OTE management estimated that the approvals from the Romanian authorities in order to proceed with the sale of its subsidiary, Telekom Romania Mobile (TKRM), will have been completed by the…
The importance of the tugboat sector in the current national and international environment, the safety and the significant surplus values that will arise for the national economy, especially the shipbuilding…
Piraeus’ major shareholder John Paulson sold a 15% stake of his total investment in the bank for 160 million euros, according to a bank announcement.
Specifically, the US investor, one…
Tsakos Energy Navigation is expanding its investment program by focusing on shuttle tankers.
According to Xclusiv, the group will proceed with the construction of nine more shuttle tankers (DP2) in…
The Hellenic Public Properties, a subsidiary of the Superfund, has entered into a significant business agreement regarding the sale of its participation in Marina Zeas S.A. (25%) to the majority…
OTE Telecoms achieved its targets in 2024, recording strong operational and financial performance in Greece, its president and CEO, Kostas Nebis, stated following the release of its financial figures.
“We…
Energean is considering invoking the same reasons as a year ago in order to obtain a new extension of the concession license for block 2, which expires on March 15.…
In a major milestone for the decarbonization of shipping, the Port of Thessaloniki (ThPA) becomes the first port in the European Union and the Mediterranean to integrate RightShip’s Maritime Emissions…
“Following the drilling for hydrocarbons, Greece will gain 1/3, around 35%, which is not bad, it is fine,” Filippos Filippakopoulos, the former CEO of a Greek hydrocarbon management company, Yannis…
The gross tonnage of the Greek merchant marine fleet further dropped in December, according to the Hellenic Statistical Authority (ELSTAT).
Despite the significant renewal and development of the Greek-owned fleet,…
OTE’s vision for 2030 and its development strategy were presented by the President and CEO of OTE Group, Kostas Nebis, to more than 400 associates of the GERMANOS store network…
Bank of Greece sees new inflationary pressures in services and core inflation, with the sectoral index of services recording a 5.6% increase in January and core inflation rising by 4.4%.…
Hellas Gold has completed its social investment plan for 2024 in the region of NE Chalkidiki, which includes 130 projects and social actions worth 2.47 million euros.
This is an…
Olympia Group and VNK Capital plan to focus on new investment initiatives, according to their announcement after the decision to reduce their participation in Lamda Development, through their joint investment…
Listed companies have distributed or announced dividends exceeding 1.8 billion euros in the first two months of 2025, which consolidates expectations for exceeding the annual target of 5 billion euros.…
New car registrations in the European Union fell by 2.6% in January, according to data from the European Automobile Manufacturers Association (ACEA), which represents Europe’s 16 major car, truck and…
Greece is recording steady progress in the participation of Renewable Energy Sources (RES) in the energy mix, according to a study published by the Center for Liberal Studies (KEFIM) in…
Aegean Airlines inaugurated the air connection between Athens and Erbil, a route that also has great geostrategic importance.
Erbil is located in northern Iraq and is considered by many to…
EuroDry Chairman and CEO Aristides Pittas expressed his optimism that the dry bulk market in March 2025 will recover, following the various incentive packages from the Chinese government in combination…
One of Turkey’s largest shipping companies is being relocated to Greece, as investments in the country reached a record level in 2024.
The decision, as reported by Turkish media, was…
Piraeus Bank Chairman George Handjinicolaou said that “2024 was a year of significant progress for Piraeus and we are pleased to announce record profitability and growth. At the same time,…
The listed shipping company Costamare is planning to renew its privately owned fleet of dry bulk carriers and increase its average size, as the company reveals in its annual report…
Athens International Airport announced total revenue increased by 10.2% to 665.5 million euros in 2024 compared to 603.72 million in 2023.
The significant increase in passenger traffic of 13.1% and…
Virtual Reality (VR) and Augmented Reality (AR) have penetrated technology and marketing, offering new possibilities for enhancing consumer experience and developing advertising campaigns.
As consumers increasingly demand innovative and interactive…
Eurobank will proceed with the signing of a Memorandum of Understanding (MoU) with SC Ventures, a member of Standard Chartered, as part of a new strategic partnership to promote innovation…
The new storage and distribution (logistics) center in Aspropyrgos, an investment totaling 70 million euros, will be delivered to InterIkea Group by Trade Estates REIC in 2025.
According to competent…
Greece, like the other member states of the European Union, is awaiting the details of the Commission’s proposal to exempt defense investments from the spending limit of the new Stability…
StealthGas closed 2024 with a historic high in profitability for the third consecutive year.
Specifically, the Nasdaq-listed company announced profits of 69.9 million dollars – an increase of 34.7% compared…
Eldorado Gold recorded strong operational and financial performance in 2024.
As stated by George Burns, President and CEO of the Canadian multinational, “gold production increased by 7% to 520,293 ounces…