase in freight rates, as a…
Titan Group and Sinoma CBM, a leading force in cement technology and the provision of integrated technical solutions, signed a Memorandum of Cooperation for new business opportunities and the promotion…
The Piraeus Port Authority released the Sustainable Development Report for 2023 in the context of compliance with systematic rules, standards and initiatives for the environment, society and corporate governance, which…
The total value of the OTE Group’s real estate portfolio increased by 8.2% to 1,148 million euros, based on the valuation at the end of 2023. According to OTE Estate’s…
AVAX Group announced the signing of a contract with the Mass Group Holding (MGH) for the study, construction and operation of a 282MW open cycle power plant in Iraq. It…
Greek-German investments in fixed capital formation reached 3.7 billion euros in the period 2018-2022, while the total turnover has increased to 10 billion euros in 2022 and the companies employed…
Greece ranks 58th among 62 countries in terms of Artificial Intelligence, with the main difficulty being found in securing human resources with appropriate training, due to brain drain, according to…
Alumil’s investments exceed 20 million euros for 2024, while the company is aiming for a turnover of 440-450 million euros in 2024 and is placing special emphasis on digital transformation…
Dr. Vassilis Hatzikos, CEO of Siemens in Greece, in an interview with “Naftemporiki”, focused on the increased interest in products and services that support the energy and digital transition of…
“Greece and Germany are working together in the economy” was the message of the anniversary event of the German-Hellenic Chamber of Industry and Commerce for the completion of 100 years…
EnEarth, a subsidiary company of the Energean group, submitted an application for the Carbon Dioxide (CO2) Storage Permit in Prinos, Kavala, to the Hellenic Hydrocarbons and Energy Resources Management Company…
Piraeus Bank and Dimand are proceeding with the redevelopment of the coastal area in the port of Lavrion, an investment estimated at 300 million euros, but this is not the…
The vessels will be built by Stena RoRo at China’s CMI Jinling Weihai shipyard and are expected to be delivered in April and August 2027. With a length of up…
In an interview with Mega TV, the minister announced that the maximum fines for violations of the price control measures are being tripled, adding that he has asked the Competition…
OTE’s president and CEO for 14 years, Michael Tsamaz, made his last speech at the company’s annual regular general shareholders meeting on Friday. From Monday, OTE will be headed by…
The president of the Hellenic Shortsea Shipowners Association (EENMA), Charalambos Simantonis, participated in the meeting of the Water Resources Subcommittee of the Special Standing Committee on Environmental Protection of the…
Greece is the champion in agricultural product price increases among European countries in the first quarter of 2024. According to Eurostat data, at national level, most EU countries (21 out…
The surplus value from the planned residential developments in Ellinikon, in a total area of 1.0 million square meters, based on the building surface, is estimated at 1.3 billion euros…
The investment rally of the Greek shipping companies continues, with the orderbook reaching 531 orders. More and more Greek shipowners are placing orders, including George Prokopiou, Vangelis Marinakis, George Economou,…
AVAX Group signed a contract with PPC Renewables for the construction and operation of a 125MW photovoltaic plant in Megalopolis. It is a project with a budget of 42.9 million…
Tsakos Energy Navigation’s value on the New York Stock Exchange has increased by 73% in the last 12 months. The company, which has planned a 2-billion-dollar investment program to green…
