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Monday, 19 May 2025

Kostis Hatzidakis to “N”: Deep cuts in the “deep” state

The “deep” state and its problems are prioritized by the Deputy Prime Minister, Kostis Hatzidakis, in an exclusive interview with “N.” He stressed that his intention is to give special…

Unjustified and abusive detention of the Greek tanker by the Russian coast guard

The Russian coast guard, unjustifiably and abusively, detained the tanker “Green Admire” of the Greek company Aegean Shipping, owned by George Melisanidis, in the Baltic Sea, after it departed from…

How did Greece manage to pass Fitch’s test?

Amid global uncertainty, and driven by the faster reduction of public debt, the strengthening of Greece’s growth momentum, as well as the progress achieved in various sectors, Greece has successfully…

Russian gas has returned to Greece’s energy mix

The restoration of Russian gas to the country’s main suppliers is reflected in the latest data from DESFA, which was processed by Green Tank for April. This development comes a…

Greek banks ramp up financing to the shipping sector

Greek banking institutions are emerging as the main financial supporters of Greek shipping with nine banks accounting for 35% of its funding. According to the annual report of Petrofin Research,…

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. (Vafias Group) has entered into a new collaboration with Nutrigem Maritime Wellbeing Professionals, which provides health and wellness services to shipping organizations and crew management on…

Kazakh delegation visits PPA to explore partnership opportunities

A high-ranking delegation from the Republic of Kazakhstan was welcomed by the Piraeus Port Authority (PPA) S.A. at its headquarters in Piraeus, as part of an official scheduled visit with…

Friday, 16 May 2025

MagentaONE, OTE’s new commercial umbrella

OTE is rolling out its new commercial policy, following the brand change from Cosmote to Cosmote Telekom, by launching a service called MagentaONE. Magenta, which is also Telekom’s corporate color,…

Seajets: New discounts and offers for the summer

In consultation with the Ministry of Maritime Affairs and Insular Policy, SEAJETS offers additional discounts to families with three or more members, as well as to groups of three or…

Shiamisis (Helleniq Energy): Uncertainty over Exxon’s drilling timeline in Crete

The significant decline in international margins combined with lower sales of petroleum products “marked” the financial results of Helleniq Energy in the first quarter of 2025, with the overall picture,…

Alessandra Delfini – L’Oréal Hellas: Beauty can – and should – be a force for change

Τhe increase in L’Oreal Hellas’ financial figures in 2024 represents part of the results of its strategy, as emphasized by the company’s management in the context of the Annual Press…

Athens Stock Market: Head in Fitch, heart in profits

The Athens Stock Exchange enters its last session of the week, hovering near the highest levels of the last 15 years. The General Index, which stands around 1,800 points, has…

Seven suitors in Vouliagmeni beach tender

Seven investment entities have expressed interest in leasing Vouliagmeni Beach within the framework of a relevant tender process by Hellenic Public Properties. These are companies and joint ventures with activity…

Danaos stands firm amid ongoing challenges

Danaos Corporation continues to register an extremely positive course with 3.7 billion dollars in contracted revenue, 825 million dollars in liquidity, 1.9 billion dollars in company value, 84 ships in…

Noval sees enhanced performance outlook for 2025

Noval Property REIC (a subsidiary of Viohalco) expects increased figures for this year as a result of the active management of its real estate portfolio and its new developments that…

Shipping: VLCC freight rates higher due to increased crude exports

Significant developments are taking place in the global shipping and oil markets, as US crude oil exports to South Korea reach historic highs. These exports directly affect charter rates for…

Landmark partnership for Thriasio Freight Center – Onex Elefsis Port & Logistics Hub

An important Memorandum of Understanding between Thrissio Freight Center S.A. and Onex Elefsis Port & Logistics Hub S.A., aiming to strengthen the supply chain and its connection with the shipbuilding…

Thursday, 15 May 2025

Intracom Defense: Investments in new production lines and infrastructure after ΙΑΙ acquisition

INTRACOM DEFENSE (IDE) presented the high-tech systems it develops in the fields of Secure Tactical Communications and Command & Control, Hybrid Power Systems, and Electronic Missile Systems at DEFEA 2025.…

Laskaridis Maritime: Triple naming of bulkers

Alimia Group, under the ownership of Athanasios Laskaridis, is now witnessing the tangible results of its comprehensive shipbuilding program, encompassing state-of-the-art bulk carriers and tankers. In particular, the Greek shipping…

Recovery Fund: The revised “Greece 2.0” submitted to the Commission

The proposal for the revision of the National Recovery and Resilience Plan “Greece 2.0” was submitted to the European Commission, by decision of the Alternate Minister of National Economy and…

ONEX: The milestone of 700 ships repairs and future investments

A significant milestone, which a few years ago was not even visible on the distant horizon, was achieved by the ONEX group at the shipyards of Elefsis and Neorion, Syros.…

OTE’s partial restructuring underway

The strong performance in mobile, broadband services and television combined with effective cost management leads OTE management to estimate an increase in adjusted EBITDA (earnings before interest, taxes, depreciation and…

Kri-Kri: 26.5% increase in turnover in the first quarter

Kri-Kri dairy’s turnover increased by 26.5% to 66.38 million euros in the first quarter of 2025, compared to 52.48 million euros in the first quarter of 2024. According to the…

EFA GROUP at DEFEA 2025: “One Stop Shop” of defense solutions – Innovation and high t

EFA Group and its companies EFA VENTURES, SCYTALYS, UCANDRONE and AETHER AERONAUTICS presented their proposals in the fields of Battle Management Systems, Command and Control Systems (C2), Interoperability and Unmanned…

OTE: 1% increase in revenue and 1.8% in adjusted EBITDA in Q1

OTE reported an increase of 1% in revenues and an increase of 1.8% in the growth rate of Adjusted EBITDA (AL) in the first quarter of 2025. Adjusted profit to…

INSETE: Each euro generated from tourism contributes an estimated 2.2-2.65 euros to the country’s GDP

The positive course of tourism in 2024 confirms its continuous contribution to the economy, in an era where nothing is a given, the Secretary General of SETE and President of…

9th Naftemporiki Shipping Conference: Shipping in disruption – Threats and opportunities in the modern maritime environment

Naftemporiki, serving the shipping sector since 1924, is organizing its 9th Shipping Conference, with the participation of leading shipowners and executives in the industry. Through presentations, analyses, interviews and special…

Wednesday, 14 May 2025

Laskaridis Foundation donates upgraded drones for the Aegean

The ceremony for the donation of the advanced technology unmanned V-BAT aircraft to the Supreme Military Command of the Interior and Islands (ASDEN) by the charitable foundation “Athanassios K. Laskaridis”…

Mytilineos: Metals are of strategic importance for ReArm Europe

The sustainability of metallurgy and the strategic importance of metals for ReAerm Europe were the focus, among others, of METLEN President and CEO Evangelos Mytilineos at the Global Metals, Mining…

Recovery Fund: Countdown to the submission of the revised “Greece 2.0”

Athens is proceeding with the submission of the revised Recovery Plan “Greece 2.0” after having replaced projects that will not be completed by August 2026 and integrating others in their…