The 4 major construction groups – GEK Terna, Aktor, Avax and Metlen – are planning their next moves in order to ensure their future revenues despite the significant backlog of…
Greece is among the OECD member countries with the most unfair tax burden on families.
Revealing data emerges from the international organization’s annual report on the level of tax and…
EuroHoldings Ltd., a shipping company recently spun off from Euroseas Ltd., is exploring strategic options to maximize shareholder value.
The board of directors of the US-listed company is exploring a…
Thessaloniki welcomes leading representatives of the European port industry on May 8 and 9, as part of the 21st Annual European Ports Conference (ESPO Conference), hosted by the Thessaloniki Port…
The Minister of Tourism, Olga Kefalogianni, met with Sheikh Ahmed Bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline and Emirates Group, on the sidelines of the international tourism…
“There will be no increase in the prices of ferry tickets, neither now nor during the summer period. We reduced port fees by 50% and we managed to keep prices…
Aktor estimates that it will have future flows of 1.2 billion euros over the decade from the entire portfolio of concessions and PPPs it is forming, following the acquisition of…
George Prokopiou’s Dynacom Tankers Management is expanding its tanker shipbuilding program, providing a vote of confidence in Chinese shipyards, despite the imposition of port fees on ships of Chinese origin…
Maintaining a satisfactory EBITDA margin (earnings before interest, taxes, depreciation and amortization) from construction, combined with its further placement in concessions, residential properties, marinas and selectively in the energy sector,…
The distribution of a dividend of 1.40 euros/share was approved by the general meeting of OPAP shareholders.
The company’s shareholders focused, among other things, on OPAP’s record performance, while providing…
Greece’s strategic intention to utilize the power of Greek-owned shipping as a negotiating tool in global developments in the field of trade and maritime transport was highlighted by the Minister…
Piraeus Port Authority (PPA)’s profits showed significant improvement in the first quarter of 2025, compared to the first quarter of 2024, while the company’s operating sectors also recorded positive results,…
Greece will assume the Presidency of the United Nations Security Council (UN) for one month starting on May 1, 2025.
According to “Naftemporiki” sources, on May 20, 2025, a central…
Greece has submitted a request to activate the escape clause for defense spending, launching the process of calculating the fiscal space that the country will have at its disposal in…
Greece made the move and requested the activation of the national escape clause to exempt defense spending from future fiscal calculations.
It is now up to the Commission to evaluate…
A slightly better performance was recorded in the clothing-textile chain in the first two months of 2025, according to data from the Hellenic Fashion Industry Association (SEPEE).
Production, retail sales…
Lloyd’s List Intelligence has recorded a sharp rise in “flag hopping” — the practice of frequently changing a ship’s registry to evade sanctions.
This trend follows the explosive growth of…
Aktor Group showed improved performance in 2024, while it is expected to announce the completion of due diligence checks for the acquisition of Aktor Concessions by Ellaktor on Wednesday as…
“Greece continues to be a particularly attractive destination, with demand maintaining its momentum,” AEGEAN CEO Dimitris Gerogiannis stressed, among other things, at the general meeting, while noting that the forecasts…
A significant change in the field of digital payments is coming for consumers with free, instant and secure transactions.
In a meeting between the Minister of National Economy and Finance…
The cumulative profitability of the listed companies on the Stock Exchange in 2024 is on track to converge or even exceed the performance of 2023 (10.5 billion euros).
More specifically,…
The impact of the US tariffs on the Greek economy is expected to be limited, Bank of Greece governor, Yannis Stournaras, estimated.
Speaking to the CEO Club, Stournaras said that…
AKTOR announced higher profitability and turnover totaling 1.3 billion euros in 2024.
The results “signal the decisive implementation of the Group’s new business strategy for profitable projects and diversification of…
The metals sector is a Market Changer for METLEN, which is expected to be strengthened with total investments of 970 million euros by 2028, of which 500 million euros have…
2025 started with a dynamic start for SKY express, recording strong growth in all key indicators.
During the first quarter of the year, the company recorded a 10% increase in…
Greece is going to request the exemption of defense spending – that is, the activation of the relevant escape clause – from the calculation of fiscal spending in the coming…
“The measure for the return of a rent that the government announced is the smartest one it has taken,” emphasized the president of the European Federation of Real Estate Agents…
“Undoubtedly, a certain amount from the surplus should return to the economy (approximately 2.5-3.0 billion euros) in order to maintain liquidity and the growth rate,” emphasized Panagiotis Petrakis, Professor Emeritus…
Axpo and EDF Renewables Hellas have signed a short-term Power Purchase Agreement (PPA) for the sale of electricity from two EDF photovoltaic parks in the Boeotia region.
The two projects,…
The dry bulk market is moving upward after a difficult month, across all sizes of vessels.
Larger bulkers, such as capesizes, are “leading the way” due to increasing demand from…
