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Wednesday, 05 February 2025

The GREEKS: London time for the powerful of ocean shipping

“Naftemporiki” presented the English-language album entitled “The GREEKS. Masters of the seas sharing their life story” in an event held at the headquarters of Bayes Business School in the City…

Continued losses for the Greek registry

The Greek registry is steadily losing strength, especially when it comes to ocean-going ships. The Greek-flagged fleet  shrank slowly but steadily in November, both in comparison to November 2023 and…

The first cruise ship arrives at Thessaloniki port marking the start of the tourist season

The cruise season has begun at the port of Thessaloniki with the arrival of the cruise ship “Celebrity Infinity” of Celebrity Cruises, a subsidiary of the Royal Caribbean group. The…

Coffee Island opens its first store in India

Coffee Island has opened its first store in India, in the heart of the business and technology hub of Gurgaon. According to the announcement, the new store marks the entry…

Tuesday, 04 February 2025

Eurobank: The disbursement of the 8th tranche of the Recovery Fund approved

Eurobank is the first systemic bank to receive approval from the Ministry of National Economy and Finance for the disbursement of the eighth (8th) tranche of the Recovery & Resilience…

Amazon: New investment in Greece’s clean energy

Amazon announced that it has invested in three renewable energy projects in Greece, bringing the total number of power purchase agreements (PPAs) it has signed in the country to eight.…

Exarchou: Reinstating Aktor to its deserved status

Aktor’s management aspires to make it the best construction company and one of the largest in the country, its president and CEO, Alexandros Exarchou said during the start of Tuesday’s…

Dynamic growth for the Netcompany group and Netcompany-Intrasoft

Driven by its three core business units – public sector, European projects sector, private sector – Netcompany-Intrasoft increased its sizes, contributing to the strengthening of the Netcompany group. The company…

HELMEPA: Steadfast commitment to sustainable and safe ports

A new innovative action will be explored within the framework of the ELIME-HELMEPA collaboration. It concerns the creation of interactive spaces in ports, with the aim of inspiring visitors to…

Fiber Optic: Faster internet connection is progressing at different speeds

The absorption of the two vouchers to boost demand for the connection of households and businesses with fiber optics (FTTH) in order to obtain a faster internet connection is progressing…

UNI-PHARMA SA: True Leader 2024 of the Greek economy by ICAP

UNI-PHARMA SA, a member of the Tsetis Pharmaceutical Group, was recognized as a True Leader by ICAP CRIF. A distinction that, according to the company, confirms the Group’s strategic development,…

The American-Hellenic Chamber of Commerce will continue to serve as a bridge to the US

The American-Hellenic Chamber of Commerce will continue to serve as a bridge to the United States and as a strategic partner, providing the tools, networking and support our members need…

Shipping: Challenges, fluctuations and volatility

Fluctuations, strong volatility and major challenges characterized the main shipping markets for 2024, according to research by a team from the National and Kapodistrian University of Athens (NKUA). For tankers,…

Digital Realty-EXA Infrastructure: Promoting Crete as a major connectivity hub

Digital Realty, a global leader in neutral data centers, colocation and cloud interconnection, announced the activation of a Point of Presence (PoP) in partnership with EXA Infrastructure (EXA) to enhance…

Monday, 03 February 2025

Installations of solar thermal systems in Greece on a positive trajectory

Companies are focusing on a series of actions that determine the solar thermal systems market (solar water heaters) for their further expansion in the Greek market. According to the Hellenic…

PMI falls in January; slowdown in production and new orders

The seasonally adjusted S&P Global Purchasing Managers’ Index® (PMI®) for the Greek manufacturing sector stood at 52.8 points in January, slightly lower than 53.2 points in December, extending the current…

Mitsotakis: We are dealing with a very intense geological phenomenon

We are dealing with a very intense geological phenomenon, Prime Minister Kyriakos Mitsotakis said, responding to a question about seismic activity in the Cyclades, upon his arrival at the informal…

EU officials return to Athens – Key areas they will focus on

In less than two years, the Recovery Fund will have been completed, with EU member countries, including Greece, rushing to implement the milestones they have set in order to absorb…

Greeks dominate in tanker orders

Οne in four orders for tankers in 2024 came from Greek companies, according to data from Veson Nautical, with Greek shipowners ranking first in energy product carriers. In particular, a…

Alarm over the continuous earthquakes in the Cyclades

Seismic activity is continuous in the Cyclades region, in the sea region between Santorini and Amorgos. The state mechanism is on heightened alert, including rescue teams who have arrived at…

Higher expectations for Navios

Navios Maritime Partners’ analysts have set a target price of 73.5 dollars per share, up 85% compared to current levels. The shipping company, owned by Angeliki Frangou, has focused on…

Envolve is looking for startups to invest 265,000 euros

Five startups will receive 265,000 euros in investment through the EnvolveXL business acceleration program from Envolve Entrepreneurship, a non-profit organization supporting entrepreneurship, which has been at the forefront of innovation…

Piraeus considering investments; interest in Ethniki Insurance

Piraeus Group is examining and evaluating potential investments in sectors related to the financial sector, including asset management and insurance companies, according to an announcement. More specifically, it said: “Piraeus…

Stepping into 2025 with business deals worth over 3 billion euros

Greek businesses have made a dynamic “entry” into 2025, confirming the positive prospects of the domestic economy. More than 18 major deals were announced in January, involving a number of…

Friday, 31 January 2025

PPC seen intensifying competition in telecommunications

OTE, Vodafone and Nova are now facing the challenges of the telecommunications market, such as the entry of PPC into optical fiber to homes and businesses (FTTH) services with new…

BYD: Sprint in the domestic market in 2024

BYD, a global leader in New Energy Vehicles and power batteries, made an impressive entry into the Greek market last year, registering 1,578 vehicles. With this performance, BYD achieved second…

H&M launches the Arket brand in Athens

The Swedish group H&M is expanding its presence in the Greek market with the launch of the Arket brand. The first Arket store is set to open in Athens in…

Greek households’ wealth amounts to 963 billion euros

The Ministry of National Economy and Finance commented on the significant recovery in household wealth since the beginning of 2022, according to data published by the European Central Bank (ECB).…

Athens stock exchange: The industry’s bullish trend; top performing stocks

It may have outperformed last year, recording a jump of more than +40% in the 12 months of 2024, but the Athens Stock Exchange’s Industry index (FTSE_IN) continues its upward…

Tug-of-war at the IMO over scrubber policies

The member countries of the International Maritime Organization (IMO) have been divided into two camps regarding the institutional framework that will govern sulfur dioxide cleaning systems (scrubbers) from ships at…