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Friday, 05 April 2024

Aktor expands its footprint in Romania

Aktor will seek to expand its footprint in Romania by taking advantage of new market opportunities that will arise in the future, such as PPPs and concessions, Aktor’s president and…

Thursday, 04 April 2024

Interconnection of POS with cash registers-Penalties for non-compliance

The Independent Public Revenue Authority (AADE) is about to initiate inspections on businesses with an annual turnover of more than 1 million euros, which have not proceeded to the interconnection…

METON Energy: Four photovoltaic projects with RRF funds and loans from Alpha Bank, Eurobank, National Bank

Alpha Bank, Eurobank and National Bank have signed loan agreements with the energy groups RWE and PPC for the construction of four photovoltaic projects, with a total capacity of 730…

Mytilineos: Second CCGT project in Poland

Mytilineos, in consortium with Siemens Energy Global GmbH & Co. KG and Siemens Energy sp. z o.o., has undertaken the construction of a 560 MW CCGT power unit with associated…

Fines totaling 1.38 million euros to 13 companies for unfair profiteering

As the ministry stated in its announcement, violations of the relevant provisions were found in products of 13 different companies after inspections carried out by the competent authorities. More specifically,…

‘Principia’ a joint venture of Macquarie-Enel Green Power

Principia is the name of the new renewable energy company, which was founded by its shareholders, Enel SpA and Macquarie Asset Management, and has been active since 2008 as part…

EcoLog steps up its actions for green CO2

EcoLog, owned by Peter Livanos, made another step forward as part of its strategy to develop a value chain for the exploitation of liquefied “green” CO2. The company, which is…

Attica Bank: Loans to businesses from the Recovery Fund

Alternate Minister of National Economy and Finance responsible for the Recovery and Resilience Fund, Nikos Papathanasis, and Attica Bank signed the agreement for the utilization of the funds of the…

9th Delphi Economic Forum: 1,000 speakers from 70 countries

More than 1,000 personalities from 70 countries – leaders from all over the world, ministers, senior officials of the European Union and international organizations, distinguished businessmen, important representatives of the…

Athens Stock Exchange: Construction sector value close to 9 billion euros

The shares of the 6+1 construction companies of the Athens Stock Exchange continued with significant returns in the second quarter of 2024, taking advantage of the positive pace of the…

AEGEAN: Passenger traffic up 11% in first quarter of 2024

AEGEAN recorded significantly positive numbers in passenger traffic, in the first quarter of the year, along with an equivalent growth of 11% in both domestic and international networks. During the…

Wednesday, 03 April 2024

Titan Group plans green investment of 500 million euros

Titan’s investment, under the name “IFESTOS”, amounting to  500 million euros, in its factory in Kamari, Boeotia, is in progress. Upon its completion, the aforementioned industrial facility in 2030 will…

Spectacular increase in modern tankers deals

Modern tankers are in high demand in the shipping market, as evidenced by the spectacular increase in construction during the first quarter, as well as the massive interest in vessels…

Kefalogianni: The direct Shanghai-Athens air connection is an important milestone for Greece and China ties

The launch of direct flights between Shanghai and Athens constitutes a milestone as well as a strong incentive for enhancing travel flow from both sides, Tourism Minister, Olga Kefalogianni, said…

Intralot: New international contracts until the end of May 2024

More specifically, the company is bidding for important projects in ongoing tenders until May 2024, with an emphasis on the gaming markets of the USA, Brazil and Australia and Canada.…

Intralot: New international contracts until the end of May 2024

Intralot is going through a period of intense business activity with participation in major international tenders and new contracts. More specifically, the company is bidding for important projects in ongoing…

Mitsotakis in meeting with IFPMA: Placing special emphasis on innovation

Prime Minister Kyriakos Mitsotakis placed special emphasis on innovation, during his meeting with the heads of companies and associations of the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA), at…

Dimand: Return to profitability in 2023; positive outlook

Dimand achieved a return to profitability as well as a 64% increase in the fair value of the Group’s investment properties and investments in joint ventures in 2023. The total…

Golden Visa: The purchase of properties under the old rules until August 30

Citizens of third countries can purchase a property and obtain a Golden Visa based on the “old” rules until August 30. However, a transitional period is foreseen so that the…

Perdikaris (TERNA): All our projects are focused on social welfare

“The renaissance of the construction industry is inextricably linked to the prosperity of our country,” Giorgos Perdikaris, president of TERNA, said summarizing the importance of the existence of a growing…

Exarchou (Intrakat): Potential loss of RRF funds without major project reforms

Intrakat Group’s vice-president of the Board of Directors and managing director Alexandros Exarchou warned against the possibility of the loss of resources of the Recovery and Resilience Fund (RRF) if…

Juneyao Air launches direct flight between Shanghai and Athens

“Let me express my gratitude to the government services of China and Greece, our partners and customers for their support,” said Wang Junjin, president of Juneyao Air. He added, “with…

Tuesday, 02 April 2024

Grant Thornton: Less than half of Greek businesses have a clear digital transformation strategy

Under 50% of businesses in Greece currently have a clear digital transformation strategy. At the same time, only 3 out of 10 plan to invest more than 150,000 euros in…

Titan Group: Investment of 26 million euros in the factory in Kamari, Boeotia

Titan Group held on Tuesday the inauguration of the 26-million-euro investment in the cement factory in Kamari, Boeotia, in the presence of members of the government. The investment concerned the…

Mytilineos-Karatzis sign “green” PPA of 210MW

MYTILINEOS Energy & Metals and KARATZIS SA signed a 210MW long-term Power Purchase Agreement (PPA) for the green energy produced from a 262 MW solar portfolio. Under the PPA signed,…

Growthfund announces record revenue and profit in 2023

The Growthfund, the National Fund of Greece, announced record revenue and profit in 2023. More specifically, it more than doubled its revenue and profits in 2023 compared to the previous…

Alpha Bank: Greek economy showed resilience in 2023

Despite the unfavorable external environment, the Greek economy showed particular resilience in 2023, both in terms of strengthening economic activity and creating new jobs. According to an economic analysis by…

Nousias to “Naftemporiki”: We want to support 100 start-ups in the next 5 years

“A total of 37 companies operating in 20 different sectors of the economy have been supported by the ENVOLVEXL program,” Managing Director of Envolve Entrepreneurship, Alexandros Nousias, said in an…

The Hellenic Aerospace Industry’s modernization a pillar for Greek defense industry

National Defence Minister Nikos Dendias’ big bet is the revival of the Hellenic Aerospace Industry (HAI) with the view to playing a critical role to the upgrade of the Greek…

Melisanidis: Naftemporiki has left its mark on Greece’s media sector

The significant course of “Naftemporiki” in the media sector, its dynamic footprint, but also the promising future of the group, was highlighted by its publisher, Giorgos Melisanidis, during his speech…