Supermarkets with an annual turnover of more than 90 million euros should “alert” the Ministry of Development when they receive price lists with increases – mainly in food – from…
The Athens stock exchange ranks first among the sixteen developed markets, as well as among the 4 MSCI international indices that follow managers with funds of more than 55 trillion…
The challenges faced by private entrepreneurship such as the existence of well-paid jobs, the training of the workforce to acquire high-level skills, the possibilities for further attracting investment, but also…
The Ministry of National Economy and Finance and the Independent Public Revenue Authority (AADE) have recorded gaps in the current tax legislation regarding transactions with cryptocurrencies and digital assets. Therefore,…
Danaos has implemented a careful growth strategy in large bulk carriers, such as capesize, continuing the cost-effective acquisition deals. In the latest development, the US-listed company has strengthened its fleet…
AB Vassilopoulos’ main priorities are returning to a profitable trajectory this year and adjusting its strategy along the axis: prices, variety and service. The head of the Greek subsidiary of…
Retail commerce enterprises’ turnover grew 12.3% in July totaling 3.94 billion euros compared to 3.51 billion euros in July 2022, and rose 5.5% in comparison with June 2023, when the…
The budget is expected to set a new historical record in VAT receipts in 2023. More specifically, tax receipts exceeded the target by 805 million euros in the eight-month period,…
Cosco Shipping is taking a leading role in the development of a green methanol supply chain in China, as an alternative shipping fuel. The state-owned giant, which recently placed an…
GEK TERNA Group’s total revenue climbed to 1,604.3 million euros in the first half of 2023 compared to 1,461.6 million euros in the respective period last year. Operating profitability increased…
Captain Wang Jihang was appointed managing director of Piraeus Container Terminal (PCT), Cosco Shipping Ports. Wang Jihang was appointed PCT’s chief operations officer in 2017 and deputy general manager in…
Moderate optimism prevails in the electrical and electronic goods market. On the one hand, analysts estimate that the turnover of the market will exceed 3 billion euros in 2023. On…
The establishment of a single taxation and insurance awareness certificate, which will be launched in January 2024, is aiming at exerting further pressure on the debtors of the Tax Bureau…
Greek exports to Spain rose to 1.24 billion euros during the seven-month period of January – July 2023, up by 3.8% compared to the corresponding period of 2022, when it…
Alexandros Kouris, owner of Nissos brewery, outlined the new commercial partnership with Carlsberg, which will have a 10% participation in the equity capital, upgrading the company’s network and extroversion in…
The commercial map in the tanker market has changed completely, after the war in Ukraine, with ships traveling longer distances, contributing to the rise of freight rates. The European Union…
The Greek budget recorded a primary surplus of 5.596 billion euros in January-August compared to a surplus target of 2.314 billion euros and a primary surplus of 19 million euros…
The orders for new product tankers increased in the first eight months of 2023. According to BIMCO analysis, new orders have reached a 10-year high, especially agreements have been signed…
Hellenic Environmental Center (HEC) further expands its network, through its subsidiary Green Ports (Malta) Ltd. The company, which has a strong presence in the Greek ports of Gibraltar and Hamburg,…
The Hellenic Financial Stability Fund (HFSF) announced the launch of the disposal of its stake in Eurobank. More specifically, the HFSF announced its intention to dispose of its entire stake…
The price of olive oil climbed by 35% in August, surpassing 13 euros per liter in the super markets, with the estimates being ominous. The vice-president of the Greek Association…
The disruptions in global supply chains – particularly with the war in Ukraine and the sanctions imposed on Russia – and the post-COVID trend towards “nearshoring”, initially, and – due…
Despite the most aggressive interest rate cycle, the cost of living crisis, as well as the geopolitical tension, the stock markets for most of the year recorded a positive performance.…
Stefanos Kasselakis was elected as the new leader of the main opposition SYRIZA-Progressive Alliance. Kasselakis received 56.69% of the vote compared to 43.31% received by the other candidate Effie Achtsioglou…
Athens-Piraeus is among the largest shipping centers in the world. According to the latest data from the Xinhua-Baltic Index, Singapore kept the title of the world’s largest shipping center in…
The official kick-off meeting of the project “EPHYRA” for the construction and operation of an innovative renewable hydrogen production unit, takes place on September 21 and 22 in Athens and…
Twelve German companies from the shipping sector are expected in Piraeus between October 9-12. These are mainly companies with “green” and “smart” services, which aim to drastically reduce the carbon…
The government will seek the establishment of an inter-Balkan entity responsible for taking critical initiatives concerning the region with an emphasis on upgrading Greece’s competitiveness in global freight transport/logistics through…
“Naftemporiki” is expanding its cooperation with the Chinese media giant “Economic Daily”, thus contributing to a better understanding of the economic data of the two countries and opening a communication…
Qatar’s grand shipbuilding program for LNG transport ships enters the second phase, with a new and larger tonnage, attracting the Greek interest among others. Qatar aims to increase its liquefied…
Twelve German companies from the shipping sector are expected in Piraeus between October 9-12. These are mainly companies with “green” and “smart” services, which aim to drastically reduce the carbon…
The installed capacity of TERNA Energy increased to 1,225 MW at the end of September compared to 905 MW at the end of 2022, following the completion of the installations…
The Athens General Index has dropped 10.83% and lost 9 billion euros in capitalization over the last 40 sessions, after the 111-month high (1,345.95 points) recorded on July 25. As…
Addressing the 78th UN General Assembly, Prime Minister Kyriakos Mitsotakis referred to the main challenges facing humanity, climate change and migration. The Prime Minister proposed the creation of a global…
Eurobank’s proposal for the buyback of 1.4% of its shares now held by the Ηellenic Financial Stability Fund (HFSF) is expected in the afternoon. Meanwhile, it is estimated that these…
Chinese shipping groups that also manage container terminals are increasing their presence in Europe. Chinese companies made investments in 31 ports in Europe and the Mediterranean at the end of…
The major projects in the port of Piraeus, including the continuation of the construction of the new cruise pier, will begin after receiving the relevant permits from the Ministry of…
The Greek Capital Market Commission approved the initial public offering and listing of Optima Bank’s shares on the Athens Stock Exchange. Under the plan, Optima Bank will issue up to…
Travel receipts hit a record 10.3 billion euros in January-July, according to the Bank of Greece. In July – a very difficult month due to the prolonged heatwave and the…
Jotun Hellas- a leading marine coatings solutions provider in the Greek maritime industry for 50 years- introduces its Aerial Drone Inspection Service. This cutting-edge service involves certified and experienced Jotun…
