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Thursday, 06 March 2025

Insurance companies: Premium production up 8.7% in 2024

The Greek insurance market showed an increase in premium production by 8.7% in 2024 compared to the previous year, according to the survey conducted by the Hellenic Association of Insurance…

Κastelli -The most modern airport in the Mediterranean 

The new airport in Kastelli, Crete, is expected to be ready in 2027 and is set to be the most modern airport in the Mediterranean. The design of the airport…

METLEN reinforces its leadership in Chile’s RES market

METLEN Energy & Metals announced that it continues to strengthen its position in Chile’s renewable energy sector with the successful signing of three new storage EPC (Engineering, Procurement, and Construction)…

Wednesday, 05 March 2025

IDEAL Holdings: 300-million-euro investment from Oak Hill Advisors

Ideal Holdings has announced a business agreement with Oak Hill Advisors (OHA), a leading global investment manager. As part of the agreement, OHA will invest up to 115 million euros…

Kefalogianni: Greece has been established as a resilient destination-2025 will be an “exceptionally good year”

The Tourism Ministry’s strategy is focused on establishing Greece as a sustainable destination, Tourism Minister Olga Kefalogianni stated in the international tourism exhibition ITB in Berlin. Kefalogianni estimated that 2025…

Greek listed companies show strong profitability; heading towards 2007 record

The first results from listed companies are rather encouraging, as the 14 companies that have already published their financial results show a cumulative profitability of over 7.9 billion euros, recording…

GEK Terna is about to undertake projects worth 3.5 billion euros

Contracts for projects with a total budget of around 3.5 billion are expected to be signed by GEK Terna in the coming period, after having won the relevant tenders that…

Hazakis on Naftemporiki TV: The impact of Trump’s tariffs on the European economy

The impact of US President Donald Trump’s policy on Europe is different for each EU member state, Professor of Economics Konstantinos Hazakis, said in an interview with Naftemporiki TV. Asked…

Tourism: Three strategic investments of 1.2 billion euros

The Interministerial Committee for Strategic Investments has approved three strategic investments in the tourism sector, with a total budget of 1.22 billion euros. In particular: The strategic investment of Hydra…

ThPA: Security inspection at the port of Thessaloniki 

Τhe Port Authority of Thessaloniki S.A. was inspected by a team from the Directorate-General for Mobility and Transport of the European Commission (DG MOVE), from February 18 to February 21,…

Greece upgrades its ‘quality policy’ 

Greece is upgrading its “quality policy” with new standardization (ISO standards), accreditation and metrology in order to harmonize it with the European Union regulations. The reform of the national quality…

Success story in submarine interconnections worldwide

The history of cable-laying ships began at the end of the 19th century, when the “SS Great Eastern” undertook to bridge the telecommunications between the United States and Europe. Much…

National Bank soars to highest level since 2015

The share of National Bank is close to the 9.0-euro milestone and is at its highest level since the fall of 2015 while the upward movement is accompanied by an…

Tuesday, 04 March 2025

Minerva: Investing in the future of sustainability

Minerva has announced a significant collaboration with two renowned academic institutions, the Technical University of Crete and the Hellenic Mediterranean University, commemorating its 120th anniversary and reaffirming its commitment to…

DBRS for Greek banks: Strong profitability and improved credit profile

Ratings agency DBRS gave a vote of confidence in the prospects of Greek banks, citing their resilience, strong earnings and improved capital adequacy. “The major Greek banks (Alpha Bank S.A.,…

Acceleration of the Athens International Airport’s new investment program

In view of the strong growth in passenger traffic, the management of the Athens International Airport is proceeding with a strategic acceleration of the phases of the “Airport Expansion Program”,…

Electricity prices: How they soared to two-year highs; what will happen to the subsidies on bills

Green tariff charges remained almost unchanged in March compared to the previous month, with companies choosing to absorb the 14% increase in the wholesale electricity market by applying larger discounts.…

Containerships: Freight rates are dropping

Container freight rates are falling, due to the increased shipping capacity as a result of the delivery of new vessels this year, but also in view of the expected gradual…

ECSA welcomes the European Commission’s Clean Industrial Deal

The European Commission’s Clean Industrial Deal, which addresses several areas related to the maritime sector in terms of decarbonization and sustainable energy solutions, is welcomed by the European Community Shipowners’…

Costamare plans spin-off into two companies

Costamare Inc., listed on the US stock exchange (NYSE), announced its intention to “break” the dry bulk transportation sector into a separate company, Costamare Bulkers Holdings. Following the business strategy…

Noval Property completes investments of 114 million euros

Noval Property REIC is completing investments totaling 114 million this year, in parallel with the completion of the major project of the redevelopment of the former industrial facilities of Viohalco…

Aktor Group joins FTSE Large Cap; its valuation exceeds 1 billion euros

Aktor Group has been recently added to the FTSE Large Cap index with the 25 largest companies on the Greek stock market. The valuation of the construction company already exceeds…

Eurostat: Greek inflation at 3% in February

Inflation in Greece stood at 3% in February, showing a slight slowdown. According to data announced by Eurostat, inflation fell to 3% in February, on an annual basis, from 3.1%…

Friday, 28 February 2025

How will EquiFund II work for SMEs?

EquiFund II will mobilize approximately 360-380 million euros to support small and medium-sized enterprises operating in the fields of life sciences – health and social innovation, according to estimates by…

Ideal Holdings: Organic growth, strategic moves and targeted acquisitions

Organic growth, strategic moves as well as targeted acquisitions of companies with high resilience and growth potential, are the basis for a positive course for Ideal Holdings. As the financial…

Shipping: Bunker vessels on the “compass” of pioneers

Greek shipowners are opening up new markets, responding to the challenges of the new era. Pioneers as always – with LNG carriers at the beginning of the 21st century –…

Hundreds thousands of people demonstrate across Greece demanding justice for Tempi victims

Thousands of citizens are demonstrating across Greece on Friday, two years after the train tragedy in Tempi, where 57 people lost their lives demanding answers and justice. Fifty-seven people were…

BoG: Private sector deposits decreased by 4.8 billion euros in January

Deposits placed by the private sector dropped by 4.787 billion euros in January 2025, compared with an increase of 5.592 billion euros in the previous month, according to the Bank…

Premia: New investments of 50 million euros in 2025

Premia Properties REIC is planning investments worth 50 million euros in 2025, of which approximately 17 million euros have already been implemented. For the current year, it is estimated that…

Electrical and electronic goods under pressure in 2024-Consumers turn to cheaper products

Τhe electrical and electronic goods market declined in 2024, according to GFK data. Overall, the market turnover reached 3.1 billion euros, down 4.1% compared to 2023. Unit sales also fell…