Nestlé celebrates 125 years of presence and continuous supply in the Greek market this year. The CEO of Nestlé Hellas, Nikos Emmanouilidis, stated on the anniversary: “Our 125 years of…
National Bank announced organic profits after taxes of 983 million euros in the first nine months of 2024 (15% annual increase). Following are the main financial figures, based on the…
The promotion of tourism cooperation dominated the bilateral meetings between Tourism Minister Olga Kefalogianni and her counterparts on the sidelines of the international tourism exhibition World Travel Market (WTM), held…
The CEO of ALPHA Asset Management, Panagiotis Antonopoulos, spoke on Naftemporiki TV about the savings of Greeks in deposits and real estate. “Greeks are well informed about interest rates,” he…
MSC Cruises sets sail for its first winter cruise season from Greece, with weekly departures from Piraeus to Mediterranean destinations. MSC Sinfonia will sail every Monday throughout the winter season,…
This is probably the best time to be active in the sector of construction in Greece and Romania, where the AKTOR Group operates, the president and CEO of the Group,…
Αlthough Greece is a mature tourist market, it has a lot of scope for development, with iconic investments able to give new, strong, dynamics to the economy. However, this does…
Coffee Island announced that it will gain a presence in the Indian market at the beginning of December. Meanwhile, after the opening of the fourth store in Egypt, the company…
The Governor of the Bank of Greece, Yannis Stournaras, spoke about the need to adopt innovative and sustainable fiscal solutions due to the increase in Public Debt in the Eurozone,…
Tourism Minister Olga Kefalogianni inaugurated the international tourism exhibition World Travel Market (WTM), as Greece was the honored country. Greece had a strong presence at the exhibition, with the participation…
Greek entrepreneurship is seeking to expand its presence in the sector of innovation, after the drop shown by the relative index during the period 2020-2022, according to the recent data…
The development of an effective and fair institutional framework for the taxation of cryptocurrencies, alongside the integration of international consumer protection legislation, was announced by the Minister of National Economy…
Diana Shipping has set a goal to reduce by 20% the carbon intensity of its fleet until 2028. As part of its green policy, Diana Shipping is committed to new…
The President and CEO of the Independent Power Transmission Operator (IPTO) Manos Manousakis described the “green transition” as a huge opportunity for Greece, during his speech at the 7th Athens…
New applications for out-of-court debt settlements, as well as the number of successful settlements outside of court, both rose in October 2024 compared to the same month the previous year, …
Hellenic Cables, the cable division of Cenergy Holdings, was selected by RTE (Réseau de Transport d’Électricité) to supply 170 km of 90kV cables, 420 km of 225kV cables, their related…
GEK Terna Group executives stressed the need to prepare a National Strategic Infrastructure Plan, so that companies can take the proper business decisions and plan the required investments in skills,…
Naval Group signed new contracts with Greek companies at the Greek stand of the Euronaval exhibition, in coordination with the Hellenic Manufacturers of Defense Materiel Association (SEKPY), continuing its commitment…
The Hellenic Shortsea Promotion Center (SPC Greece) assumed the presidency of the European Shortsea Network. ESN is the European body for the cooperation, promotion and development of shortsea shipping, handling…
Greek Prime Minister Kyriakos Mitsotakis congratulated Donald Trump on his election victory on Wednesday. “Congratulations Donald Trump on your election victory. Greece looks forward to further deepening the strategic partnership…
Greece needs to proceed with its productive transformation and strengthening of its extroversion, Minister of Development Takis Theodorikakos said at the 7th Athens Investment Forum: “Greece as a Stable Development…
A supplementary budget of 400 million euros for the immediate financing of important projects and infrastructures was submitted as part of the tax bill, which was put to public consultation…
Greece can be a key growth pillar in SE Europe, the CEO of Alpha Bank Group, Vassilis Psaltis, said from the stage of the 7th Athens Investment Forum. Psaltis highlighted…
Navios Maritime Partners announced an increase in revenue which was attributed to higher profits from the bulker market. More specifically, the US listed company recorded revenue of 340.835 million dollars…
Visibility in the planning of projects, timely payment of debts from the State, realistic review of costs and incentives for the employment of new workers in the construction industry are…
Investments must be strengthened, both at national and EU level, the CEO of Eurobank, Fokion Karavias, said at the “7th Athens Investment Forum” conference, adding that the Recovery and Resilience…
Forty-five Greek companies presented the production and export prospects of Greek fruits and vegetables in Madrid, in the context of the leading international exhibition of fruits and vegetables “Fruit Attraction.”…
Terna Energy undertook the project “Monitoring system for commercial vehicles and containers” of the Action “Digital Transformation of tax and customs authorities” for the total amount of 64.280 million euros…
INTRALOT S.A. announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT…
Everyone is interested in the US election results, where two different worlds and two different visions will compete. Even the listed companies on the Athens stock market are waiting for…
The rekindling of investment activity recorded in the last twelve months is spread across the entire spectrum of business activity and is not one-dimensional, a development that is particularly positive.…
Funds exceeding 78 billion euros have been invested in Greek companies over the last 12 months. As a result the market seems to be recovering its pace as well as…
As the time approaches for the meeting of Foreign Ministers of Greece and Turkey, George Gerapetritis and Hakan Fidan, respectively, the prospects of an open or an underlying political confrontation…
The Independent Power Transmission Operator (IPTO) ensures increased energy reliability in the Ionian Islands with the upgrades of the Kefalonia-Zakynthos and Lefkada-Kefalonia electrical interconnections. The tender for the project, with…
The funds available to the food sector – industry and retail – exceed 1.2 billion euros, in order to support the development plans that have been implemented and are about…
The number of visitors at the port of Heraklion, Crete, exceeded every expectation. More specifically, the milestone of 500,000 cruise passengers was surpassed. On Sunday 3 November, during Mein Schiff…
The tourism industry has definitively left behind the problems created by the coronavirus pandemic, while it has shown resilience to geopolitical turmoil and economic difficulties and is looking ahead to…
The Salamis Shipyards successfully completed on October 10 and 11, 2024, the reactivation work as well as all the tests on the first two Island-type patrol vessels, with the two…
The Greek proposal for the creation of an Artificial Intelligence factory in Greece will be submitted in the next few days, following the relevant call of the European Commission in…
Costamare recorded profits of approximately 80 million dollars in the third quarter of 2024. The shipping company listed on the US stock exchange also showed stable liquidity of more than…
Debit and credit card penetration among the general population is reaching record levels. At the same time, an increasing number of merchants use payment cards on a daily basis, even…
The Independent Authority for Public Revenue (AADE) is intensifying its controls, focusing on taxis, street markets and other categories of professionals as of the current week. At the same time,…
Speaking at the 6th Renewable & Storage Forum, the Vice President and General Manager of Technology, System Development & Strategy of the Independent Power Transmission Operator (IPTO), Ioannis Margaris, referred…
Eldorado Gold, the parent company of Hellenic Gold, presented the updated operational goals for 2024 during the announcement of the third quarter financial results. Focusing on Greece, the company spoke…
Enearth submitted a request for additional EU funds for the underground carbon dioxide storage in Prinos. The company is a subsidiary of Energean that is developing the project, with a…
Athens hotels occupancy rates decreased for the fifth month in a row. More specifically, the overall hotel demand fell by 1.2% in September compared to the corresponding month in 2023.…
Aktor is expected to purchase Prodea’s portfolio of 56 properties with a discount of 3% and an average yield of 7%. Prodea’s properties are valued (fair value 30/6/24) at 600…
The Ministry of Development announced the approval of 271 investment projects throughout Greece, with a total budget of 858 million euros. The approvals concern 162 investments in tourism and 109…
Ο Αγιοτόκος Πόντος καμαρώνει για πολλά παιδιά του, καθώς αποτέλεσε γενέτειρα πλήθους γνωστών και άγνωστων σε εμάς (όχι όμως και στον Παντογνώστη Κύριο) μαρτύρων. Ανάμεσα στους Aγίους του ξεχωρίζει η…
Cosmos Group expects a high growth rate of around 30% for the period 2025-2030 with turnover reaching 115 million euros by 2030. More specifically, turnover is seen at 75 million…