Greek construction and infrastructure contract GEK Terna on Thursday announced that it has transferred a 51-percent stake of the Integrated Resort Casino’s (IRC) to multinational Hard Rock.
The IRC is the investment scheme that holds a 30-year gaming concession for the Helleniko property development site in coastal southern Athens.
The ATHEX-listed company’s management had recently briefed financial analysts that full-scale construction for the casino resort will begin within the year.
GEK Terna retains a 49-percent stake and has assumed the entire construction contract – via its subsidiary Terna S.A. – for what’s billed as the most luxurious resort casino in the Mediterranean.
The project foresees the construction of a five-star hotel, a conference and convention center, sports and cultural venues, and of course, a casino – seen as the revenue “engine” of the specific investment.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.
Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.
Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.
Civil Protection Minister Details Summer Firefighting Plans at Delphi Forum
At the 10th Delphi Economic Forum, Minister of Climate Crisis and Civil Protection Yiannis Kefalogiannis discussed Greece's plans for the upcoming fire season.
How Shops and Markets Will Operate During Easter Holy Week
The Easter holiday schedule has been in effect since April 10, with retail stores open Palm Sunday, and most supermarkets also operating to meet consumer demand for Easter shopping
Why Is the French Aircraft Carrier Charles De Gaulle in Piraeus?
Docking in Piraeus after a four-month deployment in the Indo-Pacific region, the admiral of the aircraft carrier the Charles de Gaulle says, "Greece is our best partner in the Mediterranean."
Riots and Vandalism in Downtown Athens Exarcheia Region
Night of unrest in downtown Athens' region of Exarcheia – 11 Cars Burned, 72 Detentions
Truth Team: Is the PM and his team telling the truth, the whole truth and nothing but the truth?
The Greek government spokesman noted that "a private individual received payment from other private individuals, and for some people this is a horrifying revelation."
Mayor of Athens Announces Strategy to Address Housing Crisis
Athens Mayor Haris Doukas outlined a series of municipal interventions aimed at tackling the housing crisis during a public event co-hosted with the University of Athens
