Greek households paid increased taxes on wages and social security contributions during 2023, deviating even further from the OECD average. This was attributed to the fact that tax systems were…
Deposits placed by households and private non-profit institutions increased by 396 million euros in March 2024, compared with a decrease of 156 million euros in the previous month, according to…
Space Hellas’ 2024 strategy focuses on possible acquisitions of companies that will expand its products and services, investments in research and development to acquire know-how and create innovative solutions and…
At the same time, net borrowing was reduced by 17.2% from 2022 and 59.8% from 2020. The above figures make up the strong performance of the AVAX Group in 2023…
The aim of Mytilineos is to increase the marketability and “visibility” of the company’s stock in the international markets, to expand its investment base and to give further impetus to…
The annual regular general meeting of OPAP shareholders focused on high dividends to shareholders and high targets for 2024. More specifically, the board of directors proposed the distribution of a…
The secondary market of ships shows high growth rates with Greek shipowners playing a leading role both as buyers and as sellers. In the first quarter of 2024, purchase and…
Greek banks are in a better position than in the past to withstand potential shocks, thereby bolstering the resilience of the Greek economy. In 2023, Greek banks improved their fundamentals,…
Cosmote participates in the European 5G SEAGUL project for the development of a Greece-Bulgaria 5G cross-border corridor (5G Corridor), which supports advanced Connected and Automated Mobility (CAM) functions. The aim…
The Hellenic Water and Sewage Company (EYDAP) is planning the further development of its activities with the help of the new legislative regulations. Meanwhile, the company has scheduled investments of…
Ideal Holdings presented its investment strategy in target companies, its financial dynamics and its portfolio. According to Lambros Papakonstantinou, president of Ideal Holdings, after the divestment from Astir Vitogiannis, the…
North Star Entertainment announced the construction of the new entertainment and accomodation center, including the relocation of the Parnitha casino in Marousi in 2024. The project is expected to be…
The management of Epsilon Net said on Thursday that it is in negotiations for a strategic collaboration with a foreign investor, adding that it reserves the right to inform investors…
At the same time, the average daily rate (ADR) for the first quarter remained roughly at the same level as last year, as it did not exceed 98.47 euros against…
Before the end of the first quarter of the year, the Greek State has already covered more than 80% of its annual needs following the latest issue of the 30-year…
Mytilineos is considering the possibility of listing its shares on an international exchange, including the London Stock Exchange, within the next 12-18 months as part of its strategic review. However,…
Greek exports plunged in the first quarter of 2024, while some sectors managed to show resilience amid an unfavorable environment. According to the analysis “Business Trends: Exports (1st quarter 2024)”…
Τhe Superfund is proceeding rapidly with the next strategic steps for its transformation into a National Investment Fund. It has already announced an international tender for the selection of a…
Αthens International Airport has again won first place for its marketing strategy at this year’s largest annual meeting of the European aviation industry “Routes Europe 2024” (April 22-24) held in…
Greece raised 3 billion euros from the issue of a 30-year bond, receiving 33-billion-euro offers, with the interest rate lower by 15 points from the original guidance. The interest rate…
“The acquisition of Aktor, which is in a much better position than many may think, creates the basis for a significant improvement in EBITDA, which is expected to increase even…
Tsakos Energy Navigation has been running an investment program for the renewal of its fleet. The company is aiming at a 100% green fleet by 2030, as TEN’s founder and…
The Minister of National Economy and Finance, Kostis Hatzidakis, announced that the utilization of public property should be accelerated and the framework for short-term leases should be reviewed in the…
The organic development of PPC Renewables’ RES portfolio is progressing dynamically, as new wind and photovoltaic projects are constantly being added to the existing RES projects with an installed capacity…
The investment grade constitutes good news because it affects the reduction of borrowing costs for households, businesses, and the country, Alexis Patelis, Chief Economic Advisor to Prime Minister Kyriakos Mitsotakis,…
The cosmetics industry is seeing an increase in sales and extroversion, according to ICAP/CRIF data. More specifically, a further increase in the value of the domestic cosmetics market is expected…
“PPC is a force of stability and a leader in the energy transition,” the president and CEO of the PPC group, Giorgos Stassis, said speaking at the “2024 Energy Security…
ALUMIL, one of the leading aluminum architectural systems companies, continued to grow in 2023 amid global challenges and an unstable international economic environment. In particular, the Group achieved in 2023…
The research entitled “Building the future for an even stronger industry” analyzes the trends, perspectives and challenges facing the industry at the global, European and national level, focusing specifically on…
The balance of travel services posted a surplus of 117.3 million euros in February 2024 compared to a surplus of 116.2 million euros in the same period last year. In…
One of the most modern fleets of bulk carriers in the world is being built by Laskaridis Maritime. The company of the Alimia group has proceeded with 23 orders for…
The Ministry of National Economy and Finance is moving forward with the filing of an amendment which will provide for a 50% reduction in charges for transactions made via POS.…
The Greek chemical industry responded to the call of the European Chemical Industry Council (CEFIC) to its members to prepare National Transition Plans so that the industry faces the modern…
Greece is faced with the risk of receiving less EU funds from the NSRF 2028-2034, compared to the previous and the current period. Any loss of resources that will have…
“Greece’s commitment to the faithful implementation of the EU acquis and international law in terms of the management of migration flows and the protection of European borders, as well as…
The accelerating pace of the global “green” transformation creates new trends in the labor market. Demand for green skills far outstrips supply as employers look for skilled talents to meet…
Intrakat group, on behalf of the PPC Group, is proceeding with the construction of a new 171MW photovoltaic park at the Lignite Center of Western Macedonia in Kozani. The group…
A grant of up to 61.7 million dollars will be awarded to Titan’s Roanoke cement plant in Virginia, USA, as it has been selected by the US Department of Energy…
The total number of Papastratos IQOS users exceeded 500 thousand, with non-burning products accounting for more than 70% of the company’s net revenue. With a market share of over 20%…
The difference – rise in price, according to a survey conducted by “Naftemporiki”, in supermarket chains reaches even 3.41 euros per liter and the final price now stands at 18…
In 2023, the company’s turnover exceeded 1 billion euros, marking an increase of over 16%, mainly due to the performance in the Aegean islands, Corfu, but also its strategic development…
The optimistic forecasts for a 2023 primary surplus higher than the target were eventually confirmed. According to the data announced by the Hellenic Statistical Authority (ELSTAT) and validated by Eurostat,…
The procedures for the signing of PPP contracts (Public-Private Partnership) are rather slow, while the next period will be critical as to which ones will eventually be implemented. The complex…
Eurostat will announce the final figures for the 2023 primary surplus and debt on Monday noon. These figures will give a first impression of whether the government will manage to…
The ongoing crisis in the Red Sea is causing turmoil in the movement of containers at the port of Piraeus. It is the first time that the largest port of…
Alternative electricity providers seem to have increased their market share, according to the annual report of the Energy Exchange for 2023. More specifically, private providers have increased their share to…
Ellaktor Group is proceeding with a new restructuring move for the acquisition of all the shares of its real estate subsidiary, Reds, and its delisting from the Athens Stock Exchange.…
Having registered a successful course in 2023 and the first quarter of 2024, AEGEAN is planning major investments aiming to further strengthen its profitability and its position in the international…
Wind propulsion systems are steadily increasing their share in the marine market as industry battles to reduce its environmental footprint and meet ambitious decarbonization targets. Providers of this kind of…
Mytilineos submitted a request to the EU Innovation Fund for financing a project for bauxite, aluminum and gallium totaling 350 million euros, its CEO Evangelos Mytilineos said. In an interview…
