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Monday, 12 February 2024

MSCI quarterly index review to be released at midnight; the 10 Greek companies

MSCI’s quarterly index review will be published at midnight, with the eyes of the investment community turned on the MSCI Standard Greece, which currently includes 10 stocks. More specifically, MSCI…

The 4 crash tests for the Greek economy

The first quarter of the year is expected to be decisive for the course of the Greek economy. From next week until the middle of March, there will be a…

A difficult week starts for the government; all the open fronts

A difficult week starts for the government. The crucial meeting between Prime Minister Kyriakos Mitsotakis and the farmers has been scheduled for Tuesday. The goal is to avoid an escalation…

Intrakat seeks to double its projects in Romania

Intrakat Group seeks to double its projects in Romania, having normalized the operation of its Aktor subsidiary in this neighboring country. According to Intrakat’s vice-president and managing director, Alexandros Exarchou,…

Friday, 09 February 2024

Online pharmacies: Sales plunge in the last quarter of 2023

Online pharmacies recorded a sharp decline in sales during the last quarter of 2023 compared to the previous period of the current year, as well as compared to the corresponding…

Lloyd’s Register and 5 Greek shipping companies set up Emission Reduction Center in Athens

In collaboration with five Greek shipping companies, Lloyd’s Register (LR), through the Maritime Decarbonisation Hub, is proceeding with the creation of a global non-profit Emission Reduction Center (M-ERC) based in…

Performance Technologies cooperates with Dataphoria

Performance Technologies aims at the development of a corporate strategy, which is perfectly integrated with the ESG data (Environmental, Social, Governance), through its collaboration with Dataphoria, a company specialized in…

Greece needs to make a leap in digital transformation

Despite the upward trend of Greece’s Digital Maturity Index, based on the data of the Hellenic Federation of Enterprises (SEV), Greece must make a leap in order to stay on…

Sunlight Group consolidates its presence after the full acquisition of Ubatt

Sunlight Group, a member of the Olympia Group, aims to accelerate its expansion in the global battery recycling market, as well as its consolidation in the German RES market, with…

New photovoltaic plant in Amynteo from PPC and RWE

Two leading energy groups RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment…

Conference tourism: The rough diamond of Greece

Conference tourism is Greece’s “rough diamond”, with demand constantly increasing and Thessaloniki showing a relative upward trend. However, due to the deficiencies in infrastructure, potential revenues of half a billion…

Travlou: Cooperation is the key

The viability of international shipping and international trade depend on the effective and productive cooperation of all of us to adopt realistic solutions, the president of the Union of Greek…

Stylianidis: Greece plays a leading role in shipping decarbonization

Greece will play a leading role in the process of shipping decarbonization, which is very high on the agenda of the International Maritime Organization IMO, Minister of Maritime and Island…

Mytilineos: Climate targets require incentives for industry

Every ton of metals that Europe stops producing will be replaced by imports with higher carbon emissions, Eurometaux president Evangelos Mytilineos estimated. Commenting on the European Commission’s publication of the…

Thursday, 08 February 2024

Athens Stock Exchange: The steps to be included in the developed markets

With the Athens Stock Exchange’s capitalization approaching 100 billion euros and the market having at least 13 listed companies with a capitalization of more than 2 billion euros, the goal…

LNG: The Alexandroupolis floating unit to operate soon

The Mechanical Completion Certificate signed between the AVAX Group and DESFA for the FSRU connection project with the National Natural Gas System is an important milestone. According to AVAX’s announcement,…

Costamare: 350-million-dollar profit in 2023

Costamare announced 2023 revenues of 2.5 billion US dollars for the containership fleet and liquidity of 1-billion-euro dollars. The NYSE-listed company recorded profits of 96.6 million US dollars in the…

Stylianidis outlines the Maritime Affairs Ministry’s goals for 2024

Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, outlined the ministry’s goals for 2024 during the ministry’s pie cutting ceremony. The minister praised the ethos and professionalism of the…

Polyplast to “N”: Improving productivity and expanding into new markets

Polyplast general director Giorgos Papadas underlined in an interview with “naftemporiki.gr” that the company’s strategy is focused on innovation, continuous renewal and the evolution of the products and services. “Since…

Investment opportunities and road shows in London, Istanbul and Athens

The rating agencies remain extremely active regarding the Greek assets and despite the fact that the boom in investment conferences took place at the beginning of the year, preparations in…

The success of the AIA paves the way for new listings on the Athens Stock Exchange

The listing of the Athens International Airport (AIA) “Eleftherios Venizelos” is an important development for the Greek economy, the Athens Stock Exchange, but also the company itself, as it sends…

Theon International listed in the Amsterdam Stock Exchange; first IPO in Europe

The Greek Theon International entered the Amsterdam Stock Exchange, after it managed to successfully complete this year’s first initial public offering (IPO) in Europe. The listing on Euronext, one of…

Greece and S. Arabia electricity interconnection advances with the establishment of ‘Saudi Greek Interconnection’

The president and managing director of the Independent Power Transmission Operator (IPTO), Manos Manousakis, and the managing director of National Grid, Waleed Al-Saadi, signed the establishment of the special purpose…

New orders for tankers

Shipowners are fighting for the last available slots in the shipyards of China and South Korea, as the requests and orders keep increasing. The competition focuses on large tankers, such…

Wednesday, 07 February 2024

Brown Hotels announce franchise agreement with Hilton

Brown Hotels announced a franchise agreement with Hilton, with the addition of two hotel units in the “Curio Collection by Hilton”, which it manages and operates in Greece and are…

GEK TERNA: ‘Green’ energy autonomy in large transport infrastructure

GEK Terna Group, in an exclusive collaboration with the Greek EasyPower, provides an innovative approach and a realistic, competitive and immediately applicable solution to the growing energy needs of airports,…

TITAN achieves top ‘A’ CDP score for climate leadership

TITAN announced that it has earned a place on the globally recognized “A” List of the carbon disclosure non-profit organization CDP for the second consecutive year, in recognition of its…

AIA: Impressive stock market debut; double-digit rally and high turnover

The “debut” of the Athens International Airport “El. Venizelos” on the stock exchange is impressive, with the stock recording a double-digit rally in the first minutes of the session. As…

Mevaco signs agreement with Intracom Defense

Mevaco signed an agreement with Intracom Defense SA for the manufacture of metal parts of defense systems with an export orientation. According to the announcement, “the contract amounting to 5.7…

6.2 billion euros from investment financing tools in 2024

The resources that will be allocated in 2024 for the strengthening of investments through the active financial tools of the Hellenic Development Bank and the programs of the NSRF, the…

Ηumanoid AI robot, Sophia, speaks Greek

Sophia, the globally renowned humanoid AI robot, developed by the Hong Kong-based company Hanson Robotics, speaks Greek and is about to visit Nafpaktos and the island of Rhodes in March.…

Agreements between the French MBDA and the Greek Miltech and ALTUS

Two agreements between the French MBDA “leader in the field of defense” and two Greek companies, “Miltech active in the field of electronics and ALTUS active in Drones” were signed…

Shipping: Positive prospects in the LNG market

The prospects for the liquefied natural gas market in the second half of 2024 are positive. An area in which Greek shipowners have a leading role, given that approximately one…

Giga car terminal at the port of Piraeus

The Port of Piraeus’ car terminal shows great dynamics in terms of domestic cargo handling, while it aspires to become one of the largest vehicle transit centers in the Eastern…

Tuesday, 06 February 2024

Greek WITSIDE on an upward trend with artificial intelligence solutions

The new year began with a significant number of new contracts for WITSIDE, one of the most innovative Greek companies in the development of solutions and applications, which utilize BigData…

Deals for second-hand bulk carriers reach seven-year high

Deals for second-hand bulk carriers reached a seven-year high in the first month of the new year, while tanker deals were more sluggish. Greek shipowners also followed the market trend,…

Tourism: Higher tourist arrivals from Ireland to Greece

Arrivals from Ireland are expected to register another strong performance in 2024 following an increase of 33% in the first nine months of 2023, versus the same period in 2022.…

Stournaras: Gold a refuge in a period of crisis

“Gold constitutes another asset of the Bank of Greece (BoG), which enables it to respond to different conditions and requirements. For citizens, it is no longer a means of transactions,…

Vodafone: Increase in revenue from services and ICT projects 

Vodafone Greece said its revenue from services rose 0.9% to 218 million euros in the third quarter (October-December 2023) compared to the corresponding period a year ago. According to the…

KPMG: Luxury goods market on an upward trajectory in Greece

Despite the global challenges, the luxury goods market is experiencing a period of significant growth, with the Greek market also flourishing, following global trends. According to the results of a…

Dorian LPG expanding in the ammonia transport market

Dorian LPG is expanding in the ammonia transport market, its CEO, Yiannis Hatzipateras, announced during the recent presentation of the company’s financial results, which were the best in its history.…

Development Ministry: An entrepreneur can set up a company using only his personal computer

“Within the next few months and in just ten minutes at a cost of 15 to 18 euros, an entrepreneur can set up a company using only his personal computer,”…

41 investment projects amounting to 184 million euros for port upgrading

A total of 41 investment projects were submitted to the tender for the upgrade of Greek ports. The public expenditure is estimated at 139,090,800.00 euros and will be funded by…

Monday, 05 February 2024

ENA: Public spending mainly on defense and public order; health and education lagging behind

“The Greek state bears a higher public debt burden compared to the EU average and is more oriented towards external and internal security rather than health and education. This did…

Posidonia 2024: Greek Shipping at the center of this year’s event

Posidonia 2024 will host more than 2,000 exhibitors and 40,000 participants at the Metropolitan Expo Center in Athens, from June 3 to June 7, in a critical year where issues…

Interlife Insurance: 13.59% increase in premium production in 2023

Interlife Insurance registered a double-digit increase in 2023, strengthening its position in the insurance market. In particular, the total production of insurance premiums reached 93,821,488 euros, marking an increase of…

Red Sea: The effects on the port of Piraeus are less than expected

The Houthi rebels in the Red Sea and the turmoil that they have caused have led to a smaller than expected drop in the port of Piraeus. In order to…

Dr. João Breda: Our goal is to change the healthcare culture in Greece

The reform of the health system in Greece and the quality and safety of health care are the new challenges that our country has been asked to face with the…

MYTILINEOS Energy & Metals expanding international mining and alumina production in Africa

MYTILINEOS has obtained a prospecting license from the Ghana Integrated Aluminium Development Corporation (GIADEC) to explore and subsequently extract bauxite deposits in the Ninayhin – Mpasaaso region. Highlighting the successful…

Vikos: Plan for 100-million-euro investments with an emphasis on robotic technologies and energy autonomy

The Εpirotic Bottling Industry (Vikos) is planning 100-million-euro investments in the next five years amid strong competition in the sector and seeks to become “the absolutely successful case study in…