The Chinese company Yutong, manufacturer of commercial vehicles, mostly electric buses, whose management has established a subsidiary company in Greece, seeks to consolidate itself in Europe. The first electric buses…
The dry ports of the Thessaloniki Port Authority (ThPA S.A.) are put into operation again in the Balkans, as it emerged from the regular annual general meeting of the company’s…
The price of coffee is expected to increase by 10% – 20% in the next period, the president of the Greek Coffee Union, Tasos Giagoglou, said in an interview with…
Τhe European Commission is expected to announce the new four-year fiscal restrictions which will not focus on primary surpluses, as was the case until now, but on public spending changes.…
Α 3% percentage of Jumbo’s share capital changed hands, as the head of the listed company, Apostolos Vakakis, proceeded with a pre-agreed sale of 4 million shares at a price…
In the time period we are currently living in, following the global challenge of Covid-19, it is clear that the Greek health system, both in the public and private sector,…
A new partnership for codeshare flights was announced by Aegean and Saudia, the airline of Saudi Arabia, during the Arabian Travel Market 2024 (ATM) in Dubai. This new commercial partnership…
The distribution of dividends will largely determine the way that banks will manage their liquidity. Regarding the National Bank of Greece (NBG), the Hellenic Financial Stability Fund (HFSF) still holds…
Titan announced that it intends to proceed with a US stock market listing of the Group’s subsidiary, Titan America, raising funds that will facilitate the financing of the future growth…
The current week includes three more trading sessions, with the domestic market remaining in an Easter mood. Of course, this not has not prevented the Athens Stock Exchange General Index…
The IT sector exhibits intense activity, with a series of acquisitions and mergers in the last three years, which is expected to affect, to a certain extent, the correlation of…
Shoes and leather goods with “ecological” leather, swimwear and bath towels mainly for children, keyboards and computer “mouses”, are some of the industrial products that will be checked, to ensure…
Leading shipowners will address the 8th Naftemporiki Shipping Conference, which will take place on Wednesday, May 15, 2024 at the Stone Warehouses of the Piraeus Port Authority (PPA). Leading Greek…
Almost a third of Greek shipping loans come from Greek or Cypriot banks. In particular, according to the latest research by Petrofin Research, the total loan portfolio of Greek shipping…
The weighted average interest rate on new deposits remained unchanged at 0.53% in March 2024, while the corresponding rate on loans increased to 6.24%, the Bank of Greece said. The…
The Athens Stock Exchange is climbing to new 13-year highs on Wednesday, the first trading session after the Easter holidays, bridging the distance from the next threshold of 1,500 points.…
The Easter turnover, including travel, food and accommodation services, will be recorded by the Hellenic Statistical Authority (ELSTAT) in the monthly statistics of April and May, confirming the estimate that…
Global solar and wind energy installations have been on the rise in recent years as efforts for the so-called “green transition” are in full swing. Thus, for the first time,…
The tanker orderbook in relation to the active fleet has climbed to its highest level in five years, driven by a spectacular increase in newbuilding investment since the second half…
Representatives of domestic retail, industry and consulting companies pointed out to “Naftemporiki” the risks and challenges that may accompany the imminent implementation of a single harmonization framework. Rationalization The European…
The Revythoussa terminal is expected to have fewer cargoes in May than originally planned. As competent sources of the Administrator reported to “Naftemporiki”, May will ‘close’ with 2 loads compared…
A catalytic factor for the future of Europe is the production and processing of raw materials on European territory, the Association of Mining Companies pointed out in an open letter…
Greek shipowners play a leading role in the international transport of liquefied natural gas, investing in a market with particularly positive prospects. According to shipping brokerage sources which monitor the…
2024 will be the year of a complete return of global tourism and air transport to pre-pandemic levels, the president of the federation of travel agencies in Greece Fedhatta, Lysandros…
Successive multi-million-euro investments have been announced in the real estate sector over the last months, with new residential and tourist developments opening one after the other, from the northern suburbs…
MSCI is expected to announce its index review on Tuesday, May 14, 2024. In the MSCI Greece Standard Index, interest is now focused on ELPE’s share, as it seems to…
The improvement in the profit margin in the listed large construction groups combined with the high backlog contribute to the positive assessment for the course of the sector in the…
Listed companies, along with banks, saw a profit explosion in 2023, as they achieved net profits of 10.34 billion euros, up 12.8% compared to 2022. The listed companies achieved the…
Greece’s energy sector is in the spotlight amid strong activity by major energy groups, which are either “repositioning” themselves in the domestic market – through purchases or sales of assets…
As Giorgos Bassakos, an analyst in the sales department of the shipping brokerage HellasChart, stated to “Naftemporiki”, the massive rerouting of ships from the Cape of Good Hope to avoid…
More than 250,000 POS – cash register connections were implemented by the enterprises, meeting the goal set by the National Economy and Finance Ministry and the Independent Public Revenue Authority…
Aegean Airlines will distribute a dividend for the first time in four years for the financial year 2023. During the annual general meeting, the company’s chairman, Eftichis Vassilakis, said that…
Asia remains the largest importer of liquefied natural gas in the world. China, Japan and South Korea imported 44% of total trade in 2023. However, while these countries are among…
The construction of an underwater and terrestrial EMC (East To Med Data Corridor) data transmission cable system connecting Asia to Europe enters the construction phase following the recent signing of…
Greece’s economy remains resilient, according to the OECD’s six-monthly report (Economic Outlook). More specifically, it is expected to grow at a rate of 2% in 2024 and 2.5% in 2025…
“The safety of coastal shipping is our first priority,” Minister of Maritime Affairs and Insular Policy Christos Stylianidis said on Thursday after visiting the port of Piraeus and specifically the…
The gradual reduction of cash reserves, which amounted to 36.5 billion euros at the end of March, is included in the 2024-2025 Stability Programme submitted by the National Economy and…
Ellaktor owns 96.0684% of the total share capital and voting rights of Reds. Following the decisions of Ellaktor Group, an extraordinary general meeting of Reds was scheduled for May 22,…
Τhe Athens Stock Exchange stands at the highest levels of the last 13 years, amid a generalized buying euphoria, which is also reflected in the performance of more and more…
The Independent Authority for Public Revenue (AADE) has launched an electronic “war” against tax evasion, intensifying digital controls, with the aim of reducing the tax gap in income and VAT.…
The full Medium-term fiscal-structural plan covering the years 2025-2028 will be submitted, based on the new fiscal rules, in September 2024. According to the forecasts included in the programme, the…
Coca-Cola HBC AG said on Tuesday its net sales revenue, on an organic basis, rose 12.6 % in the first quarter of 2024, with continued progress of our 24/7 strategy.…
State Budget net revenues amounted to 16,823 million euros for the period of January-March 2024, showing an increase of 430 million euros or 2.6% against the target of the corresponding…
More specifically, Morningstar DBRS has assigned National Bank of Greece a Long-Term Issuer Rating of BBB (low), rendering the Bank the first to regain investment grade status after nearly 15…
GEK TERNA said its revenues amounted to 3,499.2 million euros in 2023 compared to 3,938.3 million euros in 2022, in line with the normalization of conditions in the energy market,…
Greece has the second lowest employment rate in the EU and at the same time the Greeks are in second place, among the European partners, with qualifications higher than those…
SKY express now has 27 aircraft – 17% more than in 2024 – while the company maintains the privilege of having the newest fleet in Greece with an average age…
Plaisio continues to extend the range of white appliances in its network of stores, claiming larger market shares in the sales of specific household appliances, which is one of the…
The Piraeus Port Organization is making significant changes to the composition of the Board of Directors by appointing a new President, Mr. LIN Ji, and a new CEO, Mr. SU…
Terna Energy announced a 10% increase in revenue and 8.3% rise in adjusted operating profitability in 2023, mainly as a result of the greater installed capacity due to the gradual…
