This year’s tourist traffic is expected to move at the same levels as last year, with a slight upward trend, according to hotel industry estimates.
However, several areas are expressing…
According to the survey, output growth in the Greek manufacturing sector remained high in May, although supply chain disruptions weighed on the upward trend and led input costs higher.
Supply…
The economic and social footprint of Greek shipping, both in Greece and in the global community, is described in an interview with “Naftemporiki” by the President of the Union of…
Lamda Development is about to start the construction of three development projects in Elliniko, with a total initial budget of 1.552 billion euros.
This is The Ellinikon Mall (formerly Vouliagmenis…
Minerva Shipmanagement announced the renaming of the company to MyBulk Shipmanagement, entering a new era. The shipping company recently received the modern bulk carrier, kamsarmax type, Meltemi (formerly Kuno Oldendorff),…
The Greek-Egypt Joint Committee on Maritime Affairs met in Alexandria, with the participation from the Greek side of the Secretary General of Ports and Port Policy Evangelos Kyriazopoulos, Secretary General…
ONEX Shipyards, which operates the Syros and Elefsis shipyards, joined the Green Award Foundation initiative that promotes sustainable and safe shipping.
ONEX will provide incentives to certified shipping companies that…
The Posidonia international shipping exhibition will open its doors on Monday, June 3, at the Athens Metropolitan Expo exhibition center, at the “Eleftherios Venizelos” airport.
The exhibition will last until…
The new increase in turnover, the maintenance of high profitability and the further strengthening of its already significant cash reserves constitute the main points of Karelia’s performance in 2023 and…
OPAP focuses on organic growth, using the strong activity of the online channel as a springboard as well as the dynamics of its physical network.
OPAP CEO J. Karas noted…
The world economy is totally “dependent” on shipping. More than 80% of raw materials, goods and products would not exist without shipping, while the “disappearance” of shipping would lead many…
“Despite the continuous challenges it faces, most importantly the unstable geopolitical conditions prevailing in the Middle East, the Piraeus Port Authority (PPA) not only remained highly resilient to them, but…
A significant increase (10.2%) was recorded in the first quarter of 2024 in the rents of modern office spaces, according to the quarterly report of Cushman & Wakefield Proprius.
The…
LAMDA Development was included in the list with the 100 most influential companies in the world “TIME100 Most Influential Companies”.
In a statement, the company said that this confirms its…
Eight investment groups have submitted an expression of interest for the acquisition of a majority stake in Lavrio Port Authority SA, according to the Hellenic Republic Asset Development Fund (HRADF).…
Intralot focuses its future course on its renewed strategy and its international presence, the company’s management emphasized during the annual regular general meeting of its shareholders.
The company is generating…
Financing for shipping companies will become more expensive and more difficult following the implementation of Basel IV regulations to banking institutions from January 1, 2025, members of the Shipping Department…
Greek shipping company, Contships Management, has succeeded in becoming the largest independent management company of feeder type containerships, with carrying capacity from 800 to 1,500 TEUs.
The global financial crisis…
A series of deals, acquisitions and mergers is underway at the Athens Stock Exchange, helping the Greek market to improve its valuations and strengthen its position.
The agreement with the…
Energean Group CEO, Mathios Rigas, underlined the need for the European Union and the governments to take specific decisions immediately on the research and development of local deposits, in order…
Cenergy Holdings announced satisfactory growth in cables and steel pipes performance during the announcement of its financial results in the first quarter of 2024.
More specifically, the company made a…
The lack of skills that the Greek economy needs was highlighted in a recent study by EY Greece, the E-Business Research Center (ELTRUN) of the Athens University of Economics and…
Bank of Greece governor, Yannis Stournaras, has expressed concern over the consequences of a hot summer on food prices.
“Excessive temperatures puts upward pressure on food prices,” he underlined.
Speaking…
Intracom Holdings will expand to the insurance market, acquiring a majority stake in Europe Asfalistiki, for a price of 46.5 million euros. It will then proceed with its listing on…
The shipbuilding program of Diana Shipping Inc, listed on the US stock exchange, is in full progress. The company has signed a contract for two 81,200 dwt, dual-fuel methanol dry…
New business registrations reached 39,128 in all sectors of the country’s economy during the first quarter of 2024, up 14.4% compared to the first quarter of 2023, when 34,213 new…
TERNA Energy announced a 37.6% rise in revenues and a 54.3% rise in net profitability in the first quarter of 2024, following the increased installed capacity and the normalization of…
Danaos Corporation signed new multi-year charters for the containerships of its fleet by expanding, at the same time, its footprint in the market of bulk carriers.
The US-listed company added…
The government wants a robust banking system, with competition among banks, Economy and Finance Minister, Kostis Hatzidakis, said during his speech at the event for the presentation of the new…
MYTILINEOS and Keppel DC REIT have signed two long-term power purchase agreements (PPAs) to provide energy generated from two solar farms in Ireland to Keppel DC REIT’s two Dublin facilities.…
