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Wednesday, 30 April 2025

Stournaras: Greece to face limited impact from US tariffs – New interest rate cut by ECB

The impact of the US tariffs on the Greek economy is expected to be limited, Bank of Greece governor, Yannis Stournaras, estimated. Speaking to the CEO Club, Stournaras said that…

Tuesday, 29 April 2025

AKTOR: Higher profitability, turnover jumps to 1.3 billion euros in 2024

AKTOR announced higher profitability and turnover totaling 1.3 billion euros in 2024. The results “signal the decisive implementation of the Group’s new business strategy for profitable projects and diversification of…

Metlen: Metals sector as a Market Changer-Introducing circular metals

The metals sector is a Market Changer for METLEN, which is expected to be strengthened with total investments of 970 million euros by 2028, of which 500 million euros have…

SKY express: Dynamic start in 2025

2025 started with a dynamic start for SKY express, recording strong growth in all key indicators. During the first quarter of the year, the company recorded a 10% increase in…

Greece tο request activation of the escape clause

Greece is going to request the exemption of defense spending – that is, the activation of the relevant escape clause – from the calculation of fiscal spending in the coming…

Theodoridis on “N” TV: Airbnb can contribute to solving the housing problem

“The measure for the return of a rent that the government announced is the smartest one it has taken,” emphasized the president of the European Federation of Real Estate Agents…

Petrakis on “N” TV: Greece’s employment rate is low compared to the European average

“Undoubtedly, a certain amount from the surplus should return to the economy (approximately 2.5-3.0 billion euros) in order to maintain liquidity and the growth rate,” emphasized Panagiotis Petrakis, Professor Emeritus…

Axpo-EDF Renewables sign short-term power purchase agreement in Greece

Axpo and EDF Renewables Hellas have signed a short-term Power Purchase Agreement (PPA) for the sale of electricity from two EDF photovoltaic parks in the Boeotia region. The two projects,…

Shipping: Dry cargo market on the rise, led by capes

The dry bulk market is moving upward after a difficult month, across all sizes of vessels. Larger bulkers, such as capesizes, are “leading the way” due to increasing demand from…

Greek fur industry on track for partial recovery

The Greek fur industry is entering a path of partial recovery after the unexpectedly great success of the 50th anniversary Kastoria International Fur Fair (April 9-11, 2025), which provided a…

Mytilineos at London stock exchange: Strategic roadmap toward 2 billion EBITDA goal

During his opening address at Capital Market Day, Evangelos Mytilineos, Chairman and CEO of Metlen, highlighted the company’s remarkable transformation — from a small Greek firm with EBITDA of less…

Monday, 28 April 2025

PPA: Cosco’s first vehicle carrier ship arrives in Piraeus

The port of Piraeus further strengthens its strategic position as a car transit hub in the Eastern Mediterranean, with the first call of the MV Cosco Sheng SHI, a ship…

Thrace Plastics: Focus on improved product portfolio, access to new markets

The management of Thrace Plastics focuses on the improved product portfolio, access to new markets, as well as on a higher quality and more sustainable production process, through the investments…

METLEN hosts capital markets day to present strategic roadmap

METLEN Energy & Metals S.A. is hosting its first Capital Markets Day in London, presenting a detailed strategic roadmap to achieve its medium-term EBITDA target of 2 billion euros. The…

Athens Stock Exchange: The 9 Greek equities in MSCI

The stable outperformance of the Athens Stock Exchange compared to Europe and other emerging markets is confirmed by the country’s participation in MSCI. More specifically, nine “made in GR” listed…

Shuttle Tankers: The cutting edge of maritime technology

A ship delivery in South Korea, a double milestone, the fleet of 16 Suezmax Shuttle tankers, investments exceeding 2.3 billion dollars, and contracted revenues of 2.5 billion dollars were presented…

Tzakas on “N” TV: Business Intelligence has begun to develop in Greece over the last 15-20 years

Stelios Tzakas, a business intelligence software engineer at Accepted, spoke about business intelligence and artificial intelligence in Greek business on Naftemporiki TV. Tzakas emphasized that “business Intelligence is the core…

Xiradakis: Fees on Chinese ships will increase the cost of trade

Τhe Office of the United States Trade Representative announced the final measures of the 301 investigation on China’s shipping, logistics and shipbuilding sectors. George Xiradakis, President of the Association of…

Athens stock exchange: The stocks that restored 1,700 points

As the General Index has returned above 1,700 points, the Athens Stock Exchange managed to continue the upward reaction from the recent “Trump hurricane”, completing another profitable week. More specifically,…

Premium products vs. consumer caution: The paradox shaping Greek supermarket trends

A paradoxical situation is developing in the field of “innovation” and premium products in Greek supermarkets, with analysts “seeing” significant growth prospects while the industry appears quite restrained, “screening” new…

Shipping: New action plans and fire safety in car transport

New revised guidelines for effective fire management have been presented to enhance safety on vehicle carriers. The aim of these guidelines, developed by the Vehicle Carrier Safety Forum, is to…

Friday, 25 April 2025

Karelias: Increased turnover and market shares – Turnover at 706.4 million

“The 9.5% increase in cigarette volume both in Greece and outside Greece, the maintenance of roll-your-own cigarettes at roughly the same levels as the previous period despite challenges in the…

Lavipharm: Focus on the development, production and sale of pharmaceutical products

Lavipharm’s financial figures were presented by the Group’s CFO Vasilis Baloumis, during the annual analyst briefing at the Athens Stock Exchange. The figures reflect dynamic growth despite the challenging macroeconomic…

OTE is entering the “Cosmote Telekom” era

OTE establishes a new commercial name, “Cosmote Telekom”, instead of “Cosmote”, with the “T” brand in the logo dominating, as well as the red-purple color of Deutsche Telekom (magenta), coming…

Property renovations: Tax bonuses of up to 16,000 euros for home owners

A tax deduction of up to 16,000 euros will also be available in 2025 to those who proceed with the energy, functional and aesthetic upgrade of their property. A necessary…

Chionis to ‘N’: Tax revenues due to inflation and a reduction in tax evasion

“The tariff measure is an ace up Trump’s sleeve,” stressed Professor of Economics at Democritus University, Dionysis Chionis, speaking on Naftemporiki TV. As he said, the country’s primary surplus reached…

CMB.TECH NV and Golden Ocean create a leading dry bulk shipping group

CMB.TECH NV and Golden Ocean Group have signed a merger agreement, leading to one of the world’s largest dry bulk shipping groups. According to the deal, CMB.TECH shareholders will own…

IMF chief Georgieva praises Greece for its growth performance

International Monetary Fund (IMF) Managing Director Kristalina Georgieva, who met with Greek Minister of National Economy and Finance Kyriakos Pierrakakis during the IMF Spring Meeting in Washington, praised Greece for…

New benefits and allowances expected through 2026

The government is revising the primary surplus target for 2025, and now the benchmark is above 3%, with the revision supported both by the unexpected surge in the primary surplus…

LNG propulsion to remain competitive by 2035

LNG is expected to remain the most efficient fuel for ships until 2035, due to its lower emissions profile compared to traditional fuels, existing infrastructure, and alignment with IMO targets.…