Navigator Consulting Group

01/09/2026

Navigator Consulting is pleased to announce the promotion of Aina Judyte to Venture Partner for ART.Cy, Navigator’s arts and culture initiative.

Aina joined Navigator on 1 September 2023 and has progressed rapidly within the firm. She has played a vital role at ART.Cy since its establishment in June 2024, mapping the Cyprus arts and culture ecosystem and co-organising two major art exhibitions together with several smaller events.

https://www.navigator-consulting.com/post/aina-judyte-promoted-to-venture-partner-for-art-cy

31/08/2026

ECM Partners has agreed to acquire a 50% stake in Cyprus fintech company payable. in a transaction worth more than € 100 million.

The transaction is significant for Cyprus as it represents one of the largest secondary fintech transactions involving a Cyprus-based company. For ECM Partners, the acquisition marks an entry into the electronic payments industry and further diversifies its investment portfolio beyond sectors such as healthcare and real estate.

ECM Partners has agreed to acquire a 50% stake in Cyprus fintech company payable. in a transaction worth more than € 100 million. The transaction is significant for Cyprus as it represents one of the largest secondary fintech transactions involving a Cyprus-based company. For ECM Partners, the acq...

10/08/2026

Greece has adopted a new special spatial framework for tourism, introducing nationwide planning rules that will determine where and under what conditions tourism development can take place. The framework divides mainland Greece into five categories based on tourism intensity and development pressure: controlled development areas, developed areas, developing areas, early development areas and special development support areas.

The different categories are intended to manage growth in highly developed destinations while encouraging investment in areas with greater capacity for tourism development.

Greece has adopted a new special spatial framework for tourism, introducing nationwide planning rules that will determine where and under what conditions tourism development can take place. The framework divides mainland Greece into five categories based on tourism intensity and development pressure...

10/08/2026

Paros Airport, located on the island of Paros in Greece, will receive a € 45.44 million upgrade following the Greek Ministry of Infrastructure and Transport’s approval of the project under the National Development Program 2026–2030. The project, aimed at strengthening the island’s aviation infrastructure and passenger capacity, is scheduled for completion by 31 December, 2030.

The project will significantly expand the existing airport infrastructure.

Paros Airport, located on the island of Paros in Greece, will receive a € 45.44 million upgrade following the Greek Ministry of Infrastructure and Transport’s approval of the project under the National Development Program 2026–2030. The project, aimed at strengthening the island’s aviation i...

10/08/2026

The Great Sea Interconnector (GSI) is a planned subsea electricity link designed to connect Cyprus to the European electricity system through Greece. The project will connect the electricity systems of Cyprus and Greece, strengthening energy links between the Eastern Mediterranean and the European electricity market. The project is intended to end Cyprus electricity isolation and strengthen the energy security and resilience of Cyprus and Greece, while also enhancing Greece’s role as a regional energy hub.

Meridiam, a French infrastructure investment group, has now become the majority shareholder in the company, taking over the controlling position previously held by IPTO.

The Great Sea Interconnector (GSI) is a planned subsea electricity link designed to connect Cyprus to the European electricity system through Greece. The project will connect the electricity systems of Cyprus and Greece, strengthening energy links between the Eastern Mediterranean and the European e...

03/08/2026

Greece, the United States and South Korea have unveiled plans for project Trident, a proposed € 1.35 billion investment programme that aims to transform the Elefsina shipyards into one of the Eastern Mediterranean's leading shipbuilding, logistics and defence industrial hubs.

The initiative was announced through a memorandum of understanding between Greek shipyard operator ONEX and South Korean shipbuilder Hanwha Ocean with the support of the United States. The investment programme remains at the planning stage and is expected to be implemented over the next five to seven years, subject to further agreements and financing.

https://www.navinvestgreece.com/post/greece-unveils-1-35-billion-trilateral-project-trident-for-elefsina-shipyards

30/07/2026

Cyprus has approved a € 6 million state aid scheme to support the operation of the Cyprus AI Factory Antenna Pharos-CY, a national artificial intelligence initiative aimed primarily at helping small and medium-sized enterprises (SMEs) adopt AI technologies.

The initiative will provide businesses with free advisory services, technical support, training and access to advanced AI expertise and computing resources. It forms part of Cyprus broader strategy to strengthen the country's digital innovation ecosystem and accelerate the adoption of artificial intelligence across both the public and private sectors.

Cyprus has approved a € 6 million state aid scheme to support the operation of the Cyprus AI Factory Antenna Pharos-CY, a national artificial intelligence initiative aimed primarily at helping small and medium-sized enterprises (SMEs) adopt AI technologies.

30/07/2026

Cyprus is expected to establish its new Business Development Organisation (CBDO) within the next 12 to 18 months, creating the country's first dedicated public development finance institution aimed at improving access to funding for small and medium-sized enterprises (SMEs), startups and self-employed professionals. The organisation will begin operations following the appointment of its seven-member board of directors, with an initial two-year transition period to develop its financing programmes and operational framework.

Cyprus is expected to establish its new Business Development Organisation (CBDO) within the next 12 to 18 months, creating the country's first dedicated public development finance institution aimed at improving access to funding for small and medium-sized enterprises (SMEs), startups and self-employ...

30/07/2026

Greek industrial and energy group METLEN has signed a long-term agreement to supply an unnamed leading US technology company with gallium from its production facility in Greece. The agreement covers approximately 25% of the plant's expected annual gallium production.

According to METLEN, the agreement marks the first major commercial deal for the supply of European-produced gallium between a European producer and a leading US technology company.

Greek industrial and energy group METLEN has signed a long-term agreement to supply an unnamed leading US technology company with gallium from its production facility in Greece. The agreement covers approximately 25% of the plant's expected annual gallium production.

27/07/2026

Foreign investment has become an increasingly visible part of Greece’s real estate landscape, but domestic demand continues to drive the majority of market activity. In 2025, foreign buyers accounted for 8.7% of the total value of property transactions in Greece, meaning that more than 90% of property activity was generated by domestic buyers and investors. Foreign investment remains a relatively limited share of the overall Greek property market.

Foreign investment has become an increasingly visible part of Greece’s real estate landscape, but domestic demand continues to drive the majority of market activity. In 2025, foreign buyers accounted for 8.7% of the total value of property transactions in Greece, meaning that more than 90% of prop...