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Thursday, 07 November 2024

Diana Shipping aims to reduce its fleet carbon intensity by 20%

Diana Shipping has set a goal to reduce by 20% the carbon intensity of its fleet until 2028. As part of its green policy, Diana Shipping is committed to new…

Manousakis (IPTO): Electrical infrastructure and commercial utilization of RES

The President and CEO of the Independent Power Transmission Operator (IPTO) Manos Manousakis described the “green transition” as a huge opportunity for Greece, during his speech at the 7th Athens…

52.48% increase in successful out-of-court settlements in October

New applications for out-of-court debt settlements, as well as the number of successful settlements outside of court, both rose in October 2024 compared to the same month the previous year, …

Hellenic Cables: High and extra high voltage cables to France

Hellenic Cables, the cable division of Cenergy Holdings, was selected by RTE (Réseau de Transport d’Électricité) to supply 170 km of 90kV cables, 420 km of 225kV cables, their related…

Wednesday, 06 November 2024

GEK Terna stresses need for National Strategic Infrastructure Plan

GEK Terna Group executives stressed the need to prepare a National Strategic Infrastructure Plan, so that companies can take the proper business decisions and plan the required investments in skills,…

Naval Group extends its cooperation with Greek industry

Naval Group signed new contracts with Greek companies at the Greek stand of the Euronaval exhibition, in coordination with the Hellenic Manufacturers of Defense Materiel Association (SEKPY), continuing its commitment…

Greece assumes the presidency of the European Shortsea Network

The Hellenic Shortsea Promotion Center (SPC Greece) assumed the presidency of the European Shortsea Network. ESN is the European body for the cooperation, promotion and development of shortsea shipping, handling…

PM Mitsotakis congratulates Trump on his election victory

Greek Prime Minister Kyriakos Mitsotakis congratulated Donald Trump on his election victory on Wednesday. “Congratulations Donald Trump on your election victory. Greece looks forward to further deepening the strategic partnership…

Theodorikakos: Productivity and strong competitiveness means less taxes and higher income for citizens

Greece needs to proceed with its productive transformation and strengthening of its extroversion, Minister of Development Takis Theodorikakos said at the 7th Athens Investment Forum: “Greece as a Stable Development…

Draft law on tax cuts – 400 million euro supplementary budget

A supplementary budget of 400 million euros for the immediate financing of important projects and infrastructures was submitted as part of the tax bill, which was put to public consultation…

Psaltis (Alpha Bank): Extroversion is the prerequisite for Greece’s economic growth

Greece can be a key growth pillar in SE Europe, the CEO of Alpha Bank Group, Vassilis Psaltis, said from the stage of the 7th Athens Investment Forum. Psaltis highlighted…

Navios Maritime Partners announces higher revenue on bullish bulk market

Navios Maritime Partners announced an increase in revenue which was attributed to higher profits from the bulker market. More specifically, the US listed company recorded revenue of 340.835 million dollars…

Michailidis (TERNA): Debt repayment, realistic costs and human capital are the conditions for infrastructure development

Visibility in the planning of projects, timely payment of debts from the State, realistic review of costs and incentives for the employment of new workers in the construction industry are…

Karavias (Eurobank) stresses the need for bolstering investments

Investments must be strengthened, both at national and EU level, the CEO of Eurobank, Fokion Karavias, said at the “7th Athens Investment Forum” conference, adding that the Recovery and Resilience…

Tuesday, 05 November 2024

“Freskon Greece”: “Window” in Madrid for Greek fruits and vegetables

Forty-five Greek companies presented the production and export prospects of Greek fruits and vegetables in Madrid, in the context of the leading international exhibition of fruits and vegetables “Fruit Attraction.”…

Terna Energy undertakes new project for Independent Authority for Public Revenue

Terna Energy undertook the project “Monitoring system for commercial vehicles and containers” of the Action “Digital Transformation of tax and customs authorities” for the total amount of 64.280 million euros…

Intralot: New project with British Columbia

INTRALOT S.A. announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT…

Greek listed companies brace for long-awaited US election results

Everyone is interested in the US election results, where two different worlds and two different visions will compete. Even the listed companies on the Athens stock market are waiting for…

Greece’s largest business deals totaling 69 billion euros

The rekindling of investment activity recorded in the last twelve months is spread across the entire spectrum of business activity and is not one-dimensional, a development that is particularly positive.…

Entrepreneurship changes course: 78 billion euros channelled to the market

Funds exceeding 78 billion euros have been invested in Greek companies over the last 12 months. As a result the market seems to be recovering its pace as well as…

Greece-Turkey and the reactions

As the time approaches for the meeting of Foreign Ministers of Greece and Turkey, George Gerapetritis and Hakan Fidan, respectively, the prospects of an open or an underlying political confrontation…

IPTO: Upgrading connections in Zakynthos, Kefalonia, Lefkada

The Independent Power Transmission Operator (IPTO) ensures increased energy reliability in the Ionian Islands with the upgrades of the Kefalonia-Zakynthos and Lefkada-Kefalonia electrical interconnections. The tender for the project, with…

Greece’s food sector on development track

The funds available to the food sector – industry and retail – exceed 1.2 billion euros, in order to support the development plans that have been implemented and are about…

Port of Heraklion: Over half a million cruise passengers in 2024

The number of visitors at the port of Heraklion, Crete, exceeded every expectation. More specifically, the milestone of 500,000 cruise passengers was surpassed. On Sunday 3 November, during Mein Schiff…

Monday, 04 November 2024

World Travel Market records the latest tourism trends; “N” present for the third year

The tourism industry has definitively left behind the problems created by the coronavirus pandemic, while it has shown resilience to geopolitical turmoil and economic difficulties and is looking ahead to…

Salamis Shipyards deliver the first 2 Island-type patrol boats to the Navy

The Salamis Shipyards successfully completed on October 10 and 11, 2024, the reactivation work as well as all the tests on the first two Island-type patrol vessels, with the two…

Artificial Intelligence: The Greek proposal for AI Factories

The Greek proposal for the creation of an Artificial Intelligence factory in Greece will be submitted in the next few days, following the relevant call of the European Commission in…

Costamare: Renewal of containerships fleet, investments in capes and high profitability

Costamare recorded profits of approximately 80 million dollars in the third quarter of 2024. The shipping company listed on the US stock exchange also showed stable liquidity of more than…

Number of payment cards at record levels-53 billion euro transactions in H1

Debit and credit card penetration among the general population is reaching record levels. At the same time, an increasing number of merchants use payment cards on a daily basis, even…

AADE adopts AI to detect ‘black money’

The Independent Authority for Public Revenue  (AADE) is intensifying its controls, focusing on taxis, street markets and other categories of professionals as of the current week. At the same time,…