Tag: logistics

Hellenic Post to Close 204 Branches as Part of Major Restructuring Plan

Hellenic Post (ELTA) will close 204 branches across Greece as part of a major restructuring plan aimed at improving efficiency and adapting to the digital era. The move follows a steep decline in traditional mail volumes and seeks to strengthen ELTA’s courier, e-commerce, and logistics services while expanding digital and home delivery options, especially for rural and elderly residents.

Greek Fleet

Greece Prepares for IMEC, East Asia Trade Links, and Major Shifts in Port and Insurance Sectors

Greece is implementing a nationwide transformation of its port and maritime infrastructure, supported by over €1 billion in EU and government funding, including ESPA, the Recovery and Resilience Fund, PEKA, and the Decarbonisation Fund. Investments cover 30 island ports, regional facilities, cold ironing systems, and port security upgrades (ISPS, Schengen, EES).

Greek Australians Make Waves on 2025 Rich List

The Australian Financial Review’s 2025 Rich List spotlights 12 Greek Australians among the nation’s 200 wealthiest, with Dennis Bastas ($2.93bn) and Nick Politis ($2.58bn) leading the group. The list’s total wealth rose 6.9% to $667.8 billion, driven by resources ($141bn) and property ($125.8bn). From pharmaceuticals to automotive and real estate, these Greek Australians showcase diverse success.

Thessaloniki Port Development Moves Forward with Presidential Approval

The Port of Thessaloniki is set for a major transformation following the approval of its master plan by a presidential decree. A key investment in the Pier 6 expansion will enhance the port’s global competitiveness, enabling it to accommodate container ships of up to 24,000 TEUs. With licensing now underway, the Thessaloniki Port Authority (OLTh) aims to strengthen trade, logistics, and infrastructure, solidifying the port’s role as a regional hub for international commerce.

EU Approves Full Schengen Membership for Bulgaria and Romania

The European Union has granted Bulgaria and Romania full membership in the Schengen Area, lifting land border controls starting January 1. This historic move allows seamless travel across borders, boosting trade, tourism, and economic integration. Leaders from both nations hailed the decision as a milestone for European unity and a major benefit for their economies. Despite concerns over migration, the announcement underscores the Schengen zone’s role in fostering freedom of movement and cooperation across Europe.

€1 Billion Rail Projects to Transform Northern Greece into Key Transport Hub

Northern Greece will undergo a significant upgrade with €1 billion in new rail projects, improving 370 km of tracks. These developments aim to boost safety, reliability, and position the region as a key transport hub connecting Asia, the Balkans, and Europe, fostering economic growth and trade.

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