NYSE-listed shipping company Safe Bulkers reported strong revenue and earnings despite a weak dry bulk market environment and geopolitical developments.
“We have earned high charter rates for our environmentally upgraded…
METLEN is gaining a leading role in the international metals market by entering into a dual top-level partnership with the multinational giant of the industry Rio Tinto, ensuring the supply…
Shipowner George Prokopiou acquired 100% of the Astir Palace in Vouliagmeni as part of his recent investments at sea and on land.
According to the information available, Prokopiou acquired the…
The capitalization of the Athens Stock Exchange stands at its highest level since 2008 (>112 billion euros) with the number of billionaires in the market having increased.
More specifically, there…
Hellenic Cables, the cable division of Cenergy Holdings, has signed a contract for the Silver Run Expansion project in the United States.
The project is owned by Silver Run Electric…
Passenger traffic rose by 12.4% at all airports in the country in January 2025.
More specifically, according to data from the Hellenic Civil Aviation Authority (HCAA), passenger traffic reached 2,712,144…
METLEN achieved strong financial performance in 2024, with earnings before taxes, interest, depreciation and amortization (EBITDA) at historic highs and turnover recording a 3% increase.
According to the announcement, turnover…
The Recovery Fund will end in 18 months and the Greek government will need to engage in a race to complete the 248 of the 383 remaining milestones in the…
COSCO Shipping Lines (Greece) announced the re-certification of its Quality Management Systems – ISO 9001:2015 and Environmental Management Systems – ISO 14001:2015, as well as the receipt of the ISO…
Electronic transactions recorded a double-digit increase of 10.7% in 2024, compared to 2023. According to the Ministry of National Economy and Finance, this significant increase in electronic transactions – from…
The Thessaloniki Port Authority S.A., Dimera Land & Property Investments Ltd and the Greek State (specifically, the Ministry of Justice), have signed a sub-concession agreement for the use of premises…
2024 ended on a positive note for the turnover of Greek businesses.
According to data announced by the Hellenic Statistical Authority ELSTAT, for all businesses and activities in the economy,…
The second day of the Thessaloniki Summit 2025 concluded with a discussion between the President of the Federation of Industries of Greece, Loukia Saranti, and the Minister of Development, Takis…
Environment and Energy Minister, Theodoros Skylakakis, had a bilateral meeting with the Minister of Petroleum and Mineral Resources of Egypt, Karim Badawi, with whom they signed a MoU, to promote…
Titan Cement International SA announced that it has entered into a definitive agreement to divest its 75% share in Adocim Cimento Beton Sanayi ve Ticaret A.S., comprising cement assets located…
METLEN has entered into two long-term strategic agreements with Rio Tinto, securing the supply of bauxite and the disposal of alumina.
More specifically, the company has committed to a large-scale…
A little less than 1.5 years was the time that Dimitris Kyparissis needed to lead Optima Bank into the closed “club” of listed companies worth 1 billion euros (in terms…
A number of shipping companies and environmental groups have raised the alarm over the growing use of biofuels in the shipping industry in a joint letter to the International Maritime…
The government is monitoring the geopolitical developments with concern amid a complex scenario with multiple open fronts.
A wait-and-see attitude has been maintained so far, as a common European stance…
Intense activity is being recorded in banks, especially in the housing loan sector, as the second cycle of “My House II” Program has attracted the citizens’ interest who wish to…
The leadership of the Development Ministry held a meeting with representatives of supermarket chains, domestic industry officials and multinational groups to press them so as to keep food inflation at…
Fruit and vegetable exports maintained their record performance in 2024, but climate change, competition from third countries and cost burdens are the determining factors for their performance in the coming…
The security of the electricity grid in view of the Easter holidays lies on the “dedication” of RES producers, with IPTO (Independent Power Transmission Operator) and HEDNO (Hellenic Electricity Distribution…
Sarantis Group is proceeding with the implementation of its five-year development plan, based on new acquisitions and investments, while also expanding into the international market, with an emphasis on the…
The turnover of the Elvial aluminum industry increased to 129 million euros in 2024 compared to 121 million in 2023, with a parallel increase in sales volume and intensification of…
The LNG carrier market is under pressure due to the oversupply of available tonnage and the small increase in demand for liquefied natural gas, GasLog Partners, a company of the…
An earthquake measuring 5.1 on the Richter scale occurred on Monday, at 09:49 am, in the sea area between Santorini and Amorgos.
According to the initial assessment of the Geodynamic…
Motor Oil seems to be resilient to the decline of the sector during the last two weeks, with its share price having returned to the levels it was six months…
Nominal residential property prices in Greece increased by 7.8% year-on-year in the third quarter and by 9.2% year-on-year in the first nine months of 2024. Office and retail prices increased…
The European Commission and the Hellenic Statistical Authority (ELSTAT) are expected to ratify the final data on the course of the 2024 budget execution (primary surplus, public debt) on April…
