News & Highlights

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Friday, May 17, 2013

Prime Minister Visits China

Greece is building a success story, and it wants China to be part of that story, Prime Minister Antonis Samaras said on May 16, speaking at the Academy of Social Sciences of China.

Friday, May 17, 2013

Agreements Signed by China and Greece

Chinese companies desire involvement in Greece's infrastructure sector, Chinese Premier Li Keqiang said on May 16, after talks with visiting Greek Prime Minister Antonis Samaras. The two premiers discussed all aspects of Greek-Chinese relations during their meeting, especially economic cooperation and long-range strategic plans. Following their talks, a number of agreements and protocols were signed by the Greek side and the Chinese government.

Friday, May 17, 2013

EIB Supports Energy Projects

The European Investment Bank (EIB) approved two loans worth 215 million Euro to finance projects in electricity energy and natural gas in Greece.

Friday, May 17, 2013

Russian Investment Interest

Hundreds of Russian entrepreneurs “want to put their money in Greece” but are forced to put their plans on hold because they lack information on the Greek market, St Petersburg Union of Industrialists and Entrepreneurs President Sergey Vladimirovich said in Thessaloniki on Thursday. To cover the gap, he suggested the establishment of an investment information office for Greece in the Russian city.

Thursday, May 16, 2013

PPC—Restructuring and Privatisation

The Greek government unveiled a plan on May 15 for the restructuring and privatisation of the Public Power Corporation (PPC)—the country's electricity utility—which envisages the creation of a "small PPC" with representative electricity production units to be sold to private investors, in its search for a strategic investor for PPC and the selloff of 40 percent of the electricity grid networks.

Thursday, May 02, 2013

Greece Completes Major Privatisation

Hellenic Republic Asset Development Fund (HRADF) on May 1 accepted a new improved offer by Emma Delta Ltd to buy a 33 pct equity stake in OPAP, state-owned gaming giant.

Friday, April 26, 2013

Nokia Siemens Networks Expanding Investment in Greece

Finnish Nokia Siemens Networks plans to invest in Greece leading to up to 150 new jobs.

Thursday, April 25, 2013

Coca-Cola Hellenic Bottling Company S.A. Invests in New Recycling Plant in Greece

Coca-Cola Hellenic announced today that it has acquired a minority stake in Filia Environmental Industries, which opened a new PET recycling plant, located in Filiates of Thesprotia, Greece on 20 April 2013.

Monday, April 01, 2013

Chinese Investors Eye Greek Property

"Some Chinese businesspeople have shown an interest in investing in Greek property, such as investing in hotels, or buying pieces of land on Greek islands," the Mayor of Athens, Georgios Kaminis, said in an interview with the Chinese newspaper "China Daily."

Wednesday, March 27, 2013

Survey Confirms High Quality of Services at Invest in Greece

Invest in Greece Agency will soon be in a position to offer even more services, such as the “Investor’s Ombudsman,” envisaged to speed up all types of investments in Greece above two million Euros, as Stephanos Issaias, CEO of Invest in Greece, said in a statement related to a Client Satisfaction Survey. Invest in Greece has been qualified with ISO-9001:2008 for its quality management system.

Tuesday, March 26, 2013

SAP: "We will invest in Greece"

Prime Minister Antonis Samaras met March 26 with co-CEO of German multinational software corporation SAP, Jim Hagemann Snabe, in the context of the government’s efforts to attract foreign investment to Greece and the expansion of SAP's activities in the country.

Friday, March 22, 2013

Chamber Presents Breakthrough Greece Initiative to Deputy Development Minister

American-Hellenic Chamber of Commerce president Yanos Gramatidis and his associates presented Breakthrough Greece, an important initiative promoting Greece internationally, to Deputy Development Minister Notis Mitarachi on March 19.

Thursday, March 21, 2013

New Portal to Boost Exports

A new networking portal for Greek export businesses, Exportgate.gr, launched on March 20, is envisaged to facilitate the promotion of Greek products to new international markets. Attending the launching event, Development Minister Kostis Hatzidakis appeared optimistic for the success of the portal, noting that the specific electronic platform can form the basis of a national portal to be created under the new exports body.

Wednesday, March 20, 2013

Greek Companies Penetrating Asian Market

Three Greek companies, the chocolate factory ION (www.ion.gr), the pasta factory EURIMAC (www.eurimac.gr) and the olive oil production and trade company Etesian Gold (www.etesiangold.com) participated with their own pavilions at the 38th International Food and Beverages Exhibition Foodex 2013 which was held in early March in Tokyo.

Friday, March 15, 2013

Greece's Export Growth Rate to be Highest in Eurozone in 2014

Greece and other regional Eurozone states will enjoy the highest export growth rates in 2014 as the region will return to economic growth rates after several years of recession, a report by Ernst & Young said.

Tuesday, February 26, 2013

Prime Minister Samaras: Greece Holds Key Role in European Energy Highway

Greece is placed on top of the major highways supplying all of Europe with oil, and all of southern Europe in natural gas, Prime Minister Antonis Samaras said at the International Herald Tribune΄s Athens Energy Forum 2013 in Athens on February 25.

Wednesday, February 13, 2013

Greece, Albania, Italy to Sign Intergovernmental Document for TAP Construction

Greek Foreign Minister Dimitris Avramopoulos, Albanian Vice Premier Edmond Haxhinasto and Italian Minister for Economic Development Corrado Passera will sign an intergovernmental agreement to build the Trans-Adriatic Pipeline (TAP). 


Friday, February 08, 2013

Sunlight Announces Large Industrial Investment

Greek company Sunlight, that designs and manufacturers batteries, is proceeding in a €20 million investment in Komotini where a new lead recycling unit has already been established.

Wednesday, February 06, 2013

Business Mission to Kiev

The Foreign Ministry's Secretary General for International Economic Relations and Development Cooperation, Peter Mihalos, led a multi-sector business mission of the Hellenic Federation of Enterprises (SEV), the Greek International Business Association (SEVE), and the Greek-Ukrainian Chamber of Commerce to Kiev on 5-7 February 2013.

Thursday, January 31, 2013

Greek Privatisation Fund Clinches 23 Million-Euro Real Estate Deal

Greece's privatisation agency picked U.S. private equity fund NCH Capital to develop land on the island of Corfu for tourism, in a 23 million Euro deal that is part of the government's asset sales agenda to pay down public debt.