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Monday, 02 June 2025

Banks: A 40-billion-euro “gem”

The Athens Stock Exchange’s banking index has been at its highest level since November 2015, with the sector being the main “protagonist” (and) of this year’s course, having recorded a…

National Bank: 6.4 billion euros for higher added value

“We are very selective in how we will utilize the excess liquidity (6.4 billion euros) based on how we will obtain greater value for the bank and its shareholders,” National…

Tsunis to “N”: How the US supported the success story of Greek shipping

The strategic importance of Greek-US cooperation in shipping, as well as the leading role of the Greek shipowners, was highlighted by the former US Ambassador to Athens, George Tsunis, in…

Lamda Development: Acceleration of projects, strong cash flows, new leases and zero debt

Lamda Development’s revenue from residential developments in the first quarter of 2025 amounted to 66 million euros, an increase of 116% compared to the corresponding period last year, according to…

OPAP: At the forefront of the digital evolution

“OPAP remains at the forefront of digital evolution,” according to Chairman and CEO Jan Karas. OPAP is launching investments focused on gaming experience, with an emphasis on new solutions, mobile…

Friday, 30 May 2025

PPC to expand green energy portfolio with 88 MW solar park in Bulgaria

PPC Group is strengthening its leading role in the energy transition in Southeastern Europe, expanding its green portfolio with the agreement for the handover, upon completion, and commissioning of the…

Scope Ratings to publish its report on Greek economy Friday evening

The German rating agency Scope Ratings will publish its report on the Greek economy on Friday evening. The interest is focused on whether it will upgrade the credit rating or…

Naftemporiki and West Attica University sign memorandum of cooperation

“Naftemporiki” and the University of West Attica signed a Memorandum of Cooperation to jointly exploit the scientific and research capabilities of the two institutions. The ceremony took place at the…

Athlos Energy: The startup transforming the nuclear energy landscape

“We want to create, implement and run the first nuclear program in Greece, with the ultimate goal of building the first nuclear reactor,” the co-founders of Athlos Energy, Stathis Vlassopoulos…

Kikilias: The rights of Greek fisheries stem from the Law of the Sea and the Exclusive Economic Zone (EEZ)

“The rights of Greek fishing stem from the Law of the Sea and the Exclusive Economic Zone,” Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, said on the sidelines…

Piraeus: An important cruise hub in the Eastern Mediterranean and the Aegean

Cruise tourism in Greece is experiencing significant growth this year, with Piraeus emerging as the central hub and primary home port of the Eastern Mediterranean. Despite the optimistic signs, the…

400 million from Heracles of the Holcim Group for the carbon capture and storage unit in Aliveri

The implementation of the investment plan of the Heracles cement company, a member of the Holcim group, for the creation of a carbon dioxide capture and storage unit began on…

9th Naftemporiki Shipping Conference-Tsavliris: Information overload, confusion and hypocrisy of sanctions are the current challenges

In an era of information overload and geopolitical confusion, shipping needs more faith in the new generation, George Tsavliris, founder of Tsavliris Salvage, stated in the context of his intervention…

9th Naftemporiki Shipping Conference-Economou: Greek banks have always supported shipping

Kostas Economou, General Secretary of the Association of Banking and Financial Executives of Hellenic Shipping, spoke on the issue of shipping financing at the 9th Shipping Conference of “Naftemporiki”. Asked…

Panhellenic Exporters Association: Increasing exports is a national issue

Exports are a national affair and require vigilance, readiness and good cooperation between the state and businesses for their expansion and development. At the anniversary conference organized by the Panhellenic…

IMO’s medium-term fuel fines could reach 100 billion dollars by 2035

The transition to sustainable shipping is no longer an option but an obligation – and the cost is high. Top executives from the shipping industry and experts in technological and…

Thursday, 29 May 2025

Alpha Bank: Reggeborgh sold its stake to UniCredit

Dutch investment firm Reggeborgh has sold its entire 9.75% stake in Alpha Bank to three international investment banks. UniCredit has doubled its stake in Greece’s Alpha Bank to nearly 20%…

Aegean Airlines: 14% increase in turnover and 8% in passengers in the first quarter

AEGEAN announced the continuation of its growth trajectory, delivering solid performance in the seasonally weakest first quarter of 2025. The company’s first quarter financial results validate its commitment to winter…

Simeon Palios sends strong messages about the future of Greek shipping

Simeon Palios – one of the most prominent members of the Greek shipping industry – sent strong messages about the course and future of Greek shipping during his speech at…

Lamda: Revenues of 1.18 billion from sales at The Ellinikon

Lamda Development’s total cash receipts from property sales in The Ellinikon (until 15.05.2025) amounted to 1.18 billion, with the company, however, reporting a decrease in revenue and profits in the…

9th Naftemporiki Shipping Conference – Tasiopoulou on the impact of cyberattacks on shipping

Katerina Tasiopoulou, founder and CEO of ThreatScene, spoke at the 9th Shipping Conference of “Naftemporiki”, about the risks, especially technological ones, in shipping. Referring to the risks that shipping has…

9th Naftemporiki Shipping Conference-Koronakis: Positive steps in shipbuilding and repair

Konstantinos Koronakis, President of the Manufacturing Department at the Piraeus Chamber of Commerce and Industry, and CEO of KORONAKIS SA, addressed the 9th Shipping Conference organized by “Naftemporiki”. Asked whether…

OPAP: Optimism for achieving the 2025 goals

OPAP announced positive results for the first quarter of 2025, allowing the management to remain optimistic about achieving its targets for the year. The company has a resilient business profile…

The Greek shipping cluster on a global level

The Greek maritime cluster “Maritime Hellas” is raising the digital level and is proceeding with a “scale up” of the services it will offer to its members in the near…

Tourism: Budget for new SMEs through NSRF at 375 million euros

The available budget for supporting the establishment and operation of new small and medium-sized tourism enterprises through the NSRF has been significantly increased, by decision of the Alternate Minister of…

Allied’s research for “N”: Greek shipowners with a new compass in shipbuilding – Turning to South Korea

The geopolitical and commercial “controversies” between the most powerful countries in the world are changing the landscape in Greek shipping in terms of investments. Despite the uncertainty, Greek shipowners prove…

9th Naftemporiki Shipping Conference-Laskaridis: In 5 years there will be no Greek registry

Panos Laskaridis, founder of Laskaridis Shipping, delivered a stark warning at the 9th Naftemporiki Shipping Conference, stating that the real crisis facing the shipping industry is not Trump or the…

Wednesday, 28 May 2025

9th Naftemporiki Shipping Conference-Vafias, Giouroukos: The cost of shipbuilding, China versus Korea and Japan and survival strategies

International pressures on shipbuilding, ship prices and the strategic choices of shipping companies dominated the second panel of the 9th Naftemporiki Shipping Conference, on the topic “The Future of Shipping:…

McKinsey: 14 billion dollars and 150,000 jobs the contribution of Greek shipping to economy

The contribution of Greek-owned ocean-going shipping to both the global and domestic economy is highlighted by data from a study conducted by McKinsey & Company, which was presented by Apostolos…

9th Naftemporiki Shipping Conference-Tsunis underlines the economic and social impact of shipping

With a special mention of Giorgos Melissanidis, whom he affectionately called a “brother”, and his contribution to the shipping industry marked by a strong sense of responsibility, former U.S. Ambassador…