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Friday, 29 March 2024

ASIA PACIFIC MARITIME 2024: Dynamic Greek presence at the 18th international maritime expo

A total of 15 Greek companies with a dynamic presence in the shipping field participated in the 18th International Maritime Exhibition ASIA PACIFIC MARITIME 2024, which was held in six…

Trastor eyeing foreign real estate markets

Trastor is considering the possibility of acquisitions in neighboring countries, having recently strengthened its share capital by 75 million euros. According to its management, Trastor focuses on acquisitions and development…

IPTO: Tender for undersea power cables

Independent Power Transmission Operator (IPTO) announced a tender procedure aiming at signing a framework-agreement for underwater AC power cable projects regarding interconnections to the Dodecanese and North Aegean islands. The…

IELKA: Price constraint in supermarket chains in February

Supermarket products prices rose 2.75% in February 2024 compared to the same period last year, according to research conducted by the Institute of Retail Consumer Goods Research (IELKA) on major…

PPC: Further penetration in Romania

The strategic pursuit of PPC to play an active role in the Romanian energy market, upgrading its already large portfolio, is highlighted by the recent developments. The first one concerns…

Titan: Record sales – Strong performance in reducing emissions

Titan Group published the 2023 annual report presenting the Group’s financial results in combination with its environmental, social and governance (ESG) performance. The Group characterizes 2023 as a year of…

Thursday, 28 March 2024

Request for Expression of Interest: Provision of Pre-paid or Debit Cards and Financial Service

Project Background: Catholic Relief Services – United States Conference of Catholic Bishops (CRS), was established in 1943 and dedicates its efforts to aiding the impoverished and vulnerable across the globe.…

IPTO: Working meeting with the Administrator of Albania to strengthen cooperation

The progress of the new 400 kV overhead transmission line being built between Greece and Albania was discussed in Tirana by the administrations of the Independent Power Transmission Operator (IPTO)…

Athens International Airport seeking funds to finance expansion plans

The administration of the Athens International Airport (IAA) is in contact with banks to finance the expansion, as well as the projects required to speed up the implementation of the…

MYTILINEOS: 1.16-billion-euro “green” investment in Alberta on the table

The course of implementation of MYTILINEOS’ 1.16 billion euro “green” investment in Alberta, Canada, which concerns the acquisition of a photovoltaic portfolio with a total capacity of 1.14 GW from…

MSC Cruises: 400 visits to 9 Greek ports

MSC Cruises will travel to Greek destinations with 6 cruise ships this year. It will make more than 400 visits to 9 different island and mainland destinations across the country,…

IOBE: Growth prospects and major challenges for the construction industry

The dynamics of the construction sector in Greece and the strong growth prospects for the coming years are reflected in the study of the Foundation for Economic and Industrial Research…

Fiotakis (Barclays) to “N”: What leads Greece to the third mega-cycle of growth

In a period of strong uncertainty and turmoil – mainly in the geopolitical field, also with an impact on the economy – what should we expect from central banks in…

Investors upgrading Navios Maritime Partners 

The stock of Navios Maritime Partners, owned by Aggeliki Fragou, received a vote of confidence from investors, while recording an impressive rally in the first quarter, with the capitalization exceeding…

Greece is the champion in real GDP per capita growth across Europe

The European Commission published data for 2023 referring to real GDP per capita and GDP per capita in purchasing power units. Real GDP per capita According to a statement from…

Stock market: The valuation of listed technology companies exceeds 2 billion euros

The Technology and IT sector is one of the most “hot” sectors of the Athens Stock Exchange, as it has undergone a significant re-rating, thanks to successive deals, but also…

DBRS sees Greek economy growing by 1.5% in 2024

DBRS sees the Greek economy growing by 1.5% in 2024 in its report on the progress of the main economies. The credit rating agency’s estimate for the Greek economy is…

Wednesday, 27 March 2024

ManpowerGroup: Closing the gender gap

A total of 45% of employers in Greece stated that they have “achieved full gender equality”, a rate of 4 percentage points higher than at the global level (41%), according…

Haida to “Naftemporiki”: The institutional framework for the operation of marble quarries is a priority

The institutional framework for the operation of marble quarries, the promotion of the Hellenic Marble brand, the education and training of industry personnel, the strengthening of the culture of health…

CHC Group and Hilton presented the first Tapestry Collection by Hilton Resort in Europe

Hilton announced a franchise agreement with CHC GROUP for the opening of CHC Sound of the Sea, Tapestry Collection by Hilton, in a press conference held in the Hall of…

Papoutsanis: Proposal for a dividend of 0.04 euros/share

Papoutsanis is aiming at the development of its activity and profitability in 2024 based on three pillars: the branded products of Papoutsanis, the hotel products and the categories of producers…

Tourism: Receipts jumped to 278.3 million euros in January

Tourism made a positive start in 2024, according to the data announced by the Bank of Greece, as inbound traveller flows recorded a 16% increase in the first month of…

SQLearn: Digital tool for ship control inspection

An innovative digital tool that integrates all the popular ship control inspection questionnaires was developed by the Greek company SQLearn. The compliance of shipping companies, but also of each ship…

Mytilineos: Meetings in Canada for further cooperation

The president and CEO of MYTILINEOS Energy & Metals, Evangelos Mytilineos, had a series of contacts in Canada over the last days. In a meeting with Greek Prime Minister Kyriakos…

PPC concludes the acquisition of wind farm in Romania

The Public Power Corporation (PPC) announced that it completed the acquisition of an 84 MW wind farm in Romania through its subsidiary PPC Renewables. According to the announcement, the company…

Tankers: Investment rally continues

Greek shipowners proceed with deals for the construction of newly built tankers, continuing the investment rally that started last year, with focus mainly on medium-sized tankers. Chinese shipyard Zhoushan Changhong…

Pay TV penetration remains stable in Greece

The penetration of pay TV in Greece is stuck at 29%, according to the official data collected by the international company (technology analysis and consultancy) Omdia. Among the 17 European…

Tuesday, 26 March 2024

GEK TERNA: Provisional concessionaire for the Chania-Irakleio segment of North Crete Motorway

GEK TERNA announced, following as well a relevant inquiry from the Hellenic Capital Market Commission, that has been declared provisional concessionaire through an international competitive tender for the project of…

Tsakiris calls on marine transport insurers to adapt policies to the new era of uncertainty

IUMI Ocean Hull Committee Chair Ilias Tsakiris speaking in London stressed the need for resilience and innovation amid threats to the supply chain and energy transition. He called on marine…

Navigating Excellence: Exploring digital and technological solutions that transform the shipping sector

Oriani Hellas successfully completed the Maritime Innovation Conference “Navigating Excellence: The Norwegian – Greek Maritime Innovation Summit”, which took place on March 13 and 14 at the Museum of Cycladic…