IPO momentum continued to slow from Q1 into Q2, resulting in a considerable decline in both deal numbers and proceeds.
It is been estimated that, due to the war in Ukraine, almost eight out of ten Halkidiki real estate sales agreements, which were kept pending with Russian buyers, mainly due to the restrictions on the transfer of money to Europe.
At the end of September, according to sources familiar with the matter, shall the deadline for submitting binding offers for the port of Alexandroupoli will be postponed. The deadline was initially set as of July 29.
EFKA declared a public tender for the lease of a property based in Omonia in order to have the premises redeveloped into a 4 star hotel
Frigoglass reached a definitive agreement with the co-insurance scheme that had taken over the insurance coverage regarding the fire incident that occurred at the company's commercial refrigerator factory in Romania for a total compensation of a net amount of 61.6 million euros related to material damages (compensation of 42 million . euros) and interruption of business activity (compensation of 19.6 million euros).
Another important step is expected to be reached for the project of the regeneration of the "Athenian Riviera" which is financed by the resources of the Recovery Fund with beneficiary implementing bodies the Region of Attica and the HRADF and has a budget of approximately 25 million Euros.
The resilience of the Greek economy and the fact that it will continue to grow at a rate of 4% in 2022, despite adverse international conditions, emphasized the Chairman of the Board of Directors of the National Bank, Gikas Hardouvelis, speaking during the regular General Assembly of the bank's shareholders.
With 40% of global carbon emissions coming from new buildings and infrastructure each year, the International Cost Management Standard Coalition (ICMS Coalition) has published the first global standard aiming to calculate carbon dioxide emissions during construction and during their life cycle - also known as "embodied and operational carbon"
EYDAP announced the conclusion of a Memorandum of Cooperation and Understanding with Lamda Development S.A., through its subsidiary ELLINIKO S.A. ("LAMDA") which concerns the water supply, drainage and facility for the production of recycled water, as well as an urban and peri-urban distribution network of recycled water to cover the needs of the Metropolitan Pole Hellinikon - Agios Kosmas.
Titan Cement International SA (Euronext Brussels, ATHEX and Euronext Paris,TITC) announced the second quarter and half year 2022 results
HELLENIC PETROLEUM HOLDINGS S.A. announced, in the context of the implementation of its growth strategy in RES, the signing of a share purchase agreement for the acquisition of “MAKRYLAKKOMA S.A.” and “SAGIAS S.A.”, both owned by Copelouzos Group and International Constructional S.A. Group, by “HELLENIC PETROLEUM RENEWABLE WIND FARMS OF MANI S.A.”, a wholly owned subsidiary of HELPE RENEWABLES S.A..
PRODEA Investments and Invel Real Estate announce the acquisition of the Hotel Bellevue Cortina d’Ampezzo in Italy for a major redevelopment opportunity ahead of the 2026 Winter Olympic Games.
After 17 years in DIMAND and achieving one important milestone for the company; its listing in the Athens Stock Exchange, DIMAND's co-founder Panos Panagiotidis is exiting the company.
The important role that the Hellenic Development Bank-HDB has been playing in recent years for the development and stability of the Greek economy, President and CEO Athina Hatzipetrou and Vice President Pantelis Tzortzakis mentioned in a Press Conference, in the presence of the Minister of Development and Investments , Ad. Georgiadis and the Deputy Minister, Yannis Tsakiris.
Syngrou Avenue will be redeveloped with more greenery, as the extensive tree planting and regeneration is in full progress on the central islet formed from the height of the Pantei University to the Faliriko Delta.