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Lamda Development Is The Preferred Investor For Hellinikon Project

Following a positive opinion of the Council of Experts, the Board of Directors of the Hellenic Republic Asset Development Fund (TAIPED) unanimously declared Lamda Development SA as the Preferred Investor for the acquisition of the 100 percent of the shares of Hellinikon SA.

Report: Tourism Is An Opportunity To Go After In Greece

Tourism and travel are included among the opportunities "to go after" for aspiring entrepreneurs, investors and professionals, according to a report on "Entrepreneurship and Investment Opportunities in Greece Today" issued by Endeavor Greece.

Lamda Development Offers More To Acquire Hellenikon

The consortium led by Greek real estate firm Lamda Development has increased its initial offer by 25 percent for the 100 percent acquisition of Hellenikon, the former Athens Airport site.

Libra Group Invests In COCO-MAT In Exchange For 50% Stake

The Libra Group recently announced that it is the principal investor in 50 percent of COCO-MAT and has formed a joint venture with the leading Greek manufacturer of specialist mattresses, other natural sleep products and furnishings.

Parnassos Ski Center To Upgrade Lifts

As of 1 April, the lifts of the Parnassos Ski Center will undergo a 29.52 million euros renovation.

Major Hotel Chains To Invest Further In Greece

Three major hotel brands, the Hilton, the Intercontinental and the Carlson Rezidor Group, will expand their presence in Greece.

Licensing Procedures For Four Tourism Investments In Greece Near Completion

The licensing procedures for four major tourism investments on the islands of Kea, Milos and Ios and mainland Messinia (Peloponnese) are near completion, Greek Tourism Minister Olga Kefalogianni informed on 17 February.

Greece Offers Saudis 5-year Residency For Investments Over 250,000 Euros

Greek Consul General in Jeddah Chronis Polychroniou has announced that Greece has issued a new law that allows investors from non-EU countries to obtain resident permits for five years, provided the investment is at least 250,000 euros.

Greece, Saudi Arabia Sign Major Tourism Development Agreement

A memorandum of understanding for cooperation in the field of tourism was signed between Greece and Saudi Arabia on 10 February in Riyadh.

Greece Discusses Best Practices For Spa Tourism With Hungarian Officials

The best practices for spa tourism and details concerning the certification of Greece's thermal springs were discussed recently in a meeting held in Athens between the Greek Tourism Ministry and representatives of the Government of Hungary.

Greece Makes Plans For Improved Sea Tourism Infrastructure

Greece’s new Zoning Plan for Tourism provides for an increase in the network of marinas, small ports and harbors in the Ionian Sea, the eastern and southeastern Aegean, and the Saronic, Argolikos and Pagasitikos gulfs, among others.

New Tourism Zoning Plan In Greece Aims For Investments, Quality Tourists

Greece's new Special Zoning Plan for Tourism is expected to result to large investments, attract quality tourists and big spenders from abroad and extend the tourism season.

Plan To Develop Athens Unveiled

An urban development project of the Municipality of Athens named "Ergo Athina" (Project Athens) was unveiled on 12 December by Athens Mayor Giorgos Kaminis and European Commissioner of Regional Policy Johannes Hahn.

Xenia Hotel On Skiathos Finally To Get Long Overdue Makeover

Greek construction company TE.NE ATEVE was announced as the successful bidder of the tender for the development of the Xenia hotel on Skiathos.

Best Offer For Astir Palace Luxury Resort Announced

Investment firm Jermyn Street Real Estate Fund IV LP made the best offer for the majority stake in the Astir Palace luxury resort at Vouliagmeni, southern Athens.

Four Bidders Short-Listed For Astir Palace

TAIPED announced on 26 November that four consortiums were short-listed in the tender for the majority stake in the Astir Palace luxury resort at Vouliagmeni, southern Athens.

Major Tourism Investments Underway In Greece

Three major tourism investments have joined Greece's fast-track scheme for strategic investments and are underway at Halkidiki, Sitia and Argolida.

SETE Conference To Focus On Necessary Investments For Greek Tourism

The results of the latest study on Greek tourism, prepared by McKinsey & Company, will be presented at the Association of Greek Tourism Enterprises’ (SETE) 12th Tourism & Development Conference that will take place 21-22 October 2013 at the Athenaeum Intercontinental Hotel in Athens.
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Regional Airports Tender Continues With Seven Bidders

Seven companies and consortiums have been shortlisted for the second stage of the tender for the operation, management, development, and maintenance of the country’s regional airports.
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Russian, UAE Investors Seek To Invest In Greek Tourism Sector

Russian billionaire Dmitry Rybolovlev recently expressed his interest to launch investment projects in the Greek tourism sector, during a meeting he had with Deputy Development Minister Notis Mitarakis in Athens.