Tag Archives: Greece

European Research Collaboration by Merck and Intel Pioneers AI-Driven Sustainability in Semiconductor Manufacturing

(IN BRIEF) Merck and Intel have launched a collaborative academic research initiative in Europe, bringing together eleven institutions from six countries. The program focuses on using Artificial Intelligence (AI) to make semiconductor manufacturing more sustainable, with research projects dedicated to … Read the full press release

Vodafone Connects Crete to Global Network with New IEX Subsea Cable Landing

(IN BRIEF) Vodafone Greece has linked Crete to the India-Europe-Xpress (IEX) subsea cable system via a new landing station in Tympaki, creating a new route for data traffic that strengthens connectivity and resilience on the island. Part of a broader … Read the full press release

Angelicoussis Group’s Maran Tankers Taps GTT for LNG Dual-Fuel Suezmax Fleet Support, Strengthening Sustainable Maritime Operations

(IN BRIEF) GTT has entered into a technical services contract with Maran Tankers, part of the Angelicoussis Group, to support its upcoming fleet of eight LNG dual-fuel Suezmax vessels, which were ordered in 2023 from New Times Shipyard in China. … Read the full press release

Thyssenkrupp and TITAN Group Collaborate on Major Carbon Capture Project in Greece

(IN BRIEF) Thyssenkrupp has partnered with TITAN Group to advance one of Europe’s largest carbon capture initiatives, the IFESTOS project, which focuses on modernizing the Kamari cement plant in Greece. The collaboration will integrate advanced oxyfuel technology, enabling the facility … Read the full press release

Apollo Acquires Stake in bp’s Trans Adriatic Pipeline, Exploring Further Energy Collaboration

(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release

Greek Cities Adopt FUSO eCanter Electric Trucks for Eco-Friendly Waste Collection

(IN BRIEF) Athens and Thessaloniki have ordered 89 FUSO eCanter electric trucks, equipped with advanced waste collection systems from KAOUSSIS, to enhance their urban waste management. These emission-free trucks are designed for efficient operations in narrow city streets and feature … Read the full press release

Greece Now Magazine: A Luxurious Gateway to Hellenic Excellence in the Arab World

(IN BRIEF) Greece Now, a leading luxury magazine showcasing Greek culture, is featured as an exclusive insert in Harper’s Bazaar Arabia’s 2024 issue. Founded by Vivi Andritsou, Nicholas Papapavasiliou, and Vassilios Nicolaos Vitsilogiannis, Greece Now serves as a cultural bridge … Read the full press release

Juwi GmbH Finalizes Sale of Largest PV Portfolio in Company History

(IN BRIEF) Juwi GmbH has sold a 267 MW photovoltaic portfolio in Greece to Foresight and Mirova, marking the largest project in its history. Juwi will serve as the EPC and O&M contractor, with construction starting in August 2024. This … Read the full press release

EIB and Greece’s Systemic Banks Launch €700 Million Guarantee Programme for Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) and Greece’s four systemic banks—Alpha Bank, National Bank of Greece, Eurobank, and Piraeus—have introduced a €700 million guarantee programme to support mid-cap businesses. This initiative aims to facilitate €1.4 billion in new financing … Read the full press release

EIB Grants €390 Million to DEPA Commercial for Large-Scale Solar Projects in Greece

(IN BRIEF) The European Investment Bank (EIB) has provided a €390 million loan to Greek energy supplier DEPA Commercial SA to build and operate solar-energy farms in Greece. This loan supports DEPA’s €500 million renewable energy investment plans, with new … Read the full press release

Schroders Greencoat Acquires UK-Based Solar Portfolio from METLEN Energy & Metals

(IN BRIEF) Schroders Greencoat has acquired a UK-based solar portfolio from METLEN Energy & Metals, strengthening its position as the largest manager of ground mount solar farms in the UK, with a total capacity of 1.9 GWp. The portfolio includes … Read the full press release

SGS Partners with Jetoil to Implement Fuel Quality Certification Program Across Greece

(IN BRIEF) SGS has formed a partnership with Jetoil, a leading fuel retailer in Greece with 113 gas stations. Through this collaboration, SGS will implement its Fuel Quality Certification Program, known as the Seal of Quality, across all Jetoil stations. … Read the full press release

Alfa Laval Showcases Sustainable Marine Solutions at Posidonia 2024

(IN BRIEF) Alfa Laval is set to present its comprehensive range of marine equipment, solutions, and services at the upcoming Posidonia 2024 shipping exhibition in Athens, Greece. The company’s participation emphasizes its commitment to supporting sustainable shipping practices. Alfa Laval’s … Read the full press release

EIF and Greek Government Launch €200 Million Equity Fund to Boost Innovation in Life Sciences and Sustainability Sectors

(IN BRIEF) Greek startups and SMEs in life sciences, healthcare, and sustainability sectors are set to receive a significant boost with the launch of a €200 million equity agreement managed by the EIF arm of the EIB Group. The agreement, … Read the full press release

EIF’s €200 Million Equity Mandate Boosts Greek Innovation and Sustainability

(IN BRIEF) The Hellenic Republic has entrusted the European Investment Fund (EIF) to manage €200 million from European structural funds and national resources to provide equity financing for Greek startups and SMEs in the life sciences, healthcare, and sustainability sectors. … Read the full press release

EU Blue Champions Program Unveils Top Ocean Innovators, Promotes Sustainable Growth

(IN BRIEF) The European Commission and the European Investment Bank revealed the 20 selected “EU Blue Champions,” representing diverse sectors such as tidal and wind energy, underwater robotics, and satellite data applications. Chosen from Croatia to Sweden, these champions demonstrated … Read the full press release

European Investment Fund Commits €4.5 Billion to Bolster Greek SMEs and Green Economy

(IN BRIEF) The European Investment Fund (EIF) has inked guarantee agreements with Greece’s top four banks, including Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, aiming to unlock up to €4.5 billion in financing for Greek small and … Read the full press release

CNP Assurances Enters Negotiations to Sell Insurance Operations in Cyprus and Greece to Hellenic Bank

(IN BRIEF) CNP Assurances has initiated exclusive negotiations with Hellenic Bank for the sale of its insurance operations in Cyprus and Greece. These operations, conducted through CNP Cyprus Insurance Holdings (CIH), represent a small fraction of CNP Assurances Group’s total … Read the full press release

MYTILINEOS and Powerledger Revolutionize Energy Transparency in Greece

(IN BRIEF) MYTILINEOS Energy & Metals, in collaboration with Protergia and Powerledger, introduces groundbreaking energy provenance tracking and tracing features in Greece. This innovative partnership empowers consumers to track their energy sources in near real-time, visualize their carbon footprint, and … Read the full press release

Paris 2024 Torch Relay: Countdown to Spectacular Celebration Begins

(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

EBRD Supports Avis Greece’s Green Fleet Transition with €108.3 Million Loan

(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

EIF Commits €40 Million to Boost Sustainable Agriculture in Europe

(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release

EBRD Literature Prize Shortlist Reflects Diverse Voices from Across Regions

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has revealed the shortlist for the prestigious EBRD Literature Prize, showcasing a diverse array of compelling works from writers across several countries and regions of the Bank’s operation. Selected by … Read the full press release

Viasat Expands Ground Network to Enhance In-Flight Connectivity with AEGEAN Airlines

(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

EIB Injects €143 Million to Bolster Greek Research & Innovation; 2023 Annual Results Showcase Record Investment in Greece

(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

Rion-Antirrion Bridge Introduces Special E-Pass for Electric Vehicles, Marks 20th Anniversary with 34% Discount

(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

RWE and PPC Partner to Propel Greek Energy Transition with Massive Solar Projects

(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

Sunlight Receives €25 Million EIB Loan to Expand Lithium Battery Production in Greece

(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

VINCI Highways Advances Sustainability Goals with Adaptive Lighting on Greek Highway

(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

UniCredit Acquires 8.9781% Stake in Alpha Services and Holdings S.A. from HFSF

(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

EIB Commits €150 Million Loan to Deploy Smart Meters for Greece’s Energy Modernization

(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

EIB’s Continued Support: Veridos Matsoukis to Strengthen Greek Identity Document Manufacturing

(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

HELLENiQ ENERGY Secures €766 Million Financing Deal for Expanding Renewable Energy Portfolio in Greece

(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

EBRD Drives Sustainable Mining in Greece with €56 Million Investment in Eldorado Gold

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €56 million in Eldorado Gold Corporation to support the development of the Skouries copper and gold mine in Greece. The investment aims to foster a sustainable and inclusive … Read the full press release

Piraeus Bank Secures €10 Million Investment from EBRD for Balance Sheet Securitisation

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €10 million in the senior mezzanine tranche of a synthetic balance sheet securitisation of a €1.3 billion portfolio of performing small and medium-sized enterprise (SME) and corporate loans … Read the full press release

Third Expansion of EIB’s Trade Finance Facility for Greece Reaches $550 Million

(IN BRIEF) The European Investment Bank (EIB) and HSBC Bank have announced a new EUR 200 million trade finance partnership in Athens. The initiative will support trade and export finance services provided by participating Greek banks to local companies, addressing … Read the full press release

The Feminist Movements Revitalizing Democracy in Europe (FIERCE) project kicks-off!

(PRESS RELEASE) THESSALONIKI, 7-Sep-2022 — /EuropaWire/ — On the 1st of September 2022, the FIERCE project successfully kicked-off having a consortium full of enthusiastic partners already eager to collaborate and co-create. On that date the partners met online to prepare … Read the full press release

SGS to support Greek farming sector with a new soil and leaf tissue laboratory in Thessaloniki, Greece

(PRESS RELEASE) GENEVA, 5-May-2022 — /EuropaWire/ — SGS, the world’s leading testing, inspection and certification company, has announced the opening of a new soil and leaf tissue laboratory in Thessaloniki, Greece in support of the Greek farming sector. SGS has … Read the full press release

SGS apoyará al sector agrícola griego con un nuevo laboratorio de suelo y tejido foliar en Tesalónica, Grecia

(COMUNICADO DE PRENSA) GENEVA, 5-May-2022 — /EuropaWire/ — SGS, la empresa líder mundial en análisis, inspección y certificación, ha anunciado la apertura de un nuevo laboratorio de suelo y tejido foliar en Tesalónica, Grecia, en apoyo del sector agrícola griego. … Read the full press release

One of Greece’s leading manufacturers of bedroom furniture to expand its export markets with the help of EBRD and EU

(PRESS RELEASE) LONDON, 4-Apr-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced its support, together with the EU, for one of Greece’s leading manufacturers of bedroom furniture to expand its … Read the full press release