The order book of Greek interests in Asian shipyards is constantly expanding. In the last ten days, brokers from Greece and abroad have recorded 16 new orders from five Greek-owned…
Hellenic Electricity Distribution Network Operator (HEDNO) is launching a new application that will inform users immediately and accurately about the energy produced by Renewable Energy Sources. Within the framework of…
PPC Renewables announced the construction phase of three new wind parks in Greece, with a total capacity of approximately 100MW, moving forward with the organic growth of PPC Group’s RES…
OPAP CEO Jan Karas focused on the successful implementation of OPAP’s strategy during the analysts’ briefing, emphasizing that they reflect both its strong financial performance and the upgraded products offered…
The important reforms that have been implemented to modernize the tax administration, as well as the new tools that will be put into operation in 2025 to further improve citizen…
Supermarket chains recorded a 10.1% increase in revenue and 32.5% increase in profits in 2023. The net profit margin before taxes stood at 1.8%, slightly higher compared to 1.4% in…
The Eugenides Foundation actively participated in the discussion on the development of renewable energy sources at sea, within the framework of the “Offshore Wind Energy Greece 2024” conference on Greek…
The agreement for the sale of 20% of the subsidiary of IPTO and implementing body of the Crete-Attica electricity interconnection, Ariadne Interconnection, to State Grid International Development (SGID), was signed…
If someone reads the reports of foreign rating agencies about Greece, he will have the feeling that the economy is soaring and that Greek households are fully content – in…
The agreement for the establishment of the Islands Decarbonization Fund, a financial tool that will support the decarbonization of the Greek islands, was signed on Thursday in Naxos. The relevant…
The new policy of the Independent Authority for Public Revenue (AADE) based on the implementation of digital tools seems to be starting to bear fruit. Revenues have increased, paving the…
PPC has completed the acquisition of the renewable energy portfolio of Evryo Group in Romania, which is controlled by Macquarie Asset Management. This acquisition is an important milestone in the…
Five interventions in as many sectors of the economy that directly affect both the consumers and public finances were announced by the President of the Hellenic Competition Commission, Irene Sharp,…
The textile industry has been the engine of the national economy for decades, with dozens of factories located in many cities across Greece (mainly in Macedonia), significant export activity (up…
The strong interest of major international investors to operate in Greece’s Renewable Energy Sources (RES) market was confirmed once again. More specifically, the US giant Amazon plans to invest more…
Tourism in the Cyclades sent mixed signals in the third quarter of 2024 in terms of accommodation and food service activities revenue, according to data published by ELSTAT and processed…
OPAP announced that net profit rose 14.4% to 352 million euros in January-September compared to 307.7 million euros in the same period of 2023. OPAP’s revenues reached 1,648.3 million euros…
The port of Piraeus continues to receive pressure, but not on domestic transit, as container ships are diverted around the Cape of Good Hope due to turmoil in the Red…
A landmark year in the history of Star Bulk Carriers was 2023, when the shipping company, led by Petros Pappas, achieved the deal of the year with the absorption of…
The absorption of the Recovery Fund resources will remain the major support of the Greek economy in the next two years, according to UBS. The Swiss investment bank remains quite…
Motor Oil analyzed the group’s strategy until 2030, noting that its goal is that its activities in the electricity and circular economy sectors will increase in scale and financial performance…
The return of Donald Trump to the White House is expected to have significant repercussions in the technology sector, starting with an increase in the prices of electronic devices, due…
Intrakat, now Aktor, has turned the page with the approval of the share capital increase of 200 million euros, which will finance acquisitions and investments in the Group’s sectors of…
Economy and Finance Minister Kostis Hatzidakis tabled the draft budget for 2025 in Parliament. Together with the draft budget, the minister also submitted the report on tax expenditures, the reports…
Amazon has announced its investment in three new large-scale wind farms in Greece, the company’s largest renewable energy initiative in the country so far. The farms will help meet Amazon’s…
The new regulatory framework, European and Greek, the need for businesses to redesign processes and products and commit to a future where environmental priorities are balanced with the necessary development…
DBRS is signaling a possible upgrade of Greece’s four systemic banks, following the faster-than-expected amortization of deferred taxes (DTC). Deferred taxes are included in Greek banks’ capital, but are considered…
The reactions of the 27 Greek shipping companies listed on US markets to the victory of Donald Trump were mixed. According to a survey by “N”, the general trend of…
The heads of systemic banks who participated in the discussion on “The new era for Greek banks”, which was organized by the Bloomberg news agency, were particularly optimistic about the…
Reds, a subsidiary of Ellaktor, purchased a real estate portfolio, in order to generate revenue. More specifically, Reds is purchasing Athens Properties BV, owner of 10 properties, independent buildings in…
The implementation of OTE Group’s investment plan, which will cover 2/3 of the country with Fiber To The Home (FTTH) by 2027, the need to stimulate the penetration of this…
Payments in Greece are on a path of dynamic transformation, with digital payments and e-commerce steadily gaining ground in recent years. The recent legislative arrangements for the establishment of direct…
A decisive factor in attracting strategic investments in tourism is the credibility of the government’s announcements for the creation of a friendly investment climate, with spatial planning being one of…
The sector of shipyards creates important economic prospects for the Greek economy, the president and CEO of ONEX Group and president of the Hellenic Shipyards Association, Panos Xenokostas, said at…
A mild deterioration of the economic climate was recorded in October, due to a decline in industry, according to a survey by the Institute for Economic and Industrial Research (IOBE).…
Greece is going to proceed with an early repayment of an another 5 billion euros in 2025, which it had borrowed in the context of the first memorandum, Prime Minister…
The executives of the telecommunications providers, OTE, Vodafone and Nova, expect a significant increase in the penetration of the optical fiber service to homes and businesses (FTTH), even doubling in…
It is now only a matter of time before the European Stability Mechanism (ESM) gives the green light for the utilization of the “hard core” of cash reserves, amounting to…
High primary surpluses, lower deficits and debt, restraint of public expenditure but also interventions amounting to 1.1 billion euros will be included in the final draft of the 2025 Budget…
EcoLog, owned by Peter Livanos, signed two landmark agreements for the transport of green hydrogen and liquefied carbon dioxide between Norway and the Netherlands. The two agreements were signed with…
More and more Greeks live in the digital world every day, especially the citizens of the countryside and the older ones, but this fact has increased the anxiety about cybercrime…
2024 will end with an impressive economic performance including an almost balanced budget, as the deficit, based on the latest estimates of the economic staff, is expected to fall below…
About 550 apartments will be available for sale in Ellinikon in 2025 by Lamda Development, which is in negotiations with banks for the financing of the two new shopping centers…
Safe Bulkers’ nine-month revenue stood at 236.1 million dollars, up 34 million compared to the same period in 2023. The US-listed company registered revenue of 70.5 million dollars in the…
Greece is expected to continue registering growth rates above 2% until 2026, return to high primary surpluses close to 3% in the years 2024-2025, reduce unemployment at a slower rate…
In 2027 and 2028, the public and private funds that will be required for the “greening” of coastal shipping and the development of port infrastructure are expected to rise to…
TIF-HELEXPO signed a memorandum of cooperation with the organization Hermes Expo International as part of the strategy for international networking and expanding the extroversion of Greek businesses. The memorandum was…
PPA S.A. participated in the 7th China International Import Exhibition (7th CIIE) in Shanghai, from November 5 to November 10, highlighting the strategic importance of the port of Piraeus in…
Greece ranks last in the OECD list due to the “volume” of overdue debts to the tax authorities. The problem became worse during the economic crisis and remains extremely acute,…
The president and CEO of ALUMIL George Mylonas had contacts with the biggest developers and construction companies in Canada. More specifically, he had meetings with companies that he has strategically…
