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Monday, 27 January 2025

IRIS system mandatory for all businesses -Transactions in 10 seconds

After freelancers, businesses are called upon to activate the IRIS direct payment system within the year. The relevant provision will be included in the bill of the National Economy and…

Global shipping community discusses energy transition in Athens

The issue of decarbonizing shipping in view of the meeting of the competent Committee of the International Maritime Organization (IMO), which is expected to approve a global mechanism for determining…

Aktor: Share capital increase oversubscribed – The next steps

The 200-million euro share capital increase of Aktor Group has been reportedly oversubscribed. The relevant official announcements are expected early this week. The share capital increase – according to the…

Critical raw materials: Investment fever in Greece

The strong business activity observed recently in the mining and quarrying industry is laying the foundation for the faster exploitation of critical mineral raw materials in the Greek subsoil. Metlen’s…

Friday, 24 January 2025

Sani/Ikos hospitality Group invests in education and employment growth in tourism

On the International Day of Education, Sani/Ikos hospitality Group reaffirms its commitment to education as a key driver of growth and innovation in the hospitality sector. Through strategic investments in…

PwC and Microsoft upgrade Thessaly into an innovation hub

PwC has announced the opening of the PwC x Microsoft Excellence Center, a new center of excellence in Thessaly, based in Volos. Its purpose is to operate as a center…

IRIS: Expansion to all businesses in 2025

A provision for the expansion of the IRIS direct payment system to all businesses will be included in the bill of the National Economy and Finance Ministry for the strengthening…

ThPA’s open public tender is a “puzzle”

The open public tender for 21% of the share capital of the Thessaloniki Port Authority (ThPA.) by LeonidsPort B.V. of the Louis-Dreyfus business family is turning into a difficult challenge.…

ELSTAT: Greek households disposable income up 3 billion in Q3

Greece’s disposable income of households and non-profit institutions increased by 3 billion euros in the third quarter compared to the corresponding quarter of the previous year, according to data published…

IOBE: The path of the economy is an open question due to international instability

The Foundation for Economic and Industrial Research (IOBE) estimated in its quarterly report an annual growth of +2.4% in 2025, at the same levels as last year. A more moderate…

Ideal Holdings acquires Barba Stathis for 130 million euros

Ideal Holdings has reached an agreement with Frozen Holdings for the acquisition of 100% of the company Barba Stathis S.A., as well as 90% of Halvatzis Makedoniki S.A., a subsidiary…

Four construction projects in Thessaly and Evia totaling 1.252 billion euros

Construction companies GEK Terna, Aktor, Avax and Metka are expected to sign contracts of 1.252 billion euros for road and railway infrastructure restoration projects in Thessaly and Evia, following the…

Athens Hotels: Increase in average occupancy, rates and revenue in 2024

2024 ended positively for Athens hotels, with an average occupancy rate of 78% (an increase of 2.3% compared to 2023), an average daily rate (ADR) of 149.26 euros (an increase…

Energean: Record profits in 2024-The outlook for 2025

Energean reported a record year in 2024, according to the company’s update to the London and Israeli stock exchanges. The group’s production totaled 153 thousand barrels of oil equivalent per…

Stassis (PPC): The next… hot stock, the rally to 14-year high, and the interest of shareholders

Recent developments in Public Power Corporation (PPC) cast a spotlight on its CEO, George Stassis, who sees investment interest in the electricity company increasing significantly, constituting for many the next……

Thursday, 23 January 2025

Lavipharm: Strategic agreement with iNova Pharmaceuticals

Lavipharm announced the signing of a strategic commercial agreement with the multinational pharmaceutical company iNova Pharmaceuticals, owner, among others, of the Betadine® brand. The agreement concerns the rights to commercialize…

Alexandratos-“The Greeks”: Shipping is not about one person, but about everyone working together

The Hellenic Chamber of Shipping, in collaboration with all organizations, will support creative extroversion, the new president of the Chamber, George Alexandratos, said during the presentation of the album “The…

Travlou-“The Greeks”: Greek shipping’s competitive advantage is its people

The president of the Hellenic Shipowners’ Association, Melina Travlou, expressed her pleasure for attending the presentation of the album entitled “The GREEKS. Masters of the seas sharing their life story”…

Stylianides-“The Greeks”: Greece remains and will remain a leading power in global shipping

The lives and valuable experiences of 50 great shipowners through this emblematic album highlight the great contribution and the development and prosperity not only of the country but of global…

Ktenas-“The Greeks”: Shipping has always been Greece’s steadfast supporter

“We are doing our bit to the titanic effort of Greek shipping to be close to Greek society,” the general manager of “Naftemporiki”, Spyros Ktenas, said during his greeting at…

A period of significant potential in economic ties between Greece and Israel

“This is a time of great opportunities. Israel and Greece can do many things together in all sectors,”  Israeli top officials in industry, exports, investments, energy and trade, who visited…

Competition Commission gives green light to Motor Oil-Helector deal

The Competition Commission approved the acquisition of Helector by Manetial, a 100% subsidiary of Motor Oil. After taking into account the report of the competent Rapporteur, the Plenary Session of…

Israel’s Embassy hosted a high-level trade delegation from Israel

The Embassy of Israel in Greece and Ambassador Noam Katz hosted in Athens a high-level trade delegation from Israel, which included representatives from various economic institutions. Among them were the…

The future of Greek shipping in the spotlight

The president of the Hellenic Shipowners’ Association (HSA) Melina Travlou underlined the excellent cooperation between the Hellenic Shipowners’ Association and the Hellenic Chamber of Shipping, emphasizing that both bodies serve…

Höttges (Telekom): Greece is now ahead of Germany in digitalization

The CEO of the Telekom Group, Timotheus Höttges, was welcomed at the Maximos Mansion by Prime Minister Kyriakos Mitsotakis. During the meeting, the Prime Minister was briefed about OTE’s 3.0-billion-euro …

Wednesday, 22 January 2025

Stournaras to “N”: How will Europe protect itself against Trump?

Europe can shield itself against the effects of US President Donald Trump’s policies by unifying policies and institutions, Bank of Greece (BoG) Governor Yannis Stournaras said in an interview with…

HSGME and METLEN collaboration in the research of critical raw materials

METLEN Energy & Metals (METLEN) has started a strategic partnership with the Hellenic Survey of Geology & Mineral Exploration (HSGME) to enhance the supply security of the historic Aluminium of…

BOX NOW: New investments in Greece and Cyprus-Network expansion into 10 islands in H1

BOX NOW, a subsidiary of Emma Capital Group, continues to develop rapidly. More specifically, the company is launching new investments in Greece and Cyprus with the aim of developing the…

Europe’s first XR Bridge Simulator on Chios island

Capital Group and FORCE Technology have announced their partnership in creating the first Extended Reality (XR) Full Mission Bridge Simulator in Europe. This groundbreaking initiative represents a significant step forward…

Nova’s parent company, United, enters renewable energy production with a 120-million-euro investment in Bulgaria

Nova’s parent company, United Group, has entered the renewable energy sector with an initial investment of 120 million euros in Bulgaria. Specifically, United Group’s investment in Bulgaria includes three photovoltaic…