VIANEX group has completed a century of history in the pharmaceutical field. In 1924, the family’s first pharmacy was founded and entering its second century, the company has today established…
VIANEX group has completed a century of history in the pharmaceutical field. In 1924, the family’s first pharmacy was founded and entering its second century, the company has today established…
The transition from the linear to the circular production model creates business and economic opportunities with significant social and environmental benefits, according to the Foundation for Economic & Industrial Research…
Piraeus Bank is expected to meet its goal for the participation of at least 30-35 funds – of high quality – in the bank’s share capital, as analysts consider the…
Marily Fragista underlined the positive results of the Greek-French cooperation in the shipping sector during a conference held in Paris, entitled “Thalassa: From the Archipelago to the Oceans.” Fragista, member…
Piraeus Bank: The share continues to outperform compared to the rest of the banking sector and the General Index. Since the beginning of the year, Piraeus has risen more than…
Shipping is faced with fierce global competition, so it is vital that the EU recognizes, through its policies, the strategic role of the sector, maintaining its competitiveness against other shipping…
The container terminal of the port of Piraeus seems resilient despite the fact that the Red Sea crisis and Houthi rebels’ attacks on merchant ships have forced most ships to…
Among these companies are Costamare which continued tonnage purchases, with an emphasis now on larger sizes, and Danaos Corporation, which expanded during 2023 to oversize capesize trucks, having now built…
The percentage of adult smokers in Greece rose to 28% of the population in 2023, which in absolute numbers corresponds to approximately 2,200,000 people, the majority of whom are men…
“2023 was a milestone year, a new record year for Greek tourism,” the General Secretary of the Greek National Tourism Organization (GNTO), Dimitris Fragakis, said in an interview with Naftemporiki…
Vodafone Greece is planning investments of 1 billion euros until 2029 for the development of the mobile telephony network (stand alone 5G) and the expansion of the fiber optic infrastructure…
Greek rice shows positive prospects in terms of strengthening its extroversion and its establishment in the international market, according to the results from the proceedings of the 2nd Panhellenic Rice…
The footprint of the Hellenic Banking Association (HBA) on the society, the economy and the banks in 2023 was significant. As noted, the Hellenic Banking Association completed 95 years of…
Nereus Shipping S.A. and SQLearn agreed the three-year extension of their cooperation regarding the training of personnel on 13 Nereus tankers. The renewal of services provided to Nereus Shipping is…
Containership rates have increased by 300% as a result of attacks on ships in the Red Sea, Dr. Ioannis Koustas said, commenting on the market conditions, following the announcement of…
Greek shipowners are targeting tankers transporting oil products in the secondary market, while charters specifically for MR type tankers have “climbed” to an 11-year high. In the last week, Greek…
Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, during his speech at a Franco-Greek Dialogue event held in Paris, emphasized that shipping is a main pillar of the “blue…
During the fourth quarter of 2023, the company was affected by the weak environment in the dry cargo market – due to geopolitical developments, with reduced revenues and profits, as…
After the acquisition of Wind, Nova completed a year of operation as a telecommunications company offering all kinds of services, such as fixed and mobile telephony, internet and pay TV.…
M/Maritime proceeded with the acquisition of a Japanese-made modern bulk carrier of the ultramax type. It is a 63,405 dwt vessel built in 2017. The vessel was built by Imabari…
While strong eurozone economies such as Germany and France are not expected to record high growth rates, Greece in 2024, based on the European Commission’s winter forecasts, will register the…
National Defence Minister Nikos Dendias is expected to sign an agreement for Greece’s accession to the NATO missile-defence project ‘European Sky Shield Initiative” on Thursday in Brussels. Both Greece and…
Aegean Airlines concluded the transfer of its entire stake in the Romanian airline Animawings to the other shareholder and main commercial partner of Animawings, Memento Group, which now becomes a…
The Elefsis Shipyards undertook the maintenance and renovation works of two ships from Algeria. The first one is the ferry ship “TARIQ IBN ZYAD”, 153m long, built in 1995. It…
Navios Maritime Partners announced revenues that exceeded 1.3 billion US dollars, significant profitability and increased cash reserves in 2023, while it has also secured contracts that extend until 2037. All…
The time is counting down for Eagle Bulk’s general meeting in order for its shareholders to consider the major takeover bid submitted by Greek interests’ Star Bulk. In the agreement,…
Piraeus Bank announced net profits of 786 million euros at the end of 2023. Credit expansion stood at 1.6 billion euros in 2023. Bank deposits rose 2% on an annual…
Lamda Development’s investment, amounting to 50 million euros, concerning the mega yacht marina in Corfu, has advanced a step further. The Audit Court has completed the pre-contractual audit regarding the…
Northern Greece Ceramics is proceeding with an investment of more than 10 million euros for the acquisition and upgrading of production facilities in the Mihajilovac region of Serbia, aiming to…
Star Bulk Carriers is intensifying its efforts to renew its fleet, adding three more new vessels to its shipbuilding program in China, while selling older assets. More specifically, the US-listed…
Ellaktor’s share reached the highest level since 2014 on Tuesday’s session, with the company’s shareholders being extremely”enthusiastic” about the listed company’s profits. After the recent successful sales of Smart Park,…
Greece will tap the capital markets on Wednesday with the reopening of two bonds, in an effort to raise 400 million euros from markets. More specifically, the Public Debt Management…
Supermarket representatives estimate that sales volume will fall in the first half of 2024 as a result of the effect of price increases on demand. According to the ongoing survey…
Investments of 3 billion euros were implemented in the hotel industry in 2023, according to Theodore Tzouros, senior general manager, Chief Corporate & Investment Banking of Piraeus Bank. Addressing the…
Greek shipowners are consolidating their position among the elite “players” of the LNG carrier market, implementing an expanded shipbuilding program that will increase their fleet in the coming years. According…
The electrical and electronics sector ended 2023 with a double-digit rate of increase. According to GFK data, the sector’s sales reached 3,217 billion euros, up 12% compared to 2022. Sales…
The growth rate of the global economy in 2024 is expected to maintain its momentum close to 3.1% (IMF, January 2024). Therefore, it seems likely that the “soft landing” scenario…
Six Greek defense industries (Hellenic Aerospace Industry, Hydrus, NAFS, Skaramanga Shipyards, Scytalys and Theon Sensors participated as exhibitors – together with DEFEA – at the World Defense Show held for…
The Independent Public Revenue Authority (AADE) has already sent e-mails to 15,000 businesses to have their POS connected with their cash registers by February 29. These messages were also posted…
“Cotton is a product of strategic importance for the country, as it has been produced industrially and professionally since the end of the 19th century. Therefore, Greece has a very…
Trading of large bulk carriers, such as Newcastlemax and Capesize, on the secondary market has become hectic over the last days, with Greek and Chinese shipowners competing in several deals.…
The specialized team of UEFA visited Athens to inspect the stadium of AEK, which will host this year’s final in the Europa Conference League. UEFA officials carried out a thorough…
ELTON’s shares were under strong pressure on the Athens Stock Exchange on Monday, after the rumor of an alleged takeover interest from Ideal Holdings was dismissed. More specifically, the listed…
National Defense Μinister Nikos Dendias met with United Kingdom’s Minister of State for the Armed Forces, James Heappey. Reference was made to the long-standing relations of friendship and cooperation between…
Aiming to further develop China’s cruise sector, six Chinese companies collaborated to form the state-owned cruise operator, Huaxia International Cruises. THE COMPANIES that will participate in the new scheme are:…
The Athens Stock Exchange will aim to consolidate at 1,400 points this week, while the investment community is gradually focusing on 2023 corporate results. The General Index, which on Friday…
Intralot invests in state-of-the-art technologies, achieving the strengthening of its position as a global gaming technology provider and the promotion of Greece as a technological hub through the Technology and…
British maritime security firm Ambrey said that a Marshall Islands-flagged, Greece-owned bulk carrier was targeted by missiles in two incidents within two minutes off the coast of Yemen. Ambrey had…
