Karelia Tobacco Industry ranks 105th on the "Forbes – The Greek List 100+", being the only company from Messinia with a turnover exceeding €100 million. With an 8% increase in revenue for 2023, it continues to demonstrate strong performance alongside Greece’s largest businesses in energy, retail, and industry.
Tag: business growth
In 2022, Greece recorded one of the EU's lowest business closure rates at just 3.1%, as more enterprises were launched than dissolved across most of the bloc. With an EU-wide birth rate of 10.5% and a death rate of 8.7%, the data highlights Greece’s business resilience, contrasting sharply with higher closure rates in countries like Estonia, Bulgaria, and Ireland.
Eurobank has launched a new venture banking unit aimed at supporting fast-growing and innovative businesses. The unit will provide tailored financing tools, advisory services, and co-investment opportunities to startups, venture capital funds, and private investors, helping drive economic growth in Greece and beyond. Led by Deputy CEO Konstantinos Vassiliou and Head Roula Bachtalia, the unit underscores Eurobank’s commitment to fostering the innovation ecosystem.