The company "MYRINA VILLAGE," owned by Smpokos-Vasilakis, has submitted a request to "Enterprise Greece A.E." for the inclusion of its investment plan, "PHĀEA– South Crete: Integrated Tourism Development Plan," under the provisions of the Law on Strategic Investments (Law 4864/2021).
Trastor REIC concluded 2024 with remarkable profitability growth, dynamic portfolio expansion, and strategic investments that further reinforced its market leadership position. With net profit reaching €33.4 million compared to €22.6 million in 2023 (+47.5%) and new investments totaling €154.4 million, the Group solidified its leadership in the green office and logistics sectors, shaping a high-quality portfolio valued at €670.5 million.
Younger generations are showing a strong preference for electric vehicles, driving the push for greater electrification, while actively seeking sustainable solutions to address their evolving mobility needs.
A 2.3% growth was recorded in the Greek economy last year, following a 2.6% increase in GDP in the fourth quarter of 2024 compared to the same period in 2023.
The certification of ten state-operated airports has been successfully finalized, meeting the standards set by the European Union Aviation Safety Agency (EASA).
High demand was observed during DESFA's auction process for the reservation of LNG unloading slots and regasification capacity at the Revithousa LNG Terminal.
Property prices in areas surrounding metro stations in Thessaloniki have increased by up to 60%, according to a survey by Cerved Property Services, which was presented at the recent conference of the Hellenic Association of Valuers (S.E.K.E).
Mortgage rates in the U.S. fell last week to a nearly three-month low, boosting demand in the housing market and triggering refinancing and home purchases.
The European Central Bank (ECB) has reduced its interest rates by 0.25%.
A new significant investment is being promoted in Bulgaria by the TERNA ENERGIAKI Group.
A new decision by the Minister of Environment and Energy, Mr. Theodoros Skilakakis, expands the beneficiaries of the "Execonomo 2025" program to include individuals affected by the floods that occurred between September 17 and 20, 2020. These floods had a significant impact on several rural areas in the Regions of Thessaly, Peloponnese, and Central Greece. For these affected individuals, increased subsidy rates (ranging from 80% to 100%) will be applied, with a dedicated budget of €91.3 million allocated for their support.
This project represents the second major step in the completion of the interconnection between the Aravissos and Aliakmonas aqueducts, which are two of the primary water sources for Thessaloniki. The first phase of the interconnection, which involved the network systems and water transfer facilities for the serviced areas, was completed in December 2019.
The architectural firm Foster + Partners remains at the forefront of the international urban design and real estate scene, undertaking large-scale projects in various geographic regions.
The Municipality of Ioannina is proceeding with extensive interventions to improve school facilities, utilizing every available funding source.
Construction of the Perigiali Road Axis within the City Plan of Kavala" in the Municipal Unit of Kavala, by the Municipality of Kavala.