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Friday, 24 May 2024

Manousakis (IPTO): Amendment of the regulatory decision to proceed with the electrical interconnection of Greece – Cyprus – Israel 

Τhe need to amend the regulatory framework in order for the Greece-Cyprus-Israel electrical interconnection project to proceed smoothly, was underlined by the chairman and CEO of the Independent Power Transmission…

Dorian LPG announces a jump in revenues and profits

Dorian LPG announced a jump in revenues and profits in the first quarter of 2024, but also at the level of the financial year ended on 31/3/2024. The average charter…

Psaltis (Alpha Bank) urges businessmen to make good use of RRF’s tools to boost tourism

An Alpha Bank delegation, led by the Group’s managing director Vassilis Psaltis, met with businessmen on the island of Santorini, who are operating in the sectors of tourism, restaurants and…

Long-term stagflation to continue affecting consumer trends

Consumer trends and the food industry will continue to be affected by “long-term” stagflation. For both industry and consumers, high prices define their budgets. The signs for the future are…

Thursday, 23 May 2024

Travlou for Posidonia: Opportunity to strengthen cooperation in the maritime ecosystem

The Posidonia exhibition is an excellent opportunity to strengthen the cooperation between all members of the maritime ecosystem which is in a new, transitional era, the president of the Union…

Energean: Sixth natural gas field discovery in the Eastern Mediterranean (Egypt)

Energean announced its sixth natural gas field discovery in the Eastern Mediterranean, on the London and Tel Aviv stock exchanges. According to the preliminary analysis, gas-initially-in-place (“GIIP”) volumes are expected…

IPTO Innovation Hub is in operation

The development of technological solutions and synergies for a more resilient, reliable and sustainable electricity transmission system that will cover the whole range of modern challenges faced by the Independent…

Noval Property’s listing on the ASE is in the final stretch

The public offering of Noval Property (subsidiary of the Viohalco Group) shares will take place from May 29 to May 31,  while the binding price range will be announced on…

Port of Piraeus: The dredging project advances

The “green light” for the continuation of dredging operations in the port of Piraeus, for reasons of safe navigation, was given by the Council of State, while at the same…

Travel receipts jump to 372.3 million euros in March

Greek tourism registered a spectacular rise both in terms of travel receipts and in terms of arrivals and laid the foundations for a strong season in the tourism industry. According…

StealthGas: Profitability hits all-time high in Q1 2024

StealthGas achieved record profitability in the first quarter of this year, boosted by the positive climate prevailing in the market of LPG carriers. As the CEO of the listed company…

Motor Oil: Offer for the acquisition of Helector at 114.7 million euros

MOTOR OIL announced that it has initiated negotiations with the company ELLAKTOR S.A. for the acquisition either directly or through a subsidiary of all the shares that ELLAKTOR S.A. holds…

Attractive new deals for containerships

European liner companies have lately expressed strong interest in free charter containerships, with Greek shipowners receiving significant premiums for modern ships. “Charterers appear bewildered by ever-increasing spot rates, while shipowners…

PPC: Ambitious goals on the way to the energy transition

The “green” sign in the energy mix of PPC was highlighted, among others, by the President and CEO of PPC, (and vice-president of Eurelectric) George Stassis, speaking at an introductory…

Wednesday, 22 May 2024

Joint actions for the sustainable operation of Greece-Cyprus maritine connection

Issues of mutual interest concerning the long-term competitiveness of European shipping, maritime education, as well as the current geopolitical developments affecting global shipping dominated the meeting between Minister of Maritime…

Pro Credit Bank: Ηalf a billion euro loans to Greek SMEs from 2015 until today

German development bank Pro Credit Bank has granted Greece loans totaling half a billion euros, since it launched operations in our country in 2015 until today, with 99% of its…

Mitsotakis underlines PPC’s success story; Greece to play leading role in energy transition

PPC was on the brink of bankruptcy in 2019 and has now become a regional energy “player”, Prime Minister Kyriakos Mitsotakis said at the Eurelectric conference “Lights On” held in…

Optima Bank aims at a credit expansion of 700 million euros in 2024

Optima Bank will present a credit expansion of 700 million euros in 2024, according to Dimitris Kyparissis, CEO of the bank. During the presentation of the results to the analysts,…

Pitsilis to the OECD: Digitization at the service of citizens and the public interest

The digital and organizational transformation of tax administrations is the topic of the annual OECD forum that will be organized this year, for the first time, in Greece. The Governor…

Mytilineos proceeds with the placement of 4.5 million shares

Mytilineos is proceeding with the placement of 4.5 million shares corresponding to 3.2% of the share capital. The placement is conducted by Citi. According to sources, the share package will…

DFC interested in participating in Greece – Cyprus – Israel electrical interconnection

The US state fund DFC expressed its interest in participating in the electrical interconnection Greece – Cyprus – Israel Great Sea Interconnector, through a letter of intent, which it addressed…

Small ships using wind propulsion on the rise

The number of small ships sailing using wind as the main source of energy or wind-assisted propulsion is gradually increasing. In recent months there has been a further increase in…

Intrakat: Sustainable development a fundamental value and pillar of our strategy

Intrakat’s strong commitment to implementing sustainable practices across its entire range of activities is highlighted in the 2023 Sustainability Report, which was prepared in accordance with the Global Reporting Initiative…

Banks: What scares 7 out of 10 Chief Risk Officers

73% of bank CROs worldwide see cyber security as the top risk for the next 12 months, according to EY and the Institute of International Finance’s (IIF) 13th annual Global…

Tuesday, 21 May 2024

PPC builds data centers and provides Artificial Intelligence services

PPC does not stop at the creation of an optical fiber network (FTTH) as far as its activity in Information and Communication Technologies (ICT) is concerned. In a conference call…

Supermarkets: How much do Greeks pay for the average basket compared to other Europeans

The prices of the typical household basket are lower in Greek supermarkets compared to France, England, Italy, Spain, Portugal, Germany, Romania, according to a price comparison survey in Greece with…

The port of Kavala is developing dynamically

The ratification by the Parliament of the sub-concession contract for the utilization of the “Philippos II” port to a private investor will enhance the development dynamics of the commercial port…

Noval Property aims to raise 52 million euros from its listing on the Athens stock exchange

Noval Property (subsidiary of the Viohalco Group) aims to raise a total of 52 million euros by listing its shares on the Athens Stock Exchange, a process which will take…

Shipping: Losses continue in the handling of containers

The ongoing crisis in the Red Sea is causing upheavals in the handling of containers at the port of Piraeus. In April, Europe’s fourth port in terms of containership arrivals…

“Naftemporiki” receives three important awards

“Naftemporiki” received three important distinctions at the 38th Awards of the Botsis Foundation’s Journalism Awards, which took place at the Zappeion Μansion, in the presence of the President of the…