More than 30% of the works in the new airport of Kastelli built by TERNA

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05.02.2024

The construction of the new International Airport of Heraklion of Crete (IAHC) is progressing rapidly under the TERNA leadership. The project has achieved over 30% progress based on its new improved design. This was discovered during a recent visit to the construction site in Kasteli by the Ministry of Infrastructure and Transport, led by the Minister, Mr. Christos Staikouras.

Olympia Odos and the University of Patras have established two annual scholarships

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05.02.2024

Olympia Odos and the University of Patras have established two annual scholarships worth 3,000 euros per year for 5-year period. The scholarships are available to students of the Departments of Civil Engineering and Geology.

AI-based approaches can provide a faster transition to net zero

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05.02.2024

According to McKinsey, machine learning, AI and physics-based models can accelerate decarbonisation efforts by more than 100 times.

Ioannis Metsovitis has been appointed as the General Manager of the New International Airport of Heraklion Crete

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02.02.2024

Ioannis Metsovitis has been appointed as the General Manager of the New International Airport of Heraklion Crete.

More than $60m have been invested in 4 real estate startups

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02.02.2024

Despite a challenging venture capital environment, contech startups have been able to demonstrate success in fundraising, even as the industry's largest companies struggle. Recently, four startups have recorded impressive funding closes just before the end of the year.

ENFIA reduction applicable for residences through the myPROPERTY platform

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02.02.2024

The digital process for reducing ENFIA for natural persons' residences, insured for natural disasters, begins on Friday, February 2.

Real estate properties as an investment asset were less attractive in 2023

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02.02.2024

Geopolitical events and high inflation rates caused commercial real estate investors to remain cautious and distant in 2023.

Eurobank and Piraeus back the financing a PPC Renewables photovoltaic project

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01.02.2024

Eurobank acted as the event coordinator, and Eurobank and Piraeus Bank served as co-organizers for the signing of the syndicated financing of Phoebe Energy Sole Proprietorship S.A. This subsidiary of PPC Renewables completed the financing as part of the National Recovery and Resilience Plan known as "Greece 2.0".

ΙΟΒΕ: Greek economic sentiment index improves mainly due to business and construction sectors

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01.02.2024

According to IOBE data, Greek economic sentiment index has improved in January 2024, with a reading of 107.2 points, up from 105.8 points in December 2023. Meanwhile, in the rest of Europe, the corresponding indicators have remained constant on average.

Mytilineos completed the acquisition of Imerys Bauxites

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01.02.2024

Mytilineos completed the acquisition of Imerys Bauxites.

Annual inflation rate in Greece dropped to 3.2% in January

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01.02.2024

According to Eurostat data, the annual inflation rate in Greece dropped to 3.2% in January.

Serge Joris appointed new CEO of Frigoglass Group

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01.02.2024

Frigoglass Group announced that Serge Maurice Charles Joris, a seasoned and visionary executive with significant global experience, joins its senior leadership team as Group CEO. Mr. Joris starts his tenure on Thursday, 1 February 2024, taking over from Manos Metaxakis, Group CFO, who in September 2023 assumed the additional responsibilities of General Manager – Interim.

The deficit in the Greek residential market estimated at 212.000 units

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01.02.2024

A new study by Piraeus Bank refers to the huge "gap" that exists in the domestic real estate market between supply and demand.