English

Wednesday, 04 December 2024

Hatzidakis in Parliament: We reduced taxes, increased revenues

The government’s tax policy was outlined by the Minister of National Economy and Finance, Kostis Hatzidakis, during his speech to the Plenary of the Parliament on the tax bill. “The…

Transfer of oil from tanker “Sounion” to “Delta Blue” concluded

The transfer of oil from the Greek-owned tanker “Sounion” to the tanker “Delta Blue” at the Suez anchorage was successfully completed. According to sources from the Ministry of Maritime Affairs…

German-Greek Chamber of Industry and Commerce: Business mission-opening to Latin America

The business mission to national markets in Latin America was concluded with encouraging messages for possible new export agreements in the immediate future. The mission was organized by the German-Greek…

The undisputed stock market winner of 2024 

Titan Cement’s Dimitris Papalexopoulos is the undisputed stock market winner of 2024, as his company’s capitalization reached 3 billion euros on the Athens stock exchange (11th largest), and its share…

Banking index rises after Mitsotakis rules out extraordinary tax

The banking index on the Athens Stock Exchange has recovered some of the lost ground following the denial of the rumor about the imposition of extraordinary taxation. More specifically, the…

Praktiker Hellas: Turnover up 5.5%; investments of 4.6 million in 2023

Praktiker Hellas’ performance showed a notable improvement in 2023. According to the announcement, turnover amounted to 187.5 million euros, showing an increase of 5.5% compared to the previous turnover. Earnings…

Tuesday, 03 December 2024

1.66-billion-euro revenue from the imposition of tax … on taxes

The State expects to collect VAT revenues of 1.66 billion euros in 2025 from Special Consumption Taxes, according to a “N” survey based on budget forecasts. An important amount of…

Marinakis to “Naftemporiki” TV on bank commissions

Prime Minister Kyriakos Mitsotakis said “no” to the main opposition PASOK’s proposal for an emergency tax on bank profits for three reasons, government spokesman Pavlos Marinakis, said speaking on Naftemporiki…

Construction of Chios Marina begins-133 berths in 2026

The agreement for the construction of the Chios Marina was signed by the technical company and the Hellenic Republic Asset Development Fund (HRADF). Upon the completion of the procedures regarding…

Diamonds of the Greek Economy: The enriched business awards institution to be held on Dec 18

The long-standing DIAMONDS OF THE GREEK ECONOMY award ceremony for business excellence will be held on December 18, at the Athenaeum Intercontinental hotel. Renewed, enriched, expanded, and innovating in the…

Spiliotopoulou (Holland&Barrett): Well-being is gaining ground in Greece

The value of the health and wellness market in Greece is estimated at approximately 600 million euros, Sofia Spiliotopoulou, General Manager of Holland & Barrett, told “N”. The sector is…

Shrinking interest in the real estate market

The lack of real estate supply, a problem that is expected to worsen further with the launch of the second house subsidy program, is reducing interest in purchasing a home.…

IOBE: Economic climate slightly deteriorates in November

Greece’s economic climate index fell to 106.1 in November from 106.9 points the previous month, according to a survey by the Foundation for Economic and Industrial Research (IOBE). More specifically,…

Peristeris’ gains from Terna Energy and his leading role in constructions and concessions

George Peristeris, CEO of GEK TERNA, has recently been at the center of a series of positive and highly profitable developments. On the one hand, the value of his participation…

Britchip Foods on a growth trajectory in the Indian market

Britchip Foods Limited, Britannia Industries’ subsidiary by 60% and ST Bakery’s (formerly Chipita Foods) subsidiary by 40% is growing in the Indian market, however, the plan to create a second…

Black Friday: Consumers show increased interest

The three-day Black Friday and Cyber Monday discount period has proven to be a good opportunity for smart shopping for over 8 out of 10 Greeks this year, Vasilis Korkidis,…

Monday, 02 December 2024

Mitsotakis to investors in London: We are not planning extraordinary taxation of banks 

Prime Minister Kyriakos Mitsotakis put an end to the scenario of imposing an extraordinary tax on bank profits. The prime minister, who is “present” at the Morgan Stanley and Athens…

It’s London time for the top listed companies on the Athens stock exchange

As Greek listed companies have already announced their nine-month results, interest is now turned on their investments plans for 2025. During the investment conference held in London by the Athens…

Manufacturing slowed in November – Inflationary pressures are increasing again

The Greek manufacturing sector remained in growth territory in November, but it slowed compared to October, following a marginal increase in output and a further decline in employment, according to…

Low-interest loans of up to 25,000 euros to small businesses

Low-interest loans of 3,000 to 25,000 euros to small businesses and self-employed people who want to implement their business idea will be granted by the Hellenic Development Bank as of…

Greek-Turkish relations: New talks in Athens

Despite the differences between Greek-Turkish relations, with Ankara insisting on resolving many issues and not just the one that Athens recognizes and concerns the delimitation of the Exclusive Economic Zone…

Privatizations: Joint plans for the ports of Katakolo and Patras

The Hellenic Republic Asset Development Fund (HRADF) is reportedly proceeding with the sub-concession of port activities for cruises and pleasure boats in the ports of Patras and Katakolo, according to…

Greece’s last credit rating of the year is expected on Friday

The report will be signed by Scope, a rating agency that is not one of the “big ones”, but is certified and approved by the ECB. The German rating agency…

The person behind the most profitable listed company on the Athens stock exchange

Evangelos Mytilineos is preparing to conquer yet another “peak”, as the financial data for the 9-month period show that Metlen is the most profitable non-banking listed company on the Athens…

Xylas: Greek shipping continues to be based on small and medium-sized enterprises

The uncertainty in the market over the last six months was highlighted by the elected president of Intercargo (he takes office from 1 January 2025) and president of Ariston Navigation…

38 Greek listed companies in London – The importance of the Morgan Stanley -ATHEX conference

The 3rd Morgan Stanley and Athens Stock Exchange Greek Investment Conference is being held in London on December 2 and 3, with the participation of 38 listed large and mid-cap…

Kayak aims to increase its market share and expand its network

Kayak’s main plan focuses on the development of the wholesale network by adding new customers and by expanding the product range. As for the plans for strengthening the network, the…

Friday, 29 November 2024

Attica Department Stores planning investments of 15 million euros

Attica Department Stores, a member company of Ideal Holdings, is launching investments of 15 million euros in the three-year period 2025-2027. In particular, CEO Dimosthenis Boumis, in the context of…

Sultan Al Jaber the new ‘boss’ of Terna Energy

Masdar from the United Arab Emirates acquired on Thursday the majority stake in the Greek company Terna Energy. This, of course, is more or less well known. However, the same…

Netcompany: Strategic agreement in the Baltic countries to modernize Lithuania’s tax system

Netcompany, the parent company of Netcompany-Intrasoft, is entering the Baltic market for the first time with a new agreement to modernize the Lithuanian tax system. The agreement with the Lithuanian…