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Tuesday, 28 May 2024

Noval Property enters the final stretch for listing on the Athens Stock Exchange 

Noval Property (Viohalco group) enters the final stretch for listing on the Athens Stock Exchange, consolidating its real estate portfolio and its further development with investments of 340 million euros…

OTE: Discussions with a new prospective buyer in Romania

The management of OTE continues its attempt to sell its 100% subsidiary in Romania, Telekom Romania Mobile (TKRM), having contacts with a new buyer. This is West Network Invest S.R.L.,…

H.I.G.: Investments of 600 million in logistics and hotels – Considering acquisitions in Spain, Italy

Investments with a total value of 600 million euros are underway at H.I.G. Capital Advisors in logistics and hotels with Inventio, which manages them, while at the same time considering…

Posidonia 2024: Dynamic return of the country’s major shipyards

In June 2010, the Skaramagas Shipyards, the Elefsis Shipyards and the Syros Shipyards had a joint presence at the world’s largest shipping exhibition Posidonia. The crisis in shipping and Greece’s…

GNTO and Wego bring travelers from the Middle East closer to Greece

Wego, the number one travel application and platform in the Middle East and North Africa, has announced a new partnership with the Greek National Tourism Organisation (GNTO), aiming to promote…

Monday, 27 May 2024

Mytilineos proceeds with dual listing on the London Stock Exchange

Mytilineos Group is planning a dual listing on the London Stock Exchange and will invest 3.3 billion euros over the next four years in Renewable Energy projects in Italy, the…

Airports: 12.2% increase in passenger traffic in the first quarter

Passenger traffic rose 12.2% and aircraft traffic 6.4% at all Greek airports in the first four months of 2024, according to data from the Civil Aviation Authority (CAA). More specifically,…

Mytilineos condemns EU policies affecting sustainabilit

Mytilineos’ CEO, Evangelos Mytilineos, condemned European policies affecting the sustainability of the industry, speaking at the 14th State of the Union 2024 Conference organized by the European University Institute in…

Grecian Magnesite: World leader in the magnesia market

The company Grecian Magnesite focuses on the market of industrial minerals, specializing in magnesia. In particular, the company ranks among the leading magnesite producers in the world, with a staff…

130 cruise ships in our seas

The wider Mediterranean region is a safe cruise destination, with Greece included as one of the most important destinations throughout the year, due to its climate. Despite the fact that…

Athens Stock market: A step back before the next surge?

Volatility is the main characteristic of the Athens Stock Exchange, as the recent climb of the General Index to 1,500 points, combined with the “cloudy” prospects surrounding the timetable for…

‘Green’ tariffs to move higher in June

The prices of “green” tariffs are expected to move to significantly higher levels in June compared to May, following the increases in electricity wholesale prices. The indications so far in…

Hardalias in Shanghai for ITB China – Meeting with Juneyao Airways

Aiming at attracting a wider share of the Chinese tourist market to Attica, the regional governor, Nikos Hardalias, is visiting Shanghai, within the framework of the international exhibition ITB China…

Opening of approximately 55,000 new jobs in the construction sector

Around 55,000 new jobs are expected to be created in the construction sector amid the prospect of strong growth in domestic construction activity in the coming years, Deputy Minister of…

Motor Oil’s rally to an all-time high

Motor Oil has surged to an all-time high, with its core business exceeding 3 billion euros for the first time in its history. More specifically, the Group’s share price has…

Friday, 24 May 2024

Development Ministry imposes fines on 3 servicers and debt collection firms

Greece’s Development Ministry imposed administrative fines of a total amount of 305,000 euros on servicers and debt collection companies for violation of the relevant legislation. More specifically: – A fine…

New technologies and soft skills for the decarbonization of shipping

Promoting the importance of safety regarding shipping decarbonization requires the cultivation and development of soft skills as well as the continuous training and retraining of workers in new technologies. This…

Laboratory doctors abstain from their work demanding the abolition of clawback

Laboratory doctors continue to abstain from their jobs for the third week, demanding the abolition of clawback. The future of their mobilization will be decided at the nationwide teleconference to…

Quest: Positive outlook for 2024

The management of the Quest group gave a positive outlook for the entire year of 2024, speaking of a slight increase in sales and profitability at the same level or…

Aegean: Turnover up 17% in Q1 2024 – EBITDA at 33.2 million

Following the strong momentum of 2023, Aegean continued its growth course with a further increase in capacity in the winter months as well. According to a related announcement, the Group…

Athens Stock Exchange: Seven high-profile placements

Seven high-profile placements, with a total value of 3.1 billion euros, have taken place on the Athens Stock Exchange, proving in practice the high attractiveness of domestic assets. The recent…

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…