Greek wine exports reached 100 million euros last year for the first time in history. This number may be relatively small compared to the export performance of other sectors of…
Greek banks must provide a full analysis to the SSM through their three-year business plans that will be delivered at the end of March to the supervisor.
Despite the division…
The rally of the last four months in the Athens stock exchange is “fueling” scenarios for new deals amid improved valuations across the board.
HFSF
The Hellenic Financial Stability Fund…
The Hellenic Statistical Authority (ELSTAT) announced data on the Greek Merchant Fleet (for vessels of 100 GRT1) for December 2023.
More specifically, the Greek Merchant Fleet decreased by 0.5% in…
OTE will further improve its operational and financial performance this year, according to the Group’s management.
Its chairman & CEO, Michael Tsamaz, stated that “having a clear strategy towards the…
StealthGas achieved an all-time record net profit of 51.9 million US dollars in 2023. The company, which specializes in LPG carriers, recorded a revenue increase of 51% compared to 2022.…
“We are intensifying the reforms despite the consistently positive EU evaluation for the implementation of the Recovery Fund,” Alternate Finance Minister Nikos Papathanassis said.
Papathanassis underlined that “the report of…
MYTILINEOS Energy & Metals announced the establishment of a new production unit of advanced metal constructions aiming to expand the range of manufactured products in order to exploit all possible…
Profits distributed to the company’s shareholders jumped to 531.7 million euros, registering a strong increase of 36.8%, while adjusted investments in assets amounted to 621.4 million euros.
The group recorded…
Based on the provisional data of the Civil Aviation Authority (CAA), the total number of traffic of passengers (international and domestic passenger arrivals and departures), reached 2,406,801, compared to 2,209,593…
Productivity, job vacancies and inflation are the three big “thorns” that limit up to 4% (811 euros) the proposals to increase the minimum wage in the private sector.
In the…
Prime Minister Kyriakos Mitsotakis invited India’s entrepreneurs to invest in Greece during the Greek-Indian business forum entitled “Exploring Economic Collaboration Between Greece and India: Future Prospects,” adding that there will…
The construction of PPC’s hydroelectric power plant in Messochora, Trikala regional unit, which had been frozen for many years, will eventually proceed following the approval of the environmental impact study.…
Farmers drove their tractors into downtown Athens to protest against rising fuel and production costs.
“We didn’t come for a walk. We came here to send a message. We believe…
Profile’s capitalization on the Athens Stock Exchange has risen above the psychological limit of 100 million euros, with the company’s share registering a dynamic three-day rally.
The listed company rose…
PPC remains cautious over the release of information related to the implementation of its plans in the field of telecommunications services, while it is progressing its program of developing an…
The head of Euroseas, Aristides Pittas, spoke about the “unexpected comeback” of the containerships charter market, during the announcement of the financial results for 2023.
“One-year charters are up about…
United Maritime Corporation strengthened its fleet with a new bulk carrier, “seeing” particularly positive prospects in the market.
The president and CEO of the US-listed company, Stamatis Tsantanis, during the…
Greek shipowners are investing in one of the most promising future markets for green fuels. More specifically, Greek shipowners are placing orders for large ships that will be able to…
The Houthi attacks have forced many shipping companies to bypass the Red Sea resulting in delays in the transport of products, increased fuel costs and higher consumer prices.
If the…
The average asking price in commercial properties for sale in Piraeus (1,231 euros/sq.m) rose 12.8% in 2023 compared to 2022 while the corresponding price increase in the suburbs (993 euros/sq.m.)…
A major customer of the Japanese shipyards is Samos Steamship. The Greek shipping company added three more ships to its order book over the last months. These are two bulk…
About 10 million euros are added annually to state coffers from dormant bank accounts.
In fact, these are deposit accounts that no transaction has been made in the last 20…
Intralot has turned to a higher margin model, recording an EBITDA margin of approximately 36.6% for the twelve-month period ending in 2023 from approximately 31% at the end of 2022,…
Anastopoulos Shipbrokers published the first official sustainability report in Greek shipbroking, signaling its commitment to nine environmental, sustainability and governance (ESG) standards. The report follows an evaluation by an independent…
The head and owner of Panama Shipping Agency & Services, and former ambassador of Panama to Greece, Antonio Taquis, spoke about the establishment of the Greek embassy in Panama in…
Shipping group Thenamaris is implementing a program of permanent renewal of its fleet, selling its oldest ships and investing in new or second-hand modern ships.
At the same time, it…
Foreign Minister Giorgos Gerapetritis addressed a greeting on the sidelines of the CII India Europe Business and Sustainability Conclave, in New Delhi.
Gerapetritis is paying a visit to the country…
The critical role of the Port of Piraeus in trade and the global supply chain, as an important gateway to global shipping, was highlighted during the 5th Balkans & Black…
In a statement, Titan Cement International SA provided a brief update ahead of the group’s annual results on March 13, 2024, as interim and unaudited financial results for 2023 exceed…
