English

The full Medium-term fiscal-structural plan covering the years 2025-2028 will be submitted, based on the new fiscal rules, in September 2024. According to the forecasts included in the programme, the…

Coca-Cola HBC AG said on Tuesday its net sales revenue, on an organic basis, rose 12.6 % in the first quarter of 2024, with continued progress of our 24/7 strategy.…

State Budget net revenues amounted to 16,823 million euros for the period of January-March 2024, showing an increase of 430 million euros or 2.6% against the target of the corresponding…

More specifically, Morningstar DBRS has assigned National Bank of Greece a Long-Term Issuer Rating of BBB (low), rendering the Bank the first to regain investment grade status after nearly 15…

GEK TERNA said its revenues amounted to 3,499.2 million euros in 2023 compared to 3,938.3 million euros in 2022, in line with the normalization of conditions in the energy market,…

Greece has the second lowest employment rate in the EU and at the same time the Greeks are in second place, among the European partners, with qualifications higher than those…

SKY express now has 27 aircraft – 17% more than in 2024 – while the company maintains the privilege of having the newest fleet in Greece with an average age…

Plaisio continues to extend the range of white appliances in its network of stores, claiming larger market shares in the sales of specific household appliances, which is one of the…

The Piraeus Port Organization is making significant changes to the composition of the Board of Directors by appointing a new President, Mr. LIN Ji, and a new CEO, Mr. SU…

Terna Energy announced a 10% increase in revenue and 8.3% rise in adjusted operating profitability in 2023, mainly as a result of the greater installed capacity due to the gradual…

Thrace Group announced its 2023 performance focusing on three business sectors (artificial fabrics, packaging solutions and agricultural sector), coverage of 25 markets, development network in 80 countries, recyclable materials, turnover…

Athens International Airport SA announced total revenues and other income increased by 15.3 million euros, or 15.3%, to 114.6 million euros in the first quarter of 2024 from 99.4 million…

The long-term planning of the Hellenic Gaming Commission (2023-2027) for the reform of the gambling market is based on five pillars, according to the Commission’s Activity Report (2023), which was…

Olive oil has become a luxury item in EU countries. In the last year its price has increased by 69% in Portugal, 67% in Greece and 63% in Spain, which…

US Ambassador to Greece George Tsunis said that he was impressed by the course of the Greek economy. “Greece’s best days are ahead,” he said in an interview with “Naftemporiki”…

The procedures for the sale of Minerva SA Edible Oils and Food Enterprises have begun and are expected to be concluded in the last quarter of the year. According to…

The development capital that was invested by March 31, 2024 out of the total estimated capital of 920 million dollars for the Skouries project amounted to 237 million dollars. In…

Safe Bulkers continues to invest in newly built bulk carriers. More specifically, the US-listed company has agreed with a Japanese shipyard to order one more bulk carrier, kamsarmax type (with…

Greek households paid increased taxes on wages and social security contributions during 2023, deviating even further from the OECD average. This was attributed to the fact that tax systems were…

Deposits placed by households and private non-profit institutions increased by 396 million euros in March 2024, compared with a decrease of 156 million euros in the previous month, according to…

Space Hellas’ 2024 strategy focuses on possible acquisitions of companies that will expand its products and services, investments in research and development to acquire know-how and create innovative solutions and…

At the same time, net borrowing was reduced by 17.2% from 2022 and 59.8% from 2020. The above figures make up the strong performance of the AVAX Group in 2023…

The aim of Mytilineos is to increase the marketability and “visibility” of the company’s stock in the international markets, to expand its investment base and to give further impetus to…

The annual regular general meeting of OPAP shareholders focused on high dividends to shareholders and high targets for 2024. More specifically, the board of directors proposed the distribution of a…

The secondary market of ships shows high growth rates with Greek shipowners playing a leading role both as buyers and as sellers. In the first quarter of 2024, purchase and…

Greek banks are in a better position than in the past to withstand potential shocks, thereby bolstering the resilience of the Greek economy. In 2023, Greek banks improved their fundamentals,…

Cosmote participates in the European 5G SEAGUL project for the development of a Greece-Bulgaria 5G cross-border corridor (5G Corridor), which supports advanced Connected and Automated Mobility (CAM) functions. The aim…

The Hellenic Water and Sewage Company (EYDAP) is planning the further development of its activities with the help of the new legislative regulations. Meanwhile, the company has scheduled investments of…

Ideal Holdings presented its investment strategy in target companies, its financial dynamics and its portfolio. According to Lambros Papakonstantinou, president of Ideal Holdings, after the divestment from Astir Vitogiannis, the…

North Star Entertainment announced the construction of the new entertainment and accomodation center, including the relocation of the Parnitha casino in Marousi in 2024. The project is expected to be…

The management of Epsilon Net said on Thursday that it is in negotiations for a strategic collaboration with a foreign investor, adding that it reserves the right to inform investors…

At the same time, the average daily rate (ADR) for the first quarter remained roughly at the same level as last year, as it did not exceed 98.47 euros against…

Before the end of the first quarter of the year, the Greek State has already covered more than 80% of its annual needs following the latest issue of the 30-year…

Mytilineos is considering the possibility of listing its shares on an international exchange, including  the London Stock Exchange, within the next 12-18 months as part of its strategic review. However,…

Greek exports plunged in the first quarter of 2024, while some sectors managed to show resilience amid an unfavorable environment. According to the analysis “Business Trends: Exports (1st quarter 2024)”…

Τhe Superfund is proceeding rapidly with the next strategic steps for its transformation into a National Investment Fund. It has already announced an international tender for the selection of a…

Αthens International Airport has again won first place for its marketing strategy at this year’s largest annual meeting of the European aviation industry “Routes Europe 2024” (April 22-24) held in…

Greece raised 3 billion euros from the issue of a 30-year bond, receiving 33-billion-euro offers, with the interest rate lower by 15 points from the original guidance. The interest rate…

“The acquisition of Aktor, which is in a much better position than many may think, creates the basis for a significant improvement in EBITDA, which is expected to increase even…

Tsakos Energy Navigation has been running an investment program for the renewal of its fleet. The company is aiming at a 100% green fleet by 2030, as TEN’s founder and…

The Minister of National Economy and Finance, Kostis Hatzidakis, announced that the utilization of public property should be accelerated and the framework for short-term leases should be reviewed in the…

The organic development of PPC Renewables’ RES portfolio is progressing dynamically, as new wind and photovoltaic projects are constantly being added to the existing RES projects with an installed capacity…

The investment grade constitutes good news because it affects the reduction of borrowing costs for households, businesses, and the country, Alexis Patelis, Chief Economic Advisor to Prime Minister Kyriakos Mitsotakis,…

The cosmetics industry is seeing an increase in sales and extroversion, according to ICAP/CRIF data. More specifically, a further increase in the value of the domestic cosmetics market is expected…

“PPC is a force of stability and a leader in the energy transition,” the president and CEO of the PPC group, Giorgos Stassis, said speaking at the “2024 Energy Security…

ALUMIL, one of the leading aluminum architectural systems companies, continued to grow in 2023 amid global challenges and an unstable international economic environment. In particular, the Group achieved in 2023…

The research entitled “Building the future for an even stronger industry” analyzes the trends, perspectives and challenges facing the industry at the global, European and national level, focusing specifically on…

The balance of travel services posted a surplus of 117.3 million euros in February 2024 compared to a surplus of 116.2 million euros in the same period last year. In…

One of the most modern fleets of bulk carriers in the world is being built by Laskaridis Maritime. The company of the Alimia group has proceeded with 23 orders for…

The Ministry of National Economy and Finance is moving forward with the filing of an amendment which will provide for a 50% reduction in charges for transactions made via POS.…