The Hellenic Republic Asset Development Fund (HRADF) is set to announce the first tender within the week for the relocation of activities from Dafni Ymittos in the urban fabric of Athens, where the former ammunition factory of PYRKAL is located, in partnership with the Hellenic Defense Systems.
The chosen contractor will reconfigure spaces at the Mandra facility, in the broader northwest region of Athens, to accommodate administrative services and mechanical production equipment from the former PYRKAL facilities. The deadline for completion is 18 months.
Following this, a second tender, possibly in the upcoming summer, will focus on dismantling equipment from Ymittos, transporting and installing it in Mandra, and transferring non-essential machines to the Lavrio facilities of the Hellenic Defense Systems, in southeastern part of the wider region of Athens.
After the PYRKAL property in Dafni-Ymittos is vacated, a tender for constructing and operating the governmental park “Andreas Lentakis” on the site is scheduled for 2025. This project will be carried out through a Public-Private Partnership.
The Hellenic Corporation of Assets and Participations (HCAP) plans to preserve 25 out of the 91 old industrial buildings on the PYRKAL site, renovating and protecting them while adding new structures. Existing buildings in the Urban Center will also be repurposed as museums, conference venues, and other facilities, while the remaining land will be dedicated to communal and public spaces.
Latest News
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards