Eight investment groups have submitted an expression of interest for the acquisition of a majority stake in Lavrio Port Authority SA, according to the Hellenic Republic Asset Development Fund (HRADF).…
Intralot focuses its future course on its renewed strategy and its international presence, the company’s management emphasized during the annual regular general meeting of its shareholders. The company is generating…
Financing for shipping companies will become more expensive and more difficult following the implementation of Basel IV regulations to banking institutions from January 1, 2025, members of the Shipping Department…
Greek shipping company, Contships Management, has succeeded in becoming the largest independent management company of feeder type containerships, with carrying capacity from 800 to 1,500 TEUs. The global financial crisis…
A series of deals, acquisitions and mergers is underway at the Athens Stock Exchange, helping the Greek market to improve its valuations and strengthen its position. The agreement with the…
Energean Group CEO, Mathios Rigas, underlined the need for the European Union and the governments to take specific decisions immediately on the research and development of local deposits, in order…
Cenergy Holdings announced satisfactory growth in cables and steel pipes performance during the announcement of its financial results in the first quarter of 2024. More specifically, the company made a…
The lack of skills that the Greek economy needs was highlighted in a recent study by EY Greece, the E-Business Research Center (ELTRUN) of the Athens University of Economics and…
Bank of Greece governor, Yannis Stournaras, has expressed concern over the consequences of a hot summer on food prices. “Excessive temperatures puts upward pressure on food prices,” he underlined. Speaking…
Intracom Holdings will expand to the insurance market, acquiring a majority stake in Europe Asfalistiki, for a price of 46.5 million euros. It will then proceed with its listing on…
The shipbuilding program of Diana Shipping Inc, listed on the US stock exchange, is in full progress. The company has signed a contract for two 81,200 dwt, dual-fuel methanol dry…
New business registrations reached 39,128 in all sectors of the country’s economy during the first quarter of 2024, up 14.4% compared to the first quarter of 2023, when 34,213 new…
TERNA Energy announced a 37.6% rise in revenues and a 54.3% rise in net profitability in the first quarter of 2024, following the increased installed capacity and the normalization of…
Danaos Corporation signed new multi-year charters for the containerships of its fleet by expanding, at the same time, its footprint in the market of bulk carriers. The US-listed company added…
The government wants a robust banking system, with competition among banks, Economy and Finance Minister, Kostis Hatzidakis, said during his speech at the event for the presentation of the new…
MYTILINEOS and Keppel DC REIT have signed two long-term power purchase agreements (PPAs) to provide energy generated from two solar farms in Ireland to Keppel DC REIT’s two Dublin facilities.…
Initially, Atlas Maritime has reportedly signed a letter of intent (LOI) with the South Korean shipyard DH Shipbuilding for the construction of two additional Suezmax tankers, with a capacity of…
Alternate Finance Minister Nikos Papathanasis announced the launch of the new Entrepreneurship Fund, TEPIX III, at a press conference at the offices of the Hellenic Development Bank. It was preceded…
Thrace Group is expected to record a 6% increase in EBITDA at 46.6 million euros in 2024 compared to 2023, according to the new report of Eurobank Equities. At the…
Prime Minister Kyriakos Mitsotakis described the progress of the Greek economy as positive, despite the international turmoil. Speaking at the Conference of the International Organization of Capital Market Supervisory Authorities,…
The “important environmental and green dimension” of the Recovery and Resilience Fund (RRF) was highlighted by the Minister of National Economy and Finance, Kostis Hatzidakis, speaking at the 14th Annual…
Greece and Portugal “figured” as “elite” members of PIGS in terms of public debt about 14 years ago. However, they seem to be doing much better today than other countries.…
AEGEAN completes 25 years of dynamic progress, and celebrates with its passengers, its people and all those who contributed to its development, realizing the vision of its founder, Theodoros Vassilakis,…
Aria Hotels, a subsidiary of the Libra Group, are pioneers in the design and construction of vertiports for electric vertical take-off and landing (eVTOL) aircraft, as part of a 50…
As Brussels is considering sanctions on Russian liquefied natural gas (LNG), its exports have seen significant growth this year, boosted by demand in China, Japan, France and Spain. According to…
Beer consumption is expected to move upwards in 2024 compared to the previous year. In terms of sales volume, consumption was close to 4 million hectoliters in 2023. “The weather…
Air France has added direct flights from Paris to Kalamata in its program for this summer, reflecting the high interest of French travelers in the southwestern Peloponnese. The flights will…
The revenues of the state budget moved significantly above the target in the first quarter of the year, based on the data published by the Ministry of Finance. Primary Surplus…
Noval Property (Viohalco group) enters the final stretch for listing on the Athens Stock Exchange, consolidating its real estate portfolio and its further development with investments of 340 million euros…
The management of OTE continues its attempt to sell its 100% subsidiary in Romania, Telekom Romania Mobile (TKRM), having contacts with a new buyer. This is West Network Invest S.R.L.,…
Investments with a total value of 600 million euros are underway at H.I.G. Capital Advisors in logistics and hotels with Inventio, which manages them, while at the same time considering…
In June 2010, the Skaramagas Shipyards, the Elefsis Shipyards and the Syros Shipyards had a joint presence at the world’s largest shipping exhibition Posidonia. The crisis in shipping and Greece’s…
Wego, the number one travel application and platform in the Middle East and North Africa, has announced a new partnership with the Greek National Tourism Organisation (GNTO), aiming to promote…
Mytilineos Group is planning a dual listing on the London Stock Exchange and will invest 3.3 billion euros over the next four years in Renewable Energy projects in Italy, the…
Passenger traffic rose 12.2% and aircraft traffic 6.4% at all Greek airports in the first four months of 2024, according to data from the Civil Aviation Authority (CAA). More specifically,…
Mytilineos’ CEO, Evangelos Mytilineos, condemned European policies affecting the sustainability of the industry, speaking at the 14th State of the Union 2024 Conference organized by the European University Institute in…
The company Grecian Magnesite focuses on the market of industrial minerals, specializing in magnesia. In particular, the company ranks among the leading magnesite producers in the world, with a staff…
The wider Mediterranean region is a safe cruise destination, with Greece included as one of the most important destinations throughout the year, due to its climate. Despite the fact that…
Volatility is the main characteristic of the Athens Stock Exchange, as the recent climb of the General Index to 1,500 points, combined with the “cloudy” prospects surrounding the timetable for…
The prices of “green” tariffs are expected to move to significantly higher levels in June compared to May, following the increases in electricity wholesale prices. The indications so far in…
Aiming at attracting a wider share of the Chinese tourist market to Attica, the regional governor, Nikos Hardalias, is visiting Shanghai, within the framework of the international exhibition ITB China…
Around 55,000 new jobs are expected to be created in the construction sector amid the prospect of strong growth in domestic construction activity in the coming years, Deputy Minister of…
Motor Oil has surged to an all-time high, with its core business exceeding 3 billion euros for the first time in its history. More specifically, the Group’s share price has…
Greece’s Development Ministry imposed administrative fines of a total amount of 305,000 euros on servicers and debt collection companies for violation of the relevant legislation. More specifically: – A fine…
Promoting the importance of safety regarding shipping decarbonization requires the cultivation and development of soft skills as well as the continuous training and retraining of workers in new technologies. This…
Laboratory doctors continue to abstain from their jobs for the third week, demanding the abolition of clawback. The future of their mobilization will be decided at the nationwide teleconference to…
The management of the Quest group gave a positive outlook for the entire year of 2024, speaking of a slight increase in sales and profitability at the same level or…
Following the strong momentum of 2023, Aegean continued its growth course with a further increase in capacity in the winter months as well. According to a related announcement, the Group…
Seven high-profile placements, with a total value of 3.1 billion euros, have taken place on the Athens Stock Exchange, proving in practice the high attractiveness of domestic assets. The recent…
Τhe need to amend the regulatory framework in order for the Greece-Cyprus-Israel electrical interconnection project to proceed smoothly, was underlined by the chairman and CEO of the Independent Power Transmission…
