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Thursday, 08 May 2025

Costamare Bulkers: NYSE debut

Costamare Bulkers Holdings Limited announced the official start of its trading on the New York Stock Exchange (NYSE) as an independent company, following the completion of its spin-off from Costamare…

The 6th #TURBOMED Open House Continues Until May 10

TURBOMED, a leading company in the field of marine turbocharger repair and maintenance, is hosting its 6th annual Open House at its facilities in Piraeus, running through May 10, 2025.…

Posidonia Sea Tourism Forum 2025 (Crete): Focus on sustainable tourism

The 8th Posidonia Sea Tourism Forum was held in Heraklion, Crete, with an emphasis on sustainable development and the need to strike a balance between tourism and the protection of…

Ellaktor preparing a new strategic plan

Ellaktor, which has recently been in the process of selling the majority of its assets, has launched the development of a new strategic plan. The CEO of the once largest…

PPC: The second phase of construction of the 490MW photovoltaic park in Megalopolis begins

The construction of the large 490 MW photovoltaic plant in Megalopolis is entering its second phase, Public Power Corporation (PPC) announced. After the signing of the construction contract between PPC…

ElvalHalcor at DEFEA 2025 – Participation in US Navy program with the supply of 25,000 tons of aluminum

ElvalHalcor is participating in DEFEA 2025 with products for a wide range of applications in the defense industry. According to the announcement, its products are available to large industries internationally,…

EFA GROUP invests in high-tech company Acromove for advanced telecommunications and IT solutions

The defense technology group EFA GROUP has invested in the Greek-origin deep-tech company based in California, USA, with research and development offices in Athens, where most of the production takes…

High demand for residential property at Ellinikon

A total of 16,000 people from 110 countries have expressed interest in purchasing a home in Ellinikon, according to data released by Lamda Development, which operates a relevant platform for…

Akritas: Green transition with investments of 25 million euros

AKRITAS wood processing industry is expanding its investment plan for its “green” transition to 25 million euros over a three-year horizon. As the company’s CEO, Efthimios Konstantopoulos, told “N”, this…

Wednesday, 07 May 2025

Public debt: Early repayment of 31.6 billion euros by 2031

“The excessive public debt that undermined our national sovereignty and social cohesion is now rapidly deescalating,” the Minister of National Economy and Finance, Kyriakos Pierrakakis, said during his visit to…

Public debt: Strategy for further reduction in the spotlight

The reduction of public debt by at least 30 percentage points by 2030 and the next steps that will lead to new upgrades by rating agencies are expected to be…

Kikilias to meet PPA’s management: Focus on investments in the port of Piraeus

The Minister of Maritime Affairs and Insular Policy Vassilis Kikilias will meet with senior executives of Piraeus Port Authority SA (PPA) on Wednesday, at 16:00, to discuss new investments in…

Greece consolidates its position in the ReArm Europe initiative

The importance of the new collaboration between KNDS France and METLEN, which has a long-term perspective, was highlighted, among others, by the CEO of KNDS France, Nicolas Chamussy, during the…

Athens International Airport: Passenger traffic up 9% in April

Passenger traffic at the Athens International Airport (Eleftherios Venizelos) rose 9% to 2.71 million passengers in April 2025 compared to 2.48 million passengers a year earlier. More specifically, both domestic…

JTI: Investing in sustainability and resilience for a better future

In an environment of intense volatility and major international changes, JTI invests in the future with a clear strategy and consistency. By focusing on the concept of resilience, it adapts…

Hatzidakis on brain drain: Positive migration balance in 2023, for the first time since 2008

“In 2023, for the first time since 2008, the migration balance became positive: 47,200 Greeks returned, 32,800 left. Greece is no longer an escape route, but an option for return.…

SEVE: Cautious optimism about Trump tariffs on Greek products

The president of Greek Exporters’ Association (SEVE), Simos Diamantidis, expressed cautious optimism about the outcome of Trump’s tariffs on Greek products, following his very recent trip to the US on…

Cenergy Holdings: Strategic positioning in energy transition projects ensures its long-term growth

Cenergy Holdings bases its development on its correct positioning at all stages of energy transition projects, whether they are projects related to natural gas or RES projects, or hydrogen transport…

How will the defense industry be “resurrected”?

Europe is focusing on finding financial resources to strengthen its defense sector, aiming to implement the ambitious, long-term and highly demanding ReARm plan. According to the data so far, the…

Tuesday, 06 May 2025

Piraeus Bank reports strong profitability in Q1

Piraeus Bank recorded strong profitability of 284 million euros, corresponding to 0.22 euros in earnings per share and 14.7% return on tangible equity (RoaTBV) in the first quarter of 2025.…

10th Mediterranean Yacht Show in Nafplio

Greece is once again in the spotlight of global yachting, as the 10th anniversary Mediterranean Yacht Show (MEDYS) is underway in the port of Nafplio. The leading and largest international…

Exarchou: Aktor’s target for 180 million euro EBITDA in 2025 is achievable

The Group’s chairman and CEO, Alexandros Exarchou, expressed his satisfaction over the achievement of Aktor’s development goals so far. Addressing analysts, he said that Aktor is expected to present EBITDA…

Savvaidis to “N”: Luxury housing is a strategic asset for Greece

Greece can lead the future of Mediterranean luxury housing, Savvas Savvaidis, President and CEO of Greece Sotheby’s International Realty, said in an interview with Naftemporiki and Michalis Psilos. Savvaidis spoke…

Xenokostas: “National ship: It can become a reality!”

The ONEX Shipyards & Technologies Group will have a strong presence at the international defense and security exhibition DEFEA – Defence Exhibition Athens, which will take place from May 6…

“Zero Hour” for the Avramar acquisition: The banks’ ultimatum and the negotiating papers

Banks will determine whether ‘catharsis’ in the ‘tragedy’ of Avramar, the strongest player in domestic fish farming, will be achieved. According to information from “N”, an “ultimatum” was allegedly sent…

Supermarket household basket withstands price pressure

The basket of basic supermarket products remains on an upward trend in terms of value and sales volumes this year despite the high living cost and the limitation of offers.…

Support measures: What to expect by 2028

The submission of the annual progress report in Brussels made the financing limits for new support measures clear and binding, as negotiations with the Commission led to the “locking” of…

Bank of Greece: High growth rates until 2027 – SOS for the Greek economy

The Greek economy will continue to outperform in the two-year period 2025-2026 as it is estimated that investments will continue to increase, thanks to the Recovery Fund resources. In addition,…

Nebis (OTE): Our goal is to meet and even exceed the demands of the digital age

COSMOTE’s transition to a new era was recently announced by company executives. This new “page” is called COSMOTE TELEKOM and is a new commercial brand – the result of the…

Monday, 05 May 2025

Thrace Plastics: Investments of 30 million euros in 2025

Thrace Plastics has launched investments of 30 million euros for 2025. According to the company’s management, the goal of the investments is to further increase production capacity in the rigid…