Motor Oil and Ellaktor confirmed the due diligence procedure on Ellaktor’s subsidiary, Elektor, following a related report in “Naftemporiki.”
According to “Naftemporiki”, Ellaktor is reportedly closer to an agreement for…
Greece’s tourism sector is in full swing ahead of the Orthodox Easter and the summer holidays.
After the record 2023 summer, with tourism receipts over 20.5 billion euros and tourist…
However, as competent sources underlined to “Naftemporiki”, this extension is not expected to be combined with an increase in the transaction limit through IRIS which amounts to 500 euros.
The…
Mytilineos is one of the most important businesses in Greece and in Europe while its Chairman and CEO, Evangelos Mytilineos, has also been elected President of Eurometaux, the European association…
The secondary market of bulk carriers has shown strong activity over the last weeks, with Greek shipowners playing a key role in the largest deals.
More specifically, the fleet of…
The mega-forces of the international economy, from digitization to geo-economic fragmentation, are expected to influence the performance of the retail trade sector by accelerating its transformation, as highlighted at the…
Ellaktor is closer to an agreement for the sale of its environmental subsidiary, Elektor, to Motor Oil. According to sources, a due diligence process is currently underway with the prospect…
A Memorandum of Understanding (MoU) was signed between the Hellenic Ports Association and the Association of Passenger Shipping Companies (SEEN).
The two bodies agreed to have joint action to deal…
In 2023, Greece followed an opposite course in relation to the European average and most European countries in terms of real estate prices, while this difference is expected to continue…
Greece may have been declared “economy of the year” in 2023 by Economist and is expected to show the greatest improvement in business facilitation over the next 5 years, but…
JTGroup will seal the strategic investment of JTI (Japan Tobacco International) in Greece with the upcoming visit of its president, Mutsuo Iwai, in the spring of 2024 in the framework…
Special emphasis will be placed on the importance of infrastructure during this year’s forum.
Speakers will elaborate on developments that are turning the Balkans and the Eastern Mediterranean into a…
More specifically, Navios exercised the option to purchase Navios Amber (built 2015), Navios Coral (built 2016), Navios Citrine and Navios Dolphin (both built 2017).
At the same time, Navios Partners…
Motor Oil announced 806 million euro net profit in 2023, down from 968 million in 2022.
Turnover stood at 13.3 billion euros compared to 16.6 billion euros in 2022 (-20%)…
The Waste, Energy and Water Regulatory Authority announced the launch of the new Electricity and Natural Gas Price Comparison Tool on the website www.energycost.gr.
Consumers can now easily compare all…
Passenger traffic at the Athens International Airport (AIA) rose 20.1% in March 2024, compared to March 2023.
More specifically the total number of passengers reached 2 million.
According to the…
Attica Group announced positive results both in Greek shipping and international shipping in 2023, the first results following the consolidation with ANEK.
The Group’s consolidated turnover up 11% in 2023…
The tobacco industry BAT Hellas is strengthening its presence in Greece based on cutting-edge science and technology, contributing substantially to the Greek economy and society.
In this context, the company…
Following the incorporation of the European Directive, the application for the submission of cross-border payment data CESOP (Central Electronic System of Payments Information) by payment service providers is now available.…
The main challenges faced by businesses on the road to growth dominated the discussion between Markos Veremis, Partner of Big Pi Ventures and Member of the Board of Directors of…
Aktor will seek to expand its footprint in Romania by taking advantage of new market opportunities that will arise in the future, such as PPPs and concessions, Aktor’s president and…
The Independent Public Revenue Authority (AADE) is about to initiate inspections on businesses with an annual turnover of more than 1 million euros, which have not proceeded to the interconnection…
Alpha Bank, Eurobank and National Bank have signed loan agreements with the energy groups RWE and PPC for the construction of four photovoltaic projects, with a total capacity of 730…
Mytilineos, in consortium with Siemens Energy Global GmbH & Co. KG and Siemens Energy sp. z o.o., has undertaken the construction of a 560 MW CCGT power unit with associated…
As the ministry stated in its announcement, violations of the relevant provisions were found in products of 13 different companies after inspections carried out by the competent authorities.
More specifically,…
Principia is the name of the new renewable energy company, which was founded by its shareholders, Enel SpA and Macquarie Asset Management, and has been active since 2008 as part…
EcoLog, owned by Peter Livanos, made another step forward as part of its strategy to develop a value chain for the exploitation of liquefied “green” CO2.
The company, which is…
Alternate Minister of National Economy and Finance responsible for the Recovery and Resilience Fund, Nikos Papathanasis, and Attica Bank signed the agreement for the utilization of the funds of the…
More than 1,000 personalities from 70 countries – leaders from all over the world, ministers, senior officials of the European Union and international organizations, distinguished businessmen, important representatives of the…
The shares of the 6+1 construction companies of the Athens Stock Exchange continued with significant returns in the second quarter of 2024, taking advantage of the positive pace of the…
