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Greece

Multinational Firms Heavily Invest in Data Centers in Greece

A number of multinational firms have invested heavily in building huge data centers in Greece over the past two years. After over a decade of being at the bottom of data gathering in southwest Europe, Greece is slowly becoming...

Health Minister Calls on Multinational Pharmaceutical Firms to Invest in Greece

Greek Health and Social Insurance Minister Panagiotis Kouroumblis on Wednesday issued a stern warning to multinational drug companies that they should invest in Greece, during a speech at a conference titled “Shaping the Future of Healthcare in Greece.” The minister...

Greek Prosecutors Bring Charges Against German Company Daimler

Greek prosecution authorities have announced on Monday that they are bringing charges against a number of employees of German multinational automotive corporation Daimler, who are reportedly involved in bribes to Greek officials, amounting to millions of euros. According to Greek...

Greek Gov't Signs $500 Mln Contract With U.S. Company for Modernization of P-3B Orion Planes

The leftist led Greek government has signed its first major armament deal with the U.S. contractor Lockheed Martin for the modernization of five aged naval support jets. The deal, worth 500 million dollars, is the first major deal in...

French Industrial Minerals Group Buys Greek Company S&B

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...

12 Multinational Groups Keep Investing in Greece Despite Crisis

The analysis of the financial results of 12 subsidiary companies of international groups that operate within Greece for 2013 show that multinational companies have shown greater resistance to the economic crisis than Greek companies. At the same time, many...

Four Greek Companies on World's Best Multinational Workplaces List

The market research company “Great Place to Work” announced the top 25 multinational companies, through the annual international list- World's Best Multinational Workplaces 2013. These companies have the best working environment, and among them, four Greek companies that are distinguished...

Greek Cement Giant Titan Moves HQ to Belgium, Vows to Maintain Greek Presence

Greece’s biggest cement producer, the Titan Group, has announced that its moving its headquarters to Belgium and its administrative headquarters to Cyprus. The multinational company, which operates in 14 countries across five continents, has accepted a voluntary tender offer by...

Meet The Greek Women Scaling The World's Highest Peaks

Most of us struggle to keep that twice-a-week workout promise, so imagine enduring punishing sessions at the gym, weightlifting and climbing nearby mountains four times a week -- and all before going to do a day's work. That is a...

Names of 10 Former Ministers in Pharmaceuticals Corruption Case Tabled in Greek Parliament

The names of ten former ministers are on the list of suspects of bribery from a pharmaceuticals company to be investigated by the Greek Parliament, according to national broadcaster ERT. The list is forwarded from the Corruption Prosecutor's Office and...

Capital Link Forum Addresses Corporate Social Responsibility

The 7th Annual Capital Link Corporate Social Responsibility Conference held in Athens on Thursday gathered an esteemed crowd of about a 1,000 attendees. The conference was entitled "Investing in Development -- The New Face of CSR" and was held...

IMAS Factory in Volos Closes Its Doors for Good

The deindustrialization of Greece, a process that begun sometime in the late 1970s and has left the country bereft of industry save for a few companies, has taken its toll on yet another productive unit, the IMAS factory. The IMAS...

5,000 Police Officers Preparing for Riots on December 6

The Hellenic Police are on high alert in view of Decemeber 6, the anniversary of the death of 16-year-old student Alexis Grigoropoulos. In 2008 Grigoropoulos was killed by a police officer. His death sparked protests and riots in Athens...

Greek Police Prepare for Possibility of Violent Riots on 'November 17th' Anniversary

Deputy Citizen Protection Minister Nikos Toskas met with the leadership of the Greek Police to discuss security measures for the November 17th anniversary of the 1973 student uprising against the dictatorship at the National Technical University of Athens, according...

Mystery Women Donate Thousands of Euros to the Poor

Twelve mystery women arrived at the Varvakios market, in downtown Athens, Greece, for the second consecutive year, in order to give thousands of euros away for the people who cannot afford to pay for their Christmas dinner. According to Greek media, the twelve women...