Greece’s Prime Minister Kyriakos Mitsotakis is expected to unveil a four-year package of measures at the Thessaloniki International Fair (TIF), with a budget that could reach as much as 5…
Greece’s four systemic banks are expected to report combined net profits of around 2.3 billion euros for the first half of 2026, according to analysts, reinforcing expectations that the sector…
Motor Oil has agreed to acquire full ownership of digital solutions provider Nova ICT, purchasing the remaining 50% stake held by Nova for 60.5 million euros.
The transaction was signed…
At a time when global energy markets have once again been affected by geopolitical instability, the war in Iran and heightened tensions around the Strait of Hormuz serve as a…
The performance of U.S.-listed shipping companies with Greek interests during the Strait of Hormuz crisis suggests investors have moved from an initial shock reaction to a more selective reassessment of…
Nordea’s shipping finance division expects lending activity to strengthen during the year, driven by new client relationships and financing for newbuild vessels.
The bank’s shipping loan portfolio remained broadly stable…
Sixty-three percent of Greek consumers say they plan to reduce their spending on food, while 37% intend to increase purchases of private-label products, which are reaching a “turning point” in…
The European Investment Bank (EIB) and Greece’s CrediaBank have joined forces to support investment in the country’s security and defence sectors through a 100 million euro financing agreement.
The EIB…
Rubico Inc., the investment company controlled by Evangelos Pistiolis, said its net asset value (NAV) rose to 183.1 million dollars as of June 30, 2026, based on third-party broker valuations…
Greece has renewed its participation in the U.S. Coast Guard’s QUALSHIP 21 initiative for the 2026-2027 period, the Ministry of Maritime Affairs and Insular Policy said after receiving notification from…
A fresh wave of attacks on commercial shipping has heightened concerns over maritime security as conflicts in Ukraine and the Middle East continue to escalate.
Over the weekend, four Greek-linked…
Uni Systems, the IT services subsidiary of Greece’s Quest Group, is expanding its defence business after being selected to participate in one of NATO’s largest cybersecurity procurement frameworks, with a…
Greece will broaden access to its out-of-court debt settlement mechanism from July 27, allowing individuals with total debts of at least 5,000 euros to apply for restructuring, in a move…
Hellenic Defence Systems (HDS) expects a significant improvement in its financial performance from 2026, supported by expanded production capacity that is expected to drive higher sales of defence products and…
Corfu Port Authority (OLKE) Chief Executive Dimitris Apergis participated in a meeting of the Hellenic Ports Association (ELIME) in Heraklion, alongside representatives of Greece’s port and shipping community.
During the…
Cruise operator Celestyal is strengthening its social and environmental footprint by supporting initiatives focused on young people, education, inclusion and sustainable development.
As part of these efforts, the company backed…
Erasmus Shipinvest Group, a Chinese-owned shipping company headquartered in Vouliagmeni, Greece, has signed a new shipbuilding agreement with China Shipbuilding Trading Co. (CSTC) and CSSC Huangpu Wenchong Shipbuilding for the…
Greek contractors’ associations have called for an urgent meeting with the leadership of the Ministry of National Economy and Finance, warning that the latest sharp increases in construction material prices…
EFA Group has acquired a 100% stake in SSMART, in a move aimed at significantly expanding its capabilities in command-and-control (C2), Combat Management Systems (CMS) and radar technologies.
The acquisition…
Thrace Plastics is moving ahead with a 14.59 million euro investment to expand its plastic packaging production facility in Xanthi, as part of a broader capital expenditure plan for 2026.…
International demand for luxury holiday homes on the Greek islands remains strong, with top prices reaching as much as 14,000 euros per square metre, according to Engel & Völkers Greece…
Greece has passed the first “test” in implementing the European Union’s new Pact on Migration and Asylum, with the European Commission positively assessing the country’s adaptation to the new rules.…
METLEN has successfully completed the “first fire” at the 560 MW Grudziądz combined-cycle gas turbine (CCGT) power plant in Poland, a key milestone in the construction of the facility being…
Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited Chalkis Shipyards, where he toured the facilities, met with employees and held a meeting with Chalkis Shipyards Chief Executive Officer…
Naval Group Hellas, the Greek subsidiary of France’s Naval Group, has signed a framework agreement with PPC Inspectra, a subsidiary of PPC Group that provides laboratory testing, inspection and certification…
Piraeus Port Authority S.A. (PPA S.A.) and the National Technical University of Athens (NTUA) signed a Memorandum of Understanding (MoU), launching a strategic collaboration in the fields of research, technological…
Aktor Group’s upcoming share capital increase could ultimately exceed the initially announced amount of 650 million euros, Chairman and Chief Executive Officer Alexandros Exarchou said during the company’s annual general…
Greece’s first domestically developed unmanned combat aerial vehicle (UCAV), built by drone manufacturer ALTUS-LSA in partnership with European missile maker MBDA, is entering the final phase ahead of live-fire testing.…
Greece’s Independent Authority for Public Revenue (AADE) has introduced a new procedure allowing taxpayers to secure the immediate lifting of bank account seizure orders, provided they have repaid at least…
Diana Shipping Services S.A., owned by Semiramis Paliou, has retained the highest possible 5/5 rating in the RightShip Safety Score, reaffirming its continued commitment to safety and operational excellence.
RightShip…
