Category: Enterprise

  • Fourlis Group: 47.3% of the participation in Trade Estates was formed

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    Its private placement of shares was completed, while the participation of the group in Trade Estates was formed at 47.3%. According to the relevant announcement, “despite the difficult stock market environment, investment interest was strong, allowing the placement of 16% of Trade Estates’ share capital, which exceeds the required 13.4%, resulting in a decrease in…

  • Christos Papandropoulos (Box Now): Next stop is the big Greek islands

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    It may offer courier services to the “last mile” but, in the company’s DNA, founded within the pandemic, in 2021, is technology. As quoted in an interview at newssit.gr, Christos Papadropoulos, Director of Box Now Marketing, the selection of points where the company locks are placed is based on special software that takes into account,…

  • Helleniq Energy: Within 2025 the decision to drill in Crete – The first “green” refinery

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    Within 2025 the investment decision for research drilling in the blocks of Crete, as stated yesterday (4.2.2025) the CEO of the company, Andreas Siamis, will be taken at the presentation of the Center for Excellence which he founded in collaboration with Alba Graduate Business School of the American College of Greece. Specifically, the CEO of…

  • The barrage of new hotels and reconstructions that change Piraeus

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    It continues to be a pole of attraction, as top tourist brands invest in creating quality accommodation in order to meet the needs of the ever-increasing number of tourists visiting the country. At the same time, apart from tourism investments, the region is aware of a strong investment activity in various sectors. The beginning of…

  • Capital Ship Management received the Greek newly built Aesop and Aeolus tankers

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    The new Aesop and Aeolus under the Greek flag, with a capacity of 115,621 dwt built at the New Times Shipbuilding (NTS) shipyards in China, was received by Capital Ship Management. The two sister tankers have received the highest classification category from Lloyd’s Register, marked 100A1, following strict construction and maintenance standards for increased safety…

  • Finally, the research of hydrocarbons in sections 2, 3 and 9 of the EEZ, says the Ministry of Energy of Cyprus

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    The investigations in Sections 2, 3 and 9 of the Cyprus Exclusive Economic Zone (AEZ) did not detect any exploitable deposits, thus not renewing the licenses confirmed at the Cyprus News Agency (Cyprus) its Minister of Energy, Trade and Industry, George Papanastasiou. This development also results in the departure of Korean state gas company Kogas…

  • The prestigious free STEAM training program for all teachers is again open for submission of entries

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    The needs of the educational environment are constantly changing, leading to a review of how to learn and teach. Criticism, technologies, teamwork and experiential knowledge through applied arts and sciences are some of the tools used for students and students to learn, as active perpetrators rather than passive receivers. Artificial Intelligence (AI), technology, science and…

  • HERON ViBES: The reward program that supports the environment

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    A new initiative of environmental and social awareness is included by the leading supplier of electricity, in the HIV ViBES Loyalty Program, where its members are rewarded with gifts for each transaction. With a high sense of responsibility and wanting to contribute actively to tackling global environmental challenges, the user enables users to cash in…

  • Amazon: Investments in 3 new renewable energy projects in Greece

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    Investment in three new renewable projects in Greece announced today (4.2.2020) or , raising to eight the total number of energy supply agreements (PPAs) signed in the country. As indicated by Amazon in its Communication, these projects are part of the wider effort to invest in new, carbon-free energy sources, supporting the Climate Pledge initiative…

  • National Insurance: By 24 February the submission of a takeover proposal by Piraeus Bank will be judged

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    By February 24th, when she announces the results for the 2024 use, she will have clarified the acquisition case for which Piraeus has stated an interest. Since both companies are listed on the Stock Exchange, developments either in the direction of submitting a binding offer from Piraeus Bank to the CVC fund, or not, will…

  • New Administrative Group for Stoiximan

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    Stoiximan, the leading online gaming company in Greece and Cyprus, announces the establishment of its new management team, which is coming to strengthen the development strategy and continue the company’s dynamic course. The position of Commercial Director is taken by Kostas Diorelis, who in the last 5.5 years held the positions of Director of Trading…

  • Tesla: A 63% drop in sales in France, the EU’s second largest EV market

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    Elon’s car industry sales Mask fell 63% in January in France, the second largest market in the European Union for batteries (EV). The EV manufacturer classified only 1,141 cars in January, from 3.118 a year ago, according to the French industrial association La Plateforme Automobile. Tesla was delayed by the entire industry and total sales…

  • Attica Bank: NPEs Domus and Rhodium securitisation transactions completed

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    Transactions in unperforming portfolio securitisations of ‘Domus’ and ‘Rhodium’ were completed by the bank , according to the Bank , amounting to EUR 3.7 billion. Attica Bank holds 100% of the high paying-off bonds (Senior) from the Domus securitisation, amounting to EUR 728 million, as well as 5% of the medium- and low-June-priority bonds. CORVERSE…

  • PQH: Successful sale of the largest red loan portfolio of EUR 4.8 billion

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    a milestone for the special PQH liquidator responsible for clearing the non-performing 13 banks in liquidation is the completion of the sale of the Alphabet portfolio, a total accounting balance of EUR 4.8 billion. According to Mr. Alexander Frago, Chief Strategy Officer of PQH, on Friday (31.1.2025) the last transaction was completed for the sale…

  • How the works progress in the great reconstruction of the Greek

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    Major developments are taking place in its course, as according to the announcements of Lamda Development, projects – milestones have been put into implementation. And this is the time when they are moving fast and the sales of the luxury houses that the great urban regeneration will have at the former airport of the Greek.…

  • Eurobank: The Cyprus market ‘bridge’ for opening in Saudi Arabia, Emirates and India

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    Her plans for her purchase, the Deputy CEO of the Bank, Stavros Ioannou, presented last week at the “3 Business Presentations of Cyprus in Greece” conference organized by the Cypriot communication company FMW Financial Media Way. After 17 years of presence with Eurobank Cyprus, the 3rd largest bank in Cyprus, Eurobank managed to acquire the…

  • Bloomberg: Italian Bank Unicredit buys share of Gererali

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    A minority share of 4% of the Generali insurance company has been acquired by Milan-based Italian, according to a Bloomberg report. Unicredit notified about 4.1% of Italy’s largest insurance company. The shares of the insurance company had reached the highest level in the last 15 years and in particular 30 euros per share. “UniCredit has…

  • United Group enters renewable energy generation, with initial investment of 120m euros in Bulgaria

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    Her investment in it includes three photovoltaic parks, as well as an wind park. By 2027, these projects will supply 160% of the Group’s electricity needs in Bulgaria, covering 65% of United Group’s total electricity needs and eliminating approximately 120,000 tonnes of CO2 emissions from Bulgaria’s electricity network annually. CORVERSE Overall, these units will have…

  • Papoutsanis: The turnover rose to 66.2m euros in 2024

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    It increased by 6.3% in 2024, reaching 66.2m euros compared to 2023. Concerning the contribution of the four sectors of activity to the turnover of 2024, it is reported that 30% of total revenue comes from sales of eponymous products of Papoutsani in Greece and abroad, 17% from sales on the hotel market, 36% from…

  • Commercebank examines smaller possible agreements, states CEO

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    She turns her interest in possible smaller deals to create value for shareholders, but does not repudiate a possible takeover by UniCredit, bank CEO Bettina Orlop said today (21.1205). “We assess certain options of acquisitions and mergers for us, but these are real acquisitions, smaller to make our value proposal better,” said Commerzbank CEO at…