The 3rd Morgan Stanley and Athens Stock Exchange Greek Investment Conference is being held in London on December 2 and 3, with the participation of 38 listed large and mid-cap…
Kayak’s main plan focuses on the development of the wholesale network by adding new customers and by expanding the product range. As for the plans for strengthening the network, the…
Attica Department Stores, a member company of Ideal Holdings, is launching investments of 15 million euros in the three-year period 2025-2027. In particular, CEO Dimosthenis Boumis, in the context of…
Masdar from the United Arab Emirates acquired on Thursday the majority stake in the Greek company Terna Energy. This, of course, is more or less well known. However, the same…
Netcompany, the parent company of Netcompany-Intrasoft, is entering the Baltic market for the first time with a new agreement to modernize the Lithuanian tax system. The agreement with the Lithuanian…
The PPC Group presented its Annual Sustainable Development Report for 2023, in accordance with the international standards of the Global Reporting Initiative (GRI Standards) and the Athens Stock Exchange ESG…
The significant value that Vasilis Fourlis has in his “hands” is confirmed by the recent financial figures which prove the dominance of the listed company in the retail sector. In…
The data on the course of inflation in the eurozone in November will be announced on Friday by Eurostat and are expected to determine the level of interest rate cuts…
A major deal has been signed by Pure Energy Limited, owned by George Prokopiou, with CMB Financial Leasing Co. It concerns the sale and leaseback of five 200,000 m3 LNG…
After a five-month period with a negative sign in the occupancy of Athens hotels, demand rose by 2.2% in October 2024 compared to the corresponding month last year. In the…
Lamda Development is expected to proceed with share capital increases in its subsidiaries with shopping centers as well as with agreements for bank financing in order to begin the construction…
In a much-anticipated move, the boards of directors of the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) have approved Greece’s intention to repay its loans early.…
Energean announced an increase in production and improved financial figures in January-September 2024. Daily production jumped 31% year-on-year, reaching 156 thousand barrels of oil equivalent (83% in natural gas), while…
The current political uncertainty, which is plaguing France, the eurozone’s second largest economy, seems to be having serious effects on the markets. The country’s borrowing cost has reached Greece’s levels…
The energy efficiency and energy saving sector is emerging in a promising market amid the goals set at European level and the framework of the revised National Energy and Climate…
The offers and expectations in the retail sector in view of the Black Friday were outlined by Stavros Kafounis, president of the Athens Chamber of Commerce, in an interview with…
Attica Bank-Pancreta Bank has advanced its first shipping financing, linked to sustainable environmental criteria, to the shipping company Stem Shipping Co S.A. The financing concerns two sister eco-type dry cargo…
Total assets of insurance corporations increased by 381 million euros to 20.980 billion euros in the third quarter of 2024, compared to the previous quarter, according to data from the…
The first pharmaceutical cannabis company licensed by the National Medicines Organization in our country, Tikun Olam Greece, announced the first export of finished pharmaceutical cannabis products to Switzerland. Tikun Olam…
Feasibility studies for the new electricity interconnection between Greece and Saudi Arabia, Saudi Greek Interconnection, are expected to be completed by 2025, the President and CEO of IPTO, Manos Manousakis,…
In a stock market period that is not developing particularly positively for banking stocks, Eurobank CEO Fokion Karavias acquired the second largest financial institution in Cyprus, namely Hellenic Bank, completing…
Greece’s retail sector recorded a slight increase in January-September 2024, while exports continued their downward trend that began in 2023. In particular, retail sales of clothing in the domestic market…
NYSE-listed Tsakos Energy Navigation (TEN) recorded liquidity of 386 million dollars in the third quarter of 2024 and contracted revenues of 1.8 billion dollars, noting that dividends to shareholders have…
The gaming market moved upwards during the first nine months of 2024 (January-September), as shown by the data of the Ηellenic Gaming Commission, based on the performance of Gross Gaming…
OTE Telecom CEO Kostas Nebis presented the company’s strategic plan based on three pillars. The first is development with priority in FTTH fiber optic networks so that OTE covers 65%…
Fourlis Group announced consolidated sales of 407.6 million euros in the first nine months of 2024, up from 389.6 million euros in the first nine months of 2023, an increase…
KRI-KRI announced its turnover rose by 17.4% to 207.48 million euros in the nine months, compared to 176.67 million euros in the corresponding period last year. Gross profits amounted to…
Onex Group celebrated its 20-year journey as well as its five-year presence in Greece’s shipbuilding industry. From a turnover of 130,000 euros in 2004 to 170 million euros in 2024.…
The Greek registry is in free fall, steadily losing both ships and capacity every year. Since 2023, the Greek registry has fallen below the psychological threshold of 500 ships. At…
The European Commission has endorsed a positive assessment of Greece’s draft budget for 2025 and its medium-term fiscal plan, in accordance with the European Semester autumn package – the first…
The tripartite negotiations of the European Parliament, the European Commission and the European Council were rather difficult, however, a golden mean was finally found, thus avoiding an “austerity budget” in…
Thanks to its strategic partnership with UniCredit, Alpha Bank is an ideal ally of Greek businesses in their effort to strengthen their extroversion and competitiveness, Alpha Bank’s Chief of Commercial…
The goal of further increasing Greece’s attractiveness as an investment destination for high technology was, among other things, at the center of the meeting held between Prime Minister Kyriakos Mitsotakis…
The Foundation for Economic and Industrial Research (ΙΟΒΕ) presented a report on “The Contribution of Golf to the Greek Economy.” The report examined the importance and benefits of the development…
Nikos Lykos, the main shareholder and head of Austriacard, may see his “creation” constantly improving its financial results (+14% in sales and +10% in net profits in the 9 months…
The Region of Crete, within the framework of the strategy for promoting the island in the US tourist market, participated in the professional event “Greek Tourism Luxury Workshop” organized in…
The budget execution for the period January-October 2024 showed a primary surplus of 13.528 billion euros, compared to a target for a primary result of 12.930 billion euros and a…
StealthGas, owned by Haris Vafias, announced record nine-month profits. More specifically, the Nasdaq-listed company announced profits of 55.7 million dollars, up 29.3% compared to the same period in 2023 –…
The European Commission announced that Greece accepted the proposals for the Greek shipping tax regime that it had put forward. Specifically, as stated in the relevant announcement, Greece accepted on…
Intracom Telecom, a global technology systems and solutions provider, announced a 45-million-euro investment in a state-of-the-art manufacturing facility in Kozani, Greece. The construction is scheduled to commence in 2025 and…
The Copper Alliance and Hellas Gold have entered into a strategic partnership, with the aim of strengthening the copper market and improving Greece’s position in the global market. Hellas Gold,…
Cosmote has undertaken the design, study and construction of seven new submarine fiber optic infrastructures in the Aegean, as part of its participation in the European Sea-Spine project, to serve…
Eurobank announced that it has entered into share purchase agreements with Demetra Holdings Plc and Logicom Services Limited pursuant to which, Eurobank has agreed to acquire 24.66% holding (101,794,409 shares)…
Taxpayers are expected to pay more than 5 billion euros per month, on average, in 2025, for direct and indirect taxes, in order to achieve the budget target of collecting…
Positive climate is recorded lately in the electrical and electronic goods market ahead of the Black Friday, which has already begun unofficially and will peak on the last weekend of…
The prime minister’s intention to tax large companies that evade taxes, as announced at an event of the Finance Ministry, is welcomed by the Athens Chamber of Tradesmen. The president…
The cost of tax exemptions to the state budget amounts to 18.8 billion euros. Based on the data listed in the tax expenditure report of the 2025 budget, the cases…
Contracted revenues for Dynagas LNG Partners remain steady at over 1 billion dollars. George Prokopiou’s holding company, which is listed on Wall Street and manages a fleet of six LNG…
Fitch Ratings has affirmed Greece’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook. Greece’s ratings are supported by income per capita levels above and governance indicators…
Tourism Minister, Olga Kefalogianni, participated in the 12th General Assembly of the Hellenic Chamber of Hotels (HCCH), where she highlighted the basic regulations for short-term rentals included in the new…
