Telecoms company Wind Hellas increased its turnover in 2019 by 3.6% to €531.7 million, from 513 million in 2018, published results show.
In response to the continued climb in coronavirus cases, companies are introducing a series of measures ahead of the return of employees from their summer vacations.
Hotels may be losing serious money, as the coronavirus pandemic is spiking again, but old investments had to be completed; hence the latest addition to Athens’ boutique hotels, which opens Friday.
Jewelry and fashion accessories company Folli Follie sustained losses of 121 million euros during 2019, or 44% less than in 2018, according to results as yet uncertified by chartered accountants.
Looking at the first-half results published by listed companies last week, it is easy to understand why they are having nightmares about a second wave of the coronavirus pandemic.
Traffic at Greece’s 14 regional airports managed by German transport company Fraport has been hit hard by the coronavirus pandemic.
State corporations have finally got audit committees monitoring them, after a three-year delay, in the hope that they will improve their performance to the benefit of the state and its other stakeholders.
The first step in Greece’s transition to fifth generation cellular networks (5G) – delivering speeds 100 times faster than 4G – has been taken by the Hellenic Telecommunications & Post Commission (HTPC).
The European Union’s environmental targets for 2030 will require extra capital of 260 billion euros across the bloc, with Greece standing to benefit significantly from the swing to "green energy" per the European Green Deal.
The years-long aim to lure the ultra-wealthy to Greece through favorable tax incentives appears to be on the way to becoming a reality.
Next year Greece will revert to the economic output of 2017, losing the additional wealth it painfully built over the last three years, while this year it will see its economy shrink by 8.5%, leading consultancy Grant Thornton projects in a report.
The acceleration of the state’s digital transformation through the Gov.gr platform has brought to the surface two rather unknown aspects, according to people who are closely following this venture.
A total of 104 flights from abroad are scheduled to land at the country’s regional airports on Wednesday as borders reopen to foreign visitors from specific countries. This figure is down from 150 that had been expected to arrive up until late Tuesday.
Monday’s resumption of a considerable number of international flights to Athens and Thessaloniki produced a marginally satisfactory occupancy rate for Aegean Airlines, Kathimerini understands.
The government on Thursday announced the allocation of 115 million euros to support the local airline industry, which Greek flag carrier Aegean Airlines considered positive but “too little in comparison with other European Union states.”
Two full years after the scandal broke at Folli Follie, the troubled jewelry company’s new management is close to completing its streamlining plan and starting the restructuring process according to the bankruptcy code, Kathimerini understands.
The possibility that Greece could develop its own version of Silicon Valley has grown more likely, as the state has recovered ownership of the 760,000-square meter plot at Peraia in Thessaloniki, where a fourth-generation technology park is to be developed.
Two tourism investment projects adding up to 110 million euros have just got that bit closer to implementation after the issue of two necessary decisions.
The high demand for home repairs during the spring lockdown in Greece will likely give Douleutaras, an online platform for finding technicians, its first year of profit in 2020 since it was founded in 2015, according to chief executive Andreas Grammatis.
The local airline industry considers the Tourism Ministry’s health protocols for this summer season to be feasible and realistic, after Minister Haris Theocharis recently presented the protocols’ main points at an online event.