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Thursday, 04 April 2024

Attica Bank: Loans to businesses from the Recovery Fund

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…

9th Delphi Economic Forum: 1,000 speakers from 70 countries

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…

Athens Stock Exchange: Construction sector value close to 9 billion euros

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…

AEGEAN: Passenger traffic up 11% in first quarter of 2024

AEGEAN recorded significantly positive numbers in passenger traffic, in the first quarter of the year, along with an equivalent growth of 11% in both domestic and international networks. During the…

Wednesday, 03 April 2024

Titan Group plans green investment of 500 million euros

Titan’s investment, under the name “IFESTOS”, amounting to  500 million euros, in its factory in Kamari, Boeotia, is in progress. Upon its completion, the aforementioned industrial facility in 2030 will…

Spectacular increase in modern tankers deals

Modern tankers are in high demand in the shipping market, as evidenced by the spectacular increase in construction during the first quarter, as well as the massive interest in vessels…

Kefalogianni: The direct Shanghai-Athens air connection is an important milestone for Greece and China ties

The launch of direct flights between Shanghai and Athens constitutes a milestone as well as a strong incentive for enhancing travel flow from both sides, Tourism Minister, Olga Kefalogianni, said…

Intralot: New international contracts until the end of May 2024

More specifically, the company is bidding for important projects in ongoing tenders until May 2024, with an emphasis on the gaming markets of the USA, Brazil and Australia and Canada.…

Intralot: New international contracts until the end of May 2024

Intralot is going through a period of intense business activity with participation in major international tenders and new contracts. More specifically, the company is bidding for important projects in ongoing…

Mitsotakis in meeting with IFPMA: Placing special emphasis on innovation

Prime Minister Kyriakos Mitsotakis placed special emphasis on innovation, during his meeting with the heads of companies and associations of the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA), at…

Dimand: Return to profitability in 2023; positive outlook

Dimand achieved a return to profitability as well as a 64% increase in the fair value of the Group’s investment properties and investments in joint ventures in 2023. The total…

Golden Visa: The purchase of properties under the old rules until August 30

Citizens of third countries can purchase a property and obtain a Golden Visa based on the “old” rules until August 30. However, a transitional period is foreseen so that the…

Perdikaris (TERNA): All our projects are focused on social welfare

“The renaissance of the construction industry is inextricably linked to the prosperity of our country,” Giorgos Perdikaris, president of TERNA, said summarizing the importance of the existence of a growing…

Exarchou (Intrakat): Potential loss of RRF funds without major project reforms

Intrakat Group’s vice-president of the Board of Directors and managing director Alexandros Exarchou warned against the possibility of the loss of resources of the Recovery and Resilience Fund (RRF) if…

Juneyao Air launches direct flight between Shanghai and Athens

“Let me express my gratitude to the government services of China and Greece, our partners and customers for their support,” said Wang Junjin, president of Juneyao Air. He added, “with…

Tuesday, 02 April 2024

Grant Thornton: Less than half of Greek businesses have a clear digital transformation strategy

Under 50% of businesses in Greece currently have a clear digital transformation strategy. At the same time, only 3 out of 10 plan to invest more than 150,000 euros in…

Titan Group: Investment of 26 million euros in the factory in Kamari, Boeotia

Titan Group held on Tuesday the inauguration of the 26-million-euro investment in the cement factory in Kamari, Boeotia, in the presence of members of the government. The investment concerned the…

Mytilineos-Karatzis sign “green” PPA of 210MW

MYTILINEOS Energy & Metals and KARATZIS SA signed a 210MW long-term Power Purchase Agreement (PPA) for the green energy produced from a 262 MW solar portfolio. Under the PPA signed,…

Growthfund announces record revenue and profit in 2023

The Growthfund, the National Fund of Greece, announced record revenue and profit in 2023. More specifically, it more than doubled its revenue and profits in 2023 compared to the previous…

Alpha Bank: Greek economy showed resilience in 2023

Despite the unfavorable external environment, the Greek economy showed particular resilience in 2023, both in terms of strengthening economic activity and creating new jobs. According to an economic analysis by…

Nousias to “Naftemporiki”: We want to support 100 start-ups in the next 5 years

“A total of 37 companies operating in 20 different sectors of the economy have been supported by the ENVOLVEXL program,” Managing Director of Envolve Entrepreneurship, Alexandros Nousias, said in an…

The Hellenic Aerospace Industry’s modernization a pillar for Greek defense industry

National Defence Minister Nikos Dendias’ big bet is the revival of the Hellenic Aerospace Industry (HAI) with the view to playing a critical role to the upgrade of the Greek…

Melisanidis: Naftemporiki has left its mark on Greece’s media sector

The significant course of “Naftemporiki” in the media sector, its dynamic footprint, but also the promising future of the group, was highlighted by its publisher, Giorgos Melisanidis, during his speech…

Ten new drug production factories in Tripoli

The Greek pharmaceutical industry is turning the industrial zone of Tripoli into a pharmaceutical hub with 10 new factories and 56 production lines, 14 new research structures and 5,500 new…

Parliamentary Budget Office sees 2.5% growth in 2024

The Parliamentary Budget Office places the growth rate for this year at 2.5% and inflation at 2.9%. An estimate compatible with the updated forecasts from the Commission, the IMF and…

Monday, 01 April 2024

Stournaras to “Naftemporiki”: The crisis as an opportunity for the transition to the new normality

The experience in monetary policy gained over the previous years has been extremely valuable and can be our guide for the future, Bank of Greece (BoG) Yannis Stournaras said in…

Funds lead the Stock Market to new heights

The Athens Stock Exchange has recently accelerated the procedure for the imminent upgrade in 2025, with the capitalization increasing by 10.5 billion euros in the first 61 sessions of the…

Neptune Maritime Leasing on a rapid growth trajectory

In March 2023, it agreed with Neptune and its shareholders to invest in the platform up to 200 million dollars for up to 40% of common shares and up to…

The ports of Souda and Stylida to be upgraded

An agreement of more than 24 million euros for the implementation of critical port infrastructure projects in the port of Souda and Stylida, as well as for the conduct of…

Hatzidakis to “Naftemporiki”: Acceleration of investments in 2024-2025

“2024 and 2025 will be years with much more important investments from the Recovery Fund,” Economy and Finance Minister Kostis Hatzidakis said to “Naftemporiki” and Michalis Psilos. “I am absolutely…