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Strong footprint with new Mytilineos construction projects

By Eleni Bota Mytilineos was named temporary contractor for the Chalkida and Psachna bypass project, with a discount of 7.61%, with an initial budget of 125 million euros, further strengthening the Group's Sustainable Development Projects sector. Mytileneos prevailed...

The five major projects that will change the infrastructure map of Greece

Five major projects expected to change the country's infrastructure map are already underway. These are breath-taking projects that, in addition to facilitating transport access, will facilitate freight transport, strengthen local communities and contribute to the...

Britain: The biggest drop in two years was registered by the construction PMI

British construction firms recorded their biggest drop in activity in more than two years last month, as builders cut work and engineering firms faced a lack of new contracts. Britain's July manufacturing PMI also showed some easing...

IOBE: New decline in the economic climate index in July

The economic climate index in Greece fell in July and stood at 101.1 points, lower than the previous month (104.1 points), as well as compared to July 2021, according to the IOBE Economic Situation survey. At...

IOBE: The development prospects of the construction sector in Greece are particularly positive

The particularly positive development prospects of the Construction sector in Greece, after a long period of contraction, is documented by a study by the Foundation for Economic and Industrial Research (IOBE), entitled "Development prospects and financing...

Chinese manufacturer Shimao defaults on $1bn bond

Chinese manufacturing company Shimao Group Holdings Ltd. said it defaulted on a $1 billion bond due today, adding to a record year of offshore bond defaults in the sector, according to Bloomberg. The luxury builder said...