Business File Archive
Greece is a small market of just 10 mn customers. Many business sectors are mature or soon will be
“Greece is a small market of just 10 mn customers. Many business sectors are mature or soon will be. But in today’s global economy, a company which statistically confines itself to satisfy only local demand, will soon find itself pray to competition from multinationals which with new technology and economies of scale, are able to undercut them even in their home market”. The September – October 1998 issue of Greek Business File hosts a Special Survey on Greek Outward Investments [...]
Greece is a net energy importer with heavy reliance on oil
“Greece is a net energy importer with heavy reliance on oil. Worldwide, oil comprises about two-fifths of primary energy consumption; in Greece it is about three-fifths. Greece is the only country in Europe where demand for oil is anticipated to increase in the near future”. The March 1998 issue of Greek Business File hosts a Special Survey on the Energy Scene in Greece by Robert McDonald on -Dependence on hydrocarbon imports -Public Petroleum Corporation (DEP) -Refineries -Hellenic Aspropyrgos Refinery [...]
Greek shipping: Emerging from the doldrums?
“The Greek merchant marine sector is at a critical juncture. For years it has been largely an offshore venture, virtually tax-free. It has been financed through a combination of the personal wealth of shipowners and high levels of debt offered by banks prepared to accept the risk of lending on vessels in order to secure the other business of these high net worth individuals. In recent years, the Organisation for Economic Co-operation and Development (OECD) and the European Commission have [...]
“Be realist, look for the impossible” Marina Lambraki-Plaka’s interview to Greek Business File in 2021
In an extensive, wholehearted interview to GBF's George Vailiakis, Marina Lambraki-Plaka talked about everything: her achievements in her professional career, making the National Galery accessible to all and a school of national self-knowledge, defending the idea that "art is the privilege of many", the creation of branches all around the country, the National Sculpture Gallery and the collaborations with the Louvre. The interview was published in the January/February 2021 issue of Greek Business File. You can read it here.
A fresh wind
"Imagine the impossible. A Greek shipowner NOT grumbling! It's happening. Rates for dry bulk cargoes on some routes more than doubled during first quarter. Rates for tankers in good condition have risen by nearly a third since last December when the tanker Erika sank and its heavy crude oil cargo polluted some of Brittany's finest beaches. After two years ( 1998- 99) of the deepest downturn since the slump of the early 1980s, the shipping market is making a strong [...]
In memoriam: Odysseas Kyriakopoulos’ interview to G. Business File
Business File spoke to S&B President Odysseas Kyriakopoulos shortly after a deal between the leading Greek minerals group and France’s Imerys was sealed in Paris, which took the traditional family business into a global environment In the exclusive interview with Alexandra C. Vovolini and Antonis D. Papagiannidis, S&B President Odysseas Kyriakopoulos spoke to Business File shortly after the deal was finalised in Paris in November following five months of tough negotiations. Imerys, a French multinational involved in the production and [...]
Sea change – 1998
The June 1998 issue of Greek Business File is dedicated to the modernization process undertaken by the Greek shipping industry. The process, hastened by IMO’s International Safety Management Code, required mandatory implementation of extensive safety procedures and regular monitoring of compliance. The issue looks into the way port authorities, banks and insurers responded as well problems related to cash flows and the crisis in the Middle East. The issue is available here
“Currents in Greek Shipping”
“Greek shipping is at a crux. There has been a prolonged slump in freight rates. The Greek fleet is aging. There is a plethora of new international standards legislation which between now and the turn of the century is going to force the scrapping of many older ships, particularly tankers. Owners are aware of the need to refurbish and renew their fleets”. This is what Robert McDonald wrote in the editorial of the May 1994 issue of Industrial Review, entitled [...]