Attica Bank adopts new operating model

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06.07.2022

The commitment and support of the shareholders and its management, so that Attica Bank move forward and become operationally profitable based on a new operating model, which will ensure its sustainable development and the substantial support of the development path of the Greek economy, was sealed the annual regular general meeting of the bank's shareholders.

Elxis data unveils intense investment interest from German nationals in Greek residential properties

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06.07.2022

Germans have climbed to top place among foreign home buyers in Greece, spending increasing amounts on beachside property in areas such as Crete and the Ionian islands.

Hellenic Cables to supply Hai Long offshore wind farm project in Taiwan

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06.07.2022

Hellenic Cables, the cables segment of Cenergy Holdings, has been awarded by Hai Long 2 and 3 Offshore Wind Project, an Exclusivity and Capacity Agreement (ECA for the supply of 66 kV XLPE-insulated inter-array cables and associated accessories.

Student housing market conditions are continuesly deteriorating

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06.07.2022

In recent years, the search for a quality property has been a difficult process following the rapid increase in registered properties on short-term rental platforms (e.g. Airbnb), resulting in decreasing number of available properties many areas of Athens, such as Koukaki, but also in areas of the Historic Center and beyond, the short-term rental phenomenon changed the map of student housing.

ERGOSE inks contract with TERNA SA. - Mytileneos S.A. consortium for Kiato-Rododafni project

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06.07.2022

ERGOSE inks contract with TERNA SA. - Mytileneos S.A. consortium to develop the electrification project on the new high-speed railway line that connects Kiato with Rododafni.

Greek government declares a is €200pMW subsidy in July

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06.07.2022

The Minister of Environment and Energy Kostas Skrekas announced significantly increased subsidies to cover part of the electricity cost in July.

Baku, Kaimenakis and Exarchos' WINEX INVESTMENTS acquires stake in Intrakat

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05.07.2022

Intracom Holdings group announced the successful completion of the talks with investors for its stake in Intrakat.

RWE and the HELLENIC PETROLEUM join forces to develop wind parks in Greece

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05.07.2022

This cooperation becomes even more important when considering Greece's goal to commission 2 Gigawatts (GW) of offshore wind power by 2030.

Deutsche Telekom declares the development on an IT hub based in Thessaloniki

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05.07.2022

Deutsche Telekom, the main shareholder of OTE telecommunications group, has stepped in to create an information technology and software center in Thessaloniki.

Orilina engages in the refurbishment of a historic property in Piraeus city

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05.07.2022

Orilina Properties REIC acquired c.2,000sqm of building area spanning across 3 floors, part of a long-history (“Kalamaris Mansion” / “Parthenon Hotel”), listed building in Piraeus.

TRAINOSE was rebranded into ΗΕLLENIC TRAIN

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04.07.2022

TRAINOSE S.A. is being rebranded into "Hellenic Train S.A." marking a dynamic restart for Greek railways and transport: the beggining of a "Journey to the Transportation of Tomorrow".

The Municipality of Palaio Faliro is being enhancing its recycling program

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04.07.2022

The municipality of Palaio Faliro is proceeding with the implementation of a comprehensive recycling and waste collection plan.

Intrakat has started working on the Paphos - Polis Chrysochous Motorway construction

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04.07.2022

Intrakat has announced the beggining of construction works on the Paphos - Polis Chrysochous Motorway, in Cyprus, amounting to 86.84 million euros.

European e-commerce grew by 13% in 2021

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04.07.2022

In 2021, European e-commerce grew by 13% to 718 billion euros according to a report issued by the Hellenic E-Commerce Association, E-commerce Europe and EuroCommerce.

CBRE IM acquires the Red Hook logistics in Brooklyn

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04.07.2022

DH Property Holdings, LLC, a leading developer of urban infill industrial logistics facilities, and the Real Estate business within Goldman Sachs Asset Management (Goldman Sachs) have sold their interest in 640 Columbia Street, a three-story, 400,000-square-foot logistics facility in Red Hook, Brooklyn, to CBRE Investment Management.