English

Wednesday, 12 March 2025

Ship speeds lower in response to environmental targets

Signs of a further slowdown in speed limits were recorded by Clarksons Research in the first quarter of 2025, according to which all six main sectors of ocean-going shipping are…

Greek shipowners “build” 602 ships in Asian shipyards 

The number of commercial ocean-going ships under construction by Greek interests currently stands at 602. Greek shipowners continue their investment “rally”, building modern, quality ships in Asian shipyards. Mainly in…

Dust + Cream: New investments for the 2025-2026 period and expansion plans

The company’s management is seeking the further development of CREAM TEAM, which manages the Dust + Cream chain in the cosmetics sector, in Greece and abroad. As stated by the…

Luxury real estate market: Greece is an investment hotspot

Demand for luxury homes from foreign investors is constantly increasing, making Greece one of the top real estate investment destinations. As noted by Corina Saias, general manager of Premier Realty…

Cosmetics: Growth in 2025 – Increased production and consumption

The cosmetics industry expects a growth rate of approximately 4% in 2025, as stated by the sector representatives at the Annual General Assembly of the Hellenic Cosmetic, Toiletry & Perfumery…

Attica Group: Turnover up 27%

Attica Group announced a significant increase in its turnover, while for the first time the operations of the absorbed ANEK are integrated in the entire fiscal year 2024. More specifically,…

Athens Stock Exchange-The “7” listed companies that want to change category

At least seven listed companies valued at around 200 million euros are on the borderline between large and small cap companies in the Greek capital market. The new regulation of…

Aktor: Green light from the Competition Commission for the acquisition of MILORA

The Competition Commission approved the acquisition of Milora by the Aktor group, which is involved in the real estate development, management and exploitation sector. According to the announcement: “During the…

HDBI’s contribution to economic activity amounts to 3.8 billion euros

The ecosystem of the Hellenic Development Bank of Investments (HDBI) contributed to total economic activity of 3.8 billion euros during the period 2020-2024. Every one euro invested contributes to a…

Greek registry: Strong, but at a historic low

The Ministry of Μaritime Affairs and Insular Policy has been taking measures and following strategies lately to make the Greek registry more attractive. According to the Deputy Minister, Stefanos Gikas,…

Monday, 10 March 2025

Trade deficit exceeded 2.8 billion in January – Exports on a positive track

The deficit of the trade balance amounted to 2.809 billion euros in January 2025, from 2.589 billion euros in the corresponding month last year, recording an increase of 8.5%, according…

Ahrweiler for the 100+1 years of “N”: Society needs proper information on values ​​and ethical codes

After centuries of power being exercised by politicians and military men, after the dominance of economists, I think a new group of rulers is emerging. I will call them “the…

Global Chartering Limited and SEKAVIN sign cooperation agreement

Global Chartering Limited, a joint venture between ArcelorMittal and DryLog, and SEKAVIN have agreed to develop a strategic partnership to strengthen cooperation in the areas of marine fuel supply and…

Athens stock exchange: Business deals and Moody’s dominate the climate

Foreign capital markets may have recently recorded strong volatility, but the climate in the Athens Stock Exchange remains at its highest levels in the last 14 years (>1,600 points). The…

Greek university graduates unable to find jobs matching their qualifications

Greece has overeducated its young people, but is unable to find them jobs in the domestic labor market that match their knowledge, skills, training and broader education. As a result,…

Aegean: 1.9 million passengers in the first two months of 2025, up 9%

Aegean’s passenger traffic recorded a dynamic start in the first two months of the year, showing a 9% increase in total passenger traffic in January and February, having transported approximately…

4,221 Greek-owned ships “unite” the globe

The global leadership of the Greek-owned fleet, as well as the steady downward trend of the Greek flag were reflected in the data of the Greek Shipping Cooperation Committee in…

Dynagas LNG Partners: Revenues exceeding 1 billion dollars in 2024

Dynagas LNG Partners ended 2024 with contracted revenues of over 1 billion dollars, net profits of 51.5 million and a fleet utilization of 100%. The listed shipping company of George…

34% of SMEs are not aware of ESG criteria

A percentage 34% of the participants in a relevant survey did not know what ESG is, while a large percentage identify the concept of sustainability with the existence of environmental…

Lenovo’s leading share in Greece and Cyprus – Emphasis on AI

Lenovo registered a significant share in the Greek and Cypriot market, based on IDC’s results for 2024. Specifically, the company was ranked No. 1, with a 25.6% share in the…

Friday, 07 March 2025

The factors that will influence the energy market

Market executives do not seem worried about the energy sector in 2025, according to the conclusions of a roundtable discussion of the executives of the Greek Energy Forum (GEF), which…

Greece’s defence mechanisms amid global market turmoil

The Ministry of Finance and the Public Debt Management Agency (PDMA) are leaving all possibilities open regarding the next moves in managing the Greek debt amidst the turmoil in the…

Greece’s credit rating: DBRS leads the way, followed by Moody’s

The first announcement by the DBRS rating agency on the Greek economy is expected on Friday. The agency places Greece in the BBBL category with a positive outlook. If it…

Frigoglass: Acquisition of Provisiona and Serlusa Refrigerantes by the end of June

Frigoglass, a leading beverage industry solutions provider, is expected to conclude the planned acquisition of the companies Provisiona Iberia, S.L. and Serlusa Refrigerantes, LDA, by the end of June 2025,…

Supermarkets: New rules for offers and discounts to protect consumers

The new Code of Conduct for discounts and offers in supermarkets has come into effect, aiming to eliminate misleading practices in the retail sector. The Code of Conduct presents the…

Great Sea Interconnector: IPTO freezes payments to French cable company Nexans

The Independent Power Transmission Operator (IPTO) has temporarily frozen payments to French cable company Nexans due to the prolonged uncertainty regarding the course of the Crete-Cyprus electricity interconnection (Great Sea…

Euroholdings gets the green light for listing on Nasdaq

Euroseas’ application to create a new subsidiary, Euroholdings Ltd., has been approved. The new company will operate as a holding company with a fleet of two older ships, which are…

Trampas (Xerox Hellas): 2025 will be another year of positive challenges for the company

Xerox Hellas presented the review of the company’s results by sector of activity for the fiscal year 2024 at the annual conference of Monobrand Representatives (Xerox Concessionaires) organized by the…

Seanergy Maritime announces record profitability in 2024

Remaining consistent with its commitment to high capital returns to its shareholders, the company also announced the distribution of a dividend of 10 cents per share for the fourth quarter…

ECB’s decision to cut interest rates prompts investors to seek alternative options

The economic landscape has recently changed as a result of the de-escalation of interest rates, affecting both loans and deposits and forcing investors to seek other solutions. The new ECB…