{"id":253170,"date":"2025-01-30T16:07:47","date_gmt":"2025-01-30T14:07:47","guid":{"rendered":"https:\/\/maritimes.gr\/?p=253170"},"modified":"2025-01-30T16:07:47","modified_gmt":"2025-01-30T14:07:47","slug":"new-report-reveals-hemexpos-e2-billion-contribution-to-greek-economy","status":"publish","type":"post","link":"https:\/\/maritimes.gr\/en\/new-report-reveals-hemexpos-e2-billion-contribution-to-greek-economy\/","title":{"rendered":"New report reveals HEMEXPO\u2019s \u20ac2 billion contribution to Greek economy"},"content":{"rendered":"<p>A new report from HEMEXPO, the leading Greek marine equipment manufacturers and exporters association for the international shipping industry, has highlighted the association\u2019s significant contribution to the Greek economy during 2021-2022.<\/p>\n<p>The third study of its kind, conducted by the Foundation for Economic and Industrial Research (IOBE) and presented by its General Director, Professor Nikos Vettas, provides an updated assessment of the importance of Greek marine manufacturing companies to the country\u2019s economy. The report explores HEMEXPO\u2019s substantial economic contribution, illustrating an impressive growth trajectory over the last decade for HEMEXPO member companies. It also highlights the challenges faced during this time and offers several policy recommendations that could support the sector\u2019s continued development.<\/p>\n<div id=\"attachment_207894\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-207894\" class=\"size-full wp-image-207894\" src=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/04\/Helen_Polychronopoulou.jpeg\" alt=\"\" width=\"450\" height=\"674\" srcset=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/04\/Helen_Polychronopoulou-200x300.jpeg 200w, https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/04\/Helen_Polychronopoulou-400x599.jpeg 400w, https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/04\/Helen_Polychronopoulou.jpeg 450w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><p id=\"caption-attachment-207894\" class=\"wp-caption-text\"><br \/>Helen Polychronpoulou, President HEMEXPO<\/p><\/div>\n<p><strong>Ms. Eleni Polychronopoulou, President of HEMEXPO<\/strong> said, \u201c<em>The sector\u2019s remarkable contribution to the Greek economy results from the outstanding achievements of HEMEXPO\u2019s member companies. Success has not been without its challenges though, and we have had to adapt to factors out with our control which has required a tremendous amount of resilience. However, between 2014 and 2022, the companies more than tripled their total turnover, reaching \u20ac677 million, showcasing significant growth over this period.<\/em><br \/>\n<em>\u00a0<\/em><br \/>\n\u201c<em>Going forward, HEMEXPO will continue to support its member companies in reaching their full potential by addressing challenges head-on as we aim to secure a more sustainable and competitive future.<\/em>\u201d<\/p>\n<p>In 2022, HEMEXPO&#8217;s total contribution to the Greek economy reached \u20ac2 billion, nearing 1% of the country&#8217;s GDP. Additionally, the activities of HEMEXPO&#8217;s companies and their suppliers generated fiscal revenues of \u20ac312 million, underlining the Hellenic marine equipment sector&#8217;s undeniable importance to the country.<\/p>\n<p>The study also shows HEMEXPO member companies currently employ over 2,900 people, with the total employment impact reaching 13,400 positions as each job supports a total of 4.4 jobs in the Greek economy.<\/p>\n<p>Challenges referenced included access to foreign markets \u2013 particularly in Asia &#8211; obtaining necessary certifications and adapting to increasingly strict international environmental regulations.<\/p>\n<p>Marine equipment manufacturing: Trends, prospects, and contribution to the Greek economy is available to read in full, and can be accessed\u00a0here.<\/p>\n<p><em><strong>About HEMEXPO\u00a0<\/strong><\/em><\/p>\n<p><em>HEMEXPO \u2013 Hellenic Marine Equipment Manufacturers and Exports \u2013 is a leading suppliers and exporters association for the shipping sector, representing Greek maritime technology specialists worldwide since 2014.\u00a0<\/em><\/p>\n<p><em>HEMEXPO brings together Greek companies that manufacture and export a comprehensive range of world class marine equipment and technical services used in the construction, conversion, maintenance and upgrading of ships and other marine structures.<\/em><\/p>\n<p><em>http:\/\/hemexpo.gr\/<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report from HEMEXPO, the leading Greek marine equipment manufacturers and exporters association for  [&#8230;]<\/p>\n","protected":false},"author":23,"featured_media":249869,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[273,298],"tags":[307],"class_list":["post-253170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritimes-news","category-seagoing-maritimes-news","tag-featured-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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