Limited electricity interconnections between Greece’s mainland and islands is currently a restriction to the country’s decarbonization goals. Without this underwater infrastructure, many islands are off grid and rely on fossil fuels. In addition, the development of renewable energy is curbed by an inability to get...
Last year, Greece announced its ambitions for the decarbonization of an energy system currently reliant on lignite coal. “Our national strategy has an increased focus on green energy and gas. We have accelerated the closure of lignite-fueled power plants and raised targets for renewables to...
“The exploitation of Greece’s large and diverse portfolio of publicly owned real estate assets will play a crucial role in attracting new investors and driving the economy,” says Stefanos Vlastos, CEO of the Public Properties Company (ETAD), which is responsible for implementing the government’s new...
Greece has nearly everything it needs to be a regional logistics hub, says Perikles Nicolaou, CEO of Gaiaose: “We have our shipping industry, ports and strategic location. But we need to enhance rail infrastructure to support the freight coming into or though Greece.” As the...
“Thessaloniki can become a European Silicon Valley,” says Anastasios Tzikas, president of TIF Helexpo, the national exhibition agency that organizes international trade events and owns Greece’s most important exhibition centers, Helexpo Maroussi in Athens and the Thessaloniki International Exhibition Center. The latter is undergoing major...
With a portfolio worth €5.5 billion, HCAP “manages important state-owned assets and increases their value over the long term by assessing and promoting the right strategies for asset exploitation, operational efficiencies and restructuring where required,” she states. Those assets include companies that employ over 35,000...
The government wants to maximize Greece’s role as a multimodal transportation and logistics hub by expanding, modernizing and connecting all transport systems. “One important requirement is a fast, reliable and competitive rail network to build sustainable mobility and connect industry to ports,” says Kostas Karamanlis,...
Ellaktor is one of Greece’s most globalized groups, with a presence in 30 countries and revenues corresponding to 1% of the national gross domestic product. Ellaktor has based its evolution into one of the largest infrastructure groups in Southeastern Europe on its highly diversified portfolio...
Athens Metro’s first line was built in 1869, with Lines 2 and 3 following in 2000. In 2012 an extension of Line 2 opened, an expansion of Line 3 is nearly finished and a contract to construct a new Line 4 should be awarded soon....
A global player in concessions and construction, Vinci operates in some 100 countries worldwide. It has stakes in an array of strategic Greek assets, to which the country’s government awards its different concessions. “We know Greece well, since we were involved in the construction of...