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Monday, 31 March 2025

Metlen: Strategic Partnership with IVECO for the Armed Forces

METLEN and IVECO DEFENCE VEHICLES (IDV) are advancing a strategic partnership for the modernization of the military vehicle fleet of the Greek Armed Forces. The two groups are inaugurating a…

Alpha Bank acquires AXIA Ventures

Alpha Services and Holdings, 100% parent company of Alpha Bank, has reached an agreement with the founders and other main shareholders of AXIA Ventures Group Ltd regarding the main commercial…

Tax evasion and black money cost billions of euros

Hundreds of taxpayers and businesses caught in the “nets” of the law enforcement authorities for laundering “black” money are already facing “heavy” fines and criminal prosecutions. The confirmed amounts of…

Greek marble companies stand out at Xiamen Stone Fair 2025

The Chinese market maintains its position as the main import market for Greek marbles, absorbing approximately 68% of total Greek exports in 2024, which demonstrates the importance of this market,…

Roupakias: You cannot talk about development policy when your development tools don’t work

The lack of sufficient technical and specialized labor force and the long delays in the programs of the development law are the two biggest problems for the industry-manufacturing sector in…

Escape clause grants Greece an additional amount of 3.6 billion in spending

Any member state wishing to activate the new escape clause for defense spending must submit a request to the European Commission by the end of April. The Commission will then…

The maritime cluster dominates meeting betweeen Kikilias and Pireaus Chamber

The maritime cluster “Maritime Hellas”, an initiative supported by the Union of Greek Shipowners, the Hellenic Maritime Chamber and the Piraeus Chamber of Commerce and Industry, dominated the meeting between…

Mitsotakis meets Herzog in Jerusalem: Hostage release and ceasefire in Gaza

Prime Minister Kyriakos Mitsotakis met on Sunday with Israeli President Isaac Herzog in Jerusalem. Mitsotakis spoke of a warm welcome, while noting that “we attach great value to the strategic…

Trastor’s portfolio to exceed 1 billion euros

Trastor REIC share capital increase, amounting to 120 million euros, will have been completed by July, with its management estimating that the company’s real estate portfolio will soon exceed 1…

Hatzidakis on Chevron: It recognizes the Greek EEZ in the region

Deputy Prime Minister Kostis Hatzidakis spoke of a “national success,” referring to Chevron’s interest in hydrocarbon exploration south of Crete. In his post, he noted: This national success has very…

Margaris (PTO): Cuts will increase along with the penetration of RES

Green electricity cuts “go hand in hand” with the increasing penetration of RES, the Vice President of IPTO and General Manager of Technology, System Development & Strategy, Ioannis Margaris, said…

Friday, 28 March 2025

METLEN strengthens its role in providing critical raw materials to the European market

The approval of 47 investment projects by the EU Commission concerning critical raw materials within the framework of the CRM Act strategy by the member states, which include METLEN’s vertically…

Fourlis Group opens its first Intersport Football Store

Fourlis Group has opened its first Intersport Football Store. As naftemporiki.gr has already reported, this is a new type of store specializing in football.According to Vangelis Batris, Managing Director…

Lamda Development updates projects’ timeline

Lamda Development’s CEO, Odysseas Athanasiou, referred to the delays in the completion of some of some projects in the Ellinikon, mainly those concerning the residential tower, Riviera Tower, and the…

Orizon: The fourth company in Greece’s mobile telephony

Greece acquires a fourth mobile telephony company, Orizon, with the entry of energy company, Volton, into the telecommunications market. Orizon will operate in the mobile sector as a virtual provider…

Climate change: RES are viewed positively, but not a top priority

While there is strong global concern about climate change, the sense of risk declines at national and local levels. In particular, 80% worldwide and 75% in Greece stated that they…

Heracles Group: New, modern concrete plant in Halkidiki

Heracles Group strengthens its presence in Northern Greece with a new, modern concrete plant in Kassandria, Halkidiki. The plant already serves residential and infrastructure projects. With a production capacity of…

The Danish “competitor” to Airbnb is about to join the Athens Stock Exchange

The founder and CEO of Danish Sanders Stay, Bo Sander, seeks to enter the Athens stock exchange, confirming the recent upward trend of IPOs. The company, operating in short-term rental…

How will Daedalus produce Greek AI in Lavrio?

The Daedalus supercomputer, whose implementation began with the prospect of being completed in one year, will be ranked among the top 20 in the list of the top 500 systems…

Data centers and natural gas in Western Macedonia – End of lignite in 2026

The conversion of the “Ptolemais V” lignite unit into a natural gas unit in 2027 was announced by the president and CEO of PPC, George Stassis, presenting the 2024 results…

Rescinding the first memorandum

The Finance Ministry and the Public Debt Management Agency (PDMA) set as a goal the full repayment of the bilateral loans of the first memorandum a decade earlier than planned,…

Thursday, 27 March 2025

Korkidis on Naftemporiki TV: Trump tariffs affect Greek-owned shipping

“US President Donald Trump’s tariffs affect everyone. And they are taxes on profits. This means that the ones who will pay are the consumers,” the president of the Hellenic Chamber…

Titan: Record profitability in 2024 – Sales at 2.64 billion euros

Titan Group registered new records in 2024, surpassing the results of 2023 and showing an increase in both sales and profits. According to the financial results announced by the company,…

Tourism: Dynamic start for 2025; January receipts surge by 7.5%

2025 started with increased tourist receipts and a double-digit increase in arrivals, confirming the positive dynamics of Greek tourism, even in the “heart” of winter. According to data announced by…

Snacking categories on the rise

The snacking category is expanding its footprint, evolving into a mega trend for the food industry as it already reaches a turnover of 2 billion euros. The average annual growth…

Stock exchange: Will US tariffs “spoil” the party?

The Athens Stock Exchange has soared more than +18% in 2025, which is now just a breath away from the psychological threshold of 1,750 points, after yesterday’s rise of +1.1%.…

DBRS: Small economies are racing ahead while large economies are limping along

The small ones race ahead and the big ones follow, out of breath. This is how one can describe the situation in the European Union, based on the latest estimates…

Natural gas: DESFA’s 10-year development program approved; 71 projects

The Waste, Energy and Water Regulatory Authority has approved the Ten-Year Development Program of DESFA for the period 2024-2033, which includes 71 projects with a total budget of 1.37 billion…

Mitsotakis: Greece is recognized as an energy hub and a pillar of stability and security

Greece is recognized as an energy hub and a pillar of stability and security, Prime Minister Kyriakos Mitsotakis said during the cabinet meeting, referring to the “green light” given by…

Zelilidis on hydrocarbons: Optimism for an oil field in the “Mediterranean Mountain” – What will determine the stance of Exxon and Chevron

Professor of Geology at the University of Patras, Avraam Zelilidis, talked about the factors that will determine the next moves of Exxon and Chevron in Greece in an interview with…