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Friday, 13 September 2024

Titan Group: Financial Framework linked to a Sustainability Clause

TITAN Group announced the creation of a Sustainability-Linked Financing Framework, in alignment with its goals for reducing greenhouse gas emissions, which have been validated by the Science Based Targets initiative…

Thursday, 12 September 2024

88th TIF lays the foundations for the development of new Greek-German collaborations and investments

Energy-RES-Hydrogen, shipping-ports, thermal tourism, industrial products for smart buildings, are some of the sectors in which the 88th TIF, with Germany as the Honored Country, lays the foundations for the…

Water shortage cost amounts to 5.9 billion

An investment gap that can reach as much as 5 billion euros has been recorded in the upgrade of water supply networks, especially if the lack of rain continues as…

Energy prices: “Made in Greece” letter to Brussels from Greece – Bulgaria – Romania

Greece, Bulgaria and Romania’s Energy Minister decided to send a joint letter to the European Commission in order to ensure a more immediate reaction in periods of sharp rise in…

Στην Πολωνία ο Μπλίνκεν: Στο επίκεντρο το ουκρανικό

Ο υπουργός Εξωτερικών των ΗΠΑ Άντονι Μπλίνκεν θα συναντηθεί με την πολωνική ηγεσία αυτή την Πέμπτη 12 Σεπτεμβρίου για να βρουν κοινούς στόχους για τον πόλεμο στην Ουκρανία, σε μια…

Data Center Campus: Investment of 300 million by French Data4 in Paiania

French company Data4 has announced the creation of a new data center campus in Attiki (Paiania region), an investment of 300 million euros. It is part of its total expansion…

Attica Group: Turnover up 29.9% in H1

Attica Group’s turnover shows an increase in both geographical areas of activity (Greek shipping and international shipping) in the first half of 2024. More specifically, consolidated turnover rose 29.9%, reaching…

Greek shipowners renewing their fleets

Leading Greek shipping companies renew their fleet by selling their oldest ships. Costamare of Kostis Konstantakopoulos, Star Bulk of Petros Pappas, Maran Dry of the Maria Angelikoussis group, but also…

CLIA: Any cruise fee increase to meet the targets 

Cruises are a success story for Greece, having contributed 1.4 billion euros to the Greek economy by 2022, the Cruise Lines International Association (CLIA) said, adding that it has made…

Mytilineos: The impact of Draghi’s proposals on European industry is positive

Evangelos Mytilineos, managing director of Metlen Energy & Metals and president of Eurometaux, sees the impact of Draghi’s proposals on European industry as positive. In his post on social networks…

INTRALOT signs contract extension with Lotterywest in Western Australia

INTRALOT S.A. announced that its subsidiary INTRALOT Australia has signed an extension of its contract with Lotterywest, the state lottery in Western Australia, for an additional two years and with…

Aegean: Turnover up 10% in H1 – Higher EBITDA

AEGEAN announced that it continued to grow, offering 5.4 million seats, 9% more than in 2023, with passenger traffic up 8%. Growth was balanced between the international network with 2.6…

Wednesday, 11 September 2024

US Ambassador Tsunis to “N”: The United States invest in Greece’s success

The United States invest in Greece’s success, US Ambassador to Greece George Tsunis said in an interview with “Naftemporiki” and Michalis Psilos, adding that he’s proud of the work the…

Trastor: The business plan for expansion in Cyprus

Trastor AEEAP will enter the Cyprus market following the acquisition of an emblematic mixed-use property, under the name Labs Tower, valued at 39 million, with the prospect of further strengthening…

Shipping: Rally in shipyards

A series of new shipbuildings has been recorded lately following the summer slow period. According to Lloyd’s data, a total of 123 orders, with a total value of more than…

Manousakis (IPTO): Studies on electrical interconnection with Saudi Arabia

The critical role of international interconnections for the energy transition of Greece and Europe were highlighted at the 2nd European Regional Dialogue on the Middle East and North Africa (MEFED…

Apartment prices continue their rally – 9.2% jump in Q2 2024

The annual rate of change in apartment prices in the second quarter of 2024 stood at 9.2%, according to the Bank of Greece (BoG). According to the figures of the…

Fourlis: Profits soar in H1; consolidated sales up 4.2%

Fourlis Group recorded sales growth from all activities in the first half of 2024, with consolidated sales showing an increase of 4.2% to 257.0 million euros and sales from retail…

ESG: “Sustainability”, an issue that concerns us all

The businesses’ respect for the natural environment where they develop, but also the demonstration of social sensitivity and cooperation with citizens for the creation of a sustainable policy, which will…

Enaon EDA: Optimistic over natural gas penetration in Greece

The leadership of Enaon EDA maintains its optimism regarding the prospects for the penetration of natural gas in Greek territory, pointing out that the fuel ensures more competitive energy costs…

Improving island infrastructure with revenue from cruises

The government seeks to increase revenue from cruise tourism, in order to use it for basic island infrastructure, especially in popular destinations such as Santorini and Mykonos. “The goal is…

Fraport Greece: New increase in passenger traffic in 2024 – Robotic services to be launched

Fraport Greece expects a further increase in passenger traffic this year at the 14 airports it manages in Greece, at the level of 36 million passengers compared to 33.9 million…

Tuesday, 10 September 2024

“Sounion”: Greek operation for its rescue

A Greek solution is being sought to the deadlock over the tanker “Sounion” in the Red Sea. The towing of the Greek-owned tanker, which carries 150,000 tons of Iraqi crude…

Clothing: Small increase in retail sales in H1 – Exports continue to drop

A small increase in retail sales of clothing in the domestic market was recorded in the first half of 2024, while exports, on the other hand, continued their downward trend…

Employment: Improved outlook for Q4 – The most competitive industries

Greece’s employment prospects seem to have improved in the fourth quarter of 2024, the latest ManpowerGroup Hiring Outlook Survey showed. According to the survey, in which 524 Greek employers participated,…

Dimitriadis to “N”: The Superfund is evolving into a Public Investment Fund

The Superfund is evolving, changing and becoming a Public Investment Fund just like it is abroad, the CEO of the Superfund, Grigoris Dimitriadis, said speaking on “Naftemporiki TV”. He added…

Travlos: We will work with our European partners to secure shipping and Europe’s interests

The Hellenic Shipowners’ Association welcomes Mario Draghi’s report “The Future of the Competitiveness of the European Union”, published οn Tuesday, which recognizes the strategic role of shipping in defending European…

OTE sells Otesat – Maritel to Orbyt Global

OTE Group proceeded with the sale of its maritime communications subsidiary, Otesat – Maritel, to the related company, Orbyt Global. As the transaction, which was completed on Monday, is small…

Hatzigeorgiou το “N”: IMO has not yet found the desired alternative fuel

The inability of the International Maritime Organization (IMO) to determine a desirable fuel for shipping, in order to make the transition to the “green” era smoothly, is highlighted by the…

The 10 assets of the Athens stock market

High yields, attractive shares, strong profitability, generous dividends. These are some of the assets that the Athens Stock Exchange now offers, in an effort to attract new investors, to upgrade…