The president and CEO of MYTILINEOS Energy & Metals, Evangelos Mytilineos, had a series of contacts in Canada over the last days. In a meeting with Greek Prime Minister Kyriakos…
The Public Power Corporation (PPC) announced that it completed the acquisition of an 84 MW wind farm in Romania through its subsidiary PPC Renewables. According to the announcement, the company…
Greek shipowners proceed with deals for the construction of newly built tankers, continuing the investment rally that started last year, with focus mainly on medium-sized tankers. Chinese shipyard Zhoushan Changhong…
The penetration of pay TV in Greece is stuck at 29%, according to the official data collected by the international company (technology analysis and consultancy) Omdia. Among the 17 European…
GEK TERNA announced, following as well a relevant inquiry from the Hellenic Capital Market Commission, that has been declared provisional concessionaire through an international competitive tender for the project of…
IUMI Ocean Hull Committee Chair Ilias Tsakiris speaking in London stressed the need for resilience and innovation amid threats to the supply chain and energy transition. He called on marine…
Oriani Hellas successfully completed the Maritime Innovation Conference “Navigating Excellence: The Norwegian – Greek Maritime Innovation Summit”, which took place on March 13 and 14 at the Museum of Cycladic…
The state budget balance for the period of January-February of 2024 presented a surplus of 1.437 million euros, compared with a target of a surplus of 101 million euros that…
Hotel investments continue unabated in Greece, both in popular tourist resorts and in the two largest urban centers, Athens and Thessaloniki. New hotels and resorts of Greek and foreign tourism…
Despite the fact that these are the “pariahs” of the Athens Stock Exchange, this year’s rally seems to be affecting the valuations of even the problematic companies on the market,…
The decision for the launch of the projects concerning the upgrading of the infrastructure of the Alexandroupolis port, following a request from the port organization, has been issued. The upgrade…
The mutual will to strengthen bilateral relations between Greece and Canada, with an emphasis on economic and commercial cooperation, was confirmed during the recent meeting between the Greek Prime Minister…
Alumil is proceeding with the creation of a photovoltaic park in a parking lot (“solar carport”) at its offices in Nea Efkarpia, Thessaloniki, with an investment of 1 million euros,…
The Greek Merchant Fleet decreased by 0.2% in January 2024 compared with January 2023, according to the Hellenic Statistical Authority (ELSTAT). Ιn January 2023, a decrease of 0.5% was recorded…
In January 2024, the current account registered a surplus of 1.7 billion euros compared to a deficit in January 2023, the Bank of Greece (BoG) said. Exports plunge, imports drop…
The head of EYDAP’s Sewerage Directorate, Konstantios Vougiouklakis, said during a press briefing that the investments relate to the expansion – construction of drainage networks in new areas and upgrading…
The decision of the Bank of Greece (BoG) to impose a ceiling on mortgage loans reflects European officials’ concerns over a potential rise of bad loans. It also explains the…
“Those who estimated that Moody’s would upgrade the Greek economy are not familiar with these issues. We didn’t expect it,” Minister of National Economy and Finance, Kostis Hatzidakis, said in…
Motor Oil and the National Center for Scientific Research “Demokritos” have signed a cooperation agreement in emerging technologies, supporting innovation but also enhancing security in matters of critical infrastructure. The…
“The major problem that small and medium-sized enterprises (SMEs) in Greece are facing today is the lack of financing,” according to the president of the Athens Chamber of Tradesmen, Ιοannis…
The Finance Ministry presented the new criteria for the Golden Visa amid housing pressure in the Greek market. The most important change – confirming the naftemporiki.gr report – is the…
BA Glass Greece announces the decision to cease the production activities at its plant in Athens, effective as of the end of March. This hard decision comes as a result…
The Greek map of the earth’s resources for spa tourism and wellness was included in an extensive study conducted by the Hellenic Geological and Mineral Research Authority (EAGME), with an…
The lack of infrastructure in ports makes it difficult for ships to adopt CO2 capture and storage technology. This particular technology is considered to be one of the leading in…
Energean recorded an increase in production in the first two months of the year. More specifically, production reached 144 kboe per day in January – February. Operational Highlights – First…
The plan for the evolution of Audio Visual Enterprises (AVE), main shareholder of Retail and More, into a purely Food and Beverage group from 2025 is in full implementation, with…
Large financial centers in Asia and the US, but also strong European economies appear at the top of the Economist Intelligence Unit (EIU) list of the most business-friendly destinations. Greece…
When the Houthis attacks in the Red Sea began a few months ago, all analysts sounded the alarm about the possible effects on the port of Piraeus. However, the port…
GEK Terna is expected to announce the sale of Terna Energy in the following few weeks, a move that will bring significant liquidity to the construction-energy Group for its next…
National Bank of Greece successfully completed the placement of 500 million euro Subordinated Tier II bonds in the international capital markets with a yield of 5.875%. The bond matures in…
Israeli investments in the 4th generation ThessINTEC Technology Park in eastern Thessaloniki are expected to reach 200 million euros, through the Memorandum of Cooperation signed by the park’s developer with…
A strong interest has been recorded in second hand capesize bulk carriers during the last month. “Shipowners buy a number of used capes,” the president and managing director of Seanergy…
Protergia promotes the sustainable consumption of energy for its activities with the support of Mytilineos, while at the same time it works to create new services aiming at reducing energy…
New, important projects to strengthen the reliability and resilience of the Transmission System and to serve the increasing penetration of RES (onshore and offshore) are included in the Independent Power…
Investments in optical fibers (FTTH), prices in telecommunications services and pending subsidies were discussed, among other things, in a meeting held between the Minister of Digital Governance, Dimitris Papastergiou and…
French company Reden, an international photovoltaic manufacturer and electricity producer, announced its expansion in Greece, strengthening its commitment to sustainable energy production and development of the local community. Founded in…
There is little chance that the member states of the International Maritime Organization (IMO) will reach an agreement on the adoption of a market-based measure on carbon dioxide, as part…
The tender of the Hellenic Financial Stability Fund (HFSH) for the exploitation of the port of Lavrio changes the landscape in the port market of Greece and the entire Mediterranean,…
Farmers in Thessaly would rather turn to vegetables and fruits instead of cotton and corn in the next six years in order to ensure their survival, according to Dutch experts…
TetraPak announced new investments with a focus on recycling as part of its business activity. The company is making new strategic investments that will significantly boost recycling in Europe, supporting…
The rapid development of new technologies and the ever-increasing optimization observed in the application of artificial intelligence tools, compose a new reality in which modern social and economic life is…
The construction of Microsoft’s first Data Center in the wider area of the Eastern Attica Regional Unit is about to begin, with the collaboration of RENCO and TERNA S.A. The…
PPC’s entry into the telecoms sector through the offer of wholesale fiber to homes and businesses (FTTH) by 2024 is changing the landscape. The aim is the fastest possible coverage…
National Bank of Greece (NBG) announced the launch of a voluntary cash tender offer on March 19, 2024 in respect of its 400,000,000 euro subordinated fixed rate resettable Tier 2…
Celestyal Cruises has renewed its 2025 cruise schedule due to high demand. More specifically, it added two new cruises last January, while another cruise ship is expected to make its…
Uncertainty is the main reason why consumer durable prices remain high, despite the fact that imported inflation and agricultural production costs are falling. The market of the so-called “fast-moving” consumer…
AIA’s investment plan to reduce its carbon footprint is in full swing. More specifically, the construction of a 35.5 MW photovoltaic park has been planned, which will include an 82…
The delivery times of the newly built ships from the leading shipyards in China and South Korea are estimated towards the end of 2027 and early 2028, amid particularly high…
Greece is on the right path, Luis de Guindos, Vice-President of the ECB, said in an interview with “Naftemporiki” and Michalis Psilos. More specifically, he said: “Greece is outperforming the…
ONEX group and Elefsis Shipyards are about to sign contracts for the construction of up to three coastal vessels by the end of 2024, according to sources. Having already agreed…
