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Friday, 13 December 2024

Helleniq Energy’s plan to make Elpedison a leading company

Helleniq Energy aims to radically reform Elpedison in order to render it a leading company in the energy sector. The management of the Helleniq Energy group and CEO Andreas Shiamisis…

Start-ups: Funding for Greek startups to reach 555 million euros in 2024 

Capital of 555 million euros was invested in approximately 90 Greek startups in 2024, an increase of 15% compared to the previous year, according to the “Digital Transformation in Greece…

Metlen share in Citi’s top-3

Citi’s top picks for 2025 include Metlen, with the US bank’s analysts giving a target price of 46 euros, which translates into a 40% upside margin. Based on the optimistic…

10th Greek-German Food Forum: Bilateral agreements, a pillar of extroversion for the agricultural sector

More than 80 B2B contacts were held between Greek companies in the primary sector, standardization and production of agricultural goods, and German import companies, in the context of the 10th…

Supreme Court’s ruling hurts the real estate market

The ruling of the Council of State, Greece’s Supreme Court, to essentially repeal the New Building Regulation has significantly affected the real estate market, freezing construction for an unknown period…

OECD stresses Hellenic Development Bank’s significant contribution to supporting SMEs

Τhe Organization for Economic Co-operation and Development (OECD) made special mention in its annual report on the Hellenic Development Bank (HDB), noting its significant contribution to strengthening small and medium-sized…

AB Vassilopoulos: 300 franchise stores throughout Greece

AB Vassilopoulos’ franchise network has reached 300 stores nationwide, with the collaboration of 223 entrepreneurs and more than 2,000 employees. Of the network of 300 franchise stores in Greece, 200…

Thursday, 12 December 2024

Electrical and electronic devices below expectations in Jan-Oct

The electrical and electronic goods market proved to be below expectations in the 10-month period of 2024. According to GFK data for the period January – October 2024, the market…

‘Illegal’ term in a tender for ‘barren lines’ freezes the procedure

The barren coastal shipping lines are in the air, due to an “illegal” term in the announcement of the tender of the Ministry of Shipping last October. As coastal shipping…

The 9 “golden” energy deals of the Stock Exchange

The energy sector was in the spotlight in 2024, with companies listed on the Athens Stock Exchange attracting the interest of investors. This is also reflected in the value of…

Superbrand 2024: Minoan Lines awarded as the leading company in the transport sector

MINOAN LINES was awarded as the leading corporate brand in Greece’s transport sector in 2024 within the framework of the internationally renowned “Superbrands” institution, which recognizes corporate brands that have…

Xiradakis: Capital flow to European shipyards is limited

The issue of financing is the huge problem facing the shipbuilding industry in Europe and especially in Greece. “It is a pity that the flow of capital has been limited…

Green light for strategic investments of 253 million euros

The Interministerial Committee for Strategic Investments gave the “green light” to four investments with a budget of 253 million euros, in the context of implementing the country’s new production model…

PPC Group launches renewable energy production in Italy

PPC Group announced the operation of two new photovoltaic plants in Italy, with a total installed capacity of 32 MW, marking the Group’s entry into the Italian Renewable Energy Sources…

Wednesday, 11 December 2024

The climate crisis and the green transition in tourism at the European Parliament

The climate crisis and the green transition dominated a meeting at the European Parliament in Brussels with the participation of representatives of ten leading pan-European associations and bodies in the…

Megalou: 40 billion euros for strategic business sectors by 2027

A stable, profitable and truly modern banking system will support the long-term growth of the Greek economy, Piraeus Bank CEO Christos Megalou said speaking at the 26th Capital Link Invest…

Nova announces higher revenues and losses in 2023

The telecommunications company Nova presented higher revenues and losses in 2023. More specifically, total revenues rose by 1.4% to 819.3 million from 807.9 million, while its turnover amounted to 805.7…

Dennis Shen (Scope Ratings) to “N”: What to expect after the upgrade – The next challenge for Greece

The declining public debt combined with the government’s commitment to fiscal stability and strengthening of the banking sector were the main reasons for Scope Ratings to recently upgrade Greece’s credit…

Staikouras from New York: We stabilized the economy

The New York Stock Exchange in collaboration with the “Capital Link Invest Forum” organized for the 20th consecutive year, a special event entitled “GREEK AMERICAN ISSUER DAY” at the New…

Metlen completed two new RES projects in Chile

METLEN Energy & Metals announced the completion of two new large-scale photovoltaic plants (Tocopilla, 227 MW and Tamarico, 167 MW) in Chile, raising the country’s renewable energy production to 588…

Greece among EU countries whose budget was approved without reservations by the Commission

Greece is one of the eight EU countries whose 2025 budget was approved without any reservations by the European Commission. This was certified at the Eurogroup meeting in Brussels, in…

TEN focused on net zero targets

Tsakos Energy Navigation’s decarbonization strategy and plans are progressing steadily, with a clear focus on reducing emissions, improving energy efficiency and integrating sustainable practices across all of the company’s operations.…

Exarchou: Structural reforms and a change in the production model required

Greece’s economy will continue to grow at least until the end of the decade, the president and CEO of AKTOR Group, Alexandros Exarchou, said speaking at the 26th annual Capital…

Eurostat: Piraeus among the top 3 passenger ports in the EU

Greece and Italy are the leaders in maritime passenger transport for 2023, according to passenger traffic data published by Eurostat. Comparing 2023 with 2022, the number of passengers in maritime…

Tuesday, 10 December 2024

Lazaridou (GEK TERNA): Historic opportunity for a greener future

Greece’s new investment landscape was illustrated by Penelope Lazaridou, General Financial Manager of GEK TERNA Group, speaking at the Capital Link conference in New York. “With a boost from the…

The Ellinikon: The 225-million-euro residential project will be completed at the end of 2028

The residential investment, totaling 225 million (including VAT) in The Ellinikon by the special purpose company AURA Residential, is expected to be completed by the end of 2028 and includes…

PPC: Share capital increase of 150 million euros for Fibergrid

PPC has decided to increase the share capital of its 100% subsidiary for Telecommunications, Fibergrid, by 150 million euros. This increase will be made gradually, with 40 million to be…

Tourist spending in Greece up 14%

Tourist spending in Greece increased by 14% compared to the previous year, according to the “Visa Mediterranean Tourism Analysis.” The analysis covers transactions in physical stores in Greece with Visa…

Early repayment of 7.9 billion euros of loans on Friday

It is now a matter of time to complete the process of early repayment of three more installments from the loan of the first memorandum totaling 7.935 billion euros after…

Greece to pump 3.3 bln euros of liquidity into market in 2025

The total value of financing sources for investment projects of small and medium-sized, large and newly established enterprises that will be activated in 2025 is estimated to reach almost 3.3…