Artificial Intelligence has been the “trendiest” issue in stock markets around the world for a few months now, as investors get delirious every time they hear about “AI”. In this…
Three ministers of the French government are expected to visit Athens in mid-February, accompanied by a large business delegation. The French embassy and the Hellenic-French Chamber of Commerce and Industry…
The use of methanol for propulsion in dual-fuel engines (methanol-ready) is constantly gaining ground in the companies’ orders for new containerships. The main reason for the increasing demand is the…
Inflation is “contained” but supermarket prices remain high. More specifically, despite the downward trend in the consumer price index, food prices are still recording a rate higher than 7%, raising…
Eurimac pasta company recorded a new increase in sales and exports in 2023, while its two-year investment program totals 8 million euros. Turnover reached 74.5 million euros in 2023 compared…
If Cenergy (with a rally over 100%) was in the spotlight in 2023, this year seems to belong to ElvalHalcor, with the executive vice-president, Dimitris Kyriakopoulos, finally seeing the stock…
An international conference on the reconstruction of Ukraine is being organised by the foreign ministry in cooperation with the European Investment Bank (EIB), on February 15, 2024 at 10:00, according…
The European operation against Yemen’s Houthi rebels in the Red Sea will be named “Aspides” and could start on February 17, High Representative of the EU for Foreign Affairs and…
Inter IKEA announced its decision to invest in Greece. More specifically, investments will involve a state-of-the-art global product distribution center covering 50,000 square meters at Aspropyrgos that will be supplied…
Titan Cement International (TCI) has acquired concession rights in Vezirhan Pozzolana Quarry, in East Marmara, Turkey, in line with its strategy to further expand the portfolio of low-carbon cementitious products…
The strategy and policies in the cruise sector were discussed in a meeting with the participation of Tourism Minister, Olga Kefalogianni, Deputy Minister of Shipping and Insular Policy, Ioannis Pappas,…
German Ambassador in Athens, Andreas Kindl, visited the offices of Aegean Oil, where he met with its founder, Dimitris Melissanidis, who informed him about the Group’s activities, as well as…
Markopoulo Horse Racing Park (Ippodromies SA) announced the suspension of the organization and conduct of Greek horse races, with effect from January 30, 2024, because – as provided for in…
Greece launched the book-building process for a new 10-year syndicated bond issue, maturing June 2034, with bids exceeding 35 billion euros, beyond all expectations. The Public Debt Management Agency (PDMA)…
The latest analysis by Elxis-At Home in Greece records an increased demand for holiday homes from foreign buyers in areas around the urban centers of Crete, Rhodes and Halkidiki. This…
Each of the four systemic banks is expected to show one billion profits annually in the period 2024-2026 based on the business plans they will submit by the end of…
Greek-Turkish relations are on the way to normalization and we should be able to preserve this acquis, Prime Minister Kyriakos Mitsotakis said in an interview with Skai radio, noting that…
Greece on Tuesday launched the book-building process for a new 10-year syndicated bond issue with bids exceeding 30 billion euros. The initial interest rate of the bond issue is around…
“I am one of the citizens of Athens who feel that we deserve a better city,” the new Mayor of Athens, Haris Doukas, said in an interview with “Naftemporiki”. “A…
The decision of the Competition Commission on the acquisition of Kotsovolos by PPC is expected in mid-February, according to information, so that the agreement passes to the next stage of…
The omens are good for Greek tourism this year, with the British market playing a key role. However, moderate optimism is also expressed over the prospects of the German market.…
Greece is expected to tap the market with the issue of a new 10-year bond. The Public Debt Management Agency (PDMA) has mandated Alpha Bank, Barclays, Citi, Commerzbank, Nomura and…
A new law on business mergers and innovation support will be introduced by the government in 2024, according to Minister of National Economy, Kostis Hatzidakis. Tax incentives and subsidies through…
After several years of continuous increase in the cost of building ships, a new analysis shows that the time has come for prices to correct. “Although the outlook for 2024…
Consumers will now find a wide range of small household appliances, from leading market brands and at affordable prices, in Germanos stores. In the company’s 250 stores throughout Greece, but…
OPAP Forward program is preparing to welcome new small and medium-sized enterprises (SMEs), which will offer the necessary resources to improve their financial performance and increase their human resources, in…
Air Arabia, the first and largest low-cost airline in the Middle East and North Africa, will launch direct flights to Athens as of June 28. More specifically, the company will…
Moderate optimism among Greek businesses was recorded in the annual survey held by the Hellenic Federation of Enterprises (SEV), with market representatives asking for the acceleration of reforms in order…
Eurobank is the first systemic bank to receive approval from the Finance Ministry for the disbursement of the sixth (6th) tranche of the Recovery & Resilience Facility (RRF), amounting to…
In 2023, the Gerovasilliou Estate recorded an increase in sales, and especially its exports, while new investments of over 3.6 million euros are underway. The Estate’s turnover, as the head…
The penetration of optical fiber networks to homes and businesses (FTTH) dominated the interview of the president of the Hellenic Telecommunications and Posts Commission (EETT), Konstantinos Masselos, to “Naftemporiki”. Among…
Sustainability and responsibility towards the environment and society have enhanced the importance of Social, Environmental and Governance Issues (ESG) in the business world. ESG is a framework that requires businesses…
The shipowners are fighting hard for the last available places to deliver ships from the shipyards of China and South Korea. The slots in the two countries for 2026 are…
PPC’s development prospects as presented by its president George Stassis to analysts in London focus on the energy market of Southeast Europe, mainly on acquisitions in Romania, Bulgaria (under consideration)…
After many years of efforts and a lot of obstacles, the first seaplane test flight was conducted, the president and CEO of Hellenic Seaplanes, Nikos Charalambous, said on “Naftemporiki” TV.…
Tension is escalating dangerously in the Red Sea following US strikes in Yemen and threats of new attacks by the Houthis, with several tanker companies now avoiding the area for…
The roadmap for the continuation of the dynamic course of MYTILINEOS, which will ensure the consolidation of its profitability at levels above 1 billion euros in the following years, was…
JP Morgan CEO, Jamie Dimon, congratulated Greece on the course of its economy in a video conference call with Prime Minister Kyriakos Mitsotakis as part of an investment roadshow in…
Changes in the informal “race” of the most valuable companies on the Athens Stock Exchange have been recorded recently, overturning balances that had been consolidated throughout the last few years,…
Mitsubishi Electric Europe is proceeding with its strategy aimed at strengthening its brand in the Greek market. The company inaugurated its first branch in Greece, specifically, in Athens with the…
The launch of branded products, sustainability, innovation, and healthy economic development are the main pillars of Papoutsanis’ strategy. As the management emphasized during the company’s presentation to the Hellenic Investors…
Although Prime Minister Kyriakos Mitsotakis could not attend the JP Morgan conference in New York and participated online, lowering the expectations, investors showed a strong interest in businesses and Greek…
GEK Terna Group has submitted the highest offer for the construction and operation of Crete’s new motorway Chania-Heraklion section (BOAK), with a budget of 1.8 billion euros. This is the…
Eurobank achieved the international ESG Regional Top-Rated distinction for the second consecutive year and has been included in the Morningstar Sustainalytics’ 2024 Top-Rated ESG Companies List, compiled by Morningstar Sustainalytics.…
Shipping costs for sea containers have skyrocketed over the last weeks in the wake of the Red Sea crisis. High freight rates and supply chain disruptions from container ship re-routings…
Prodea Real Estate Investment Company announced the acquisition of a 55% stake in Mediterranean Hospitality Venture PLC from the Cypriot group of companies Yoda Plc. The total consideration for the …
Mytilineos recorded a record year in terms of profitability in 2023, with EBITDA surpassing 1 billion euros for the first time and net profit totaling more than 600 million euros.…
The state budget primary balance on a modified cash basis amounted to a surplus of 3,920 million euros in 2023 versus a primary deficit target of 851 million euros and…
Greece will launch an initial public offering (IPO) for a 30% stake in Athens International Airport on Thursday, one of the largest listings in the history of the Athens Stock…
Greece launched an international tender for the construction of up to 5 earth observation microsatellites, worth 60 million euros. The tender is part of the national satellite program, with a…
