Greek CPI soars 8,9% in March 2022

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08.04.2022

The Consumer Price Index in March 2022 compared with March 2021, increased by 8.9%, according to data unveiled by ELSTAT earlier today.

The Municipality of Haidari declares a €8,8M urban refurbishment project

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07.04.2022

The municipality of Haidari will proceed with the complete renovation of a densely populated and highly "loaded" area.

EDP secures 70 MVA of grid connection capacity in Portugal

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07.04.2022

Madrid-based renewables developer EDP Renovaveis SA announced that it has secured 70 MVA of grid connection capacity and a 15-year contract-for-differences (CfD) in Portugal's floating solar auction.

The recent developments in the Greek Metals Manufacturing industry

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07.04.2022

The basic metals industry is one of the top earners, exporters and important employers for the Greek economy.

Lamda Development reports improved shopping centers' aggregate value

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07.04.2022

LAMDA Development FY2021 consolidated net result, after taxes and minority interest, amounted to €191million profit, compared to €52million loss in FY2020.

Inauguration ceremony for HELPE's photovoltaic park in Kozani

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07.04.2022

HELPE's 204 MW photovoltaic park is the largest Renewable Energy Sources (RES) unit in the Southeast Mediterranean region and one of the largest in Europe.

GARBE invests in acquires Mäander development near Munich

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07.04.2022

GARBE Institutional Capital has acquired the technology property "Mäander" from the investor and real estate developer asto Group.

Corinth Pipeworks seals another deal in the Norwegian North Sea

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07.04.2022

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.

Quest Group reports improved results in 2021

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07.04.2022

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.

Asking rents for residential properties in Athens keep an upward trend relative to regional cities

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05.04.2022

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.

Alpha Astika Akinita reports reduced sales in 2021

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05.04.2022

In 2021, the consolidated turnover amounted to €13,3 million compared to €15,2 million in 2020.

Epsilon Net acquires an autonomous building complex in Thessaloniki

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05.04.2022

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.

FDI in Greece has been consistently directed into real estate during the last four years

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05.04.2022

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".

Airbnb suspends operations in Russia and Belarus

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05.04.2022

Home rental company Airbnb Inc said it had suspended operations in Russia and Belarus.

More investors are now interested in the insolvent Romanian sunoil producer Mandra from Barlad assets

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04.04.2022

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.