EcoLog, owned by shipowner Peter Livanos, went a step further in designing a network of ships and infrastructure for the transport of liquefied carbon dioxide. The company has signed a…
The Special Spatial Planning of Tourism has triggered a conflict between the mining industry and tourism. According to the executives of the mining sector, it leads to a conflict of…
The leaders of 9 Mediterranean member states of the EU will meet on Friday in Paphos amidst critical developments in the Middle East. The Summit of MED9 (Greece, France, Italy,…
The Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) announced the successful completion of the first phase of exploration for hydrocarbons carried out by the ExxonMobil/HELLENiQ ENERGY consortium in the…
Yannis Hatzis, president of the Panhellenic Hoteliers Federation, outlined the difficulties plaguing Greek tourism, in an interview with “Naftemporiki” TV. Looking to the future, Hatzis referred to the competition that…
The second phase of the IPTO international tender begins, with the aim of concluding a framework agreement for the 150 kV AC submarine cable projects of the interconnections of the…
UniSystems is advancing in the provision of services based on Artificial Intelligence. The IT company, a member of the Quest group, in collaboration with SmartRep, created through Artificial Intelligence the…
Greece’s loan strategy will include a limited number of bond issues in 2025. According to the 2025 draft budget, key factors for next year’s planning are the high cash reserves,…
The construction of approximately 160 apartments for rent in Ellinikon is underway following the establishment of the special purpose company AURA Residential. This is a total investment of 225 million…
The development of businesses creates new jobs that are not easily covered, due to a lack of skills on the part of the workers, but also because many Greeks have…
Nine regional airports will suspend their operation between November 2024 and February 2025 for runway upgrades, manager Fraport Greece announced. More specifically, the following airports will be affected. – Samos…
Greece’s transformation into an energy hub is amazing, Assistant Secretary at US Department of State Geoffrey Pyatt said in an exclusive interview with “Naftemporiki” and Michalis Psilos. Former US Ambassador…
Investments in new ship orders have reached their highest level this year since the three-year period 2006-2008, when they reached an all-time high. According to Clarksons’ data, the market has…
The promotion of the Regions of Central Greece, Western Macedonia, Eastern Macedonia & Thrace and Alexandroupolis to the Turkish tourist market dominated a conference held on October 2, 2024 at…
The numbers of tourist arrivals in Greece do not reflect the real situation, Lysandros Tsilidis, the president of the Federation of Hellenic Associations of Tourist and Travel Agencies (FedHATTA) told…
A few days after the acquisition of Attiki Odos, GEK Terna sold a percentage of the company Nea Attiki Odos Concession to Latsco Direct Investments Cyprus, the investment vehicle of…
A different proposal for the acquisition of a luxury vacation home was presented by the newly founded company Owners. It is aimed at Greeks who are looking for a vacation…
The Athens Stock Exchange is becoming more and more bank-centric, which is also reflected in the new, increased weighting factors in the FTSE indices. At the moment, the cumulative capitalization…
TITAN has signed a FEED-Front End Engineering & Design contract with Thyssenkrupp Polysius for the IFESTOS large-scale carbon dioxide capture project. According to the announcement, this collaboration is an important…
The establishment of the cable production unit in the US is critical for Cenergy Holdings. According to the company’s management, the new investment launched on the other side of the…
FTSE Russell added the Athens Stock Exchange to the Watch List for the next 12-18 months with the view to upgrading it to “Developed Market” from “Advanced Emerging.” According to…
AEGEAN passenger traffic increased by 5% in the first nine months of 2024, compared to the previous year, exceeding 12.5 million passengers. At the same time, it carried more than…
The Minister of National Economy and Finance Kostis Hatzidakis, who participated in the Eurogroup and ECOFIN meetings in Luxembourg, referred to the Letta and Draghi reports. Addressing his counterparts, Hatzidakis…
“We have markets that are operating efficiently and giving the right signals. We need dynamic (not unpredictable) regulation to de-risk and invest in infrastructure. And we definitely need a capital…
Flexopack is making a new investment of 33 million euros, with the aim of further penetrating the US. More specifically, ‘Flexopack USA INC’, which is controlled by the Cypriot subsidiary…
Issues that concern the cruise industry, such as the crisis in the Middle East and the implementation of the cruise passenger fee, were discussed in a meeting held by the…
The contribution of the chemical industry, which faces the future by focusing on innovation and advanced materials, reaches 2% of GDP, as highlighted in a recent event for the celebration…
The next period is expected to be critical for Cenergy Holdings, which has set high goals regarding its activity in the international energy market, following the growing needs for energy…
Deputy Minister of Environment and Energy Alexandra Sdoukou visited the mining project in Skouries, Chalkidiki. She was informed in detail about the latest developments in environmental technologies and safety protocols…
The extinguishing of the fires on the Greek-flagged tanker “Sounion”, which has been moved to a safe location off Eritrea, has been successfully completed. According to “Naftemporiki” sources, at least…
Investment plans totaling more than 2 billion euros, in Attica and Thessaloniki, are underway in the sector of logistics. Investment interest – international and domestic – in the logistics market…
By Antonis Tsimplakis, [email protected] Shipping fuel suppliers are moving at the pace of the green transition. Shipyards are taking new orders for ships that can handle LNG, methanol and ammonia,…
Vodafone Greece welcomed the India-Europe-Xpress (IEX) cable system, one of the largest submarine cable systems in the world, to Crete. The IEX system will be connected to Vodafone Greece’s cable…
The 2025 draft state budget was tabled in Parliament for discussion in the Standing Committee on Economic Affairs. According to the draft budget, GDP growth is expected to reach 2.2%…
Optimism about the future of Avramar is caused by the fact that all three interested parties appear to have submitted a binding offer. It is recalled that the three interested…
Cruise companies have asked for the implementation of the extraordinary cruise fee per passenger from 2026 onwards, in order to avoid any unpleasant consequences in the specific industry. According to…
The hotel industry will not be able to make the qualitative “leap forward”, as international competition demands, due to economic suffocation, alternate professor of the University of Western Attica, president…
The plastic packaging industry is under pressure, according to recent data from ICAP. Two important factors contribute to this; the sector’s exposure to price changes and especially polyethylene, which is…
The Piraeus Port Authority (PPA S.A.) was awarded five top awards for its performance in the critical areas of environmental protection and regulatory compliance. According to the company, these recognitions…
Uber characterizes the tourist season in Greece as extremely successful this year, while pointing to an extension of the season. In Athens, tourist movements in the city increased by an…
Italgas is planning the utilization of the monitoring and operation technology applied to the natural gas distribution network in Italy for the infrastructures of Enaon EDA in Greece. In particular,…
Greece is lagging behind the rest of Europe in 2024 in terms of household savings, which remain negative with a percentage of 5.63%. The negative performance in savings also affects…
The 2025 draft budget will be submitted to the Parliament on Monday with the main priority being the maintenance of the primary surplus at high levels and fully aligned with…
Cenergy Holdings has succeeded in consolidating its position as a leading player in the energy sector internationally by investing in innovative technologies and steadily expanding its activity globally. The company…
All the major rating agencies participated in the disinvestment process of the Hellenic Financial Stability Fund (HFSF) from the National Bank, bringing 690 euros in revenue to the State. According…
The five main priorities for the development of OTE until 2030 were presented by the president and CEO of the Group, Kostas Nebis. Regarding optical fiber to homes and businesses…
The decision of the German BSH, parent of the Greek BSH Home Appliances, to stop the distribution of household appliances under the Siemens brand in Greece and Cyprus, fuels the…
Investor interest was strong during the auction of three-month T-bills amounting to 500 million euros. The yield stood at 2.84% from 3.23% during the corresponding previous auction, on July 31,…
The Hellenic Financial Stability Fund (HFSF) announced on Wednesday that its Board of Directors approved a narrower price range within the price range for the international offering in its meeting…
The way is opened for adjustments to the water supply tariffs with the publication of the Joint Ministerial Decision in the Government Gazette which determines the new water pricing rules.…
