UPS announces voluntary exit program for thousands of drivers
The courier company announced that early retirement compensation offers will be limited to up to 7,500 drivers, as part of a settlement with the union, which had strongly opposed the company’s initial ...
Major infrastructure projects in Acharnes by the Attica Region
A major infrastructure investment exceeding €35 million is underway in the Municipality of Acharnes, led by the Region of Attica, focusing on flood protection, road upgrades, and urban renewal.At ...
New equilibria in property markets: insights into investor behavior
As highlighted in the 2025 report by the Governor of the Bank of Greece, interest from both buyers and investors remains active; however, the market appears to be entering a phase of more balanced gro ...
European expansion on hold for Miiro Hotels
According to the company’s CEO, Neena Gupta, speaking to Skift, no new openings are planned at least until the end of 2027, as management adopts a more cautious approach following the rapid expansion ...
Masoutis nears closure on AFOI Kontzoglou takeover
The transaction involves the acquisition of exclusive control by Masoutis S.A. and spans three key markets: wholesale supermarket sales, retail sales, and the provision of supply chain (logistics) ser ...
PHĀEA and Hotel Investment Partners enter strategic collaboration
Hotel Investment Partners (HIP) is a long-term institutional investor in the hospitality sector and one of the leading resort owners in Southern Europe, with capital sourced from Blackstone and GIC. I ...
Approved computational tool for building energy performance and classification
The platform, which utilizes the calculation engine of the TEE-KENAK software, has been positively evaluated and approved as a suitable computational tool for conducting the relevant assessments, foll ...
Political stability crucial for Greece’s economy, says Bank Governor Stournaras
As he emphasized, “In periods of heightened uncertainty, political stability is a decisive factor for economic resilience. The experience of recent years demonstrates that political stability and a pr ...
UK: Builders warn of rising costs and project delays
Specifically, the Home Builders Federation (HBF), representing the UK housing industry, welcomed the government’s recent interventions in the relevant regulations but emphasized that the measures are ...
Major Lidl Hellas investment to transform supply chain operations
The investment, backed by Lidl Hellas, aims to establish a state-of-the-art storage and distribution facility, designed to meet the evolving demands of modern retail and product management.The com ...
Referendum on TIF redevelopment rejected
It is recalled that the Thessaloniki City Council, following a marathon session lasting approximately eight hours, ultimately rejected the request to hold a referendum on the redevelopment of the Thes ...
Greece to deploy €5.3B via Social Climate Fund to support households and firms
With a total budget of €5.3 billion for the 2026–2032 period, the new scheme comes at a particularly critical juncture, as the European energy market remains under pressure and Greece is just six mont ...
Bucharest positioned as a key luxury retail hub in CEE
As noted by the real estate consultancy Cushman & Wakefield Echinox, the Romanian capital is steadily strengthening its position on the luxury retail map, supported by rising consumer purchasing p ...
ONEX charts path for 40 tugboats at Elefsina Shipyards
The investment plan concerns the construction of a total of 20 tugboats, with the possibility of expansion for an additional 20 vessels, based on designs from the Canadian firm Robert Allan Ltd., one ...
Ble Kedros: M. Evmorfidis’ stake falls to 34.11%
Specifically, as disclosed by the company, following notification received on April 2, 2026, from the major shareholder, a change in his voting rights occurred on March 31, 2026, due to the establishm ...