English

Wednesday, 05 June 2024

GEK Terna: Strategic partnership with Microsoft for digital transition and innovation

GEK Terna signed a Memorandum of Strategic Cooperation with Microsoft, ensuring a framework of actions aimed at accelerating the digital transition and achieving the Group’s sustainable innovation and development goals.…

Hellenic Environmental Center signs memorandum of cooperation with SIRC

The Hellenic Environmental Center SA (HEC) signed a Memorandum of Cooperation with the Saudi Investment Recycling Company (SIRC), which is wholly owned by the Public Investment Fund of Saudi Arabia.…

Mitsotakis’ article to ‘Naftemporiki’: Steadily, closer to Europe with focus on investments

Five years since the 2019 European elections, but also five years since the first election of New Democracy in the government, we are called upon to vote again on June…

PPA: Dynamic presence in Posidonia 2024

The Piraeus Port Authority (PPA) stands out for another year at the top international shipping exhibition Posidonia 2024. The company’s stand attracts a large number of visitors from Greece and…

IPTO: Greece-Cyprus electrical interconnection reduces the cost of electricity for Cypriots by 30%

The operation of the electrical interconnection Greece-Cyprus “Great Sea Interconnector” in 2030 will bring savings of at least 30% on the electricity bills of Cypriot consumers, according to the updated…

Petalas to Naftemporiki TV: Inflation to de-escalate

“We are optimistic because we believe that this de-escalation in both food and inflation as a whole will continue next month,” the general manager of the Union of Greek Supermarkets,…

Mytilineos renamed Metlen Energy & Metals; strong “imprint” at a national and international level

A new era begins for the Mytilineos Group as the shareholders’ general meeting approved the new company name. The new name ‘Metlen Energy & Metals’ reflects, as the CEO of…

Tuesday, 04 June 2024

New digital application ‘niologio.gov.gr’ to streamline registration and nationality documentation process

The new digital application, “niologio.gov.gr“, designed to streamline the registration and nationality documentation process for Greek deep-sea vessels was unveiled during the opening of “Posidonia 2024” maritime exhibition. Maritime Affairs…

IOBE: Economic sentiment rises, consumer confidence slightly falls

Greece’s economic sentiment index rose to 111 points in May from 108.8 points in April, according to the survey of the Economic and Industrial Research Foundation (IOBE), adding that the…

Greece’s gambling market moved upwards in Q1

According to the data of the Hellenic Gaming Commission, the turnover of TGR in legal gambling (OPAP, lotteries, racecourse, Internet, casino) during the months of January, February, March 2024 moved…

Posidonia 2024: Strategic autonomy of the EU through Greek shipping

“Posidonia 2024” opened its gates on Monday at the Metropolitan Expo. The largest international maritime exhibition is expected to last until Friday, June 7. Announcing the opening of the exhibition,…

IBIA hosts reception preceding Posidonia

The International Bunker Industry Association hosted a distinguished reception in Athens, Greece, on Sunday, 2 June, at the Official Residence of the South African Embassy. This event provided a remarkable…

Eurobank: Takeover bid to the shareholders of Hellenic Bank

Eurobank announced the increase of its holding in Hellenic Bank to 55.3% and the submission of a takeover bid to the shareholders of Hellenic Bank. Following the receipt of the…

Howden committed to continuing its investments in Greek shipping

Howden, an insurance and reinsurance brokerage company in Greece, is committed to continuing its investments in Greek shipping, with “high quality insurance services and solutions that meet the needs of…

Shipping: The Greek-owned fleet ranks first

Greek shipping ranks first in the world and is mainly focused on bulk/tramp shipping. However, it has a significant presence in all shipping sectors. Greek shipowners control over 20% of…

Greece and France sign declaration of intent for cooperation in the maritime sector

A declaration of intent for cooperation in the maritime sector was signed by the Minister of Maritime Affairs and Insular Policy Christos Stylianides, the Minister of Environment and Energy, Theodoros…

Mitsotakis pledges to support Greek shipping

Prime Minister Kyriakos Mitsotakis sent a message of support to Greek shipping while addressing the opening ceremony of the “Posidonia 2024” exhibition, while he reiterated the country’s commitment to the…

Monday, 03 June 2024

mAiGreece: The new digital tourist assistant is ready-Information in 31 languages

The application, implemented with the support of the Ministry of Digital Governance, works as a digital travel assistant and uses artificial intelligence technology, providing the user with an interface that…

Tourist traffic is expected to move almost at same levels as last year

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…

Greek manufacturing sector shows improvement; problems remain in supply chains

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…

Travlou to «Naftemporiki»: Greek shipowners are leading the way in green transition

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…

Ellinikon Mall, Riviera Gallery and Mixed Use Tower underway

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…

New Greek agreements for bulk carriers

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),…

Strengthening of maritime cooperation between Athens and Cairo

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 Group joins the Green Award Foundation initiative 

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…

Nasdaq salutes Posidonia 2024 which opens its doors on Monday

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…

Karelia Tobacco plans investments of 10.4 million euros in 2024

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…

Friday, 31 May 2024

OPAP: Organic growth driven by the online channel and physical network

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…

What would happen to the planet if shipping was halted?

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…

PPA: Higher revenue and improved performance in the first quarter of 2024

“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…