(IN BRIEF) With only 100 days until the Paris 2024 Olympic Games, anticipation builds as the Olympic Flame prepares to be ignited in Olympia, Greece. The Flame’s journey to France will commence with a historic ceremony featuring the participation of … Read the full press release
Posted in Business, Entertainment, France, Government, Greece, Industrial, Management, Media, News, Sports
Tagged celebration, Greece, Laure Manaudou, Olympia, Olympic, Olympic flame, Paris 2024, sport, Stefanos Douskos, Tony Estanguet, Torch Relay
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €108.3 million loan to Avis Greece to aid in the electrification of its car fleet. This investment is part of Avis Greece’s initiative to replace internal-combustion-engine vehicles … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Andreas Taprantzis, Andreea Moraru, Avis, Charlotte Ruhe, EBRD, Greece, Orestis Kavalakis, partnership, sustainability
(IN BRIEF) MYTILINEOS Energy & Metals, in partnership with Siemens Energy, has embarked on the construction of a 560 MW Combined Cycle Gas Turbine (CCGT) power unit at the Adamów Power Plant in Poland. The Engineering, Procurement, and Construction (EPC) … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Combined Cycle Gas Turbine (CCGT) Power Unit, construction, Germany, MYTILINEOS, partnership, Poland, Siemens Energy, sustainability
(IN BRIEF) Viasat, in partnership with Deutsche Telekom, has expanded its ground network for the European Aviation Network (EAN) to bolster in-flight broadband service in the Eastern Mediterranean Sea region. This expansion, featuring three new ground stations, complements over 300 … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Greece, Industrial, Investment, Management, News, Technology, Telecom, Travel
Tagged Aegean Airlines, Anne Geelen, Deutsche Telekom, Dimitris Gerogiannis, Greece, in-flight connectivity, partnership, Rolf Nafziger, Shameem Hashmi, sustainability, USA, Viasat
(IN BRIEF) The European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) are jointly injecting €160 million into a transformative project aimed at fortifying Crete’s agricultural resilience against climate risks. The initiative, centered around the Platys agricultural … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged agricultural, CEB, Christos Staikouras, Climate Risks EIB, investment, Kostas Hatzidakis, Kyriacos Kakouris, partnership, sustainability, Tomáš Boček
(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Science, Small Business, Technology
Tagged Christos Staikouras, Dr. Katerina Kouravelou, EIB, Greece, Kostas Skrekas, Kostis Hatzidakis, Kyriacos Kakouris, partnership, Prof. Xenia Chryssochoou, Research & Innovation, SMEs, sustainability
(IN BRIEF) In a pioneering move for Greece’s road infrastructure, the Rion-Antirrion bridge, operated by Gefyra, a subsidiary of VINCI Highways, unveils a special e-pass exclusively for electric vehicles, effective from February 1st, 2024. As part of VINCI Highways’ commitment … Read the full press release
(IN BRIEF) Lightsource bp, a leading solar energy developer, has been honored with the Investment Award at the inaugural UK-Greek Business Awards, organized by the British Embassy Athens and the British Hellenic Chamber of Commerce. This recognition highlights the company’s … Read the full press release
(IN BRIEF) RWE and PPC, in collaboration through their joint venture company Meton Energy S.A., are accelerating Greece’s energy transition by investing in solar projects with a collective capacity of nearly 1 gigawatt. The final investment decision has been made … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Costas Papamantellos, energy transition, Greece, Katja Wünschel, Konstantinos Mavros, Meton Energy S.A., partnership, PPC, RWE, solar projects, sustainability
(IN BRIEF) Hellas Sat and Thales Alenia Space have entered into a partnership to develop an optical communication payload for the upcoming Hellas Sat 5 telecommunications satellite. The aim is to offer cutting-edge communication services with high data rates from … Read the full press release
Posted in Aviation & Aerospace, Business, France, Greece, Industrial, Technology, Telecom
Tagged CNES, ESA, France Relance, Hellas Sat, Hellas Sat 5 telecommunications satellite, LEO HydRON telecommunication satellite, Leonardo, optical communication payload, Thales, Thales Alenia Space, Vertigo H2020 programme
(IN BRIEF) Sunlight, a prominent battery manufacturer and member of the Olympia Group, has secured a €25 million loan from the European Investment Bank (EIB) to bolster its lithium battery production capacity at its cutting-edge facility in Xanthi, Greece. With … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Greece, Kyriacos Kakouris, Lampros Bisalas, Lithium Battery Production, Olympia Group, partnership, sunlight, sustainability
(IN BRIEF) The Athens-Patras highway, part of VINCI Highways’ network, has become Greece’s first smart highway to implement adaptive lighting. This innovative system adjusts lighting intensity based on traffic conditions and driving quality, enhancing safety and energy efficiency. The technology … Read the full press release
Posted in Construction, Environment, Greece, Industrial, Infrastructure & Utilities, Technology
Tagged adaptive lighting system, Athens-Patras Highway, Environmental awards, Ex Machina, EXM, Extrabit, Greece, highway lighting, Invision AI, LED lights, National Technical University of Athens, NTUA, smart lighting system, VINCI Highways
(IN BRIEF) The Vodafone and WWF partnership, initiated in November 2022, has marked its first-year milestone with the “One Million Phones for the Planet” campaign. Vodafone collected 210,000 used phones for responsible recycling and refurbishing during this period. This initiative … Read the full press release
Posted in Business, Economy, Environment, Greece, Industrial, Management, News, Technology, Telecom, United Kingdom
Tagged Anne Stilling, environmental impact, Justin Smith, Kate Norgorve, partnership, phone recycling, sustainability, Sustainable Choices, vodafone, WWF
(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Romania
Tagged acquisition, Alpha Services and Holdings S.A., Greece, HFSF, partnership, Romania, sustainability, UNICREDIT
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million 15-year loan agreement with the Hellenic Electricity Distribution Network Operator (HEDNO) to support the deployment of electricity smart meters across Greece. This initiative aims to enhance the efficiency … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Greece, Luxembourg, Technology
Tagged EIB, electricity smart meters, energy distribution, energy transition, Greece, HEDNO, Hellenic Electricity Distribution Network Operator, Mr Anastasios Manos, renewable energy, The European Investment Bank, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) and Veridos Matsoukis, a secure identity document printer, have agreed on a €10.5 million 10-year loan to expand Greece’s capacity to produce secure passports, identity cards, and official documents. This investment project, totaling … Read the full press release
Posted in Banks, European Union, Financial, Government, Greece, Security & Safety
Tagged Dimitris Matsoukis, EIB, EIB financing, European Investment Bank, European security, Greece, identity cards, Marc-Julian Siewert, official documents, passports, secure ID documents, secure identity documents, SESI initiative, Veridos Matsoukis, Werner Hoyer
(IN BRIEF) MYTILINEOS Energy & Metals has achieved an “AA” excellent rating for Environmental, Social, and Governance (ESG) practices in the Morgan Stanley Capital International (MSCI) index. This recognition comes just one year after MYTILINEOS entered the MSCI ESG index … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Greece, Industrial, Management, Metals and Minerals, News
Tagged 'AA' Rating, Awards, Dimitris Papadopoulos, ESG Excellence, MSCI Index, MYTILINEOS, sustainability
(IN BRIEF) MYTILINEOS Energy & Metals, a global manufacturer and contractor of solar energy and energy storage projects, has achieved significant milestones in its solar projects in Spain. The Jaen and Guillena solar projects, each with 50 MW capacity, have … Read the full press release
(IN BRIEF) MYTILINEOS Energy & Metals has collaborated with the Association of Social Responsibility for Children and Youth (SKEP) to support the “Focus on the Person” Disability Awareness Educational Program in Attica schools during the 2022-2023 school year. The program … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Greece, Industrial, Management, Metals and Minerals, News, Society
Tagged Attica Schools, Disability Awareness, MYTILINEOS, partnership, SKEP, society
(IN BRIEF) HELLENiQ ENERGY’s subsidiary, HELLENiQ Renewables, has signed a financing framework agreement of up to €766 million with National Bank of Greece S.A. and Eurobank S.A. The agreement aims to implement multiple financing arrangements for electricity generation from Renewable … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Eurobank, Greece, HELLENiQ ENERGY, HELLENiQ Renewables, Konstantinos Vassiliou, National Bank of Greece, partnership, renewable energy, sustainability, Vassilis Karamouzis
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