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Monday, 10 June 2024

Official European election results, with 97.03% of votes counted

New Democracy sets to win the European elections on Sunday, followed by SYRIZA, PASOK, Elliniki Lysi and KKE, with 97.03% of votes counted. Niki and Plefsi Eleftherias and possibly Voice…

Sunday, 09 June 2024

European elections in Greece: Final exit poll results

The final exit polls were announced on Sunday as follows:New Democracy, 27.0-31.0% Syriza-Progressive Alliance, 13.8-17.2% PASOK -Movement For Change (PASOK-KINAL), 11.5-14.5% Greek Communist Party (KKE), 8.4-10.8% Elliniki Lysi, 8.4-10.8%…

European elections in Greece: Exit poll results

Exit polls gave the following results at the European elections in Greece:   New Democracy, 28.0-32.0% Syriza-Progressive Alliance, 15.2-18.2% PASOK-Movement For Change (PASOK-KINAL), 10.9-13.9% Greek Communist Party (KKE), 7.9-10.3% Elliniki…

Friday, 07 June 2024

AEGEAN 600: Record participation with 70 sailboats from 25 countries

The 4th AEGEAN 600 (July 5-13) organized for the fourth consecutive year by the Hellenic Offshore Sailing Club (HOSC) with co-organizer the Olympic Marine, will take place on Sunday, July…

PPC approaches telecom providers to test its optical fiber network

PPC’s subsidiary FiberGrid has approached the telecommunications providers – OTE, Vodafone, Nova and Inalan – in order to test the optical fiber network it is constructing. This is an expected…

Ideal Holdings’ strategy plan focused on organic growth and acquisitions

The chairman of the listed company, Lambros Papaconstantinou, pointed out to its shareholders, that the goal of the company is its organic growth, but also its expansion through acquisitions –…

Greece’s economy grew 2.1 on Q1

Greece’s growth rates stood at relative high levels in the first quarter of the year. According to the data released by the national statistics service ELSTAT, Greece’s GDP rose 2.1%…

Saracakis to “Naftemporiki”: Lack of green fuels production and distribution infrastructure

The CEO of Ionic Dimitris Frank Saracakis in an interview with “Naftemporiki” described the major challenges of the road to decarbonization. Tramp shipping, such as the Greek one, does not…

Ellaktor: Higher profitability, scenarios over its restructuring

Ellaktor is mulling scenarios for its restructuring after the sale of the largest part of its assets and the announcement of its profitability. Possible scenarios include the prospect of turning…

TotalEnergies: The Xirokampi photovoltaic plant in operation – 1 GW of renewable energy

TotalEnergies put into operation the 70 MWp photovoltaic plant in Xirokampi, in the Peloponnese. TotalEnergies continues its activity in the Greek renewable energy market that began in 2012. It already…

RRF: 4th request for the disbursement of 1 billion euro funds

The fourth request for the disbursement to Greece of funds amounting to 1 billion euros from the Recovery and Resilience Facility (RRF) for grants corresponding to the achievement of 20…

National Bank, Eurobank, Alpha and Piraeus get the green light for dividend distribution

Eurobank Ergasias Services and Holdings S.A. announced that the European Central Bank (ECB) approved a cash dividend of 342 million euros, or 0.0933 euros per share. This amount corresponds to…

Positive and negative estimates for GDP

Greece is expected to announce on Friday the figures on the course of the Greek GDP in the first quarter, with all eyes on whether the more optimistic forecasts of…

Thursday, 06 June 2024

Metlen: Metka accelerates public and private infrastructure projects

The president and CEO of Metlen, Evangelos Mytilineos, estimated that the operating profits of the infrastructure sector (so far the smallest activity of the company in question) in 2024 will…

Prokopiou to «Naftemporiki»: The right recipe at the right timing

The CEO of Centrofin Management, Yannis Prokopiou, pointed out, in an interview with “Naftemporiki”, that he welcomes the decisions of the International Maritime Organization (IMO), which is the only truly…

Dragnis to “N”: Ordering new ships a very “expensive sport”

Unpredictable situations and the volatile factor determine the shipping markets lately. The drought in the Panama Canal, the war in Ukraine, and the conflicts in the Middle East are among…

‘L’Oréal for the Future’ includes Greece in its program

The French multinational company has included Greece in the L’Oréal for the Future global program, aiming to have a positive impact on both the environment and the society. In this…

Korkidis: Jobs for hundreds of Greeks from the construction of tugboats at the ONEX shipyards

“The return of the country’s shipbuilding units will not be sufficient unless a number of measures are taken to correct distortions and misguided policies of the past. We must protect…

Lamda: Green bond capital to finance green investments amounts to 91 million euros

Lamda Development celebrated the World Environment Day with substantial actions to protect the environment, unfolding through the creation of the new city in Ellinikon, the shopping centers and the marinas,…

ONEX signs deal with Robert Allan exceeding 280 million euros

Two important agreements, one of which concerns the launch of a tugboat line from the two shipyards of the ONEX Group were signed on the sidelines of the Posidonia maritime…

Xenokostas: Syros and Elefsis shipyards are moving into a new era

The transition of Syros and Elefsis shipyards to the new era is a personal bet for the President and CEO of the ONEX Group, Panos Xenokostas. Speaking to “Naftemporiki” about…

Piraeus Bank upgrades its 2024 guidance

Piraeus Bank sees higher profitability to 1.0 billion euros from 0.9 billion euros and net interest income at 2.0 billion euros from 1.9 billion euros.  It also foresees a 25%-30%…

TEN proceeds with the purchase of modern eco-friendly ships

Tsakos Energy Navigation proceeds with the purchase of modern eco-friendly ships, while selling the older ships of its fleet. TEN is committed to having a green fleet by 2030, a…

Wednesday, 05 June 2024

Piraeus Tower: Greece’s first digital and bioclimatic skyscraper

The Tower of Piraeus, an investment which is expected to exceed 130 million euros, was inaugurated on Tuesday afternoon, in the presence of Prime Minister Kyriakos Mitsotakis and the mayor…

Athens International Airport: 18.5% jump in passenger traffic in May

More specifically, traffic in the Athens International Airport reached 3.01 million passengers in May 2024, up 18.5% compared to May 2023. Both domestic and international passenger traffic exceeded last year’s…

United Group: Fiber optic network connects Europe

The Athens-Thessaloniki interconnection, with a new optical fiber network that will unite Southeastern Europe with Western European hubs, was announced by United Group (UG), the parent company of Nova. The…

GEK Terna: Strategic partnership with Microsoft for digital transition and innovation

GEK Terna signed a Memorandum of Strategic Cooperation with Microsoft, ensuring a framework of actions aimed at accelerating the digital transition and achieving the Group’s sustainable innovation and development goals.…

Hellenic Environmental Center signs memorandum of cooperation with SIRC

The Hellenic Environmental Center SA (HEC) signed a Memorandum of Cooperation with the Saudi Investment Recycling Company (SIRC), which is wholly owned by the Public Investment Fund of Saudi Arabia.…

Mitsotakis’ article to ‘Naftemporiki’: Steadily, closer to Europe with focus on investments

Five years since the 2019 European elections, but also five years since the first election of New Democracy in the government, we are called upon to vote again on June…

PPA: Dynamic presence in Posidonia 2024

The Piraeus Port Authority (PPA) stands out for another year at the top international shipping exhibition Posidonia 2024. The company’s stand attracts a large number of visitors from Greece and…

IPTO: Greece-Cyprus electrical interconnection reduces the cost of electricity for Cypriots by 30%

The operation of the electrical interconnection Greece-Cyprus “Great Sea Interconnector” in 2030 will bring savings of at least 30% on the electricity bills of Cypriot consumers, according to the updated…

Petalas to Naftemporiki TV: Inflation to de-escalate

“We are optimistic because we believe that this de-escalation in both food and inflation as a whole will continue next month,” the general manager of the Union of Greek Supermarkets,…

Mytilineos renamed Metlen Energy & Metals; strong “imprint” at a national and international level

A new era begins for the Mytilineos Group as the shareholders’ general meeting approved the new company name. The new name ‘Metlen Energy & Metals’ reflects, as the CEO of…

Tuesday, 04 June 2024

New digital application ‘niologio.gov.gr’ to streamline registration and nationality documentation process

The new digital application, “niologio.gov.gr“, designed to streamline the registration and nationality documentation process for Greek deep-sea vessels was unveiled during the opening of “Posidonia 2024” maritime exhibition. Maritime Affairs…

IOBE: Economic sentiment rises, consumer confidence slightly falls

Greece’s economic sentiment index rose to 111 points in May from 108.8 points in April, according to the survey of the Economic and Industrial Research Foundation (IOBE), adding that the…

Greece’s gambling market moved upwards in Q1

According to the data of the Hellenic Gaming Commission, the turnover of TGR in legal gambling (OPAP, lotteries, racecourse, Internet, casino) during the months of January, February, March 2024 moved…

Posidonia 2024: Strategic autonomy of the EU through Greek shipping

“Posidonia 2024” opened its gates on Monday at the Metropolitan Expo. The largest international maritime exhibition is expected to last until Friday, June 7. Announcing the opening of the exhibition,…

IBIA hosts reception preceding Posidonia

The International Bunker Industry Association hosted a distinguished reception in Athens, Greece, on Sunday, 2 June, at the Official Residence of the South African Embassy. This event provided a remarkable…

Eurobank: Takeover bid to the shareholders of Hellenic Bank

Eurobank announced the increase of its holding in Hellenic Bank to 55.3% and the submission of a takeover bid to the shareholders of Hellenic Bank. Following the receipt of the…

Howden committed to continuing its investments in Greek shipping

Howden, an insurance and reinsurance brokerage company in Greece, is committed to continuing its investments in Greek shipping, with “high quality insurance services and solutions that meet the needs of…

Shipping: The Greek-owned fleet ranks first

Greek shipping ranks first in the world and is mainly focused on bulk/tramp shipping. However, it has a significant presence in all shipping sectors. Greek shipowners control over 20% of…

Greece and France sign declaration of intent for cooperation in the maritime sector

A declaration of intent for cooperation in the maritime sector was signed by the Minister of Maritime Affairs and Insular Policy Christos Stylianides, the Minister of Environment and Energy, Theodoros…

Mitsotakis pledges to support Greek shipping

Prime Minister Kyriakos Mitsotakis sent a message of support to Greek shipping while addressing the opening ceremony of the “Posidonia 2024” exhibition, while he reiterated the country’s commitment to the…

Monday, 03 June 2024

mAiGreece: The new digital tourist assistant is ready-Information in 31 languages

The application, implemented with the support of the Ministry of Digital Governance, works as a digital travel assistant and uses artificial intelligence technology, providing the user with an interface that…

Tourist traffic is expected to move almost at same levels as last year

This year’s tourist traffic is expected to move at the same levels as last year, with a slight upward trend, according to hotel industry estimates. However, several areas are expressing…

Greek manufacturing sector shows improvement; problems remain in supply chains

According to the survey, output growth in the Greek manufacturing sector remained high in May, although supply chain disruptions weighed on the upward trend and led input costs higher. Supply…

Travlou to «Naftemporiki»: Greek shipowners are leading the way in green transition

The economic and social footprint of Greek shipping, both in Greece and in the global community, is described in an interview with “Naftemporiki” by the President of the Union of…

Ellinikon Mall, Riviera Gallery and Mixed Use Tower underway

Lamda Development is about to start the construction of three development projects in Elliniko, with a total initial budget of 1.552 billion euros. This is The Ellinikon Mall (formerly Vouliagmenis…

New Greek agreements for bulk carriers

Minerva Shipmanagement announced the renaming of the company to MyBulk Shipmanagement, entering a new era. The shipping company recently received the modern bulk carrier, kamsarmax type, Meltemi (formerly Kuno Oldendorff),…

Strengthening of maritime cooperation between Athens and Cairo

The Greek-Egypt Joint Committee on Maritime Affairs met in Alexandria, with the participation from the Greek side of the Secretary General of Ports and Port Policy Evangelos Kyriazopoulos, Secretary General…