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The basic metals industry is one of the top earners, exporters and important employers for the Greek economy.
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LAMDA Development FY2021 consolidated net result, after taxes and minority interest, amounted to €191million profit, compared to €52million loss in FY2020.
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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.
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GARBE Institutional Capital has acquired the technology property "Mäander" from the investor and real estate developer asto Group.
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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.
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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.
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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.
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In 2021, the consolidated turnover amounted to €13,3 million compared to €15,2 million in 2020.
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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.
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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".
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Home rental company Airbnb Inc said it had suspended operations in Russia and Belarus.
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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.
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By decision of the Deputy Minister of Development and Investment Mr. Ioannis Tsakiris was signed by the Special Secretariat for Program Management ERDF & TA on 30-03-2022, the inclusion of the act "Expansion and improvement of the maneuvering field of Naxos State Airport" -with a total budget of € 23.07 million- in the Operational Program "Transport Infrastructure, Environment and Sustainable Development 2014-2020" with the beneficiary the Airport Infrastructure Department (D.Y.A.).
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The first hydrocarbon drilling is expected to begin as soon as possible in the Ionian Sea areas and those of Crete, which have been granted exploration rights.
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With an investment of over €80 million, the student accommodation project aims to meet demand from the nearby Politecnico di Milano university campus.