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Friday, 28 Ιούνιος 2024

Athens Stock Exchange – Construction: The 5+2 listed with returns of up to +25% in 2024

The construction sector continues to offer high returns on the Athens Stock Exchange, as the listed companies continue to take advantage of the projects carried out throughout the country, enhancing…

Thursday, 27 Ιούνιος 2024

Stassis (PPC): EBITDA target for 2024 at 1.8 billion euros

PPC Group’s strategic aim to meet the upgraded EBITDA target at the end of 2024 was underlined, among others, by the President and CEO of PPC George Stassis, speaking at…

Digital Realty: The construction of the HER1 data center in Crete is progressing – The largest digital hub in the S/E Mediterranean

The construction of the state-of-the-art data center Heraklion-1, in Heraklion, Crete, is making rapid progress, as announced by Digital Realty, world leader in the market of neutral data centers, colocation…

Public plans investments of 30 million euros over the next three years

Public Group implements an ambitious investment plan of 30 million euros over the next three years. The plan includes strengthening the network of Public + home stores in Greece and…

Strong building activity in March – Almost 40% jump in building permits

More specifically, 3,756 building permits were issued, corresponding to 873,036 sq.m. of surface area and 3,285,556 sq.m. volume. Construction activity increased by 39.8% in terms of the number of building…

Ferry companies’ fares under the microscope

The Ministry of Maritime Affairs and Insular Policy is proceeding with the intensification of inspections on all coastal shipping lines during the summer season, while it has requested the cooperation…

Athens stock market: 6+6 stocks that do not follow the recent bullish trend

The Athens Stock Exchange maintains a double-digit performance in the last 12 months, which reaches +11%. However, there are 6+6 Cap and Midcap stocks which have so far not followed…

Negotiations over 4-year Medium-Term Fiscal Structural Plan

Negotiations with the European Commission will begin in the next period in order to finalize the goals and integrate them into the 4-year Medium-Term Fiscal Structural Plan that will be…

Consumer Ombudsman: Complaints up 43% in first five months

Complaints to the Consumer Ombudsman increased by 43% in the first five months of 2024 compared to the corresponding period last year. More specifically, the trade sectors with the most…

PPC Group: Merger of companies in Romania for more efficient operation

PPC Group decided the simplification of the organizational structure of its companies in Romania, aiming at a more efficient management, greater flexibility and faster service delivery to customers. Specifically, in…

GEK TERNA: Peristeris “sees” operating profit of 700 million euros in 2028

GEK Terna’s CEO, George Peristeris, “sees” an operating profit of 700 million euros for 2028, following the agreement to sell Terna Energy and the assumption of important concessions (Egnatia Odos,…

Wednesday, 26 Ιούνιος 2024

Iktinos Marble: Positive estimates for 2024 – New projects in the US and Asia

Iktinos is positive about its performance so far in 2024, stressing that the current financial year will be a good year compared to 2023 which was a difficult year for…

Conference tourism: Strong interest by the British MICE market in Greece

Conference tourism generates more than 2.5 billion euros every year in Greece. The sector’s revenue can double in the coming years, while it contributes significantly to the extension of the…

Seeking funds for coastal and short sea shipping

The countdown has started for Greek shipping which must renew its fleet with ships having a low environmental footprint. From 2030, the exemption of Greek shipping (outside of Crete) from…

Clothing: Exports on positive track after 1.5 years of downward trend

A small increase of 1.7% was recorded in the exports of the clothing-textile industry chain in April, according to data from the Hellenic Fashion Industry Association (SEPEE). In total the…

Eurosystem and ECB portfolios steadily decarbonising, climate-related disclosures show

The European Central Bank (ECB) has published its second set of climate-related financial disclosures, which provides information on the carbon footprint of its portfolios and their exposure to climate risks,…

Plaisio enhancing its network

Plaisio continues to strengthen its network, renovating its stores throughout the territory and at the same time boosting their product range. According to the company, the fully renovated stores now…

Athens Stock Exchange – Energy: 21 billion euros the value of the 6+3 listed companies 

The energy sector continues to attract the investors’ interest on the Athens Stock Exchange, while the successive deals create the conditions for further improvement of the valuations. The recent agreement…

“Made in Germany” the 88th TIF, with high expectations for new Greek-German collaborations

“Made in Germany” 88th TIF aspires to be a milestone for the further strengthening of Greek-German economic cooperation. This year’s TIF, with Germany as the Honored Country, as the CEO…

Athens hotels: Annual occupancy increase of 4.8% in May – Average room rate at 127 euros

Hotels in Athens recorded an average occupancy rate of 72.3% in the first five months of 2024 compared to 68.9% in 2023. In May, occupancy rates stood at 86.2%, lower…

Intrakat’s strategic planning focuses on PPP, RES investments and acquisitions

The Intrakat Group’s strategic planning for the coming years, which includes the expansion of the PPP and Concessions portfolio, investments in Renewable Energy Sources (RES), strengthening the presence in the…

Bank of Piraeus cooperates with Dimand in four important projects

The managing director of Piraeus Bank, Christos Megalou, and the managing director of Dimand, Dimitris Andriopoulos, announced four important projects – developments on the sidelines of their strategic cooperation, as…

Tuesday, 25 Ιούνιος 2024

The value of upbringing

Imagine a world where everyone grows up with strong emotional skills, resilience, and a clear sense of right and wrong. Individuals nurtured in supportive environments are better equipped to handle…

Attica Group keeping its leading role worldwide in transport capacity

Attica Group remains a leader in the passenger shipping industry, occupying the second position worldwide in passenger carrying capacity, with the operation of 45 ships in 4 countries, 63 unique…

AEGEAN “Best Regional Airline in Europe” at the World Airline Awards 2024

At the same time, it ranked second among the best airlines in “The World’s Best Regional Airline 2024” and third in the ranking for “The Best Airlines in Southern Europe…

Blue economy and Piraeus Port

Piraeus port-city is in Attica, in southern Greece. Piraeus municipality is the 5th largest in Greece. The city was founded in early 5th century BC. Today, is a large city,…

OTE turning a new page

OTE Group has streamlined its finances, created new sources of revenue, by expanding into areas such as IT and communications projects, and transformed itself into a modern technology company with…

Greek Tech Startup Ecosystem: The Midas Touch

There are undoubtedly many talents of Greek origin, part of which makes up the Greek ecosystem of tech start-ups, which have been spotted by tech talent hunters. However, the bet…

Peristeris: The immediate benefit of 260 million euros and the next day – without Terna Energy

George Peristeris, CEO of GEK Terna, has undoubtedly attracted a lot of attention over the last days following the conclusion of the largest energy deal in the history of the…

Hellenic shipping is on renewal track with newly built ships

Although geopolitical conditions continue to greatly affect international shipping and bank interest rates remain at relatively high levels, the Greek fleet is being renewed with newly built high-tech ships and…

“Naftemporiki” awarded the title “European Newspaper of the Year 2024”

“Naftemporiki” was awarded the title “European Newspaper of the Year 2024” in the context of the European Newspaper Award 2024 competition. During a ceremony held at the Palais Niederoesterreich in…

Alimos Marina gets the green light for its construction

The Ministries of Environment, Energy and Tourism signed the Joint Ministerial Decision for the approval of the Alimos marina and the environmental conditions. The marina will have the possibility of…

Friday, 21 Ιούνιος 2024

7.2-billion-euro deals changing the energy “map” in Greece

The energy sector of the Athens Stock Exchange has attracted the investors’ interest over the last nine months, with the agreement of the Arab Masdar for the acquisition of Terna…

Stassis (PPC): The risk of bankruptcy, the total comeback and the dividend of 95 million euros

July 2015 was the last time that PPC distributed a dividend of 0.05 euros/share. For the next nine years, the company did not pay a dividend. However, on July 27,…

Chinese shipyards’ plans for next-generation ships

China’s shipyards are focusing on the optimal design that will allow lower consumption and, by extension, the installation of energy-saving devices, while developing the next generation ships. At the same…

Iktinos committed to its business plan and return to profitability

Iktinos’ performance so far involves return to profitability, a steady course according to its business plan, new projects abroad and an increase in production. The management, however, underlined that the…

GEK Terna: Available funds for investments amounting to 3 billion euros

GEK Terna Group has available funds for investments amounting to about 3 billion euros, following the agreement to sell its subsidiary Terna Energy to Masdar, based on its total valuation…

ESM for Greece: Reforms and prudent policy to maintain positive momentum

Despite strong growth, declining inflation and unemployment, Greece should remain committed to continued reforms and prudent fiscal policy to maintain its growth trajectory. This is the message of the European…

PPA among Greece’s most sustainable companies

Piraeus Port Authority (PPA) was included for the third consecutive year among the most sustainable companies in Greece based on the evaluation of QualityNet Foundation. PPA is distinguished for its…

Janos Boka, Hungarian Minister of EU Afairs to “N”: New dynamism to the European Union economic competitiveness

“The core priority of the Hungarian presidency will be to give new dynamism to the European Union economic competitiveness,” the Hungarian Minister of European Affairs, Janos Boka, said in an…

HEDNO: Upgrading services by digitizing its network

Faster repair of faults and optimization of service quality are the important benefits for customers from the digitization of the Medium Voltage network completed by the Hellenic Electricity Distribution Network…

Intracom Telecom undertakes AIA physical security project

Intracom Telecom undertook the project for the physical security of the Athens International Airport (AIA). The company will use the SISC2 Command Control and Operations Coordination platform to create a…

Thursday, 20 Ιούνιος 2024

Energean: Carlyle buys portfolio in Egypt, Italy, Croatia – Up to 945 million dollars

The company has agreed to sell its portfolio in Egypt, Italy and Croatia to Carlyle International Energy Partners for up to 945 million US dollars and no less than 820…

Profile: The 130-million-euro value, the 180% rally and the next big thing in technology

When in the early 90s, Charalambos Stasinopoulos started his career in the software industry, founding Profile, cοuld not imagine that he had a project worth 130 million euros in his…

The historic Hilton is renamed “The Ilisian” – Investment of 340 million euros by TEMES

The historic Hilton hotel is reconstructed and renamed “The Ilisian”, the president of TEMES, Achilleas Konstantakopoulos, said while presenting the new destination that is being developed in Athens. It is…

Hatzidakis: New incentives for mergers

The main goal is to create larger and more dynamic companies that can be competitive at an international level and at the same time offer more and better jobs. In…

Athens Riviera Summit 2024: New players but also obstacles in the field of hospitality

The demand for investments in the hospitality sector in Greece is increasing with new “players” entering the market, including international brands, while at the same time strong Greek chains are…

Terna Energy signs deal with Masdar

Abu Dhabi Future Energy PJSC – Masdar, a leading company in the UAE’s clean energy, announced the conclusion of a definitive agreement with GEK TERNA and other shareholders of TERNA…

Conference tourism: At least 1 billion euros in lost revenue due to lack of infrastructure

The conference tourism sector in Greece is estimated to contribute more than 2.5 billion to the national economy, an amount which in the medium term under certain conditions could reach…

Tanker prices on secondary market show signs of stabilization

Tanker prices on the secondary market have shown signs of stabilization over the last weeks, with some deals closing at lower levels. “There is the belief that the market has…