INDUSTRY


mytilineos-acquires-irish-solar-projects
ECONOMY

Greek industrial conglomerate Mytilineos on Thursday announced the acquisition of a 14MW solar development portfolio in Ireland from Elgin Energy, a leading solar development platforms across the UK and Ireland.

industrial-output-up-22-5-y-o-y-in-april
ECONOMY

Greek industrial output rose 22.5% in April compared to the same month last year, after an upwardly revised 5.7% in March, data from statistics service ELSTAT showed on Thursday.


industrial-output-jumps-in-april
ECONOMY

Greek industrial output rose 22.5% in April compared to the same month last year, after an upwardly revised 5.7% in March, data from statistics service ELSTAT showed on Thursday.

price-hikes-hurting-exporters
ECONOMY

Exporting companies are increasingly facing a dilemma between containing their losses by passing increases in production costs due to steeper prices for raw materials onto their customers, or absorbing the hikes themselves so as not to damage the competitiveness of their products.

economic-sentiment-returning-to-pre-pandemic-levels
ECONOMY

The economy appears ready to rebound for good, as the Economic Sentiment Index of the Foundation for Economic and Industrial Research (IOBE) has returned to the same high it enjoyed before the pandemic, reaching 108.6 points in May, from 97.9 points in April.


ford-to-produce-transit-van-in-turkey
INDUSTRY

Ford Motor Co said on Tuesday that the next version of its Transit van for the European market will go into production in Turkey in 2023 and include fully electric and hybrid variants along with the combustion-engined version.

six-suitors-likely-to-bid-for-larco-assets
BUSINESS

Six candidates have expressed their interest in a tender to buy Larco General Mining & Metallurgical Company assets, including the leasing of the mining complex in Larymna.



staikouras-hellenic-vehicle-industry-can-be-lever-for-growth
ECONOMY

After six years of no progress and processes that went back and forth without result, the Hellenic Vehicle Industry (ELVO) could finally become a lever for growth for Greece’s economy, especially in the country’s north, Finance Minister Christos Staikouras said on Tuesday. 

greek-mink-farmers-expected-to-raise-production
ECONOMY

Denmark’s coronavirus-driven mink cull has put the fur business in a spin, with industry officials expecting fashion houses such as Louis Vuitton, Dior and Fendi to snap up fox and chinchilla to fill the gap. 


greece-is-the-world-s-fourth-biggest-marble-exporter
ECONOMY

Greece stands fourth worldwide in the export of marble blocks and slabs, shipping 76% of its production to 120 countries, the president of the Macedonia-Thrace Association of Marble Businesses, Julie Chaida, said this week. 

public-private-partnership-projects-to-revive-big-infrastructure-construction
IMAGES

New public-private partnership infrastructure projects budgeted at a total 500 million euros are expected to revive the Greek construction sector after almost three years of diminished activity, especially as far as large-scale projects are concerned. The two most important projects are in northern Greece: The upgrade of Thessaloniki’s eastern inner ring road alone will cost €370 million. The financial adviser of the project will be chosen soon, paving the way for the publication of a competitive tender. However, actual work on the project, also known as “The Flyover” is not expected to begin until early 2022.