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invests

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Singapore’s GIC Fund Invests in Greek Luxury Resort Chain

Singapore’s GIC Fund Invests in Greek Luxury Resort Chain Panoramic view of Ikos Olivia resort in Halkidiki, Greece. Credit: Ikos Resorts Singapore’s sovereign wealth fund GIC has agreed to buy a stake in Greece’s Sani/Ikos Group (SIG) in a deal that values the operator of luxury resorts in the Mediterranean at €2.3 billion ($2.3 billion), […]

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Singapore invests in Sani/Ikos

Singapore invests in Sani/Ikos Greek hotel group Sani/Ikos has secured the entry into its equity capital of one of the largest international institutional investors, Singaporean sovereign wealth fund GIC. For the transaction, which concerns the planned seven-year divestment by Oaktree, Goldman Sachs Asset Management, Moonstone, Florac and Hermes GPE, the Sani/Ikos group was valued at […]

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Prodea invests in Italian accommodation market

Prodea invests in Italian accommodation market Athens-listed Prodea Investments is expanding its real estate portfolio in the hospitality sector, following the recent acquisition of a hotel unit in Italy. The Greek company made an investment of 49 million euros in the winter destination of Cortina in Italy, in collaboration with its parent company Invel (through […]

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Gundari Folegandros: An Australian who loves Folegandros invests on the island

Gundari Folegandros: An Australian who loves Folegandros invests on the island Ricardo Larriera came to Folegandros and was enchanted to such a degree that he decided to invest in the island and its tourism by building the “Gundari Resort”. A resort that respects the wild heart of Folegandros as he is fond of saying. Larriera, […]

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Druckfarben: Invests 5.4 million euros in “green” construction

Druckfarben: Invests 5.4 million euros in “green” construction The Druckfarben group has completed an investment program totaling 5.4 million euros, putting into operation two new units for the production of paints and insulating materials. In order to strengthen its presence in the huge building energy upgrade market, the new automated units in Aspropyrgos include a […]

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Verizon invests in Greek-owned startup

Verizon invests in Greek-owned startup Verizon Ventures, the investment arm of US telecom giant Verizon, has invested in Greek-owned startup TileDB, founded by Stavros Papadopoulos. It follows funding in the Massachusetts-based company by Amgen Ventures and Lockheed Martin Ventures from the US, and Japan’s NTT Docomo Ventures, as well as Greek investment fund Big Pi […]

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Aluminco: Innovative products and “green” investments

Aluminco: Innovative products and “green” investments Aluminco SA invests in one of the most important pillars of its strategy, that of sustainability. According to the company, it develops its innovative products using as raw material certified aluminum produced from 100% green energy. In particular, the raw material of Skyline systems – the new product category of Aluminco […]

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Ceres Shipping invests in a fleet of 60 ships to carry CO2

Ceres Shipping invests in a fleet of 60 ships to carry CO2 New innovative technological solutions that contribute to the protection of the environment have always attracted Greek shipowners. It is no coincidence that they are also pioneers in investments in liquefied natural gas carriers. In this context, yesterday’s announcement by the Greek shipowner Panagiotis […]

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Jeff Bezos Invests in Anti-Aging Start-up

Jeff Bezos Invests in Anti-Aging Start-up Multi billionaire Jeff Bezos is investing in anti-aging start-up. Credit: CC BY 2.0 Wikipedia commons Amazon founder Jeff Bezos is reportedly joining Russian-Israeli businessman Yuri Milner to fund a start-up that aims to prevent the effects of aging and potentially make people live forever. The start-up that Bezos is […]

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Lightsource bp invests in the Greek solar energy market

Lightsource bp invests in the Greek solar energy market Lightsource bp is expanding its entry into the Greek market through the acquisition of 640 MW of projectsfrom Kiefer TEK. According to the relevant announcement, the company secured 140MW in the recent Joint Competition Process, ie 40% of the total auctioned power, “locking” in an average […]

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