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Tuesday, 23 January 2024

HRADF announces highest bidder for Sani Kassandra

The Hellenic Republic Asset Development Fund (HRADF) declared the National Fund Sani Development and Tourism Company SA as the highest bidder for the development of the property Sani-Kassandra in Chalkidiki…

2024 a milestone year for the logistics industry in Thessaloniki

2024 will be a milestone year for the logistics industry in Thessaloniki and its role as an international transit center. Two of the three very large logistics projects of the…

Goldair Handling expanding to India’s Nagpur Airport

Goldair Handling India (Nagpur) announced its entrance to the Airport Dr. Babasaheb Ambedkar, in Nagpur, India. Greek-owned Goldair Handling India (Nagpur), after a tender process, is preparing to start operations…

Top countries with high contribution to travel receipts

In January-November 2023, the number of inbound travelers rose by 17.3% to 31,969.7 thousand compared to 27,255.4 thousand the same period last year, according to the Bank of Greece. More…

GREGY Project: Egyptian President meets with Copelouzos Group

Egyptian President Abdel Fattah El-Sisi was briefed about the progress of the “GREGY Project” concerning the electrical interconnection of Egypt with Europe, during his meeting with the president of the…

Monday, 22 January 2024

LNG is shipowners’ top choice

The use of LNG as a marine fuel is constantly gaining ground aligning with the International Maritime Organization (IMO) goals for zero gas emissions by 2050. According to Norwegian DNV,…

The repercussions of unrest in the Middle East

Shipping companies and analysts are raising concerns over the viability of the alternative route around the southern tip of Africa that ships are recently following in order to avoid the…

NielsenIQ: Supermarket turnover up 8.9% in 2023

Supermarkets  turnover grew 8.9% in 2023, according to a report released by NielsenIQ.  More specifically, the report on FMCGs noted a significant double-digit price increase in the first six months…

The repercussions of unrest in the Middle East

Shipping companies and analysts are raising concerns over the viability of the alternative route around the southern tip of Africa that ships are recently following in order to avoid the…

Orders for VLCCs will more than double in 2024

Supertankers, which can carry 300,000 tons of crude oil, are expected to attract the investment interest in 2024. According to the Poten & Partners analysis, the so-called Very Large Crude…

ISOMAT Group: Positive results and expansion to new markets

ISOMAT Group announced higher results as well as plans to further strengthen its extroversion by expanding to new markets. In 2022, the ISOMAT Group managed to increase its financial figures,…

From Davos to New York: Greek companies participating in JP Morgan conference

From Davos to New York, the delegations are being prepared for the investment conference of JP Morgan that aims to support Greece’s investment prospects. The conference focuses primarily on banking…

Increasing the use of the Rakuten Viber ecosystem supperapp in Greece

Rakuten Viber, the application for secure and private communication through messages and voice, recorded a rapid increase in the number of new features in the Greek market last year. According…

Alpha Gas invests 500 million dollars in VLACs

The order book of the Angelicoussis Shipping Group reached a double digit number, after the decision of Alpha Gas, its tanker arm, to make an investment opening in ammonia transport…

Manpower Employment Organization: The sectors in need of personnel

According to the Manpower Employment Organization Greece, the number of job vacancies reached 11,540 in various sectors of the economy, with manufacturing, wholesale and retail trade, accommodation and restaurants taking…

Friday, 19 January 2024

BoG: Tourist receipts soar over 20 billion euros in 11-months

The current account deficit fell to 11.9 billion euros in the 11-month period of 2023, while tourism continued its impressive performance, with travel receipts soaring 15.4%, surpassing 20.11 billion euros.…

Ticket price hikes in compliance with EU emission regulations

Ferry tickets for the island of Crete are expected to be slightly higher, as the shipping sector joined the European Union’s Emissions Trading System. The most likely date of the…

Wind Energy: 2023 a milestone year – 5,000 MW ‘barrier’ broken

Wind energy connected to the grid exceeded 5GW, surpassing the 5,000MW threshold for the first time. More specifically, according to the annual statistics presented by the Hellenic Wind Energy Association…

Development Ministry’s measures to combat high market prices pass in Parliament

Hellenic Parliament passed late on Thursday the amendment of the Ministry of Development regarding the transparency of product prices, the rationalization of the prices of baby formula, as well as…

Gibraltar Maritime Day: An institution for the maritime industry held in Piraeus

The “GIBRALTAR MARITIME DAY” was organized for the first time in Greece, and more specifically in Piraeus, at the historic Piraeus Marina Club, by Level Communications, for the Government of…

Greece a hub for production, transport and consumption of hydrogen

Greece’s role in supplying Europe with hydrogen is very important, the CEO of Hydrogen Europe, Jorgo Chatzimarkakis, said in the framework of the Greek House Davos 2024, both as a…

Logistics center with unlimited exploitation prospects in Evia

A logistics facility, unique for Greece, has opened its doors in Vassiliko, Chalkida, offering port infrastructure with unlimited possibilities for the development of business activities, in relation to the supply…

The financial offers for the concession of BOAK to open on January 25

The political leadership of the Ministry of Infrastructure and Transport announced that the opening of the financial bids of the temporary contractor for the construction and operation of the Northern…

The port of Thessaloniki resilient to the effects of the Houthi attacks

The developments in the Red Sea have not significantly affected the port of Thessaloniki despite the fact that the Houthi rebels’ attacks have cost in time and money. “A third…

Thursday, 18 January 2024

Intralot extends lottery contract with La Marocaine Des Jeux et Des Sports

Intralot announced the extension of its contract with La Marocaine Des Jeux et Des Sports (MDJS), the state lottery offering sports betting and other games of chance in Morocco. According…

The main challenges of the yachting industry

The war conflicts in Ukraine and the Middle East, the soaring prices in Europe and the lack of marinas in Attica are the main problems of the yachting industry, according…

Spitogatos: Real estate prices on an upward trajectory

Property prices for rent and sale rose across the country at the end of 2023, according to a research by Spitogatos Insights based on the Spitogatos Price Index (SPI). More…

Electrical and electronics sector preparing for new generation of products

The electrical and electronics sector is being prepared for the new generation of products, following the convergence of the energy sector with the retail sector and the expansion of artificial…

Profits for Greek banks even after interest rate cuts

Banks see positively the possibility of a reduction in interest rates, even a small one, in 2024, since they consider it would stimulate credit expansion and therefore enhance the sustainability…

Mitsotakis outlines plan to render Greece an exporter of green energy

Prime Minister Kyriakos Mitsotakis outlined the government’s plan to render Greece an exporter of green energy at least to the Balkan countries during his participation in a round table discussion…