Category: Enterprise

  • Uphill moves the real estate market in 2025 – Which areas are favoured

    The great interest of citizens in our country and the developments and prospects in sales and rental prices are confirmed by the highly increased demand for my home II. According to convergent estimates that see the light of day, the real estate market will maintain its dynamic, with opportunities to shift out of urban centres.…

  • The RIS is not examining the ‘faraonic’ marine photovoltaic in Ambraki

    The Ministry of Environment and Energy ( ) does not proceed with the examination of the huge floating park that plans a company in the Ambraki Gulf, as the project goes far beyond the provisions of the regulatory framework. This was the answer RIS gave to the House on the issue after a question from…

  • European Car Manufacturers Association: What priorities should enter the EU car industry

    The priorities that need to be introduced into its area, said the new president of the Association of European Car Manufacturers (ACEA), Ola Kalenius, in a letter to its leaders, in order to ensure competitiveness and reduce emissions of pollutants. He pointed out that the industry is facing a major challenge from global competition, geopolitical…

  • Choose and Satori Analytics shape the future of customer service

    Choose, a leading communication, digital transformation and omnichannel service company and Satori Analytics, leader in artificial intelligence and data analysis, announce their cooperation in developing advanced applications that will redefine customer and citizen service. The two companies join forces to create solutions that exploit the power of artificial intelligence and big data, responding to increased…

  • PPC Renewables: He emerged Great Place to Work for the 4th year

    Renewables emerged for the fourth consecutive year with the Great Place to Work Certification in Greece (CERTIFIED by Great Place to Work®). PPC’s specific distinction Renewables are attributed after research by the organization, Great Place to Work Hellas, world leader in workplace culture for more than 30 years. Research between workers is confidential and is…

  • Eurobank: Demetra Holdings sold 8.58% to Logicom Services

    The completion of the sale of 8.58% (17.152.353 ) of Demetra Holdings to Logicom Services announced today (17.1.2025) h. According to Eurobank’s announcement, the total transaction price amounted to almost EUR 27 million, i.e. EUR 1.55 per share. CORVERSE In detail the Bank’s announcement: Following its announcement of 25 November 2024, Eurobank Anonymous Company (Bank),…

  • Greece: Buys REDS minority shares

    The right to acquire the minority of REDS is exercised by the company, as announced today (17.1.2025). As Greece says in its communication, they amount to 1,444,274 shares, with the price per title ‘locking’ at 2,70 euros. It is recalled that Greece is already a shareholder of Reds, with 97.4854 % of the share capital.…

  • Greece: Buys REDS minority shares

    The right to acquire the minority of REDS is exercised by the company, as announced today (17.1.2025). As Greece says in its communication, they amount to 1,444,274 shares, with the price per title ‘locking’ at 2,70 euros. It is recalled that Greece is already a shareholder of Reds, with 97.4854 % of the share capital.…

  • Greece: The percentage of Motor Oil decreased to 23.89%

    23.89% lowered its share of the share from 26.88%, according to the relevant announcement. As stated in the Communication: ‘the ELLACTOR SA company (hereinafter the ‘Company’ and/or ‘Editor’) shall notify information received on 16.01.2025 from its shareholder in accordance with the provisions of Law 3556/2007 and in compliance with the Transparency Directive on participation and…

  • Huawei and Faria Renewables collaborate to create Energy Storage Systems in Greece

    Cooperation aimed at developing and operating Battery Storage Systems (BESS) in Greece was signed by FARIA Renewables. In particular, as announced, HUAWEI’s cooperation with FARIA Renewables was formalised by signing a Memorandum of Cooperation (MoU), stressing the joint commitment of the two companies to accelerate the energy transition and promote sustainability in the renewable energy…

  • Britain: BP cuts 5% in its workforce to reduce costs

    BP oil and gas company announced today (16.12025) that it would make 5% of its workforce worldwide, as part of the efforts of CEO Murray Okinklos to reduce costs and restore investor confidence in this energy giant. About 4,700 workers and 3,000 contract workers will be fired this year, multinational told the Reuters agency. The…

  • SBPE: Major impact on the plastics industry from increasing energy costs

    The production of products from the increase in energy costs in recent years is significantly affected, according to the Association of Plastic Industries in Greece. Among the problems caused by the increase in energy costs in the industry are the maintenance of production, the issue of jobs, as well as revenue. Combined changes in the…

  • Home 2: Attica Bank participates in the program with additional favourable billing

    My Home 2 managed by the Greek Development Bank S.A. is implemented under the Loan Programme of the Recovery and Resistant Fund with the funding of the European Union – NextGenerationEU. The clients of Attica Bank, in addition to the preferential terms of the program under which a housing loan is secured at a lower…

  • Home 2: AtticaBank participates in the program with additional favourable pricing

    My Home 2 managed by the Greek Development Bank S.A. is implemented under the Loan Programme of the Recovery and Resistant Fund with the funding of the European Union – NextGenerationEU. The clients of Attica Bank, in addition to the preferential terms of the program under which a housing loan is secured at a lower…

  • PPC: Innovative green energy guarantees to corporate customers

    New innovative benefits for its corporate customers introduces or , strengthening sustainability and accuracy in monitoring and management of consumption . In order to ensure maximum transparency and respect for environmental requirements, PPC offers the management of Guarantees of Origin (GOs) which means full transparency in reporting and managing the Guarantees of Origin, with the…

  • Home 2: What banks announced – Conditions and additional benefits

    It started yesterday (15.12025) the submission of applications for participation in the co-financed programme, which includes funding on preferential terms for the acquisition of first residence. My Home 2 project managed by the Greek Development Bank (HDB) is implemented under the Fund for Recovery and Durability with the financing of the European Union NextGenerationEU. The…

  • Home 2: The National Bank supports the acquisition of first residence by participating in the program

    The National Bank is next to those who wish to acquire their first residence. Taking advantage of its specialized knowledge and great experience in the provision of housing loans, the Bank participates in the new cycle of the Recovery Fund program, managed by the Greek Development Bank (HDB), following the successful course of my state…

  • Cooperation of AG Olives Group with Greek Georgoudis SA

    His company with the Greek company Georgoudis S.A. – Parthenon, the oldest board company in Greece announced today (16.12025) the AG Olives Group, the largest company in the field of table olives worldwide. As announced, this strategic partnership completes the group’s product portfolio, incorporating the world-famous premium Greek special crop olives into its portfolio, providing…

  • ERGO Insurance: Reduces 50% of increases in life insurance contracts

    ERGO Insurance announced yesterday (15.12025) that 50% will limit increases in the lifetime programs of the IOBE health index and that it will ensure that the increase for each customer is limited, with the rate remaining one-digit. In detail the company’s announcement: ‘ERGO Insurance, remaining next to its insured persons, understands the economic challenges facing…

  • Metlen: New major mining, metallurgical and industrial investment €295.5 million

    METLEN Energy & Metals ( ) announced today (16.1.2025) that the Metallurgy Committee at a joint meeting with the Capital Alliance Committee on Capital Investment (Capital Alliance Committee) took the final investment decision today to implement a new large investment in the production of bauxite, alumina and Gallio. This iconic work that will be carried…

  • Insurance companies: “Cutter” 50% in health insurance increases this year

    Around 50% of the increase in the IOBE health index was eventually adjusted their increases in life-long health contracts from 2025. Following the reactions caused and government intervention, according to which increases of 14%–15% “will not be accepted”, the prices of lifelong health contracts were adjusted for this year between 6.9% and 7.5% by several…

  • Insurance companies: Adjustments to health contracts – Reduced increases by 50%

    Around 50% of the increase in the IOBE health index was eventually adjusted their increases in life-long health contracts from 2025. Following the reactions caused and government intervention by setting a ceiling on the average annual increase in health insurance premiums of each insurance company’s programmes, the prices of lifelong health contracts were adjusted between…

  • Deals that shaped the real estate market – What is expected for 2025

    Special kinetics was the Greek market in 2024, according to C&W Proprius’ recent survey, as they reached 2 billion euros. With the forecasts to be particularly positive for SNEs, which in 2025 will continue to invest in the field of offices and logistics, while increasing their footprint in the tourism sector. Domestic investors mostly dominated…

  • Chandalis: Within the next 6 months it is brought to bankruptcy

    Within the next 4 to 6 months, the decision of the Polymelos of Thessaloniki on the application of the historical winemaking “Evangelos Chandalis AE”, according to the assessment made by Yota Koroboki, the lawyer of the employees in the company, is expected to be taken. The case was discussed today (10.1.2025) in the Multilateral Court…

  • EurolifeFFH presents innovative digital assistant OSCAR

    FFH, a member of Fairfax Financial Holdings Ltd, brings the experience of artificial intelligence into its process and presents OSCAR (Open Service for Customers and Recommendations). It is the digital assistant of Eurolife FFH, which enables its insured persons to obtain pet insurance online and in just 3 simple steps. Through this significant investment in…

  • AEGEAN: Award for excellence in the 454 university departments of the country

    An event took place yesterday (9,12025) by the State Scholarships Foundation (IKY) and the Ministry of Education for the award of the first five masters admitted to each of the 454 University departments of the country, in the academic year 2024 – 2025, with its presence as an official sponsor. “It is very important to…

  • ELECTOR has signed with PPC for the construction of a SITHYA plant

    The , went on to sign with the contract “Study, supply, installation, testing and placing in service with the key in hand (EPC/turn-key project) High Performance Cogeneration and Heat Unit (STHYA) with internal combustion engines (NGI) of natural gas, produced with useful thermal power ≥ 65MWth at the premises of the heart AIS”. As ELECTOR…

  • PPC and Open Farm promote sustainable agriculture to students through Carbon Farming Schools

    With the participation of 500 students from all levels, the “Carbon Farming Schools” program was completed in 10 schools in Western Macedonia, Megalopoli and Attica, with its support for the 2nd consecutive year. With the aim of experiential education in sustainable agriculture and nutrition, Open Farm and PPC collaborated on the design and implementation of…

  • Quest: Green light for the acquisition of Benrubi

    The green light in its acquisition (new) Benroubi from the Participations of Theodore Fessa, lit the , as reportedly no issue of concentration arose. Specifically as stated in the Communication from the Competition Committee: On 8 January, at its meeting in a Chamber, the Competition Committee received No. 871/2054 Decision approving unanimously, pursuant to Article…

  • Metlen: Every month Protergia customers win with Powergiving!

    The , integral part of it , welcomes the new year by holding the first draw of Protergia Powergiving. This pioneering action for all her clients was inaugurated yesterday (8.1.2025) with the live transmission of the draw. In absolute transparency and in a purely electronic way, the first winners emerged: 1 super lucky won 50,000…

  • Teleperformance in Greece invests in a better world for future generations

    Taking care of the planet, sustainable development and equal opportunities in work and life are now key axes in modern reality. However, a crucial question arises: How much do these authorities actually apply by companies, businesses and organisations? The answer lies in actions, initiatives and action. Companies that incorporate these principles into their strategy in…

  • PPC Group: Start of construction of a high efficiency cogeneration plant for D. Macedonia

    Construction of the High Performance Cogeneration and Heat Unit (STHYA) by the Group begins, with the aim of ensuring the coverage of district heating needs in . The project, which is planned to be installed within the plot of the former KARDIAS AIS, is an entirely investment by PPC Group, about 80m euros and is…

  • Lufthansa: 10,000 recruitments are coming ahead of Italian ITA acquisition

    About 10,000 new ones are planned for this year by the air group, proving in practice that the travel industry knows a new boom after the coronavirus pandemic. In the same context in which recruitment is initiated in the German company Lufthansa, the acquisition of the Italian carrier ITA is expected to be finalised. CORVERSE…

  • Which chains have started bids before the official start of winter discounts

    Large chains and footwear have already started offerings a week before their official start on January 13, 2025, giving consumers the opportunity to acquire products at reduced prices an hour earlier. Winter discounts today (7.1.2025) range from 11% to 78% in specific products, according to a newsit.gr survey on the websites of large groups of…

  • Home 2: The program opens on January 15th, vibrant demand await banks

    A new landscape in housing loans, raising their expectations of reversing the negative rate of expansion of housing credit since this year, creates the program that “falls” into the market over the next few days. Banks expect my new Home 2 programme to push the new mortgage disbursements to at least EUR 2 billion, in…

  • Steel companies US Steel and Nippon Steel appeal to justice against the Biden government

    Japan’s Nippon Steel company and US Steel will appeal to justice against the US President’s government for “unlawful involvement” in the US Steel takeover plan by Nippon, companies have informed today (6,12025) by joint announcement. The two steel giants say they filed an appeal before an American court of Appeal to challenge the process of…

  • TAPED aims to turn the ports of Patras, Katakolos and Kavala into cruise stations

    In the opening of an international competition for the development of activity in three important countries, the Public Property Utilization Fund (TAIPE), went on to try to exploit the comparative advantages of the areas and upgrade to an attractive tourist destination. The first part of the competition concerns the right to use, maintenance, operation and…

  • AKTOR’s real estate development plan

    The (formerly Intrakat) is preparing to make a significant market opening in the coming months, as the 600m-euro deal, announced a few months ago in collaboration with Prodea, progresses. Although this move has focused the attention of the market, it is not the first time that the Group has expanded beyond its traditional activities to…

  • 1.6% rise for PPC in electricity supply in December

    According to the official data of the Energy Exchange, the rise was 1.6% as PPC was at 51.92% of the market from 50.27% in November. CORVERSE Infiltrating each part of the supply, one finds that PPC won over 5% in the Middle Voltage with 40.67%, as well as 3% in the High Voltage with 43.26%.…

  • Lucetto puts Tupperware in Greece

    Lucetto puts Tupperware ( ) in Greece , according to its announcement , which was published today. It is recalled that Tupperware (Taper) has been active in Greece for the last 60 years. It is noted that such announcements were also made public in other countries, such as Italy and Denmark. CORVERSE Last September, Tupperware…

  • Biden announced the freeze of US Steel sale to Japanese Nippon

    The US president, with his announcement, blocked the sale of United States Steel to Nippon Steel for $14.1 billion, ending a high-profile deal that caused political storm and tensions between the US and it. Joe Biden announced his official decision today (3,1205), after the case was referred to him by an American safety assessment committee,…

  • 63,000 new businesses were established in 2024

    A good year was in 2024 for business, as according to the data of the General Commercial Register ( ) and the Central Association of Chambers of Greece (KEEE), published today (3.1.2025) this year a total of 63,000 new companies were opened. More detailed, according to the data of GEMIS, compared to last year, an…

  • Metlen: 3rd period of Common Bond Loan

    Energy & Metals announced today (3,12025) that according to its terms of 10/07/2023 Common Bond Loan issued by the Company (hereinafter referred to as the ‘KDO’), the date of identification (Record Date) of the beneficiaries of the KOD for the 3rd Period of Remuneration, is Thursday, January 9, 2025. Specifically, as of Wednesday, January 8,…

  • US: Biden blocks US Steel acquisition by Japanese Nippon Steel

    The president decided to block the sale of United States Steel i.e. their company based in Japanese Nippon Steel, Bloomberg reportedly, by ending a $14.1 billion deal that faced for months intense reactions and raising questions about the future of an American industrial giant. US Steel is an American steel company based in Pittsburgh, Pennsylvania…

  • The Stock Exchange bell rang the new BriQ Properties

    The first meeting in 2025 yesterday (2.1.2025) began with the negotiation of its new shares after the merger with Intercontinental International SNEAP. Through this transaction, the size of the listed company doubles, thus creating another strong SNEAP, which is among the few that have a very high percentage of free dispersion. During yesterday’s Athens Stock…

  • Mild sales retreat for Tesla vehicles as opposed to Elon Musk’s expectations

    By 1% the vehicles retreated in 2024, compared to the previous year, according to the ertnews. Therefore, Tesla failed to achieve the objective set in October, which was to achieve a ‘slight increase’ in sales over the year. The share of the car industry declined by 3.5%, indicating that investors are concerned about the challenges…

  • BriQ Properties: Start trading its new shares

    Athens Exchange welcomed today (02.01.2025) representatives of the Administration, executives and associates of the company S.A. D on the occasion of the opening of negotiations on its new shares resulting from its capital increase, in the context of the absorption of Intercontinental International. The opening of the stock exchange meeting was declared by BriQ CEO…

  • Competition Committee: The three cases to be found in plenary in January 2025

    Its programming includes three meetings for the first month of 2025. In particular, on 8 January of the month, the plenary session on the concentration of MANETIAL LIMITED – ELECTOR ANNOUNCEMENT OF ENERGY AND ENVIRONMENTAL APPLICATIONS is scheduled, according to the relevant notification from the Competition Committee’s web page. CORVERSE The subject of the meeting…

  • How banks star in the rebirth of the real estate market

    Their involvement in the market is increasingly increasing, as they play a central role in financing major urban regeneration projects. At the same time, the Greek banks are making use of iconic properties to strong players in the industry, with the aim of converting them into new business or residential diamonds. CORVERSE Starring in the…

  • Interlife: At 3.387 percent of Cyproman Services

    At 3,387% the percentage of Cypriot Cyproman Services was reduced to , according to today’s (31.12.2024) announcement. In particular, Interlife’s communication: In accordance with the provisions of Law 3556/2007, INTERLAIF S.A., as applicable, informs the investment public that the company under the name Cyproman Services Limited, legally represented, with a registered office in Nicosia, Cyprus,…

  • Shining: Harmona acquired 12.1% of Regency’s bond loan

    Harmona Energrises acquired 12.1% of the joint bond of Regency as announced by the Greek hotel company SA. The announcement: The Anonymous Company under the name of the Athens Stock Exchange Regulation, as in force today, and Article 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April…

  • Hellenicniq Energy: The transfer of 35% of DEPA Marketing to TAIPED has been completed

    Yesterday (30.12.204) the transfer of its share rate (35%) to the share of DEPA Trading to TAIPEDE was completed, as announced by the quoted today (31.12.2024). In detail, the announcement of Helleniq Energy: Following on from 19 December 2024 notice, HELLENi Q ENERGY Holdings S.A. (hereinafter the Company), announces that on 30 December 2024 the…

  • Lavipharm: Sale of Pharma Plus to Diorama for 1.5m euros

    Pharma Plus went to Diorama for 1.5m euros, according to today’s (31.12.2024) announcement of the company. In particular, according to the announcement, Lavipharm signed on 30.12.2024 a sale contract (‘SPA’) of all its shares in PHARMA PLUS, AUTHORITY OF PHARMACEUTICAL ANNOUNCEMENT COMPANY, corresponding to 100% of the Company’s paid-up share capital, to Diorama Investments II…

  • Revoil: Total RES in Rev Energy subsidiary

    The collection of all Renewable Energy Sources ( ) in the newly created Rev Energy, according to today’s (31.12.2024) announcement of the company. In particular, the communication states: “The REVOIL Company S.A.P. announces, following a decision by the Board of Directors, that it has proceeded to set up a new company called REV ENERGY GROUP…

  • Olympic Real Estate: From abandonment to new upgrade season

    The recent serious damage suffered by the Peace and Friendship Stadium, due to the severe bad weather that has hit Attica in recent days, brought the issue of their poor country to the fore. Concerning the country’s Olympic property maintenance projects, a few days ago the 78m-euro competition was announced to restore the iconic housing…