Subsea 7 has awarded to Corinth Pipeworks, steel pipe segment of Cenergy Holdings, a contract to provide High Frequency Welding (HFW) steel pipes for the tieback of OKEA Hasselmus gas discovery to the Draugen production platform in the Norwegian North Sea via one subsea well.
During 2021 Quest Group recorded Sales €947,9million, EBITDA €75,6m and EBT €136,1million. Excluding Cardlink’s numbers which was sold on the 30/9/2021, consolidated sales from continued operations were €915,9million, EBITDA €64million and EBT €51,3million.
Ralling real estate property prices on a disproportionate level amongst Athens, Thessaloniki and Patras tenants. According to a Panhellenic Network of Brokers E-Real Estates survey, the potential buyer in Athens will be asked to pay an average of 66.10% higher rent compared to prospective tenant in Thessaloniki and + 82.50% compared to the prospective tenant in Patras.
In 2021, the consolidated turnover amounted to €13,3 million compared to €15,2 million in 2020.
Epsilon Net Group announced the purchase of an autonomous building complex in the area of Eastern Thessaloniki and specifically on 92 Agricultural School Avenue and at a distance of 3.5 km. from Thessaloniki International Airport.
Foreign Direct Investment in Greece in 2021 has been particularly directed into the real estate sector (real estate management and private real estate sales) according to Eurobank's recent analysis bulletin "7 Days Economy".
Home rental company Airbnb Inc said it had suspended operations in Russia and Belarus.
The fate of insolvent Romanian sunoil producer Mandra from Barlad (eastern part of Romania), under insolvency since February 2019, seems to have changed after the war in Ukraine brought the food processing market and the edible oil producers into the spotlight.
By decision of the Deputy Minister of Development and Investment Mr. Ioannis Tsakiris was signed by the Special Secretariat for Program Management ERDF & TA on 30-03-2022, the inclusion of the act "Expansion and improvement of the maneuvering field of Naxos State Airport" -with a total budget of € 23.07 million- in the Operational Program "Transport Infrastructure, Environment and Sustainable Development 2014-2020" with the beneficiary the Airport Infrastructure Department (D.Y.A.).
The first hydrocarbon drilling is expected to begin as soon as possible in the Ionian Sea areas and those of Crete, which have been granted exploration rights.
With an investment of over €80 million, the student accommodation project aims to meet demand from the nearby Politecnico di Milano university campus.
The sale of the Agapi Beach Resort hotel located in Ammoudara, Heraklion, Crete, from where the construction of the Sbokou Hotel chain began, shall be a family affair.
Trastor REIC announced a significant increase in Group’s net profit for 2021 to €23.0mn, compared to €3.1million in 2020.
BNP Paribas Asset Management announced that it has completed the acquisition of a majority stake in Dutch asset manager and specialist lender Dynamic Credit Group.
Euro area annual inflation is expected to be 7.5% in March 2022, up from 5.9% in February according to a flash estimate from Eurostat, the statistical office of the European Union.