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Tuesday, 21 January 2025

Sunlight Group acquires 51% of Lehmann Marine GmbH

Sunlight Group, a member of the Olympia Group and a technology company, has signed an agreement to acquire 51% of Lehmann Marine GmbH, a member of Höpen GmbH. According to…

Hydrocarbon exploration: Chevron’s interest, next steps and reserve estimates

The US company Chevron has expressed interest in hydrocarbon exploration in a marine area of 11,000 square kilometers south-southwest of the Peloponnese. The company has purchased all the data resulting…

Monday, 20 January 2025

Metlen’s new investments in the metals sector

Metlen Group is preparing for new strategic moves in the sector of critical raw materials, seeking a leading role on behalf of Europe and Greece. According to sources, the group…

Tsakos Group is the largest duel fuel ship operator in the world

The Tsakos Group has become the largest shipping company with dual fuel ships and has launched a green investment program worth 2 billion dollars. As Dr. Nikos Tsakos revealed “with…

Chevron: Interest in hydrocarbon exploration in Greece

US company Chevron, the world’s second largest private company active in the hydrocarbon sector, has expressed interest in research in the marine area southwest of the Peloponnese and west of…

Shiamishis: The person who rewards shareholders – From Petrola to ELPE and … Helleniq Energy

Andreas Shiamishis is preparing to complete a “full” six-year term as CEO of Helleniq Energy, who is expected to reward the shareholders of the listed company once again these days,…

Georgoudis S.A. – Parthenon collaborates withSpanish group Aceitunas Guadalquivir

The Spanish group Aceitunas Guadalquivir (AG) Olives Group has entered the share capital of Parthenon, the oldest branded table olive company in Greece. According to “N” sources, the Spanish company…

Is the Athens stock exchange on track to reach new multi-year highs?

Analysts are now focusing on whether the Athens Stock Exchange will be able to continue its course to new multi-year highs, even approaching 1,550-1,600 points, as they see the short-term…

Greeks leaders in product tankers shipbuilding rally

Deliveries of new product tankers are expected to reach a 16-year high in 2025, with data showing active involvement of Greek shipowners. According to an analysis by the world’s largest…

Metlen: Supply of gallium to Europe – Strong international footprint and 500 new jobs

The Metlen Group aims to supply Europe with gallium in order to meet the needs of the European industry, as well as to strengthen its international business footprint, with the…

Signal for tax cuts and wage increases

The continued excess in tax revenues in 2024 paves the way for a new round of tax cuts, with an emphasis on direct income taxes. In combination with the fact…

Waiting for … Trump: Europe without a clear strategy

Nervousness is growing in Europe in anticipation of Donald Trump’s arrival at the White House, European diplomats in Brussels tοld Naftemporiki. “Everyone expects that the new US President will announce…

Friday, 17 January 2025

Sunlight plans expansion into batteries for shipping

Sunlight is launching its expansion into the marine battery market. According to sources, it plans to acquire a strategic stake in a German marine battery company and collaborate with a…

Diana Shipping: New deals of 7.52 million dollars

New York-listed shipping company Diana Shipping has announced the extension of time charter contracts for two of its vessels. The agreements are expected to generate 7.52 million dollars in gross…

Container losses at the port of Piraeus minimized

Container losses at the port of Piraeus have been minimized on an annual basis, as containerships continue to avoid the Suez Canal for fear of Houthi attacks. The shipping industry,…

Metlen and Greece acquire a strategic role in supplying Europe with critical mineral raw materials

The Metlen Group is dynamically entering the mineral raw materials market, acquiring a strategic role in supplying Europe with critical mineral raw materials required for the development of modern industry,…

Airports: 6.4% increase in passenger traffic in 2024

A record passenger traffic was recorded in 2024, with over 36 million passengers at the 14 regional airports managed by Fraport Greece. In detail, according to an announcement by Fraport…

Demographics: How much has the average life expectancy increased in Greece

The average life expectancy in Greece is constantly increasing – with the exception of 2020-2022, according to a study by the Institute of Demographic Research. However, as it is emphasized,…

IOBE: Weakening of business expectations in industry

The business expectations index in industry fell to 101.6 points in December 2024, from 105.9 points a month earlier, remaining at a higher level than a year ago (94.1 points).…

Greek shipowners make cautious start to 2025

Greek shipowners have made cautious moves, with sales mainly of older ships, in the first 15 days of 2025, while few purchases and new orders have been recorded. For example,…

Greek Chamber of Hotels’ initiative for hospitality

2025 is a historical milestone in the path of development and progress of Greece’s hotel industry, the president of the Hellenic Chamber of Hotels (HCC), Alexandros Vassilikos, said. This year,…

PPC offers corporate customers new initiatives for green energy consumption

Public Power Corporation (PPC) is offering new innovative benefits for its corporate customers, aiming to enhance sustainability and accuracy in the monitoring and management of energy consumption. More specifically, PPC…

Thursday, 16 January 2025

Vodafone Greece to sell 49% of Fiber2All

Vodafone Greece has reportedly launched the sale of a minority stake (up to 49% of the shares) of its 100% subsidiary for fiber optics, Fiber2All. Fiber2All focuses on the development…

Skaramangas Shipyards to develop maritime innovation center

Skaramangas Shipyards is moving forward with the development of a maritime innovation center in Greece. The agreement was signed by the management and the British advanced maritime technology company Sub…

Metlen: New major investment of 295.5 million for the production of bauxite, alumina and gallium

Metlen Energy & Metals announced that the final decision for the implementation of a new major investment concerning the production of bauxite, alumina and gallium was announced by the Metallurgy…

Stock Exchange-IPOs: The 8+1 company listings in the last 2 years

The Athens Stock Exchange is on track for its first listing in 2025, having already approved Alter Ego’s listing on the Main Market. This means that the media company, which…

“My Home II” Subsidy Program: The banks participating in the new initiative

The Hellenic Development Bank (HDB) announced that it has assumed the management of the “MY HOME II” program, with a total budget of 2 billion euros, which offers the opportunity…

Helleniq Energy acquires 100% of Elpedison

The acquisition of 100% of Elpedison shares by Helleniq Energy was notified to the Hellenic Competition Commission. Helleniq Energy already held 50% of Elpedison. As reported by the Competition Commission,…

ELSTAT: Car sales up 2.4% in 2024

A total of 14,815 road motor cars (both new and used from abroad) were put into circulation for the first time in December 2024, recording a decrease 4.9%, compared with…

Electricity wholesale prices skyrocketed

The strong “sensitivity” of prices to weather conditions as well as to the availability of various electricity generation technologies is reflected in the new surge in prices in wholesale markets…

Motor Oil Group: Its subsidiary Core Innovations acquires TWENTY 4 SHOPEN

Core Innovations, a subsidiary of the Motor Oil Group, has acquired the small retail chain TWENTY 4 SHOPEN, strengthening its presence in the retail market of Convenience Stores, with the…

Greece’s steps towards green coastal shipping

Greek coastal shipping and companies in the sector are called upon to make significant investments in the coming years, in order to be able to continue serving the island country…

Wednesday, 15 January 2025

Eldorado Gold’s production above average forecast

Eldorado Gold has forecast preliminary gold production of 520,293 ounces for 2024, with stable preliminary fourth-quarter gold production of 155,669 ounces, achieving a 7% annual production increase compared to 2023.…

Sunlight: The reasons behind its decision to cancel a 1.4-billion-euro investment in Western Macedonia

The management of Sunlight, a member of the Olympia group, has put an end to its plans for the construction of a factory (Gigafactory) for energy storage batteries of lithium…

Hatzidakis: Confidence in Greek economy confirmed despite international instability

Greece’s borrowing terms confirm confidence in our economy despite international instability, Minister of National Economy and Finance Kostis Hatzidakis said on the 10-year bond issued the previous day. “The Greek…

Greeks’ purchasing power ranks last in the EU

Greek households are faced with strong pressure from high inflation and housing costs which is not covered by rather limited salary increases. As a consequence of this very negative condition…

“Start” for green coastal shipping at a cost of 2 billion

Modern coastal transport for the sustainable development of the islands, against the backdrop of the increased cost of the sector’s transition to a greener future, was outlined during a conference…

High expectations from Titan’s listing on the US Equity Market

Titan, a multinational cement and building materials company with cement production facilities in ten countries and operations in 25, which was founded in Greece in 1902, is taking another step…

Stylianidis: Ship repair and sustainability of coastal shipping are the main priorities

“Greek coastal shipping is called upon to respond to the challenges of the modern era and adopt new technologies and practices,” Minister of Maritime Affairs and Insular Policy, Christos Stylianidis,…

Industry: Import prices fell in November 2024

Import prices in the industry were on a downward trajectory in November, raising expectations for a price de-escalation in general. According to data announced by the Hellenic Statistical Authority (ELSTAT),…

MSC receives warm welcome at its first visit for 2025

The ship “MSC Sinfonia” was met with a warm reception during its first visit to the port of Piraeus in 2025 by the management of PPA SA, organizing a special…

Theodoratos (SEEN): Greek coastal shipping has spent over 1 billion on fleet upgrade

The competitiveness and green transition of coastal shipping dominated the first section of the Greek Shipowners Association for Passenger Ships (SEEN) conference “Modern Coastal Shipping, Sustainable Development of Islands.” The…

Tuesday, 14 January 2025

Titan America files for IPO

Titan America has filed a registration statement for its proposed initial public offering (IPO) on the New York Stock Exchange. The completion of the offering is subject to market conditions…

Titan America files for IPO

Titan America has filed a registration statement for its proposed initial public offering (IPO) on the New York Stock Exchange. The completion of the offering is subject to market conditions…

Development of Skroutz Points and new services – 20 years of presence in the market

Skroutz aims to increase its presence in the Greek territory as well as to develop new services in 2025. After expanding to Cyprus in 2023 and increasing deliveries to Europe,…

Is Greece’s power grid capable of handling the surge in demand due to the cold weather?

Greece’s electrical system has addressed the “cold wave” that is currently underway, peaking the demand for electricity, without any problems, maintaining its export orientation towards the neighboring markets of the…

The Ellinikon Mall construction project is kicking off

The preparations for the start of construction of the country’s largest shopping center in Elliniko, The Ellinikon Mall, with a leasable area of 100 thousand sq m and 350 stores,…

Strategic partnership between Performance Technologies and ThreatScene Greece to strengthen cybersecurity services

Performance Technologies and ThreatScene have announced their strategic partnership in the field of cybersecurity. The partnership between the two companies aims to provide and improve cybersecurity services that enhance organizations’…

First crash test for 2025 in the markets – The advantages of Greek bonds

Greece is expected to issue on Tuesday a ten-year bond maturing on June 15, 2035. As last year, the Greek government is present in the markets in the first month…

SPC Greece: Cooperation agreement with EEL

SPC Greece has signed a Memorandum of Understanding (MoU) with EEL, assuming the presidency of the European Shortsea Network (ESN), in the context of strengthening the European Union’s strategy for…