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Tuesday, 28 January 2025

Arab stakeholders acquire 60% of Hellenic HealthCare Group

Abu Dhabi’s PureHealth Holding PJSC is buying a majority stake in Greek hospital group HHG from fund CVC Capital Partners, boosting the emirate’s efforts to expand into the healthcare sector…

Motor Oil -Terna Energy to develop first offshore wind park

Motor Oil and TERNA ENERGY are jointly developing the first Offshore Wind Park in the country. The procedures for the participation of the Motor Oil Group, through its subsidiary Motor…

Kefalogianni: Changing travel habits due to climate change

Tourism Minister, Olga Kefalogianni, stressed the importance of the green transition in the tourism sector, describing it as crucial for achieving the goals of sustainability and environmental protection. The Minister…

Hellenic Development Bank launches Microfinance Fund

The newly established Microfinance Fund began its operation on Monday with the three specialized microcredit/microfinance institutions licensed by the Bank of Greece. It is managed by the Hellenic Development Bank…

Robust tourism investments in Northern Greece

Ιnvestment interest in the tourism and hotel sectors in the region of Eastern Macedonia and Thrace has rapidly increased recently, mainly on the coast of Kavala and Thassos, with a…

Monday, 27 January 2025

ELETAEN: Central Greece a champion in wind installations

The wind power connected to the grid reached 5,355 megawatts (MW) at the end of 2024, according to the annual Wind Energy Statistics released by the Hellenic Wind Energy Association…

METLEN invests in new RES Projects in Italy

METLEN Energy & Metals further expands its presence in Italy by securing 67.9 million euros in financing for the construction of 71.5 MW through five large-scale solar parks. These projects…

Aktor Group: Share capital increase oversubscribed; demand reaches 225 mln

The Aktor Group’s share capital increase was oversubscribed, with demand amounting to 225 million euros, according to an official announcement by the Group. “The Group of Companies informs the investors…

7 billion taxpayers under the microscope of the tax office

The Property Ownership and Management Registry is expected to be launched in February. Through its activation, the Independent Authority for Public Revenue (AADE) will have a complete and accurate picture…

Greek shipowners maintain their leadership in the tanker fleet

Greece’s shipping industry maintains a leading role in the energy transport sector at a global level year with tankers dominating for another year and the value of the blue and…

Large-scale investments in data centers

The Environment and Energy Ministry and the Digital Governance Ministry are laying out a plan for 5-billion-euro investments in data centers in Greece by 2030 based on a study prepared…

IRIS system mandatory for all businesses -Transactions in 10 seconds

After freelancers, businesses are called upon to activate the IRIS direct payment system within the year. The relevant provision will be included in the bill of the National Economy and…

Global shipping community discusses energy transition in Athens

The issue of decarbonizing shipping in view of the meeting of the competent Committee of the International Maritime Organization (IMO), which is expected to approve a global mechanism for determining…

Aktor: Share capital increase oversubscribed – The next steps

The 200-million euro share capital increase of Aktor Group has been reportedly oversubscribed. The relevant official announcements are expected early this week. The share capital increase – according to the…

Critical raw materials: Investment fever in Greece

The strong business activity observed recently in the mining and quarrying industry is laying the foundation for the faster exploitation of critical mineral raw materials in the Greek subsoil. Metlen’s…

Friday, 24 January 2025

Sani/Ikos hospitality Group invests in education and employment growth in tourism

On the International Day of Education, Sani/Ikos hospitality Group reaffirms its commitment to education as a key driver of growth and innovation in the hospitality sector. Through strategic investments in…

PwC and Microsoft upgrade Thessaly into an innovation hub

PwC has announced the opening of the PwC x Microsoft Excellence Center, a new center of excellence in Thessaly, based in Volos. Its purpose is to operate as a center…

IRIS: Expansion to all businesses in 2025

A provision for the expansion of the IRIS direct payment system to all businesses will be included in the bill of the National Economy and Finance Ministry for the strengthening…

ThPA’s open public tender is a “puzzle”

The open public tender for 21% of the share capital of the Thessaloniki Port Authority (ThPA.) by LeonidsPort B.V. of the Louis-Dreyfus business family is turning into a difficult challenge.…

ELSTAT: Greek households disposable income up 3 billion in Q3

Greece’s disposable income of households and non-profit institutions increased by 3 billion euros in the third quarter compared to the corresponding quarter of the previous year, according to data published…

IOBE: The path of the economy is an open question due to international instability

The Foundation for Economic and Industrial Research (IOBE) estimated in its quarterly report an annual growth of +2.4% in 2025, at the same levels as last year. A more moderate…

Ideal Holdings acquires Barba Stathis for 130 million euros

Ideal Holdings has reached an agreement with Frozen Holdings for the acquisition of 100% of the company Barba Stathis S.A., as well as 90% of Halvatzis Makedoniki S.A., a subsidiary…

Four construction projects in Thessaly and Evia totaling 1.252 billion euros

Construction companies GEK Terna, Aktor, Avax and Metka are expected to sign contracts of 1.252 billion euros for road and railway infrastructure restoration projects in Thessaly and Evia, following the…

Athens Hotels: Increase in average occupancy, rates and revenue in 2024

2024 ended positively for Athens hotels, with an average occupancy rate of 78% (an increase of 2.3% compared to 2023), an average daily rate (ADR) of 149.26 euros (an increase…

Energean: Record profits in 2024-The outlook for 2025

Energean reported a record year in 2024, according to the company’s update to the London and Israeli stock exchanges. The group’s production totaled 153 thousand barrels of oil equivalent per…

Stassis (PPC): The next… hot stock, the rally to 14-year high, and the interest of shareholders

Recent developments in Public Power Corporation (PPC) cast a spotlight on its CEO, George Stassis, who sees investment interest in the electricity company increasing significantly, constituting for many the next……

Thursday, 23 January 2025

Lavipharm: Strategic agreement with iNova Pharmaceuticals

Lavipharm announced the signing of a strategic commercial agreement with the multinational pharmaceutical company iNova Pharmaceuticals, owner, among others, of the Betadine® brand. The agreement concerns the rights to commercialize…

Alexandratos-“The Greeks”: Shipping is not about one person, but about everyone working together

The Hellenic Chamber of Shipping, in collaboration with all organizations, will support creative extroversion, the new president of the Chamber, George Alexandratos, said during the presentation of the album “The…

Travlou-“The Greeks”: Greek shipping’s competitive advantage is its people

The president of the Hellenic Shipowners’ Association, Melina Travlou, expressed her pleasure for attending the presentation of the album entitled “The GREEKS. Masters of the seas sharing their life story”…

Stylianides-“The Greeks”: Greece remains and will remain a leading power in global shipping

The lives and valuable experiences of 50 great shipowners through this emblematic album highlight the great contribution and the development and prosperity not only of the country but of global…