Greece

The Greek company Kalacan Hellas S.A. recently announced that it had received its medical cannabis installation license, allowing the company to establish manufacturing facilities in Europe to produce cannabis. The company plans on building its large-scale greenhouses on a 77,258...

A Greek company which produces ouzo, has now combined the iconic Greek aperitif with different flavors, and it claims it has already found customers for the unique product abroad. While the company continues to offer traditional, licorice-flavored ouzo as well,...

Integrated Casino Resort Cyprus (ICR) announced on Tuesday that it had awarded the contract for the construction of Limassol’s "City of Dreams" Mediterranean Integrated Casino Resort to the Greek conglomerate Avax – Terna JV. According to the principal contract, construction...

A Greek start-up company is offering a repatriation bonus of €5,000 to €10,000 for Greeks wishing to return to their home country to work at its headquarters. Transifex's Chief Executive Officer Dimitris Glezos says that this initiative is more than...

Twenty-three ambassadors paid a visit to the facilities of Apivita natural cosmetics company in Markopoulo, southeast of Athens, on Tuesday. Company president Nikos Koutsianas said the invitation was for ambassadors to tour the bioclimatic factory of Apivita, the beehives, and...

Greek family business, Mamidoil Jetoil, is the latest in a chain of companies filing for bankruptcy according to article 99 of the Bankruptcy Code. The company dealing in storage, transport and trade of petroleum-based products in Greece and the...

World leading French industrial minerals group Imerys SA has bought Greek bentonite producer S&B for a maximum purchase price of 558 million euros, it was revealed today. Imerys said the deal represented a "strategic combination for the integration of the main activities of...

According to the 212/2014 decision by the Multi-Member Court of Athens, Greek furniture company Neoset has been declared bankrupt, following the request of factory employees in Halkida, who went to court on November 20, 2013. The same company, in November 2012, had...

A Greek exporting company currently under investigation for issuing bogus checks came onto the radar of customs officials at Athens International Airport earlier this month after an employee was caught traveling with large quantities of unregistered gold and silver...

With some 25 percent of Greeks having stopped paying their loans because of pay cuts, tax hikes and slashed pensions, one company that owes 750,000 euros, or $977,962 in social security payments to the state insurance fund IKA has...

Coco-mat is a greek company that makes products for sleeping, which are very practical and good-looking. This company tries to promote welfare and environmental sustainability. For example, Coco-mat has just established a programm, concerning its employees, to motivate them...

The official handing over of the reins of ownership of Syros Island's venerable Neorio shipyard to the company "ONEX Syros Shipyards" was marked by an official inauguration ceremony held on Wednesday. Established in 1861, the Neorio Shipyard was the very...

Advantis Medical Imaging is a Greek start-up company which aims to make brain imaging more accessible to more people by using modern technology and the internet. Speaking with Greece's Kathimerini newspaper recently, co-founder of the company Paris Ziogas explained the...

Citing an inability to pay, a man swallowed a handful of pills inside the Public Power Corporation office in the city of Patras upon finding out the monthly installment amount he was due to pay for his overdue bill. According...

Greek league champions AEK have parted company with their Spanish coach Manolo Jimenez despite his guiding the team to its first title in 24 years. According news reports, Jimenez had demanded a significant salary hike to sign a new contract, but...