China State Grid buys 24% of Greek ADMIE

Sino-Greek energy cooperation is expanding. China State Grid International Development (SGID) signed a 320 milion euro ($334 million) agreement with Greece’s Public Power Corporation (PPC) for the purchase of a 24-percent stake in the Greek power grid operator ADMIE from. The Chinese company won an international tender in October 2016 and the complex sale process …

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Representatives of Alibaba visit Greece on 13 and 14 September

On 13 and 14 September 2016 representatives of Alibaba are visiting Greece in order to explore opportunities for business collaboration with Greek companies. In particular, on Wednesday 14 September, the Athens Chamber of Tradesmen will organise an event at Hilton Hotel, which will focus on Sino-Greek cooperation and e-commerce. The agenda is available here (in Greek). …

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COSCO’s presence in Piraeus yields positive results

COSCO announced the official results for the container throughput in July 2016 in ports it controls worldwide. In the port of Piraeus, this throughput was 15,2% higher this July in comparison to the same month last year. Additionally, the throughput in the first seven months of 2016 shows a 14,2 increase in comparison to the …

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Athens’ old airport ‘Hellinikon’ to be soon redeveloped

On Tuesday 7 June 2016 a Memorandum of Understanding was signed between the Hellenic Republic Asset Development Fund SA, HELLINIKON Global I. S.A. and Lamda Development S.A. This Memorandum amends the existing Share Sale and Purchase Agreement of HELLINIKON S.A. of 14.11.2014, in which important technical features of the Hellinikon former airport’s redevelopment are delimited …

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