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Friday, 07 March 2025

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…

Thursday, 06 March 2025

Cruise sector seen recording positive performance in 2025

The cruise market is expected to register a rather positive performance in 2025. More specifically, according to estimates by industry executives, a 5.4% increase in passengers is expected compared to…

Terna Energy to develop 130 MW Photovoltaic Plant In Bulgaria

Terna Energy Group is proceeding with a new significant investment in Bulgaria. The investment concerns the design, procurement and construction of a photovoltaic plant with a nominal capacity of 130…

Supermarkets: Marginal price increase in February

A marginal increase of 0.6% was recorded in the prices of products in supermarkets in February 2025 compared to the corresponding month last year, as shown by a survey by…

Union of Greek Shipowners welcomes Clean Industrial Deal

The EU’s intention to include shipping in the framework of the “clean industrial deal”, with the aim of increasing its competitiveness, is welcomed by the Union of Greek Shipowners in…

Greek listed companies distributing 364 million euro dividends

Investors may be focused on the successive announcements of listed companies regarding profitability and the distribution of dividends, but there are at least three companies on the Athens Stock Exchange…

Six out of ten entrepreneurs are not optimistic about the future of the market

Six out of ten entrepreneurs are not optimistic about the future of the market, the president of the Athens Chamber of Commerce, Yiannis Hatzitheodosiou, said in an interview with Naftemporiki…

Angelicoussis Group buys MST’s 18 tankers for 1.5 billion dollars 

The value of the 18 shuttle tankers of Altera Shuttle Tankers acquired by the Angelicoussis Group, recently renamed Maran Shuttle Tankers (MST), amounts to 1.5 billion dollars. This is the…

Insurance companies: Premium production up 8.7% in 2024

The Greek insurance market showed an increase in premium production by 8.7% in 2024 compared to the previous year, according to the survey conducted by the Hellenic Association of Insurance…

Κastelli -The most modern airport in the Mediterranean 

The new airport in Kastelli, Crete, is expected to be ready in 2027 and is set to be the most modern airport in the Mediterranean. The design of the airport…

METLEN reinforces its leadership in Chile’s RES market

METLEN Energy & Metals announced that it continues to strengthen its position in Chile’s renewable energy sector with the successful signing of three new storage EPC (Engineering, Procurement, and Construction)…

Wednesday, 05 March 2025

IDEAL Holdings: 300-million-euro investment from Oak Hill Advisors

Ideal Holdings has announced a business agreement with Oak Hill Advisors (OHA), a leading global investment manager. As part of the agreement, OHA will invest up to 115 million euros…

Kefalogianni: Greece has been established as a resilient destination-2025 will be an “exceptionally good year”

The Tourism Ministry’s strategy is focused on establishing Greece as a sustainable destination, Tourism Minister Olga Kefalogianni stated in the international tourism exhibition ITB in Berlin. Kefalogianni estimated that 2025…

Greek listed companies show strong profitability; heading towards 2007 record

The first results from listed companies are rather encouraging, as the 14 companies that have already published their financial results show a cumulative profitability of over 7.9 billion euros, recording…

GEK Terna is about to undertake projects worth 3.5 billion euros

Contracts for projects with a total budget of around 3.5 billion are expected to be signed by GEK Terna in the coming period, after having won the relevant tenders that…

Hazakis on Naftemporiki TV: The impact of Trump’s tariffs on the European economy

The impact of US President Donald Trump’s policy on Europe is different for each EU member state, Professor of Economics Konstantinos Hazakis, said in an interview with Naftemporiki TV. Asked…

Tourism: Three strategic investments of 1.2 billion euros

The Interministerial Committee for Strategic Investments has approved three strategic investments in the tourism sector, with a total budget of 1.22 billion euros. In particular: The strategic investment of Hydra…

ThPA: Security inspection at the port of Thessaloniki 

Τhe Port Authority of Thessaloniki S.A. was inspected by a team from the Directorate-General for Mobility and Transport of the European Commission (DG MOVE), from February 18 to February 21,…

Greece upgrades its ‘quality policy’ 

Greece is upgrading its “quality policy” with new standardization (ISO standards), accreditation and metrology in order to harmonize it with the European Union regulations. The reform of the national quality…

Success story in submarine interconnections worldwide

The history of cable-laying ships began at the end of the 19th century, when the “SS Great Eastern” undertook to bridge the telecommunications between the United States and Europe. Much…

National Bank soars to highest level since 2015

The share of National Bank is close to the 9.0-euro milestone and is at its highest level since the fall of 2015 while the upward movement is accompanied by an…

Tuesday, 04 March 2025

Minerva: Investing in the future of sustainability

Minerva has announced a significant collaboration with two renowned academic institutions, the Technical University of Crete and the Hellenic Mediterranean University, commemorating its 120th anniversary and reaffirming its commitment to…

DBRS for Greek banks: Strong profitability and improved credit profile

Ratings agency DBRS gave a vote of confidence in the prospects of Greek banks, citing their resilience, strong earnings and improved capital adequacy. “The major Greek banks (Alpha Bank S.A.,…

Acceleration of the Athens International Airport’s new investment program

In view of the strong growth in passenger traffic, the management of the Athens International Airport is proceeding with a strategic acceleration of the phases of the “Airport Expansion Program”,…

Electricity prices: How they soared to two-year highs; what will happen to the subsidies on bills

Green tariff charges remained almost unchanged in March compared to the previous month, with companies choosing to absorb the 14% increase in the wholesale electricity market by applying larger discounts.…

Containerships: Freight rates are dropping

Container freight rates are falling, due to the increased shipping capacity as a result of the delivery of new vessels this year, but also in view of the expected gradual…

ECSA welcomes the European Commission’s Clean Industrial Deal

The European Commission’s Clean Industrial Deal, which addresses several areas related to the maritime sector in terms of decarbonization and sustainable energy solutions, is welcomed by the European Community Shipowners’…