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Lidl Greece to invest â¬200 million in 2026-2027, focusing on network expansion and modernisation (opens the original)
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As the companyâs new CEO and Chairman of the Management Board, Miltos Forozidis, said at the inauguration of Lidl House Athens at the Arsakeio Arcade, the plan confirms Lidl Greeceâs continued commitment to the Greek economy. âOver the next two years, we will invest more than â¬200 million in Greece because we believe in Greece and the Greek consumer. For us, the goal is not simply to fill shopping baskets, but also to offer innovative and modern solutions while remaining the most afforda
THEON International secures around â¬50 million in new orders from Europe and Middle East (opens the original)
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Philippe Mennicken, Deputy CEO and Business Development Director of THEON, said the company was âpleased to see strong prospects emerging across all areas of our business for Q4 2026 and Q1 2027â. Mennicken also noted that âTHEON has been selected for additional orders worth several hundred million euros, including purchase options, which are currently undergoing final confirmation and are expected to be finalised no later than Q1 2027â. Nevertheless, management stressed that it would co
Kotsovolos to strengthen market presence with new store concept (opens the original)
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According to Kotsovolos CEO Christos Karagiannakis, the company is moving towards stores tailored to the specific characteristics and needs of each local market. This includes either reducing the size of its physical outlets or limiting the number of product lines they carry, with a focus on specific categories of electrical and electronic goods. As Karagiannakis pointed out, retail is moving away from the big-box store model towards a more customer-friendly but also more compact format. Kotsovo
Rodoula: â¬41.6m investment bets on Greece's next big export success (opens the original)
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The move follows a year in which the groupâs exports rose 17% and profitability improved significantly, while its financing plans include the possibility of participation by an investment fund. The outlook is further supported by the broader momentum in the sector, with the domestic frozen pastry market growing 7.3% in value and 7.9% in volume in 2025. Rodoula aims to further strengthen its production base and international presence. The investment involves the construction of a multi-storey p
Papastavrou: Chevron seismic surveys to begin before end-2026 (opens the original)
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According to the Ministry of Environment and Energy, the meeting confirmed the timetable for the launch of seismic surveys before the end of 2026 in the Ionian Sea, as well as south of the Peloponnese and Crete. Papastavrou discussed with Bienvenu the next steps towards achieving the shared goals and adhering to the timetable, despite the demanding schedule. In this context, it was “noted that the government is developing and maturing Greece’s hydrocarbons market, while also strengthening the co
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