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Friday, 21 June 2024

ESM for Greece: Reforms and prudent policy to maintain positive momentum

Despite strong growth, declining inflation and unemployment, Greece should remain committed to continued reforms and prudent fiscal policy to maintain its growth trajectory. This is the message of the European…

PPA among Greece’s most sustainable companies

Piraeus Port Authority (PPA) was included for the third consecutive year among the most sustainable companies in Greece based on the evaluation of QualityNet Foundation. PPA is distinguished for its…

Janos Boka, Hungarian Minister of EU Afairs to “N”: New dynamism to the European Union economic competitiveness

“The core priority of the Hungarian presidency will be to give new dynamism to the European Union economic competitiveness,” the Hungarian Minister of European Affairs, Janos Boka, said in an…

HEDNO: Upgrading services by digitizing its network

Faster repair of faults and optimization of service quality are the important benefits for customers from the digitization of the Medium Voltage network completed by the Hellenic Electricity Distribution Network…

Intracom Telecom undertakes AIA physical security project

Intracom Telecom undertook the project for the physical security of the Athens International Airport (AIA). The company will use the SISC2 Command Control and Operations Coordination platform to create a…

Thursday, 20 June 2024

Energean: Carlyle buys portfolio in Egypt, Italy, Croatia – Up to 945 million dollars

The company has agreed to sell its portfolio in Egypt, Italy and Croatia to Carlyle International Energy Partners for up to 945 million US dollars and no less than 820…

Profile: The 130-million-euro value, the 180% rally and the next big thing in technology

When in the early 90s, Charalambos Stasinopoulos started his career in the software industry, founding Profile, cοuld not imagine that he had a project worth 130 million euros in his…

The historic Hilton is renamed “The Ilisian” – Investment of 340 million euros by TEMES

The historic Hilton hotel is reconstructed and renamed “The Ilisian”, the president of TEMES, Achilleas Konstantakopoulos, said while presenting the new destination that is being developed in Athens. It is…

Hatzidakis: New incentives for mergers

The main goal is to create larger and more dynamic companies that can be competitive at an international level and at the same time offer more and better jobs. In…

Athens Riviera Summit 2024: New players but also obstacles in the field of hospitality

The demand for investments in the hospitality sector in Greece is increasing with new “players” entering the market, including international brands, while at the same time strong Greek chains are…

Terna Energy signs deal with Masdar

Abu Dhabi Future Energy PJSC – Masdar, a leading company in the UAE’s clean energy, announced the conclusion of a definitive agreement with GEK TERNA and other shareholders of TERNA…

Conference tourism: At least 1 billion euros in lost revenue due to lack of infrastructure

The conference tourism sector in Greece is estimated to contribute more than 2.5 billion to the national economy, an amount which in the medium term under certain conditions could reach…

Tanker prices on secondary market show signs of stabilization

Tanker prices on the secondary market have shown signs of stabilization over the last weeks, with some deals closing at lower levels. “There is the belief that the market has…

Shipping: Greece remains on the white list of the Paris MoU

The Greek flag maintains its quality characteristics and high performance, according to the results of the 2023 inspections by the Paris MoU committee of France during its 57th meeting.  …

Motor Oil distributes the highest ever dividend amounting to 1.8 euros per share

Motor Oil approved the largest ever dividend offered since its listing on the Athens Stock Exchange. Specifically, the General Meeting of Motor Oil shareholders approved the payment of a dividend…

Wednesday, 19 June 2024

Kontopoulos to «N»: Listed companies can use dispersion as an advantage

Optimism that the companies listed on the Athens Stock Exchange will take advantage of the new regulations of the Stock Exchange, in order to increase their marketability was expressed by…

Post-program surveillance: Greek debt sustainable

In fact, the report made reference to the plan to use part of the so-called “hard cushion” amounting to 15.7 billion euros for the early repayment of installments from the…

Greece’s purchasing power remains low

The purchasing power of salaries in Greece remains at a very low level compared to the rest of the EU countries, which have implemented a similar system for determining basic…

Lamda Development: METKA undertakes the construction of the Riviera Galleria in Elliniko

LAMDA Development announced that its 100% subsidiary company LAMDA RIVIERA SMSA has completed the process for awarding the construction of Riviera Galleria to the construction company METKA, a 100% subsidiary…

Ambassador Tsunis: The US has rediscovered Greece

The US has rediscovered Greece, US Ambassador George Tsunis said during his speech at the Athens Riviera Forum 2024, adding that the dynamic revival of Greece’s market brings investments by…

Greek-owned ship attacked by Yemen’s Houthi rebels sinks in Red Sea

The Greek-owned Liberian-flagged ship Tutor, which was hit last week by two Houthi attacks, sank in the Red Sea of Yemen, the United Kingdom Maritime Trade Operations (UKMTO) announced. The…

Eight companies of the Superfund to be modernized based on PPC model 

Eight companies of the Superfund to be modernized based on PPC model The government is planning to modernize eight companies of the Superfund based on the model of PPC. More…

PPA: Higher profits despite the Red Sea crisis

Turbulence in the handling of containers at the port of Piraeus continued in May due to a reduction in transit but not in domestic cargo, which remained at satisfactory levels,…

OSE: Swiss interest in the Peloponnese network

The prospect of a gradual reactivation of the historic metric gauge railway network of the Peloponnese, which is the longest such network in Europe, dominated a meeting between OSE president…

Tuesday, 18 June 2024

Piraeus Bank and Dimand to cooperate in the real estate sector

According to sources, it concerns the creation of the new Piraeus Bank offices in the center of Athens as well as the utilization of a significant area in Lavrio. During…

IPTO: Net profit up 25.1% to 36.9 million euros

The Independent Power Transmission Operator (IPTO) announced first quarter results significantly higher than the corresponding period last year. Based on the financial results announced by the group, total revenues reached…

Hellenic Train – OSE: Meeting aimed at developing a modern and safe railway network

The first meeting of the new administrations of Hellenic Train and the Hellenic Railways Organization took place, aiming at the smooth operation of the railway. Given that both sides are…

PPA: Two-day workshop for the preparation of the tugboats’ regulation

An interactive workshop for the study and preparation of the regulation for tugboats, after the issuance of the relevant presidential decree, was held by the Piraeus Port Authority (PPA). In…

OTE Group in “The 50 Most Sustainable Companies in Greece” for the 7th consecutive year

OTE Group has been included in the list “The 50 Most Sustainable Companies in Greece”, recently published by the Quality Net Foundation, since the launch of the Sustainable Development Index…

Vartholomeos to “Naftemporiki”: Pancreta Bank expanding into shipping finance

Pancreta Bank’s dynamic entry into shipping is an important pillar of our strategic planning, its CEO, Antonis Vartholomeos, said in an interview with “Naftemporiki” and Michalis Psilos. “From the first…