Tetra Pak Hellas aims to expand its activities related to food processing along with their packaging. The company already counts 40 years of activity in the Greek market and in…
Bank of Greece (BoG) governor Yannis Stournaras estimated that interest rates will not continue to rise, adding that their de-escalation will begin as of mid-2024. In an interview to the…
Twenty-five marine areas extending to 2,712 km2, where wind parks producing at least 12.4 GW can be developed, are included in the National Offshore Wind Park Development Program presented at…
Twenty-five marine areas extending to 2,712 km2, where wind parks producing at least 12.4 GW can be developed, are included in the National Offshore Wind Park Development Program presented at…
Attica Group announced the acquisition of a new ship and its registration in the Greek registry. The HIGHSPEED 3 (ex-BORAQ) was acquired through a public auction held in Algeciras, Spain,…
Labor Minister Adonis Georgiadis announced during the 6th Athens Investment Forum 2023 that the increase of the average salary to 1,500 euros at the end of four-year term is an…
Minster of Maritime Affairs and Island Policy, Christos Stylianidis, during his meeting with the Association of Banking and Financial Executives of Hellenic Shipping, stressed the need to attract capital to…
National Economy and Finance Minister Kostis Hatzidakis presented a series of initiatives for the transition to an economy based on the quantitative and qualitative increase of investments, as well as…
French Ambassador, Laurence Auer, called on Greek businessmen, especially in the field of high-tech start-up companies, to invest in France, during a press conference held at the French embassy, in…
DELTA is re-approaching the domestic ice cream market after 17 years of “absence” following the acquisition of the “Cold Sin” company. The company, based in Lamia, is the official national…
We are firmly focused on reforms,” Prime Minister Kyriakos Mitsotakis said during the cabinet meeting on Tuesday, stressing that what he announced during the Thessaloniki International Forum (TIF) on tax…
Intracom Telecom, a company that produces high technology and integrated products (hardware and software), seeks to relocate to Greece, as 70% of its annual turnover comes from abroad. Ioannis Poulos,…
Greek banks will proceed with the issuance of bonds, mainly Senior, amounting to 3 billion euros in 2024 against their MREL (Minimum Requirement for Equity and Eligible Liabilities) targets, which…
The Embassy of China sent a congratulatory notice to the Ministry of National Economy and Finance, after Greece’s credit rating was upgraded by two of China’s largest credit rating agencies.…
Despite their occasional reduction, energy prices are high and are expected to remain at these levels. Therefore, ensuring a predictable and competitive energy cost for energy-intensive businesses in the face…
The recent upgrade of Greece’s credit rating to investment grade by two Chinese rating agencies will lead to more Chinese investors coming to Greece, Chinese Ambassador Xiao Juncheng said during…
China Media Group organized the event “An Ancient Path to Modern Prosperity” – “Belt and Road” Dialogue between China and Greece in a central hotel in Athens. The Chinese group…
The Group of Naftemporiki and China Media Group (CMG) signed a memorandum of cooperation on Monday in the framework of a Greek-Chinese conference entitled “An ancient path for modern prosperity”…
There has been much talk in recent years about the container ship order book and the imbalances that will come to the market from multiple newbuilt deliveries amid sluggish demand.…
The presidential decree for the 4th generation Science and Technology Park “Thess INTEC” in eastern Thessaloniki is expected by the end of November. Meanwhile, the additional Strategic Environmental Impact Study…
It is known that the level of inflation affects the purchasing power. When inflation is high, the value of money decreases over time, delaying the implementation of investments, as their…
The Hellenic Financial Stability Fund (HFSF) launched a formal sale process for the disposal of its entire stake in the share capital of Alpha Services and Holdings S.A. In an…
The Ministry of National Economy and Finance is proceeding with the radical change of the taxation system for freelancers and the self-employed together with the implementation of measures to combat…
The listed companies’ cash distributions to their shareholders reached 3 billion since the beginning of the year after the last cash distribution of 200 million (1.47 euros/share) by Jumbo last…
The e-commerce sector is expected to grow significantly in the coming years and this is an opportunity as well as a challenge, according to the conclusions of the Panhellenic Research…
The risk of higher electricity bills and more expensive fuel together with soaring food prices are three factors that have sounded the alarm to the government. Three ministries – National…
Greece is considering the possibility of creating a sea corridor in order to bring humanitarian aid to Gaza, according to diplomatic sources. “Greece, which from the first moment stressed the…
Athens / Piraeus participation among the largest shipping centers in the world lays on ship management. According to research by DNV and Menon, Greece is recognized as the world capital…
The resumption of the two major shipyards and their cooperation with the shipping cluster is a great opportunity for the Greek economy. Under the guidance of leading shipowner George Prokopiou,…
Greek shipowners have the largest commercial fleet in the world in terms of transport capacity, while at the same time they own the second largest in terms of value. According…
Trade Estates will proceed with the distribution of 90% of the company’s net annual profits, instead of the 50% that Real Estate Investment Companies are required to distribute as a…
DIS is excited to announce a partnership with ION, the iconic Greek chocolate company, celebrated for its legacy of delectable crafting chocolate treats for over 85 years. This collaboration signifies…
A total amount of 100 million euros from the “Digital Transformation 2021-2027” program of the NSRF will be channeled to the digital strengthening of the Independent Public Revenue Authority (AADE).…
Bulgaria’s gas tax has sparked tension in a period of intense volatility in energy prices. More specifically, Bulgaria has imposed an extraordinary tax of 10 euros/MWh on Russian gas transported…
Hellenic Cables and Seaway7 signed a deal for the EastAnglia 3 offshore wind farm being developed by Scottish Power Renewable. According to an announcement, the partnership demonstrates Hellenic Cables’ commitment…
Public has recorded over 100 million online and physical visits to the stores as well as to Public.gr over the last year. According to the company, more than 70% of…
EuroDry announced a joint venture with Norwegian investors for two bulk carriers it recently acquired. In particular, the US-listed company announced a joint venture with investors represented by NRP Project…
More and more shipowners who decide to invest in new-build vessels turn to the installation of energy saving systems (ESDs) since the landscape of alternative fuels is still vague. These…
The Greek Merchant Fleet showed a small decrease in August 2023, while a drop was also recorded in the total tonnage of all ship categories, with the largest in cargo…
Greek bonds are currently eligible for the PEPP, which is the only active program of the ECB, through reinvestments, ECB President Christine Lagarde said on Thursday in response to a…
The Egypt-Greece “GREGY” electrical interconnection has been proposed for inclusion in the European Union’s list of Projects of Mutual Interest. The European Commission’s Directorate-General for Energy (DG Energy) announced that…
Construction inflation is running high compared to the consumer price index (1.6%). More specifically, the price index of building materials rose 6.4% in September. Therefore, conditions for the Greek real…
Approximately 13% of real estate auctions end successfully, while 14,000 new real estate auctions are scheduled to take place in the next 10 months, with a total value of 1.35…
Mytilineos remained on a steady upward trajectory, despite the significant reduction in energy and metal prices recorded in the nine-month period of 2023. According to a statement, turnover amounted to…
The ECB’s key deposit rate will remain stable at its current level of 4% until July 2024, as the central bank is expected to halt the most aggressive series of…
Ten Brinke Hellas is planning to increase investments in the coming period, the company’s managing director, Fotis Gioftsios, said during the 24th Prodexpo. The investments approved by the group of…
PCT (Piraeus Container Terminal), a subsidiary of COSCO SHIPPING Ports Limited, has made Investments amounting to approximately 600 million euros, from 2010 to date, taking advantage of the strategic position…
Α total of 50% of European energy-intensive industries have closed down, most of which have moved to the USA, the president and CEO of Mytilineos, Evangelos Mytilineos, stated at the…
Eldorado Gold’s assets in Greece are key to its strategic development plans, the CEO of the Canadian company, George Burns, said speaking at the Toronto Economic Forum II, organized by…
“It is the time of international interconnections and storage,” the vice president and general manager of Technology, System Development and Strategy of the Independent Power Transmission Operator (IPTO), Ioannis Margaris,…
