BUSINESS


Athens airport expects 30 mln travelers in 2024
ECONOMY

The supply of four Airbus A321 neo LR from Aegean, which will allow for flights lasting up to 7.5 hours, will also help boost the connectivity of the Eleftherios Venizelos airport with new major markets.


Storm of M&As in the IT sector
BUSINESS

Mergers and acquisitions that are accompanied by the entry of foreign players into the Greek market have tended to be the rule for at least the last three years in the IT sector.


Agreement on Elpedison split
BUSINESS

The clock is ticking for Elpedison, with the company’s shareholders (Helleniq Energy and Edison) seeking to close control negotiations by June at the latest so that any outcome can be ratified at the annual general meeting.

Mytilineos contemplates international stock exchange listing
ECONOMY

Athens-listed group Mytilineos is considering listing its shares on an international stock exchange, which could be the London Stock Exchange, within the next 12-18 months, taking into account its increasingly diversified and international geographic presence and aiming to increase the marketability of the shares for the benefit of investors.




US incentives luring Greek industries
ECONOMY

The generous incentives provided in the US Inflation Reduction Act (IRA) is not lost on extroverted Greek businesses. Following the lead of other large European industrial companies, Cenergy Holdings and cement manufacturer Titan are giving their own “vote of confidence” to the US as an investment destination and the Biden administration’s $369 billion financial package to support the green transition, from which they will be supported with a total of more than $100 million.