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Wednesday, 19 June 2024

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…

IPTO signs MoU with Meridiam

The entry of Meridiam into the share capital of the Great Sea Interconnector, which is responsible for the implementation of the Greece-Cyprus-Israel electrical interconnection project, is the subject of the…

3PL & Logistics : Greece at the center of Logistics

Third-Party Logistics (3PL) and the development of Logistics in general have emerged as key factors for the business world. As the global market develops, Greece is called upon to exploit…

Aegean among the 10 most attractive employers in Greece for 2024

Aegean is among the 10 most attractive employers in Greece for 2024, providing opportunities for employment and continuous professional development in air transport, one of the most dynamic sectors in…

Lamda Development sells 2% to Greek shipowner George Prokopiou

Lamda Development announced the sale of 2% of its own shares to a company owned by Greek shipowner George Prokopiou. According to an announcement by Lamda Development, this sale is…

Monday, 17 June 2024

Schinas to «Naftemporiki»: Ursula von der Leyen, Antonio Costa, Kaja Callas in the three EU leadership positions

Ursula von der Leyen will remain in the Presidency of the European Commission for another five years, the vice-president of the European Commission, Margaritis Schinas, estimated in an interview with…

Samsung Electronics aims for leading market share in Greece’s household appliances

Samsung Electronics is aiming for a leading market share in the household appliances category in Greece, while introducing the end consumer to the world of artificial intelligence as a technology…

Trade Estate aims at a real estate portfolio of 1 billion euros

Today the value of its real estate portfolio amounts to 484 million euros. The aim is to reach 1 billion euros, the chairman of Trade Estate and Fourlis Participations, Vassilios…

Electricity bills: 7 out of 10 consumers choose the yellow tariffs

Greek consumers prefer the cheaper “yellow” ex post floating energy tariffs over the “green” ones, according to market sources who spoke to “Naftemporiki”. They explained that the yellow ex-post tariffs…

Shipping: Ammonia use triggers new investment

The use of ammonia as an alternative fuel to reduce gas emissions on ships is constantly gaining ground in the shipping market, while at the same time Greek shipowners have…

Positive and negative economic developments

Greece’s economy grew by 2.1% in the first quarter of the year, with positive prospects for the second quarter of the year as well. However, a big “thorn” remains the…

Public utilities’ modernization based on PPC model

The bill of the Ministry of National Economy and Finance for the modernization of public utilities supervised by the Superfund is expected to be put to consultation next week. According…

The implementation of Greece-Cyprus-Israel electrical interconnection advances

Τhe Independent Power Transmission Operator (IPTO) informed about the developments regarding the implementation of the Greece-Cyprus-Israel electrical interconnection, noting that the project will definitively and sustainably remove the energy isolation…

Porto Carras Estate: Investments of over 4 million euros in the winery

The Porto Carras Estate sets sail to return to the “golden era” of the 1990s through a large investment program, which exceeds 4 million euros until 2025. At the same…

JTI seeks to represent Japanese values ​​in Greece in the best possible way

JTI’s position as a global player in the tobacco industry with strong business results, innovation and a distinctive work culture was highlighted by Eddy Pirard, President & CEO of JTI,…

Saturday, 15 June 2024

Interview of Hedwige Nuyens (European Women on Boards) to Naftemporiki

“Only 26% of the members of the boards of the largest listed companies in Greece are women”, emphasized Hedwige Nuyens, chair of the organization European Women on Boards (EWoB), speaking…

Friday, 14 June 2024

Viva will implement its development strategy in Europe and America

“VIVA will implement its growth strategy, strengthening its position as a leading tech-bank in the field of payments for merchants, not only in Europe, but also in the US, achieving…

30% of property buyers in Ellinikon are foreign nationals

Strong interest has been expressed from foreign nationals in purchasing a residence in Ellinikon, according to the management of Lamda Development. Regarding the beachfront residences, they were mainly purchased by…

Moody’s upgrades Eurobank thanks to its operations abroad

Moody’s upgraded Eurobank’s rating by two notches to Baa2 from Ba1. As a result, the bank’s Senior Preferred issues are now rated Baa2, i.e. one notch above investment grade. The…