PPC ink exclusivity agreement with Enel Group for possible acquisition of the latter's stake in Romania

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15.12.2022

Enel S.p.A. announced that has entered into an Exclusivity Agreement with Greek company Public Power Corporation S.A. (“PPC”) in relation to the potential disposal of all the equity stakes held by Enel Group in Romania (“Target Assets”).

Deadline extension for the small off-plan plots deviations' arrangements

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15.12.2022

The Ministry of the Environment submitted in parliament a legislative regulation -comprised in a Ministry's of Health bill- to adjust the conditions under which stadiums with an even deviation will be possible to maintain buildability status beyond the December 9, 2022 deadline that was in force until today.

€40M in infrastructure projects are currently being deployed in Greek territory

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14.12.2022

Minister Kostas Karamanlis speaking at the Hellenic-French Forum in Paris unveiled plans of c.€13M infrastructure projects that are to be implemented by the Ministry of Infrastructure and Transportation. From these projects more than €10 billion have been tendered and almost €5 billion contracted

Land Registry declaration applications deadline is expected to be extended by seven more months

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14.12.2022

The possibility of declaring written rights in the Land Registry will be extended by seven months, i.e. until July 31, 2023, without imposing a fine on property owners who delayed the submission of declarations during the land registration by region of the country. This possibility is being examined under a provision that is expected to come in Greek Parliament.

Twitter reportedly hasn’t paid rent on its office spaces for weeks

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14.12.2022

In an effort to cut costs following Elon Musk’s $44 billion acquisition of Twitter, the social media company has stopped paying rent, according to a report from The New York Times.

Mitsis group was declared the successful bidder to transform former IDEAL cinema premises into a 4star hotel

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14.12.2022

Mitsis group was declared the successful bidder to transform an EFKA's preserved property into a four star hotel through a relevant tender of the insurance fund, offering €70,000 as a monthly rent.

Signs of market saturation in the Athenian hotel industry

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13.12.2022

The rapid spread of short-term rental accommodation has covered an overwhelming percentage of the large increase in demand for accommodation services in recent years in Athens

The refurbished Athens Conservatory

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13.12.2022

The refurbished Athens Conservatory was inaugurated by the President of the Greek Republic Katerina Sakellaropoulou

TITAN Group achieves top score A by CDP for leading climate action

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13.12.2022

TITAN Group has received a top “A” score on climate action from the environmental non-profit organization CDP*.

Winter holiday homes' asking prices plunge this season

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13.12.2022

Remarkable reduction in winter holiday homes' asking prices was recorded accroding to Geoaxis, Winter Home Value Observatory. The COVID-19 in addition to the current difficult economic conditions are negatively affecting this particular market with prices reduced by approximately half (-56%) compared to the high values of 2008.

Blé Kedros REIC declares intention to appeal for the fines due to the Greek state

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13.12.2022

Blé Kedros REIC confirms appeal before the competent authorities and courts in an announcement to the Athens Stock Exchange regarding the construction fine of €4,717,857.80 and the maintenance fine of €2,358,928.90 for its five star hotel Faliro Street.

MYTILINEOS will be included in the Dow Jones Sustainability Indices

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13.12.2022

MYTILINEOS joins the top global industry leaders in sustainability and environmental performance

Plaisio Computers S.A. reports improved results in the third quarter of 2022

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12.12.2022

Plaisio Computers S.A., presented its fundamental financial figures, on a consolidated basis, for the nine-month period of the current financial year.

The Overall Greek IPI recorded a decrease of 2.5% in October 2022

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12.12.2022

The Overall Industrial Production Index in October 2022 recorded a decrease of 2.5% compared with October 2021, according to data released by ELSTAT earlier today.

Rainier invests in major industrial unit

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12.12.2022

A major industrial unit in Farnham has new owners after a seven-figure deal was agreed.