The energy efficiency profile of Diana Shipping, owned by Semiramis Paliou, has improved, according to the data presented in the ESG 2022 report. “During the last year, we have reduced…
The aluminum company ELVIAL S.A. is launching new investments that are expected to reach 8 million euros over the next five years, following the 28-million-euro investment program that was concluded…
Intrakat expects significant profits from the development of its Renewable Energy Sources (RES) portfolio, having now secured a strong partner, PPC Renewables (a 100% subsidiary of PPC) among the most…
“Attica is ready for the next day of Greek shipping,” the president of Attica Group, Kyriakos Mageiras, said at the 1st Conference of the Union of Hellenic Shipyards. Mageiras referred…
The Athens Chamber of Commerce and Industry (ACCI) and EY Greece organized an informative event regarding financing opportunities for Greek businesses through European indirect and direct programs. the European financial…
Greek shipowners are signing new bulk carrier building agreements, managing to secure even now attractive delivery times within 2026. Century Bulk Carriers, the dry cargo arm of the Chandris Group,…
The Hellenic Competition Commission approved the acquisition of 100% of the shares of Imerys Bauxites by Mytilineos Energy & Metals. Imerys Bauxites activity is to be merged with Mytilineos’ wholly-owned…
The Bank of Greece (BoG) downgraded its estimate on growth rates in 2024, according to the Interim Report on Monetary Policy released on Wednesday. More specifically, the growth rate of…
The governor of the Independent Authority for Public Revenue (AADE), George Pitsilis, presented the plan for the introduction of artificial intelligence (AI) in its services. Pitsilis made the presentation during …
PPC announced the signing of a binding agreement between its subsidiary PPC Renewables and Intrakat Group for the joint development of a Renewable Energy Sources (RES) portfolio with a total…
Commenting on the escalating attacks by Yemen’s Houthi rebels on commercial ships in the Red Sea, Greek Shipping Minister, Christos Stylianides, estimated that the situation will be set under control…
Star Bulk CEO Petros Pappas during a discussion in the 1st Conference of the Hellenic Shipyards Association stressed the importance of the renaissance of the shipbuilding industry. He revealed that…
Elval, the aluminum rolling division of Elval Halcor, confirmed its commitment to the promotion of aluminum recycling in the context of COP28. COP28 is the United Nations’ 28th “Conference of…
Hellenic Cables, the cables segment of Cenergy Holdings, announced a significant milestone for the US offshore wind industry. The South Fork Wind project has successfully powered up New York’s first…
Development Minister Kostas Skrekas presented the government’s vision for the revival of the shipbuilding sector at the 1st Conference of the Union of Greek Shipyards. The minister said that the…
What does it mean for a woman to work in the blue economy? “It means working in an environment that remains male-dominated, despite the EU’s efforts to achieve gender equality…
Prime office prices rose 2.8% in the first half of 2023, compared to the second half of 2022, according to the data on commercial property indices published on Tuesday by…
Businesses related to the energy transition, the reduction of greenhouse gas emissions, green and new technologies constitute a mineral demand-intensive economy, as both industry representatives and financial analysts pointed out.…
The Union of Greek Shipowners participated in the summit organized by the International Chamber of Shipping (ICS), at the iconic Museum of the Future in Dubai, in the context of…
Generative Artificial Intelligence (Gen AI) will have a positive cumulative impact of 5.5% (or 10.7 billion euros) on Greece’s GDP by 2030, while under certain conditions (a very optimistic scenario)…
The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced the signing of the share purchase agreement for the acquisition of…
Primary surplus rose to 5.8 billion euros in the period January-November 2023, according to the National Economy & Finance Ministry, while tax revenues also moved higher. More specifically, based on…
The digital service myAADElive of the Independent Public Revenue Authority is enriched with a new service of direct video call as of December 21. The first direct video call was…
Tsakos Energy Navigation (TEN) owns two of the first Greek-owned tankers with an LNG engine. The company, which this year celebrates 30 years since its introduction to foreign stock markets,…
Motor Oil and the European Commission signed the Grant Agreement amounting to 127 million euros from the Innovation Fund, for the flagship IRIS project regarding the construction and operation of…
The total passenger traffic in Greek ports rose 6.4% in the second quarter 2023 compared with the second quarter 2022, according to the Hellenic Statistical Authority (ELSTAT) . At the…
Mytilineos Energy & Metals continues to record top performances and manages to be included for the second consecutive year in the Dow Jones Sustainability Index Emerging Markets (“DJSI”). The inclusion…
L’Oréal strengthens its position in microbiome research to break new ground in cosmetic innovation with the acquisition of Lactobio, a probiotic and microbiome research company based in Copenhagen. According to…
The sale of the remaining 25% of the company ANEMOS RES to Motor Oil Renewable Energy (MORE), a subsidiary of the Motor Oil Group, was approved by Ellaktor’s board of…
Naftemporiki achieved a very important distinction at the European level: it was declared “European Newspaper of the Year 2024” in the European Newspaper Awards competition. This particular award is the…
Trastor REIC, real estate investment company, will allocate the proceeds from the new increase in its share capital, amounting to 74.9 million euros (net amount 74.3 million euros) in investments…
The Greek Parliament ratified the 2024 State Budget on Sunday after a five-day debate. The 2024 budget passed 158-142 in the 300-member Parliament. “This is the first budget after 14…
ECB President Christine Lagarde managed not to spoil the markets’ party, nor to curb high expectations for interest rate cuts. The first signal was that the European Central Bank (ECB)…
The Athens Water Supply and Sewerage Company (EYDAP) is planning investments totaling 1.85 billion euros over the next decade. The investment program mainly concerns large-scale sewage works in Eastern Attica…
Kotsovolos’ turnover moved almost at the same levels as last year in the first half of 2023/2024, according to the financial results published by the parent Currys. According to the…
Kri-Kri will enter the US market in 2024 with the sale of frozen yoghurts, further strengthening its already strong extroversion not only in yogurts but also in this type of…
High wholesale prices that also affect retail prices are the main reason for low demand for FTTH connections (optical fiber to homes and businesses) in Greece, according to Nova. More…
“Greece entered the inflation phase late. More specifically, prices started to rise significantly about four to five months later,” Professor of E-Business at the Department of Management Science and Technology…
The European Bank for Reconstruction and Development (EBRD) announced its participation in Ideal’s bond. More specifically, the European Bank for Reconstruction and Development invested 15 million euros in the bond…
The Threads platform, Meta’s short messaging service and a major rival of X (formerly twitter), is available in Europe, including Greece. The Threads app was launched last July and is…
Brain drain is limited while reintegration into the labor market becomes easier, according to the conclusions of the annual survey “Employability in Greece” carried out by Adecco Greece for the…
Naftemporiki awarded the leading Greek companies for 2023 in a special event held at Grande Bretagne hotel. These are companies that kept their “promises” to shareholders, the market and society…
Development Minister Kostas Skrekas announced, during the 3rd Forum of the Hellenic Emerging Technologies Industry Association (HETiA), the development of financial tools as well as the necessary legal framework to…
EXA Infrastructure, the largest dedicated digital infrastructure platform connecting Europe and North America, and Grid Telecom, a wholly owned subsidiary, and the telecommunications vehicle of IPTO-Independent Power Transmission Operator of…
Dr. Nikos Tsakos, founder and CEO of Tsakos Energy Navigation, spoke on the US financial channel Schwab Network about the potential of Greek shipping and how maritime transport will be…
Naftemporiki will award the leading Greek companies, the “diamonds” of the Greek economy, which support the country with investments and jobs. The Diamonds of the Greek Economy business excellence awards…
More businesses and professionals will be obliged to install POS terminals as of the new year. The relevant Joint Ministerial Decision is expected to be issued on Thursday and will…
A crucial meeting of the European Council begins on Thursday in Brussels with important issues on the table. One of the main issues that concern European leaders is the debate…
The main goal of the Athens Chamber of Commerce and Industry (ACCI) for the new year is the creation of a microcredit institution that will cover the enterprises’ liquidity needs,…
Digital Realty, the largest data center company in the world with over 300 data centers on all continents, is proceeding with the implementation of a large investment plan for the…
