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…
Okeanis Eco Tankers expects 91.67 million US dollars revenue from its fleet operations in the last quarter of 2023. According to a report from the company’s commercial department, which, however,…
The freight rates of ships transporting oil products have skyrocketed, in the wake of the crisis in the Middle East, urging shipowners to make new deals in the secondary market.…
The Greek flag maintains its quality characteristics and high performance, despite the challenges at the geopolitical level. The Greek flag managed to perform highly in all categories, both at the…
The acceleration of the strategic cooperation between Grid Telecom, a subsidiary company and operator of telecommunications services of the Independent Power Transmission Operator (IPTO), and the Operator of the Electricity…
A consortium of companies, including Diana Shipping, ordered two more offshore wind farm support vessels. The shipping company listed on the US stock exchange, said that the joint venture of…
A consortium of companies, including Diana Shipping, ordered two more offshore wind farm support vessels. The shipping company listed on the US stock exchange, said that the joint venture of…
The outlook for the Greek economy has improved notably, but significant challenges remain, the IMF said in its report. The economy has resumed income convergence, ending a decade of stagnation…
FAMAR and Lavipharm, two companies with a dynamic presence in the pharmaceutical sector, have announced their collaboration, which confirms their strong growth footprint. The new collaboration concerns the production by…
The new trend in payments is called IRIS. Αfter conquering approximately 1.5 million young people aged 18-34, it is expected to further spread over the next period after the mandatory…
Passenger traffic at Greek airports jumped to a new record high in 2023, according to the Civil Aviation Authority. More specifically, passenger traffic stood at 72,613,658, up from 63,672,121 in…
Demand for long-term loans by small- and medium-sized enterprises are expected to rise in the first quarter of 2024, the Bank of Greece said. More specifically, the central bank said…
The Public Power Corporation (PPC) presented in London its Strategic Plan for the three-year period 2024-2026, based on healthy economic growth, efficient investments inside and outside Greece, green transition, customer-centric…
Metallic minerals, industrial minerals, zeolitic rocks, boric salts are some of the mineral raw materials existing in the Greek subsoil that must be immediately exploited, according to representatives of the…
Criteria for the management of environmental and social risks as well as governance risks will soon impose additional capital requirements on banks, according to banking executives. Therefore, it will become…
Shipowner Angeliki Fragou, Chairwoman and Chief Executive Officer of Navios Maritime Partners L.P., described the shipping situation as manageable despite geopolitical developments, in her speech at the Economist conference “The…
Tsakos Energy Navigation (TEN) has accelerated its plans aiming to achieve green transition by 2030. The longest-running Greek shipping company listed on the US stock market, according to the founder…
Germanos is seeking a share of the steadily growing category of electrical home appliances, further enhancing competition in the electrical and electronics retail industry. The subsidiary of the OTE group…
In a turbulent international environment, where geopolitical instability has become the normality and political instability has also increased ahead of the elections in many countries, “Greece is one of the…
“Over 200,000 containers have not arrived in Piraeus so far due to the situation in the Red Sea,” Yiannis Chatzitheodosiou, president of the Athens Chamber of Tradesmen, said in an…
The Hellenic Republic Asset Development Fund (HRADF) declared the National Fund Sani Development and Tourism Company SA as the highest bidder for the development of the property Sani-Kassandra in Chalkidiki…
2024 will be a milestone year for the logistics industry in Thessaloniki and its role as an international transit center. Two of the three very large logistics projects of the…
Goldair Handling India (Nagpur) announced its entrance to the Airport Dr. Babasaheb Ambedkar, in Nagpur, India. Greek-owned Goldair Handling India (Nagpur), after a tender process, is preparing to start operations…
In January-November 2023, the number of inbound travelers rose by 17.3% to 31,969.7 thousand compared to 27,255.4 thousand the same period last year, according to the Bank of Greece. More…
Egyptian President Abdel Fattah El-Sisi was briefed about the progress of the “GREGY Project” concerning the electrical interconnection of Egypt with Europe, during his meeting with the president of the…
The use of LNG as a marine fuel is constantly gaining ground aligning with the International Maritime Organization (IMO) goals for zero gas emissions by 2050. According to Norwegian DNV,…
Shipping companies and analysts are raising concerns over the viability of the alternative route around the southern tip of Africa that ships are recently following in order to avoid the…
Supermarkets turnover grew 8.9% in 2023, according to a report released by NielsenIQ. More specifically, the report on FMCGs noted a significant double-digit price increase in the first six months…
Shipping companies and analysts are raising concerns over the viability of the alternative route around the southern tip of Africa that ships are recently following in order to avoid the…
Supertankers, which can carry 300,000 tons of crude oil, are expected to attract the investment interest in 2024. According to the Poten & Partners analysis, the so-called Very Large Crude…
ISOMAT Group announced higher results as well as plans to further strengthen its extroversion by expanding to new markets. In 2022, the ISOMAT Group managed to increase its financial figures,…
From Davos to New York, the delegations are being prepared for the investment conference of JP Morgan that aims to support Greece’s investment prospects. The conference focuses primarily on banking…
Rakuten Viber, the application for secure and private communication through messages and voice, recorded a rapid increase in the number of new features in the Greek market last year. According…
The order book of the Angelicoussis Shipping Group reached a double digit number, after the decision of Alpha Gas, its tanker arm, to make an investment opening in ammonia transport…
According to the Manpower Employment Organization Greece, the number of job vacancies reached 11,540 in various sectors of the economy, with manufacturing, wholesale and retail trade, accommodation and restaurants taking…
The current account deficit fell to 11.9 billion euros in the 11-month period of 2023, while tourism continued its impressive performance, with travel receipts soaring 15.4%, surpassing 20.11 billion euros.…
Ferry tickets for the island of Crete are expected to be slightly higher, as the shipping sector joined the European Union’s Emissions Trading System. The most likely date of the…
Wind energy connected to the grid exceeded 5GW, surpassing the 5,000MW threshold for the first time. More specifically, according to the annual statistics presented by the Hellenic Wind Energy Association…
Hellenic Parliament passed late on Thursday the amendment of the Ministry of Development regarding the transparency of product prices, the rationalization of the prices of baby formula, as well as…
The “GIBRALTAR MARITIME DAY” was organized for the first time in Greece, and more specifically in Piraeus, at the historic Piraeus Marina Club, by Level Communications, for the Government of…
Greece’s role in supplying Europe with hydrogen is very important, the CEO of Hydrogen Europe, Jorgo Chatzimarkakis, said in the framework of the Greek House Davos 2024, both as a…
A logistics facility, unique for Greece, has opened its doors in Vassiliko, Chalkida, offering port infrastructure with unlimited possibilities for the development of business activities, in relation to the supply…
The political leadership of the Ministry of Infrastructure and Transport announced that the opening of the financial bids of the temporary contractor for the construction and operation of the Northern…
The developments in the Red Sea have not significantly affected the port of Thessaloniki despite the fact that the Houthi rebels’ attacks have cost in time and money. “A third…
