Masdar Submits Mandatory Public Offer for TERNA Energy

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19.12.2024

Masdar has submitted a mandatory public offer for TERNA Energy as part of the finalization of its acquisition agreement with the energy group.

Environmental Licensing for Nafplio Waterway Approved

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19.12.2024

After several years of persistent efforts, the Nafplio waterway has finally received environmental licensing, with the infrastructure approval granted following a meeting of the Central Archaeological Council (KAS). This marks a significant milestone in the project’s progress, bringing the region closer to realizing its plans for a modern waterway network that will enhance tourism and the local economy.

MotorOil declares interim dividend payment for the 2024

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19.12.2024

MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. announced that the Board of Directors of the Company in its meeting dated October 29th, 2024 decided the distribution of an interim dividend of Euro 0.30 per share as advance payment for the fiscal year 2024 dividend.

Natalia Strafti was appointed CEO of Grivalia Hospitality

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19.12.2024

Ms. Natalia Strafti will assume the role of CEO at Grivalia Hospitality, effective January 1, 2025. The company’s founder, George Chryssikos, will continue to play an active role as Executive Chairman, ensuring ongoing leadership and strategic guidance for the organization.

Restructuring of the Railway Sector: Draft Law Presented for Discussion and Voting in Parliament

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19.12.2024

The Ministry of Infrastructure and Transport's bill titled "Restructuring the Railway Sector and Strengthening Transport Regulatory Bodies" is set to be introduced for discussion and voting in the Plenary Session of Parliament. The bill was approved by a majority vote in the Production and Trade Committee on December 17th.

The progress of key projects in the Ellinikon

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19.12.2024

An even greater intensification of work is anticipated in the upcoming period at Lamda Development's major project in Hellinikon, despite the ongoing challenges in the construction market, primarily driven by a shortage of skilled labor.

Suspension of New Building Permits with NOK Incentives

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18.12.2024

The Ministry of Environment and Energy is suspending building permits that utilize NOK incentives until the Council of State's decision is issued.

90% to 95% of agricultural plots in Mykonos fail to meet building permit preconditions

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18.12.2024

POMIDA requests that the competent authorities maintain the current four-acre building permit limit for existing plots that were not impacted by the suspension of permits, rather than adopting the proposed eight-acre limit outlined in the Special Urban Plan of Mykonos. Furthermore, POMIDA advocates for the continuation of the approval process for building permits that are already in the pre-approval stage and have received a protocol number.

Progress of the Cambas Project Investment

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18.12.2024

The historic Cambas winery in the Kantza region is being revitalized by REDS, a subsidiary of the ELLAKTOR group. The lighting of its chimney marks the commencement of the final phase of implementation of the Cambas Project.

The "My Home II" Program: Published Terms, Conditions, and Timeline

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18.12.2024

The Joint Ministerial Decision outlining the terms and conditions for participation in the "My Home II" program has been published in the Government Gazette.

Dimand's Kifissias office complex acquired by Eurobank

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17.12.2024

Dimand announced the completion of the sale to Eurobank of Severdor, owner of the plot of land at 65 Kifissias Avenue in Maroussi, on which a state-of-the-art office complex has been erected.

Ongoing bridge and roadworks in the region of Central Macedonia

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17.12.2024

The Technical Works Directorate of the Region of Central Macedonia will begin the replacement of contraction-expansion joints on the Axios and Vardarovasi bridges along National Road 2 (Thessaloniki - Edessa) starting today, Tuesday, December 17, and continuing through Thursday, December 19. Work will take place daily from 7:00 AM until sunset, subject to prevailing weather conditions.

BC Partners sold Synthon to Goldman Sachs

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17.12.2024

In a landmark transaction, BC Partners has sold a majority stake in Synthon, a prominent pharmaceutical company specializing in the development and production of generic drugs, to Goldman Sachs Asset Management.

IPTO and Serverfarm consortium partner for data center development in Greece

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17.12.2024

IPTO and Serverfarm have signed an agreement to join the Gemini consortium with the objective of developing and operating state-of-the-art, hyperscale-ready Data Centers in Greece.

Accommodation businesses record 17.7% increase in rurnover for October 2024

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17.12.2024

The Hellenic Statistical Authority (ELSTAT) announced data on the evolution of turnover of enterprises in the Accommodation and Food and Beverage Service Activities divisions, per Regional Unit, incorporating the most recent data on turnover from Administrative Sources for October 2024.