English

Monday, 09 March 2026

HelleniQ Energy begins commercial operation of photovoltaic parks in Romania

HelleniQ Energy announced that two photovoltaic parks in southern Romania, with a combined capacity of 58 MW, have entered commercial operation. The projects form part of an agreement signed in…

Defense industry to be strengthened with 150 million euros

Greek defense companies are interested in joining the new Development Law regime that is currently being announced, which concerns the strengthening of Defense, with an emphasis on the utilization of…

Greek cosmetics market totals 1.7billion euros

The Greek cosmetics market is valued at 1.7 billion euros, according to data from the European Cosmetics Industry Association. Regarding developments in the cosmetics industry, wellness remains a priority in…

Lamda Development expects 2.08 billion euros in revenue from The Ellinikon

Total cash receipts from sales of residences and land plots at The Ellinikon are estimated to reach 2.08 billion euros by the end of 2026. According to Lamda Development, receipts…

EU officials assess progress on Greece’s recovery plan ahead of deadline

As the deadline for the final phase of the Recovery and Resilience Plan approaches, senior officials from the European Commission are set to begin another assessment this week of Greece’s…

Port of Piraeus: 10 years of cooperation with COSCO SHIPPING

The port of Piraeus completes ten years of cooperation with COSCO SHIPPING, with the Piraeus Port Authority S.A. underlining, in a relevant post, that the last decade marked a period…

OQ Technology: Development with 25 million financing from the EIB

OQ Technology, a European satellite telecommunications company with a subsidiary in Greece, is participating in the National Microsatellite Program and has been financed by the Phaistos Investment Fund. The company…

Port collaboration for sustainable cruising

The participants of the 2nd workshop of the European Interreg Euro-MED program “Port-City Regions To Wave Med Cruise Destinations As Smart, Sustainable And Striking Eco-Tourism Systems” (PortCREW) were welcomed at…

Friday, 06 March 2026

CSG Group acquires 49% stake in Hungarian Defense Industry

CSG Group will acquire a 49% stake in the Hungarian 4iG Space & Defence Technologies, thus making it an indirect shareholder with 37% in the also Hungarian Rába Automotive Holding…

Banks and the savings and investments union: from intermediation to strategic enablers

By Pedro Machado, Member of the Supervisory Board of the ECB Banks are essential enablers of market integration and a key transmission channel between savings and investment. The SIU also…

Port of Igoumenitsa: 1.5 MW photovoltaic park

The Port of Igoumenitsa Authority is taking a decisive step towards sustainable development and energy autonomy, with the installation and connection of a 1.5 MW photovoltaic park, which constitutes the…

Alter Ego Media acquires 50.1% of More.gr

As Alter Ego Media stated in its announcement, an agreement was signed for the acquisition of 175,352 common registered shares with equal voting rights, with a nominal value of one…

Giouroukos (GSL): The safety of our seafarers is our top priority

“The safety of our seafarers remains a top priority”,Global Ship Lease Chairman George Giouroukos commented on the developments in the Persian Gulf. During the presentation of the company’s financial results,…

The Essence of China’s Investment in European Ports: A Mutually Beneficial Cooperation

Professor Theodoros Syriopoulos Port Management and Shipping Department  School of Economics and Political Sciences National and Kapodistrian University of Athens Following its accession to the World Trade Organization, and over…

TITAN: Acquisition of Traçim Cement in Turkey

Titan SA, having received all necessary regulatory approvals, has completed the acquisition of 100% of Traçim Çimento, a company operating in the greater Istanbul area, one of the most dynamic…

ElvalHalcor: Energy costs and scrap prices key drivers of 2026 performance

ElvalHalcor is focusing on the increased needs of data centers in Europe and the US for aluminum and copper, as well as on meeting the needs of energy network applications,…

Corinth Pipeworks to acquire LSAW pipe mill in the UK

Cenergy Holdings announced the acquisition of an LSAW pipes facility in Hartlepool, UK through an Asset Sale Agreement (ASA) signed on 4 March 2026, between Corinth Pipeworks UK Ltd, a…

PPC – METLEN join forces to develop up to 1,500MW of energy storage projects across three countries

PPC Group and METLEN, leading Greek companies in the electricity sector in Greece and the wider region, have signed a Joint Venture Agreement (JVA) for the establishment of a joint…

Thursday, 05 March 2026

Allwyn and Novibet agree to to jointly withdraw deal after competition concerns

Allwyn and Novibet have agreed to jointly cancel the previously announced deal involving the acquisition of Novibet by Allwyn. Specifically, as highlighted in the Allwyn announcement, Allwyn and Logflex MT…

Gikas: 160 ships of Greek interests in the Middle East

A total of 32 Greek-flagged vessels are currently operating in the wider Middle East region — the Persian Gulf, Arabian Sea, and Gulf of Oman, according to Deputy Minister of…

Union of Greek Shipowners highlights the importance of New European Maritime Strategy

The European Strategy for the Shipping Industry was welcomed by the Union of Greek Shipowners, noting that the recognition of the vital role of European shipping for the EU is…

Lamda on track for strong profitability

The progress of the large urban development in The Ellinikon continued to determine the financial figures of Lamda Development in 2025. The Group’s consolidated sales amounted to 567 million euros…

Cenergy: Net profit up 39% in 2025 – Gross dividend of 0.26 euros per share

Cenergy Holdings’ sales exceeded the 2-billion-euro threshold in 2025, amounting to 2.06 billion euro (+15% compared to last year), as a result of the dynamic course of both sectors of…

Foreign Ministry: Repatriation of Greek nationals from the Middle East

Greece’s Foreign Ministry concluded the repatriation of Greek citizens and their family members from the Middle East on March 3-4, 2026, amid the intensifying war crisis in the region. The…

IPTO strengthens Greece’s energy security by leveraging IBM technology

Greece is taking a significant step towards modernizing and protecting its electricity transmission infrastructure, as the Independent Power Transmission Operator (IPTO) is implementing an advanced, artificial intelligence-powered Asset Performance Management…

Performance Shipping orders two Suezmax tankers

Performance Shipping Inc. (PSHG), owned by Aliki Paliou, is further strengthening its fleet by signing two contracts for the construction of 158,000 dwt Suezmax tankers. The agreements were signed, through…

OPAP: Online activities are a growth driver

OPAP is entering a new era under the Allwyn brand and, as the company’s management emphasized during the analysts’ briefing, the merged company Allwyn will maintain its main listing on…

Tourism: GNTO showcases Greece at BTM Expo in Bari

The strategic role of Bari as the primary departure hub for Italian travellers to Greece featured prominently in the Greek National Tourism Organisation’s participation in BTM (Business Tourism Management) Italia…

Wednesday, 04 March 2026

Asso.subsea signs deal for construction of new generation TSV

The Greek Asso.subsea has signed a contract for the construction of the “Andromeda”, a new generation Trenching Support Vessel (TSV) and sister ship to the “Avra” being built at the…

Aluminum prices rise amid geopolitical turmoil

At the center of geopolitical developments is aluminum, with metal prices on the rise. According to data from international agencies, aluminum increased by up to 2.9% to 3,231.50 dollars per…