National Bank and Autohellas have signed a loan agreement within the framework of the National Recovery and Resiliency Plan “Greece 2.0”. The contract aims to implement the investment plan of the second, with a total budget of €170 million, which is to be financed by €51 million through a loan from the National Bank, by €85 million with resources from the Recovery and Resilience Fund, while the €34 million are the same participation of the company.
The investment plan
The co-financed investment project concerns the renewal and expansion of the Autohellas fleet for the period 2022-2026, with the aim of its energy upgrade. In particular, the plan foresees the gradual replacement of the company’s existing fleet with new, electric and hybrid cars, with emission specifications of up to 50 gr CO2/km. The investment is entirely part of the pillar of the green transition, aims at the development of the green economy and contributes to the protection of the environment, through the emission of lower pollutants that characterize the new vehicles, in a percentage of more than 80% compared to the cars that are going to be replaced.
Latest News
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.