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Wednesday, 25 June 2025

Latsco Shipping enters the US stock exchange through acquisition of majority stake in EuroHoldings

The Latsco Shipping group, owned by Marianna Latsis and her son, Paris Kasidokostas – Latsis, is expanding its shipping portfolio. The group, which has a strong presence with private companies,…

Tuesday, 24 June 2025

Shipping industry braces for developments in the Strait of Hormuz

The shipping industry is once again preparing to face the geopolitical implications in the Middle East, while tensions are rising and the possibility of closing the Strait of Hormuz remains…

Nebis (OTE): We respect everyone; we will address any challenges that may occur

“We respect everyone and we fear no one. We are absolutely confident that we will address any challenges that may occur,” OTE Chairman and CEO Kostas Nebis pointed out, speaking…

First Greek cubeSat launched under the National Micro-Satellite Program

The launch of DUTHSat-2, the first CubeSat satellite within the framework of the National Microsatellite Program with the support of the European Space Agency (ESA), took place on Monday, June…

Alpha Bank and UniCredit cooperation is a vote of confidence

The cooperation between Alpha Bank and Unicredit is a message of confidence in the Greek economy, as emphasized in the meetings held by the heads of the two credit institutions…

Passenger traffic in Greek airports soared 6.4% in January-May

Passenger traffic rose by 6.4% in January-May 2025 across all airports in the country.  Specifically, passenger traffic at Greek airports reached 21,830,648, compared to 20,518,545 passengers during the same period…

Piraeus Port Authority sends a message of solidarity

The historic sailing ship “Nave Italia” was welcomed on June 18 at the port of Piraeus by Piraeus Port Authority S.A. The ship remained docked at the cruise pier until…

Kikilias: Security in ports is a priority

The first conference of the Hellenic Union of Tugboat, Salvage, Anti-Pollution, and Offshore Support Vessel Owners was held at the Stone Warehouse of PPA S.A. in Piraeus. The event highlighted…

Middle East tension threatens Greek tourism

Unfortunately, the collateral damage of the war between Israel and Iran for Greek tourism is starting to become a reality, albeit to a limited extent. Furthermore, the very recent “warning”…

Maritime Affairs Ministry on high alert: 200 Greek-owned vessels in Persian Gulf and Gulf of Oman

The Ministry of Maritime Affairs and Insular Policy is on high alert amid fears of escalating tensions in the Red Sea and the potential closure of the strategically vital Strait…

PCT celebrates 15 years of presence at the port of Piraeus

Piraeus Container Terminal (PCT), a subsidiary of Cosco Shipping Ports Limited, is completing fifteen years of dynamic and successful presence in Piraeus. The company has established itself as a key…

Monday, 23 June 2025

Fourlis Group: Disciplined strategy implementation and growth in all business areas

The Fourlis Group is setting its goals high for the period 2025-2027. The management of the listed company speaks of the disciplined execution of its strategy and growth rates in…

Alpha Bank: Procedures with UniCredit accelerated

Alpha Bank is counting down to the completion of the agreement with UniCredit — well ahead of schedule — as well as to the unification of its group, according to…

Papathanasis to “N”: Key drivers supporting investments after the end of the Recovery Fund

The increase in the absorption of NSRF funds, the additional national resources, as well as three new financing tools with a budget of 8 billion euros, will be the key…

L’OREAL Hellas: Sales and profits increase in 2024

L’ÓREAL Hellas achieved sales of 250.9 million euros in 2024 compared to 221.9 million euros in 2023, an increase of 13%. Of this total, 246.1 million euros related to wholesale…

Greece on the map of the “T”brand – The advanced capabilities of Cosmote Telekom

Cosmote Telekom is increasingly adopting a strategy based on the competitive advantages of the global Telekom Group, with a dominant position in the USA and Europe, with priorities in network…

What’s at stake if the Strait of Hormuz is shut?

As the US launched air strikes on Iranian nuclear facilities and the Iran-Israel war escalates, eyes are once again turning to the world’s most sensitive energy hub: the Strait of…

The impact of the war on Greek economy – From Hormuz and oil to tourism

The economic staff has been on alert due to developments in the Middle East, but after the US involvement in the Israel-Iran war pressure has been intensified. Eyes are turned…

4+1 developments affecting the real estate market

The real estate market is under pressure from the reduction in foreign direct investment, the slowdown in construction activity, the increase in construction costs and the limitation of investments in…

UBS: Greece’s average wealth is rising, but the gap remains

Greece has recorded one of the highest rises in wealth in Europe, with nearly 80,000 millionaires and a strengthening of the middle class. However, wealth remains unevenly distributed, with money…

TIF: Incentives to boost e-payments

The situation in the Middle East further increases the uncertainty and the possible consequences it will have on the course of the Greek economy. Nevertheless, the economic staff seems to…

Psaltis: Alpha Bank has integrated resilience into its operating model

Alpha Bank’s resilience to external economic and geopolitical pressures were analyzed in an interview by the CEO, Vassilis Psaltis, following his recognition as top CEO in a vote conducted by…

Friday, 20 June 2025

Dynacom gives vote of confidence in Chinese shipyards

Dynacom Tankers Management, owned by George Prokopiou, is strengthening its long-standing relationship with Chinese shipyards New Times Shipbuilding by activating the option for six additional Suezmax tankers, just a few…

Aegean Airlines issues 7-year bond up to 250 million euros

Aegean Airlines announced that the Board of Directors of the Company, at its meeting held on 19 June 2025, resolved on the issuance of a common bond loan, amounting up…

HelleniQ Energy: Exploratory talks for hydrocarbon partnerships

HelleniQ Energy is considering expanding its existing hydrocarbons portfolio through partnerships and collaborations with other companies in the sector, as well as participation in the upcoming tender for the new…

Marble Industry: 322 million exports in 2024

Drama hosts the 8th Global Stone Congress, the world’s leading forum on natural stone, innovation, and sustainable use, running through Friday, June 20. The wider region (Drama, Kavala, Thassos) is…

Iktinos: Positive outlook for 2025 – Doubling its share in China

Iktinos expects positive performance in 2025, as its management emphasized following the company’s annual regular general meeting. The company showed an increase in its figures in the first half of…

AADE’s Big Brother: “GPS” against tax evasion in car repair shops, parking lots and car washes

The Independent Authority for Public Revenue (AADE) ‘Big Brother’ kicks off officially on July 1, aiming to closely monitor transactions in car repair shops, car washes, parking services, and vehicle…

The first digital broker from National Bank and Qualco Group

The new real estate trading company established through the strategic partnership between the National Bank and the Qualco Group was presented. The company serves as the connecting link that brings…

Greece-Italy ferries remain docked as PENEN extends its strike

The Panhellenic Union of Merchant Shipping Seamen (PENEN) announced its intention to proceed to a new 24-hour strike at the port of Patras, starting on Friday (20/6) at 06.00 and…