active greece 2015

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ACTIVE GREECE 2015

A W ARD S 2015

ACTIVE GREECE

A review of public debt is the cornerstone to restart Greece’s economy, as it has already eliminated its twin deficits (fiscal and current account). A favorable agreement between Greece and its international lenders on government debt would remove all kinds of skepti-cism towards the prospects of the country’s economy; it would also enhance the country’s position within international capital markets and make the Greek economy attractive to investors. Such a development is certainly in the interest of the EU. In this context, and while a new relationship between Greece and its creditors is crucial, especial strength is being exhibited by some businesses which continue to expand their presence in foreign markets. In spite of the heavy losses recorded in the private sector of the economy, the forces of extroversion – i.e., export businesses, shipping, tourism industry – continue each year to expand their share in the Gross Domestic Product. Specifically: Firstly, in spite of the immense contraction of Greek GDP by 25 percent during the years of the economic crisis, private investment (excluding building construction) have shown considerable resilience, with almost no funding. Many companies have invested significant funds since early 2009 until the end of 2014 to improve productivity and export activity.Greek export figures reported last December exceeded even the most optimistic of fore-casts, which resulted in greatly limiting the sector’s rate of decline registered during the first nine-month period of 2014. As a result, the total value of Greek exports in the previous year once again exceeded the level of 27 billion euros, reaching 27.17 billion euros com-pared to 27.56 billion euros in 2013, a slight reduction of 1.4 percent, not taking into ac-count petroleum products results of a marginal increase of 0.1 percent.According to a study conducted by the Panhellenic Exporters Association and its Export Research and Studies Centre (KEEM), non-finalized data provided by the Greek Statistical Authority showed a 4.3 percent increase in the total value of exports for December, 2014. They rose to 2.19 billion euros for the month from 2.1 billion euros in December 2013. Not including petroleum products, the increase, in excess of 212 million euros for December, represents a considerable 16 percent increase compared to the equivalent month in 2013.Secondly, the Greek shipping market holds a leading position in the global market. Greek ship owners control more than 4.065 cargo ships, of which about 3,760 are estimated to be seagoing. A further indication of the strength of the Greek shipping sector is the fact that 52 percent of the listed shipping companies in the world’s two largest (by market capital-ization) stock exchanges – NYSE and NASDAQ – are of Greek ownership. Further, shipping is an especially important sector of Greece’s economy. Maritime transport directly contributed 8.4 billion euros of added value (approximately 4 percent of the entire economy).Thirdly, the Greek tourism sector has continued to achieve its targets and support the country’s economy both in financial and social terms. Indeed, last year, tourism proved to be the key driver of economic growth in Greece. The sector continues to be one of the top contributors to GDP and – in a year that the country welcomed a record 17.9 million international visitors, who accounted for 12.2 billion euros in direct receipts – it is no coinci-dence that, in 2013, Greece posted a primary budget surplus for the first time in a decade. Going forward, the Greek Tourism Confederation has just revised its 2014 international ar-rivals target from 18.5 million to 19.5 million; this a total of 21.5 million if cruise ship visitors are taken into account. Total tourism revenue is also anticipated to top 13.5 billion euros this year.The above performance would be greatly accelerated if the country achieves greater political stability. It is obvious that reforms need to be carried on in order for large-scale investment to begin: a roadmap for growth, based on more structural reforms, will allow businesses to become more competitive, create jobs and attract investment. Additional funding of Greece’s economy will be greatly enhanced by European initiatives, such as the liquidity support from the European Central Bank (QE – quantitative easing) and Jean-Claude Juncker’s Investment Plan.

Greece’s extrovert

forces a driver to restart

the economy

By Spyros Ktenas

editorial

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HE15001_23X30_HR.pdf 1 2/27/15 11:59 AM

CONTENTS

Editorial: 6 Spyros A. Ktenas

14 Interventions

49 Distinguished companies

71 Export Leaders

277 Tourism

299 Shipping

www.exportleaders.gr

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ACTIVE GREECE 2015 - EXPORT LEADERS

Natural gas ignitings the engine of development

The use of natural gas as a fuel for vehicles and while covering the energy needs of industrial, commercial and domestic sector has increased the rate of devel-opment which has ‘green’ features and facilitates.

Natural gas is the most economical fuel being the answer to the mandates of sustainable development thanks to its envi-ronmental profile. DEPA, is committed to invest in infrastruc-ture development in order to make natural gas accessible to all and strengthen the “economy of natural gas”, which supports all directly and indirectly involved fields, boosts employment, strengthens the competitiveness of the industry and enterprises and improves the citizens’ quality of life. The penetration of natu-ral gas in the domestic market has been accelerated because

of DEPA’s competitive tariff, which comprises of decreased supply prices and rolling-over the discounts to the consumers (industries and individuals).

Entrepreneurship and employment are on the “natural gas track ”The industry and commercial sectors have access to a cheap, non-polluting fuel that results in low operational costs and de-velopment of new infrastructure, new technologies and new jobs. Transportation has an “ally” in the movement of people and goods since professional fleets and means of transportation invest in CNG to reduce fuel consumption and their carbon foot-print. DEPA has managed to bring natural gas to most house-

The industry and commercial sectors have access to a cheap, non-polluting fuel that results in low operational costs and development of new infrastructure, new technologies and new jobs.

Making our energy yours —we help provide gas to hundreds of thousands of small businesses and consumers throughout Greece.

DEPA_23x30_Eidiki Ekdosi_4sel.indd 2 2/19/15 12:53 PM

holds and with its continuous efforts in developing infrastructure gives access even remote areas and subsequently benefit from the use of this economical fuel. Natural gas is associated with the concept of “new business” and “green development”, a field where bodies and enterprises directly or indirectly base their activity and profits (financial, social, environmental) on the use of natural gas.

Ongoing investments on the natural gas network infrastructureDEPA Group, with big investments and significant international agreements and joint ventures (Shell, ENI, Edison etc) contrib-utes to economy growth, environmental protection and improve-ment of the quality of life of the local communities by developing its network and securing the country’s supply.

DEPA: Substantial Contribution to Economy Growth

A group that…

• introduced natural gas in Greece by making a big energy investment

• has significant contribution to Greek economy growth, environmental protection and improvement of local communities’ quality of life

• supplies industries, enterprises and households with natural gas following the “path” of sustainable development

• covered with natural gas an area from Thrace to Attica and all big consumption areas of the continental part

• made co-operations with big international companies

• opened up the way to gas-driving by establishing stations in big cities

• develops initiatives so that Greece plays an important role as natural gas transit hub to Europe.

In Greece, DEPA opening up the market for CNG-fueled vehicles, develops refueling stations throughout the country under the FISIKON brand (trade name of the natural gas for vehicles) aiming at raising awareness of CNG in the Greek road network.


In Greece, DEPA opening up the market for CNG-fueled vehi-cles, develops refueling stations throughout the country under the FISIKON brand (trade name of the natural gas for vehicles) aiming at raising awareness of CNG in the Greek road network.

Creating the necessary infrastructure for the physical intercon-nection of the National Natural Gas System with the natural gas systems of neighboring countries continues to be the basic target of the Group’s strategy which aims at strengthing the security of supply in Greece and in the wider region through the diversification of supply sources and natural gas routes to the West. Infrastructure also serves as a platform for the develop-ment of international co-operations in order DEPA to be com-mercially active abroad, while exploiting opportunities, through relevant cooperations, for innovative applications in natural gas use domestically.

It is worth noting that the company’s targets are in a few words: maintenance of its leading position in the domestic market and competition conditions and the unhindered continuation of the group’s business programme having as main axes:

• implementation of the strategic importance of the intercon-necting gas pipelines with neighboring countries, invest-ments for the development of critical infrastructures inside the country (ITGI, IGB, Aegean LNG, network expansions, satellite CNG or LNG supply systems etc)

• expansion of its commercial activities to new regions of the country and other markets in SE Europe and the Balkans (strategic alliances outside the borders)

• exploitation of new innovative applications in natural gas use, such as electricity and heat/cool co-generation, setting up satellite supply systems for remote areas/ customers, vehicle moving etc.

DEPA’s Strategic Goals:- secure a competitive, well-diversified

and flexible supply- lead the natural gas energy market- develop necessary infrastructure in

Greece and throughout the region- contribute to the creation of a "green"

and efficient gas market- support the communities that support

us—in every way possible


Natural gas offers an outstanding field of application in trans-portation and goods transit, being the ideal fuel for vehicles of any size and offering a wide range of advantages. It is economi-cal for individual and professional vehicles while at the same time it is friendly for the urban environment and contributes to the restriction of air pollution.

FISIKON technology – namely the natural gas used as fuel for vehicles – is tried, advanced, safe and offers the same possibili-ties with the most widely spread choices. In order support the idea of using natural gas as a fuel, DEPA develops infrastruc-tureand implements strategic co-operations aiming at expand-ing the use of this economical, safe and environmental friendly fuel on the Greek roads.

DEPA currently operates 6 refueling stations in various cities all over Greece. Three of them can be found in Athens:

• ΕΚΟ – 264, Kifisias Avenue, Kifisia

• ΕΚΟ – 8th km of Athens-Lamia National Road, N. Philadelphia

• Fisikon refueling station in Anthousa, on the side road of Attiki Odos

in Thessaloniki:

• EKO – 128, Georgiki Scholi Avenue, Pylaia, and

• ΒΡ – 36, K. Karamanli Avenue, Nea Magnisia and

in Volos:

• ΒΡ – 202, Larisis Street.

One more refueling station is under construc-tion in Larisa and one in Lamia while 6 more are under licensing phase in Athens.

On the path of development Clean, affordable, safe: natural gas is helping more and more Greeks get to where they need to go.


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President of the Hellenic Federation of Enterprises

Theodoros Fessas

Following a prolonged period of uncer-tainty, Greece’s economy is now directly looking for a growth path. While Ireland and Portugal are set to exit their support pro-grams, based on an increase in their exports, Greece presents a remarkable inability to support a recovery of production and extro-vert entrepreneurship. This is partly due to the fact that Ireland, Spain and Portugal lost only about 7 percent of GDP, compared to Greece’s painful loss of 26 percent of GDP.The truth is that the optimistic signs dur-ing the first period of the crisis (2009-2012), when exports grew by 55 percent, have been followed by a prolonged fatigue. A careful analysis shows that for several years Greece’s exports have not been the economic growth driver, unlike many other economies. In 2013, exports accounted for only 29 percent of GDP (or €52.4 billion).Today, Greek export products are of me-dium to low technological value and of limited differentiation. So, it is difficult to compete even with southern European products. Lastly, the export base is extreme-ly limited, as 80 percent of exports are made by about 200 companies. Even though in the period 2010-2013 about 1,500 new ex-porters were added annually, their activity was occasional and limited.So what is needed is to reexamine Greece’s export activity from a different angle and seek to enlarge the number of exporting businesses and the production of interna-tionally traded higher innovation and value added products. To achieve this, a plan is needed for exports based on three pillars: (a) extrovert entrepreneurship; (b) friendly business environment; and, (c) support ser-vices to the participation of exports (goods and services) to GDP to rise by more than 40% by 2025.First Pillar: Extrovert EntrepreneurshipThe key is investing in innovation. For com-petitive and technologically finest products, companies should place more emphasis on research and development and the rapid uptake of innovation in the outgoing gen-eration. This is necessary to accelerate the contribution of medium-tech exports from approx. 12 percent today to 25 percent in a decade.Greece suffers from economies of scale, es-pecially in exports, and this is why synergies are necessary. Without underrating the suc-cessful course of Greek multinational com-

panies, it is impossible for the economy’s ex-port orientation to rely exclusively on them. Instead, the focus should be on utilizing the skilled human resources, the national infra-structure, the stability provided by the EU and the euro in order to draw foreign invest-ment as a key factor of economic growth.Second pillar: Business environmentA quick recovery program is needed to restore the international competitiveness of Greece’s industrial sector. For example, the high energy cost, which is not only a national problem but also relates to the south European industry in general, acts as a constraint. The same applies to the high funding costs and limited access to fund-ing. It is necessary to introduce alternative financing methods outside the banking sec-tor, as is already the case in many European countries.In addition, in the framework of customs reforms, a single tax portfolio could be cre-ated for each export business directly off-setting debit and credit tax, etc., (including VAT), to improve export liquidity. Creating Service Centers for Export Businesses in major customs to provide prioritized service to companies with significant export flows will accelerate the export efforts. Finally, we should move away from traditional state aid of limited benefits and reward healthy entrepreneurship through tax incentives, export growth clauses employment clauses, etc.Third pillar: Support ServicesThe growing and new exporters are in need of mechanisms that would upgrade their presence in new markets. Key to this effort is the evolution of Embassies to business hubs to provide specialized information and analysis of barriers, prospects, opportuni-ties, etc., to facilitate entry in local markets.Obviously, an export economy does not work in isolation from the regulatory and political environment. Despite the country’s significant improvement in international reforms rankings, uncertainty and weakness of understanding on key issues discourage investments, as well as small businesses’ intensions to modernize and grow in order to look to international markets. The sooner we realize that the growth of the export pie is a one-way road to produce wealth and jobs, the sooner we will overcome obses-sions and tactical concerns and will emerge from the recession.

Seeking a growth path

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President & CEO of Piraeus Port Authority S.A.

Giorgos Anomeritis

The redevelopment of an abandoned area in the main port of Piraeus to create the Piraeus Cultural Coast is now under way on a total space covering 180,000 sq.m. The project includes Parks, Muse-ums, Squares, and it is the first time that a part of the port is being designated for residents and people of culture.The Piraeus Cultural Coast satisfies a da-cades-long demand to integrate the port to the city, so that it ceases to function as a wall - barrier to the sea.Already, plantation and illumination ac-tivites are under way in an ancient site to make it visitable. The old SILO is being converted into the Museum of Underwa-ter Antiquities. The Stone Warehouse is being renovated to house the Museum of Ancient Greek Technology, the Im-migration Museum, the PPA Historical Archives, as well as a Passenger Terminal. The South Warehouse is being offered to be redeveloped into a space of cultural activities in art exhibition rooms. The North Warehouse will be converted into a hotel. The building in Kastraki will be con-verted into the Thematic Archaeological Museum of the Port and Piraeus City. The Keratsini-Drapetsona Municipality and Pireus district authorities have been as-signed the redevelopment of the Drapet-sona Park, in a space allotted by PPA.The Piraeus Cultural Coast project marks PPA’s contribution to improving the qual-ity of life of some 1.0 million inhabitants, giving access to the seafront not only to Piraeus residenrts but also to west Athens inhabitants.Some of the projects in progress:- Converting the SILO to a Museum of Un-derwater Antiquities is among the most important, unique projects in Greece. The magnitude and impact of the museum is regarded to be huge as it is one of the few single thematic museums worldwide. The creation of this specialized thematic museum fills a big gap in the country’s museum map. According to a study by the Ministry of Culture, the Museum will house two thousand artifacts which have

been found at sea bottom in Greece by the Department of Underwater Antiqui-ties, including mainly statues, amphorae, shiprecks, ship parts, fittings etc., as well as the original datebooks from searches by Jacques-Yves Cousteau.- The Thematic Archaeological Museum of the Port and Piraeus City will be built in close proximity to the significant ar-chaeological site of the Hietioneia Gate to create a unique interactive coexistence of the site and the museum. Its objective is to be a main history agent of the city of Piraeus through an ongoing dialogue with its citizens. It is aspired to contribute to creatibg a collective vision of the mod-ern city of Piraeus and serve as a spring-board to familiarize with monuments and archaeological sites. The museum’s exhib-its comprise 2,961 archaeological finds, almost all of which come from archaeo-logical diggings in the region.- The north port extension to accommo-date new generation cruise ships will cost €136 million and already a subsidy of up to 95% has been secured from the EU. - An architectural competition is being scheduled for the new cruise passenger terminal in the port extension, as well as for the surrounding space of the wider cruise area, including a special project to highlight part of an ancient fortification of Piraeus.As part of its social responsibility to citizens, residents in the wider Piraeus area and cruise operators, PPA is closely working with the Ministry of Culture and a number of other local authorities to carry out this vast, complex and chal-lenging project, creating a new Culture and Tourism Portal by targeting the im-mediate development of the port into a cruise hub for the eastern Mediterranean. PPA has included all these projects in its strategy for the celebration in 2021 of the 2500 years from the Battle of Salamis, a significant world event as it correlates to Democracy. This is why PPA supports the bid of Piraeus to be designated European Capital of Culture 2021.

PIRAEUS CULTURAL COASTPPA’s major involvement in Piraeus and in Culture

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Alternate Minister of Economy, Infrastructure, Shipping and Tourism

Elena Kountoura

Greece confirms, every single day, that the country is capable of winning battles, confronting challenges, distinguishing itself, and capturing leading places at all levels.The country’s export industry stands as a sector that has registered strong performances for decades. The range of products and services presently be-ing exported is proof of their value and strength, while also highlighting the grit and determination of entrepreneurs who have managed to take Greece to numer-ous countries around the world. Greece’s exports contribute significantly to the economy as this form of commer-cial activity creates jobs and adds value to regions and social groups. However, the scale of activity can grow a lot more and the sector can be further developed through new procedures that are simpler and obstacle-free, in other words, as ev-ery exporter would like them to be. The State has a vision and plan for exports, whose implementation will liberate the sector’s creative potential. Exports and Greek tourism share a com-plementary relationship. And it is a well known fact that both the tourism and

export sectors contribute decisively to the Greek economy’s reinforcement. Products and services exported to other countries promote Greece and draw visi-tors to the country for further acquain-tance through first-hand experience. On the other hand, Greek tourism growth and the increased level of tourism arriv-als into the country prompts a greater number of visitors to look out for Greek products in their domestic markets, once back home. This inter-linked crossover process join-ing the two sectors produces benefits for both, while, on a larger scale, their contri-bution to the Greek economy and society is particularly significant. Based on this notion, the tourism ministry is offering its support to Greek products, while an initiative promoting “Greek breakfast” has developed considerably. Furthermore, we believe Greek products constitute a key part of all the country has to offer to visitors. Greek products that are exported serve as “ambassadors”, representing and promoting Greece abroad. They contrib-ute to our effort to promote Greece and everything the country has to offer visi-tors.

Greek tourism and exports are the pillars of the Greek economy

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Member of the Parliament for “To Potami” and Porte-parole of “To Potami” Parliamentary Group

Harry Theocharis

The extroversion of the Greek economy is a favourite topic among industry lead-ers and experts. The main pillar of an extravert economic model should be its exports. However, economic extrover-sion should also include model inputs. Being an integrated part of global value chains, easing investors’ access to the domestic market, promoting innovation and knowledge creation through the establishment of technology parks and business incubators, bringing together universities, research centres, private investors and businesses, are equally im-portant pillars of extroversion. During the last years, the competitive-ness of the Greek economy clearly ame-liorated, through specific labour and product market reforms. Exports were the only positive contributor to GDP in the last 4 years. However in 2013 and 2014 export market turnover of indus-try seems to be stagnant. This can be visualised by the Greek exports without fuels and ships that lie around €14.5 bn (at just 8% of GDP) in 2014. At the same time, manufacturing utilisation rates still remain at 68%.These figures indicate that the recent price-led export recovery has been left without steam, leaving the ex-port convergence goal far away from the European average of 19% of GDP. In order to revitalise its exports, the Greek economy should take into account its most valuable resource, its human capi-tal, and focus in knowledge intensive sectors, in order to produce high value added goods. There are several sectors that possess the resources to become export champions. Food and beverages,

pharmaceuticals, cosmetics and health products, logistics and secondary manu-facturing, new materials, specialty chemi-cals are some sectors, where potentials are high. What needs to be improved is the regula-tory infrastructure that would minimise state red tape and counterproductive friction. Opening up markets, easing busi-ness licensing, implementing a simple and business friendly tax regime, shaping an efficient public sector and reducing financial intermediation are fundamental steps that should be taken by any reform-ist government in Greece. Bankruptcy code should be relaxed, by limiting the cases where bankruptcy would be con-sidered as penal offence. New ventures in knowledge and technology intensive sec-tors should be provided with tax rebates and tax relief during their first stages. We could even go a step forward in actively motivating exports growth by providing tax relief or tax discounts for the firms which would fulfil certain pre-set export volume growth and employment growth targets. In order to assist the growth of the tar-geted business sectors and minimise the friction with the public sector, the Greek government should establish regional, sectorial and college business incubators and industrial parks, in order to propel innovation and entrepreneurship.A Greek export-led economic model could be the steamer of the Great Con-vergence of the Greek economy, leading to a manufacturing utilisation rate higher than 80%, export of goods to GDP of 20% and gross capital formation of 18%.

State role in export revitalisation

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Executive Vice-President & Deputy C.E.O.

Dimitris P. Giannakopoulos

The outward-looking approach of Greek businesses in the pharmaceutical indus-try sector has demonstrated impressive dynamic growth in recent years. This dy-namic is the product of forward planning by Greek pharmaceutical companies, which have continued to invest in and strengthen the country’s export profile, contributing substantially to the trade balance despite the adverse conditions they have had to face in the domestic market. 2014 was another bleak year, yet another addition to the years under the Memo-randum of Understanding and the poli-cies of austerity, with incalculable conse-quences for the Greek people, as well as for entrepreneurship. The Samaras government preached a new model of development for the country, which was to rest in part on the cornerstone of the pharmaceutical indus-try. Instead, we saw further deregulation of the market for pharmaceuticals, the counter-development measures of rebate and clawback continued in full force, and indeed at even higher rates, whilst the public expenditure budget for pharma-ceuticals was reduced even further at the same time as pharmaceutical treatment for the uninsured and vaccines were in-corporated within it. The undermining of the Greek pharma-ceutical industry by the ND-PASOK coali-tion government was supplemented by a framework for tenders of dubious legality for procurement of pharmaceutical drugs by public hospitals, with direct premiums given to foreign pharmaceutical compa-nies. To balance this ‘hostile’ domestic climate, companies in the sector focused with greater intensity on overseas markets, building on the confidence in Greek pharmaceutical products shown by more than 80 countries worldwide for years now. Against this background, the largest Greek pharmaceutical company, VIANEX SA, developed a notable range of export-

oriented initiatives, the outcome of which set them among the largest exporters in the country.

The ‘jewel in the crown’ is clearly VIANEX’s agreement with Eli Lilly for the produc-tion of the injectable antibiotic vancomy-cin at its facilities for export to the Chi-nese market. During 2014 it delivered the first batches, which amount to 2,000,000 items. By 2019, it is expected that it will be exporting 10 million vials of vancomy-cin annually.

At the same time, we are seeking to further strengthen ties with China, build-ing on the foundations of the common understanding between us, given the long history of our two countries. Among VIANEX’s goals is expansion into other markets such as Korea, Vietnam, Japan, and the Arab countries. For example, in the context of the worldwide Cityquest-KAEC Forum, held last December in Saudi Arabia, contacts were made with lead-ing companies in the healthcare sector involved in prescription pharmaceuticals and over-the-counter consumer prod-ucts, as well as hospital and healthcare in-stitution representatives, which will allow VIANEX to design its diversification into other sectors allied to the drug industry.

Greek pharmaceutical drugs could be-come the top export product of the country within the next five years, and a major portion of domestic market needs could also be met. The precondition for this, of course, is the proper functioning of the market at home and the support of domestic pharmaceutical drug pro-duction through immediate lifting of austerity measures and the creation of a stable and fair taxation and economic development framework. We expect the new government of SYRIZA and the Inde-pendent Greeks to turn its election com-mitments into practice and secure the productive reconstruction of the country together with a sustainable pharmaceuti-cal drug policy based on the develop-ment of Greek business enterprises in the sector.

The export orientation of the Greek pharmaceutical industry constitutes an one-way road

President of SEVITEL

Grigoris Antoniadis

First of all, the fact alone that the occa-sion for this article concerns an event on export orientation stands as a very optimistic message, as, in my opinion, the sector is pivotal for our country’s sustain-able economic growth. The Greek olive oil sector is playing a leading role in this department. It already holds two major international distinc-tions. Firstly, the country’s sector is ranked second, behind Spain, in terms of production, alternating the ranking with Italy as a result of the sector’s variably circular nature. Also, in terms of quality, local olive oil sector occupies top spot in the global market, as Greece is consid-ered to be the biggest producer of top-quality extra virgin olive oil, well ahead of Spain. Even so – and I regret to have to say this - Greek consumers cannot enjoy this qualitative superiority because, to a great extent, they continue to “entrust” olive oil in bulk form without being in a position to know about the disadvantages and negative consequences of its use.In general, olive oil is a highly sensitive product whose quality can only be certi-fied through extended analysis. When supplied in bulk, it is not controlled, while, on the contrary, standardized olive oil may offer consumers all the quality standards they expect.

The challenges for Greek olive oilTherefore, in my opinion, the exportation of standardized Greek olive oil, amid the various persisting ways related to the sale of bulk olive oil, represents one of the major contemporary challenges in the industry. Of course, it is a fact that the course of standardized olive oil exports has been deemed as particularly positive in recent years. The promotional programs imple-mented by our association, in coopera-

tion with the European Union and the Ministry of Rural Development and Food, have been well received throughout the world. Specifically, over the past eight years, SEVITEL has carried out Greek olive oil promotional programs in 19 countries, with considerable success I may add, as reflected by the growth of our exports. It is worth mentioning that one in three packaged oil bottles produced in Greece heads to markets such as the USA, Cana-da, Australia, Belgium, the UK, the Scan-dinavian countries, the Middle East and, more recently, Japan, China, and Latin America among others. As a result of this effort, we have doubled the export level of brand-name Greek olive oil, which confirms the correctness of our strategy for effective product sup-port through targeted programs.Therefore, the sector’s export-orientation is essentially the only path towards growth, considering the domestic mar-ket’s modest size, the country’s deep re-cession, as well as the unfair competition resulting from illegal and uncontrolled bulk olive oil trade. SEVITEL is the first institution, among respective European agencies, to be car-rying out so many coordinated efforts for the olive oil product’s promotion abroad. Most pleasant of all, these efforts are pro-ducing results! Our objective over the next few years is to support the effort to spread the repu-tation of brand-name Greek olive oil to even more countries, or target markets. We are aiming to have doubled exports, yet again, by 2020.It is an attainable objective, especially considering the qualitative superiority of Greek olive oil, the dynamic export ori-entation of our members, as well as the support of the Ministry of Rural Develop-ment and Food and the European Union.

One in three packaged oil bottles produced in Greece heads to international markets

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PCT S.A. Commercial Director

Tasos Vamvakides

At first, I would like to cheer the initiative to promote and award companies fol-lowing an extrovert policy and strategy and thus their activities contribute to strengthening Greece’s standing in global competitiveness.Next, I would like to refer briefly to COS-CO group and to our company.COSCO is the first company in the world in bulk (China COSCO Bulk Shipping (Group) Co., Ltd.), the first company in China (COSCO Logistics), the number four company in container transport (COSCON) and fifth in the world in con-tainer terminal management (COSCO PACIFIC).In Greece, COSCO Greece - and since 2009 Piraeus Container Terminal (PCT) - represent COSCO Group in all of its ac-tivitiesSpecifically, with regard to container terminal, in the past five years PCT suc-ceeded in increasing its management to 3.0 million TEUS compared to 685,000 TEUS in 2010, by investing large amounts (€350-360 million) in infrastructure and superstructure. Given that over 80 per-cent of the managed load is tranship-ment cargo, one may wonder how this investment helps Greek importers and exporters.Apart from the company’s established and now recognized customer-centered policy, and its exemplary service to all of its customers, the answer is again in the figures. In brief, in 2014 as many as 2,240 ships docked at PCT’s terminal compared to 965 ships in 2009. In 2009 there was only one maritime company whose ships served imports and exports from and to the Far East by

direct approaches in Piraeus on a weekly basis.In 2014, approaches of large container ships increased to four per week, while the companies having positions in these vessels grew to more than ten. This automatically means that Greek companies have a variety of choices in selecting a transport company with competitive fares and journey times, and thus be reliable in delivery times of their products.At the same time, the port of Piraeus is gaining popularity in the global container transport as a modern, competitive and reli-able port of high productivity and specifica-tions. The additional investments program attracts more and more major multinational companies that show their confidence in COSCO, Piraeus and Greece, and invites more and more shipping companies to ap-proach Piraeus with their large ships. Such large ships loading and unloading transhipment cargos require smaller feed-ers to promote and distribute these loads throughout the Mediterranean basin and the Black Sea.In addition to cargo transhipped through Piraeus by sea there are also increasing loads which are transported by road and lately by rail to Greece’s northern borders and Central Europe thanks to the efforts and investments of COSCO Logistics. This process opens up new horizons to companies which already have in place an extrovert policy of selling and promoting their products abroad, as well as to other, new companies which follow suit and at-tempt similar activities.We believe that this is COSCO group’s con-tribution to Greek entrepreneurship and business extroversion.

COSCO’s contribution to Greece’s economy

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26


President Of The Panhellenic Exporters Association

Christina Sakellaridis

This year’s EXPORT LEADERS AWARDS, capture yet another time the true es-sence of the main challenges for the Greek Economy, in the macro-economic and the micro-economic level. In times of difficulty and in times of change we turn to leaders for guidance.In this kind of Leaders we are focusing on EXPORT LEADERS AWARDS seeking valu-able knowledge and experience to push forward for recovery from the crisis and towards sustainable growth.Despite what many think, Greece has global leaders in its exports sector. Agri-cultural products (such as olive oil, olives, fruits & vegetables, cheese and fisheries), raw materials (aluminium, marbles, mag-nesites), industrial goods (like construc-tion materials) and innovative products (pharmaceuticals, cosmetics, fashion items etc) are among the leading export-ing products not only in Greek standards,

but in terms of global trade figures.And we can do even better. The structural and administrative reforms on Greece’s external trade environment are already showing positive impact and Interna-tional Organizations agree that –when completed- the country’s exports could increase by a further 30% in the next years to come, leading to an added value of about 16 bln euros.This added value is a security deposit not only for those that will trade with Greece, but also in the context of a viable service of the countries external debt.The former US President John Quincy Ad-ams said that: “If your actions inspire oth-ers to dream more, learn more, do more and become more, you are a leader”. Let us all be inspired and taught by 2015’s EXPORT LEADERS and I am certain that we will do more, we will become more for the years to come.

Inspiring leadership

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28


President of Greek International Business Association

Kyriakos Loufakis

Economic data show that the Greek econ-omy finds itself very close to a point of stability. The on-going six year recession appears to be gradually reaching its end. The primary surplus in 2013 exceeded 1 billion euro. We avoided bankruptcy and is now time to move on from the economy of recession to an economy of recovery. During the last five years, Greek export-ers, during heavy recession, achieved a great success: from 2009 to 2013, Greek exports increased in total by 57,1% (nominal terms). The competitiveness of the economy, in terms of labor costs was restored and the Greek companies, under the pressure of declining domestic de-mand, turned to foreign markets, taking advantage of the significant reduction in labor costs.With regards to the geographical distri-bution of the Greek exports of goods, a significant shift was observed towards in-ternational markets outside the EU, such as North Africa, Middle East, Russia and China. In terms of sectoral composition, there were not many significant changes made. However, we have to point out the very good export performance of prod-ucts such as: aluminium, pharmaceuti-cals, plastics (polypropylene), canned fruit and vegetables, bream. In fact, I think the proper utilization of our coun-try’s comparative advantage in excellent agricultural production, could significant-ly boost our overall export performance.

We shouldn’t forget that Greece is the “heart and soul” of the Mediterranean.With small, but significant steps, Greek companies proved to the world that they can produce and export innovative and value-for-money products. However, since the mid-2013, lack of liquidity and working capital resulted in decrease of the Greek export dynamics and I fear that 2014 will close with a negative sign for the Greek export trade in goods.The objective under the reformed Cohe-sion Policy 2014-2020 is to double the current support, through the increased use of financial instruments. Moreover, the decision to implement ECB’s Outright Monetary Transactions (OMT) will restore confidence and rebound production and consumption in Eurozone markets. This has a particular impact for Greek com-panies, since the EU is our major export partner.As a closing statement, I would like to argue that the Greek export growth po-tential is significant and Greek exporters’ efforts to reach to this point, through heavy recession were very important. The solution to the liquidity problem is not easy for our country. However, we believe that the restoration of the financial condi-tions, with the use of bank and non-bank financing mechanisms will provide a new impetus to the production and export sector and will lead the Greek economy on a new and stable growth trend.

Greece, the “heart and soul” of the Mediterranean

30


President of the Athens & Piraeus Industrial Association

Dimitris Mathios

Deep my conviction is that, despite the crisis and the distance that still separates the production of our national product from equal participation in the interna-tional arena competitiveness the industry of the place continues to be a strong driv-ing force for another attempt recovery and development. It is, of course, speed, and direction through a realistic solution route. And as to the speed the problems con-nected with the options and the mixture of economic policy as well as the release of productive forces from the pathogen-eses of economy. The direction, however, the process of recovery and growth is one way and it has to do with the regula-tions in. Let us not forget that the regula-tions in is also an essential incentive for the recovery and maintenance of invest-ment today is the alpha and omega of the needs of our economy. Exports are the factor which leads to enlargement of the production base, which is needed in the country. The results so far of the export effort of the country seems to be impressive.Our exports have reached in 2012, top-ping off the crisis, 27.6 billion, maximum historical level and have remained at that level in 2013. The period in 2010-2012 the annual growth rate of exports was, be-

tween 13% and 20 %. In 2013 our exports accounted for more than 15% of the A. E. O. , when in 2009 represented only 7.5 %.In 2014, recorded an increase of exports by 23.4% in comparison with 2008, while compared with 2009, when there was a violent adjustment in the world crisis, the total exports of the country are increased by 50,3 %. For 2015 we are faced with the tough domestic and international real-ity despite the fact that the estimates of international organizations (EU, OECD) have arisen, encouraging, in anticipation of further increase of revenue from ex-ports of goods and services by 5 -5,5 %. Therefore, the Greek companies have now realized that the regulations in must be strategic objective. Despite all this, the competitiveness of the Greek economy will remain incomplete if not routed solu-tions facilitating access to new financing lines with competitive costs, compared with the European partners, as well as, if not reduce weights from the taxation, and the cost of energy. The Greek com-panies need deepening of the single market in Europe and better access to the markets of third countries, which represent 70% of the destination of Greek exports and fostered with the current euro-dollar exchange rate.

Extroversion is the only way for development

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32


President of the Greec Association of Food Industry

Evangelos Kalousis

It is well-known that the past years were very difficult for the economy of Greece, the citizens and the business sector in general, resulting in uncertainty and in-security within the market. The crisis has affected all sectors of the industry, includ-ing the Food Industry.Despite the overall negative environ-ment, the Greek Food Industry has made and is making continuous efforts and un-dertakes all necessary measures to face the crisis, emphasizing on initiatives such as the improvement of competitiveness, the promotion of exports and the devel-opment of products with added value, which are based on high quality Greek agricultural production. The Food Industry is one of the funda-mental pillars of the Greek economy representing 27,7% of the transformation industry and having a turnover of 13 bil-lion euro in sales. It employs more than 360.000 people (directly or indirectly), while 1.200 industrial enterprises are ac-tive in the sector.The Greek Food Industry has always been a dynamic, competitive and extrovert sector, with strong investing and com-mercial activity in Greece and abroad. The exports of the sector reach 3,5 billion euro representing 26% of the total Greek exports. Interesting to notice that the last 3 years, and despite the crisis, the Greek food exports had continuously shown positive growth.The current globalized environment, the

challenging economic situation and the limited potential of the Greek market require the activation in the markets abroad. We believe that this is a chal-lenge that we can meet as long as the nu-merous obstacles that hold back the ex-ports are removed and an action plan is developed, with emphasis on quality and consistency of service. Given the above, and based on the quality of the Greek agricultural production and processing industries, our enterprises can conquer new markets offering quality products in competitive prices. It is worth reminding the successful course of traditional Greek products such as feta, yogurt, honey, ol-ives, olive oil, etc. and the great potential of producing and exporting bio products. Tremendous opportunities exist when combined with a renewed and quality-driven agricultural production. In the Greek Food Industry we have a common goal; to find the way out of the crisis and the road back to growth. In order to achieve this, we need to implement a development model that is based on four axes: the improvement of competitiveness, the reinforcement of extroversion, the promotion of research & innovation and the attraction of new investments. Towards this direction, we will continue to make every possible effort, to work with passion and dedication, based on what we know best, i.e. to satisfy our con-sumers by offering top quality and safe products.

The Greek Food industry and its role in the recovery

34


President of the Federation of Industries of Northern Greece

Athanasios Savvakis

In a recent survey conducted among its mem-ber enterprises, FING recorded the reasons that lead manufacturing enterprises in the Northern Greek region to undertake interna-tionalisation activities. The survey showed that enterprises in North-ern Greece choose to go international because they wish to:-1. acquire the assets of their competitors

through the acquisition of intangible assets, mainly reputation and clientele;

2. gain direct access to the international mar-ket, taking advantage of its size;

3. enjoy access to resources and infrastruc-tures;

4. take advantage of financing and other in-centives provided by host countries, such as subsidies, grants, tax exemptions, etc., while

5. there are also some other general yet highly important reasons, such as the lower growth rate of the domestic market compared to that of foreign markets.

The above are related to pressures from the external environment. The pressures on enter-prises from the internal environment, which cause them to go international, are the follow-ing:-1. the first is connected to enterprises’ need

to improve their efficiency, and in order to achieve this they aim to create economies of scale and economies that are connected to synergies and collaborations in the host country, and

2. the second involves the development of an enterprise’s capacity. In order to achieve this enterprises enhance their sales networks and improve the marketing of their products in the foreign market.

However, the process involved in going in-ternational and starting a business in foreign markets is not, and cannot be, without compli-cations. There are many and varying barriers to the internationalisation of enterprises. There are 10 primary categories of barriers overall, which include the following:-1. Information barriers2. Government barriers3. Barriers resulting from the internal operation

of enterprises4. Barriers concerning product and pricing5. Barriers to distribution and promotion6. Procedural barriers

7. Barriers arising from suppliers and custom-ers

8. Barriers put up by the business environment9. Tariff and non-tariff barriers 10. Other barriers that do not come under the

above categories.Within this framework, FING presents the fol-lowing proposals for supporting internation-alisation and boosting the competitiveness of manufacturing enterprises in international markets:-Ι. INSTITUTIONAL INTERVENTION1. The creation of a “centre” within the Ministry

of Foreign Affairs, which will be responsible for the country’s economic diplomacy.

2. The upgrading of Economic and Commercial Affairs Departments in Greek embassies abroad.

ΙΙ. PROPOSALS FOR OVERCOMING THE INFOR-MATION BARRIER

1. Implementation of market research abroad, as well as investment opportunity research in target countries by organisations like En-terprise Greece.

2. Creation of an information and updating network for enterprises that intend to un-dertake internationalisation activities.

IΙΙ. PROPOSALS FOR THE PROMOTION OF PRODUCTS ABROAD

1. Creation of programmes for the promotion of Greek products abroad, aimed at increas-ing the international visibility of the “Made in Greece” sign.

2. Business missions must focus on specific sections of foreign markets, and carefully-selected enterprises should participate in these missions.

3. Annual planning of actions for the promo-tion and marketing of Greek products in specific target countries over a specific time period during the year.

ΙV. PROPOSALS FOR THE IMPROVEMENT OF THE BUSINESS ENVIRONMENT

1. Simplification of procedures and reduction of bureaucracy involved in exports.

2. Facilitation of entry, residence and employ-ment of foreign executives in Greece.

3. Provision of support for the development of a workforce that will undertake export activities.

Four sets of proposals to provide substantial support to Greek internationalisation activities

36


President of “Hellenic Confederation of Commerce & Entrepreneurship- ESEE” – “Piraeus Chamber of Commerce & Industry- PCCI”

Vassilis Korkidis

“...Greece is on the verge of a significant growth path, as the economy becomes more open and based on Foreign Direct Investment and Export Trade, in spite of the fact that the market, since December 2014, has suffered serious consequences and measurable losses due to the uncer-tain political climate and the recent na-tional elections. Our country is now back to development with many private com-panies surviving, during the long period of crisis and recession. After we reformed our economics, reorganized the public and private sector, we restarted business and returned strong to the real economy of E.U. and Eurozone.Given the fact that, exporting is vital to a country’s economic survival, contributing to the future wealth, increase in domestic production and employment, a brief look at the recent facts of the greek exports would be extremely useful. Specifically, exports have increased by 23,4% in 2014, in relation to 2008 and 50,3% in relation to the dramatic 2009. Excluding petroleum, in relation to 2008, the greek exports for the past year have actually fallen by 2,4%. During the effort to succeed internation-ally as exporters, greek SMEs have to sur-mount multiple barriers, such as the lack of access to finance, the bureaucratic ob-stacles, the astable tax environment, the lack of confidence from our trading part-ners. Therefore, in order to survive, grow and flourish in today’s highly competitive business environment, SMEs have to carefully decide which markets to enter and how to reconstruct the firm from a domestic to an international business. In addition, what they need the Greek en-

terprises, is the deepening of the single market in Europe and ensuring for better access to third country markets.In conclusion, I firmly believe that Greece’s export potential could be enor-mous. Greece controls 16% of interna-tional shipping, making it the world’s largest shipping nation. It is located along one of the world’s busiest international shipping lanes – the Suez Canal and the Mediterranean –and at the crossroad between three continents. This makes it a natural gateway for trade between Asia and Central Europe. As part of the EU, it is a member of the world’s wealthiest free trade area. It is plentifully endowed with sun, beach and culture, making it a prime tourist destination. As President of the Piraeus Chamber of Commerce and Industry, I would like to make a special reference to the great potential of the Piraeus Port, because I consider that it can be the biggest port in the Mediterranean and one of the most important distribution centers. To promote the “forwarding” role of the port of Piraeus, the re-functioning of the Com-modity Exchange of Piraeus is extremely essential, as well as the creation of a special procedure related to the registra-tion of foreign businesses having a Greek Tax Identification Number, in PCCI and the export registry. That way, the transit procedures and the issue of certificates of origin for the exports can be carried out in a more convenient way. We all wish 2015 to be the year-mile-stone, during which our united efforts will boost export activity and promote Greek entrepreneurship…!”.

…What they need, the Greek enterprises, is the deepening of the single market in Europe and en-suring for better access to third country markets…

38


President of the Export Credit Insurance Organization

Themistoklis Kalpaktsoglou

In recent years with the international, and especially the Greek economic crisis, it became clear that only an outward orientation of firms is the tool that will help them to firmly stand on their feet and therefore help to revive the Greek economy. But how to achieve this goal, when everyone knows the difficulty of banks to provide liquidity to the market which is a prerequisite and a driving force in business operation?At this point I must emphasize the role of the Export Credit Insurance Organization in the export activity of Greek enterprises.

What is the ECIO THE ECIO is a special purpose legal entity under private law, which was founded in 1988 and is supervised by the Ministry of Finance. It comes with its services to help the exporters, performing screening of the economic situation of the buyers / customers abroad, approve credit lim-its for each of them and then insure for default risks or non-payment of invoices to the end time of the credit (usually 1-4 months) granted to the buyer.The level of insurance can be up to 95% of the invoice amount and the premium is low, significantly below 1%, because ECIO is not a profit organization, does not seek to profit from its activity and does not want to burden the cost of exported products, thus making the Greek export products uncompetitive. I should point out that, because the ECIO goal is to help the openness of the coun-try, we do not require the exporters to in-sure all of their exports (Global Contracts) or separate exporters in ‘large’ and ‘small’ customers, requiring specific amount of insured turnover, but we stand by the

exporter from the first invoice, giving him the confidence that if the insured invoice is not paid by the customer, the ECIO will compensate him according to his policy.I must stress also that apart from short-term credit insured by the ECIO, it also insures and stands next to the businesses that undertake projects and provide ser-vices abroad of the medium-long term, thus also covering political risks, aside from trade risks.But what about the required liquidity re-quested by businesses to operate?And in this critical area for business, the ECIO has stood next to Greek exporters and has created a financial tool, which in cooperation with all Greek banks and after the invoice has already been insured by the Organization, the exporter may be funded up to 80 % of the invoice and up to 4 months and up to one (1) million EUR, which is recycled, which means that depending on the duration of the credit (1-4 months) the exporter may recycle its financing and the amount to reach 4 -5 million EUR per year. On the side of the ECIO, comes with the corresponding financing deposit, to cre-ate the necessary liquidity to banks and simultaneously guarantee to these for good loan repayment, thus eliminating all possible “barriers” of the exporter fi-nancing.Finally, the rate of funding is agreed and low (about 4.5%), so as not to bear again the price of the final product exported.In addition to the above, on which I think it is clear that Greek exporters have an “ally” on their side, I want to state that the care of the ECIO is always finding new ways to help and insure exporters, creat-ing new financial and insurance tools.

Exports and development

40


President of the Greek Plastics Industry Association

John Kaselimis

The ongoing economic crisis has under-scored the need to find the most creative, resourceful and efficient means to ener-gize economic growth and job creation in Greece. Boosting our exports, with the support of key policies and regulations is one of the most promising avenues through which Greece can facilitate and expedite economic recovery, expansion and job creation. The plastics industry will play an important role to fulfill those goals. Our industry is the legacy of bril-liant scientists, visionary entrepreneurs and bold inventors. The unique char-acteristics of plastics also allow them to make a strong contribution to a more en-vironmentally sustainable and resource efficient Greece in the European Union. Lightweight, versatile and durable plas-tics contribute to energy and resource savings in strategic sectors like retail, construction, healthcare, automotive or renewable energy. These strengths are a huge opportunity for Greece at a criti-cal time. We firmly believe that invest-ment in and promotion of the plastics industry can help stimulate resource efficiency, drive economic growth and create high quality employment oppor-tunities. Greece needs to made exports a top priority to improve the conditions that directly affect the ability of Greek companies to export, such as removing trade barriers abroad, helping companies of all sizes overcome hurdles to entering new markets, and assisting with financ-ing that is needed for exporting. More exports mean more and better paid jobs across Greece. During the meltdown of the Greek Economy the plastics industry experienced a significant export growth. Let’s examine some figures.

In 2012, our industry in Europe account-ed for:● 62,000 companies● 1.4 million jobs● €26 billion annual contribution to pub-

lic finances

At the same time in Greece: ● 1500 companies● 15 000 jobs ● €2 billion contribution to public fi-

nances ● Exports rose almost 34% at 2012

The new government needs to create a new Export Initiative and to create an export legislation to promote small business jobs. An export strategy is an essential component of Greece’s com-petitiveness agenda in the depression era that we experience in the last 8 years and also a critical element of job growth in the immediate term. There are a lot of challenges to confront. First, Greek Com-panies rarely have a solid understanding of where their export strengths lie or how effectivetheir export promotion activities actually are. Second, Greece’s export efforts are often reactive, fragmented, and poorly financed. Any policy on exports needs to be grounded in empirics and data analy-sis. We should develop better information about goods and services exports. This is a unique moment for our country to transform and establish our place in the global economy. An export strategy is an essential component of our competitive-ness agenda.

Greece needs to made exports a top priority to improve financial conditions

www.nousim

press.gr

consistently caringfor humanity

consistently caringfor humanity

42


President Of The Hellenic Chinese Chamber

Constantine Yannidis

Almost 42 years from the establishment of the diplomatic relations between Greece and the P.R. of China, the col-laboration of the two States grows to many levels. The friendship between the Chinese and the Greek people has results as today many Greeks speak already or are teached the chinese language and many Chinese speak the greek language and they teached about our ancient his-tory and achievements since the ancient years.Today Greece is living into a big eco-nomic crisis. China is the country who helps practically. The investment of Cosco at the Piraeus port is the biggest promo-tion for the investment environment in Greece globally so also the vote of confi-dence of China to greek economy by buy-ing greek state bonds. Also the chinese interest for making more investments to Greece gives us hope and strength to de-velop more our cooperation. Every year thousands of chinese tourists visit Greece and the greek products are finding their way to the chinese market.Our goal is to help both sides, the busi-nesses and the people to get to know each other better and better. We believe that only in this way we can develop the business cooperation.The collaboration in shipping and in ship building, the collaboration to culture and education, the collaboration to tour-ism and to exports of greek agricultural

products are in a satisfactory level but for achieving better and more exports we have to be more productive and to have/ create and produce larger quantities.The Hellenic Chinese Chamber estab-lished on 1995 and functions under Presidential Degree. It is a private, non profitable and non governmental bilat-eral Organization and the only specified Institutional Organization in Greece for the developing of the hellenic chinese business collaboration. Our goal is to attract and promote the chinese invest-ments in Greece and to balance more the trade deficit between Greece and China by helping the development of greek exports of products and services to the Chinese market.By consulting, creating communication bridges between greek and chinese com-panies, giving export and business cul-ture instructions to the greek companies how to be closer to the chinese market and by organizing business delegations to China we are helping practically and we are trying every day to become better to our work so to achieve our goals with less words and more actions.We believe that there is a great potential to the cooperation between Greece and China because there is a big friendship between the people of the two countries and mutual respect. Both mutual friend-ship and respect grow more every day and step by step.

The development of the Hellenic Chinese cooperation grows

44


Chairman of the German-Greek Chamber of Commerce and Industry

Michael Maillis

While Greece is negotiating with its credi-tors after a short but sudden pre-election period, the problems of Greek economy and entrepreneurship remain the same. Problems needing political and rational solutions. Reforms towards elimination of distortions and weaknesses; reforms that are almost self-evident; reforms we are tired of indicating.In this atmosphere of economic environ-ment stagnation and intense changes in politics, Greek entrepreneurship cannot wait anymore. It has to create its own micro-ecosystem in order to survive and if possible to develop. Every Greek com-pany has and is obliged to operate as a small state daring on its own initiative to substitute the greater stagnation and prosperously overcome waiting.The way of action is known already. The company’s extroversion will always, and especially in times like these, be of vital significance for its survival, the establish-ment of its achievements, recruiting and development.Extroversion does not only mean eco-nomic growth. It means gaining knowl-edge and building a more cosmopolitan view of doing business. On a greater scale only extroversion can create a volume of exports together with everything that it means for the economy, and further create the conditions needed for a self-

perpetuating and sustainable develop-ment process.Especially for small- and medium-size enterprises, it is estimated that provided the business plan is well-considered and substantiated, even within five years, they can achieve turnovers with 50% thereof originating from international activities.Extroversion cannot be of course the re-sult of wishing and desiring. Hard work, research, strategic planning, knowledge and preparation are needed and of course it’s very probable to face all dif-ficulties that entrepreneurship in our country has to deal with.Further the lack of familiarization with foreign markets should not cause obsta-cles and we should not be restricted only to markets similar to our market. For sure it offers a sense of security with regard to the risks undertaken but nowadays there are the tools of knowledge and the bod-ies providing it.Today we are living in an era of great changes and great challenges as well. If our country manages with suitable poli-cies to create a stable environment for entrepreneurial activities, with predict-ability and security, development and investments shall not only be the subject of declarations and calls but also a self-evident way to creation.

Extroversion: the only way in difficult times

46


President of the Hellenic-French Chamber of Commerce and Industry

Christoph Lemarie

For 130 years in 2015, the Hellenic French Chamber of Industry and Commerce has been defending the interests of compa-nies of both countries who want to invest and trade in both markets, and promot-ing the image of France and the mutual understanding of our two nations, with a view to contribute significantly to the economic development of Greece.Building on long-standing relations of friendship, the economic links between both countries have always been strong, and have proven resilient no matter the difficulties, as during the years Greece has been through recently.In terms of trade, France is the 7th big-gest supplier of Greece, with strong po-sitions in the food industry, transports, chemicals, consumer goods, pharmaceu-ticals, among others. On its side, Greece main exports to France come from the food, mechanical and metal products, clothing, fishing and agriculture indus-tries.Perhaps more significant, France is a major investor in Greece, with 120 com-panies present, in areas such as food, infrastructure, transportation, tourism, electronics. As an example, in 2014 an industrial metals French group, Imerys, invested close to 800 million euros in the Greek company S&B.Last, but not least, the French constitute one of the biggest contingents of tour-ists, numbering 1.6 million in 2014, up more than 20% compared to the previous year.

As these examples show, France and Greece are close economic partners. To Greek companies, France offers a big market, investments and know-how. To French companies, Greece offers a signifi-cant market, a well-qualified and hard-working labor force, investment oppor-tunities, and an attractive geographical location, between Western and Eastern Europe, and the Middle-East.However, issues should not be ignored. First of them is a state that still has a way to go to be fully efficient. An un-certain and over-bearing taxation and regulatory system are not conducive to entrepreneurship and risk-taking. The improvement of the education system is indispensable to secure the long-term potential that exists.In all these areas, reforms have been launched and progress has been made. However, the efforts must continue, if Greece wants to become the internation-ally competitive economy it can aspire to be.At a moment where Greece is turning a important page of its recent history, and making crucial choices, the Hellenic French Chamber of Commerce and In-dustry and its members stand ready to continue supporting it, and contribut-ing with all their expertise and energy to fostering the investments, jobs and wealth creation that are indispensable for the continuing recovery of the Greek economy.

France and Greece, a close economic partnership

Alkyon Resort Hotel & Spa 5★

Alkyon Resort Hotel & Spa, Vrahati Corinth Peloponnese, Τel.+30 27410 52010, [email protected], www.alkyonhotel.gr

We welcome you to the Alkyon Resort Hotel & Spa complex, in Vrahati, Corinth. Built in an area of 23,000 sq.m., surrounded by lush gardens, it is an oasis of serenity and luxury for its guests. It offers luxurious accommodation, health and wellness, catering, event and conference planning services. The ultra-modern facilities of the awarded Spa center have been designed accord-ing to high quality standards and they include an indoor heated swimming pool, 6-persons heated Jacuzzi, Turkish bath, 2 Saunas, Spa jet, Gym, Hair salon, Anti-ageing department, 5 individual treatment cabins, Spa Suite, Aromatic whirlpool bath and a Spa Boutique. Under the care of our Spa Center beauty experts, special daily packages and fully customized programs are offered among a great variety of treatments, including Hydrotherapy, Beauty treatments, Liposculpture, Massage, Holistic Wellness Therapies, and Nail Care Services. The hotel has fully equipped, state-of-the-art, highly customizable venues, while providing quality services, in order to ensure prestige and success for every professional event. All venues fulfill the demanding requirements of conferences, business meetings and weddings all year round. Fully equipped with up-to-date facilities and natural ambient light for most of them, they guarantee the best result for small meetings to big conferences, with a maximum capacity of 630 persons. Vrahati is a popular destination among tourists, located just 120 km from Athens airport. Our hotel is located 80 meters from the wonderful Vrahati fine-pebbled beach with crystal clear waters, and very close to unique archeological sites and the mountainous region of Corinth, an ideal spot for short or longer breaks every season of the year.

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Founder & CEO of the DK Consultants

Dimitris Karavasilis

What is the reality when it comes to Greece’s export performance? Can Greek products sur-vive global competition and enter new foreign markets? The low competitiveness of exported goods and the structure of exports are well known chronic problems of Greek exports. Moreover, the country imports mainly high added value products such as mineral fuels, machinery, transport equipment and chemicals as well as agro-livestock products, while one third of its exports consists of low technological and added value products with limited price elas-ticity such as agricultural ones. Another weak point is the country’s protracted service sector unlike the declining primary and secondary sectors which constitute the ‘real economy’.For example, the country could revive the declining textile industry by responding to the rising global consumer demand for organic and eco-friendly clothing using its high qual-ity raw materials and enormous expertise in spinning and textile sectors in order to create a Greek brand for ecological garment and gain market share. The core problem though, is that the Greek products cannot (yet) meet the requirements of foreign markets, which seek for method, dif-ferentiation, consistency, continuity, synergies, large production capacity and high quality. The first step towards this direction is to change the business export culture. The need for consistent presence and differentiation can only be satisfied by adopting the principles of holistic marketing approach that concern the whole business operation and not just the product itself. Therefore, the development of an in-house export culture is always a good starting point. Moreover, collective and well organized action at a higher level and in a more institutional-ized way is certainly another step forward. The establishment of export consortia and production cooperatives along with the devel-opment of synergies with producers/foreign distributors will provide an important leverage to the domestic production capacity and to the continuous supply of foreign markets with high quality national products. Furthermore, export cooperatives can contrib-ute to the conduct of a more comprehensive and detailed market research, by lowering the cost for the interested parties since it is often the biggest inhibitor, and providing insightful results and tailor made marketing strategies for the targeted country/group.

Equally imperative is the importance of strengthening the national brand name, which will act as an umbrella for sectorial products. Indeed, the consumer will turn to Greek prod-ucts only when it is worldwide known that Greece produces high quality products. For example, the consuming public must first get aware of the Greek wine and then search for particular wine brands. But more importantly, Greek products must become more competitive by gaining added value. For example, Greek products namely the agricultural ones are usually exported in their original form. However, they could gain added value through further processing and indus-trial diversification as well as through innova-tive and practical packaging design or even through the provision of a unique consumer experience or high quality after sales services. Therefore, differentiation is the key word and driver for successful export activities and can be further promoted and enhanced through the application of new technologies and inno-vative methods in production and through the adoption of a holistic marketing approach.At this point, let’s take a look at the Greek extra virgin olive oil (EVOO). According to the research of DK Consultants, in two years’ time (2011-2013), nearly 2 out of 3 Greek EVOO brands had disappeared from the European market, due to lack of competitiveness and differentiation. High packaging costs and the absence of an integrated and consistent mar-ket strategy even at a national level resulted in profit losses for national producers and export-ers. This situation however could be reversed at business level, by primarily conducting com-prehensive market research, while at national level, by promoting the Greek EVOO as a basic ingredient of the daily diet instead of a lifestyle product. Otherwise, it is only addressed to restricted target groups with limited demand. Furthermore, the creation of a national bottle which would be easily distinguished and glob-ally identifiable by the consumers-instead of extensively using the famous Italian Dorica and Marasca bottles-would definitely contrib-ute to substantial product differentiation, thus leading to export growth.In conclusion, with simple, small, integrated and well-structured steps guided by continu-ous commitment, dedication, patience and persistence at individual and collective level, Greek products can increase their competitive-ness and gain market share at the increasingly demanding and competitive global market.

Create locally, do business globally!

ACTIVE GREECE 2015DISTINGUISHED COMPANIES

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ACTIVE GREECE 2015 - DISTINGUISHED COMPANIES

MARINOPOULOS S.A.

Responsible Growth by the Largest Retail Chain in Greece

Established in 1962, in Athens, Marinopoulos S.A. is the largest retail chain in Greece. Its net-work includes 893 points of sale in the country as well as 62 hypermarkets and supermarkets in Cyprus and the Balkans. The company is the franchisee of Carrefour brand for South- East Europe.Marinopoulos S.A. constitutes a driving force for employment, occupying more than 13.000 employees in Greece. Through extroversion and responsible growth, the company reinforces national economy, while providing producers the opportunity to position and promote their products to multiple markets across the region.Dynamic commercial policy and top offers are the basic operational characteristics of the retail chain. Being close to customer’s needs, Marinopoulos main corporate pillar is to provide qual-ity products at the most competitive prices. The size of its network as well as the relationship of trust and credibility with its suppliers allows full implementation of this choice.Strategic development of the current network is another key corporate pillar of the company. Recent acquisitions and franchise agreements, especially in the Greek Periphery, strengthened its leadership in the retail sector and created a powerful chain. In 2014, the company was nominated for having the most actively growing franchise network in Greece, with the most effective franchise development policy. Marinopoulos S.A. holds 452 franchise stores.Building upon its commitment to community engagement Marinopoulos S.A. operates re-sponsibly, implementing numerous actions in order to support people in need. The establish-ment of the institution of Social Groceries against poverty and social inclusion offers an indica-tive example. Since 1997 three Social Groceries operate in Athens, Piraeus and Thessaloniki, providing more than 1.200 families in need with basic consumer goods, on an annual basis.Marinopoulos S.A. will remain firm to its mission to provide high quality products and services that will meet and satisfy the expectations and needs of its customers.

Contact details63 Agiou Dimitriou, 17456 AlimosTel: +30 210 9893 400Fax: +30 210 9851 291Email: [email protected]: www.carrefour.gr

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Contact Details8A Chimarras, 151 25Marousi, Attica, GreeceΤel: +30 210 63 02 000Fax: +30 210 63 02 510Website: http://www.hellenic-petroleum.gr

Hellenic Petroleum SA

One of the greatest companies in Greece

Hellenic Petroleum SA is a dynamic corporate group with solid foundations that plays a lead-ing role in energy developments in Greece, as well as the wider southeastern Europe region.The Group’s range of activities includes:Supply, Refining and Trading of petroleum products, both in Greece and abroad.Fuels Oil Marketing, both in Greece and abroad.Petrochemicals/Chemicals Production and Trading.Oil & Gas Exploration and Production.Power Generation & Trading and Natural Gas.Renewable Energy Sources Production and Trading.Provision of Consulting and Engineering services to hydrocarbon related projects.Participation in the transportation of crude oil and products (pipe-lines, sea transportation).The refining sector is the Group’s core activity, accounting for approximately 62% of the capital employed. In Greece, the Group owns three out of the four refineries operating in the country, holding approximately 65% of the Greek oil products wholesale market. It also owns the sole refinery in Skopje, FYROM.The Group’s domestic refineries in Aspropyrgos, Elefsina and Thessaloniki cover approximately 65% of the country’s total refining capacity, with a composite Nelson complexity index of 9.3. The Group has successfully completed a 5-year investment plan amounting to €3bn, including the upgrade of the Elefsina Refinery, the largest private manufacturing investment in Greece. The new refinery has a significant impact on the Group’s profitability, while accruing multiple benefits for the environment, the employment and the national economy.The Group has a key market position in domestic fuel retail through its subsidiaries EKO and HELLENIC FUELS (HF) - takeover of BP by HELPE SA in 2009. In Greece, the Group has a trade-mark license for BP in fuel retail marketing.The Group has an extensive network of over 1,800 fuel stations (almost equally distributed be-tween the EKO and HF/BP brands), 15 bulk storage and supply terminals, 22 aircraft refueling stations in the country’s main airports, 2 LPG bottling plants in Northern and Southern Greece and 1 lubricants blendingand packaging unit. This extensive logistics infrastructure has been acquired by gradually taking over and merging a series of companies that have been active in the retail market over the last 10 years. The existing infrastructure gives the Group the chance to play a significant role in retail market on the Greek mainland, islands as well as airport areas across the country. HELPE Group is active in Southeast Europe, being one of the key marketing players, through its network of 279 fuel stations in Cyprus, Bulgaria, Serbia, Montenegro and FYROM. It also owns the sole refinery in Skopje (FYROM).The Group’s Oil & Gas Exploration & Production activity is focused on the areas of West Obayed and Mesaha, Egypt (30% Group share in each area), through international joint ventures. The Group also holds exploration rights in Montenegro.

Ioannis Kostopoulos

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SEVITEL

His purpose, the recognition of the qualitative supremacy of Greek olive oil worldwide

SEVITEL, a non profit organization and the leading body representing private industry in the field of Olive Oil in Greece, can claim a 50 year old history. SEVITEL’ s numerous members in-clude the largest Greek processing and packaging industries as well as Olive Oil Exporters. With the purpose of aiding its members in the production and marketing of a quality product it is immediately involved in activities conducive to the overall amelioration of the sector. Under the legal status of a Professional Association it performs the following: ● It is the legal representative of the industry before all authorities - national and European

(EU). ● It follows national and EU legislation and issues guidelines to its members regarding stan-

dards and EU Regulations. ● It informs and through trained personnel, assists members in questions of promotion and

legislation. ● It sets up expert committees and panels regarding Olive Oil quality features. ● It functions as a data bank on issues related to the olive oil market (national and interna-

tional). ● SEVITEL is also widely involved in financing scientific research regarding the specific attri-

butes of Olive Oil in relation to health. Sevitel participates in part-financed Programs (European Union – Hellenic Ministry of Rural De-velopment and Food - SEVITEL]) for the briefing - information and promotion of olive oil in the internal market of the European Union and in non-EU countries since 2000 The total activities of SEVITEL in combination with the efforts that does the entire sector for the growth of Greek Industry of Olive oil had as consequence the recognition of qualitative supremacy of Greek olive oil per the world.

Contact Details15Α Xenofontos, 105 57Athens, AtticaTel: +30 210 32 38 856FAX:+30 210 32 46 408 Website: http://www.sevitel.gr/ Ε-mail: [email protected]

Gregory Antoniadis

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Contact DetailsKymis Avenue & Seneka 10, 145 64 Kifisia, AtticeTel: +30 210 63 04 500 Fax: +30 210 63 04 501Website: http://www.unilever.gr/

ELAIS-UNILEVER HELLAS

It operates in 26 product categories with approxi-mately 1,600 SKUs

In Greece, Unilever operates under the corporate name ELAIS-UNILEVER HELLAS S.A., featuring a variety of products in its portfolio, in Foods, including the ALGIDA-ΕVGΑ-BEN&JERRY’S ice creams, Home and Personal Care. It is the 3rd largest company in fast moving consumer goods (excl. petroleum products), with an annual turnover of 483 million euros in 2013. It operates in 26 product categories with approximately 1,600 SKUs and is the Νο 1 supplier in the retail market, with a ”strong” presence in 35 different points of sale in Super Markets.ELAIS-UNILEVER HELLAS holds the leading position in 90% of the categories it operates in.ELAIS-UNILEVER HELLAS collaborates with several Scientific Bodies and NGOs, in order to drive and promote sustainable practicies and Corporate Social Responsibility initiatives. Each year, approximately 15% of ELAIS-UNILEVER HELLAS’s annual turnover (beyond the raw materials bought by Greek farmers) is returned to the Greek community, in the form of public taxes, employee benefits, company reserves and donations-sponsorships. The company employs 800 people (750 people in Greece and 50 people in Cyprus). Its head offices are situated in Kifissia. In Cyprus there is a joint venture with the TSERIOTIS company, ie. Unilever Tseriotis Cyprus.The company also operates 3 factories in the Rentis, Neo Faliro and Gastouni Ilias areas, as well as 2 modern Distribution Centers and Warehouses, in Rentis, Attica and in Schimatari, Viotia. There is also one factory in Cyprus in Leukosia.

UNILEVER WORLDWIDEUnilever is one of the world’s leading suppliers in fast moving consumer goods (FMCG) with an annual turnover of 49.8 billion euros (2013 data). Its products are sold in over 190 countries. It produces over 400 branded Food, Home and Personal Care products. Globally, 2 billion people use at least one Unilever product on a daily basis. Annually, it invests about 90 million euros in CSR initiatives, while for 15 consecutive years (1999-2014) Unilever featured in the 1st place in the Dow Jones Sustainability World Indices of the Food & Beverage sector. The company em-ploys 174,000 people around the world.In 2010, Unilever announced its new vision to “double the size of its business, whilst reducing our overall environmental footprint and increasing its positive social impact”. In alignment with its vision and global challenges – Unilever also presented the Unilever Sus-tainable Living Plan, announcing 3 big worldwide commitments, by 2020:HELP OVER 1 BILLION PEOPLE TAKE ACTION TO IMPROVE THEIR HEALTH AND WELL-BEINGHALF THE ENVIRONMENTAL IMPACT OF ITS PRODUCTSSOURCE 100% OF ITS AGRICULTURAL RAW MATERIALS FROM SUSTAINABLE SOURCES

Iro Athanasiou

Building every daythe most important piece...

City Plaza, Λ. Βουλιαγµένης 85, 16674, Γλυφάδαinfo(at)pencilteam.com, Tηλ. Κέντρο: 212 102 1628

Online Shipping News

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Contact Details64, Kifissias Ave. & 3, Premetis Str Athens, 15125 GreeceTel : +30 210 615 6000Fax: +30 210 610 6800email: [email protected] Website: www.intralot.com

INTRALOT

Protagonist of the gaming sector

Within 22 years of operation INTRALOT has achieved an impressive global expansion and has become the protagonist of the gaming sector. Leveraging its advanced know-how in the de-velopment of cutting-edge products and capitalizing on its significant experience in gaming operations management, INTRALOT offers customized and fully integrated solutions that are highly efficient and absolutely secure. INTRALOT has been publicly listed in Athens Stock Exchange since 1999. Its revenues in 2013 reached €1.54 billion. As a vendor and/or lottery operator, INTRALOT has been awarded con-tracts for a wide range of products and has established its presence in 57 jurisdictions on all 5 continents with more than 5.700 employees. INTRALOT is the leading supplier of Integrated Gaming and Transaction Processing Systems, Innovative Game Content, Sports Betting & Rac-ing Management and Interactive Gaming Services to state-licensed gaming organizations worldwide. INTRALOT currently holds a dominant position in Europe, Latin & Central America, and Asia, with a significant presence in North America, and is continuing its dynamic expan-sion in Oceania and Africa. INTRALOT’s games library includes more than 400 types of games and variations, such as Nu-merical Lotteries, Online Games, TV Lottery Games, Sports Lotteries, Fixed-Odds Betting, In-stant Lotteries, Pari-mutuel, Video Lottery, Monitor Games and Interactive Games.INTRALOT is the leading partner for those organizations that want to offer a Universal Gam-ing Experience to their players. Its customers take advantage of the most robust, efficient and versatile Unified Gaming Platform in the industry that seamlessly combines the Retail, Mobile and Home Users, connecting innovative Gaming Verticals and offering an unparallel business support to the organization for optimal customer experience. INTRALOT aims at maintaining its leading position in the lottery industry and in the gaming sector, offering added value to its clients, shareholders and employees. The Company contin-ues to make remarkable progress, with the same passion for accomplishing its key targets: dedication to its clients’ satisfaction, and tailoring the design and development of pioneering and result-oriented solutions that meet market demand and the specific needs of its clients.INTRALOT actively engages the global gaming community and contributes decisively to the future development of the industry. It is a member of WLA (World Lottery Association), EL (Eu-ropean Lotteries and Toto Association), NASPL (North American Association of State and Pro-vincial Lotteries), CIBELAE (the Hispanic Association that covers South America and the Iberian Peninsula), APLA (Asia Pacific Lottery Association), and GSA (Gaming Standards Association) and a gold member of AGEM (Association of Gaming Equipment Manufacturers).

-Polycarbonate solid and multi-skin sheets.-Polypropylene solid and multi-skin sheets.-Panels PVC foamed + PS foamed + PVC foamed 10mm-15mm-19mm-25mm, sheets dimensions 2050mm-3050mm-Acrylics Rods and Tubes with diameter 10mm-500mm-Polycarbonate and PETG sheets (clear and antifog) with 0.75mm-1.5mm thick and 1250mm X 2050mm dim.

We import and distribute

Provides services:-Cut to size-Laser cutting-Router cutting-Thermal bending-Thermo-vacuum forming-Etalbond processing

teknoglas

teknoglas frost

teknoglas fos

teknocarb

teknoglue

Acrylic extruded sheets from 2mm to 20mm thick.Ours acrylic sheets have dimensions 2050mm X 3050mm, except special orders. We provide a variety of colors.

Acrylic frost sheets .

Specialty Teknoglas sheetsfor efficient lighting applicationscombined with LEDs. Specialty products for edge lighting andbacklighting .

Polycarbonate extruded sheetsfrom 2mm to 12mm thick.Ours polycarbonate sheetshave dimensions 2050mm X 3050mm, except special orders. We provide a variety of colors.

Special glue for acrylics sheets.

PLASTIC INDUSTRY AND SPECIALS CONSTRUCTIONS

E.SKRIMIZEAS SA

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Contact Details12 Akti Poseidonos St, Piraeus, 18531, GreeceTel: +30 210 414 5500Email: [email protected]

MEDITERRANEAN SHIPPING COMPANY (Global)

Global Container Shipping

Italian-Swiss shipping giant Mediterranean Shipping Company is a privately owned global enterprise operating a network of over 480 offices in 150 countries. It employs a team of over 24,000 dedicated individuals.The company has an established fleet of 465 container vessels with an intake capacity of 2,439,000 TEU, based on latest figures. The global sailing schedules cover 200 routes, calling at 315 ports, allowing the company to deliver cargo almost anywhere in the world.Mediterranean Shipping Company’s sea freight offering is complemented by its integrated ware-housing and haulage services, which enable the company to offer true door-to-door service.The company employs trained, experienced experts for its full range of services, including reef-er, out-of-gauge, breakbulk and trade services suited to various business natures. This offers the company the ability to maintain the personal service it is globally recognized for.

MSC in GreeceThe Mediterranean Shipping Company has decided to develop an information and services center for the corporate group in Greece. In doing so, the shipping giant has opted to establish its “Shared Services Documentation Center – SSDC” beyond its Swiss headquarters. Despite intense campaigning by agencies at major ports around the world, the company’s owners, the Aponte family, ended up opting for Piraeus, Greece’s largest port, as its choice of location for the new department. The shipping giant, which also maintains a strong presence in the cruise ship sector, plans to establish the center at its current company building at Piraeus port. The objective of the SSDC center will be to gather, process, and distribute information and ser-vices concerning all company activities to the group’s international network of agencies. As part of the initiative’s first stage, 150 new jobs will be created by the middle of the current year, while the number is expected to rise to 250 soon afterwards. In the longer-term, the MSC center is expected to employ some 500 persons, a development, which, according to MSC Greece manager Christina Theodorika, will require the company to relocate to a larger Piraeus base.This company’s move to establish a new center in Piraeus further bolsters the shipping cluster being developed at Piraeus port, and also contributes to the effort being made to reduce the country’s alarming unemployment problem.

Christina Theodorika

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Contact details8th km New National Rd. Athens - CorinthMegara 191 00, P.O. Box 29, GreeceTel.: +30 22960 83311,Fax: +30 22960 83335Email: [email protected] Website: www.mergarareisns.com

FANIS ANASTASSIOS MEGARA RESINS INDUSTRY SA

Focus on growth, export orientation, leads to rising sales

1. Corporate IntroductionMegara Resins S.A. is a diversified manufacturer and supplier of raw materials for industrial and architectural coatings as well as rosin based and other synthetic resins for the paint, adhesive, paper and construction industry. For over 40 years, Fanis Megara Resins S.A. has been a pio-neer in creating innovative technologies to help coatings formulators meet their customers’ most demanding applications. Today, the company remains firmly committed to the pillars of innovation and new tech-nologies and is widely regarded as being the most innovative Greek supplier to the coatings industry through its continued investment in R&D, technical support and new product devel-opment. Megara Resins offers its customers advanced and diverse products and technologies for surfaces with an emphasis on environmentally friendly products such as powder coating resins, rosin dispersions, alkyd resins, water-based acrylic dispersions, and unsaturated polyes-ter resins. The company is committed to working with its customers to continuously developing envi-ronmentally advanced solutions and is dedicated to open communication concerning the safe handling, distribution, use and disposal of the products it makes. Megara Resins is equipped with manufacturing facilities comprising industrial scale reactors with capacities ranging from 2 to 10 ktons capable of production of a wide range of solvent-based resins and water-based emulsions, polyester resins and other synthetic resins such as rosin dispersions, alkyd resins, acrylic resins etc. used in the manufacturing of paints and coatings.Our Mission, is to grow a portfolio of leading specialty chemical businesses, and generate added value for our customers and the company. We create sustainable value for our partners by delivering innovative products and solutions. ● We realize this mission by setting the highest standards in service, reliability, safety and cost

containment in our industry.● We deliver superior returns to our shareholders by tirelessly pursuing new growth opportu-

nities while continually improving our profitability, a socially responsible, ethical company that is watched and emulated as a model of success.

● We are committed to maintaining excellence, respect, and integrity in all aspects of our op-erations and our professional and business conduct. We strive to reflect the highest ethical standards in our relationships with members, providers, and shareholders.

Our Vision, is to be a recognized performance leader of the chemical industry. Being a perfor-mance leader means we will achieve operational excellence, industry-leading customer satis-faction and superior financial performance.

2. Financial & Business PerformanceDuring 2014, Megara Resins’s turnover rose to 41.2 mil euro as a result of organic growth and intense export activity. Further, our profits exceeded 4,2 million euro keeping our last year’s growth in high level. Megara Resins SA focused and improved its exports, diversifying the port-folio with new customers. It is significant that exports represent the 72% of turnover, which amounts to approximately 30 million euro. Megara Resins SA during last year reduced short and long term loan obligations. Cash and cash equivalents, as it is reflected in our financial statements, reached 5,0 million euro.One of the most exciting new developments in 2014 was the acquisition of a large chemical plant which is located in Vathi Avlidos, about 75 km northeast of Athens. This was the result of a joint venture with a Turkish partner “Ak-Tas Dis Ticaret AS”, which has resulted to the estab-lishment of a new company AKFA Chemicals P.C. (50% owned by Megara Resins and 50% by Ak-Tas Dis Ticaret AS). In addition to the production units at the plant site there is a modern docking facility and a tank farm for the storage of liquid chemicals. The capacity of the latter is 15.000 m3. Storage of liquid chemicals takes place in special tanks that provide all the necessary requirements regarding safety and environmental matters. Additionally, Megara Resins SA has acquired

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100% of Papadimitrakopoulos SA since February 2014, which is located near the city of Pyrgos, Greece, with a resin production capacity of 10.000 Mt. It is evident from the above that the company, having entered the era of enlargement and de-velopment is growing rapidly. Using the latest years’ successful achievements as a stable start-ing point, the company moves towards an extensive program of complete automation and modernization. However, we operate in compliance with the law and adhere to high ethical standards. We create safe and health-conscious work environments, require compliance and embrace environmental stewardship.

3. R&D activityA highly proficient team of senior scientists is dedicated to research in the field of binders for architectural coatings, construction, and paper sizing and to providing our customers with the most innovative, highest quality value-added products and services possible. The company’s research activities are supplemented by an international network of collaborations with lead-ing universities, scientific research institutes and partner companies.The company’s research department is fully equipped with state-of-the-art facilities to perform synthesis and characterization of polymers. Megara Resins S.A. has been engaged recently in multi-partner collaborative research projects. The company has however successfully complet-ed numerous in-house research projects which have led to the development of new innovative products as well as research projects with large chemical companies.The company currently participates successfully in several EU funded research projects as well as coordinates a Marie Curie IAPP (Industry Academia Partnerships and Pathways) project. Through these projects the company targets the development of new products via strategical-ly beneficial collaborations that require skills and competences matching the company’s indus-trial interests and development needs. Participation in R&D projects has enormous benefits in terms of contacts, opportunities, identifying new and emerging markets for its products, and thus being at the cutting-edge of innovation.

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Contact Details12ο Km. Ioanninon – Konitsas, 455 00 Ioannina,Τ: 2651061843, 2651085033-4 F: 2651037074Website: http://www.zagoriwater.gr

CHITOS S.A.

ZAGORI, Natural Mineral Water

Chitos S.A. dates back nearly 57 years of producing everyone’s favorite ZAGORI Natural Mineral Water, a label that has been earning the company prestige and a reputation for innovation and premium quality beyond Greece’s borders since the ‘80s. Today CHITOS S.A. is one of the most pioneer and successful Greek companies with leading presence to the sector of bottled waters, which contributes continuously and essentially to the national economy.It has two privately owned recognized springs of natural mineral water and two plants of bot-tling, with eight production lines to the regions of Perivleptos and Kranoula of the broader re-gion of Zagorochoria. At the same time, it has a third industrial plant to the Industrial Zone (VI.PE.) of Ioannina, in which are manufactured pet – preforms and plastic caps through vertical integration and supporting of the two fillers operation. ZAGORI Natural Mineral Water bottling is proceeded by edge technology machinery, guaran-teeing a sealed and microbiologically sterile bottling in less than 5 sec. per unit, with no hu-man intervention.CHITOS S.A., is one of the healthiest, dynamically developing companies of the country. Fol-lowing a steady, long term investment strategy to ultra-modern infrastructures, the company ensures the provision of qualitative natural mineral water “ZAGORI” with respect to the envi-ronment and humans. Equally important factor of the company’s development is the sector of exports. CHITOS S.A. exports ZAGORI Natural Mineral Water already to 22 countries worldwide (USA, Canada, E.U., Balkans, South Africa and others) while at the same time is developed to the markets of India, Congo, China and Russia.The result of the healthy entrepreneurship and the practical demonstration of this is the fact that CHITOS S.A. for 2013 has absorbed the reduction of employees’ wages which arose from the implementation of the memorandum. At the same time, the company has not proceeded to any reduction not only to the salaries but also to the number of its employees. At this time the company employs directly and indirectly to more than 1.200 persons in total.CHITOS S.A. continues its successful course by staying consistent, and aiming at the sustain-able growth and progress, supporting essentially the Greek economy.

Nikos Chitos

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Contact DetailsPower Health SA59 Deligianni, Metamorphosi, Athens, 14452Tel: 210 2821500Fax: 210 2851122e-mail: [email protected]

POWER HEALTH HELLAS SA

Premium quality and innovative Health Food Supplements

Power Health Hellas SA is a leading and pioneering Greek company that has created, repre-sented, imported, exported and distributed premium quality and innovative Health Food Sup-plements in the Greek and International markets since 1984. Its current portfolio is comprised of 70 employees, 25 sales representatives and over 100 products which are served directly to 5.000 pharmacies throughout Greece. Power Health is responsible for opening new doors and horizons in the Greek Pharmaceutical Industry and has been awarded numerous lucrative awards such as from the Committee of the European Business Awards (“National Representative and Finalist for 2011 and 2012”), the Global Trade Leaders Club (“International Business Excellence Award 2012”) and from Ernst & Young who awarded the President and founder of the company, Mrs Lili Perganta, the Self Made Entrepreneur Award in 2011 (the first Greek woman Entrepreneur ever to receive such an honor in Greece). The company enjoys increasing and leading market shares in various crucial segments such as Slimming, Echinacea, and Erectile Dysfunction.Amid the crisis, the company was awarded a high credit rating by ICAP and, consequently, was certified as one of the “STRONGEST COMPANIES IN GREECE” for both 2010 and 2011. This im-portant acknowledgement verifies the firm’s creditworthiness and links it to the most powerful enterprises in Greece, ready to face the challenges of these times.In the context of promoting the company’s brand and product image in the best possible and consistent way, both locally and internationally, Power Health created an in-house creative office. This way, all marketing and communicational aspects of its campaigns are conceived and executed within the company. Packaging, promotional materials – such as folding boxes, carton displays, leaflets - TV spots, newspaper/magazine ads, radio scenarios, as well as promo-tional strategies and custom-made campaigns are all generated and pursued from the com-pany’s headquarters.Power Health Hellas dynamically expands its exporting activities to global destinations. So far, its presence has been prominent, obtaining significant market shares in Cyprus and the Balkans, where its products have been accepted with enthusiasm by local niches and target audiences.Since its inception 3 decades ago, Power Health Hellas has been actively involved in Social Responsibility actions and campaigns such as Unicef, Medicines sans Frontieres, Smile of the Child and Pharmacists of the World. “Become the change you want to see in the world” is one of the company’s mottos, and it supports every single world of it with its actions dedicated to helping the least privileged.The company’s concepts and formulas are conceived and created in its own Research and Development Department –the only R&D department in the Greek Health Food Supplement market- for local and worldwide distribution and consumption. Highly specialized chemists and pharmacists are in the center of the product development process, creating top quality and innovative natural solutions targeted to the specific needs of each market segment. All formulas are developed with high standards and respect to the natural ingredients extracted and used, aiming at the delivery of safe, efficient and effective products to the end customer. Its product assortments are offered in a variety of options such as coated tablets in blisters or pots, effervescent tablets in tubes or sachets, chewable tablets in blisters, soft and hard gela-tine capsules in blisters or pots, water soluble powders or mouth melt granules in stick packs or sachets. Apart from its own brands, Power Health Hellas also undertakes the development of 3rd party brands offering expertise, guidance, advice and support in all commercial stages. In 2012, the company posted sales of 12.5 million euro with its profit reaching 4 million euro.

Evangelia Perganta

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Contact Details37, Pireos Str., 18346 Moschato , Athens, GreeceTel: +30 210 4819311Fax: +30 210 4816790email: [email protected]: www.adelco.gr

ADELCO

Celebrating 80 years of manufacturing

In 1934, the brothers Homer and Orestis Colocotronis, establish in Moschato, Athens Chromatourgia Athinon E. Colocotroni Bros, which played an important role in the industrial history of modern Greece.From 1950, the company develops its main activities in the pharmaceutical industry. It obtains the name ADELCO and becomes one of the fastest growing Greek industries, immediately gaining ap-preciation and recognition throughout the medical community, with very strict quality standards, it effectively ensures until today each formulation created.Simultaneously ADELCO opens another dynamic cycle of activities, expanding into the cosmetic industry. In 1950 Adelco introduces OM-OR shampoo, the first shampoo to be produced and mar-keted in Greece, and also Adelco toothpaste, the first fluoridated toothpaste offered in Greece.During the 1960’s and 1970’s the growth continuous, Adelco becomes one of the largest Greek pharmaceutical companies by creating with its own resources and vertical production, superior quality and widely recognized pharmaceutical products, and leading Brands like Stedon, Filicine, Minitran, Paroticin and Salopyrine and in cosmetics “OM-OR” and “Adelco”. Furthermore, Adelco establishes collaboration with leading European cosmetic manufacturers like: Parke Davis, Le Petti, Daiitchi, Cosmed, Pharmacia, Pfrimmer, Cox, Revlon, Perlier, for representation of their products in Greece. In 1983 ADELCO - CHROMATOURGIA ATHINON E. COLOCOTRONIS BROS. S.A. continues its activities under the direction of Mr. Evangelos Colocotronis, whose belief is that “ high quality is a fundamen-tal value and the principal commitment for a pharmaceutical company such as Adelco.”The company continues its export effort overseas, developing markets in Europe, Africa, the Middle and Far East and China.In 2000, Adelco focuses on modernisation of facilities, purchase of new production machinery, de-veloping new products and expanding activities internationally. The production of specific pharma-ceuticals and cosmetic products currently represents the most important activity of Adelco. The company annually produces 4,000,000 formulations of about 45 pharmaceutical products, original and branded generics in unique combinations, covering a wide therapeutic range eg Cefa-trizine, Neurosedin, Adeprenal, Linipon, Ponotex, Algine, Acinic.The success of the pharmaceutical industry is further enhanced by the dynamic entrance of the company in the beauty and cosmetic market.The products of the new series include Adelco Intense Spa Luxurious Color, offering specialized SPA care and protecting colored hair. The high quality range Adelco Velvet Hand & Body offers velvety softness and natural beauty. The Children’s range Adelco Kids includes products specifically de-signed for children with gentle compositions and delightful aromas. In ADELCO we believe that the overall quality that we have to offer is as important as the impor-tance of good health. So we strive every day.... aiming at perfection.

Evangelos Colocotronis

67


Contact Details3 Olympou st., 15123, Nea Filothei, Amarousio Tel.: +30 210 6898 520 Fax: +30 210 6898 525 Website: http://www.eza.gr/

εzα protypos hellenic brewery

New Beer, New Quality

Breweryεzα protypos hellenic brewery is an ertirely Greek company, which actively contributes to the decentralised development of the economy of Greece. It was established in 1989 as an ho-monymous subsidiary company of a German group, the beer brand of which was launched in Greece in 1980. In 1988, the German parent company undertook the development of its brand in Greece and a year later it acquired its plant at Atalanti. Right after, the company was recon-structed and renamed as Hellenic Breweries of Atalanti S.A. (ΕΖΑ). In 1998 the Greek businessmen participating in the company began to buy out te shares of the German company and in 2003 the procedure was concluded, leading to the complete localiza-tion of ownership. In order to achieve financing of its development strategy εzα protypos hellenic brewery pro-ceeded in 2013 to an increase of its capital stock, with the participation of the strategic inves-tor DAMMA HOLDINGS S.A. (investment firm of D. Daskalopoulos). Having increased its capi-tal, the company’s management commited itself to the implementation of an ambitious, while realistic development strategy, with the essential vision to concentrate Greek brand names in the wider area of beer, soft drinks and bottled water markets, under a common shareholding structure with a distinct presence in Greek and foreign markets.

Beer Plantεzα protypos hellenic brewery has a modern beer plant of high capacity and more than 100 skilled employees in Atalanti, Fthiotida. The Atalanti plant, located in the centre of Greece, op-erates in harmony with the natural environmnet using for the beer production the spring wa-ter of Parnassos Mountain that is of excellent quality and composition. It produces high quality malt product using as raw materials chosen varieties of summer Scarlett and Prestige barleys and aromatic hops from Hallertau, Bavaria and Saaz, Bohemia. εzα protypos hellenic brewery successfully applies an integrated system of state-of-the-art production and environmental care processes, meeting the ELOT EN ISO standards.

The Brandsεzα protypos hellenic brewery produces in its private modern plant four excellent products: the new ζ εζα Premium Pilsener, Pils HELLAS, BLUE Island and BERLIN premium lager. Mean-while, it has developed international marketing of recognised brands, among which Krom-bacher and Gulden Draak. With its wide range of products, εzα protypos hellenic brewery offers to consumers a wide va-riety of high quality beers and thus consolidates a complete strategic advantage, quality and service, aiming to the satisfaction of modern consumer’s needs.

Innovationεzα protypos hellenic brewery is pioneer in draught beer for beer halls, luxury restaurants and pubs. The company has been very competititve in this type of packaging, investing to the re-quired equipment that it provides to the retailers with loan. Our company successfully collaborates with more than 2,500 stores (hotels, restaurants, café), with impeccable service and high esteemed products. At the same time, it expands its col-laboration with Super Market chains for the introduction of private label products, which are distinguished not only for their quality but also for their taste.

Athanasios Syrianos

Rontis Hellas SA, the Greek subsidiary of the multinational corporation,

was established in Greece in 1986 by a group of leading professionals with

a lengthy experience in the wider healthcare sector and a vision to provide

the most innovative & trustworthy solutions to the market, aiming to be-

come an international leader in the global healthcare industry.

During its initial steps, the company collaborated closely with renowned

manufacturers of the international medical device industry in order to

distribute their products and introduce their technologies in markets that

lacked the appropriate knowhow, efficient logistics & supply chain.

In the years that followed, Rontis made the strategic decision to expand

its operations from distribution to in-house production of medical devic-

es. Along these lines, it invested heavily in two manufacturing plants and

managed within a short time frame to build a brand name associated to

innovation and credibility.

The entrance in the Infant Nutrition & Consumer Healthcare markets

was another mile-stone in the company’s expansion of activities, which

set the stage for a subsequent transition from distribution to production of

infant & baby nutrition and dermaceutical products.

Rontis Hellas SA has recently taken another key decision to expand its

production activities in the pharmaceutical sector and therefore invested

25million Euros in the establishment of a separate state-of-the-art manu-

facturing plant, which was followed by the establishment of an in-house

pharmaceutical R&D lab.

From its establishment back in year 1986 until today, Rontis has managed

to steadily expand its operations with calculated steps in multiple sectors

of the healthcare field and reach a leading & diversified position, while

simultaneously offering an improved quality of life to millions of patients.

Currently, Rontis Hellas is active across five business divisions:

Medical Devices Division, whose core pillars include the complete

medical device inception, R&D and manufacturing processes

Pharmaceutical Division, which aside the contract manufacturing

capabilities it includes the state of the art R&D lab as well as out-li-

cencing activities

Infant & Baby Nutrition Division, which captures a 13-year long ex-

pertise in the specific field

Consumer Healthcare Division, which promotes Rontis OTC prod-

ucts in the Infant / Adult Dermaceuticals, the Oral care, the Pain Relief,

the Children Food supplements and the Upper respiratory system

Healthcare Services Division, which includes haemodialysis ser-

vices provided in the Group’s clinics

Our vision...to design & deliver the most innovative & trustworthy products & solutions

Our mission...to improve the lives of millions

Our corporate responsibility...empowers us to take things a step further.

Rontis is committed to raise the bar...in each quality aspect of the material procurement, suppliers’ selection,

production, testing, packaging and delivery process.

Healthcare Industry

Rontis Hellas SA

38 Sorou str.,

151 25, Maroussi,

Athens, Greece

Tel.: +30 210 6109090

Fax: +30 210 6108748

Email: [email protected]

The vision of Rontis Corporation is to become a diversified, leading supplier in the healthcare

industry worldwide, by designing & delivering the most innovative specialty products in all

fields that it is active in.

At Rontis we wish to develop our organization into a synonym of quality healthcare and become the

optimum supplier of innovative specialty products and services in every market segment we are in-

volved in, at a global level. We wish to meet worldwide expectations for access to fast, innovative and

cost effective healthcare. Additionally, through our activities we are keen to offering as many career

opportunities as possible and become an employer of choice.

Our philosophy is one that captures the combination of end-users’ needs with healthcare profession-

als’ innovation & design. Our philosophy incorporates the aspects of Innovation, Quality, Service com-

bined with continuous change & adaptability, as well as fast response & creative flexibility which are

all key elements towards achieving the desired outcome.

Finally, we understand that healthcare is “all about giving” and throughout our social activities, we are

committed “to give back to the global community”.

70


AB Vassilopoulos

A leading retail company!

At AB Vassilopoulos, we celebrate more than 76 years of history in the food retail sector. 76 years of leadership and innovation!Our goal is to serve our customers, by offering them a variety of nutritious and safe products, as well as services in combination with affordable prices for all.We are one of the biggest retail companies in the Greek market, with a strong sense of respon-sibility towards our employees, our associates and our customers.From the opening of our first store in 1939, by the two brothers Gerasimos and Charalabos Vassilopoulos, till today, we are constantly in a development orbit. Some of the most impor-tant key dates is the acquisition in 2001 of the company TROFO SA, member of which is also ENA Cash & Carry. The following years we expanded our store network throughout the Greek region with company and franchise stores. In 2008, we acquired the discount chain PLUS HEL-LAS and expanded our network to the north of Greece with 29 stores. A year later, in 2009, we expanded our activities in the area of Thrace with the acquisition of KORYFI SA. In the end of 2010, we opened the first green store in Stamata, Attica, which is considered as the beginning of a new era of growth and sustainability for AB Vassilopoulos. In 2012, we inaugurated 20 new company stores, under the brands AB Vassilopoulos, AB City and AB Shop & Go. During the same period we also enlarged our franchise network by 7 stores. A major milestone for the company is 2013 when Delhaize Group announced another strategic investment in Greece through the establishment of the Centers of Excellence (CoE). The Cen-ters of Excellence (CoE) are focused in developing specialized software solutions for the retail market, defining technology strategies and managing regional applications and the regional infrastructure. In 2014, we continued our investing program by opening 27 new stores.Corporate Social Responsibility activities are also a main part of our company’s corporate strat-egy. Each year, through our extensive Corporate Responsibility program “52 Weeks, 52 Actions of feeding and caring throughout Greece”, we focus on a major social problem. During the first year of the program we helped hundreds of fellow compatriots across the country who were having trouble feeding themselves and needed our help. This year, our effort focuses on the support of thousands of children.Faithful to our vision and values, we offer our customers Nutritious, Healthy, Safe and competi-tively priced products. In parallel, with the dynamic expansion of our stores and the constant implementation of innovative programs, we manage diachronically to maintain our high posi-tion in the retail market and in the conscience of consumers as one of the biggest and most credible companies in Greece.

Contact DetailsRegistered Offices: 81 Spaton Avenue,153 44 Gerakas, AttikiMailing address: P.O. Box 60011,153 10 Agia ParaskeviTel.: + 30 210 66 08 000,Fax: +30 210 66 12 675Website: www.ab.gr

ACTIVE GREECE 2015EXPORT LEADERS

72


Greek export figures reported last December exceeded even the most optimistic of forecasts, which resulted in greatly limiting the sector’s rate of decline registered during the first nine-month period of 2014. As a result, the total value of Greek exports in the previous year once again surpassed the level of 27 billion euros, reaching 27.17 billion euros compared to 27.56 billion euros in 2013, a slight reduction of 1.4 percent. Not taking into account petroleum products results in a marginal increase of 0.1 percent. According to a study conducted by the Panhellenic Exporters Association and its Export Research and Studies Centre (KEEM), non-finalized data provided by the Greek Statistical Authority showed a 4.3 percent increase in the total value of exports for December, 2014. They rose to 2.19 billion euros for the month from 2.1 billion euros in December, 2013. Not including petroleum products, the increase, in excess of 212 million euros for December, represents a considerable 16 percent increase compared to the equivalent month in 2013. The increased momentum of Greek exports last December greatly offset the sector’s declining rates registered earlier in the year, and resulted in an overall reduction of 1.4 percent. Not including pe-troleum products, the marginal increase of 0.1 percent, or 12 million euros, is the first rise in exports registered since 2012. The Panhellenic Exporters Association had forecast a decrease in the total value of exports of be-tween 2 and 2.5 percent for the end of 2014, compared to the previous year. “The miraculous performance of Greek exports proves that sustainability and potential exist,” noted Christina Sakellaridi, president of the Panhellenic Exporters Association. “Despite the adverse con-ditions, Greek exports exceeded even the most optimistic predictions, demonstrating that they can both maintain and capture increased market shares in the global market when conditions favoring international trade exist,” she added. Sakellaridi pointed out that, with this in mind, a positive outcome in the country’s negotiations with its creditors is even more crucial so that Greece may capitalize on the painful sacrifices made in recent years and establish expectations for an economic rebound propelled by exports. The Panhellenic Exporters Association’s head official noted that the recently elected Syriza-led co-alition government’s declared priority to restructure the country’s taxation system, as well as its in-tention to implement revisions that will offer relief to local households and enterprises, is extremely significant.“Greece will need to soon acquire a fair, stable, simplified and growth-friendly taxation system so that the economy’s productive forces are liberated, and Greek and foreign investment is facilitated,” noted Sakellaridi. The reduced exchange rate of the euro currency, signs of a recovery in demand around Europe - the strongest and most natural market for Greek products – and a solution to the country’s debt problem are all factors that will provide renewed momentum to the country’s exporting industry and lead towards a record-breaking year in 2015, the Panhellenic Exporters Association chief official noted. It should be pointed out that the European Commission, in forecasts it made this winter, projects that Greek revenues to be generated by product and service exports in 2015 will increase by 5.6 percent, which, in total monetary terms, would represent a 3 percent increase to roughly 28 billion euros.

Export destinations and sector leaders According to early estimates made for trading activity in 2014, non-EU countries absorbed 52 per-cent of the country’s total value of exports, while the EU took in the other 48 percent. Not including

Sector making up

for lost ground

Exports rise by 0.1% year-on-year in 2014 (not including petroleum products)

73


petroleum products, the proportion tips in favor of the EU, with 64.2 of Greek exports ending up in fellow EU member states, and 35.8 percent absorbed by non-EU countries. In sector terms, machinery (+10.5%), chemicals (+4.3%), food (+4%), and various industrial prod-ucts (3%) were the stand-out export performers. At the other end, considerable reductions were reported by the sectors of olive oil (-44.6%), raw materials (-5.3%) and petroleum products (-2.9%). Marginal changes were registered by industrial products (-0.1%) and beverages-spirits and tobacco (-0.3%), which both gained momentum late in 2014. Various sector observations made by the Exporters’ Association of Northern Greece (SEVE), which stressed the need for financial support to Greek exporting enterprises, provide a number of inter-esting details. According to SEVE, the export activity of local small and medium-sized enterprises (SMEs) contrib-utes to 35% of total Greek exports, compared to the EU’s average of 24%. Even amid the current harsh conditions prompted by the economic crisis, Greek export-oriented enterprises have stood out as the corporate sector’s most robust and dynamic performers. Between 2009 and 2013, Greek exporters achieved a small economic “miracle”, namely export growth of 57.1%, in total. However, due to the prolonged lack of liquidity and a complete lack of working capital to finance international sales orders, the Greek export dynamic stumbled into a downward spiral at the beginning of 2013, and has since remained stranded. The main problem of Greek enterprises at present is their unutilized production capacity. The National Bank of Greece confirmed the problem in a recent report. The majority of companies in Greece, including export-oriented enterprises, are underperforming as a result of the unavailability of working capital that would help them reinvigorate their business operations.Striking a balance between fiscal stability policies and growth policies is a main objective of the “Eu-rope 2020” strategy. However, as stressed by SEVE, liquidity injection and working capital reinforce-ment is of major importance for the Greek business sector, which could be provided through the new National Support Reference Framework (NSRF) for 2014-2020. It would be wise for the Ministry of Development to head in such a direction. In recent times, SEVE has worked on promoting a number of worthwhile practices concerning ex-port financing mechanisms that are implemented in countries characterized by high-export per-formance or advanced export-support systems. More specifically, SEVE singled out and analyzed export financing mechanisms provided to enterprises in the USA, Germany, France, the UK, Italy, Poland, the Czech Republic, and New Zealand. SEVE’s export-financing mechanism proposal, which aims to radically enhance the liquidity of Greek enterprises, was based on the accumulation of these findings, their critical analysis, and adjustment to the Greek economy’s current conditions. SEVE proposes the establishment of a mechanism that provides guarantees to the domestic bank-ing system, in order to pre-finance the working capital needs of exporting firms. More specifically, the exporters’ association proposal consists of two programs. One entails pre-financing Greek ex-porting companies, guaranteed by the Greek Government. The other concerns a financing program for the supply chain, guaranteed by the Greek GovernmentWhile pointing out the sector’s growth potential, the association also noted that Greek exporters have made enormous efforts to achieve positive results amid the deep, six-year-long recession, which appears to be gradually reaching its end. Greece has avoided bankruptcy and the time is now ripe for the country to step ahead from an economy of recession to an economy of recovery, SEVE noted. However, it needs to be reiterated that securing financial support for the exporting business sector is of paramount importance in the overall effort being made to reignite the real economy.

74


Total 27.316.013.002 26.900.200.761 100,0% -1,5%

1 Petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations

202.661.643 9.959.947.082 37,0% 4814,6%

2 Aluminium 1.049.550.113 1.161.550.116 4,3% 10,7%

3 Medicaments (including veterinary medicaments) 1.010.244.860 996.813.083 3,7% -1,3%

4 Fruit and nuts (not including oil nuts), fresh or dried 781.754.728 776.273.050 2,9% -0,7%

5 Vegetables, roots and tubers, prepared or preserved, n.e.s. 469.637.367 497.437.701 1,8% 5,9%

6 Fish, fresh (live or dead), chilled or frozen 477.949.902 466.343.970 1,7% -2,4%

7 Confidential Products 432.336.174 453.535.993 1,7% 4,9%

8 Copper 410.778.856 414.235.553 1,5% 0,8%

9 Fruit, preserved, and fruit preparations (excluding fruit juices) 419.641.915 381.782.276 1,4% -9,0%

10 Lime, cement, and fabricated construction materials (except glass and clay materials) 326.744.452 349.189.942 1,3% 6,9%

11 Cheese and curd 297.188.045 333.542.852 1,2% 12,2%

12 Cotton 377.141.089 314.776.698 1,2% -16,5%

13 Automatic dataprocessing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.

34.934.411 288.315.574 1,1% 725,3%

14 Fixed vegetable fats and oils, “soft”, crude, refined or fractionated 544.902.935 284.605.879 1,1% -47,8%

15 Plates, sheets, film, foil and strip, of plastics 249.802.241 252.071.141 0,9% 0,9%

16 Articles, n.e.s., of plastics 203.944.697 240.311.450 0,9% 17,8%

17 Telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division

230.158.597 232.945.689 0,9% 1,2%

18 Other plastics, in primary forms 215.497.848 229.395.108 0,9% 6,4%

19 Women’s or girls’ coats, capes, jackets, suits, trousers, shorts, shirts, dresses and skirts, underwear, nightwear and similar articles of textile fabrics, knitted or crocheted (other than those of subgroup .)

225.280.205 226.757.728 0,8% 0,7%

20 Iron and steel bars, rods, angles, shapes and sections (including sheet piling) 293.176.781 222.394.082 0,8% -24,1%

21 Tobacco, manufactured (whether or not containing tobacco substitutes) 205.199.558 217.059.441 0,8% 5,8%

22 Equipment for distributing electricity, n.e.s. 238.621.464 212.561.571 0,8% -10,9%

23 Articles of apparel and clothing accessories of other than textile fabrics; headgear of all materials 230.114.694 207.317.786 0,8% -9,9%

24 Edible products and preparations, n.e.s. 177.976.639 194.029.448 0,7% 9,0%

25 Residual petroleum products, n.e.s., and related materials 113.152.875 187.911.936 0,7% 66,1%

26 Perfumery, cosmetic or toilet preparations (excluding soaps) 159.162.740 172.430.409 0,6% 8,3%

27 Tobacco, unmanufactured; tobacco refuse 186.750.546 169.231.853 0,6% -9,4%

28 Alcoholic beverages 152.880.056 156.194.110 0,6% 2,2%

29 Baby carriages, toys, games and sporting goods 135.350.443 150.802.032 0,6% 11,4%

30 Tubes, pipes and hollow profiles, and tube or pipe fittings, of iron or steel 140.214.426 149.453.660 0,6% 6,6%

31 Cereal preparations and preparations of flour or starch of fruits or vegetables 137.889.811 145.820.584 0,5% 5,8%

32 Structures and parts of structures, n.e.s., of iron, steel or aluminium 134.201.946 145.603.966 0,5% 8,5%

33 Vegetables, fresh, chilled, frozen or simply preserved (including dried leguminous vegetables); roots, tubers and other edible vegetable products, n.e.s., fresh or dried

167.682.955 144.605.425 0,5% -13,8%

34 Milk and cream and milk products other than butter or cheese 112.267.441 143.799.467 0,5% 28,1%

35 Liquefied propane and butane 1.559.637 142.156.562 0,5% 9014,7%

36 Miscellaneous chemical products, n.e.s. 126.508.487 141.834.510 0,5% 12,1%

37 Manufactures of base metal, n.e.s. 186.562.437 134.573.048 0,5% -27,9%

GREEK EXPORTS

Share 1420142013Greek exports per product (SITC-3), in euro

Annual Trend 14/13

75


38 Fertilizers (other than those of group ) 121.521.316 132.143.276 0,5% 8,7%

39 Stone, sand and gravel 135.554.874 131.608.695 0,5% -2,9%

40 Ships, boats (including hovercraft) and floating structures 85.242.823 129.030.006 0,5% 51,4%

41 Electrical apparatus for switching or protecting electrical circuits or for making connections to or in electrical circuits (e.g., switches, relays, fuses, lightning arresters, voltage limiters, surge suppres-sors, plugs and sockets, lampholders and junction boxes); electrical resistors (including rheostats and potentiometers), other than heating resistors; printed circuits; boards, panels (including numerical control panels), consoles, desks, cabinets and other bases, equipped with two or more apparatus for switching, protecting or for making connections to or in electrical circuits, for electric control or the distribution of electricity (excluding switching apparatus of subgroup .)

134.275.101 121.786.919 0,5% -9,3%

42 Paper and paperboard, cut to size or shape, and articles of paper or paperboard 103.386.944 120.317.074 0,4% 16,4%

43 Mechanical handling equipment, and parts thereof, n.e.s. 118.923.997 120.110.964 0,4% 1,0%

44 Articles of apparel, of textile fabrics, whether or not knitted or crocheted, n.e.s. 119.510.011 116.066.710 0,4% -2,9%

45 Wheat (including spelt) and meslin, unmilled 54.901.905 114.399.217 0,4% 108,4%

46 Soap, cleansing and polishing preparations 108.557.599 113.054.239 0,4% 4,1%

47 Electrical machinery and apparatus, n.e.s. 104.705.001 112.752.497 0,4% 7,7%

48 Polymers of styrene, in primary forms 121.067.949 110.501.305 0,4% -8,7%

49 Pigments, paints, varnishes and related materials 106.515.877 110.362.836 0,4% 3,6%

50 Special yarns, special textile fabrics and related products 103.456.174 110.186.387 0,4% 6,5%

51 Heating and cooling equipment, and parts thereof, n.e.s. 94.449.534 107.264.062 0,4% 13,6%

52 Internal combustion piston engines, and parts thereof, n.e.s. 85.077.150 105.938.676 0,4% 24,5%

53 Aluminium ores and concentrates (including alumina) 17.850.305 97.553.577 0,4% 446,5%

54 Knitted or crocheted fabrics (including tubular knit fabrics, n.e.s., pile fabrics and openwork fabrics), n.e.s.

90.279.939 88.559.943 0,3% -1,9%

55 Special transactions and commodities not classified according to kind 101.662.161 87.850.892 0,3% -13,6%

56 Householdtype electrical and nonelectrical equipment, n.e.s. 98.246.824 83.133.531 0,3% -15,4%

57 Meters and counters, n.e.s. 60.370.053 81.164.251 0,3% 34,4%

58 Flatrolled products of iron or nonalloy steel, clad, plated or coated 66.346.864 79.399.651 0,3% 19,7%

59 Paper and paperboard 69.270.505 77.458.083 0,3% 11,8%

60 Women’s or girls’ coats, capes, jackets, suits, trousers, shorts, shirts, dresses and skirts, underwear, nightwear and similar articles of textile fabrics, not knitted or crocheted (other than those of subgroup .)

68.098.352 74.540.740 0,3% 9,5%

61 Nonferrous base metal waste and scrap, n.e.s. 2.863.230 74.505.919 0,3% 2502,2%

62 Oilseeds and oleaginous fruits of a kind used for the extraction of “soft” fixed vegetable oils (exclud-ing flours and meals)

66.929.706 72.396.300 0,3% 8,2%

63 Other crude minerals 70.156.041 72.248.131 0,3% 3,0%

64 Printed matter 76.801.521 70.853.799 0,3% -7,7%

65 Footwear 63.941.515 68.656.941 0,3% 7,4%

66 Other machinery and equipment specialized for particular industries; parts thereof, n.e.s. 62.807.065 65.757.437 0,2% 4,7%

67 Metal containers for storage or transport 58.299.477 58.288.737 0,2% -0,0%

68 Nonelectrical machinery, tools and mechanical apparatus, and parts thereof, n.e.s. 52.015.334 58.165.005 0,2% 11,8%

69 Feeding stuff for animals (not including unmilled cereals) 58.553.622 58.034.591 0,2% -0,9%

70 Parts and accessories of the motor vehicles of groups , , and 50.935.012 56.602.352 0,2% 11,1%

71 Synthetic organic colouring matter and colour lakes, and preparations based thereon 52.273.887 56.221.225 0,2% 7,6%

72 Textile yarn 56.367.658 54.082.185 0,2% -4,1%

GREEK EXPORTS


Annual Trend 14/13

76


73 Aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof

100.317.335 53.258.910 0,2% -46,9%

74 Rice 45.910.378 53.104.816 0,2% 15,7%

75 Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms

23.243.558 52.678.426 0,2% 126,6%

76 Other meat and edible meat offal, fresh, chilled or frozen (except meat and meat offal unfit or unsuitable for human consumption)

45.448.681 51.683.877 0,2% 13,7%

77 Pumps (other than pumps for liquids), air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, whether or not fitted with filters; centrifuges; filtering or purifying ap-paratus; parts thereof

27.195.769 51.265.851 0,2% 88,5%

78 Household equipment of base metal, n.e.s. 45.530.404 48.350.866 0,2% 6,2%

79 Jewellery, goldsmiths’ and silversmiths’ wares, and other articles of precious or semiprecious materi-als, n.e.s.

59.444.404 48.035.612 0,2% -19,2%

80 Polymers of ethylene, in primary forms 45.155.673 47.429.007 0,2% 5,0%

81 Sugar confectionery 45.464.778 45.838.205 0,2% 0,8%

82 Medicinal and pharmaceutical products, other than medicaments of group 40.657.336 45.407.766 0,2% 11,7%

83 Furniture and parts thereof; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings

43.336.861 44.669.322 0,2% 3,1%

84 Flatrolled products of iron or nonalloy steel, not clad, plated or coated 39.229.679 44.029.760 0,2% 12,2%

85 Watches and clocks 42.720.830 43.445.177 0,2% 1,7%

86 Fabrics, woven, of manmade textile materials (not including narrow or special fabrics) 35.201.725 43.380.064 0,2% 23,2%

87 Motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including stationwag-ons and racing cars

48.719.610 42.872.287 0,2% -12,0%

88 Men’s or boys’ coats, capes, jackets, suits, blazers, trousers, shorts, shirts, underwear, nightwear and similar articles of textile fabrics, not knitted or crocheted (other than those of subgroup .)

40.007.205 41.968.079 0,2% 4,9%

89 Nonalcoholic beverages, n.e.s. 39.433.733 41.524.583 0,2% 5,3%

90 Articles of rubber, n.e.s. 69.941.493 41.442.934 0,2% -40,7%

91 Electric current 166.207.493 41.155.947 0,2% -75,2%

92 Thermionic, cold cathode or photocathode valves and tubes (e.g., vacuum or vapour or gasfilled valves and tubes, mercury arc rectifying valves and tubes, cathoderay tubes, television camera tubes); diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices; lightemitting diodes; mounted piezoelectric crystals; electronic integrated circuits and microassemblies; parts thereof

35.257.006 39.285.370 0,1% 11,4%

93 Crustaceans, molluscs and aquatic invertebrates, whether in shell or not, fresh (live or dead), chilled, frozen, dried, salted or in brine; crustaceans, in shell, cooked by steaming or boiling in water, whether or not chilled, frozen, dried, salted or in brine; flours, meals and pellets of crustaceans or of aquatic invertebrates, fit for human consumption

36.312.739 39.035.043 0,1% 7,5%

94 Inorganic chemical elements, oxides and halogen salts 39.848.051 38.987.488 0,1% -2,2%

95 Musical instruments and parts and accessories thereof; records, tapes and other sound or similar recordings (excluding goods of groups and )

40.790.083 38.776.436 0,1% -4,9%

96 Veneers, plywood, particle board, and other wood, worked, n.e.s. 41.726.879 38.303.176 0,1% -8,2%

97 Lighting fixtures and fittings, n.e.s. 29.117.124 38.070.387 0,1% 30,7%

98 Madeup articles, wholly or chiefly of textile materials, n.e.s. 30.734.996 37.477.769 0,1% 21,9%

99 Fish, dried, salted or in brine; smoked fish (whether or not cooked before or during the smoking process); flours, meals and pellets of fish, fit for human consumption

33.581.883 36.391.328 0,1% 8,4%

100 Mineral manufactures, n.e.s. 36.230.540 36.322.841 0,1% 0,3%

101 Furskins, raw (including heads, tails, paws and other pieces or cuttings, suitable for furriers’ use), other than hides and skins of group

38.852.689 34.595.342 0,1% -11,0%

GREEK EXPORTS


Annual Trend 14/13

77


102 Tubes, pipes and hoses, and fittings therefor, of plastics 28.891.025 33.982.168 0,1% 17,6%

103 Pulp and waste paper 34.098.969 32.600.442 0,1% -4,4%

104 Sulphur and unroasted iron pyrites 33.119.645 31.971.414 0,1% -3,5%

105 Furskins, tanned or dressed (including heads, tails, paws and other pieces or cuttings), unassembled, or assembled (without the addition of other materials), other than those of heading .

51.407.554 31.544.478 0,1% -38,6%

106 Coffee and coffee substitutes 37.147.890 31.544.449 0,1% -15,1%

107 Instruments and appliances, n.e.s., for medical, surgical, dental or veterinary purposes 23.082.198 31.511.049 0,1% 36,5%

108 Television receivers (including video monitors and video projectors), whether or not incorporating radiobroadcast receivers or sound or videorecording or reproducing apparatus

33.345.174 30.189.976 0,1% -9,5%

109 Petroleum oils and oils obtained from bituminous minerals, crude 10.272.955.571 30.153.457 0,1% -99,7%

110 Gold, nonmonetary (excluding gold ores and concentrates) 54.655.756 30.042.040 0,1% -45,0%

111 Ferrous waste and scrap; remelting scrap ingots of iron or steel 28.410.465 30.014.231 0,1% 5,6%

112 Hides and skins (except furskins), raw 48.467.808 29.742.174 0,1% -38,6%

113 Electric power machinery (other than rotating electric plant of group ), and parts thereof 53.147.390 29.369.424 0,1% -44,7%

114 Clothing accessories, of textile fabrics, whether or not knitted or crocheted (other than those for babies)

31.713.156 28.898.859 0,1% -8,9%

115 Optical instruments and apparatus, n.e.s. 33.106.760 28.783.000 0,1% -13,1%

116 Insecticides, rodenticides, fungicides, herbicides, antisprouting products and plantgrowth regula-tors, disinfectants and similar products, put up in forms or packings for retail sale or as preparations or articles (e.g., sulphurtreated bands, wicks and candles, and flypapers)

22.622.902 26.928.854 0,1% 19,0%

117 Rotating electric plant, and parts thereof, n.e.s. 29.764.077 26.751.324 0,1% -10,1%

118 Margarine and shortening 28.525.157 26.499.168 0,1% -7,1%

119 Measuring, checking, analysing and controlling instruments and apparatus, n.e.s. 27.885.593 26.274.475 0,1% -5,8%

120 Agricultural machinery (excluding tractors), and parts thereof 21.870.199 25.961.878 0,1% 18,7%

121 Crude vegetable materials, n.e.s. 1.088.522 25.177.241 0,1% 2213,0%

122 Sugars, molasses and honey 50.335.893 24.995.227 0,1% -50,3%

123 Engines and motors, nonelectric (other than those of groups , and ); parts, n.e.s., of these engines and motors

18.785.126 24.711.749 0,1% 31,5%

124 Chocolate and other food preparations containing cocoa, n.e.s. 23.711.508 23.934.530 0,1% 0,9%

125 Clay construction materials and refractory construction materials 24.758.505 23.744.608 0,1% -4,1%

126 Trunks, suitcases, vanity cases, executive cases, briefcases, school satchels, binocular cases, camera cases, musical instrument cases, spectacle cases, gun cases, holsters and similar containers; travel-ling bags, toilet bags, rucksacks, handbags, shopping bags, wallets, purses, map cases, cigarette cases, tobacco pouches, tool bags, sports bags, bottle cases, jewellery boxes, powder boxes, cutlery cases and similar containers, of leather or of composition leather, of sheeting of plastics, of textile materials, of vulcanized fibre or of paperboard, or wholly or mainly covered with such materials or with paper; travel sets for personal toilet, sewing or shoe or clothes cleaning

18.699.712 23.346.931 0,1% 24,9%

127 Fruit juices (including grape must) and vegetable juices, unfermented and not containing added spirit, whether or not containing added sugar or other sweetening matter

20.676.074 22.490.445 0,1% 8,8%

128 Civil engineering and contractors’ plant and equipment; parts thereof 23.962.312 21.588.937 0,1% -9,9%

129 Office machines 7.583.917 21.501.961 0,1% 183,5%

130 Textile and leather machinery, and parts thereof, n.e.s. 27.473.888 21.012.561 0,1% -23,5%

131 Miscellaneous manufactured articles, n.e.s. 23.352.414 20.741.926 0,1% -11,2%

132 Ores and concentrates of base metals, n.e.s. 116.296.710 20.053.131 0,1% -82,8%

133 Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressurereducing valves and thermostatically controlled valves

18.828.487 19.934.808 0,1% 5,9%

134 Ingots and other primary forms, of iron or steel; semifinished products of iron or steel 17.663.653 19.839.067 0,1% 12,3%

GREEK EXPORTS


Annual Trend 14/13

78


135 Lead 18.436.920 19.438.091 0,1% 5,4%

136 Foodprocessing machines (excluding domestic); parts thereof 21.665.180 18.829.999 0,1% -13,1%

137 Machine tools for working metal, sintered metal carbides or cermets, without removing material 13.687.742 18.673.252 0,1% 36,4%

138 Rubber tyres, interchangeable tyre treads, tyre flaps and inner tubes for wheels of all kinds 19.910.590 18.267.486 0,1% -8,3%

139 Fixed vegetable fats and oils, crude, refined or fractionated, other than “soft” 19.789.019 17.672.251 0,1% -10,7%

140 Glassware 18.257.263 17.573.024 0,1% -3,7%

141 Meat and edible meat offal, prepared or preserved, n.e.s. 14.860.468 16.645.188 0,1% 12,0%

142 Office and stationery supplies, n.e.s. 18.946.137 16.564.318 0,1% -12,6%

143 Men’s or boys’ coats, capes, jackets, suits, blazers, trousers, shorts, shirts, underwear, nightwear and similar articles of textile fabrics, knitted or crocheted (other than those of subgroup .)

15.689.714 16.139.998 0,1% 2,9%

144 Wire of iron or steel 14.266.122 14.513.947 0,1% 1,7%

145 Ores and concentrates of precious metals; waste, scrap and sweepings of precious metals (other than of gold)

6.403.564 14.410.911 0,1% 125,0%

146 Cotton fabrics, woven (not including narrow or special fabrics) 21.512.386 13.933.275 0,1% -35,2%

147 Essential oils, perfume and flavour materials 15.878.450 13.733.155 0,1% -13,5%

148 Tulles, lace, embroidery, ribbons, trimmings and other smallwares 13.477.067 13.701.698 0,1% 1,7%

149 Live animals other than animals of division 3 12.378.248 13.551.127 0,1% 9,5%

150 Arms and ammunition 19.998.366 13.440.304 0,0% -32,8%

151 Meal and flour of wheat and flour of meslin 13.609.117 13.435.964 0,0% -1,3%

152 Oilseeds and oleaginous fruits, whole or broken, of a kind used for the extraction of other fixed vegetable oils (including flours and meals of oilseeds or oleaginous fruit, n.e.s.)

12.038.115 13.200.576 0,0% 9,7%

153 Starches, inulin and wheat gluten; albuminoidal substances; glues 12.254.600 12.491.685 0,0% 1,9%

154 Pumps for liquids, whether or not fitted with a measuring device; liquid elevators; parts for such pumps and liquid elevators

10.737.583 12.193.775 0,0% 13,6%

155 Animal or vegetable fats and oils, processed; waxes; inedible mixtures or preparations of animal or vegetable fats or oils, n.e.s.

10.144.994 12.080.968 0,0% 19,1%

156 Printing and bookbinding machinery, and parts thereof 11.828.667 11.971.286 0,0% 1,2%

157 Wire products (excluding insulated electrical wiring) and fencing grills 12.574.866 11.854.744 0,0% -5,7%

158 Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or princi-pally with machines falling within groups and

9.790.588 11.269.228 0,0% 15,1%

159 Fish, crustaceans, molluscs and other aquatic invertebrates, prepared or preserved, n.e.s. 14.287.846 11.186.135 0,0% -21,7%

160 Wood manufactures, n.e.s. 10.406.321 10.016.709 0,0% -3,7%

161 Motor vehicles for the transport of goods and specialpurpose motor vehicles 15.111.339 9.826.085 0,0% -35,0%

162 Motor cycles (including mopeds) and cycles, motorized and nonmotorized; invalid carriages 10.859.625 9.722.990 0,0% -10,5%

163 Prefabricated buildings 8.155.336 9.580.412 0,0% 17,5%

164 Cutlery 6.404.317 8.996.583 0,0% 40,5%

165 Leather 7.756.402 8.951.621 0,0% 15,4%

166 Metal salts and peroxysalts, of inorganic acids 10.680.565 8.777.581 0,0% -17,8%

167 Tools for use in the hand or in machines 5.007.281 8.519.735 0,0% 70,1%

168 Floor coverings, etc. 10.388.526 8.445.130 0,0% -18,7%

169 Crude animal materials, n.e.s. 24.646.564 8.291.235 0,0% -66,4%

170 Waste, parings and scrap, of plastics 7.533.372 8.106.386 0,0% 7,6%

171 Maize (not including sweet corn), unmilled 15.450.991 7.991.559 0,0% -48,3%

172 Optical goods, n.e.s. 7.180.380 7.975.759 0,0% 11,1%

173 Organoinorganic compounds, heterocyclic compounds, nucleic acids and their salts, and sulphon-amides

13.474.162 7.562.280 0,0% -43,9%

GREEK EXPORTS


Annual Trend 14/13

79


174 Sanitary, plumbing and heating fixtures and fittings, n.e.s. 7.391.699 7.199.420 0,0% -2,6%

175 Natural abrasives, n.e.s. (including industrial diamonds) 5.602.204 6.987.784 0,0% 24,7%

176 Trailers and semitrailers; other vehicles, not mechanicallypropelled; specially designed and equipped transport containers

16.874.915 6.240.523 0,0% -63,0%

177 Flatrolled products of alloy steel 8.087.238 6.051.625 0,0% -25,2%

178 Nonelectric parts and accessories of machinery, n.e.s. 9.876.641 5.768.330 0,0% -41,6%

179 Metalworking machinery (other than machine tools), and parts thereof, n.e.s. 4.985.338 5.608.601 0,0% 12,5%

180 Explosives and pyrotechnic products 5.018.375 5.418.903 0,0% 8,0%

181 Alcohols, phenols, phenolalcohols, and their halogenated, sulphonated, nitrated or nitrosated derivatives

6.340.006 5.164.136 0,0% -18,5%

182 Glass 6.301.172 5.163.939 0,0% -18,0%

183 Nails, screws, nuts, bolts, rivets and the like, of iron, steel, copper or aluminium 4.704.523 5.148.095 0,0% 9,4%

184 Nitrogenfunction compounds 3.792.625 5.121.798 0,0% 35,0%

185 Road motor vehicles, n.e.s. 5.476.036 5.043.299 0,0% -7,9%

186 Electrodiagnostic apparatus for medical, surgical, dental or veterinary purposes, and radiological apparatus

5.160.185 5.037.927 0,0% -2,4%

187 Wood, simply worked, and railway sleepers of wood 4.983.710 4.989.432 0,0% 0,1%

188 Works of art, collectors’ pieces and antiques 8.961.765 4.744.979 0,0% -47,1%

189 Prepared additives for mineral oils and the like; prepared liquids for hydraulic transmission; anti-freezing preparations and prepared deicing fluids; lubricating preparations

2.556.002 4.699.857 0,0% 83,9%

190 Machine tools working by removing metal or other material 7.060.067 4.532.005 0,0% -35,8%

191 Eggs, birds’, and egg yolks, fresh, dried or otherwise preserved, sweetened or not; egg albumin 5.028.726 4.349.010 0,0% -13,5%

192 Manufactures of leather or of composition leather, n.e.s.; saddlery and harness 5.800.855 3.898.505 0,0% -32,8%

193 Pottery 3.255.302 3.833.532 0,0% 17,8%

194 Polymers of vinyl chloride or of other halogenated olefins, in primary forms 6.146.145 3.761.499 0,0% -38,8%

195 Wool and other animal hair (including wool tops) 3.327.027 3.726.391 0,0% 12,0%

196 Synthetic fibres suitable for spinning 4.556.882 3.537.758 0,0% -22,4%

197 Transmission shafts (including camshafts and crankshafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball screws; gearboxes and other speed changers (including torque converters); flywheels and pulleys (including pulley blocks); clutches and shaft couplings (including universal joints); articulated link chain; parts thereof

2.780.823 3.486.794 0,0% 25,4%

198 Monofilament of which any crosssectional dimension exceeds mm, rods, sticks and profile shapes, whether or not surfaceworked but not otherwise worked, of plastics

2.341.653 3.477.247 0,0% 48,5%

199 Other textile fabrics, woven 3.205.958 3.299.277 0,0% 2,9%

200 Parts, n.e.s., and accessories suitable for use solely or principally with the machines falling within groups and (including work or tool holders, selfopening dieheads, dividing heads and other special attachments for machine tools); tool holders for any type of tool for working in the hand

1.081.963 2.889.851 0,0% 167,1%

201 Carboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives

2.650.449 2.882.555 0,0% 8,8%

202 Photographic and cinematographic supplies 3.749.767 2.541.178 0,0% -32,2%

203 Other organic chemicals 5.471.481 2.518.496 0,0% -54,0%

204 Materials of rubber (e.g., pastes, plates, sheets, rods, thread, tubes, of rubber) 2.153.357 2.442.113 0,0% 13,4%

205 Spices 1.967.848 2.319.558 0,0% 17,9%

206 Tractors (other than those of headings . and .) 1.124.516 2.303.248 0,0% 104,8%

207 Animal oils and fats 2.739.681 2.178.748 0,0% -20,5%

208 Ball or roller bearings 2.004.506 2.074.946 0,0% 3,5%

209 Steam turbines and other vapour turbines, and parts thereof, n.e.s. 5.143.970 1.976.664 0,0% -61,6%

GREEK EXPORTS


Annual Trend 14/13

80


210 Wood in the rough or roughly squared 2.083.079 1.930.557 0,0% -7,3%

211 Paper mill and pulp mill machinery, papercutting machines and other machinery for the manufac-ture of paper articles; parts thereof

1.579.892 1.905.541 0,0% 20,6%

212 Silver, platinum and other metals of the platinum group 2.697.275 1.886.995 0,0% -30,0%

213 Sound recorders or reproducers; television image and sound recorders or reproducers; prepared unrecorded media

1.888.778 1.871.752 0,0% -0,9%

214 Zinc 1.635.629 1.798.149 0,0% 9,9%

215 Natural rubber, balata, guttapercha, guayule, chicle and similar natural gums, in primary forms (including latex) or in plates, sheets or strip

618.988 1.553.468 0,0% 151,0%

216 Wood in chips or particles and wood waste 1.297.188 1.539.433 0,0% 18,7%

217 Meat of bovine animals, fresh, chilled or frozen 1.800.461 1.517.879 0,0% -15,7%

218 Other cereal meals and flours 2.174.691 1.457.469 0,0% -33,0%

219 Nickel 38.270 1.355.811 0,0% 3442,8%

220 Fuel wood (excluding wood waste) and wood charcoal 1.306.397 1.345.124 0,0% 3,0%

221 Synthetic rubber; reclaimed rubber; waste, parings and scrap of unhardened rubber 1.475.820 1.308.429 0,0% -11,3%

222 Cocoa 1.096.973 1.306.047 0,0% 19,1%

223 Pigiron, spiegeleisen, sponge iron, iron or steel granules and powders and ferroalloys 444.683 1.298.597 0,0% 192,0%

224 Tea and maté 942.790 1.202.037 0,0% 27,5%

225 Coal, whether or not pulverized, but not agglomerated 1.002.908 1.195.285 0,0% 19,2%

226 Butter and other fats and oils derived from milk 1.241.177 1.100.578 0,0% -11,3%

227 Radiobroadcast receivers, whether or not incorporating soundrecording or reproducing apparatus or a clock

1.005.906 1.093.496 0,0% 8,7%

228 Coin (other than gold coin), not being legal tender 1.149.240 939.328 0,0% -18,3%

229 Barley, unmilled 214.372 733.906 0,0% 242,4%

230 Photographic apparatus and equipment, n.e.s. 763.544 720.904 0,0% -5,6%

231 Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal

160.041 626.133 0,0% 291,2%

232 Powergenerating machinery, and parts thereof, n.e.s. 941.052 616.558 0,0% -34,5%

233 Hydrocarbons, n.e.s., and their halogenated, sulphonated, nitrated or nitrosated derivatives 474.455 613.844 0,0% 29,4%

234 Copper ores and concentrates; copper mattes; cement copper 3.443 589.059 0,0%

235 Steam or other vapourgenerating boilers, superheated water boilers, and auxiliary plant for use therewith; parts thereof

853.573 575.138 0,0% -32,6%

236 Railway vehicles (including hovertrains) and associated equipment 482.248 532.919 0,0% 10,5%

237 Rails or railway track construction material, of iron or steel 350.781 530.941 0,0% 51,4%

238 Pearls and precious or semiprecious stones, unworked or worked 1.275.067 455.983 0,0% -64,2%

239 Cereals, unmilled (other than wheat, rice, barley and maize) 112.255 442.553 0,0% 294,2%

240 Worn clothing and other worn textile articles; rags 506.217 425.185 0,0% -16,0%

241 Briquettes, lignite and peat 13.903 348.020 0,0% 2403,2%

242 Dyeing and tanning extracts, and synthetic tanning materials 207.052 341.928 0,0% 65,1%

243 Fertilizers, crude, other than those of division 217.743 300.698 0,0% 38,1%

244 Other inorganic chemicals; organic and inorganic compounds of precious metals 207.480 277.077 0,0% 33,5%

245 No Description 236.712 260.222 0,0% 9,9%

246 Miscellaneous nonferrous base metals employed in metallurgy, and cermets 140.845 215.071 0,0% 52,7%

247 Cork manufactures 183.643 176.893 0,0% -3,7%

248 Iron ore and concentrates 635.792 145.121 0,0% -77,2%

GREEK EXPORTS


Annual Trend 14/13

81


TOP 50 GREEK EXPORT DESTINATIONS

Annual Trend 14/13Share 1420142013Top 50 Greek export destinations, in euro

Average Trend 10/14

Total 27.558.745.589 27.177.860.549 100,0% -1,4% 6,5%1 Turkey 3.207.899.648 3.277.384.441 12,1% 2,2% 27,1%2 Italy 2.455.636.049 2.488.415.303 9,2% 1,3% 6,2%3 Germany 1.793.260.186 1.788.294.463 6,6% -0,3% -2,3%4 Bulgaria 1.446.640.037 1.399.910.698 5,2% -3,2% 5,0%5 Cyprus 1.224.166.566 1.325.472.222 4,9% 8,3% -2,3%6 Gibraltar 1.058.918.145 641.416.495 2,4% -39,4% 0,3%7 Countries and territories not specified within the gramrework of trade

with third countries1.044.373.574 965.165.554 3,6% -7,6% 34,6%

8 United Kingdrom 979.761.368 976.401.292 3,6% -0,3% -1,1%9 United States 933.979.993 821.165.984 3,0% -12,1% -0,9%

10 Libyan Arab Jamajirya (Libya) 745.767.120 222.052.648 0,8% -70,2% -20,1%11 Former Yugoslav Republic of Macedonia 744.833.208 707.156.658 2,6% -5,1% 15,9%12 France 648.236.547 648.715.448 2,4% 0,1% -0,5%13 Romania 617.956.369 647.059.547 2,4% 4,7% 0,4%14 Egypt 593.468.273 755.562.760 2,8% 27,3% 21,1%15 Stores and provisions within the framework of Intra-Community trade 580.787.728 540.954.847 2,0% -6,9% na16 Spain 579.913.833 672.664.830 2,5% 16,0% 12,9%17 Lebanon 497.722.103 613.376.995 2,3% 23,2% 28,6%18 Netherlands 431.885.507 420.934.475 1,5% -2,5% -0,8%19 China 419.100.745 278.528.155 1,0% -33,5% -3,2%20 Russian Federation 406.029.940 356.890.111 1,3% -12,1% 2,4%21 Saudi Arabia 403.525.077 785.219.834 2,9% 94,6% 62,0%22 Israel 395.444.584 203.589.441 0,7% -48,5% -3,8%23 United Arab Emirates 375.134.256 359.149.376 1,3% -4,3% 17,9%24 Algeria 352.451.671 282.118.537 1,0% -20,0% 2,4%25 Albania 343.347.017 411.495.025 1,5% 19,8% -2,6%26 Belgium 298.093.924 316.397.483 1,2% 6,1% 4,6%27 Poland 291.710.203 327.087.813 1,2% 12,1% 5,4%28 Singapore 210.489.390 264.352.399 1,0% 25,6% 2,2%29 Austria 206.360.958 177.940.419 0,7% -13,8% 0,7%30 South Korea 199.717.609 281.133.569 1,0% 40,8% 53,4%31 Serbia 197.466.896 198.863.310 0,7% 0,7% 4,1%32 Morocco 190.305.296 54.834.158 0,2% -71,2% -21,6%33 Ukraine 189.341.026 188.716.243 0,7% -0,3% 18,9%34 Sweden 173.883.804 159.988.019 0,6% -8,0% 1,1%35 Slovenia 168.945.768 94.301.201 0,3% -44,2% 0,3%36 Montenegro 161.667.699 162.253.067 0,6% 0,4% 6,1%37 Georgia 153.375.444 130.652.940 0,5% -14,8% 15,5%38 Czech Republic 147.709.857 190.845.433 0,7% 29,2% 11,9%

82


39 Finland 146.388.435 165.297.049 0,6% 12,9% 2,8%40 Denmark 128.584.971 99.940.390 0,4% -22,3% -8,7%41 Brazil 123.644.508 39.741.706 0,1% -67,9% -20,2%42 Australia 121.293.859 131.376.427 0,5% 8,3% 5,1%43 Portugal 120.181.579 127.097.289 0,5% 5,8% 1,4%44 Mexico 119.082.362 130.452.554 0,5% 9,5% 5,6%45 Switzerland 115.640.460 111.667.135 0,4% -3,4% -10,0%46 Hungary 92.723.784 104.430.775 0,4% 12,6% 1,8%47 Canada 88.574.241 127.036.980 0,5% 43,4% 7,4%48 Malta 88.494.952 128.688.045 0,5% 45,4% -6,8%49 Bosnia-Herzegovina 78.569.330 72.355.894 0,3% -7,9% -1,0%50 Tunisia 78.156.580 272.054.339 1,0% 248,1% 31,6%

TOP 50 GREEK EXPORT DESTINATIONS

Annual Trend 14/13Share 1420142013Top 50 Greek export destinations, in euro

Average Trend 10/14

83


Contact Details12A Irodou Attikou Street. 151 24 Maroussi, Attica, GreeceTel: +30 210 8094000Fax:+30210 8094444website:www.moh.gr E-mail: [email protected]

MOTOR OIL (HELLAS) CORINTH REFINERIES S.A.

Consolidated turnover in 2013 at 5.1% of GDP

Motor Oil (Hellas) SA is active in the field of refining as well as trading of crude oil products. The company’s refinery along with its supportive facilities and fuel distribution facilities make up the country’s largest privately run industrial operation. The refinery is considered as being one of Europe’s most versatile. This facility, located in the Agii Theodori district of Corinth, west of Athens, produces the entire range of crude oil products, and is Greece’s only lubricants producer. The refinery is equipped with storage facilities whose capacity totals 2.5 million cubic meters, modern dock and loading infrastructure, and is Greece’s only refining facility - as well as one of Europe’s very few - to be certified with Environmental Management System (ISO 14001:2004) and Quality Management System (ISO 9001:2008) standards. Motor Oil is the sole shareholder of Coral SA (formerly Shell Hellas) and Avin Oil, which stand as the group’s basic retail arms for fuel and lubricants through a national retail network of 700 and 530 petrol stations, respectively. The two retail firms hold a market share of approximately 30%, combined. Motor Oil also entirely owns Coral Gas (formerly Shell Gas), a company active in Greece’s liquefied gas market. Motor Oil also holds a 92% stake (with Avin) in OFC Aviation Fuel Services SA, which manages the aviation refueling system and storage facilities at Athens International Airport “Eleftherios Venizelos”. Furthermore, Motor Oil holds a a 35% stake in Corinthos Power SA (the Mytilineos Group controls 65%). This firm operates an electricity producing plant with a 440 MW capacity within Motor Oil’s distillery facilities at Agii Theodori, Corinth. The trading division of Corinthos Power SA began operating in April, 2012. Finally, Motor Oil holds a 16% stake in Athens Airport Fuel Pipeline Company SA.Motor Oil’s sales have enjoyed a continual upward trajectory in recent years, and reached 12 million tons in 2013 to set yet another new company record. The company markets its products through a strong sales network and long-term associations with customers. Motor Oil’s sales figures display a clear export orientation that increased in 2013. Company sales abroad, including the shipping and aviation sectors, in over 44 countries, the main markets being Turkey, Singapore, Lebanon, Libya, the USA, Gibraltar, Italy, Saudi Arabia, Egypt, and Cyprus, represented 74.4 percent of total sales. In 2012, company sales abroad increased by 5.6 percent, year-on-year.

Petroleum

Vardis Vardinogianis

Industrial

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Contact Detailse-mail: [email protected]: www.elval.gr

Elval Group

A worldwide leading aluminium group

Elval Group is the aluminium processing and marketing sector of Viohalco. With opera-tions dating back to 1973, Elval Group is one of the leading aluminium processing com-panies worldwide and the only aluminium rolling group in Greece. For more than 40 years, Elval has been recognised as a trusted partner and innovative aluminium rolling Group with a broad portfolio of quality products made for the con-struction, shipbuilding, automotive, packaging, energy, lithography and HVAC markets. Through an established global commercial network across 88 countries and 12 produc-tion plants in Greece, Bulgaria, and the United Kingdom, Elval Group exports approxi-mately 89,4% of its production and is able to offer reliable and competitive solutions that meet the requirements of the most demanding global customers. Elval S.A. has the ability to sustainably produce both wide coils (up to 2.5 m) and long slabs (9 m) for diverse applications in a number of markets. Having completed a major investment plan in state-of-the-art equipment, the Company is able to operate cutting edge production facilities with an annual capacity of 250,000 tons. Elval’s extensive product range includes aluminium sheets and coils used in construction and architectural applications (side covers and roofs of buildings, floors, blinds, alumini-um rollers, flexible tubes and heat exchangers), the shipbuilding and automotive indus-tries (ships, cars, trucks and trains parts, and traffic applications), the food industry (food cans, beer and soft drink cans, closures, and flexible foil containers), among others.With a strong focus on quality and innovation, Elval invests significantly in product de-velopment, employee training, and the enhancement of its facilities. Through the Elval Technology centre, a department dedicated to R&D, the Company is able to introduce both innovations in manufacturing processes and high quality products. Moreover, Elval’s strategic partnership with United Aluminum Company of Japan (UACJ Corp.) has allowed it to reach a number of technological breakthroughs. Through this partnership, estab-lished in 1988, the Company benefits from significant technical assistance and expertise to support some of the most demanding industrial customers, aluminium dealers and distributors worldwide. Elval aims to further improve its position as one of the most important manufacturers of rolled aluminium products by adhering to the principles of sustainable development, and having an ongoing focus on technology and innovation, employee health and safety, environmental protection and social contribution.

METAL PRODUCTS

Industrial

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Elval product rangeElval S.A. produces aluminium sheets, coils, and disks for a wide range of appli-cations covering various markets.

Construction / architectural applica-tions ● Curtain walls ● Composite aluminium panels ● Perforated sheets and coils ● Corrugated sheets ● Polished floors● Composite polyurethane panels ● Metal roofs ● False ceilings● Roller blinds /shutters ● Garage and industrial doors ● Window sills● Guttering

Water transport systems● Multi-layered pipes

Power networks ● Electricity transmission cables

Renewable energy ● Wind turbines ● Heat exchangers for immersion heaters

Oil & Gas ● LNG storage tanks

Automotive industry● Various internal parts and components● Heat insulating covers

Shipbuilding ● Patrol vessels ● Catamarans, speedboats ● Pleasure boats

Road and rail transport ● Trucks and trailers ● Tipper trucks ● Fuel tankers ● Refrigerated trucks ● Cargo wagons ● Buses/coaches ● Special purpose vehicles ● Bus / lorry roofs● Petrol / oil tanks ● Gas tanks

Packaging● Soft drink and beer cans ● Food cans ● Precision valves ● Closure caps

Heating, ventilation, cooling ● Heat exchangers ● Car radiators● Air coolers● Condensers● Stills ● Oil coolers

Engineering applications ● Static silos ● Flat screen TVs (LCD) ● Circuit boards ● Light bulb bases ● Communications equipment boxes ● Heat-insulating pipes ● Transformers ● Toolboxes

Household appliances ● Cooking implements ● Kitchen appliances

Signage ● Road signs ● Billboards ● Car license plates

ELVAL GROUPYear 2013 figures

Key data Amounts in EUR thousand Revenue (turnover) 1,008,502 Sales outside Greece 901,696 EBITDA 74,165 Operating Results (EBIT) 28,435 Income (Earnings) before Tax 15,545

Investments 69,170 Employees 2,159 Market presence in: 88 countries % Sales outside Greece 89.41%

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Contact [email protected]: www.halcor.gr

METAL PRODUCTS

Industrial

Halcor Group

A leading global producer of innovative and value added copper solutions

Halcor, a Viohalco subsidiary, is a leading group of companies that specialise in the pro-duction, processing and marketing of copper, copper alloy and zinc rolled and extruded products, and cables. For more than 75 years, Halcor has been offering innovative and value added solutions that meet the evolving requirements of European and global cus-tomers in fields of plumbing and HVAC&R, naval construction and engineering, telecom-munications, industrial production, architecture, and the automotive industry. With significant export activity in Europe, Asia, America and Africa, the Group operates nineteen companies in Greece, Bulgaria, Romania, Cyprus, the United Kingdom, France, Germany, and Italy, and owns nine production plants in Greece, Bulgaria, and Romania. Halcor products are known for their high quality and highly innovative features. The Group’s wide range of products includes copper, brass, zinc (zinc titanium) and alloy-based bars, rods, tubes, sections, flats, wires, gutters, strips, copper wires, enamelled cop-per and aluminium wires, compounds, and a broad range of cables. Halcor has received approval from the Hellenic Copper Development Institute, which is supported by the international network of 24 copper centers ICA, to use the Cu+® brand, name and mark. Antimicrobial Copper Cu+® products constitute an integrated category of materials that are proven to be more effective than any other product, in continuously killing microbes that cause infections.The use of Antimicrobial Copper Cu+® in touch surfaces, as well as air conditioning and ventilation systems and medical gas networks has been proven to be more effective in the continuous elimination of bacteria that cause serious and dangerousinfections, compared to the use of other materials.As a result of the Group’s strategic investments in R&D, Halcor is recognised as one of the leading copper producers in Europe, setting new standards in copper processing. The Company maintains a consistent focus on quality and environmental protection, and a strong commitment to the principles of sustainable development. In this context, all pro-duction facilities in the Group’s plants leverage advanced technologies to bring innova-tive products that are energy efficient and environmentally friendly to the market.

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Halcor Group – product range Halcor offers a wide range of energy ef-ficient and environmentally friendly prod-ucts.

● Copper TubesTALOS: Water supply, heating, natural gas, fire-extinction networks and air-condi-tioning facilitiesTALOS Coated Copper: Water supply, heating, floor (underfloor) heating, natu-ral gas networks for water supply TALOS ECUTHERM: Water supply, heating networks, air-conditioning and cooling facilities and solar power systems, steam and industrial networksCUSMART: (flexible copper tubes) for water supply, heating, floor (under-floor) heating & coolingTALOS ACR: HVAC&R and solar applica-tionsTALOS GAS: (Coated) natural gas networksTALOS MED: medical gas networksTALOS ECUTHERM SOLAR: (factory-insu-lated) solar installationsACR TALOS INNER GROOVED: heat-exchangers, air conditioning and cooling devicesTALOS SOLAR Plus: solar absorbers● Copper and Titanium Zinc gutters● Brass bars rods, tubes, sections, flats

and wires for applications in architec-ture, interior design, contemporary art, furniture, lighting, pumps, gutters, heat-exchangers, plumbing, automotive, music instruments, etc.

● Copper and titanium zinc sheets and strips for architecture applications, such as domes, roof covers, exterior surfaces, gutters.

● Copper and brass sheets and strips for the construction of electrical and electronic equipment, springs, parts and components for the automotive industry, boilers, solar energy collectors and panels, heat-exchangers, electricity converters, connectors, refrigerators, pre-rolled high-frequency cables, am-munitions, wrapping for fire-resistant cables, electrical cable wrapping. These products are suitable for marine appli-cations, for the defense, petro-chemical, electrical, nuclear and medical indus-tries, as well as for machining and special tools, cooking utensils, art and decoration.

● Copper alloys for the production of beakers, discs and coins.

● Copper bars, rods and strips for archi-tecture applications, electrical and me-chanical equipment, decoration.

● Cables for buildings, outdoor instal-lations and industrial applications, transmission and distribution networks, installations with special requirements, marine applications, telecommunica-tion and data transmission networks, renewable energy sources.

● Plastic and rubber compounds for the cable industry, production of soft water pipes, production of flexible spiral pipes, production of hard flexible pipes for electrical applications, rubber and plastic soles, flexible elastic and plastic profiles.

● Enamelled wires for transformers, mo-tors-generators, small motors, relays-coils, self-supporting windings.

HALCOR GROUPYear 2013 figures

Key data Amounts in EUR thousand Revenue (turnover) 1,102,022 Sales outside Greece 985,414 EBITDA 6,703 Operating Results (EBIT) -15,554 Income (Losses) before Tax -53,637


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Contact Details8 Artemidos, Maroussi, 15125, Athens, GreeceTel: +30 2102709200Fax: +30 2102759528Website: http://www.metka.com

METKA

Workforce of over 2,500 employees in Greece

METKA is a leading engineering contractor and industrial manufacturing group, active within the Energy, Infrastructure and Defense sectors. Over the past decade, METKA has focused its development strategy in becoming an internationally renowned EPC (Engineering-Procurement-Construction) contractor, and has been recognized for its reliability, flexibility and impeccable track record. METKA is strongly focused on serving the needs of international customers and markets and is active in carrying out major power plant projects throughout Europe, the Middle East and North Africa, with strong emphasis on highly-efficient combined cycle gas turbine technology. The company’s manufacturing operations serve numerous global customers and export prod-ucts around the world, whereas its industrial facilities, with several decades of experience in complex, high value-added manufacturing, produce equipment and components used in energy production, heavy industry, infrastructure and defense ap-plications. Since its establishment over 50 years ago, METKA has continuously developed its know-how, human resources and capacity. Today, METKA is internationally recognized by lead-ing customers for its ability to successfully deliver highly demanding projects. METKA is part of the MYTILINEOS Group, Greece’s leading independent Energy producer and a strong, competitive European Industrial Group in the sectors of Energy, Metallurgy and EPC Projects. With a workforce of over 2,500 employees in Greece and abroad, the Group’s goal is business excellence, always in accordance with the principles of Corporate Social Responsibil-ity. Apart from its international EPC projects activity, MYTILINEOS Group is also one of the lead-ing groups in Metallurgy and Mining in southeastern Europe and the Middle East, operating Europe’s most important vertically integrated alumina and aluminum production and trading plant. In Energy, the Group is the largest independent electricity producer, with a balanced portfolio of thermal and renewable energy sources. It also maintains a significant presence in the domestic natural gas supply and trade market. METKA’s industrial facilities, located in Greece, occupy a total area of 21 hectares and employ approximately 300 persons. These facilities provide the company with the ability to manage its own specialized tasks, such as the production of steel equipment (tanks, pressure vessels, heat exchangers), structure engineering, sand blasting and painting, cutting, formation and tracing of plates, machining, welding, fabrication, assembly and testing. Combining long manufactur-ing experience, well qualified personnel and high-precision automated machinery, the com-pany’s production facilities meet demanding standards and achieve the highest quality levels.For yet another year, METKA posted exceptional financial results. Total turnover in 2013 reached 404 million euros from 327 million euros a year earlier, a 23% increase. Profit slipped by 8%, to 42.7 million euros from 46.4 million euros.

METAL PRODUCTS & CONSTRUCTIONS

Evangelos Mytilinaios

Industrial

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Contact Details81-83 Kifisias Ave. Maroussi GR 15124 Athens GreeceTel: (+30) 210 6170100Fax: (+30) 210 6170200E-mail: [email protected]: www.larco.gr

LARCO GENERAL MINING & METTALLURICAL COMPANY S.A.

The EU’s only ferronickel industry

Operating in a strongly competitive environment, LARCO ranks between the top 10 ferronickel producers. LARCO is one of the few Ferro-nickel producers in Europe and the sole in the Euro-pean Union. Production capacity is of the order of 20.000 MT/Y of Nickel content or approxi-mately 100.00 MT/Y of Ferro- nickel.LARCO is an entirely exporting company and the only producer of Ferro Nickel in Europe using local ores. It has been operating continuously since 1952 and has managed to become and remain solidly trusted by its customers, in every aspect including quality, quantity and deliv-ery of ferronickel. Most major manufacturers of stainless steel in Europe are successfully using LARCO’s granulated ferronickel in their plants.LARCO operates one smelter plant with its one harbour and nine open pit mines, one under-ground mine and one lignite mine. The smelting plant operates four rotary kilns, five electric furnaces and two OBM converters. The adjacent harbor accommodates ships up to 35.000 DWT.The smelting plant processes the nickelferrous ores (laterites) producing ferronickel with 17%-23% nickel content. Total quantity of ore processed per year is 2,500,000 tons, equating to an annual ferronickel production of around 100,000 tons, containing 18,000-20,000mt of nickel. Ferro-nickel is used in stainless steel production, competing with primary nickel cathode and stainless steel scrap as a feedstock. It has an advantage as a charge feed because of the consis-tency and purity of the iron content.LARCO cooperates with the biggest European stainless steel producers and maintains long-term relationships with them. The total of FeNi production is exported to Germany, Italy, Swe-den, Spain, Belgium and Finland.

MetallurgyThe symbol reflecting the theme of transformation is central to thenew logo.

The International Master has beencreated to help support LARCO’sworldwide view.

It is important for the growth of LARCOthat our name and logo builds recognitionoutside of Greece.

Therefore the International Master mustbe used for all externally facingcommunications.

This would include the companyWebsite, Brochures and Info Memo.

LOGO INTERNATIONAL MASTER LARCO GENERAL MIN ING & METALLURG ICAL COMPANY

06

Konstantinos Bobis

Industrial

90


Contact Details5th km Peania-Markopoulo, Koropi, 194 00, AttikiTel: +30 210 6623901Fax: +30 210 6623905Website: http://www.boehringer-ingelheim.com

Boehringer Ingelheim

Second place in local pharmaceutical market captured

Despite the difficult conditions in the Greek market over the past few years, multinational pharmaceutical company Boehringer Ingelheim’s local subsidiary firm has managed to keep posting increased sales figures as a result of its robust export activity. The company’s Greek subsidiary experienced a record-breaking year in 2014 following the completion of an investment in new production facilities in 2012, now fully operational. Boehringer Ingelheim began its business activity in Greece in 1966, and, several years later, launched an industrial production plant that has operated uninterruptedly until the present day, in Koropi, southeast of Athens. The facility set new standards for the country’s industrial sector.A vertically integrated production unit, the production plant has, since 1997, also focused on markets beyond Greece. Nowadays, the company supplies to over 45 countries – EU, eastern Europe, Balkans, the North Africa and the Middle East.In 2013, Boehringer Ingelheim Hellas maintained its strong position in the domestic pharma-ceutical market despite the difficult conditions, and posted net sales of 299 million euros, a 23% year-on-year increase. Exports amounted to 208 million, rising by 36.8%, spurred by the production and exportation of Micardis, medication for high blood pressure, from the com-pany’s Koropi production facility. Pretax profit reached 11 million euros in 2013. Investment activity launched at the factory in 2012, for the development of a new unit, has been completed. As a result, the pharmaceutical company has begun producing new anti-diabetic drugs and expects to begin exporting within the next quarter, further bolstering the company’s export drive, which currently represents about one percent of the country’s total exports. The company’s objective is for exports to reach half a billion euros. It is worth noting that the Boehringer Ingelheim Hellas is the only multinational pharmaceutical company that maintains its own plant in Greece. The local subsidiary’s impressive performance has encouraged the par-ent company to invest considerably in its Greek operation, which has provided strong support for Greek exports. The Boehringer Ingelheim group is one of the top 20 pharmaceutical companies worldwide. Headquartered in Ingelheim, Germany, it operates globally with 140 affiliates and more than 47,400 employees. Since its inception in 1885, the family business has been dedicated to re-search, development, manufacturing and marketing of innovative products of high therapeu-tical value, and drugs for medical and veterinary use. In 2013, Boehringer Ingelheim achieved net sales of 14.1 billion euros. Research and develop-ment expenses account for 19.5% of net sales.

PHARMACEUTICALS

Industrial

91


Contact DetailsAthinon Street, Kalamata, , 241 00Tel: +30 2721069213, 69002Fax: +30 2721069080Website: www.karelia.gr

Karelia Tobacco Industry SA

Market presence in over 65 countries

The firm’s roots date back to 1888 when the Karelia family’s first entrepreneurial generation established a small tobacco enterprise in the provincial city of Kalamata, southern Greece. Dur-ing the first few decades of operations, the firm’s operations were mostly local. The ensuing arrival of political and social stability allowed Karelia to expand its business activities through-out Greece. From the 1950s onwards, Karelia has marketed a number of particularly popular cigarette brands that secured a wide distribution network and significant market share for the company on a nationwide level. The company’s headquarters and production facility continues to be based in Kalamata. In 1971, the firm relocated operations to its present facilities, measuring 80,000 square meters. The company’s sales and marketing department operates from the company’s Karelia building in Athens. Today, Karelia Tobacco Company is Greece’s largest cigarette manufacturer and ex-porter, and one of the fastest growing independently owned cigarette companies in the world. It operates offices throughout Greece and distributes its cigarette brands to a sales network covering 45,000 sales points. Internationally, Karelia cigarette brands are marketed in over 65 countries, in western and eastern Europe, North America, Latin America, the Middle East, Africa and the Far East.Over the past eight years or so, the company’s brands have enjoyed double-digit export growth. Current annual sales turnover stands at 629 million euros, including excise taxes of 450 million euros. Highlighting the firm’s export-oriented nature, Karelia owns five subsidiary firms, of which three are based abroad. One of these, the Karelia Tobacco Company, is based in the UK, and distributes in this territory. Meridian SA, a subsidiary firm owned entirely by Karelia and which supplies duty free goods to ships, was acquired in 1995. In 2007, the firm’s office in Bulgaria was upgraded into an import company under the company name Karelia Bulgaria EOOD. In 2008, Karelia founded a subsidiary firm in Turkey, Karelia Tutun ve Ticaret A.S. That same year, Karelia acquired the Backwoods cigar brand from Altadis SA for the Greek market. It is worth noting that, despite the ongoing economic crisis in Greece, the firm carried out in-vestments worth 3 million euros in 2013 with the objective of increasing production capacity, improving production flexibility, and increasing its export drive. Management is considering to make revisions to its industrial structure, a move valued at over 6 million euro. In January, 2014, the firm spent 2.5 million euros on additional personnel costs, which included 35 addi-tional employees. The firm posted record-breaking financial figures in 2013. For the first time in the company’s history, domestic cigarette sales exceeded 16 billion units, or 16.8 billion to be exact, an 8% year-on-year rise. Sales beyond Greece exceeded 14.6 billion cigarettes, also a new record for the company. In Greece, sales increased by 2% despite the country’s recession and unfavor-able tax revisions imposed on tobacco.

Cigarettes

Andreas Karelias

Industrial

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Contact Detailse-mail:[email protected] .gr website: www.cablel.com

ELECTRICAL EQUIPMENT

Industrial

Cablel Hellenic Cables Group

A leading European producer of reliable and competitive cable solutions

The Cablel Hellenic Cables Group represents the cable production and marketing sector of Viohalco and is one of the largest cable produc-ers in Europe. The Company started its activi-ties in 1950 as a Viohalco plant and in 1973 it was incorporated as an independent subsidi-ary under the name Hellenic Cables, expanding its production and trade operations. Today, the Cablel Hellenic Cables Group consists of Hel-lenic Cables S.A. which operates three plants in Viotia, Greece that produce cables, enam-elled wires, plastic and elastomer compounds; the Fulgor S.A. plant in Corinth, Greece, which manufactures power cables, submarine cables and copper wires; and Icme Ecab S.A., a power and telecommunication cable manufacturer in Bucharest, Romania. With a strong export orientation and focus on development of value added products, such as high and extra-high voltage cables and subma-rine cables, the Group makes significant invest-ments towards enriching its product portfolio and enhancing its sustainability profile. In 2012, the Company completed a EUR over 55 million investment plan for the manufacture of high-voltage submarine cables in Fulgor’s plant.The Company’s wide product range, which is sold internationally under the Cablel® trade-mark, extends to PVC, EPR and XLPE insulated power cables (rated up to 500kV), marine and low smoke halogen free cables, fire resistant cables, telecommunication, signal and data ca-bles with copper conductors or optical fibres, as well as fire retardant halogen free plastic and elastomer compounds and enamelled wires. Wires and cables are supplied to a variety of international standards, such as VDE, CEI, NF, SEN, BS, UL, NEMA, JIS, ASTM, DIN and ELOT.

Many of the Company’s products are certified by ELOT, BASEC, VDE, IMQ, NF-USE, NETWORK RAIL, KEMA, DNV and UL.All Cablel® enamelled wires are manufactured and tested to the IEC 60317-0-1 standard; cus-tomers may also request any other recognised international standard.Technical know-how from world leaders such as the VISCAS Corporation is combined with continued investment in state-of-the-art ma-chinery to ensure levels of efficiency and qual-ity which meet the strictest standards. The Company’s Quality Management System is certified to ISO 9001:2008, its Environmental Management System to ISO 14001:2004 and its Occupational Health and Safety to OHSAS 18001:2007. Commitment to quality and sus-tainable development has been a key factor in enabling Cablel Hellenic Cables Group to establish a strong market position internation-ally. The Company’s highly experienced tech-nical and managerial staff have a strong com-mitment to technological excellence and out-standing quality, which ensures that users of Cablel® products have made a reliable choice.The Cablel Hellenic Cables Group aims to con-stantly improve its offering and respond swiftly to changes in customer needs around the world with reliable, safe products, based on environmentally-friendly technologies. At the same time, the Group places strong emphasis on the development of its people and the crea-tion of value for its shareholders, partners and the communities in which it operates. Looking ahead, the Group plans additional investments in technology and innovative cable solutions as a way of contributing to the creation of a sustainable future for its stakeholders.

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Cablel Hellenic Cables Group product range● Power cables ● Indoor installation cables● Control cables● Industrial and outdoor installation cables● Fire retardant, fire resistant, halogen-free cables● Medium voltage cables● High voltage and extra high voltage cables● Copper conductors for grounding applications

and overhead Cu, Al and ACSR conductors● Ship and marine installations fire resistant cables● Copper and aluminium rods

● Telecommunications and data transmission cables

● Gauging and control cables● Copper conductor cables: Conventional tele-

phone cables - Telephone exchange cables - Data transmission cables – High frequency telephone cables

● Optic fibre cables (single-mode &multi-mode): Underground dielectric cables, in tubes - Under-ground dielectric cables, directly buried (steel reinforcement) Underground dielectric cables, featuring rodent protection - Indoor installation LSZH cables (central tube or tight buffered)

● Aerial installation cables (“8”-sized or ADSS)● Signalling & railway signalling cables

● Submarine cables ● Medium voltage and high voltage cables● Composite medium voltage and high voltage

cables with integrated optic fibre cables ● Optic fibre cables

● Plastic and rubber compounds

● PVC-based plastics● Polyolefin-based plastics● Elastomers

● Enamelled wires

● Winding wires for electric motors and transform-ers

● Copper wires for grounding earthing and can-making

Applications: ● Cables used in: ● Buildings● Outdoor installations and industrial applications● Transmission and distribution networks● Installations with special requirements● Ships and marine applications● Telecommunications and data transmission net-

works● Renewable energy sources● Island - continental system interconnec-

tions ● Offshore wind park interconnections ● Enamelled wires are used in:● Transformers● Motors – generators● Small motors● Relays – coils● Self-supporting windings-avoids varnish impreg-

nations● Compounds are used in:● Cable industry● Production of soft water pipes● Production of flexible spiral pipes● Production of hard flexible pipes for electrical

applications● Rubber and plastic soles● Flexible elastic and plastic profiles

Turnkey solutions Cablel Hellenic Cables Group has the necessary know-how to develop and offer turnkey solutions that meet specific demands of its customers. The Company provides:

● Design and manufacture of products according to customer requirements and project specifica-tions

● Provision of special equipment needed for cable connections and termination of cable ends

● Transportation and installation of cables at the project site

● Civil works required for installation and protec-tion of cables

● Testing, initial operation and delivery of the sys-tem to the customer (commissioning)

● Full project management● Customer staff training in system opera-

tion and maintenance● Provision of maintenance / support to

the customer

CABLEL HELLENIC CABLES GROUPYear 2013 figures*

Key data Amounts in EUR thousand Revenue (turnover) 345,345 Sales outside Greece 254,035 EBITDA 1,104 Operating Results (EBIT) -7,067 Income (Losses) before Tax -19,611


* Cablel Hellenic Cables Group financials are included in Halcor Group 2013 consolidated figures.

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Contact Detailse-mail: [email protected]: www.cpw.gr

METAL PRODUCTS

Industrial

Corinth Pipeworks Group

A leading steel pipe supplier of the global energy industry

Corinth Pipeworks is one of the largest steel pipe manufacturers in Europe with a leading position in the global energy industry. The Company is a member of Sidenor Group, which represents Viohalco’s steel production, processing and trading sector. Corinth Pipeworks began operations in 1969 and has since established itself in the produc-tion of medium and large diameter steel pipes for the transmission of oil, gas, and water, as well as the manufacturing of hollow sections for use in building and construction. The company offers reliable and technically sophisticated energy and construction solutions to demanding customers worldwide.Corinth Pipeworks vision is to further reinforce its leading position in the global steel pipe industry, to be acknowledged as a premium manufacturer and reliable solutions provider, to offer a nurturing environment to its employees, to contribute to the development of the local communities and to ensure maximum return for its shareholders. In line with this mandate, the Company maintains a strong focus on quality and innovation to meet or exceed customer expectations, an ongoing commitment to health and safety in the work-place, and a strategy that fully incorporates the principles of sustainable development. Corinth Pipeworks product rangeLine pipes for oil and gas transportation Line pipes for oil and gas transportation are manufactured to meet the needs of the en-ergy industry, enabling internal and external coating. Such products ensure corrosion pro-tection and smooth flow of the transmitted energy resources. State-of-the-art equipment and extensive worldwide experience guarantee high production reliability and close-tolerance dimensional accuracy of the pipes. Line pipes for oil and gas transportation meet international standards and specific customer quality characteristics, depending on their use.

Casing pipes Casing pipes are manufactured in accordance with the high frequency welding process

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(ERW/HFI) in compliance with interna-tional standards (API 5CT / ISO 11960) and according to customer specifications in grades H 40 and J 55. The high frequency welding process (ERW/HFI) guarantees reliability in production and accuracy of dimensions within the acceptable limits. Casing pipes are available to customers either with free ends or with an applica-tion of specific weld-on connectors. Hollow structural sections Hollow structural sections are extremely important components in various types of engineering projects and, in particular, in metal constructions. The final products can have round, rectangular or square shapes, while their length is defined under customer specifications. Hollow structural sections are manufactured in accordance with the European Standard EN 10219-1.

Line pipes for water transportation Line pipes for water transportation are manufactured to transmit water to long

distance networks and to distribute this water to consumption centres. Depend-ing on customer needs, the pipes can be internally and externally coated, thus en-suring corrosion protection and smooth water flow, in compliance with all hygi-enic and potable water requirements.

Services ● Internal and external coating of pipes

produced by other pipe manufacturers● Accredited laboratory for raw material

and pipe testing, according to ΕΝ/ISO 17025

● In-house corrosion testing laboratory for sour service applications

● Weld on connector facilities for casing pipes

● Pipe storage● Supply of pipes or assignment of pipe

coating outside the Group’s product portfolio to third party authorised subcontractors, in the context of major project implementation

● Pipe transportation

* Corinth Pipeworks Group financials are included in Sidenor Group 2013 consolidated figures.

CORINTH PIPEWORKS GROUPYear 2013 figures*


Investments 12,010 Employees 401 Market presence in (from 2000): 39 countries % Sales outside Greece 92.35%

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Contact Detailse-mail: [email protected]: www.symetal.gr

Symetal S.A.

An outstanding global supplier of aluminium foil

Established in 1977, Symetal produces aluminium foil (from 6 to 200 microns) and aluminium flexi-packaging materials. The Company provides high quality aluminium foil solutions, both plain and converted, with a wide range of applications in the consumer goods, tobacco, food and pharmaceutical industries. The Company exports to more than 60 countries in Europe, the Middle East, Africa, the Far East, North and South America and Australia and generates 92% of its sales outside of Greece. Symetal is subsidiary of Elval Group, the aluminium processing and trading sector of Viohalco.Symetal operates two modern production facilities. The rolling plant situated in Oinofyta, Greece and the converting plant situated in Mandra, Greece. The rolling plant specialises in the production of plain aluminium foil, at a wide range of thicknesses and alloys. It has an annual capacity of 50,000 tons and its aluminium foil products are used in various applications such as converter foil, pharma foil, container foil, fin stock, household foil. The converting plant has an annual capacity of 18,000 tons and specialises in the conversion of aluminium foil for a number of packaging applications in the tobacco, food and pharmaceutical industries.Symetal is committed to providing high quality products and services to its customers and places strong emphasis on customer satisfaction. The Company provides R&D services in close cooperation with a fully equipped metallurgical laboratory, as well as extensive experience and know-how of its employees. Symetal is certified according to ISO 9001:2008, ISO 14001:2004, ISO 18001:2007 and ISO 22000:2005.Symetal has integrated the principles of sustainability and corporate responsibility within its business strategy. The Company places great importance on an environmentally responsible operation, along with employee health and safety.

Symetal product range● Converter foil● Pharmaceutical foil● Cable foil● Foil for food containers

● Foil for candle lights● Foil for finstock● Foil for technical applica-

tions● Household foil

● Cigarette foil● Chocolate foil● Chewing gum foil● Coated foil for lidding and

blister packaging

METAL PRODUCTS

Industrial

SYMETAL S.A.Year 2013 figures*

Key data Amounts in EUR thousand Revenue (turnover) 173,302 Employees 297 Market presence in: More than 60 countries % Sales outside Greece 92%

* Symetal S.A. financials are included in Elval Group 2013 consolidated figures.

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Contact Details43 October 26th Street, GR 54627 Thes-saloniki GreeceTel.: +30 2310-524644 Fax: +30 2310-526520Website: http://www.michailides.com/

Leaf Tobacco A. Michailides S.A.

The largest European tobacco processing group

Leaf Tobacco A. Michailides S.A. was founded in Drama, Greece in 1886 by Anastasios Michai-lides, great grandfather of Alexander Michailides, presently the largest shareholder since 1990.Five generations later the company has expanded to all Balkan countries buying and process-ing not only Oriental tobacco but FCV and Burley tobacco as well.The company constructed a large facility in Xanthi, Greece for Basma tobacco in the 1990’s. In the same period the company introduced, for the first time in Greece, the cultivation of Virginia tobacco and constructed a threshing plant for Virginia and Burley and storage facilities in Sin-dos, near Thessaloniki. Since 1992 the Group has developed its international presence with the acquisition and/or construction of production facilities in Albania, Turkey, FYR of Macedonia, Moldova, Slovakia and Bulgaria.In stages between 1996 and 2003, “Michailides” constructed the largest Oriental tobacco-processing factory in Polykastro, Greece. The Polykastro plant covers 123.000m2 on a 310.000 m2 site with a production capacity of 15 tons per hour, processing Oriental, FCV and Burley and has a warehousing capacity of 50.000 tons. The new Sandanski plant in Bulgaria was inau-gurated in January 2011, adding a € 9.5 million investment in the country with production ca-pacity of Oriental and Flue-Cured tobacco of 4-6 tons per hour. The second part of the project is currently under way constructing a new warehousing unit and increasing the warehousing complex to a total of 5.014 m2. In Strumica, FYROM the facility was upgraded in 2011 and in Drochia, Moldova the project of adding modern machinery to the production plant in order to move from traditional to soft drying processing has just been completed. This investment, along with the successful cultivation of classical oriental tobacco in the Moldova region, tar-gets the enlargement of the Moldova tobacco market.Today, Leaf Tobacco A. Michailides Group is the largest European tobacco processing group and the 4th largest worldwide, operating in 6 countries: Greece, Macedonia, Bulgaria, Albania, Moldova and India. The Group operates with ultra-modern facilities, industrial installations and storage warehouses, employing 550 permanent and 1.000 seasonal employees. The Group has invested in processing and warehousing facilities to meet customer demands and require-ments. In all countries the Group operates in it contracts with farmers directly, adhering to all international and local legislation.Leaf Tobacco A. Michailides Group strives to do business in a legal, ethical and responsible manner. These obligations apply to all companies of the Group and to all the Group’s employ-ees. Our principals are to exceed our customer expectations, to invest in new cultivations and pro-cesses, to continue building a sustainable business, to commit to the health and safety of our people and to protect the environment where we operate.

TOBACCO

Alexandros Michaillides

Industrial

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Contact Details1st km Koropiou – Varis Avenue & Dimokritou, 19400 Koropi, Attica, GreeceTel: +30 210 6624280 Fax: +30 210 6626804website: www.nireus.com email [email protected]

Nireus Aquaculture S.A.

A consistent force in the fish farming sector

NIREUS Aquaculture offers its clients a broad range of products and services thanks to its extensive company infrastructure. In-house, Nireus Aquaculture includes 5 hatcheries, 3 pre-growing units, 44 on-growing farms, 8 state-of-the-art packaging facilities, 1 research center, 2 fish-feed production factories, 1 processing factory and 3 distribution centers. This broad range of facilities has secured Nireus Aquaculture’s status as one of the ten largest aquaculture companies worldwide. It was established in 1988 and has steadily expanded into international markets to acquire a global customer base.It has been listed on the Athens Stock Exchange since 1995 and ranks first as the top export-ing company within the Greek food industry. Nireus Aquaculture exports 90 percent of its fish, serving 400 clients in over 40 countries around the world.The company offers the largest variety of Mediterranean farmed fish:European seabass, gil-thead seabream, meagre, sharpsnout bream, common (pink) bream, and common pandora. All fish is available throughout the year, fresh or frozen, whole or processed, in a variety of sizes and packaging. The company ships the equivalent of 1.5 million 400 gram fish every week serving supermarkets, restaurant chains and wholesalers. Its biggest clients include the Delhaize group, the Metro Group, Groupe Casino, Groupe Carrefour, Sainsbury’s, Pingo Doce, Esselunga, Marks and Spencer, Picard, Davigel – Nestlé.A growing demand for Nireus’ productsNireus Aquaculture has been able to expand successfully thanks to the ever-increasing global demand for fish. As the population grows and the oceans are overfished, wild fish stocks are diminishing. People are becoming more environmentally and, subsequently, demanding shifts from capture to culture. Demand is being further boosted amid the growing middle class of developing countries, while a growing trend in consumer health consciousness is shifting pro-tein consumption to fish. Nireus is able to meet this increasing demand by offering fish of high nutritional value to ever-expanding international markets. In 2013, the Group’s sales reached 198.6 million euro. Exports share slightly increased to 78% of total sales. The company has a large sales network penetrat-ing new markets and the most rapid growth has come from countries outside the European Union. Mediterranean farmed fish are not only an integral part of the Mediterranean diet, but also rich in omega-3 and highly unsaturated fatty acids. They are high in protein content and low in fat, the perfect food choice for people who watch their diet, either for health reasons or weight loss. To ensure the highest possible quality and safety for its operations, Nireus Aquaculture has adopted an Integrated Management System that includes product quality and safety, occupational health and safety, as well as environmental awareness. Its facilities in Greece and abroad are certified according to the international standards ISO 9001, ISO 14001, ISO 22000, BRC and GLOBAL G.A.P. Additionally, the Group has received the Management Award for Sustainable Development by the EU and has been ranked among the most innova-tive companies of Europe by the European Business Awards.

FOOD PRODUCTS

Aristides Belles

Industrial

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Contact Details58 Ag. Athanassiou, Anixi 145 69, AttikiΤel: +30 210629 9000Fax: +30 2106216808Website: http://gr.bicworld.com/

BIC VIOLEX SA

Sales in 160 countries covering all continents

BIC is one of the most recognized brand names in the world, specializing in manufacturing, distribution, and sales of consumable products in more than 80 countries all over the world.Violex launched its operations in 1952 as a small family-run business owned by the Politis fam-ily, manufacturing razor blades for shaving. In the 70s, Anastassios Politis joined Violex’s forces with the French group BIC, which had made major impact with its disposable ballpoint pen. Violex remained a Greek firm, and was renamed Violex BIC. In 1999, the firm was acquired by BIC group but BIC VIOLEX remains a purely Greek firm. Nowadays, it is managed globally by Greek executives. Its products are 100 percent Greek.Today, BIC VIOLEX serves as the international centre for the BIC group’s razor blades division and employs 1,200 persons. Seventy percent of BIC’s razors for global market are designed and manufactured in Athens. Therefore, it can be asserted that an entirely Greek product domi-nates markets in all five continents. Essentially, production procedures of all of BIC’s razor blade shaving products begin in Greece, by a Greek firm that maintains four production facilities in the wider Athens district of Anixi, where the products are designed and manufactured. The location is also home to BIC’s R&D department. Forty patents have been developed there over the past eight years, leading to the supply of new shaving products for the international market. The parent company, Societe BIC SA, is based in France and produces writing products, light-ers, and razors with sales in 160 countries covering all continents, from developed to develop-ing markets. Its BIC products are available at 3.2 million retail outlets, while 9,200 persons are employed by the company worldwide. BIC VIOLEX posted improved results in 2013. Total turnover rose by 9.6% to 166 million euros. Net pretax profit increased even more considerably, by 79%, to reach 36.2 million euros in 2013 from 20.2 million euros in 2012.

Miscellaneous

Dimitrios Pisimisis

Industrial

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Contact Details30 Navarhou Nikodimou 105 56 Athens, Attica, Greece Tel.: +30 210 37 24 900 Fax: +30 210 37 24 909Website: http://www.selonda.com/

SELONDA Aquaculture SA

Thirty-year presence in fish farming sector

Selonda was founded in southern Greece in 1981 and today, with over 30 years of experience, is a leading global producer and supplier of fresh Sea Bream and Sea Bass, the most popular Mediterranean fish in Europe, Russia and North America. The Selonda Group of companies supplies over 400 tons of fresh Greek Sea Bream and Sea Bass every week to customers in more than 20 countries worldwide. It has a total annual pro-duction capacity of over 25,000 tons of Sea Bream and Sea Bass:46 sea-cage fish farms in Greece with an annual production capacity of over 25,000 tons of Sea Bream and Sea Bass.1 fish feed production plant operated by the subsidiary company Perseus, the largest fish feed producer in Greece, with an annual production capacity of 70,000 tons of feed.5 hatcheries in Greece with an annual production capacity of over 120 million fry.Selonda has been listed on the Athens Stock Exchange since 1994, when it became the first aquaculture company to gain access to capital markets.After two successful long-term collaborations involving the provision of project management and know-how in Kuwait (1995-2000) and in Singapore (1997-1998), as well as in other ad hoc projects in Southeastern Asia, the SELONDA Group has continued its international activities with Turkey and Saudi Arabia as the focal points.

TurkeyThe SELONDA Group has a majority shareholding in Aegean, the second largest producer of Sea Bass and Sea Bream in Turkey. Aegean operates 5 fish farms with an annual production capacity of 7,000 tons of Sea Bass and Sea Bream.

Saudi ArabiaIn Saudi Arabia, SELONDA has undertaken, on behalf of Tabuk Fisheries, the development of two sea-cage farms in the area of Tabuk with a yearly production of 1,000 tons of Sea Bream. The Sea Bream is distributed in Saudi Arabia, UAE and Jordan. In addition, a hatchery is cur-rently under construction.

FOOD PRODUCTS

Industrial

www.timetv.gr

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Contact Detailse-mail:[email protected]: www.sidenor.gr

Sidenor Group

The largest long steel producer in Southeast Europe

Sidenor Group forms the steel production, processing and trading sector of Viohalco. It is the largest long steel producer in Greece and Southeast Europe that meets customer needs worldwide, with steel product solutions that stand out for their excellent quality, high reliability, and innovative fea-tures.The Group’s extensive product portfolio, which includes long and flat steel products, pipes, hollow structural sections and downstream products, is manufactured across 10 primary facilities in Greece, Bulgaria, Russia, and FYROM.Following more than five decades of success and growth, Sidenor Group is firmly established in the international markets in which it operates and has built solid business relationships with high profile, global clientele.The key pillars of the Group’s business excellence include its constant focus on innovation, its con-sistency in delivering top quality solutions, its high production performance and its highly efficient commercial ability.

METAL PRODUCTS

Industrial

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Sidenor Group benefits from full vertical integration and aims to achieve optimal operational effi-ciency. The Company is focused on the following core activities: ● Mini-mills● Pipes, tubes and hollow sections● Downstream operations and● Sales and distribution

Sidenor Group’s products meet the needs of its most demanding customers in Greece and abroad and stand out for their excellent quality, high reliability and particularly innovative features. More-over, the Group’s production facilities are continuously upgraded and expanded with investments of more than EUR 780 million during the period from 1998 to 2013. Sidenor Group maintains its leading market position through unwavering focus on the non-nego-tiable quality of its products, the continuous emphasis on innovation and investments in state-of-the-art technological equipment, and a customer-oriented approach to all its activities. Within this framework, the Group has applied a certified Quality Management System complying with the re-quirements specified in ISO 9001:2008.

Sidenor product range● SD integrated reinforcing system: The SD Integrated Concrete Reinforcing System represents

Sidenor’s approach to addressing significant demand for high ductility steel that provides in-creased protection against earthquakes. The system consists of: SD concrete reinforcing steel, SD stirrup reinforcing mesh, SIDEFIT special mesh, SD wire mesh, SIDEFOR and SIDEFOR PLUS prefabri-cated stirrup cages, INOMIX steel fibres, and lattice girders.

● Merchant bars: Sidenor Group is the sole producer of merchant bars in Greece. Its portfolio of merchant bars consists of: hot-rolled square bars, hot-rolled flat bars of rectangular cross-section, hot-rolled round bars of circular cross-section, hot-rolled equal angle bars with round edges, I-section Beams (IPE), UPN channels.

● Wire rod: Wire rod of SAE 1006, 1008, 1010 grades, RSt37-2 and electrode quality, in cross sections from Ø 5.5 to Ø 16.0, suitable for a wide range of size reduction applications and in line with all low-carbon wire production needs.

● Steel pipes – hollow structural sections: Steel pipes of medium and large diameter for pipelines and construction purposes, steel pipes of small diameter, and hollow structural sections (HSS).

● Hot-rolled flat products: Steel plates.● Special steels: Hot-rolled round bars (diameter: 22-120mm), as well as turned and polished round

bars (diameter: 30-115mm) used in the automotive industry and in various industrial applications.● Other products: Double-twist hexagonal mesh (serasanetti), wire products (galvanized and black),

welding products, steel balls, special profiles, metallurgical by-products.

SIDENOR GROUPYear 2013 figures



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Contact Details25th km Larissa-Volos highway, Achilio, Larisa, 41 500Tel.: +30 2410 731526-28Fax: +30 2410 731540Website: http://www.markoubros.com

VIOLAR SA

Cotton processing giant from the Thessaly region

The entrepreneurial activities of the Markou brothers in the cotton market first emerged in 1955. Backed by experience in cotton ginning and the grain sector, while also offering reliable services, Violar SA has managed to establish for itself a solid standing among global suppliers in the cotton and grain industries. Nowadays, Violar is active in cotton ginning, as well as trade of cotton, grain, and animal feed. The firm is one of the oldest and largest cotton ginning companies and traders in Greece. It trades grains covering the categories of soft wheat, hard wheat, barley, corn, and oat. Other items traded by the firm include cotton seed, cotton cake, soya flour, and sugar pie. The company operates two manufacturing plants and two warehouse facilities. One of the manufacturing plants, in Livadia, northwest of Athens, has been operating since 1969. It is comprised of a cotton ginning facility, a seed processing unit, and storage facilities. The facil-ity, whose total floor space covers 13,000 square meters, stands amid a plot of land measuring 80,000 square meters. The company’s other industrial plant, in Achillio, by the old national road between Larissa and Volos, began operating in 1994. It was constructed on a plot of land measuring 100,000 square meters. The plant itself, including a cotton ginning facility, storage space, and offices, measures 10,500 square meters. The company’s two warehouse facilities are located in Volos and Livadia. Violar also owns a 200,000-square meter expanse in Velestino, close to the port of Volos, just off the Athens-Thes-saloniki national highway. This property includes a 47,000-square meter warehouse comprised of ten separate buildings for storage of cotton packages, as well as two separate silos for stor-age of grain and animal feed, the total capacity being 120,000 tons.A company warehouse in Agios Andreas, Livadia facilitates the supply of cotton and grain, while also catering to other storage needs. This facility’s greatest advantage is its close distance from cotton and grain fields and easy accessibility for farmers and suppliers. The company posted a 40% increase in total turnover to 99 million euros in 2013 from 70.9 mil-lion euros in the previous year. However, it experienced a considerable drop in pretax profit. It plunged to one million euros in 2013 from 6.7 million euros in the previous year.

COTTON

Industrial

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Contact Details86a, Othonos & Kokkota Str.145 61 Kifissia, GreeceTel.: + 30 210 6283400Fax: + 30 210 8015614Email: [email protected]: http://www.hlv.gr

Hellenic Halyvourgia

Pioneer in steel production

The establishment of Helliniki Halyvourgia dates back to 1938, arriving as the first steel plant in Greece and one of the largest industrial companies in the country. The historic Roupel for-tress was built in the Macedonia region, in the country’s north, using Helleniki Halyvourgia’s reinforcing bars. In 1951, the company’s production unit was relocated from its first plant in Athens (Piraeus St) to an industrial facility in Aspropyrgos, on the western outskirts of Athens. In 1963, the company’s steady growth led to the establishment of Halyvourgia Volos. In 1974, it was renamed Halyvourgia Thessalias and the meltshop in Velestino began operating. The com-pany’s continual rise and achievement of new standards of excellence has created demand for its products for large infrastructure projects. The largest part of the Rio-Antirio Bridge was con-structed using Halyvourgia Thessalias reinforcing bars. The two historic companies joined forces in 2006 under the name Hellenic Halyvourgia. Bring-ing together a tradition of innovation encompassing all eras, the company has emerged as a new leading force possessing the necessary know-how and experience to meet future chal-lenges.At present, Hellenic Halyvourgia owns modern industrial steel production units in Aspro-pyrgos, Velestino and Volos. The company runs two out of the five vertically integrated steel production plants in Greece. The Aspropyrgos plant is spread over 290.000 m2. The industrial complex is comprised of a meltshop, a rolling-mill for long products, a wire mesh plant, as well as covered warehouses. Following successive upgrades of the production equipment, the unit’s annual production capacity in finished products exceeds 400.000 tons. The second melt-shop is located in Velestino, slightly beyond the city of Volos. It is located in a 265.000 m2 area. With ongoing investments in mechanical equipment, the plant’s annual production capacity in semi-finished product (billet) exceeds 700.000 tons. The company also operates a Rolling Mill and Wire Mesh Plant in Volos, at a 145,000 m2 facility. Since 1963, the Volos unit has achieved steady growth in production capacity. By installing a new rolling-mill and a state-of-the-art wire mesh plant, the unit’s annual capacity in finished products is over 600.000 tons.Hellenic Halyvourgia produces a wide range of top quality products - with the embossed trademark ΕΧΘ - which satisfy market demand and outstrip European and international stan-dards specifications, as well as new high ductility steel specifications for antiseismic construc-tions. The company’s products include Concrete Reinforcing Steel (Concrete Reinforcing Steel Bars, Concrete Reinforcing Steel Bars in Coils), Mesh (Concrete Reinforcing Mesh for columns, beams and walls, wire mesh), and Wire Rod for wire-drawing. The company posted a slightly declined sales figure in 2013 but managed to reduce losses incurred in previous years. Total sales fell by approximately 18% from 208 million euros in 2012 to 170 million euros in 2013. The company remained in the red in 2013, but losses were re-duced by 26 percent, from 39 million euros in 2012 to 28 million euros in 2013.

Metallurgical

Industrial

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Industrial

Contact Details15A Metaxa St, Kifissia, 145 64,PO Box 51528, GreeceTel: +30 210 6296 000Fax: +30 210 6296 100Email: [email protected]: www.sandb.com

S&B INDUSTRIAL ORES SA

Value creation, diversification, geographical expantion

S&B mines and processes bentonite, perlite, bauxite, zeolite, wollastonite and produces continuous casting fluxes and a variety of specialty products for a wide range of industrial applications and mar-kets, thus contributing to modern and sustainable lifestyles.Bauxites Parnasse Mining Co was founded in 1934 in Fokis, Greece. That very same year, Silver & Bar-yte Ores Mining Co. SA (S&B) was formed on the Greek island of Milos by four co-founders, Euripides Mavrommatis, Elias Eliopoulos, George Eliopoulos, and Athanasios Eliopoulos. S&B is organized internally according to a matrix system, based on four geographic regions and four market segments. The geographic regions are North Europe, South Europe, Asia Pacific and the Americas with responsibility for operations, sales, supply chain and support functions. The four global market segments – Metallurgy, Foundry, Construction and Specialties - have responsibility for marketing, global accounts management, business development and Research & Development.This structure is supported by a lean organization of corporate functions that set, drive and monitor the implementation of corporate strategies and policies.The matrix environment operates with multiple communication lines that capitalize on the diversity of the company’s global community of employees, fostering a collaborative, learning and innovative organization with a clear strategic focus.At S&B, the company strives to keep growing by doing what it knows well – developing industrial solutions by transforming natural resources into value-creating products. The company’s industrial solutions, offered globally, represent an important value-enhancing element for customer produc-tion processes and products. S&B places emphasis in understanding customer processes and needs. The company is highly conscious of the fact that its success is inextricably linked to the success and long-term satisfaction of its customers. S&B unfailingly aims to exceed the expectations of its clients. S&B has identified the following strategic pillars for sustainable value growth: Value creation from existing industrial solutions; diversification for increased exposure to non-metallurgical segments; and geographical expansion to developing countries.The company seeks to grow organically by strengthening its currently strong market positions, and expanding current product portfolio and services. S&B has identified opportunities that will enable the company to derive value from existing businesses such as segment consolidation, new product development, efficiency and productivity gains, as well as setting strategies for reserves optimiza-tion. At the same time, the company seeks additional growth through selected acquisitions and formation of new partnerships. It targets a higher innovation rate from the development of new product solutions and aims to establish new markets for existing and future customers. In recent years, S&B developed a lean but valuable infrastructure with global reach, appropriate systems and effective policies, and, most importantly, invaluable expertise and a proven track record of new busi-ness integration. These achievements allow the company to actively cultivate and pursue opportuni-ties in non-metallurgical segments, mitigating steel-related cyclicality.With headquarters in Athens, S&B Group’s operations span the globe with mines, processing facilities and distribution in 20 countries.

NON - METALLIC MINERAL PRODUCTS

Industrial

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PLASTIKA KRITIS

50 % of its production exported to 50 countries

Founded in 1970, PLASTIKA KRITIS is one of the largest Greek plastics manufacturers and one of the leading European producers of masterbatches and agricultural films. Production of mas-terbatches began in 1980. Commitment to quality, technological innovation, cost competitive-ness, flexibility and responsiveness to customer requirements have enabled PLASTIKA KRITIS to become an outstanding masterbatch supplier, with over 50 % of its production exported to 50 countries around the world. The company’s manufacturing facility in Iraklion, Crete is among the most modern in its fields of activity. A second facility near Athens is dedicated to production of filler masterbatches and garden furniture compounds. As part of its strategy of sustainable international presence, and in order to provide fast and localized service to developing regions, “PLASTIKA KRITIS” is investing in modern masterbatch production facilities in selected countries, the first of which were Romania (1997), Poland (2001), Turkey (2001) and Russia (2006). All plants share the group’s technology, know-how, quality standards, economies of scale, product range, and new developments, under the name “GLOBAL COLORS”. It has been listed on the Athens Stock Exchange since May 1999.The company specialises in the production of:➤ KRITILEN® masterbatches & compounds ➤ KRITIFIL® multilayer plastic films for agricultural applications ➤ KRITIFLEX® geomembranes ➤ KRITISOL® polyethylene pipes ➤ KRITISAN® re-cycled plastics ➤ KRITIRES® renewable energyIts products serve the horticultural and agricultural markets, plastics industry and projects re-lated to water-management and environment protection.PLASTIKA KRITIS also owns and operates a 12 MW Wind Park and 340 KW of Photovoltaic Sta-tions in Greece, producing electricity that secures competitive energy sources for the com-pany.

KARAGIORGOU N. Bros SA

Operating one of Europe’s most advanced ginning facilities

Karagiorgou SA Bros SA was founded in 1951 and is active in cotton ginning and production of cottonseed oil. The firm ranks as one of the sector’s largest. Activity at the firm includes operating industrial plants at all of Greece’s main cotton cultivation areas. The firm has been active in Thes-saloniki since 1967. The facilities there include two cotton ginning units – Unit A and Unit B - and a cottonseed oil producing unit. The facility has an overall storage capacity of 44,000 tons for ginned cotton. Total investments exceed 7.3 million euro. Unit A, the first ginning unit to be oper-ated by the firm, was constructed in 1967 and covers 3,200 square meters of floor space. Its pro-duction capacity exceeds 4,000 tons of ginned cotton. Unit B, constructed in 1997, is comprised of an industrial unit, storage facilities for cottonseed and ginned cotton, all over 8,486 square meters of floor space. The firm also maintains production facilities in Larissa, mid-northern Greece and nearby Farsala. The Larissa unit, covering 10 hectares, features one of Europe’s most advanced gin-ning facilities comprised of five state-of-the-art ginning machines, as well as cleaning and drying units. The total investment at this facility exceeded 6 million euro. Results to date offer optimism for the future. The Farsala facility, covering 12.5 hectares, includes two ultra-modern cotton gin-ning units with a total capacity of 13,000 tons of ginned cotton. The company’s product portfolio includes ginned cotton, cottonseed, and cottonseed oil. Kara-giorgou N. Bros SA posted a total turnover figure of 85.33 million euros, up by 16.4%. Its EBITDA figure reached 5.1 million euros, from 3.4 million euros in the previous year. Net pretax profit reached 3.19 million euros from 2.09 million euro, and net profit amounted to 2.46 million euros from 1.59 million euros. The yield for 2012-2013 was 15%. Consolidated results, including subsid-iary firms, showed turnover of 114.70 million euros, an EBITDA figure of 6.87 million euros, and net profit of 2.67 million euros.

Contact DetailsIraklion, Crete, 711 10 GREECE PO Box 1093 Tel: +30 2810 308500 Fax: +30 2810 381328website: http://www.plastikakritis.com/ Mail:[email protected]

Contact Details7 Kalapothaki, 54624, Thessaloniki Tel: +30 2310 254300 Fax: +30 2310 254301Email: [email protected] Website: http://www.karagiorgos.gr/

PLASTICS - RUBBER

Textiles

Industrial

Industrial

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Contact Details131 Riga Fereou str. 262 21 Patras, Achaia, GreeceTel: +30 2610 242 100FAX: +30 2610 242 119Website: http://www.pnpettas.gr/Email: [email protected]

PAVLOS N. PETTAS S.A.

Quiet yet exceptional achiever

Pavlos N. Pettas S.A. (P.N.P.) was founded as a small soap producing enterprise by Pavlos Pettas and was named after him in 1947. By 1982, during tough years of Greek economic reconstruction, the company, a constantly evolving enterprise, reached a major turning point in its history and the small business shifted to a Société Anonyme - S.A. legal status. After control of the company was transferred to the founder’s next generation of two sons and a daughter, their dynamic approach and fresh ideas led to rapid progress for the P.N.P. company. These days, it is active today in two major sectors, vegetable fats production for the food industry, and raw materials for the bakery market. The company now produces specialized products that are customized according to client needs at two fully automatized facilities in the Achaia area, north-west Peloponnese, while the enterprise’s dynamic R&D department provides solutions to new food industry requirements. The enterprise possesses over 80.000 sq. m. of company-owned installations in Greece and a further 110.000 sq. m. in Bulgaria, approximately 120 highly-educated and trained employees, fully auto-matic and electronic equipment that is less than three years old, three distribution centers around Greece, while it exports significant amounts to Mediterranean and Eastern European countries. Backed by major plans for further expansion, P.N.P. is certainly in a position to look forward to a bright future.Τhe majority of the company’s products are registered under two brand names: FAMA® and FAMA® Premium Line for fats and margarines.P.N.P. mainly addresses food industries and qualified food producing companies as well as catering enterprises, or, more specifically, those producing food products such as croissants, biscuits, ice-cream, puff-pastry, dairy products, bakery and snack products, filling creams, and rusks. A significant amount of products are exported to the E.U., former Eastern European countries as well as North Africa, Asia and North America. Exports represent over 40% of the company’s annual sales. In 2009, the company decided to invest in renewable energy source (RES) electricity production. A year later, the company secured all licenses needed for the production of green electrical energy from biogas derived from anaerobic digestion of biomass with a capacity of 3 MW. In 2011, the company secured all licenses needed for a new green power 5-MW station utilizing biomass con-sisting of its byproducts.In 2011, the company established THRACIAN BIOGAS S.A. with a 60% stake in the operation and also received three licenses from RAE, the Regulatory Authority for Energy, for the construction of three green power stations, each with a 3-MW capacity, in the northern part of Thrace, northeastern Greece, to utilize biogas derived from anaerobic digestion of biomass. This biomass results from the cultivation of energy crops.In 2012, the company established ALIARTOS BIOGAS S.A., an operation located in central Greece, with a 60% stake, while it was also granted a license by RAE for the construction of a 3-MW green power station utilizing biogas derived from anaerobic digestion of biomass.

FOOD AND BEVERAGES

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Contact Details111 Lefkis, 145 68, Kryoneri, Attikis, Athens, Greece Tel: +30 210 28.11.135Fax: +30 210 28.18.726Email: [email protected] Website: http://monotez.com

MONOTEZ SA

Greece’s one and only EPS producer

Founded in the early 1960s, Monotez initially produced only boards of expanded EPS, or Ex-pandable Polystyrene, a thermoplastic material used for thermal insulation of buildings. As of the early ‘70s, the company’s main activity switched to the production of EPS, as a raw material. Its annual production capacity has grown progressively to reach a level of 70,000 tons. In December, 2012, Ravago, in a double move, acquired Monotez and Eastchem. Both compa-nies are active in production and trade of EPS. The combined production capacity of these two companies stands at 200,000 tons, annually. In July, 2013, Ravago also bought EPS, the com-pany, based in Schkopau, Germany. Operating EPS production plants in Germany, Greece, and Turkey, Ravago commands a leading place in the European, Middle East and African markets. MONOTEZ SA is the only company that produces EPS in Greece and, subsequently, holds a leading position in the Greek market. Over the past few years, the company has placed in-creased emphasis on export sales for further growth. This export-oriented strategy has led to a strong presence for MONOTEZ SA in central, northern and eastern Europe, as well as in the Mediterranean region. Over the past three years, exports sales have represented over 80% of total annual production. MONOTEZ SA supplies medium and large-scale companies producing and trading thermal insulation boards and packaging materials. MONOTEZ SA collaborates with a large number of other companies to meet its needs. These include sourcing of specialized raw materials, transportation services, and insurance companies. The company relocated its headquarters to Krioneri, in the wider Athens area, in 2013. Production takes place at the company-owned fa-cilities in Inofyta, about 50 km north of Athens. The company employs a total of 70 persons. It is certified according to ISO 9001:2008 quality standards. MONOTEZ SA produces EPS under the Monocell trademark name. Its product range offers grades with flame retardant additives (FR grades) or without (R grades). Monocell is delivered as a raw material that is able to be expanded and then molded as foam over a wide density range, for the production of boards or shape molded elements used in buildings thermal in-sulation. It is also used for packaging purposes in the food industry and other specialized ap-plications.Furthermore, MONOTEZ SA produces GPPS (General Purpose Polystyrene) under the Klarex trademark name. It is mainly used in injection molding and extrusion. The main objective of the company is to maintain its rapid growth and to increase its market share, both nationally and internationally. For this purpose, the company implements a contin-uous investment plan regarding machinery and equipment, modern technologies and person-nel training. Strong emphasis is also placed on environmental protection issues, energy saving, as well as on health and safety issues.

PLASTICS - RUBBER

Industrial

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Contact Details17th kilometer Athens-Lamia national highway & 20 Potamou, Kifissia, 14564, AthensTel: +30 2104277800Fax: +30 2104277837Website: http://www.bsh-group.gr/

BSH Home Appliances A.B.E.

Operating 42 production facilities worldwide

BSH Home Appliances A.B.E. is a member of BSH Bosch und Siemens Hausgeräte GmbH Group, the largest household appliance manufacturer in Europe. In Greece, BSH Home Devices SA is headquartered in Kifissia, northern Athens, which houses the company’s commercial and marketing sector. Its sales branch is located in Thessaloniki, the production plant is located close in the wider area of port-city Piraeus’s Renti district, and warehouses are in Aspropyrgos, west of Athens. In 1977, BSH and Siemens acquired a 60 percent share of PITSOS SA, a Greek producer of household appliances with a long tradition in the domestic market. Since 1996, Bosch, Sie-mens and Pitsos have operated together under the name BSP. In 1998, BSH incorporated the Gaggenau brand and, four years later, also acquired Neff. Recently, the company, which em-ploys approximately 680 persons, was renamed ABE BSH Home Appliances. It is a leader in the Greek market for household appliances such as refrigerators, deep freezers, washing machines, and ovens, with a share of over 40%. The company’s export activity to other parts of Europe is increasing. In 2013, the company’s total turnover amounted to 154 million euros, of which 35 million was generated by exports. Following seven successive loss-incurring years, the company posted a profit of 6.8 million euros in 2013. A joint venture set up in 1967 by Robert Bosch GmbH (Stuttgart) and Siemens AG (Munich), BSH has experienced rapid growth over the past ten years. At present, BSH operates 42 facto-ries in 13 European countries, the USA, Latin America and Asia. Including its global sales and customer service network, the BSH corporate family is currently comprised of about 70 com-panies in 50 countries, with a total workforce of nearly 46,000 people, with over 70% of these employed in Europe. The company is headquartered in Munich.The group’s portfolio includes the Bosch and Siemens brands, as well as eight niche brands, Gaggenau, Neff, Thermador, Constructa, Viva, Ufesa, Junker and Zelmer, ensuring that the spe-cific requirements of all clients are met. Furthermore, the four regional brands (Balay, Pitsos, Profilo and Coldex) ensure broad presence in their respective markets. The group’s product range spans the entire spectrum of modern household appliances, includ-ing ovens, hobs, hoods, dishwashers, washing machines and dryers, refrigerators and freezers, as well as small household appliances (consumer products), such as vacuum cleaners, coffee makers, kettles, irons and hairdryers.

ELECTRICAL APPLIANCES

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Contact Details2 Ermou & Nikis Street, 105 63 Athens, Attica, GreeceΤel: +30 210 6245400Fax: +30 210 6245409Email: [email protected] Website: http://www.systems-sunlight.com/

Sunlight Systems SA

One of Greece’s few multinationals

The Sunlight Systems SA company designs and manufactures integrated energy systems that incorporate innovation and high value-added expertise. The company operates an industrial facility in Neon Olvio, Xanthi, northeastern Greece, equipped to produce over 1,500 specialized products that cover the energy needs of the industrial, transportation, telecommunications, manufacturing, and infrastructure sectors. The company’s production facility, established on 154 acres of company-owned land, mea-sures 40,000 square meters in floor space. Production lines include cylindrical batteries of chloride zinc, batteries of oxide silver zinc tech-nology, closed and open type industrial lead batteries, and independent photovoltaic power systems.The factory also has assembly lines involving nickel cadmium batteries for military and com-mercial applications, power supply systems for telecommunication applications, continuity systems, industrial chargers and power generators. The company maintains an independent presence in eight countries, Romania, Bulgaria, Ukraine, Poland, Serbia, France, Italy and Germany. In Greece, the company operates the aforementioned Xanthi production facility, as well as a service center in Tatoi, northern Athens, on leased property. Most recently, the company announced the launch of a major new investment worth over 20 million euros, for the development, in Greece, of Europe’s most modern Lead Battery recycling plant. The new unit, to be set up on a 42-acre plot of land in the industrial zone of Komotini, northeastern Greece, close to the company’s other plant in Xanthi, is expected to generate multiple benefits both for the local economy and nationally. The choice of Komotini for the new facility further bolsters the company’s decision to oper-ate its production from northern Greece, offering needed business support to the country’s periphery, as the company has done over the past 22 years. The production facility will operate based on Europe’s most advanced technological systems. The new investment promises to strengthen the border region of Komotini by creating 50 new jobs. Indirect jobs have already been created.

ELECTRONIC EQUIPMENT

Konstantinos Lafkas

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Contact Details19.7th km Markopoulou Ave, Peania, 19002, Athens, GreeceTel: +30-210-66 71 000Fax: +30-210-66 71 001Email: [email protected]: http://www.intracom-telecom.com

INTRACOM TELECOM

Greece’s biggest multinational group

INTRACOM TELECOM is an international telecommunication systems vendor operating in eastern Europe, the Middle East, Africa, Russia, the CIS and Asia-Pacific. The company employs over 1,800 highly-skilled professionals in eastern Europe, the Middle East, Africa, Asia and North America. The company has extensive know-how and a proven track record of over 35 years in the telecommunica-tion market, serving more than 100 renowned customers in over 70 countries. Its international cus-tomer base consists of fixed and mobile telecom operators, public authorities and large public and private enterprises. In Greece, Intracom’s headquarters, located in Peania, roughly 20 kilometers from downtown Athens center, cover a total area of more than 50,000 square metres. Also, INTRACOM TELECOM’s facilities in Patras, western Greece, house the offices of Telecommunications Software Development, Terminal Equipment Design, Development Programmes, and Support Services divi-sions. The company also maintains facilities n Thessaloniki, housing administrative offices for Techni-cal Support and AXE Software Development departments. The Technical Support department offers a helpdesk, technical support, maintenance, repair, and consulting services to INTRACOM TELECOM’s customers in northern Greece. The AXE S/W Development department, in cooperation with the Swedish company Ericsson, is engaged in near-shore telecommunications software development for the subscriber stage of the Ericsson AXE-10 Digital Exchanges.INTRACOM TELECOM develops and provides products, solutions and professional services primarily for telecommunications operators and large enterprises. The company’s core business offerings in-clude Broadband Systems, Telco Software and ICT Services and Solutions.INTRACOM TELECOM is constantly investing in the further development of wireless and network sys-tems for the European region. The company implements the latest technological advancements in order to offer affordable solutions that meet the fast-developing market for European IP services. INTRACOM TELECOM is constantly developing and enriching a wide range of services and support systems for clients (Telco Software). These solutions help users create new revenue sources and offer continuously improved services to consumers. The company offers solutions based on its own prod-ucts as well as those of others. INTRACOM TELECOM’s vast experience in large-scale projects and advanced know-how in providing complete systems (ICT Services & Solutions), including with prod-ucts of other suppliers, ensures top-quality maintenance and support services for customers. The company’s most recent services offered include Virtual Representation and Optimization of Comput-erized Centers; Network, Systems, and Applications Safety; and Managed Services. INTRACOM HOLDINGS and JSC SITRONICS are INTRACOM TELECOM’s main shareholders. INTRACOM TELECOM’s products and services reach markets in over fifty countries around the world, with south-east Europe being the main focus of activities. The company operates subsidiary firms and represen-tative offices in Albania, Armenia, Bosnia and Herzegovina, Bulgaria, Cyprus, the Former Yugoslav Republic of Macedonia (Fyrom), India, Malaysia, Moldova, Romania, Russia, Saudi Arabia, Serbia, United Arab Emirates, and the USA. The company reported improved financial results for 2013. Total turnover increased by 8.15% to reach 116 million euros. It managed to halve losses of 45.7 million euros incurred in 2012 to 22.8 million euros in 2013.

TELECOMMUNICATIONS

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Contact DetailsTelou & 14 Petroutsou sts, Maroussi, 15124, AthensTel: +30 210 615 2000Fax: +30 210 619 6002Email: [email protected]: http://www.raycap.com

RAYCAP SA

Exports represent 90% of firm’s sales

Raycap is a Greek firm that designs, produces and supports products for telecommunications and energy networks, as well as piping and electronic networks, and defense applications. The firm’s production facility is located in Drama, northern Greece, while its main office is in Athens. Raycap operates five subsidiary firms in the USA, Germany, Romania, Cyprus, and Bulgaria. It also maintains offices in Italy, Mexico, Chile, and Canada. The firm’s main trademark is export orientation, as highlighted by the fact that 90% of its sales concern exports. Raycap has maintained long-running strategic associations with Tyco Electronics and its subsidiaries such as Raychem, AMP/Simel, Mondragon, Critchley, Β&Η, Hellstern, Dulmison and Bowthorpe. Of-fering high-quality products and solutions for even the most demanding of applications, Raycap has distinguished itself for the exemplary service it offers to customers, as well as the long-term support of products, all backed by continual investment in cutting-edge technology and highly trained and academic personnel. The firm’s products cater to markets equipped with existing modern and extensive telecommunica-tions and energy networks, as well as markets with developing infrastructure. Many airports in Latin America have been installed with Raycap electronic security systems. Since the company’s establishment, Raycap has forged various long-term agreements with public utilities in Greece and abroad, such as Greece’s OTE telecommunication firm, PPC, the power util-ity locally known as DEI, telecommunications utilities in Romania, Armenia, and Cyprus, the Cypriot power utility, and numerous other agreements with industries and manufacturing firms. Raycap’s list of collaborators include General Electric, Alstom, AT&T, FAA, Bell Canada, Raytheon, Iberdrola, the Belgian railway network, Vestas, and Boston Scientific. The company reported increased total turnover and reduced pretax profit for 2013. Total turnover rose by 27% to reach 80.1 million euros in 2013. Pretax profit amounted to 7.6 million euros in 2013 from 11.2 million euros in 2012, a 32% reduction.


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Contact Details57A Ethnikis Antistaseos, Halandri, 15231, Athens Tel: +30 2106799100 Fax: +30 2106799154Email:Website: http://www.crownhellascan.gr

CROWN HELLAS CAN SA

Now active for half a century

“CROWN Hellas Can” was established by multinational companies “Metal Box” (England), “Con-tinental Can” (USA) and “Carnaud” (France) and the banks ETVA and National Bank of Greece in 1965. The company constructed a factory in Corinth, west of Athens, in 1965, while a Thessa-lonica plant was built in 1969.The Corinth factory produces cans and ends while the Patras plant focuses on packaging for beer and soft drinks. The main raw material used at the two plants is aluminum. The shaping of cans is conducted using the latest technology applications. Roles of aluminum are initially formed in cups, which are then rolled and “ironed” to form cylinders, ultimately at a desired height. The printing on the outer core is followed by spraying the interior with a spe-cial lacquer to protect the product. Then, the neck is shaped using special machines. Finally, the finished containers are packed automatically on pallets for storage and shipment to their customers.The final result of the production process is a durable lightweight container that is aestheti-cally appealing, user-friendly and fully recyclable.The Corinth factory also produces cans in collaboration with major company customers. The Thessalonica plant produces packaging for food (fruits, tomatoes, meals, etc.) and aerosol cans. The principal raw material used is tinplate. The tinplate sheets are lacquered or litho-graphed and, having been cut in pieces (depending on the size of the container), are then formed into cylinders by welding the side seams. Containers are available with common edges and easy-open ends (Easy Open).Total turnover at the company increased by 6% in 2013 to 154 million euros from 145 million euros in 2012. Net pretax profit slipped marginally, by 1.5%, to 663,000 euros in 2013 from 673,000 euros in 2102.

METALLIC PRODUCTS

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Contact DetailsKilkis Industrial area, Kilkis, 611 00, GreeceTel: +30 23410 79300Fax: +30 23410 71988Email: [email protected] Website: www.alumil.com

ALUMIL S.A.

Among Europe’s best

ALUMIL nowadays stands as the largest aluminum profile industry in Greece and one of Eu-rope’s five most prominent. The extrusion of aluminum and the production of a wide range of aluminum products are its main activities.The company began gaining a market presence in foreign markets following the expansion of its industrial and storage facilities, as well as the installation of new electrostatic paint lines and thermal insulation profile (thermal brake) systems, with subsidiary firm involvement. With a commercial presence in over 45 countries, Alumil has continuously strengthened its sales network worldwide and established subsidiaries engaged in production and commercial activities. In most countries, the company operates stores at privately owned facilities, as is the case in Romania, Germany, Bulgaria, Serbia, Albania, and Bosnia, among others. It also leases facilities for its operations, examples including Hungary, Ukraine, Poland, Egypt, the Former Yu-goslav Republic of Macedonia (Fyrom), Cyprus, and Turkey, for better customer service. ALUMIL currently operates a retail network of 70 centers/service stores in southeast Europe. ALUMIL maintains an independent presence in over 25 countries, where its financial results have been impressive. The company is a leading supplier of architectural aluminum systems in Romania, Serbia, Albania, Cyprus, Bosnia, Hungary, Poland, Egypt, Turkey, Baltic countries, Russia, Dubai, and other regions. It also markets company brand products in more demanding and highly competitive European markets such as those of Italy, Germany, Belgium, the Neth-erlands, France, and the UK. The company’s aluminum products are used by large manufactur-ing firms in demanding sectors such as the auto, shipbuilding, and railway industries, including in the UK, France, Germany, and Holland.ALUMIL also collaborates with over 500 major construction companies around the world, as well as renowned architectural and design firms for high-level projects. The company’s prod-ucts have been used for a range of construction projects including the Polish Finance Ministry, German University in Egypt, the railway station in Kiev, Ukraine, Kempinski Hotels in Tanzania and the Dead Sea in Jordan, the Zara Center in Amman, Jordan, the Acropolis Museum in Ath-ens, as well as the Rixos Hotel in Turkey, which is the world’s second seven-star hotel. The company possesses extensive experience in the demanding market of North America as well as emerging markets in the Middle East, Asia and Africa. ALUMIL maintains showrooms in Athens, New York City, London, Istanbul, Nicosia, and Frankfurt, among other places. It main-tains a team of one-hundred or so experienced engineers for technical support in forty-five countries where demand for the company’s products has increased. The company’s goal is to create independent production units (press, paint shop and foundry) in countries where de-mand is sufficient and production can be absorbed. As part of this strategy, ALUMIL has been active in either the construction or acquisition of integrated production facilities abroad since 2000. Over the past decade or so, its production capacity has been boosted by the addition of integrated production line and paint aluminum facilities in Albania, Bosnia and Serbia, as well as integrated aluminum profile paint lines and insulating profiles in Bulgaria and Romania.

METAL PRODUCTS

Konstantinos Mylonas

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Contact Details8th Km National Road Larissa – Sykourio, PO Box 1127, Greece Tel: +302410575092FAX: +30 2410575091Emails: OLIVES SECTOR: [email protected] FRUIT SECTOR: fruitsales@ intercomm.gr Website: www.intercomm.gr

INTERCOMM FOODS ΑΕ

Food king of the Thessalian fieldsINTERCOMM FOODS SA, founded in 1990, is located in the low Thessalian district of Larissa, in central Greece and is one of the leading Greek export companies. Turnover in 2013 reached 72,6 million euros with earnings before taxes at 6.5 million euros. The estimated turnover for 2014 is 78 million euros with the relevant expected earnings. The company has strong experi-ence in private label products, and, at the same time, has developed its main brand DELPHI. The company’s headquarters, warehouse and production facilities cover an area of approxi-mately 140,000m2. Its operations are divided into two divisions, the olive and fruit sectors, with production taking place at a total of four factories.In 1999, the company carried out a large investment in the field of olives, with modern instal-lations and state-of-the-art equipment. Through this investment, it succeeded in becoming a leading olive processing company in Greece, with the highest standards, subsequently gaining ever-increasing recognition in the international olive market. Intercomm is also a leader in ASEPTIC fruit, supplying peach and apricot to top clients all over the world and satisfying all quality requirements.The main product categories are:➤ Olives, olive pastes & antipasti ➤ aseptic peach & apricot fruit ➤ apricots and peaches in cans & jars ➤ compote, peach and apricot ➤ jams-syrupsIntercom Foods SA is a family-run business that began operating with high ambitions. These days, the firm does business in western Europe with some of the continent’s biggest retail groups, such as Carrefour, Aldi, Lidl, Kaufland and Tesco, providing private label products. The firm also enjoys a strong market presence with its brand-name products in the Balkans and Eastern Europe. Marketing its products under the Delphi brand name, the firm exports to Russia, the Former Yugoslav Republic of Macedonia (FYROM), Bulgaria, Romania, Ukraine and Scandinavian countries. Though the firm’s entry and survival in the Russian market proved dif-ficult in the mid-1990s, it has managed to bolster its standing through a company of its own, which, besides marketing its own products, including olives, also offers other products, includ-ing olive oil and cheese products. Furthermore, besides west and east Europe, the firm also exports its products to the USA, Can-ada, Australia, Iran, Mexico, Russia, China and countries of the Middle East. Its exports cover 98% of production. As noted by Mr. Tsagoulis, the company’s founder and president, markets in western Europe have a preference for the olive variety hailing from the Halkidiki region in northern Greece, while the Kalamata olive variety from southern Greece has proven to be a major hit in the UK. In 2013, the company began a 9-million euro investment at its Larissa facilities, whose comple-tion is expected within the current year. According to Infobank Hellas, Intercomm Foods SA ranked among the country’s fifteen fastest growing companies between 2009 and 2013.

FOOD PRODUCTS

Stergios Tsagkoulis

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M. J. Maillis group

Vertically integrated and responsible powerhouse

Maillis, founded in 1968, has evolved from a privately-owned steel strapping producer into a multinational industrial corporation through its corporate strategies of superior value, vertical-ly-integrated production, organic growth and acquisitive expansion. The M. J. Maillis group manufactures and distributes complete secondary packaging systems, machines and packaging materials in strapping, wrapping and case handling, including strap-ping tools. The corporate group is headquartered in Athens and operates in 18 countries throughout Europe, North America and Asia, employing a workforce of 1,500 persons and serving over 15,000 customers. The corporate group owns 7 manufacturing plants and 18 subsidiary firms. Furthermore, it has a commercial presence in over 80 countries around the world. The M.J. Maillis Group is repre-sented by a network of 28 company-owned affiliated enterprises and more than 350 indepen-dent distributors.M.J. Maillis Group is constantly at the forefront of technological developments in the machin-ery and methods used to secure and protect items of all kinds and loads of all sizes – with ease of operation and low costs firmly in mind. Besides its products, the company also offers a wide variety of services, such as Field Service, Spare Parts, Technical Documentation, Customizations, Retrofits, maintenance agreements and Packaging Audits. M.J. Maillis enforces environmentally responsible action as an essential part of its sustain-able business growth plan. Recognizing the impact of its operations on the environment, the company implements environmental management systems (EMS) compliant with ISO 14001 standards to control and reduce the negative environmental impact of its operations through pollution prevention, legal compliance and continual improvement.

Contact Details7 Kavalieratou Taki, Kifissia, 145 64, Athens, GreeceTel.: +30 210 6285000Fax: +30 210 8080301 / 6285296Email: [email protected] Website: www.maillis.com

METALLIC PRODUCTS & CONSTRUCTIONS

Industrial

P. PAVLIDES SA

Consistent profit performance

The company was established in 1992 by Mr Prodromos Pavlides in Giannitsa, about 50km west of Thessaloniki. His company’s main products are canned fruits and aseptic puree. In 2005, a new operation was established at a 50-acre plant for the production of aseptic fruit puree. In 2007, more than 10 million euros were invested to completely renovate the factory. Since then, the company has invested annual amounts of over 1.5 million euros on new ma-chines to improve product quality as well as the efficiency of production lines. The facility is nowadays considered as being one of the most modern and well-equipped food processing factories in Europe, producing quality, safe, consistent and reliable products. The factory is certified with HACCP, BRC and IFS standards, all higher level. It has also been au-dited and approved by major buyers around the world.The company maintains a production capacity of more than 2 million basic cartons (24 x 1kg equivalent), approximately 15% of the total processed in Greece, and a total covered produc-tion and warehouse space of 200,000 square meters, which place P. PAVLIDES SA among the leading canners in Greece. The company is a member of Pavlides Group. The group consists of five different companies: P. PAVLIDES SA (Canned Fruits- Aseptic fruit puree), PAVLIDES COT-TON GIN SA (Cotton ginning, exports of ginned cotton & cottonseeds), DOMIKI- PAVLIDES SA (Production of Lime, Hydrated Lime, Aggregates and ready mix Concrete), PLAGIARI- PAVLIDES SA (Limestone Aggregates) and SOLID FUELS SA. (Trading and Processing of Solid Fuels). The company posted a decline in results in 2013. Sales dropped by 8.78%, from 81 million eu-ros in 2012 to 74 million euros in 2013. Net profit fell further, by 55.39%, from 9.1 million euros in 2012 to 4 million euros in 2013. The company’s profit maintenance, despite these declines, was a positive development.

Contact Details2nd km Giannitsa- Edessa, 58100, GreeceTel: +30-23820-83590Fax: +30-23820-22065Email: [email protected]: http://www.pavlides-group.gr

FOOD PRODUCTS

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Contact DetailsKilkis Industrial Zone, PO Box 25, Kilkis, 61 100, Greece Tel: +30 23410 38 100 Fax: +30 23410 38 200 E-mail: [email protected]: www.kleemann.gr

KLEEMANN

Exporting elevators to over 90 countries

KLEEMANN is a Greek multinational company active in the fields of manufacturing and trad-ing of Complete Lift Systems. Founded in 1983, with the support and expertise of the German KLEEMANN HUBTECHNIK GmbH, and headquartered in Kilkis, northern Greece, the company has subsidiaries and sales offices in 10 geographical regions, covering more than 90 countries around the world. KLEEMANN ranks among the largest companies in the global elevator mar-ket with production facilities in Greece, China and Serbia. It manufactures more than 10,500 new elevators systems every year, equivalent to 2% of all new elevators worldwide. It holds the leading position in the Greek market, having undertaken about 72% of installed units.Group sales worldwide (80% of total sales) are generated in over 90 countries, the main mar-kets being the UK, Germany, Ireland, Belgium, Netherlands, Russia, New Zealand, Romania, Turkey and Cyprus. Most recently, the company began operating two new production plants in China and Serbia, enhancing the group’s production capacity. These two new plants produce lift components and complement the main production facilities in Greece. For the Kleemann Group, the creation of a production base in China is not specific to the Chinese market, but mostly associated with the development of sales in the regions of Indochina and Southeast Minor. The group has already conducted market research in Thailand, Singapore, Indonesia and the Philippines.Turkey is a strong market for Kleemann. Subsidiary sales for the nine-month period in showed an increase of 12%, year-on-year, while a 40% increase in net profit was registered. Russia, the UK, Ireland and the Middle East are also performing strongly for the company. It is currently examining new market entries into countries such as Australia. A plan for Japan has been post-poned for later. As part of its production of Complete Lift Systems, the company produces sub-systems such as hydraulic lifting mechanisms, pistons, power units, component suspension (chassis), mechani-cal lifting devices, engines, chassis, counterweights, chambers, electronic KLEEMANN tables, KLEFER doors, hoisting lifts, as well as compact and residential pre-fabricated MaisonLIFT lifts. Other items include automatic doors elevators KLEFER, electric engines, guides, ropes, cables, deposits, buttonholes and special KLEEMANN hydraulic oil. The company posted a 3% increase in total turnover in 2013, to 75.8 million euros from 73.7 million euros in 2012. Net pretax profit skyrocketed a remarkable 8,600%, to 3.2 million euros in 2013 from 37,000 euros in the previous year.

MECHANICAL EQUIPMENT

Konstantinos Koukountzos

Industrial

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Contact Details78 km National Road Athens-Corinth P.O.Box 207 GR-20100 CorinthTel: +30 27410 41200 Fax: +30 27410 25265Website: http://www.landisgyr.gr

Landis+Gyr

Pioneering force over 118 years

Landis+Gyr has been designing and manufacturing high-quality, state-of-the-art electric-ity meters since 1896. Based in Zug, Switzerland, the company has access to a highly skilled workforce and distribution system throughout Europe with subsidiaries in Berlin, London, and Vienna. In 1924, the company expanded globally with the establishment its first overseas offices in New York and Melbourne (Australia). Growth continued and a significant step was taken in 1976 when Landis+Gyr acquired meter producer Duncan Electric of Lafayette, Indiana. The year 1981 saw the advent of electronic meters and Landis+Gyr was there at the forefront, developing and launching its first range of digital meters for the industrial and commercial sectors. The company continued its global growth and expansion throughout the late 1990s, propelled by various investors and owners, including Electrowatt, KKR and Siemens. In 2004, Bayard Capital of Australia purchased the company with a vision of building the premier en-ergy management company in the world, one that would combine positive environmental outcomes with Landis+Gyr’s metrology expertise and culture. Under Bayard’s ownership, Landis+Gyr made 14 different investments in the sector, deploying over $1.2 billion in capital to expand beyond being a pure metering company and enter the field of networking and communications space. Landis+Gyr offers an extensive portfolio of ad-vanced metering and intelligent energy management products designed to answer the needs of utilities around the globe. Its categories are divided into gas, electricity, heating and cooling meters, as well as communications units, dynamic load management and software services with custom solutions. The company’s Greek division posted significant sales and net profit increases in 2013. Sales increased by 26.39%, from 51.5 million euros in 2012 to 65 million euros in 2013. The net profit increase was even greater, skyrocketing from 278,000 euros in 2012 to 1.2 million euros in 2013, a 352% increase.


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Contact details23Α Vas. Sofias (2 N. Vamva)10674 AthensΤel: +30 214 6870000Fax: +30 214 6870095Website: http://www.hellas-gold.com

Hellas Gold: The biggest productive investment in Greece Let’s talk about real economy!

The mining company Hellas Gold S.A. was set up in December 2003 to:● Operate and run mines ● Process and trade in ores● Set up and run a metallurgy plant.

Milestones:January 2004: Hellas Gold acquired mining rights at the Kassandra Mines.July 2011: The environmental terms and conditions in the Environmental Impact Statement (EIS) were approved by Joint Ministerial Decision.February 2012: Hellas Gold became a subsidiary of the Canadian company Eldorado Gold. April 2013: The Council of State approved the EIS.2015: USD 306 million invested in Hellas Gold projects.

Hellas Gold’s investment in Halkidiki The investment is in full swing and involves parallel exploitation of the Skouries, Olympias and Stratoni deposits. At present, the tailings from previous mining activities in the mining zone at Olympias are being cleaned up and treated to generate two merchantable products. At the same time the

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mine is also being modernised and developed so that underground extraction can commence soon.At Skouries, access works are being built and the underground mine developed, an ore treatment plant is being constructed as are all ancillary facilities on the sur-face.At Stratoni, the Mavres Petres deposit is still being worked.

When the entire investment has been made:The Hellas Gold mining centre will be developed in the Madem Lakkos area includ-ing a new flotation plant to process ores from Olympias and Mavres Petres. There will also be a copper, gold and silver metal works which will be operational from 2020 onwards. The existing flotation plants are also being replaced and the coastal zone freed up for other uses.

Hellas Gold’s environmental policy Hellas Gold’s environmental policy is based on a series of fundamental principles and values that govern the entire project, from the planning phase right through to the implementation of projects and beyond to rehabilitation. In practical terms, this policy entails adopting the principle of parallel rehabilitation which is already occurring in tandem with construction works at Skouries, and the principle of occupying the least possible surface area identified during the plan-ning and subsequent development of the Skouries project. Key aspects of our environmental sensitivity are that the entire surface area at Olympias is being cleared and cleaned of all tailings from previous mining activi-ties, and that we monitor our environmental performance and publish all measure-ments online.

Corporate Social Responsibility:Hellas Gold’s approach to Corporate Social Responsibility, which is clearly reflected in its 1st Corporate Responsibility Report for 2013 which received an award from the Federation of Industries of Northern Greece, has clear implications for the na-tional and local economy and the environment. In practical terms, it is reflected in the growth one can see in Northern Greece thanks to the 1,900 jobs that have been created, the relative increase in ready cash and the 800% improvement in the local economy over recent years, and the better quality of life for residents thanks to specific infrastructure projects and support for social actions and structures. At national level, this can be seen in the overall investments made which have exceeded USD 1 billion (with more than USD 336.5 million having been invested in 2 ½ years), in Greece’s exports which are up by USD 1 billion a year, and in direct tax revenues (in the form of USD 1.79 billion in taxes and social security contributions).

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Contact details26 Amarousiou-Halandriou, 15125, Marousi, AthensTel.: +30 2106173000Fax: +30 210 6197081Email: [email protected] http://www.sarantisgroup.com

SARANTIS S.A.

Pioneer in Greece’s beauty sector now a Greek multinational company

Sarantis Group has been active for over 80 years as one of the leading companies in the pro-duction and marketing of consumer products. A pioneering firm in Greece that shaped the country’s beauty sector, Sarantis was founded in 1930 in Istanbul by Gregory Sarantis. It is nowadays based in Athens. The corporate group op-erates in the sectors of cosmetics and perfumes, personal care products and skin care, house-hold products and health & care products.It enjoys a strong European presence through subsidiary firms in nine European countries, Poland, Romania, Bulgaria, Serbia, Czech Republic, Hungary, the Former Yugoslav Republic of Macedonia, (Fyrom), Bosnia and Portuga), and is export-oriented with products sold to over 35 countries in Europe, the Balkans, the Middle East and north Africa.The company’s power is highlighted by notable partnerships, including a joint venture with Estee Lauder Hellas for the distribution of Estee Lauder products in Greece, Romania and Bul-garia.Sarantis maintains its leading position by creating new products and continuously renewing established products, while also establishing new exclusive licensing agreements for interna-tional brands. Fragrances & cosmetics and household products stand as the two main pillars of development for the group, representing 90% of total sales. Most of these categories include privately made items, produced at the company’s two main production facilities in Greece and Poland.The Sarantis Group has a portfolio of over 80 brands, including very well know brands such as Bioten, Carroten, Kolastyna, Orzene, STR8, BU, C-Thru and Prosar. In addition, through exclusive distribution agreements, the group represents a significant number of designer brands with in-ternationally recognizable products such as Johnson & Johnson, Adidas, Playboy, Coppertone and Denim.In the category of health and care, the group produces and represents leading brands in the field of vitamins, nutritional supplements, diagnostic and cosmetic pharmacy, among them are Solene and Lanes. Finally, the category of selective distribution cosmetics adds well-known international brands to the group’s product portfolio, including La Prairie, Prada, Nina Ricci, Cartier, Carolina Herrera and Trussardi.The company’s strategy is continuing to generate positive results. In the first half of 2014, sales increased by 4.34% compared to the equivalent period a year earlier, reaching 120.79 million euros. Export sales increased by 6.25, representing 60% of the group’s total sales, to represent a key aspect in the corporate group’s growth. In Greece, sales rose by 1.58%, despite a weak start to the year. Net profit reached 5.05 million euros from 6.32 million euros, while the net profit margin stood at 4.18% from 5.46% a year earlier.

COSMETICS

Industrial

Nikos Evangelou

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Contact details5th km Trikala – Pyli, 42100Trikala Thessaly, Greece Tel: +30 24310 61222Fax: +30 24310 61590Email: [email protected] Website: www.tyras.gr

TYRAS

Major player in the dairy products market

TYRAS, a limited liability company engaged in the production and distribution of milk and dairy products and juices, was founded in the mid-‘80s and is headquartered in Trikala, mid-northern Greece. Since its launch, the company has pioneered the industry, offering high quality choices, its main product groups being Cheese - Butter (white and yellow cheese, whey cheese, hard cheese, butter); Milk (Fresh milk, high-temperature pasteurized milk), (ESL), long-life milk (UHT), chocolate milk, sour milk; Juices (fresh juices); and Yogurt Desserts-yogurt (yo-gurt, yogurt products)The enterprise operates an ultramodern production plant on company-owned land measuring 151,000 square meters. The production facility covers 37,000 square meters of floor space. From its inception, the company has continuously expanded by investing in new facilities and through subsidiaries, either established by the company or through majority share acquisi-tions in existing operations, gradually leading to a group of companies. The company was established in 1985 as “AFI STERGIOU SARANTI OE ‘ in 1985 and began its production activities the following year. In 1992, it converted to SA legal status, and seven years later, acquired a stake in TYROM SA before going on to acquire a majority share in 2000. It then acquired a majority stake in Dairy Larissa SA “Olympus” in 2000 and founded TYRBUL SA in Bulgaria in 2003. In 2005, it founded LACTOLYMP SA, which was renamed SC OLYMPUS DAIRY INDUSTRY SA the following year and is now known as SC FABRICA DE LAPTE BRASOV SA. In October, 2009, a merger took place through the absorption of TYROM SA. The company name SC OLYMPUS DAIRY INDUSTRY SA was maintained. In 2005, it acquired all other shares in Dairy Larissa SA “Olympus” and also acquired Dairy Xanthi SA “Rodopi” in 2008. By the end of 2009, the company established a new subsidiary in the USA, Olympus Dairy USA Corp. It also founded OLYMPUS ITALIA Srl in Milan, Italy. The company’s rapid development has led to export activity of a wide range of dairy products to many foreign countries, including Germany, Austria, Sweden, Poland, Denmark, Lithuania, Czech Republic, Slovakia, Hungary, Slovenia , Malta, Finland, Belgium, Italy, France, the UK, Spain, Ireland, the Netherlands, Switzerland, Albania, the Former Yugoslav Republic of Macedo-nia (Fyrom), Serbia, Russia, Ukraine, Israel, the USA, Australia, Singapore, India, China, Bulgaria, Romania, and Cyprus. In 2013, the group’s total turnover reached 244,487,272 euros, up from 168,595,537 a year ear-lier. Sales abroad amounted to 58,038,534 euros, down from 102,280,322 euros in 2012.

FOOD PRODUCTS

Dimitrios Sarantis

Industrial

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Contact details99C Lavriou Avenue190 02 Paiania, Attica, GreeceTel: +30 210 664 0963-7FAX: +30 210 664 1128 Ε-mail: [email protected] Website: http://www.andromedagroup.eu/

ANDROMEDA SA

One of the sector’s fastest growing companies

Andromeda Group is the fastest growing group of companies in the Mediterranean aquaculture industry, with activity across Europe and worldwide export power as well.Achieving dynamic growth since its foundation until today, with the support of “Global Finance”, an independent investment firm, and the guidance of a highly experienced management team, An-dromeda is developing into a dynamic group of companies aimed at establishing itself as the leader in Mediterranean aquaculture.The main attribute of Andromeda Group is the high quality and true freshness of its products; com-bined with a sophisticated distribution network that facilitates delivery of its products throughout Europe within only 48 hours from harvesting.All subsidiaries are strategically positioned in order to execute the strategy: to offer all their custom-ers the freshest possible Mediterranean fish.Andromeda Group Headquarters are located in Athens, from where the company manages its com-mercial expansion and monitor international operations.ANDROMEDA SA maintains offices in Patras and production facilities along the coast of western Greece for producing, trading and distributing both juveniles and fresh fish. Most of Andromeda SA farming units are positioned close to Italy, enabling the company to service the Italian market in less than 24 hours. Andromeda ranks among the leading companies of the aquaculture sector in Greece. ACUICOLA MARINA is a production company of Andromeda Group located in Spain, ac-quired by Andromeda in May, 2008. Its facilities are located 4 miles from Burriana’s coast (Valencia region), facilitating fast transportation to the company processing and packaging station.FRESCAMAR is the commercial arm of Andromeda Group in Spain. Its facilities, which also include a state-of-the-art processing unit with a wide range of added value products, are located in Burriana (Valencia region), close to the neighboring markets of Portugal and France.NIORDSEAS was acquired in July, 2009. It ranks among the leading companies of the Spanish aquaculture sector with presence in the production and trading of juveniles and fresh fish. With production facilities in the region of Alicante, Murcia and Barcelona, it services not only the Spanish market but also important export markets such as France and central Europe. Niordseas possesses advanced know-how in producing meagre (corvina), a new promising species.PISCIMAR, the most recent member of the group, was acquired in January, 2010. Based in Burriana, it is the largest hatchery and nursery company in Spain with dedicated facilities to the breeding and pre-fattening of gilthead sea bream, sea bass and other Mediterranean species. Its modern facilities, which implement the most advanced production techniques, have an annual production capacity of 20 million juveniles of 10 gram size. Moreover, the company owns a private property of 28 acres, which can be used for the expansion of its production capacity.ANDROMEDA MARINE is located in the region of Agioi Saranda, a few miles away from the compa-ny’s farming units in western Greece. The production facility in this region offers the enterprise the potential for significant organic growth given the proximity of the region to the developing markets of the Adriatic coast line.

FOOD PRODUCTS

Industrial

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Contact details63 Agiou Dimitriou, Alimos, 174 56, AthensTel.: +30 210 9898500Fax: +30 210 9888800Email: [email protected]: http://www.famar.gr

Famar

Strategic moves bolster international standing

Famar is arguably the Greek manufacturing pharmaceutical company that effectively applies the saying “strength in unity” to greater degree than any other rival firm. For decades, Famar has collaborated with some 150 different international pharmaceutical companies, offering its products in four continents.The main activity at Famar, a member of the Marinopoulos group, is to produce products for third parties, especially multinational companies, for which the company produces over 770 million units, or about 5,500 different product codes that are distributed in over 120 countries. Famar was founded in 1949 and maintains facilities in five European countries. In Greece, the company facility is located in Alimos, southern Athens, while production activity takes place at its modern facilities in Avlona, 50 kilometers north of central Athens. The company’s turnover in 2014 is estimated to reach 455 million euro, while its workforce throughout Europe exceeds 3,200 employees. Through a series of strategic moves made in the ‘90s, Famar climbed to leading positions in the Greek market. In 1990, the company acquired a factory from Ciba-Geigy in Anthoussa, north-eastern Athens. Three years later, Famar acquired a Pfizer plant Avlona. It also incorporated the business unit of Sandoz and, in 1999, acquired a unit from Roche in Bladel, the Netherlands. In 2000, Famar bought a SmithKline Beecham production facility in Italy. In 2001, the company entered the French market, where it acquired a Novartis production unit for solid and liquid pharmaceutical forms, as well as an Aventis Pharma unit for solid pharmaceutical products. The following year, Famar acquired the Sephora distribution center in Boigny. In 2004, Famar acquired an additional plant in France, a production unit for solid and liquid pharmaceutical forms, from Aventis. In 2007, it acquired an industrial plant for sublimated and cytostatic medicines from Abbott. Two years later, Famar bought a factory for production of liquid and semi-solid pharmaceutical forms from of Johnson & Johnson. In 2011, Famar also stepped into Spain by purchasing a factory from Sanofi in Madrid.Famar exports 70% of its production. Backed by eleven production facilities, four of these in Greece and seven abroad, in France, Italy, the Netherlands and Spain, and a distribution center in Thebes, northwest of Athens, Famar is one of the largest independent producers for drug companies in Europe and internationally. In 2013, Famar’s parent company posted a total turn-over figure of 131.5 million euros, from 120.8 million euros in 2012. Profit slipped to 6.8 million euros in 2013 from 7.7 million euros in the previous year.

PHARMACEUTICALS

Industrial

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SOYA HELLAS

Total revenues of 304.92 million euro

Soya Hellas SA is one of the biggest Greek industries in the field of food and agricultural raw materials. The firm is active mostly in the processing and industrialization of seed oil, refine-ment, and standardization of seed oils and olive oil, production and packaging of margarine and vegetable fats, production of lecithin, as well as management, storage and trade of oats. At present, Soya Hellas employs nearly 300 persons, primarily at the firm’s large industrial plant located in Evia, Greece’s second largest island slightly northeast of Athens. The company also operates facilities in Thessaloniki’s industrial zone of Sindos, and Larissa, mid-central Greece, where horizontal storage and freezer facilities are maintained. The firm also maintains facilities in Xanthi’s Genissea and Evlalos districts, in northern Greece. At another storage facility in Preveza’s Thesprotiko region, western Greece, the firm maintains storage facilities for storing grains, soy-bean meal, sunflower meal, bulk alfalfa pellets and various bagged agricultural products, silos, bagging facilities, stainless steel oil tanks and freezer. The firm also runs a facility in the industrial zone of Heraklion, Crete, its main activity being the accumulation, storage, and supply of Cretan olive oil. The company’s focus on product quality is fundamental to its overall policy. It carries out regular quality inspections, based on quality standards, at its two laboratories in Euboia and Heraklion, Crete, both of which are equipped with state-of-the-art chemical analysis procedures. The firm maintains the required quality protection procedures throughout all production and storage stages, based on internationally recognized standards and Greek and European law. The firm’s 36th balance sheet covering the period 1-1-2013 to 31-12-2013 presented revenues of 304.92 million euros from 263.70 million euros in the previous period, a 15.6% rise. Soya Hellas posted a pretax profit of 13.33 million euros for the 2012-2013 fiscal year, up from 10.11 million year euros in the previous year, a 31.8% increase.

COSMOS ALUMINIUM

Advanced production facility the company’s strength

Aluminium producer COSMOS ALUMINIUM operates an extrusion plant that ranks as the sector’s most advanced in Greece, possibly Europe as well. The facility’s technologically advanced equip-ment enables the company to produce industrial aluminum profiles, both standard and tailor-made. COSMOS ALUMINIUM offers high quality products that exceed the current requirements of the global aluminum market. The company facility occupies a total area of 18,500 square me-ters, including production and office space. The company began producing in mid-2008, when it launched a fully automated production line. The company’s sales are all exported to the EU, Middle East, and the USA. In 2013, the company posted an increase in total turnover to 48.6 million euros from 43.4 million euros in 2012. However, the enterprise remained in the red, incurring a loss of 1.4 million euros, down from 2.3 million euros in the previous year.

Contact details46-48, Voukourestiou str. 106 73 Athens, GreeceTel.: +30 210 36 64 200 Fax: +30 210 36 44 765E-mail: [email protected]: http://www.soyahellas.gr

Contact details8th km National Road Larissa-Athens, Nikea Intersection Larissa, GreecePO Box. 1379, Zip Code 41110Tel: +30 2410 567567 Fax: +30 2410 567510Email: [email protected] Website: http://www.cosmosaluminium.gr/

FOOD PRODUCTS

ALUMINUM

Industrial

Industrial

Atlas Tapes Group constituted by Atlas Tapes SA (parent Company) and P. Lantzis SA( affiliate Company) , is considering as a vertical manufacturer of self - adhesive tapes, Greek market leader and ranking among the top European vertical producers, exporting well over 85% of its production. The original company was founded in Athens, by Christopher Lantzis and his sons in 1953. In 1977 production moved to Atalanti where it still remains today. Over the years various investments in production led to the addition of new coating technologies and currently the company manufactures a comprehensive range of tapes, which includes:• Packaging tapes: PVC, BOPP coated with solvent, acrylic and hot melt adhesive• Masking tapes: Acrylic, solvent and hot melt • Stationery tapes: Cellulose and BOPP as well as • Specialty products.

Takis Lantzis and son Jason (3rd generation) with the support of new investors are on the helm of Atlas Tapes since 2008. During the same period, a five year investment program was decided which led to the increase of total covered area of plants to 25,000sqm, on 135,000sqm plot. New offices were constructed to accommodate the continuously increasing needs of human resources, fully automated slitting department was created and state of the art laboratory, operating under ISO 9001 and 14001, was completely renovated. In 2014 Atlas Tapes celebrated it’s 30 years anniversary for masking production by installing, a new paper impregnation line (total of two) and a dedicated masking solvent natural rubber coater along with another two lathe slitters (total of three). In May 2015 a solvent based 2000mm wide Guzzetti coater will be added (total of five).Atlas Tapes production today operates with:• Nine coating lines: two acrylic water based five solvent natural rubber and two hot melt

synthetic rubber.• Two masking paper impregnation lines.• Fifteen fully automatic and robotic slitter-rewinders and numerous semi automatic, as

well as three fully automatic lathe (torno) slitters.

Continuous developments and upgrading of the plant facilities highlights the company’s dynamic for technologically advanced production and high quality standards. In 2014 there was a significant increase in exports and the turnover has exceeded 65 million Euros.All of the above described investments with the combination of the steep increase of the sales, the recent years , have lead to an increase on personnel from 195 ( 2010) to 260 (2014) with all these skilled employees constituting the heart and soul of the operation. Personnel numbers are expected to be increased as a result of the augmented capacity and sales as well as constant developments of the companies.

A L L A B O U T T A P E S

A T H E N S68 Varis Avenue16673 Voula, GreeceTel.: +30 210 8995388

A TA L A N T I3rd km Skala Atalanti Road35200 Atalanti, GreeceTel.: +30 22330 23725

[email protected]

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Contact details“A” Street - Industrial Area, 71601 Herak-lion-Crete, GreeceTel: +30 2810-382900Fax: +30 2810-381400Email: [email protected] Website: http://www.karatzis.gr

KARATZIS S.A.

A global force in netting solutions

The KARATZIS Group has been active in the manufacturing of netting materials for more than three decades. Starting with a small plant in Crete, KARATZIS has evolved into an international leader with an active commercial presence in more than 50 countries and state- of- the-art production facilities in Greece and Germany. The Group’s wide product range comprises of netting solutions that serve the needs of agriculture, horticulture, packaging, meat & ham processing, construction and decoration. With a total production capacity that exceeds 29.000 tons, the Group’s factories manufacture a variety of products, from bale net-wrap, silage net and polyethylene bags, to shading nets, road fences and Christmas tree netting. The key competitive advantage of the Group lies in the innovative character of its products, which are characterized not only by top quality standards but also a high added value that makes them irreplaceable for final users. At the same time, the key pillar of KARATZIS’s success-ful business operations lies in the solid production base, which comprises of 5 manufacturing units in Greece and 2 in Germany, with a total factory space that exceeds 45.000 square meters. The Karatzis group also owns facilities and investments in energy sector and, in 2013, launched six photovoltaic power stations with a total capacity of 0.6 MW on the Ionian island of Cepha-lonia, western Greece. The company is active in the hotel & tourism sectors. It also trades in the commercial sector. Karatzis owns two companies, one in Spain and one in the UK. Specifically, Croppy Solutions is a company dedicated exclusively to Agricultural Pack-aging. The company primarily promotes KARATZIS S.A. products as well as other agriculture and packaging products in the Spanish market. Its central offices are located in the city of Val-ladolid, Spain. Also, Zeus Packaging Agri Ltd is a commercial company active in the promotion of Agricultural Packaging in the United Kingdom. The company distributes mainly agricultural packing solutions made available by KARATZIS S.A. as well as other agriculture and packaging products in the UK market. Its headquarters are located in Hertfordshire, UK. The company posted total revenue and pre-tax profit increases in 2013. Total sales rose by 8.6% from 51 million euros in 2012 to 56 million euros in 2013. Pre-tax profit increased further, by 53%, from 5.1 million euros in 2012 to 7.9 million euros in 2013.

PACKAGING

Industrial

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Contact details21st km Markopoulou Ave, Koropi, 19400, Athens, Greece, Tel.: +30 210-6678000Fax: +30 210-6678001Website: www.intracomdefense.com

INTRACOM SA DEFENSE ELECTRONIC SYSTEMS

Advanced technology combined with innovation

INTRACOM SA DEFENSE ELECTRONIC SYSTEMS was founded in Greece and operates mainly in the design, development and manufacturing of defense electronic products, systems and applications and the provision of technical support services and maintenance. The company operates in Greece as well as abroad. INTRACOM SA DEFENSE ELECTRONIC SYSTEMS (INTRACOM Defense Electronics) was formed from the former INTRACOM SA HELLENIC TELECOMMUNICATIONS & ELECTRONICS INDUSTRY (INTRACOM), established in 1977. In December, 2005, INTRACOM was transformed into a hold-ing company by establishing three new subsidiaries: INTRACOM TELECOM (telecommunica-tions solutions), INTRACOM Defense Electronics (defense communications and electronic systems) and INTRACOM International (IT Solutions to governments, public organizations and private enterprises).The company markets the following products: Wideband Radios, Intercommunications sys-tems, Satellite communications Cryptographic Devices, Terminals & Radio Accessories, Hybrid Power Systems and RF Subsystems. All the above products offer customers Tactical Communi-cations (Land, Naval and Integrated Solutions), Data Links & Telemetries, Data Security, Home-land Security, Hybrid power Systems, and a wide variety of services such as engineering and subsystems design. INTRACOM Defense Electronics (IDE) has a long and successful history in Industrial Coopera-tion Programs for the international defense sector marketplace, whether supplying advanced equipment, providing professional services or delivering complex turn-key projects to leading Defense Industry Groups, Organizations and National Armed forces. IDE has cooperated in many notable military programs. These include: Cooperation with the US company NORTHROP GRUMMAN, in the production of electronic sys-tems of Radar APG-68 (V)9 for Hellenic Air Force F-16 Block 52+ Aircraft. Cooperation with RAYTHEON for the co-production of the naval close-in-weapon system. PHA-LANX has undertaken the production and testing of electronic units, which have been manu-factured by INTRACOM Defense Electronics for a number of years.Cooperation with US company NORTHROP GRUMMAN, in the GATS (Generic Automatic Test Station) upgrade program, which is being used by the Hellenic Air force - AN/APG-68(V)9 Ra-dars and F-16 (Block 52+) Aircraft. The company participates in the upgrade of the system and, following its completion, will provide support services at Air force facilities as well as training of the personnel using the upgraded system.INTRACOM Defense Electronics’ Integrated Management System, implemented throughout the company, assures faithful adherence to the above principles and compliance with ISO 9001:2008, ISO 14001:2004, ISO 27001:2005, OHSAS 18001:2007 and SA 8000:2008 require-ments. The system complies with relevant national and European legislation and respects in-ternational regulations concerning environmental, social, health and safety issues.

ELECTRONIC DEFENSE SYSTEMS

Georgios Troulinos

Industrial

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Contact details32 Kifissias Avenue, Atrina Center, 15125 Marousi, GreeceTel: + 302108174200 Fax: + 302108174299Email: [email protected] Website: http://www.energean.com

Energean Oil & Gas

Domestic force in oil exploration and exploitation

Energean Oil & Gas is a private exploration and production company focused on the Mediter-ranean and African regions with a successful track record of over thirty years as an offshore operator. A full-cycle exploration and production company with assets in Greece, Egypt and Israel and material 2P (proven and probable) reserves of 30 mmboe (million barrels of oil equivalents) (98% oil) and 1P (proven reserves) of 16 mmboe (99% oil), which have supported an almost fivefold production increase of 1,740 bblpd. Strong 2C (best estimate of contingent resources) of 28 mmboe provide the basis for future organic growth. The company has high-netback reserves, with established infrastructure and in close proximity to premium markets, which currently delivers annual EBITDA of 25 million dollars. Cash-flow visibility is supported by a six-year off-take agreement with BP. The company has committed shareholders including Third Point, and private Greek Ship owners and management. Energean Oil & Gas has built a strong and experienced workforce of 300 professionals, cover-ing all disciplines of oil and gas operations, and is organized through six divisions: Exploration, Technical Department, Finance, HR & Admin, Corporate Communications & Media Relations, Operations and Stuff in Egypt. The company conducts operations, mainly as operator, at three different sites in Greece. More specifically, it operates the Prinos oil field, the main structure in the Prinos-Kavala basin, lo-cated offshore, in the Gulf of Kavala. It covers an area of 4 km2, about 8 km north-west of the island of Thassos and 18 km south of the mainland of northern Greece, with current produc-tion of 1.52 kbblpd. The company also operates another oil field in north Prinos, located ap-proximately 5 km north of the Prinos oil field and about 18 km south-west of the mainland of northern Greece. Its current production is 0.22 kbblpd. The company’s operations in northern Greece include a third site, the Epsilon oil field, which is a satellite field that lies within the Prinos – Kavala basin and is currently under development. It is located approximately 4.5 km west-northwest of the Prinos oil field, and covers an area of about 2.5 km2. The company is also active in Ioannina, northwestern Greece, with an exploration site, and Katakolo, also under development. Other company projects are located in Egypt, Montenegro and Israel. Energean Oil & Gas has established major strategic partnerships with leading companies. Energy giants such as BP, Schlumberger, Ocean Rig, Grant Thornton, ERC Equipose, and DNV consider Ener-gean as being a reliable, innovative and dynamic partner whose efforts reflect Greece’s effort to rebound from its deep recession, now into its seventh year. The company’s total turnover fell slightly, by 5.26% year-on-year, to 48.4 million euros in 2013. Its net profit figure fell more considerably, to 6.7 million euros in 2013 from 13.5 million euros in 2012.

PETROLEUM

Industrial

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Contact details9th km National Road Kavalas – Dramas, Amygaleonas, 64012, Kavala, GreecePO Box 1274, 65110Tel: +30 2510 391 341Fax: +30 2510 391 293Email: [email protected]: http://www.missirian.gr

MISSIRIAN S.A.

Close to two centuries of experience in the tobacco business

The company’s history dates back to the mid-1800s when two siblings, Armen and Michael Mis-sirian, began started importing tobaccos to Antwerp from the Black Sea area. The Missirian com-pany later established a sales office in Brussels, in 1902, for trade of classical oriental tobaccos. In the ensuing years, the company began processing tobacco at company facilities in Plovdiv, Bulgaria, in 1905, and in Kavala, northern Greece, in 1922. Following the Second World War, the company suffered a major setback when its Plovdiv plant in Bulgaria was nationalized by the country’s regime. Even so, the company sales office in Brussels remained to supply tobacco to European manufacturers while, over the years, it strengthened its position in the Greek market. In 1996, the company built a new Greek factory in Kavala, which was fully renovated in 2005. In 1998, the enterprise formed its Masis Tobacco Company in Armenia. In 2004, it established a new processing plant in Stambolovo, Bulgaria.The company employs 45 full-time employees and over 600 seasonal workers at its factory in Zygos, close to Kavala. The factory occupies a total area of 12 acres, while the total storage area measures 25 acres with a storage capacity of 15,000 tons. Three feeding lines equipped with a DCC system, whose capacity is 6 tons per hour, and a Soft Dryer with a capacity of 8 tons per hour, can pack up to 10 tons per hour either in cases or in traditional bales. NTRM separators contribute to a cleaner final product.The factory in Bulgaria is located in Stambolovo, near the city of Haskovo. A team of 85 full-time employees and over 300 seasonal workers work this facility, equipped with three feeding lines that can operate either independently or together, packing up to 50 tons per day in traditional bales.Missirian’s agronomic team works closely with farmers in the fields, from one crop to next. Most modern methods and techniques of cultivating oriental tobaccos are applied, ensuring the de-velopment of top-quality crops from the field to the consumer.The company posted impressive financial results in 2013. Total turnover increased by 100% to 48.5 million euros from 24.2 million euros in 2012. It managed to overturn pretax losses of 300,000 euros incurred in 2012 to a net pretax profit of 154,000 euros in 2013, a 150 percent year-on-year increase.

TOBACCO PROCESSING

Industrial

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Contact detailsMavrovouni Skidra, 585 00, GreeceTel. +30-23810-89438 | 89795Fax: +30-23810-81106Email: [email protected] Website: www.kronos.com.gr

KRONOS SA

Global power in canned fruit market

KRONOS is a canned fruit industry established in 1971, the leader in the Greek canning indus-try, the biggest in Europe and one of the top five worldwide. Having as a major priority the quality and the customer’s respect, our company has proved to be one of the main canned fruits producers and exporters worldwide . We are situated in the Central Greek Macedonia in the source of peaches, as well as very close to the Thessaloniki sea port and airport.The equipment used is modern and updated, securing large production capacity on a daily basis. Over 1000 tons of fresh fruits are processed daily. Total production reaches over 3500 containers of all canned fruits. This creates a turnover of € 54.000.000 per year.Having an educated qualified staff of 50 permanent and 900 seasonal people , we enjoy a very high reputation (among our) clients for more than 35 years, securing for all, good services and communication. Our canned products are well known for the aroma, flavor, texture and high quality. The prod-uct range includes : Peaches halves, slices and dices. Peeled Apricots. Fruit cocktail. Peach and Apricot puree concentrate and single strength.

QUALITY ASSURANCEWith respect to the customer, Kronos is certified by TUV CERT for an ISO 9001-2008, and HAC-CP, BRC higher level and IFS .

ENVIRONMENTAL CONSCIOUSWith great respect to the environment, Kronos put strong emphasis on this issue. Therefore full water treatment facilities are operated, with excellent results. In addition for the last 10 years we put a lot of efforts to receive organic peaches, cooperating with farmers, and their associa-tions, always in a close collaboration with the Institut of Trees in Naoussa Greece and Agrolab Laboratories Thessaloniki.

FOOD PRODUCTS

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Contact detailsThoriko, GR-19500 (P.O. Box 47) LavrionTel.: +30 22920 62200 Fax: +30 22920 25243 Website: www.dow.com

DOW HELLAS ΑΒΕΕ

Capturing value and delivering superior performance

Dow (NYSE:DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The company is driving innovations that extract value from the in-tersection of chemical, physical and biological sciences to help address many of the world’s most challenging problems such as the need for clean water, clean energy generation and conservation, and increasing agricultural productivity. Dow’s integrated, market-driven, industry-leading portfo-lio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high growth sectors such as packaging, electronics, water, coatings and agriculture. In 2013, Dow had annual sales of more than $57 billion and employed approximately 53,000 people world-wide. The company’s more than 6,000 products are manufactured at 201 sites in 36 countries across the globe. (References to “Dow” or the “Company” mean The Dow Chemical Company and its con-solidated subsidiaries unless otherwise expressly noted). Dow Hellas SA, a subsidiary of The Dow Chemical Company, was established in Greece in 1960 with the construction of the first European polystyrene manufacturing facility at seaside Lavrio, southeast of Athens. The company supplies customers in the region a variety of plastics raw materials, basic and specialty chemicals, coatings and innovative agricultural solutions. The operations in Greece include commercial offices, laboratories and manufacturing lines for the production of polystyrene, STYROFOAM™ blue extruded foamed polystyrene boards and XENERGY™, the new generation of thermal insulation. Plastic materials from Dow include polystyrene, polyethylene, LDPE, LLDPE and HDPE Injection resins that are sold to a variety of downstream industries.Dow’s diverse and integrated portfolio of businesses is built to capture value and deliver superior per-formance over the long term. By taking active steps to optimize the portfolio and respond to chang-ing market needs, Dow is better able to serve its customers needs in a diverse range of high-growth end-markets. Dow AgroSciences LLC, a wholly owned subsidiary of Dow, is a leading producer of crop protection products, seeds, healthy oils and plant biotechnology solutions, committed to supporting farmers to increase yields and feed a growing population. Coatings and Infrastructure Solutions cover a broad-based set of market needs, including coatings raw materials, water purification, construction chemicals, and insulation and weatherization products. Performance Plastics is leveraging its innova-tive materials and technologies to address customer needs in high-growth, specialized applications in packaging, elastomers, hygiene and medical, and electrical and telecommunications. The 2015 Sustainability Goals reflect Dow’s commitment to use science and technology to address social and environmental challenges and reduce the global footprint as the company profitably grows. From water purification technologies to healthier cooking oils, innovations play a vital role in addressing the evolving needs of the planet and society. In 1991, Dow Hellas was the first company in Greece to be certified for the quality of its products according to the international standard ISO-9000. In 2001, Dow Hellas introduced new thermal insulation technology which eliminated the use of ozone depleting agents during production. Since 2005, Dow Hellas has been certified for its environmental protection procedures as stipulated by the international standard EMAS ISO-14001.Total turnover at Dow Hellas increased by 8.5% in 2013 to 67.2 million euros from 61.9 million euros in 2012. Profit fell by 5.8% to 5.2 million euros in 2013 from 5.6 million euros in 2012.

CHEMICALS

Despina Anastasiou

Industrial

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Contact detailse-mail: [email protected] website: www.fitco.gr

Fitco S.A.

A leading Greek copper alloy producer with significant international presence

Fitco is a subsidiary of the Halcor Group, the copper processing and marketing sector of Vio-halco and a leader in the Greek copper alloy market. With experience spanning more than sixty years, the Company invests proactively in research and innovative technologies, aiming to stay ahead of the competition in terms of productivity, product innovation and quality.Fitco employs a certified Quality Management System in accordance with ISO 9001:2008 and its products conform to the main European and US quality standards (EN, DIN, BS, NF and ASTM). Committed to sustainable development and environmental protection, Fitco employs certified systems in accordance with the Environmental Management System (ISO 14001:2004) and the Occupational Health and Safety Management System (OHSAS 18001:2007).Fitco has significant international presence, exporting approximately 74% of its production, and provides exceptional support for its products, which are distributed to more than twenty six countries worldwide. The Company focuses on responding reliably and rapidly to changes in demand with the aim of achieving total customer satisfaction.

METAL PRODUCTS

Industrial

Fitco S.A. Year 2013 figures*

Key data Amounts in EUR thousand Revenue (turnover) 50,647 Sales outside Greece 37,757 EBITDA -382 Operating Results (EBIT) -1.290 Income (Losses) before Tax -2.399

Investments 250,7 Employees 78 Market presence in: 26 countries % Sales outside Greece 74.55%*Fitco S.A. financials are included in Halcor Group 2013 consolidated figures.

Fitco product range● Solid and perforated brass

bars (round, squared or hexagonal)

● Solid and perforated brass profiles

● Brass wire

● Brass tubes● Brass wire and mesh for

fish farm cages

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Contact details35 Ermou, Metamorfosi, 14452, AthensΤel: +30 2102892555 Fax: +30 2102828386Website: http://greece.fage.eu/

FAGE DAIRY PRODUCTS PROCESSING INDUSTRY SA

Dynamic presence in the US market

FAGE is a leading international dairy company with a focus on yogurt. The company has es-tablished a significant and growing presence in the US yogurt market, increasing international sales beyond the US market, and is the market leader in Greece’s yogurt market. It all amounts to a major accomplishment for a company with origins in Greece, dating back to 1926, which, nowadays, stands as an international company with sales in over 35 countries. FAGE manu-factures, distributes and sells a wide range of dairy products, including yogurt, dairy desserts, milk, cream and cheese.Company products are produced in state-of-the-art, highly automated facilities. FAGE’s US facility, located in Johnstown, New York, which started commercial production in April, 2008, ranks as the largest of the company’s facilities in terms of production capacity. It manufactures yogurt products for the US market and the rest of the Americas. The company operates three facilities in Greece that serve all markets outside of the Americas. These facilities have the ca-pacity to expand production levels to meet an anticipated increase in demand in the United Kingdom, Italy, Germany and other international markets. The company operates its own dis-tribution centers in the United Kingdom, Italy and Germany, while it has established a compre-hensive distribution network in Greece.FAGE products are distributed to approximately 280 supermarket chains operating roughly 75,000 retail outlets in over 35 countries, primarily in the USA and throughout Europe. FAGE products are also sold to bakeries, confectionaries, dairy stores and other convenience stores. FAGE employs a workforce of approximately 1,000 qualified full-time employees.The parent company posted reduced financial figures in 2013. Total turnover decreased mar-ginally, by 1.07%, to 171 million euros from 173 million euros in 2012. Company losses of 4.4 million euros in 2013 increased further, to 12.9 million euros, a 194% increase.

FOOD - DAIRY PRODUCTS

Industrial

136


Contact detailsMegaridos Avenue 124, 193 00Aspropyrgos, Attica, Greece Tel.: +30 210 8093900 Fax: +30 210 8093999Website: http://www.cyclon.gr/

Cyclon

Cyclon ruling Greece’s lubricants market

The main business segments of Cyclon is the trading of petroleum products (liquid fuels) and the production of base oils and final (Packaged) Lubricant Products. These activities are moni-tored by the respective single management information. A total of 96% of sales are generated domestically while 4% hail from exports, two-thirds of these to fellow EU member states and the remainder in various countries beyond Europe. The company owns a refinery for produc-tion of base oils in Aspropyrgos, slightly west of Athens, with an annual production capacity of 40,000 MT. Additional features include a blending and packaging unit for finished lubricant products with an annual production capacity of 16,000 MT per eight-hour shift. A total of 195 petrol stations operated in the domestic market under the CYCLON name in 2013, fifteen less than a year earlier. In the transportation fuel sector, the company captured a 3.02 percent market share in 2013, slightly below the 3.09 percent figure for 2012. Sales, in terms of volume, fell by 19 percent year-on-year. Heating fuel sales fell by 48 percent during the equivalent period. This sector is estimated to have contracted by 55 percent. However, the company’s sales figure for lubricants increased by 28 percent year-on-year, mainly due to heightened export activity. Sales also increased domestically. The company maintains a storage facility in port-city Piraeus’s Perama area with a total capac-ity of 21,500 cubic meters. In 2013, the company’s sales, in terms of volume, reached 228,999 cubic meters from 283,640 cubic meters in 2012, a 19.3 percent year-on-year decline. In monetary terms, sales reached 260,548 euros in 2013 from 308,914 euros in 2012, a 15.7 percent drop. These results were af-fected by the unfavorable economic environment due to high taxes and limited liquidity in the market, which exacerbated the conditions for yet another year and resulted in reduced sales volumes and gross margins. Total turnover at the company fell to 329.61 million euros from 361.67 million euros a year earlier. The company managed to convert a loss of 525,000 euros incurred in 2012 to a net pretax profit of 1.68 million euros in 2013.

PETROLEUM

Industrial

137


Contact detailsThessi Tzima, 194 00 Koropi - Attiki - GreeceTel: (+30 210) 66 80 000Fax: (+30 210) 66 26 583Email: [email protected]: http://www.flexopack.com/el/

FLEXOPACK SA

Major European flexible packaging manufacturer

FLEXOPACK SA was founded in 1979, in Koropi, less than 30 km from Athens and the port of Piraeus, Greece’s main port, and only a few minutes drive from the “Eleftherios Venizelos” Ath-ens International Airport.Initially a family-owned company, it was listed on the Athens Stock Exchange in 1996.FLEXOPACK is a major European flexible packaging manufacturer offering a great variety of products, with special emphasis in co-extrusion of barrier and non-barrier films. The company has a strong technical base in extrusion, bag-making, and printing.FLEXOPACK’s primary market is the food industry. Other markets include the printing/conver-sion industry, personal care, medical, and agribusiness packaging.Production and conversion, warehouses, R & D center, logistics and administration are housed in two neighboring facilities of 15.000m².FLEXOPACK has operated under an ISO 9001 Quality Management System since 1995. In May 2003, it was accredited with the British Retailer Consortium (BRC/IOP) Standard, which intro-duces higher hygiene, product safety and quality standards for producers of food packaging.The company has experienced significant sales growth over the last five years. Dynamically addressing the future, FLEXOPACK is constantly investing to remain at the forefront of flexible packaging. The firm manufactures a great variety of films of the highest quality standards. All products are tailored to match the customers’ specific processing needs and the exact require-ments for packaged good.The firm’s product range includes a variety of co-extruded structures up to 9-layers, which can fulfill the requirements of the most demanding packaging machines. Barrier structures include polyamides, or polyamide combinations with EVOH. For special humidity as well as oxygen and odor barriers, the firm has developed co-extruded PVDC structures. All these structures are available to the printing and lamination conversion industry, offering a unique choice of oxygen, aroma/odor and water barriers. Additionally, a large selection of non-barrier 3-layer polyethylene films, using the most advanced technology and resins, is offered for high quality printing and/or lamination. The polyethylene range also includes a wide selection of shrink films addressing the growing demand for multi-packs (bottles, cans, or packs of carton) and a variety of films for personal care, tissue and sanitary products. State-of-the-art 6 and 8-color flexographic printing, greatly enhances packaging presentation and consumer appeal. The company posted stable financial results in 2013. Total turnover rose slightly, by 1%, to 54.2 million euros from 53.4 million euros in 2012. Likewise, net pretax profit rose by 3% to 4.4 mil-lion euros in 2013 from 4.3 million euros a year earlier.

RUBBER - PLASTICS

Industrial

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Contact detailsIndustrial Area of Drama, Drama - GreeceTel.: +30 2521306100Fax: +30 2521306110Email: [email protected]: http://www.pavlidismg.gr

PAVLIDIS MARBLE GRANITE

Export sales exceed 90% of turnover

PAVLIDIS MARBLE-GRANITE, an enterprise founded in 1980 by Efkleidis Pavlidis, has flourished as a result its founder’s consistent pioneering spirit and vision to become a key producer of white marble in the world market.By applying a vertically integrated structure, the company controls production of final prod-ucts from extraction to processing for the sale of rough, semi-finished and finished marble and granite products. It specializes in white and semi-white marble and also has a dynamic pres-ence in beige marble.Operating quarries throughout Greece as well as in neighboring countries, PAVLIDIS MARBLE GRANITE’s marble products are applied to large and small constructions in all five continents, enhancing their aesthetic appeal. The company’s industrial facilities occupy an area of 20,000 square meters, set up on a 100,000 square meter plot of land not far from the provincial city of Drama, northern Greece, the coun-try’s focal point of marble mining. It operates branches in Athens and Thessaloniki, ensuring that company products reach urban centres throughout Greece. PAVLIDIS MARBLE-GRANITE’s industrial facilities include three pho-tovoltaic parks with a total capacity of 5 MW, providing energy autonomy to the company with the added advantage of not burdening the environment with 6,250 tons of CO2. The ARISTON, VENUS and GALAXY white marble products stand as the company’s flagship products. The VOLAKAS, SIVEC and THASSOS marble types complete a range of white marble options that satisfy both domestic and international consumer demands. With its KAVALA semi-white crystalline marble, the company offers an exceptionally environ-mentally-friendly and economical material for many applications, while the ON THE ROCKS cream-beige limestone has earned its place in the competitive market of beige materials. From the day it was launched, the company has maintained an extremely strong export ori-entation, with export sales exceeding 90% of its total turnover. Beginning with the demand-ing construction requirements of countries in west Europe, the company has progressively expanded its activities in both hemispheres with exports to the Far East, Southeast Asia, the Middle East countries, as well as Latin America and the USA. Backed by a multitude of projects worldwide, PAVLIDIS MARBLE-GRANITE constitutes one of the most professional choices for undertaking and executing large-scale projects. High quality standards are unfailingly intact, while the company operates in a disciplined fashion, respect-ing project deadlines. The company posted improved financial figures in 2013. Total turnover increased by 3% to 43.7 million euros, while net pretax profit rose by 17% to 15.7 million euros.

MARBLE

Industrial

139


Contact detailsPO Box 69, Polykastro-Limnotopos, Kilkis, 61200, Greece Tel.: +30 23411 38771Fax: +30 23411 38745E-mail: [email protected] Website: www.kolios.gr

KOLIOS S.A.

From Greece’s north to 43 countries around the world

KOLIOS SA Greek Dairy has been producing pure Greek traditional cheese products since 1948. Among the most dynamic Greek food industries and the most modern industries in Europe, the company currently holds a prominent position among Greece’s cheese producers and is the leading exporter of PDO Feta. The company processes fresh sheep, goat and cow’s milk, collected from selected and con-trolled farms in 15 prefectures within Macedonia, northern Greece, Thrace, northeastern Greece, as well as other parts of the country, at its ultra-modern, 46,000-square meter facility in Kilkis’s Lacoma-Polykastro area, northern Greece. The integrated quality management sys-tem applied by the company is certified according to the highest international standards: ISO 22000, ISO 9001: 2008, BRC, IFS, also AGROCERT and BIO HELLAS.The KOLIOS company’s commitment to quality products has received widespread recognition, as highlighted by a series of international awards and honors. Prizes won by FETA KOLIOS in-clude a “Product of the Year” ward in Germany, a “Best Product” award in Russia, and, over the past three years, a string of awards for quality and taste, including top prizes in Germany and England - “Quality Food Award”, “International Cheese Award” and “World Cheese Award”.The company’s main products are Feta PDO, white cheeses made of goat milk, such as hard and semi-hard PDO Kaseri and Traditional KOLIOS cheeses, produced by the company since 1948, based on traditional recipes that are still being preserved. It also produces organic PDO Feta, light cheeses, food products with vegetable fat and low cholesterol, such as the Vital se-ries, as well as fresh dairy products, including yoghurt and cream. All company products are offered in practical and attractive packaging that takes into account both consumer and professional sector needs. KOLIOS products are distributed through the company’s well-organized distribution network and refrigerated truck fleet throughout Greece, offering excellent customer service. Further-more, KOLIOS also enjoys strong export activity and exporting to 43 countries around the world, which, besides ensuring financial rewards for the company, also promotes Greek chees-es worldwide.In 2013, the company posted a reduced total turnover figure, which fell to 78,277,943.83 euros from 116,853,680.32 euros in 2012. The company’s profit performance increased considerably to 1,806,060.18 euros from 44,216.16 euros in 2012.

FOOD – DAIRY PRODUCTS

Industrial

140


EXALCO S.A.

Exalco aluminium used in worldwide construction

EXALCO S.A. is an integrated industrial unit producing aluminium profiles, having the possibil-ity to cover all types of modern structural and architectural needs. The company’s production plant, set up over 51,228 square meters on privately owned land measuring 178,872 square meters, is located in Larissa, mid-northern Greece. The facility’s extrusion unit is comprised of four presses - 1,100 tons, 1,750 tons, 2,200 tons and 2,840 tons, respectively - with a production capacity of 33,000 tons, annually, as well as a sec-tion producing extrusion dyes. The facility also operates a surface treatment and anodizing unit with fully automated machin-ery whose annual capacity is 6,000 tones annually, offering high quality levels. Its vertical pow-der coating unit may produce 10,100 tons, annually, while the horizontal powder coating unit has an annual capacity of 5,000 tons. The enterprise’s exports department is responsible for promoting company products around the world, with a focus on the European, Middle East and US markets. Customers throughout the world use Exalco products for a range of purposes, including build-ing constructions and industrial applications. The exports department maintains a constant stream of communications with clients to cover all needs that may arise. In 2013, the company posted a decline is sales but its net pretax profit figure improved. Com-pany sales fell by 16.27% to reach 62 million euros in 2013. Net pretax profit increased by 10.48%, but, even so, the company remained in the red. Losses incurred were limited to 5.8 million euros in 2013 from 6.5 million euros in 2012.

Contact detailsVolos Industrial Area Greece - 38500 Tel: +30 2421096500Fax: +30 2421096590Website: http://www.imas-conveyors.com/

Contact details5th kilometer Larissa -Athens national highwayPO Box 1153, Larissa, 411 10Tel: +302410688688Fax: +30 2410688530Mail: [email protected] Website: http://www.exalco.gr/

RUBBER AND PLASTICS

ALUMINUM

Industrial

Industrial

IMAS SA

Supplying the world’s largest mines

ContiTech IMAS SA was established in 1972 in Volos, eastern mainland Greece with the objective of serving Greece’s energy sector and PPC, the Public Power Corporation, locally known as DEI. Since then, and based on the strength of a series of investments, the firm has managed to greatly increase its production capacity. In 2007, it added a new production line to its operations. ContiTech IMAS SA is a member of the Continental/ContiTech group.It is active in the domain of conveyor belt production, either made of wire ropes or linen, for special-ized applications, as well as production of a wide range of applications in various industries, as well as production of various other rubber accessories. The firm’s production facilities are located in Vo-los’s industrial zone, where a total of some 300 persons are employed at two plants, Imas and Syrma. Imas exports between 70 and 75 percent of its production to the international market, including Australia, Chile, the UK and the USA, for firms active in metal mining, while, in Greece, PPC’s lignite mining division is the firm’s main domestic client. As a result, gross profit in 2013 dropped to 17.58 million euros from 24.24 million in 2012, a 27.5% decline. Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to 10.76 million euros, a 30.1% decline, while earnings before interest and taxes (EBIT) also fell, by 35.3%, to 9.45 million euros. Finally, the firm posted a pretax profit of 9.35 million euros in 2013, down from 14.53 million euros in 2012, a 35.6% drop. The figure for 2011 was 10.6 million euros. The firm’s 2013 pretax profit performance represented 13.1% of revenues, while the equivalent figure for 2012 was 16.2%. Net profit after taxes was 7.02 million euros in 2013 compared to 11.53 million euro in 2012, a 39.1% decline. The figure was 10.9 million euros in 2011. Taxation costs for 2013 and 2012 were 2.33 million euro and three million euro, respectively.

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Contact details2 Kapsorachi, 12241, Egaleo, Attica, GreeceTel: +30 210 34 56 454Fax: +30 210 34 72 251 Email: [email protected] Website: http://www.alfabetaroto.com/

ALFA-BETA ROTO SA

Profits skyrocket 705%

Alfabetaroto SA has been active in the production of flexible packaging materials for almost fifty years. Over this period, the firm has established itself as one of the sector’s most reliable companies in Europe. The firm was established in the ‘60s by the Argyropoulos family. It expanded its operations into the Balkans in 1997 and, six years later, penetrated the markets of western Europe. The firm, which collaborates with major producers such as Barilla, Pepsi-co, Haribo, Bic and Nestle, em-ploys a total of 190 persons. It maintains office headquarters in Athens, while the main production facility is located in Ko-motini, northeastern Greece. The firm’s production is allocated to pasta and rice producers (19%), bakeries (13%), confec-tionary (27%), ice cream (3%), snacks (10%), detergent industry (18%), frozen foods (3%), coffee producers (4%), and water & beverages (3%).Having invested 24 million euro between 2005 and 2011 for production facilities concerning paper bags and plastic membranes for fresh fruit, bottled water, nuts, various coffee types, detergents, as well as various other products, Alfa Beta Roto has established itself as a major player at a European level. The firm needed to invest 24 million euros for the construction of a new production unit after its Komotini facility was virtually destroyed by a fire. It is currently implementing a further 13 million euro investment (to be finalized in 2015) for the expansion of the company.The firm’s success has not gone by unnoticed by foreign investors and led, in 2013, to the acquisition of a 67% stake in the company by Schur Flexibles Group, the fastest growing Euro-pean group in packaging. The associate shareholders, the Argyropoulos family, retained a 33% of shares, while, as part of the deal, Mr. Christos Argyropoulos continues his successful 10-year spell as Managing Director.

PLASTICS-RUBBER

Christos Argyropoulos

Industrial

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Contact details570 22 Sindos industrial area, Thessaloniki GreeceTel.: +30 2310 790000 (Athens Branch)Tel.: +30 210 55 90 411-13Fax: +30 210 5590 713Website: www.hbbody.com

HB BODY S.A.

Nearly 90% of HB BODY sales generated abroad, in 75 countries

HB BODY SA was established in 1982 with the objective of producing and distributing high quality products for the automotive refinishing industry. The firm was founded by Ilias Vassili-adis, who remains president and managing director to this very day. The firm began operating in Thessaloniki’s Kalamaria district, from a semi-basement measuring 150 square meters. Nowadays, the company is represented in both Thessaloniki and Athens. The firm operates warehouse and production facilities covering 80,000m2. Product research, design and devel-opment, administrative offices, training centre and the auditorium cover a further 10,000m2. The company is equipped with a 120-capacity auditorium offering simultaneous translation in three languages. HB BODY exports to approximately 75 countries and is planning a more organized presence in the markets of the Middle East, Far East, South Africa, Australia, USA, South America as well as neighboring Turkey, through representatives and technical teams. “Our objective is the global market, 135 countries. There is no such thing as a rich and poor country,” Vassiliadis notes. The company has invested more than 65 million euros since 1994, using its own capital resources and no banking credit support. The company’s technologically advanced logistic warehouse of empty tins is able to store 7,000 pallets that can be stored through a computerized system, the only such facility in Greece and one of just a few in Europe.The company’s total turnover figure fell by 8% in 2013 to 40.7 million euros from 44.2 million euros in 2012. Pretax profit rose by 14% to reach 8.1 million euros in 2013 from 7.1 million eu-ros in 2012.

CHEMICAL PRODUCTS

Ilias Vasiliades

Industrial

143


Contact details45 Mihalakopoulou st, 115 28, Athens, Greecetel: + 30 210 7240446 -7 FΑΧ: + 30 210 7249711website: http://www.grecianmagnesite.com/ Mail: [email protected]

GRECIAN MAGNESITE

Exporting alla over the world

GRECIAN MAGNESITE is a privately owned company established in 1959 as a mining and industrial concern. However the magnesite mining expertise of the owners (Portolos family) goes back to 1914, when J.G. Lambrinides the “eminence grise” of Greek magnesite and a pioneer mining engi-neer, started the development and exploitation of most of the magnesite activities in Greece.GRECIAN MAGNESITE is a magnesite specialist. The company produces and commercializes Caustic Calcined Magnesia, Deadburned (Sintered) Magnesia, Magnesium Carbonate (Raw Magnesite) and Basic Monolithic Refractories. A wide range of grades is currently produced, addressing practically all applications where magnesite is used.GRECIAN MAGNESITE ranks among the top magnesia producers and exporters in the world, with a staff of around 340 people (plus 30 permanent subcontractors) and a turnover of some 45 million Euros (consolidated turnover in the range of 70 million Euros). In caustic magnesia in particular, the company is a leading world-wide producer both in volumes and spectrum of applications served.The company’s major deposits and production facilities are located in Chalkidiki, northern Greece. The “Chalkidiki” deposits consist of three main active concessions: Yerakini 7km2, Ormilia 10 km2 and Kastri 23 km2 . The company also owns “reserve” concessions totaling 16 km2 for future exploi-tation. The company’s magnesite is renowned for its whiteness due to the low iron content (as low as 0,02% Fe in the calcined/final product) and the low levels of heavy metals and trace elements. Moreover, low lime content and microcrystalline structure are its additional advantages.Mining of magnesite ore is carried out open cast. The facilities employed, which constitute a unique and original production process, have been designed, built and further developed by the company itself to suit the type of deposits at its disposal and, thereafter, to fully meet marketing needs. Of course, this development did not come overnight but has been the result of years of continuous effort.The company’s capacity is close to 200,000 tons of calcined products and 50,000 tons of Basic Monolithic Refractories. Assets also include a modern R&D facility near Thessaloniki, deposits in the island of Evia and headquarters in Athens. Grecian Magnesite holds the GMP+ and ISO 9001: 2008 Quality Certificates.GRECIAN MAGNESITE has a commercial presence all over the world. The company’s sales value to the European continent represents 75% of its turnover while another 8% corresponds to the Ameri-cas and the remaining 17% covers Asia, Oceania and Africa.GM’s ongoing strategy is to implement significant investments projects both externally (interna-tionalizing the company, beyond its traditional export activities) and internally. Besides GM’s partici-pation in the production and distribution of magnesia products outside Greece, in countries such as Spain, Turkey and the Netherlands, the company continuously implements large investment pro-grams in the Chalkidiki mines, with the aim of reducing costs, improving quality, increasing produc-tion capacity, extending the lifespan of the mine, implementing green energy efficiency programs and allowing for further environmental protection.

MINING

Dimitrios Portolos

Industrial

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Contact details55 Kifisias Ave 55 & Artemidos, Marousi, 15123Τel: +30 210 5590001, +30 211 1817700 Fax: +30 210 6100147Email: [email protected] Website: http://www.mevgal.gr

MEVGAL

Exporting activity in 30 countries around the globe

MEVGAL is the largest dairy industry in northern Greece and the sector’s third largest company in Greece, based on production levels. MEVGAL produces and distributes fresh pasteurized milk, ΕSL milk, European and traditional type yogurt, cheese products, desserts and rice pud-ding, jelly and milk crèmes, and cholesterol-free products. MEVGAL was founded by two cousins with deep roots in milk production and processing. The families of the two company founders, Constantinos Hatzakos and Christos Hatzitheodorou, had been making dairy products in Thessaloniki and east Thrace since 1930. MEVGAL’s estab-lishment in 1950 came as a natural conclusion of the founders’ family traditions and with it begun a great history of success. Since its launch, MEVGAL has been active in Greece’s Macedonian region, the country’s heart of cow milk production in the north, where sixty-seven percent of fresh Greek milk is pro-duced. The company fully covers its needs with Greek high quality milk from over 1,200 farms located within close proximity of the company’s facilities, assuring swift transportation of the raw material to MEVGAL’s processing plant and the freshness of the final product. Respecting tradition and dedicated to quality, MEVGAL has, since the 1950s, launched more than 170 deli-cious, quality products.Thanks to the excellent quality of milk supplied by dairy farmers, the high technology imple-mented throughout the production process (HACCP system, ISO, BRC, IFS, non GMO animal feed certifications), the excellently organized distribution network, and the company’s experi-enced staff, MEVGAL’s products are nowadays available at more than 26,000 smaller and larger sales points in Greece. Eight branches, one subsidiary company, over 60 commercial agents across Greece, and more than 400 refrigerated trucks guarantee the daily distribution and availability of MEVGAL products around the country. Since 1985, the company has developed intense exporting activity. MEVGAL products are exported to 30 countries around the world. At present, exports comprise roughly 12% of the company’s annual turnover. Annual export growth figures are on an upward trajectory. MEVGAL has long implemented a recycling policy for all packaging materials used during the production process at the company’s facilities. With the full support and participation of its employees, it gathers all recyclable waste materials, such as plastic, paper, metal, and wood, as well as all electric/electronic appliances and empty ink cartridges, and forwards them to licensed recycling companies.

FOOD PRODUCTS

Petros Papadakis

Industrial

145


HATZOPOULOS ATH. E. SA

Food, decorative & Promotional Packaging

Hatzopoulos SA specializes in the design, development, and production of flexible packaging materials. Founded back in 1931 by Athanassios Hatzopoulos, the company nowadays ranks as the market leader in its field in Greece, while also being one of the sector’s fastest grow-ing firms in southeast Europe. The enterprise operates two industrial facilities in northern city Thessaloniki as well as an optimally organized sales network in Greece and Europe. More spe-cifically, the firm followed up its successful branch openings in France and the Netherlands in 2013, as well as in the UK during the summer of 2012, by furthering its expansion drive in the Spanish market, in Vitoria, through a local representative. The Greek company also maintains offices in Serbia and Bulgaria. Product categories offered by the firm include food packaging, decorative packaging, and pro-motional packaging. At present, the company employs some 225 persons, while its exports, to over 25 countries, represent 65% of the firm’s total sales. The company posted an increased total turnover figure of 52.1 million euros in 2013, up from 51.7 million euros in the previous year. Net pretax profit fell by 31% to 821,000 euros from 1.1 million years in 2012.

PYRAMIS SA

Leading producer of stainless steel sinks

Pyramis Metallourgia SA is a Greek multinational company that produces and trades integrated kitchen and bathroom solutions. It was founded in 1959 and is based in northern city Thessaloniki, at company-owned land measuring 286,000 square, of which over 30,000 square meters are sheltered and used as manufacturing facilities, warehousing and for administration. Pyramis is among the leading companies of stainless steel sinks producers with a production capac-ity of more than 1,500,000 sinks, annually, while its export activities cover almost 97 percent of pro-duction. Pyramis’s products are exported to 65 countries all over the world. The company operates a total of eight subsidiary firms in Germany, Romania, Poland, UK, Bulgaria, United Arab Emirates, Italy and Russia. Backed by its legacy, vision, and long-term experience, Pyramis added a new facility to its operations for contemporary production plant of granite sinks. The new factory, which is located in an industrial area in Northern Greece, is an investment valued at over €1,000,000, while the facility’s initial annual production capacity can exceed 40,000 sinks. Combining high quality materials, ad-vanced research capabilities and the most technologically advanced machinery, PYRAMIS is expand-ing its product range with a wider assortment of granite sinks. The company’s mission is to develop and provide integrated solutions for the kitchen and bathroom, which are characterized by high quality, functional design, added value and services offered by a company with a human face and respect for the environment. In order to cover a growing demand in international markets, the company applies a modern man-agement approach entailing targeted and effective distribution; product development in compli-ance with the preferences and requirements of different customers.The company’s product range covers the categories of kitchen equipment, electrical appliances, cookware, bathroom systems, solar water-heating systems, boilers, and project fittings.

Contact details26th October Str., 162, 54628, Thessaloniki, GreeceΤel: +30-2310-551801Fax: +30-2310 540673Email: [email protected]: http://www.hatzopoulos.gr

Contact details17th km Thessaloniki - SerresP.O. Box 10 278541 10 Thessaloniki GreeceTel. +30 23940 56 852Fax. +30 23940 71 319website: http://www.pyramisgroup.com/ Email: [email protected]

PACKAGING

METAL PRODUCTS

Industrial

Industrial

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Contact detailsChalkidiki 63100, GreeceTel.: + 30 23710 54300Fax: + 30 23710 54230Mail: [email protected] Website: http://www.deasolives.gr

DEAS S.A.

From the tree to the final product

A family-owned business specializing in olives, DEAS SA is located in the heart of the Halkidiki region, in the country’s northeast, an area renowned for the quality of its green olives. The business was launched nearly twenty-five years ago with small olive groves owned by the fam-ily founders, who combined traditional home processing methods with state-of-the-art indus-trial production support. The overall effort, backed by knowledge and experience provided by highly educated staff members, has led to superior quality products that are enjoyed around the world. The company factory is equipped with technologically advanced equipment that allows for packaging flexibility that suits all products to cover market needs. Production output has reached 18,000 tons and the enterprise’s production is vertically-integrated, covering the en-tire process, from olive picking to the final packaged product, either in retail or bulk packaging, for all markets, including the HORECA sector and supermarkets. The company applies a ISO 9001: 2000 quality standard as well as an ISO: 22000 (HACCP) food safety system standard to every aspect of production. Also implemented are the requirements of the BRC (British Retail Consortium) and IFS (International Food Safety) systems, and Kosher requirements as well.The objective at DEAS SA is to constantly satisfy and respect customer needs, which explains the enterprise’s major emphasis on quality.DEAS SA was the first company in the olive business sector to introduce double-stuffed olives, which resulted in opening up the market to new and fresh ideas, leading to increased market shares for the company. The company has established its own brand name, Elita, for the Euro-pean and Asian markets. The company packages various olive types, including Green Chalkidiki whole, pitted & stuffed with various natural ingredients; Green Amfissa whole; pitted Kalamata olives, whole; pitted Black natural olives; and Black oxidized olives whole. It also produces olive by-products such as paste, tapenades, and various Greek traditional Sauces. In 2013, the company posted a modest total turnover increase and a reduction in pretax profit. Total turnover increased by 2.5 percent to 35.9 million euros from 35 million euros in 2012. Pre-tax profit slid by 17 percent to 1.6 million euros in 2013 from two million euros in 2012.

FOOD PRODUCTS

Industrial

147


Contact detailsElefsina, 192 00, Attiki, Greece Tel: +30 210 5535241Fax: +30 210 5546016Email: [email protected]: http://www.elefsis-shipyards.gr/

Elefsis Shipyards

One of the country’s biggest shipyards

Elefsis Shipyards, located on the Gulf of Elefsina, slightly west of Athens, occupies 250.000 sq.m.. Its industrial facilities cover an area of 37,800 sq.m., the storage spaces are 9.800 sq.m. and administrative services buildings 9.800 sq.m.. The company also owns additional networks in order to supply ships with 380V and 450V electricity, water, oxygen, compressed air, pro-pane, telecommunications etc. Elefsis Shipyards are also equipped with three floating docks. Tanks are supported by a crane capacity of 5 to 20 tons. The shipbuilding bunk has a length of 200 meters and a width of 55 meters and can build vessels of up to 100,000 tons. The ship-building department is also equipped with a rolling mill of 6,600 square meters and high-tech tools. Also, the new hangar for warships can build vessels up to the size of corvettes.Elefsis employs a total of 940 staff members, of which 112 are involved in administrative and executive roles. Over the years, employment levels at the shipyard have reached much as 2,000 employees. As for the staff’s training, the company cooperates with ECC Neorion for annual training programs to upgrade all skills required in production. These programs concern techni-cal skills or new technologies, as well as administrative practices.In 1997, the company began implementing a major investment program, beginning with an investment to upgrade safety standards of its facilities (floating docks, cranes, machinery, ma-chine shop, etc.). In 2001, when the shipyard took on projects for the navy, it made other in-vestments as well, including the construction of a special hangar for TPC type ships, upgraded machine tools and high-precision cutting systems. Overall, Elefsis has invested more than 49 million euros since 1997.

TRANSPORT MEANS

Nikolaos Tavoularis

Industrial

148


Contact details95C Pentelis Avenue, 152 34 Halandri, Athens, GreeceTel: +30 210 6131666 Fax: +30 210 6136009 Website: http://www.helfish.gr/ e-mail: [email protected]

HELLENIC FISHFARMING SA

Battling amid bleak conditions

Hellenic Fishfarming SA is a constantly developing group of companies, with a dynamic pres-ence in both the domestic, European and overseas markets. The group’s primary activities are the production of juveniles and market fish, as well as the processing and packaging of the final products. The group produces sea bream, bream, and sea bass. Furthermore, the group handles the trading and distribution of products in the domestic mar-ket and abroad, which is achieved through a well organized trade network of dealers. Hellenic’s aim has always been to deliver its goods all around the world. As a result, the com-pany has managed to penetrate and have a strong presence in the biggest European markets, such as Italy, Spain, France, Germany, UK and Portugal, as well as in the USA, Russia, Australia and 16 more countries around the world. In 2013, the group’s total sales fell by 9,696,000 euros, dropping by 7,007,000 euros in foreign markets and 2,689,000 euros in Greece. As a result, the group incurred after-tax losses of 8,792,000 euros in 2013 following a profit of 367,000 euro in 2012.

FOOD

Industrial

149


Contact details22 A Halkidos, 111 43, Athens Tel: +30 210 2591 111Fax: +30 210 2591 205email: [email protected]: http://www.titan-cement.com

TITAN Group

A titan, literally

TITAN Group is an independent, vertically integrated cement and building materials producer with over 110 years of industry experience. Based in Greece, where the parent company has been listed on the Athens Stock Exchange since 1912, TITAN Group’s activity spans 13 coun-tries. This activity is carried out both by fully owned affiliates as well as joint ventures with oth-er partners, covering the production of cement, concrete, aggregates, mortars and other build-ing materials; transportation - distribution of products; as well as processing and industrial utilization of fly ash. The corporate group owns cement plants in nine countries, employs more than 5,500 people worldwide and is organized in four geographic regions: Greece & Western Europe, the USA, Southeastern Europe and the Eastern Mediterranean. The global recession saw the concurrent collapse of TITAN’s two most important markets, Greece and the United States. Group EBITDA decreased by more than half between 2006 and 2013. TITAN posted net losses in 2012 and suspended dividend payouts for the first time since 1951. But, backed by a century of experience, TITAN weathered out the storm. By 2013, the dili-gence and hard work through the tough times began rendering notable improvements. De-spite operating in one of the worst affected sectors, TITAN managed to increase sales, generate positive cash flow, and reduce its debt by an impressive 50%.The gradual recovery continued during 2014. Group turnover in the first nine-month period of 2014 reached 880 million euros, a 3% increase compared to the equivalent period in 2013. EBITDA remained stable at 147 million euros. Group net profit, after minority interests and the provision for taxes, stood at 30.5 million euros following a loss of 15 million euros incurred in the equivalent period in 2013. Throughout its history, TITAN has aimed to combine operational excellence with respect for individuals, society and the environment. TITAN Group’s CSR and Sustainability commitment is demonstrated in its own policies and practices as well as through its active participation in international initiatives. TITAN was the first company in Greece to sign the United Nations Global Compact, which aims to safeguard human rights, labor rights, protection of the environment as well as combating bribery and corruption. It is a member of CSR Europe, the World Business Council for Sustainable Develop-ment, the Cement Sustainability Initiative and the European Alliance for CSR. It is also a mem-ber of the Hellenic Federation of Enterprises, the Greek Mining Enterprises Association, the Athens Chamber of Commerce and Industry and the Portland Cement Association. Throughout the crisis, TITAN remained steadfast in the implementation of its action plan to improve social and environmental performance by retaining its focus on the triple bottom line and accelerating efforts to improve its safety culture; investing to reduce carbon footprint; and taking a number of initiatives to engage its stakeholders at the local level. TITAN’s enduring commitment to economic, social and environmental sustainability is a core element of its overall business approach.

BUILDING MATERIALS

Dimitris Papalexopoulos

Industrial

150


Contact details21 Bihaki, Rentis, 18233, Athens, GreeceTel: +30 211 120 7730Fax: +30 211 120 7799E-mail: [email protected] Website: http://www.nexans.gr

NEXANS HELLAS SA

Supplying power, telecom cables throughout Europe

NEXANS HELLAS SA was established in 1973. The company started its manufacturing activity as MANULI HELLAS CABLES SA a year later, producing power and telecom cables. In 1988, the company joined ALCATEL Group. In early 1990, the company’s share was listed on Athens Stock Exchange. In November, 2000, the company name was changed to NEXANS HELLAS SA.The company produces energy cables of low, medium and high voltage, copper and optical fiber telecommunications cables, overhead conductors made of copper, aluminum and alumi-num alloys. In addition, the company produces industrial cables and wires, machinery cables, cables for oil and gas systems, cables for transportation, photovoltaic systems and wind mills and land and submarine optical fiber cables. The company plant is located about 200 kilometers north of Athens, in Aghia Marina, close to the provincial city of Lamia, on a 346,000-square meter plot of land and buildings measuring 33,000 square meters in floor space. Since its launch, the company has managed to constantly increase its annual turnover and improve its technological level. The company has obtained various certificates for quality, envi-ronment, health and safety (ISO 9001, ISO 14001, EHP), as well as approvals from several inter-national certification bodies (ELOT, IMQ, VDE ENEL, AENOR, SABS etc). The company was employing 198 persons at the end of 2013, slightly reduced from 211 a year earlier. During this period, 28 employees left the company and 15 new staff members were hired. All company staff is highly skilled and qualified. NEXANS HELLAS is a leader in the Greek cable market and one of the most important suppliers of PPC, the Public Power Corporation, and OTE, the Hellenic Telecommunications Organiza-tion. The domestic market of industrial and general infrastructure absorbs a significant part of the company’s production and the export activity is extended to all major European countries, North Africa and the Middle East. During the year of 2013, the company serviced a series of orders, the most prominent being electrical installations and fiber optic cables in the domestic market; low and medium volt-age power cables for PPC; copper and fiber optic cables for OTE; as well as a series of contracts abroad, in European Union, the Middle East and Africa. Export activity decreased, mainly due to the outbreak of political unrest in the company’s tra-ditional African markets, especially in the second half of 2013. Nexans Hellas belongs to the multinational group Nexans, which have an industrial presence in 40 countries and commercial activities worldwide, employing close to 26,000 people and generating sales of 6.4 billion euros in 2014. Nexans is listed on NYSE Euronext Paris, compart-ment A.


Industrial

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LITTLE ACRE MILK FARM SA

Ultra-modern facilities for feta cheese production

Dairy industry LA FARM SA (Greek Feta – Trikala) was founded in 1960 by Thanassis Plexidas in the village of Parapotamos, Trikala, central Greece. The firm initially operated as a family-run cheese producing venture with the founder making feta cheese using milk produced by his own sheep as well as additional quantities purchased from fellow villagers. Business gradually grew, as did the firm’s reputation for quality Feta cheese. LA FARM SA’s industrial facility, located at a company-owned 100,000 square meter plot of land, is spread over 27,000 square meters by the 6th kilometer of the Trikala-Pyli highway. The facility features ultra-modern equipment for feta cheese production. The firm employs 100 persons in scientific and administrative positions. The firm sells feta cheese, Pindos feta, Elassona feta, and barreled feta.The company posted increased total turnover and reduced profit figures in 2013. Total turn-over increased by 27% to 45.7 million euros in 2013 from 35.9 million euros in 2012. Net pretax profit contracted by 31% to 1.2 million euros iin 2013 from 1.8 million euros in the previous year.

MACEDONIAN PAPER MILLS SA

Employing 1,650 persons amid the recession

MACEDONIAN PAPER MILLS was founded in 1964 by Giorgos Ladopoulos. Three years later, the company’s plant and administration were relocated to northern Greece, from where the company went on to prosper, backed by appropriate use of technology and expertise. The company’s success contributed significantly to both the local economy and cartonboard pro-duction in Greece.Founded in 1964, MACEDONIAN PAPER MILLS became a member of the PAK Group in 2012. The PAK Group parent company, whose history dates back to 1923, is nowadays comprised of 19 companies specializing in four areas, foods, flexible packaging, cartonboard, and real estate. Total gross turnover for the PAK Group typically exceeds 500 million US dollars, while its work-force amounts to roughly 1,650 employees. The PAK Group owns a 75 percent stake in Karton-san, the largest cartonboard producer in Turkey, and 70% of Intermat, the leading manufactur-er of flexible packaging in Europe. With the addition of Macedonian Paper Mills, the PAK Group has become the fourth largest cartonboard manufacturer in Europe, with a total production of 280,000 tons.The MACEDONIAN PAPER MILLS main offices and plant are located in Thessaloniki’s industrial park, the first private industrial park in Greece, along the 22nd km of the Thessaloniki-Edessa National Road. MACEDONIAN PAPER MILLS is located on company-owned land measuring 230,000 m2. The facility is spread over 30,000m2 and employs 190 specialized staff members. Over 100,000 tons of coated printing cartonboard, intended for general and food packaging applications, are produced here. The majority of the company’s production is exported to de-manding European markets and parts of Africa and Asia.

Contact details6th km Trikala-Pyli highway, Trikala, 42100, GreeceTel: 2431084480Fax: 2431084192Email: [email protected] Website: http://lafarm.gr

Contact detailsGefyra, 570 11, Thessaloniki, GreeceTel.: +30 2310 728 000Fax: +30 2310 715 351Email: [email protected]: http://www.melpaper.com

FOOD PRODUCTS

PAPER

Industrial

Industrial

152


Contact details102 Kifissou, PO Box 3383, Egaleo, 12241 GreeceTel: +30 210 5384911Website: http://www.athenianbrewery.gr

Athenian Brewery

25 brands in 11 countries

Athenian Brewery was founded in 1963 and its first production facility began operating in 1965. Of the enterprise’s four existing plants in Greece today, the fourth concerns bottling of natural mineral water, under the IOLI brand name. Athenian Brewery is part of the Heineken N.V. group, an enterprise that operates some 200 brands and 140 breweries in 70 countries. It posted a turnover figure of 18.4 billion euro in 2012. In 2013, Athenian Brewery stood as the undisputed market leader in Greece’s beer market amid unfavorable economic conditions that, inevitably, are affecting the entire national econ-omy. Moreover, the rise in the trend of small breweries, as well as the arrival of formidable competi-tion, demands appropriate moves aimed at maintaining the company’s exceptional perfor-mance figures in various domains.The company employs 1,100 persons, collaborates with 4,500 associates, and provides work for 1,100 farmers. It is the largest producer of malt in Greece, while 90 to 95 percent of its local production costs are rechanneled into the Greek economy. Over the past 15 years, the firm has invested more than 500 million euro in Greece, while, over the past five years, has paid approximately one billion euro in taxes to the Greek state. Athenian Brewery is an active contributor to environmental activities, social issues, and the cultural domain.Among the firm’s objectives is an increase in exports through the promotion of non-alcoholic Greek beer to Arabic countries; further improvement of already respectable export perfor-mance figures, which represent 8 percent of total production of various Greek beer brands (Alfa, Zorbas, Marathon); production in Greece and promotion of new products (Bio 5 beer, brewed with five different grains, non-alcoholic Buckler beer); and maintenance of a pricing policy that will avoid, as much as possible, price increases, a policy that takes into consider-ation the difficult economic conditions prevailing in Greece. Athenian Brewery nowadays markets a range of brands that are either produced in Greece (Amstel, Amstel Premium Pils, Amstel Bock, Heineken, Alfa, Fischer, Buckler, BIOS 5) or import-ed (Amstel Light, McFarland, Erdinger, SOL, Murphy’s, Duvel, Chimay, Kirin, Moretti, Despera-dos, Krusovice, and others). The 25 brands produced and distributed by the firm are available in 11 countries, with support from an extensive distribution and sales network. It is estimated that in 2012 Athenian Brewery supplied approximately 2.25 million hundred-liter amounts of beer, locally and through exports. The economic crisis did make an impact on the firm’s financial results. In 2012, total turnover fell to 341 million euros from 389 million euros in 2011, while net pre-tax profit fell from 61.4 million euros in 2011 to 29.2 million euros in 2012. Even so, the company’s management, headed by managing director Zooulis Minas, hopes a rebound will soon be achieved.

BEVERAGES

Zooulis Mina

Industrial

153


Contact detailsVasilissis Sofias 95, 11521 Athens, GreeceTel: +30 2106423614Fax: +30 2106423349Email: [email protected]: http://www.agrovim.gr

AGRO.VI.M. S.A.

Reliable supplier of Greek agricultural products to major international markets

AGRO.VI.M. S.A. was established in 1994 as a continuation of the original company founded in 1964 by Andreas Gyfteas. During its first years of operation, the company mainly processed olive oil from Kalamata region. Following a succession of strategic investments, the company increased its productivity and significantly improved its international competitiveness whilst ensuring that the initial vision to offer products of exceptional attributes and traditional taste were not compromised.Today, AGRO.VI.M is one of the largest olive oil producing companies in Greece and one of the leading export companies of the country with an annual turnover of 30million Euros. AGRO.VI.M processes, packages and delivers Greek agricultural products worldwide, mainly from the Messenia area such as Kalamata PDO extra virgin olive oil and Kalamata PDO olives. It also of-fers a great variety of other PDO-Protected Designation of Origin Extra Virgin olive oils (SITIA, PEZA), PGI-Protected Geographical Indication Extra Virgin olive oils (LAKONIA); Organic Extra virgin Olive oil, PDO Kalamata & PGI Lakonia; Pure Olive Oil; Kalamata olives and other types; Organic Kalamata Olives; Kalamata and Green Olive paste; Blends of Olive oil; Gift basket; Dried figs; Mediterranean Gourmet Food; Antipasti. AGRO.VI.M typically buys in excess of 50% of the PDO Kalamata olive production of Messenia - one of the most well-known and awarded olive varieties of the country-, more than 50% of the PDO Kalamata extra virgin olive oil production and almost 30% of the total olive oil production of Messenia.The company continuously offers new products inspired by the design tendencies and the highest quality standards. ILIADA is the first Greek brand to open all paths to the Greek quality in the international markets and is honored with many awards. The new aromatized olives oils are proposed by great Chefs and food writers and have conquered the food lovers who seek for high-end products in very elegant packages. Other brands targeting international and do-mestic markets are Olvion, Olive Art, Erato, Delphi, Elina, Jenny’s and Elaionion. AGRO.VI.M. is a reliable supplier of Greek products to major international markets, exporting own brands and private labels to more than 50 countries worldwide: USA, Canada, EU, Austra-lia, Japan, China, South Africa, North Africa, Middle East, Brazil, Hong Kong, to name a few. Via the optimized supply chain network, the company timely provides customers with the right premium quality goods and at the same time respects the environment, by reducing overall carbon footprint. The company adheres to ISO 9001:2008; 4001:2004; 22000:2005 (HACCP); 2005:2001; BRC; BIO Hellas; Kosher.

FOOD PRODUCTS

Jenny Giftea

Industrial

154


Contact detailsIndustrial Park of Prosotsani, 66200Drama, GreeceTel: +30 25220 23514 -5Fax: +30 25220 23490E-mail: [email protected]: http://www.fhl.gr

FHL - KYRIAKIDIS MARBLES-GRANITES

Major Player in the marble sector

“KYRIAKIDIS MARBLES-GRANITES (Industrial and Commercial SA), also FHL, was founded in 1991 by Ilias Kyriakidis, Konstantinos Zamanopoulos, and Chrysanthos Kallionidis.Initially, the company was based in the Polystylos area in the Kavala prefecture, northern Greece. Following a decision reached at an extraordinary shareholders meeting in 1994, the company’s base was relocated to the industrial area of Drama, also in northern Greece. The company’s administration, offices, and facilities are all based here. The company’s initial share capital amounted to 108 million drachmas. Since its launch, the company has been active in the trade, elaboration and quarrying of marbles and granites. Its worldwide reputation in the marble sector has been gained mainly through the company’s white marbles SIVEC, THASSOS WHITE, PRINOS and VOLAKAS. The company is a non-exclusive distributor of the Sivec White products. The FHL group owns three quarries in Kavala, Drama and Nevrokopi, as well as three major factories, two of these in Dra-ma, the other in Prosotsani. The FHL group mainly markets over nine different marble varieties and fourteen granite variet-ies. In 2007, the company completed, with resounding success, the world’s most significant marble-related project of the past fifty years, the Grand Mosque of Abu Dhabi (also known as Sheik Zayed Bin Sultan Al Nahyan Mosque) in the United Arabic Emirates. More than 100,000 tons of top-grade snow-white SIVEC EXTRA marble was processed for the project, valued at 42 million US dollars. The work required for this enormous project was completed on schedule.

MARBLE & GRANITE

Industrial

155


Contact details44 Kifissias Ave, Marousi, 15125, Athens, Tel.: +30 2106604300Fax: +30 2106666749Email: [email protected]: http://www.pharmathen.com

Pharmathen

Export orientation and solid domestic partnerships

Basing its operations on model entrepreneurship with multinational character over its 45-year history, Pharmathen has, over the past year, begun forging robust strategic partnerships with major international pharmaceutical companies to reinforce its presence in Greece and abroad.The company made its mark in the pharmaceutical sector’s international map of innovation with a major R&D department achievement for healthcare products, this being its develop-ment of Long-Acting Injectable (LAI) technology. LAI technology is applied to a range of products and contributes drastically to the improve-ment of the quality of life of patients, as it reduces the amount of injections needed. The devel-opment of this innovative technology has led to an agreement with major US pharmaceutical companies for worldwide marketing of two LAI products. In another strategic alliance forged by Pharmathen in 2014, the company established a partnership with UCB to promote the Bel-gian company’s allergy products in Greece.Also, Pharmathen announced a strategic partnership with Novartis to jointly market, in Greece, two innovative medicines for chronic obstructive pulmonary disease (COPD). To meet the needs created by these new developments, Pharmathen has announced it will add fifty new staff members to its workforce. In another alliance, the company has announced a partnership with US InterMune Inc to re-lease an "orphan" drug for idiopathic pulmonary fibrosis in the Greek market.The company invests heavily in research and development. Pharmathen is ranked among the EU’s top 50 pharmaceutical companies, in terms of investment in research. According to the company's investment plan, investments in research and development of pharmaceutical products will exceed 100 million euros during 2013 to 2018.During extraordinarily difficult times, Pharmathen managed to implement an investment plan, exceeding 40 million euros, for the establishment of a new production plant in Sapes, north-eastern Greece. The company employs 1,000 employees and has doubled its workforce over the past four years. Pharmathen has achieved annual growth rates of 12% over the past 5 years. In 2013, its total turnover reached 178 million euros, up from 160 million euros in 2012. It posted a profit figure of 17.1 million euros, more than double 2012’s performance of 8.2 million euros. The compa-ny’s export activity represents nearly one percent of the country’s exports, overall. Pharmathen holds 65 patents concerning both original and generic drugs, and has been awarded numer-ous prizes at national and international level.Pharmathen owns three modern research laboratories and two plants, and operates across the spectrum, from development to distribution of pharmaceuticals. It recently established com-pany offices in Jordan and Australia and gained permanent representation in South America, strengthening the dynamics of the specific areas, while its products are approved in all EU markets, in cooperation with the largest pharmaceutical companies worldwide.

PHARMACEUTICALS

Nelly Katsou

Vasilios Katsos

Industrial

156


Contact detailsTatoiou Street18th km Athens-Lamia National RoadNea Erythrea, 146 71Tel.: +30 210 8009111-120Fax: +30 210 8071573Email: [email protected]: http://www.vianex.gr/

Vianex SA

Twenty years active in export markets

The Giannakopoulos family has been active in the pharmaceutical drug sector of the economy since 1924, when Dimitris Giannakopoulos established one of the first pharmacies in Athens. The next great milestone in its history was in 1971, when the President and Founder of VIANEX SA, Paul Giannacopoulos, pushed forward with a program of rapid expansion, concluding dynamic partnerships with major internationally-renowned pharmaceutical companies in the process.VIANEX has been active in export markets for more than 20 years. The worldwide expansion of the company’s export business and its steady growth over the last decade has made VIANEX one of the largest exporters in Greece. Its fully-approved product range is in broad circulation in the markets of 35 countries across Europe, Asia, Middle East and Africa. VIANEX has recently celebrated its expansion into China, a market which is a strategically-important objective for the company. In early November 2014, the first batch of vancomycin injectable antibiotics was delivered to the People’s Republic of China. The product is manufactured in VIANEX’s Plant C facility in Greece, under a strategic agreement with the Pharmaceutical Group Eli Lilly. Driven by its long-term strategic planning, in anticipation of continued growth in demand for antibiotic lyophilized products, VIANEX began investing in the necessary infrastructure facili-ties and proceeded with the procurement and installation of essential equipment and quality control systems. This represented an investment of more than EUR 11 million. The large scale of VIANEX’s production capacity has now served to ensure its ranking among the top three ly-ophilization pharmaceutical manufacturers in Europe.VIANEX owns 4 fully-owned state-of-the-art manufacturing facilities:Plant A specializes in the production of sterile liquids, semi-solid products and suspensions. Plant B is an innovative pharmaceutical product production unit operating in accordance with environmentally-friendly technical specifications, specialising in non-sterile solid product types (tablets, capsules, granules). Plant C is considered to be one of the largest and most modern lyophilized injectables pro-duction facilities in Europe. The plant includes separate production lines for sterile injectable

PHARMACEUTICALS

M E M B E R O F G I A N N A K O P O U L O S G R O U PM E M B E R O F G I A N N A K O P O U L O S G R O U P

Industrial

Dimitris GiannakopoulosExecutive Vice-President & Deputy C.E.O.

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products (lyophilized, solutions, suspensions), a special unit for the production of cytotoxic gels, and also houses a special R & D laboratory with two pilot lyophilizers in which research programs into lyophilization procedures are developed within a framework of research part-nerships with academic and research institutions. Plant D is one of the few highly sophisticated production units in Europe of cephalosporin products. The continued full compliance with all the latest requirements of Greek (National Organization for Medicines), European, as well as international legislative regulations and global certifica-tion agencies, has ensured its ISO 9001:2000 certification. Many international pharmaceutical groups have entrusted VIANEX with exclusive production of their products for export world-wide.VIANEX’s mission is to provide doctors, patients, pharmacists, pharmaceutical wholesalers and health sector organisations with high quality safe products and services. The success of the company in this mission has been widely recognized at national, European and global levels. It has international accreditation (IQNET, EFQM, EU GMP, EU GDP) and holds 48 quality ap-proval certificates. Health organisations in many countries (including Japan, Turkey, Jordan, Libya, Gulf Countries, Korea, the Ivory Coast, Taiwan, Tunisia, Iraq, Kuwait, Egypt and Iran) have awarded VIANEX manufacturing facilities with a total of 32 GMP certificates. Every year, repre-sentatives of 20 of the largest multinational quality standard agencies come to inspect VIANEX facilities and verify that the company’s quality systems follow the latest international standards before approving the circulation of its products in Greek and international markets.VIANEX believes that its people are its most valuable asset. Investment in human resources also means that we meet our objectives and maximise our efficiency, the effectiveness of our organisation and the quality of services provided. VIANEX’s primary concern is to maintain the high quality of its staff through training programs in production methods, quality control, product promotion as well as use of the latest technologies. We also fund further education and training for our executive staff. It employs more than 1,100 people, and we are proud of the fact that, despite the difficult economic environment created by the crisis in Greece, it has not laid off any of its personnel or introduced any cuts in wages and salaries.

158


Konstantopoulos SA – “OLYMP”

95% of total turnover generated by exports

Konstantopoulos SA – “OLYMP”, a successful and established firm in processing, standardizing and packaging of various olive types, has been active since 1956. Besides olives, the firm also produces a series of other appetizers whose recipes are based on olives, peppers, almond, garlic, artichoke, and mushroom. The firm’s office headquarters and production facilities are located by the 3rd km of the Katerini-Larissa national highway in northern Greece, on a company-owned 70,000-square meter plot of land. The building spaces on the premises cover over 12,000 square meters. Konstantopoulos SA – “OLYMP” underwent a corporate reshuffle in 1990. Its main shareholders, Leonidas Konstantopoulos and Prokopios Konstantopoulos, are the company’s founders. Over the past 20 years, their enterprise has operated primarily as an export company with over 95% of total turnover generated by exports. The firm exports to more than 50 countries, half of these being central and northern European markets. The bulk of company sales are generated by developed markets, mainly Germany, Austria, the UK, the Scandinavian countries, the USA, Canada, and Australia. The company posted positive financial results in 2013. Total turnover increased by 8% to 32.6 million euros from 30.1 million euros in 2012. Profit rose by 32% to 3.5 million euros from 2.6 million euros a year earlier.

HAI

Greece’s biggest aeronautical company

Founded in 1975 with the main objective of providing services and products to support the Greek Armed Forces, HAI, which has also implemented an export-oriented approach, has man-aged to create an expanded customer base and is now an internationally reliable partner as-sociated with world’s leading aerospace companies. Combining cutting-edge technology with certified production processes and a highly trained and experienced manpower, HAI offers products and services of high quality. The company has signed cooperation protocols with leading companies in the aerospace industry (Lockheed Martin, EADS, Dassault Aviation, Finmeccanica, Snecma, Thales, Pratt & Whitney, and Boeing). The company established the Pratt & Whitney joint venture ‘Source Aero Services AE’, its main activity being maintenance of aero-engine components for worldwide fleet in both the military aircraft field and civil aviation. HAI participates and collaborates with national and international organizations in aerospace, defence and security such as the Greek Union of Aerospace and Defense Companies; the Eu-ropean Maritime Safety Agency; the ASD; the European Defense Agency; and the European Space Agency. The company participates in major European Technology Research initiatives such as CleanSky and ARTEMIS and in joint ventures with national and international research centers as well as industry partners to implement collaborative research and technology programs. Also, HAI has been certified by major industry companies as an authorized mainte-nance center, including Rolls Royce, Lockheed Martin, Snecma, and Honeywell. The company’s team of skilled employees, numbering 1,380 persons, represents a key element in HAI’s productivity and high standards, decisively strengthening its competitiveness.

Contact details3rd km Katerini - Larisa, 601 00 Katerini, GreeceΤel.: +30 23510 47000 Fax: +30 23510 37748E-mail: [email protected] Website: http://www.konstolymp.gr

Contact detailsPyrgos Athinon (Athens Tower), 2-4 Mesogion Ave, Athens, 11527 Tel: +30 210 7799622Fax: +30 210 7797670Email: [email protected]: http://www.haicorp.com/

FOOD PRODUCTS

TRANSPORT MEANS

Industrial

Industrial

159


MEGA DISPOSABLES SA

Among the top in market share

MEGA SA, a purely Greek-owned company, is today one of the largest manufacturers of per-sonal care products in Europe. The company began as a producer of cotton buds (Tipers), soon added napkins, under the Cloe brand name, to its product line, and gradually developed its range by investing in skilled manpower and modern equipment. Today, offers products that cover all the main categories of personal hygiene. MEGA employs 317 persons, owns its facility measuring 23,000 square meters, is ranked sec-ond, in terms of market share, in the personal hygiene products category, maintains strong contract manufacturing partnerships abroad, and also produces a large proportion of private labeling products in Greece. As for exports, the company has been active in markets abroad since the ‘90s and has continu-ously developed its exporting activity, now reaching over 25 countries and based on partner-ships with some of the most dynamic distributors companies in respective countries. In 2013, the company posted a 10% year-on-year increase in total turnover. However, profit fell by 13%. Total turnover rose to 92 million euros in 2013 from 83.4 million euros a year earlier. Net pretax profit shrunk to 3.6 million euros from 4.1 million euros in 2012.

ALMI SA.

Producing biological products till 2002

ALMI began its corporate quest backed by a passion for perfection and numerous years of work experience accumulated by Tassos Mertzanidis as a chemist and of Minas Mertzanidis as a civil engineer. From modest beginnings in rented premises and with hired equipment, pro-duction during the early days was exclusively limited to pickled Macedonian peppers.ALMI was founded in 1996 in Alexandria, Imathia, northern Greece, where the company-owned facilities are located, approximately 55 km from the port of Thessaloniki. These days, ALMI specializes in production and trade of delicatessen products. It has been active in the or-ganic field since 2002, producing spicy red and green peppers stuffed with cheese, herbs and spices. This initiative launched seven-year period of investments in facilities and mechanical equipment. All company products are made using local ingredients. Other company products include olives, caper, mushrooms, pastes, organic, pizza toppings and various appetizers. ALMI continues to develop new products and gain strength through significant and long-established collaborations, including an association with German’s Reichold Feinkost GmbH, a historic and leading company with a similar product range. ALMI employs about 180 persons and exports to a number of markets, including Germany, Sweden, Finland, and Canada. The company’s policy places great emphasis on quality through-out all stages of production. Constantly strives for further improvement and growth, the com-pany frequently invests further amounts into its operations.The company is certified for its organic pepper production as well as ISO and HACCP standards.

Contact details148 Dekelias, Αcharnes 136 78, Αthens, Tel.: +30 210 2419800, Fax: +30 210 2419818 Email: [email protected] Website: http://www.megadis.gr/

Contact details5th km Alexandria - Kria Vrisi road59300 Alexandria Imathia, GreeceTel: +30 23330 27 800Fax: +30 23330 27 806Email: [email protected]: http://www.almifoods.gr

PAPER

FOOD PRODUCTS

Industrial

Industrial

160


Contact details18th km Marathonos Ave, 153 51, Pallini, AthensTel.: +30 210 6039390Fax: +30 210 6039414Email: [email protected]: http://www.genepharm.com

Genepharm S.A.

Investments in excess of 50m euros over the past decade

Founded in 1967, Genepharm is a pharmaceutical company dedicated to developing, manu-facturing, marketing and distributing a wide range of generic pharmaceuticals. Initially focused on the Greek market, Genepharm has nowadays expanded, selling its products in Eu-rope, the Middle East, Africa, Asia and Central and South America.The first production unit of Genepharm was launched in 1974, while the company’s expansion in international markets began in the mid ‘80s. In 1992, the company was certified as a supplier company of UNICEF. It was accepted as a supplier company by Australian Health Authorities in 2005, by the Council of the GCC in 2010, and the Turkish Health Ministry in 2011. Also, since 2006, Genepharm has founded two new oncology facilities.In Greece, the company produces and promotes its own branded generic products, supplying 8,300 physicians in various medical fields, these being cardiology, dermatology, gastroenterol-ogy, gynecology, neurology, oncology, internal medicine, pulmonology, urology and orthope-dic.It operates modern production facilities measuring 12,000 square meters in Pallini, northern Athens. In 2001, the company modernized and expanded its facilities in accordance with EU GMP’s. In 2008, the company extended its premises yet again with the establishment of two new units for oncology products - solids and injectables.Between 2000 and 2012, the company invested a total of 53 million euros in production facili-ties and development of new products. The company’s rapidly growing export activity covers 58 countries around the world and, at present, represents over 75% of total turnover.Genepharm produces 347 different products. Indicative of the company’s overall production strength, total annual production capacity reaches 780 million tablets for conventional drugs, 260 million for capsules, 7.5 million for Vials and 3.7 million for sinus solutions.The company posted exceptional financial results in 2013. Total turnover increased by 39%, while losses incurred in 2012 where transformed to profit in an impressive 202% turnaround. Total turnover reached 35.6 million euros in 2013 from 25.5 million euros in 2012. Losses of 2.9 million euros incurred in 2012 were converted into a net pretax profit of 2.9 million euros in 2013.

PHARMACEUTICALS

Industrial

161


Greek SA Steel

Finding solutions in foreign markets

Greek SA Steel, better known as Hellenic Steel, active in the country’s steel sector, is 52% owned by Italian group Riva, while smaller percentages are held by other European and Japa-nese companies, as well as Greek banks. Since about 1970, Hellenic Steel’s production facility in Thessaloniki, northern Greece, has operated at a capacity level of 800,000 tons for cold-rolled flat products, 95,000 tons for galva-nized flat products, and 135,000 tons for galvanized flat products. In recent years, Hellenic Steel’s export activity has represented over 80 percent of produc-tion. Exports are sold to a number of other European countries such as Italy, France, Germany, the UK, Spain, Cyprus, Montenegro, Hungary, and Bulgaria, as well as the Middle East, African countries, the USA, and China.

GALAXIDI MARINE FARM SA

Technological leader in the fish farming industry

GALAXIDI MARINE FARM SA (GMF), a fish farming company, was established in 1987, and is located close to the picturesque town of Galaxidi on the northern coast of Corinthian Gulf in central Greece. It is one of the sector’s oldest operations and is renowned for high quality fresh products such as Sea Bream (Sparus aurata), Sea Bass (Dicentrarchus labrax), and, in smaller numbers, Red Porgy (Pagrus pagrus), Pandora (Pagellus erythrinus) and Sharp – Snout Sea Bream (Puntazzo puntazzo). Over the past 25 years, the company has exported 95% of its production to fellow European Union member states, primarily Spain, Italy, Germany, France and Austria. GMF’s advanced facilities make the en-terprise a technological leader in the fish industry sector. The company operates five growing cage units, two hatchery sites and a modern packing and processing station designed according to latest EU specifications. It features automatic grading and weighting machines. The operation’s production capacity is 5,000 tons, annually. The facility features large plastic round cages, a computer-controlled feeding system, and the latest in hygienic practices. GMF was the first Greek fish farm to be certified – in July 2000 - for its entire vertical production, from fertility to production, according to the EN ISO 9002:1994 standard. GMF also applies a food safety management system (HACCP) and a quality management system for the production of fry, fish farming, packaging, and the distribution of fresh fish according to EN ISO 22000:2005 and EN ISO 9001:2008 standards respectively, certified by TUV Austria Hellas. Since 2008, the firm has produced organic Sea bream and Sea bass, based on EU legislation. The company’s end-to-end organic production is certified by BIO HELLAS. Producing and growing fish “in their natural environment” stands as the enterprise’s strongest competitive advantage. Its large cages are placed in seawater depths of approximately 150 meters for production of fish in a natural habitat.

Στοιχεία ΕπικοινωνίαςPO Box 1230, Ionia, 57008, ThessalonikiTel: +30 2310572100Fax: +30 2310572186E-mail: [email protected] Website: www.rivagroup.com

Contact detailsAnemokambi Place, Gr 33052 - Galaxidi, GreeceTel: +30 2265041840Fax: +30 2265041197Email: [email protected]: http://www.gmf-sa.gr

STEEL

FOOD PRODUCTS

Industrial

Industrial

162


Contact detailsInofita Viotia, 32011 PO BOX 95 Greece Tel: +30 2262 0 31544 Fax: +30 2262 0 31984 Email: [email protected] Website: http://www.septona.gr/

SEPTONA SA

Ranked among the best 100 European businesses

SEPTONA was founded in 1975. In 1983, 50% of the company was bought by the Evangeliou family, which proceeded with a full 100% acquisition of the firm in 1990. Until that time, SEP-TONA possessed limited turnover ability as a small company housed in a 200-square meter building, where production was restricted to cotton buds. SEPTONA rapidly expanded in other personal care products such as, cotton buds, cotton pads, pharmaceutical cotton wool, cotton balls, baby wipes, cosmetic wipes, refreshing wipes, incon-tinence products, feminine hygiene products, strips, baby shampoo & bath, baby moisturizing & nappy rash cream. SEPTONA has 3 state of the art factories in the industrial area of Inofita, north of Athens, with vertical integrated production for the entire range of cotton products. It employs over 400 people and has enjoyed a steadily increasing turnover from 1990 until today.Today, the company is one of the leading manufacturers that operate in the global market of personal care products, with an export activity to more than 69 countries in all 5 continents through 4 logistics centers in Europe. Exports account for 75% of total turnover, 40% of which is generated in highly competitive European markets such as UK, France and Germany. In addi-tion, the firm also exports to less customary countries such as Mongolia, Curaçao, Chile, Zimba-bwe, Suriname, and Uruguay. A large proportion of the firm’s exports concern contract agree-ments with top international retailers. SEPTONA exports branded products in 43 countries. The company holds a strong position in the Greek market. SEPTONA has been ranked as one of the top 10 European export companies, as well as one of the best 100 European businesses. It was awarded the “Ruban d’Honneur” title at the 2013/14 European Business Awards. This pan-European competition is particularly important as it re-wards entrepreneurial excellence and exceptional financial performance. The company was included in the list with the “Diamonds of the Greek Economy 2014” by Stat Bank. SEPTONA was also awarded the “IASON 2014: Premier Greek Exports Award” as Exporter of the year 2014. In addition it received the 2nd Famous Exports Brand award for the last two con-secutive years.During the last 5 years more than 23m€ were invested in modern production processes, to en-sure the highest quality standards and product differentiation. It possess quality certifications by international auditing organizations such as: TUV, SGS, BVQUI, BRC, ECOCERT, GOTS, HAACP and IFS-HPC. SEPTONA is one of the few manufacturers in Europe, who is internationally certi-fied for the production of Organic cotton products. In addition, as a proof of commitment to society, SEPTONA is certified for the manufacturing of Fairtrade products.SEPTONA is a member of Sedex, in order to share information and improve ethical standards within the supply chain. Every year is successfully audited according to ETI SMETA code and BSCI code of conduct for employees and suppliers.

COSMETICS

Thomas Evangeliou

Industrial

163


Contact detailsAlamanas 1 Building Euroco, 151 25 Μarousi, Athens, GreeceΤel: +30 210 6384 400Fax: +30 210 6384 500Email: [email protected] Website: www.soya-mills.gr

Soya Mills SA

From flour and vegetable oils to biofuel

Formed in 1970, Soya Mills SA remains one of the biggest firms in the field of production and trade of soya and soybean oil with facilities owned by the company in the Corinth region, west of Athens. The firm processes and trades soybean oil and olive. To reach the market, raw oils are first processed at a modern facility operated by the firm. Soya Mills SA was the first com-pany in Greece to engage itself in the production of soybean oil. Seeds are accumulated and processed. The firm is also active in the trade of significant amounts of corn, barley, oats, and wheat. The firm has also expanded its activities into other fields. More specifically, Soya Mills SA ac-quired an olive oil production company and renamed the venture Hellenic Fine Oils (HFO). This firm is active in the production and packaging of olive oil. It exports to China, Japan, and Brazil. The firm’s establishment and 51% stake in a recent venture, GF Energy, which is active in the production of biofuel, ranks as its most significant development. The total cost of this initia-tive is budgeted at 17 million euro. Part of the cost is being financed by EU subsidy programs. The business, whose production is based on a fully automated and environmentally friendly facility, stands as a biofuel alternative for farmers. Many company operations are fused in the production process. The soya mill operation provides raw materials for biofuel production. This biofuel facility, whose production capacity amounts to 130,000 tons annually, began operating in 2009 and produces close to 25,000 tons annually. Commenting on the GF Energy venture, the company’s managing director Marina Ofloudi not-ed: “We have signed contracts for approximately 20,000 hectares and will soon proceed with additional agreements of similar magnitudes.” Soya Mills intends to expand its contract-based farming business activity into its Hellenic Fine Oils (HFO) venture, especially with producers in southern Greece. The objective, according to the managing director, is to “achieve steady prices and quality regarding olive oil, so that we can export.” As for the firm’s financial results in 2013, she noted that total turnover for the year reached about 300 million euro, up by between 5% and 6% compared to 2012. ”Revenues at Hellenic Fine Oils (HFO) will increase because our level of exports is rising,” the company head noted, while adding that “China is a country we are exporting to in considerable numbers, but the same is also occurring in many other countries, such as Brazil and Argentina.”

FOOD PRODUCTS

Marina - Ofloudi Giavroglou

Industrial

164


Contact details21stkm Athens-Lamia national highway, 145 68, Krioneri, Tel.: +30 210 8161802Email: [email protected]: http://www.demo.gr

DEMO SA

Local force in Greek generics exporting to 51 countries

The pharmaceutical company DEMO, an industrial and commercial enterprise, was founded in 1965. The company’s factory, located in Kryoneri, on the northern outskirts of Athens, is the largest in southeastern Europe. Its sheltered area measures 45,000 square meters, including a highly advanced quality control laboratory of 1,400 square meters. With total turnover exceed-ing 105 million euros, annual growth rates in excess of 22 percent over the past eight years, and a workforce numbering more than 630 persons, DEMO ranks among the leading pharma-ceutical companies in southeastern Europe.The company operates in the health sector, focusing on development, approval and distribu-tion of pharmaceutical products in the Greek and international market; production of intra-venous products of all types; supply of generics based on innovative drugs firms abroad; and distribution of pharmaceuticals for rare diseases.Backed by a range of 140 different products, the company is among the leaders in the pharma-ceutical field. It is one of the largest drug manufacturers in Greece, with a very strong presence in the hospital market, where it has been a market leader in the number of units sold over the past six years. The company’s three production units, combined with high-tech storage facili-ties in Athens and Thessaloniki, allow it to supply hospitals throughout Greece. Since 1985, when DEMO also began supplying the Cypriot market, it has continuously in-vested in human resources and activities fostering international cooperation. These days, the company has developed an international sales network in 51 countries with its own branded products, all boasting significant market shares. Since the end of 2013, the company has been represented in Germany by its subsidiary firm DEMO Pharmaceuticals GmbH, a Munich-based operation whose objective is to penetrate the German drug market. Following the completion of various licensing procedures, the subsidiary firm has already begun selling to hospitals, clin-ics and wholesale warehouses in Germany, with a projected annual turnover figure of about 10 million euros. Furthermore, DEMO has also set up a branch in China, while the company’s im-mediate goals is to establish a further seven branches in other foreign countries.Nowadays, the company has 1,186 authorized drugs, while a further forty-one products are undergoing approval procedures. The international activity of DEMO has led to exports rep-resenting 80 percent of the company’s production. Also, the company has maintained market shares of around 30 percent for several years in many countries. In another noteworthy fact, DEMO is internationally recognized as an official supplier of pharmaceutical products for the United Nations, UNICEF and the World Health Organization.In 2013, the company achieved a total turnover figure of 105 million euros, down by 1.7% compared to the previous year. Its profit amounted to 5.3 million euros, down from 6.1 million euros in 2012.

PHARMACEUTICALS

Dimitrios Demos

Industrial

165


Contact details7 Lykovrisi Avenue, 14452, Metamorfosi, AthensTel: +30 210 2826825Fax: +30 210 2818574 Email: [email protected]: http://www.iktinos.gr

IKTINOS HELLAS SA

From Las Vegas to Athens

IKTINOS HELLAS SA was founded in 1974 by Evangelos Haidas, an architect, who remains the company’s majority shareholder, president and CEO to this date. The company has operated from its factory in Metamorfosi, Athens, since its launch. The facility includes the company of-fices, showroom, factory, and warehouse. The company ranks among the leading suppliers in the marble market. It is a vertically inte-grated company with four privately owned marble quarries, cutting and processing factories, a local sales network and, most importantly, an ever growing sales network abroad. An importer of marbles, granites and rare decorative stones from all around the world, IKTINOS HELLAS SA is also the exclusive local dealer of QUARELLA SPA and TREND-VI SPA products, two large companies specializing in artificial rocks, and of the ASSOS Company, which specializes in fine mosaics made of natural rocks.In 1998, the company acquired a 90 percent stake of the marble industry FEIDIAS HELLAS COMMERCIAL & INDUSTRIAL SA, which operates a company-owned production facility in Vrilis-sia, northern Athens. In 2000, the quarry company IKTINOS LATOMIKI SA was founded through a merger of com-panies operating in mass marble mining, such as Volakas quarries, Platanotopos quarries and Thassos quarries. In 2006, ΙΚΤΙΝΟS LATOMIKI SA was taken over by IKTINOS HELLAS SA.In light of its entry into the wind power market in 2007, ΙΚΤΙΝΟS HELLAS SA acquired the entire equity share of PRIVATE ELECTRICITY CORPORATION SA, trading as IDEH SA. The latter holds a production and installation license for a 19.80 MW wind farm in the Megalovouni area and a production license for an 8.0MW wind farm at the Synora area, both in the Nikiforos area in Drama, northern Greece.In February 2010, ΙΚΤΙΝΟS HELLAS SA founded the company EOLIKI MEGA ISOMA SA, which is a fully owned subsidiary of ΙΚΤΙΝΟS HELLAS SA. Its main focus is in the wind-energy market, as highlighted by the development of a 24-MW wind farm in the Fthiotida area, central Greece. IKTINOS HELLAS SA possesses a structured department for architectural applications, staffed by architects, technical staff and decorators. The fully trained staff is responsible for inform-ing professionals and clients on company products, and providing construction solutions. Also, the company has work crews manned by experienced and specialized workers, who are continuously upgrading their knowledge on the installation of natural and artificial rocks. It undertakes large projects, both in the private and public sector, including internal and external placement of marbles in large buildings and residences, floor tiling, self-leveling floors, finishes to kitchen and bathroom counters, interior finishing for luxurious cruise ships, shopping malls, hotels, and METRO stations. IKTINOS HELLAS SA is ranked amongst the leading Greek compa-nies in rock design, cutting, processing, distribution and installation.

NON-METAL PRODUCTS

Industrial

166


Contact details55th Km National Road Athens-Lamia, PO Box 34, Inofyta, 32011, GreeceTel: +30 22620 54800Fax: +30 22620 54801Website: http://www.eurodrip.gr

Eurodrip SA

Master of specialized drip irrigation systems

Through its global network of own subsidiaries and independent dealers, Eurodrip SA offers cost-effective modular, integrated drip irrigation solutions customized to meet specific agricul-tural and landscaping needs. Eurodrip is the European leader in manufacturing and supply of integral dipper lines. Eurodrip was established in 1979 and is the first European company to become involved with drip irrigation. Its innovative method of incorporating drippers into pipes results in water con-servation and greater crop yield. The company applied a revolutionary manufacturing method through which drippers made out of polyethylene (PE) were internally embodied directly in the pipeline during the extrusion process (with no internal attachments) forming a single piece of irrigation line. This ensures controlled water supply by pushing small amounts of water through the exit holes. This procedure is the most advanced and cost-effective in the industry. A professional team of agronomists, irrigation technicians and engineers deliver accurate solu-tions to diverse crop needs under the most challenging topographical, climatic, soil and water conditions, based on two decades worth of experience and thorough on-site investigation.By using its global reach and resources, as well as its local experience and expertise, the com-pany can provide a broad range of applications in:Open field crops by applying both Surface and Subsurface applications (SDI) with drip irriga-tion systems offering several advantages. Increased crop yield, better and uniform quality, substantial savings of water, energy and fertilizers, savings on crop protection, material and energy usage, reduce weed pressure and improved control, results higher income for the growers. Moreover, SDI multi-year use, eliminates weed growth, improves disease control, re-duces mechanical damage and provides healthier and better quality crops.Greenhouse Projects by providing constant support to greenhouse growers, through a com-prehensive selection of quality irrigation, climate control and other systems for greenhouses, nurseries and net houses.Landscape by offering a complete range of surface and subsurface drippers, micro-sprinklers, pop-up sprinklers, valves, filters, controllers and accessories for a broad range of residential and municipal landscape applications.Eurodrip SA is listed on the Athens Stock Exchange and has a market presence in over 70 countries, with operating subsidiaries in Greece, USA, Turkey, Egypt, Jordan, Peru and Mexico. Eurodrip has a 60% market share in the Greek market and is a leading player in Turkey, Egypt, Jordan, while its activities are growing fast in the USA, Peru and Mexico.The Eurodrip Group employs more than 500 people worldwide. It posted sales of 88.5 million euros in 2012. Sales outside the Greek market account for roughly 90% of the company’s total sales. The company has achieved strong brand recognition with its high quality products, ad-vance tested technology and solid in-house production know-how.

PLASTICS & RUBBER

Industrial

167


Contact detailsSindos, 57022, Thessaloniki, Greece Tel: +30-2310-717800 Fax: +30-2310-717840 E-mail: [email protected]: http://www.tosoh-hellas.gr

Tosoh Hellas SA

100% exporting activity

Tosoh Hellas SA was established in 1973 under the corporate name “Tekkosha Hellas SA” by the Japanese firms Tekkosha and Mitsubishi Corporation, with respective stakes of 65% and 35%. In 1987, when the parent company changed its profile, the company was also renamed and to-day bears the name of the Japanese group Tosoh Corporation, one of the world’s most highly acclaimed producers and suppliers of inorganic chemicals, petrochemicals and specialist ma-terials. The parent company is comprised of 130 companies worldwide, employing over 11,000 persons. It generated net sales of ¥772.3 billion (US$7.7 billion, calculated with the year-end currency exchange rate of ¥100.17 to the US dollar) in fiscal 2014, ending March 31, 2014.With its headquarters in the Sindos Industrial Area of Thessaloniki, Tosoh Hellas has been ac-tive since 1976 in the production of electrolytic manganese dioxide, commercially known as EMD, an essential key component for the production of dry cells, commonly known as batter-ies.Tosoh Hellas is the largest producer of electrolytic manganese dioxide (EMD) in Europe, sup-plying the global batteries market and acting as the primary supplier for leading European manufacturers of alkaline batteries. The Tosoh Corporation’s EMD production plant in Greece - the other is located in Hyuga, Japan - accounts for 40% of the Group’s total EMD production capacity. Tosoh Hellas employs a staff of 100 at present. As the largest Japanese-owned industry in Greece with a 100% exporting activity, Tosoh Hellas is firmly focused on growth and development and is, at present, one of the most competitive industries in the entire European Union.To date, Tosoh Hellas has invested over 40 million euros in equipment for its industrial plant, and spends over one million euros per year upgrading its production plant and environmen-tal-control equipment. As part of its operations, the company uses a large network of suppliers and invests more than 20 million euros each year to bolster the market, making a significant contribution to the economy of northern Greece. The company’s commercial exports account for 1.5 million euros in terms of terrestrial and marine transport costs.Tosoh’s aim is to contribute to technical and scientific progress of the sector, overall, and in particular to perfect EMD intended for use in high-discharge batteries suitable for apparatus requiring a lot of power in a short time in order to operate.Research is led by global scientific and technical developments, and is primarily focused on the needs of battery manufacturers, aiming to assist them in perfecting their final product.The endeavors of Tosoh’s R&D Department seek to ensure a continuous improvement in the quality of the EMD manufactured, while also improving the overall production process from treatment of raw material to packaging of the end product, to more effective use of materials, energy and natural resource savings and a reduction in manufacturing by-products.

CHEMICAL PRODUCTS

Industrial

168


Selected Textile Industry

Exports represent 70% of production

Founded in 1970 by five brothers - Hristos, Haralabos, Ilias, Mihalis and Yiannis Dontas - the com-pany established its first cotton yarn production unit in Farsala, central Greece. Within 30 years, pro-duction exceeded all expectations to lead the company to levels that rank it among the largest and most profitable Greek Yarn Textiles industries. Furthermore, it stands as one of the largest domestic investors in the textiles sector. The Selected Textile Industries Association is distinguished for its completely integrated production line and state-of-the-art equipment. Company sales are primarily export-oriented, with 70 percent of production sold in markets abroad. At the same time, the company’s strategic zoning, which places its production units amid central Greece’s largest cotton production area, serves as a definite comparative advantage. The company’s working field includes a wide range of activities, from seeding to final elaboration and selling of all yarn types and counts. Company products are seeded cotton, cotton yarns ecru, combed, carded, dyed, gazed-mercerized, seeding and filature cotton by- products, etc.The company deals with the ginning of seed cotton, production of yarns, as well as dyeing and treatment of yarns. The ginning process is carried out with selected quality of seed cotton, controlled by the company’s quality-system procedures in order to meet qualitative objectives. More than 70% of the total gin-ning production is used by the company, while the remainder is sold both locally and abroad. The production of yarns constitutes the basic activity of the company, with 70% to 75% prepared as pennie yarns and the rest carded. The company’s yarn production, which comes in various forms and colors, including ecru, dyed, single, and twisted, covers a wide range of products, offering the company flexibility in matters concerning marketing strategies and pricing policies. Annual produc-tion capacity amounts to 12,650 tons.

Del Monte Hellas

In the food production since 1892

Fresh Del Monte Produce Inc. is one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared fruit and vegetable juices, beverages and snacks in Europe, Africa and the Middle East. Del Monte has produced canned fruit, vegetables, and juices since 1892. It operates company-owned production facilities in Greece, Italy, the UK, central and South Africa, the Philippines, and Thailand. Del Monte is the world’s leading pro-ducer of canned pineapple, possibly its flagship product, available in a variety of forms – sliced, cut, in syrup – as well as a fruit juice. The company also produces apricots, peaches, pears, corn, and plums. In Greece, the company’s products have been exclusively distributed by the Melissa Kikiza company since 2000.Del Monte Hellas posted sturdy financial results in 2013, posting 27% and 44.5% increases in sales and net profit, respectively. Sales reached 26 million euros in 2013 from 20.8 million euros in 2012. Net profit rose to 473,000 euros in 2013 from 327,000 in 2012.

Contact details15th Km Leoforou Parnithos (Parnitha Rd), 136 71, Acharnai, PO BOX 46577-13610 Τel: +30 2102404240,Fax: +30 2102467177 Website: www.stiafilco.com Email: [email protected]

Contact details12th km Larissa-Halkis national highway, PO Box 1152, Larissa, 411 10, Tel: 2410-971013Fax: 2410-971586 Website: http://www.freshdelmonte.com/

TEXTILES

FOOD - FRUITS

Industrial

Industrial

169


Contact detailsAtrina Center 32 Kifissias Ave 15125, Marousi, Athens Tel: +30 2106858820Fax: +30 2106891106Email: [email protected]: http://www.dnomikos.gr

D NOMIKOS SA

The biggest tomato products exporter

D NOMIKOS provides a full range of standard and custom-made tomato products for the food processing industry. With an enviable reputation for meeting international quality standards, D NOMIKOS exports more than 95% of its tomato products to the most demanding multina-tional food companies. Since its establishment in 1915 as the first tomato processing facility in Southeastern Europe, D NOMIKOS has been at the cutting edge of technological innovation and product development throughout its history. In its field, D NOMIKOS was the first Greek tomato processor to produce hot break tomato paste in 1978, introduce aseptic packaging for tomato paste in 1981, manufacture aseptic diced tomatoes in 1990, be certified with ISO 9002 in 1994 and ISO 9001 in 1995. Today, D NOMIKOS is the largest tomato processor in Greece with a daily production capacity of over 4,000 tons. Privately owned and posting a consistent stream of positive financial results over the last decade, D NOMIKOS is building on its solid base by reinvesting at least 50% of net revenue, annually, in new equipment and plant modernization. Its two state-of-the-art produc-tion facilities, situated in the heart of Greece’s most significant tomato-growing areas, process over 120,000 tons of fresh fruit every season. D NOMIKOS specializes in the production of tomatoes packaged appropriately for industrial use as well as retail food outlet chains. The company also produces and packages products for leading brands as well as supermarket private-label products. It operates both its factories under ISO-certified processes and quality assurance systems to assure product conformity to customer specifications, implements HACCP systems to ensure product safety, trains and promotes staff to develop long-term expertise and offers just-in time delivery and extensive after-sales service to guarantee compete customer satisfaction. Besides its extensive series of specialized tomato products, the company also produces products for specific customers ac-cording their specific demands. D NOMIKOS does not use preservatives or coloring for its prod-ucts. All ingredients are supplied by approved sources which produce in accordance with strict specifications. All products carry tracking details of all stages of production, all the way back to the farmers. GMO-free certified seeds of various types are used for all the company’s tomato products. The company uses a strictly-listed selection of insecticides. The company’s products are comprised of Hot Break and Cold Break Tomato Paste, Pizza Sauces, Passatas, Peeled Diced Tomatoes, Crushed Tomatoes, Polpas and Custom-made Tomato Products.The company posted decreased total turnover and profit figures in 2013. Sales fell slightly, by 8%, to 31.7 million euros in 2013 from 34 million euros in 2012. Net profit experienced a great-er decline, falling to 600,000 euros in 2013 from one million euros in 2012, a 40% drop.

FOOD PRODUCTS

Industrial

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Contact details4 Patroklou, Marousi, 151 25, Athens, GreeceTel: +30 210 688 41 11Fax: +30 210 684 06 49Website: www.nestle.gr

Nestle Hellas SA

Market presence of 115 years in Greece

Nestle products first became available in the Greek market in the late 19th century, as imports from Switzerland. Nowadays, the firm’s basic products in the Greek market cover the sectors of baby food, coffee, chocolate, cooking products, breakfast cereals, mineral water, ice cream, instant chocolate drinks, products for professional use, as well as pet food. Nestle Hellas is a subsidiary firm of Nestle SA. The group’s corporate structure in Greece is comprised of Nestle Hellas SA, Greek Cereals Group SA, Nestle Waters, Direct Hellas SA, and Nespresso Hellas. These firms employ 1,000 persons at six locations around the country. Of these, 400 are em-ployed at the company’s Greek headquarters in the Athenian suburb of Maroussi. The firm operates four production plants in Greece, a coffee-producing plant in Inofyta, on the capital’s northern outskirts, an ice cream producing facility in the Athenian suburb of Tavros, as well as two water bottling facilities, in the provincial cities of Vonitsa and Dodoni, both located in northwestern Greece. The firm’s coffee facility in Inofyta is equipped with eight production and packaging lines for Nescafe Classic and the Greek coffee Papagalos Loumidis. The firm’s ice cream facility in Tavros is set up on a plot of land measuring 18,040 square meters with buildings whose total floor space measures 12,046 square meters. The firm’s Korpi mineral water facility, on the outskirts of Vonitsa, aims at supplying consumers with top-quality natural mineral water. The firm’s other water bottling facility in Dodoni, close to Ioannina, northwestern Greece, began operating in 2001, its main activity being the bottling of 18.9-liter bottles. Sixty percent of the company’s total turnover is generated by the four aforementioned plants. The firm has carried out investments in excess of 30 million euro over the past three years. The firm’s business plan for 2014 included various investments. In 2013, the firm hired 250 young employees, all under 30, as an initiative aimed at offering social and economic support. Fur-thermore, the firm intends to offer 500 young Greeks practical work experience and training in 2016. Nestle exports two local products, Loumidis Papagalos Greek coffee, and Korpi natural mineral water. In 2012, total turnover at the firm reached 407 million euros, while profit after tax amounted to 22.4 million euros.

FOOD PRODUCTS

Industrial

172


SKL, Sklapanis Bros

Riding in Viotia valley

SKL is an agricultural trading and manufacturing company based in Livadia, some 130 kilo-meters northwest of Athens. Its facilities are located next to the railway station, on the main highway. Livadia extends to the edge of the Kopais basin, once the largest lake in Greece and nowadays a fertile valley with a long tradition in the production of grain and cotton. SKL is engaged in processing, storage and marketing of agricultural products, mainly cotton, corn and wheat. Besides absorbing the production of local farmers, the company’s agricul-tural store supplies them with all necessary farming supplies, such as seeds, fertilizers and pesticides. SKL’s assets, all privately owned, include a gin with annual capacity of 35,000 tons of seed cotton, considerable storage space measuring 30,000 square meters, some of which is ventilated, and grain dryers capable of processing 600 tons per day. During peak periods, the company employs more than 70 employees. SKL is a subsidiary firm of Sklapanis Bros SA, the main firm in a vertically integrated construction group whose dominance in the local market dates back to the early ‘80s.

GLEOUDIS N. “KAVEX” SA

88 years in tobacco intustry

GLEOUDIS N. “KAVEX” SA is one of the largest and most dynamic firms in Greece’s tobacco in-dustry. The firm’s activities entail collection, processing, production, and exporting of tobacco leaves. The company was founded in 1927 by Nicos Gleoudis in Thessaloniki. The company offers full repacking, storage and handling services, specializing in tobacco, from its modern complex, measuring 75,000 square meters, in Axioupolis, Kilkis, northern Greece. The company’s processing and warehouse facilities are located 70km north of Thessaloniki’s port, about 25km away from Greece’s northern border with the Former Yugoslav Republic of Macedonia (Fyrom). The company owns and operates a further two facilities, Kavex Elbasan SA, in Albania, and Ka-vex Balkan SA, in Fyrom. Moreover, the company maintains a global network of partners and provides various tobacco varieties from countries such Brazil, Argentina, Zimbabwe, Malawi, China, India, Pakistan, and Bangladesh. Although tobacco represents the company’s core business, it also maintains interests in bulk-carrier shipping, real estate and production of food stuffs.The company posted reduced total turnover and profit figures in 2013. Total turnover fell by 27% to 23.9 million euros from 33 million euros in 2012. Profit declined to 2.4 million euros in 2013 from 2.9 million euros in 2012, a 16% year-on-year reduction.

Contact detailsAgios Ioannis, Livadia, 32100, Viotia, GreeceTel.: +30 22610 27172Fax: +30 22610 27165Email: [email protected]: www.skl.gr

Contact details6-8 Fragon st, 54626, Thessaloniki, GreeceTel: +30 2310 536204Email: [email protected] Website: www.kavex.net

AGRICULTURAL ENTERPRISES

TOBACCO

Industrial

Industrial

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Contact details56 Gravias St, Piraeus, 18545, Greece.Tel: +30- 210-4060600.Fax: +30-210-4615211, 4612548.Email: [email protected]: http://www.koronakis.gr

KORONAKIS D. SA

Entirely Greek-owned, totally debt-free

D. Koronakis SA is the leading company in the manufacturing of ropes and wire ropes in Eu-rope and one of the largest companies worldwide. D. Koronakis SA was established in 1967 by company founders Eleni and Dimitri Koronakis, who are still actively involved in the enter-prise’s management. Since its very beginning, the company was driven by a spirit of innovation in both management and product development. Its product range includes ropes, wire ropes, mooring ropes, combination ropes, and yachting ropes, all produced in Greece and recognized worldwide for their top quality and technical performance. In addition to the products devel-oped locally, the company maintains a large stock of anchors, anchor chains, rigging gear, fiber slings and various other accessories that meet client needs. Above all, D. Koronakis SA has focused on customer satisfaction, providing not just products but client service as well. In or-der to be able to respond immediately to client needs, the company has worked with them to develop technologically advanced products after having spent large amounts of time and re-sources in Research and Development. The company’s manufacturing quality was quickly rec-ognized, including by Lloyd’s. In order to enhance its quality control processes, the company has installed an electronic testing bench of 500T capacity and 40m length. In 1996, the compa-ny was awarded an ISO 9002 Certificate, followed by an ISO 9001:2008 Certificate that focuses on R&D, improved manufacturing skills, innovation production lines and quality assurance. The company has grown along with the needs of its clients. For this purpose, D. Koronakis SA has focused on building a strong network of international stock centers (depots) in key locations around the globe. In order to provide swift delivery of goods, the company has expanded its depot network to cover all continents. Locations include Livorno, Hamburg, Rotterdam, Ant-werp, Tarragona, Algeciras, Barcelona, Shanghai, Singapore, Dubai, Fujairah, New York, Los An-geles, Houston, New Orleans, Dominican Republic, Panama, Cape Town and Durban.The KORONAKIS company is 100% Greek-owned, and privately held by its Greek managers and directors, who are fully involved in its day-to-day management. It is an 100% debt-free com-pany with a strong financial standing and large capital liquidity. The company offers 24-hour service, 365 days per year, on all continents.

METAL PRODUCTS

Industrial

174


Contact detailsAvlona Industrial Park, Draseza, 19011, Attiki, GreeceTel: +30 22950 29371Fax: +30 22950 29373www.vitogiannis.gr/

Astir Vitogiannis Bros SA

Astir: Paving its way to success with nothing left to chance

Since its establishment 60 years ago, ASTIR has grown to produce billions of bottle caps and serve customers around the world.The company takes pride in its activities and, based on the fine leadership of its third-genera-tion administration, is optimistic for the future and its potential for further growth in the global market. It also maintains a very reputable local presence that is contributing considerably to the Greek economy. Over 90% of the company’s output is exported to thousands of breweries and soft drink bot-tling companies in more than 45 countries, from New Zealand to California. In 2015, the com-pany continued to experience double-digit growth and, for a seventh consecutive year, posted excellent financial results featuring increased revenues for yet another fiscal period. ASTIR continues to invest in advanced technological equipment and applying the highest quality standards and procedures. The company has remained dedicated to its fundamental principles concerning customer service and satisfaction, uncompromised high-end produc-tion, environmental sensitivity and social responsibility. With the undisputed and priceless contribution of its dedicated staff - personnel mobility is at zero - ASTIR is nowadays strategi-cally positioned and recognized as one of the world’s largest and most reliable cork manufac-turers. ASTIR is headquartered in Avlona, slightly north of Athens, at its extremely modern and ef-ficient manufacturing plant. The company, which also operates two additional production plants in Canada and Egypt, supplies some of the world’s largest companies in the bottling industry such as Heineken NV, Coca Cola Company, Carlsberg Group, SAB Miller, PepsiCo Intl, and Ab-Inbev.

METAL PRODUCTS

Stelios Vitogiannis

Industrial

175


Contact detailsKorinthou 20125 100, AeghioTel: +30 26910 22410Fax: +30 26910 26732Email: [email protected] Website: http://www.pesunion.gr

Contact details7 Stratigi st, Neo Psychico, 15451, GreeceTel: +30 210 672 8610Fax: +30 210 672 8624Website: http://theon.com/ Email: [email protected]

FOOD PRODUCTS

VARIOUS PRODUCTS

Commercial

THEON SENSORS SA

Greek supplier of defense equipment

THEON Sensors was established in 1997 by a group of experienced professionals in the field of electro-optics. The company is located on privately owned land measuring 4,000 square me-ters with facilities measuring 1,200 square meters in Koropi, not far from Athens International Airport, with enough surrounding space for further growth. The company has developed into an internationally recognized developer and manufacturer of night-vision products currently being used by a wide number of Armed Forces around the world. The development and manufacturing of company products is performed in-house and the company’s main activities fall under two divisions: Electro-Optics and Micro-Electro-Mechani-cal Systems (MEMS).While THEON Sensors is the main supplier of Night Vision Equipment to the Greek Army, an international network of customers and partners has also been established. In fact, THEON Sensors supplies its systems to Armed Forces and Police in twelve countries around the world out, including six NATO members. In addition, THEON Sensors cooperates with renowned ve-hicle manufactures from around the world supplying Night Vision Driver Viewers for armoured vehicles and main battle tanks.THEON Sensors personnel are experienced professionals, who accumulate decades of experi-ence in the design, development, manufacture and integration of electro optic products for defense applications. The company’s range in product and services includes night-driver view-ers for armored vehicles, modification kits for upgrading night driving periscopes, night-vision weapon sights, night-vision monocular sights, optical and mechanical design, and mainte-nance services.

Agricultural Cooperatives Union of Aeghion

Greece’s main currant export company, representing approximately 60% of country’s annual production.

The Raisin Cooperatives Union was established in Aeghio, northern Peloponnese, in 1918 when the rural cooperative idea and activity was established in Greece. The Vostizza Raisin Bank was established in 1923. The two associations merged in 1935 to form the Agricultural Cooperatives Union of Aeghion (ACUA).The main activity of the new union was to collect and trade the raisins of member-producers. In 1948, the first raisin production facility was established on the coast of Aeghion, leading to “Vostizza” currant processing and exporting activity to Europe. Exports of regional citrus fruits and olive oil also began to develop. Thanks to the work of ACUA, the “Vostizza” Currant was recognized as Protected Designation of Origin product (P.D.O.) in 1998. Nowadays, ACUA collects, packs and exports “Gulf” κand “Pro-vincial” currant varieties and is Greece’s main currant export company, representing approxi-mately 60% of the country’s entire annual production. Moreover, ACUA manages approximate-ly 90% of the “Vostizza P.D.O.” high quality currant. Its industrial activities are developed at the cooperative’s privately owned complex where raisin, olive oil and citrus fruit processing is car-ried out. The cooperative’s modern production facilities, equipped with state-of-the-art sorting devices, comply with the strictest food industry specifications and meet all modern health and safety standards as well as the most demanding standards of the biggest foreign industries. ACUA SA has grown to approximately 200 specialized employees involved in its industrial daily activities. In 2013, ACUA SA posted a 14% increase in total turnover to 24.5 million euros from 21.5 million euros in 2012. Net pretax profit fell slightly, by 2%, to 737,000 euros in 2013 from 748,000 euros a year earlier.

Industrial

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Contact details13 Oryzomylon St, 122 44, Egaleo, AthensTel.: 210 5443971Fax: 210 5619287E-mail: [email protected] Website: www.alchimica.gr

Alchimica SA

Worldwide presence

ALCHIMICA SA is a dynamic company specializing in the development and production of chemicals for the building industry as well as other industries.For over 30 years, ALCHIMICA has successfully provided products and services to architects, engineers, home builders, contractors and building owners worldwide. Its one and two-part polyurethane systems have a proven track record of high performance in numerous presti-gious construction works around the world.ALCHIMICA is a company with a strong tradition in innovation, investing heavily in research and development and constantly striving for new levels of excellence. This enables it to con-tinuously introduce new technologies to the global market and, as a result, open up new op-portunities, not only for the company, but also for its partners and distributors. Slowly but with determination over three decades, Alchimica succeeded in establishing a worldwide reputa-tion strongly linked with quality, innovation, technical leadership and ethics.Alchimica’s product portfolio is vast and continuously increasing, in line with the industry’s needs. All Alchimica products are based on proprietary technology and knowledge offering the company a great advantage as far as flexibility and economics are concerned.Company products are applied to a range of projects from drinking water reservoirs, huge water desalinization plants, bridges, irrigation channels, hydroelectric plants, airports, and train tunnels to a simple private roof. Alchimica’s best-selling export item, “Hyperdesmo”, has become a staple for projects and is referenced in the industry worldwide.The company’s R&D department is strong and includes ten chemists and chemical engineers, including three PhDs.Well equipped labs and pilot plants are available for the development of new products. The company’s state-of-the-art production and logistic facilities, its well located plants, and strong distribution network all combine to substantially increase its level of competiveness.

CHEMICAL PRODUCTS

Chris Krimizis Tsatsoulis

Industrial

177


ROUSSAS SA

Production capacity of 10,000 tons of cheese and 80,000 liters of milk

Roussas dairy was founded in 1952 by the Roussas family and, over the years, has remained solely dedicated to feta cheese production. The company has remained true to traditional product methods to sustain product authenticity. The company recently relocated to a state-of-the-art production plant in Almyros, central Greece. The dairy company’s annual capacity, after a total of three expansions, nowadays exceeds 10,000 tons of cheese, while its processing capacity for sheep’s milk is 80,000 liters per working shift. The company’s product range includes feta cheese (protected designation of origin), organic feta (p.d.o.), goat cheese, organic goat cheese, kaseri cheese (p.d.o.), kefalograviera cheese (p.d.o.) kefalotyri manouri cheese (p.d.o.), strained yoghurt, anthotyro cheese, myzithra cheese, and feta spread. All company products are made exclusively from pasteurized sheep and goat milk, derived primarily rom the surrounding mountainous regions. Milk is collected through a privately owned integrated milk collecting network. Dealing in the local and international market, the company offers a wide range of packaging forms that meet most customer requirements, such as 100g vacuum of M.A.P. packs, retail and catering packs with brine or oil, bulk 15kg tins, and 60kg wooden barrels. The company is certified with ISO 9001, ISO 22000, IFS and BRC standards, while its products are considered the benchmark in Greece’s cheese industry. All p.d.o. products are certified by AGROCERT, while the company’s organic products are certified by DIO.Nowadays, Roussas exports over 90% of its annual production around the world to the USA, Canada, Europe, Africa, Asia, Australia, the Middle East and Far East. Its feta product is re-nowned for its astounding quality and is sold as “Roussas” in Europe, “Mt Vikos” in the USA and Canada, and “Mt Athos” in Australia and Asia.

SEKE SA

Major tobacco cooperative of international reach

The Union of Tobacco producers in Greece (SEKE SA), a cooperative, was founded 62 years ago, in 1947, by political leader Alexandros Baltatzis. Drawing inspiration from its first chairman Dimitris Petalotis, along with valuable guidance from Vasiliis Ilatzis and Dimitris Koynatiadis, general managers at SEKE SA, as well contributions from workers, SEKE was established as one of the most recognizable tobacco processing industries worldwide.The cooperative is engaged in the marketing of processed tobacco leaves, undertakes and executes orders and supply of tobacco leaves, and is involved in the industrial processing of tobacco and the marketing of produce. SEKE SA owns large tobacco stocking plants in Thes-saloniki and Xanthi, whose capacity reaches 25,000 tons. SEKE SA owns two separate tobacco processing plants in Xanthi, northeastern Greece, one for an Eastern Tobacco Type with a pro-duction capacity of 8 tons per hour (64 tons per 8hour-shift) and one for the a Foreign Tobacco Type with a capability to process 3.5 tons per hour (28 tons per 8hour-shift).SEKE employs over 430 workers, fifty-five of these on a full-time basis, and 375 on a seasonal basis. The cooperative’s full-time staff is scientifically and technically trained. SEKE allows all tobacco manufacturers to process, store and maintain produce at its privately-owned plants in Xanthi. The company provides ultramodern plants and equipment along with its highly trained team. A high quality of services is ensured by the ISO 9000:2000 /EN standard (System of Guarantee of Quality) applied by the company applies. The firm markets the Basmas, Katerini, Virginia and Organic Tobacco types. SEKE has established a very good reputation among in-ternational tobacco industries. It regularly supplies tobacco to major industries such as PHILIP MORRIS, J.T.I., KT & G, Tobacco Monopolies of North Africa (Eastern Co-Egypt, RNTA-Tunisia, SNTA-Algeria, European Tobacco Industries, and SEKAP SA.

Contact details37 Makedonias 15669 Papagos, Athens, Greece Tel: +30 2106775220, +30 2106775355Fax: +30 2106773618Email: [email protected]: http://www.roussas.gr

Contact details2nd km Xanthi-Petinos national highway, Xanthi, 67100, Tel: +30 2541069600Fax: +30 2541020095Website: http://www.sekesa.com

FOOD PRODUCTS

TOBACCO

Industrial

Industrial

178


Contact details95 Marathonos Ave, Pikermi, 190 09, AttikiTel.: +30 210 6039326-9Fax: +30 210 6039300Email: [email protected]: http://www.elpen.gr

ELPEN SA

Focused on quality, pioneering activity, export orientation

ELPEN, one of the leading Greek pharmaceutical industries, has operated and evolved over the past 50 years. ELPEN’s success in Greece and the international market is based on the compa-ny’s unswerving dedication to applying the most rigorous of standards during all stages of the production process for all products. This commitment to quality has been assisted by ELPEN’s research activity.ELPEN currently operates the largest privately run research laboratory in Greece, equipped with all the necessary aspects for new and innovative medicines.After 18 years of operation, ELPEN’s Research and Experimental Center has constantly proven to be a pioneer in experimental - applied biomedical research and education, and is one of the largest applied biomedical research laboratories in Eastern Europe and the Mediterranean, with facilities suitable for the implementation of demanding projects. The center is equipped with the latest equipment and personnel that is trained and certified according to interna-tional standards.Today, ELPEN has a very broad list of drugs in major therapeutic categories (respiratory, car-diac, central nervous system, antibiotics, iron), but rather that rely on these and remain com-placent, the company is constantly searching for new product additions. Quality and leadership stand as the pillars of ELPEN’S export-oriented policy. ELPEN has imple-mented a three-year investment program for further modernization and expansion of quality control and production facilities, and has placed emphasis on further integration of special-ized production sites for respiratory system treatment and special liquid forms and lyophilized drugs. The company’s Elpenhaler product, an innovative inhalation device invented by the company president Dimitris Pentafragas, which carries international patents in more than 100 countries, stands as the best example of ELPEN’s quality, innovation and successful presence in the Greek and international markets. In 2014, the company’s ongoing rise was confirmed by three major prizes awarded to the com-pany. ELPEN won an “Increasing Employment” award at the annual “Diamonds of The Greek Economy 2014 - The Country’s Most Robust Enterprises”. It was also honored with a “Research and Technological Development” by the Athens Chamber of Commerce and Industry, while the company president also received an award from the Greek Society of Pharmacology and Clinical Pharmacology for his achievements produced through dedicated, long-term research. The company nowadays exports thirty formulations of high therapeutic value, maintains an active presence in 27 European countries and 60 worldwide, continues to invest abroad, oper-ates two subsidiary firms in Germany and Sweden, while the ELPEN Group employs over 840 persons. ELPEN employs 630 of these. The company is recognized internationally, which serves to highlight that dedication to quality, innovation and extroversion unfailingly produces re-sults.In 2103, ELPEN’s total turnover reached 112 million euros, from 115 million euros in 2012. Profit reached 14 million euros, from 4 million euros a year earlier.

PHARMACEUTICALS

Theodoros Trifon

Industrial

179


Contact details18th Thessaloniki-Kavalas, Kavalari, 57200, PO Box: 106, GreeceTel: +30 23940 20440 (5lines)Fax: +30 23940 52733Email: [email protected]: http://www.marmorsg.gr

Marmor Kamin S.A

Initiating projects worldwide

In 1981 in Thessaloniki area, Athanasios Antoniadis and Ioannis Sachanas founded the parent company “Marmor Kamin S.A”, a modest enterprise that processed marble and manufactured fireplaces. Through hard work, specialized craftsmanship and market knowledge, the com-pany established became well-known. The first exports began in 1990 to Russia, Cyprus and Belgium. Ever since, constant developments and investments under the new name of “Marmor SG SA”, led the company to its new headquarters, a privately owned 50.000 m² plant in Kavalari Thessaloniki.In 2004 Yiannis Antoniadis, took over the leadership of the company as President & CEO. Being inventive and with a “fresh” perception of the market evolution he organized the company’s further growth through innovative business planning with constant rises in turnover and prof-its. He focused on a strategic extroversion and the buildup of a global network and managed to place the company among the world leaders, under the trading name “Stone Group Interna-tional”.Since 2008 the company has been constantly investing & developing new products and inno-vative production methods adding surplus value & credibility to its general image.The investment forecast for the next three years includes the creation of a new Thematic Busi-ness Park as an operational link between all production lines and administration, in the most ergonomic way. This plan encompasses the best mechanical equipment, specific facilities for staff, clients and visitors, better product supply efficiency, transportation cost reduction with easy access to all major arterial roads.Our plant in the Kavalari Industrial Area, covers 12.000 m2 of the 50.000 m2 company prem-ises. It includes the Administration Offices, three Production Departments, a Project Manage-ment Department, an Art Craft Atelier, six sheltered and five outdoor Warehouses for blocks, slabs and tiles of white marbles, granites and natural stones.Using their in-depth knowledge, the procurement team ensures the high quality level of raw materials under the constant material inspection. Fundamental tools are: Material Database, Barcode System (Architectural and Project Software), Slab Classification by means of slab by slab Pictures, labels and the like.On the other hand, the Logistics Department serves a complete process involving the integra-tion of material handling, inventory, packaging and transportation. The company is stationed in Athens with a branch for the benefit of the clients in Southern Greece, the Prefecture of At-tica and the Greek Islands, providing constant supply on a daily basis. Company’s subsidiaries extend to Romania, Albania, Turkey and Egypt.

NON-METALLIC MINERAL PRODUCTS

Industrial

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VITOM SA

Supplying major industries CHB began operating in 1955, when it started exporting fresh Greek fruit, primarily citrus fruit, to other parts of Europe. As a producer of concentrated citrus juices, over the years it added fruit puree peach, apricot, pear and grape juice production to its portfolio.In 2004, the company’s owners, the I. Christodoulou family, acquired VITOM SA, a company spe-cializing in the production of canned fruit over many years. The acquisition established CHB as one of the world’s largest producers in the sector. Production capacity doubled as a result. Also in 2004, the company began producing peach cubes in aseptic packaging.CHB went on to begin producing fruit juices for private label products, by installing two Tetra Pak production lines, as well as production bases and mixtures of juices. The company also added three new products, apricot pulp (apricot pieces in aseptic packaging), as well as concentrated and clarified apricot and peach juice. The VITOM factory, located in Thessaloniki’s Koufalia area, is primarily active in the production and marketing of canned fruit, fruit puree, cubes and fruit juice concentrates. It is equipped with specialized machinery, including bottling facilities for various types of juices (in TetraPak packaging and PET), and holds all the necessary certificates for bottling organic juices. The factory is located at a company-owned plot of land measuring 80,000 square meters, while the facility’s sheltered space covers 18,000 square meters. The company is specialized in fruits and products derived from them. It markets peach, orange, apricot, apple, pear, lemon, cherry, grape, kiwi, plum, pomegranate, carrot and grapefruit, and also produces juices, preserves, syrups, essences, fruit preparations, blends and fruit bases, tea extracts, organic products and diced fruit peels. The company’s products are used in several food sectors - fruit juice and soft drink industries, milk, ice cream, bakery, preparation of jams, baby food, perfume industries and private label products.

Contact detailsR. R. Station - PO Box 35, Veria, GreeceTel: +30 23310 22774, 23774, 24373Fax: +30-23310-26974Email: [email protected]: http://www.alexander-canning.com

Contact details29 Paradisou, Marousi, 15125, AthensΤel: +30 210 6836860 Fax: +30 210 6836850 Email: [email protected] Website: http://www.chb.gr

FOOD PRODUCTS

FOOD PRODUCTS

ALEXANDER SA

Producer of Canned and Concentrated Fruit pureesALEXANDER is a modern, privately owned Greek industry which, from its foundation, 30 years ago, until 2005, produced canned fruits, exclusively, exporting its production all over the world.As of 2006, ALEXANDER branched out into the production of heat treated goods (HTST) in aseptic packaging, such as concentrated peach and apple puree, with the prospect of expand-ing into other fruits. For this reason, the company developed an ultramodern, aseptically treat-ed, puree production facility. The HTST method is based on a revolutionary innovation in the field of food technology, mainly in the field of liquid and fluid food products, as it offers prod-ucts of high quality regarding appearance, taste and nutritional value. It is a fully automated method, through all productions stages, leading to products of optimal quality.ALEXANDER’s modern plant is situated in Veria, northern Greece. Starting off as a small can-ning industry in the ‘70s, the enterprise has evolved into a modern industrial unit linked with an international group of customers and outstanding partners.The company is active in the production and trading of canned peaches - standard, good stan-dard and choice quality, of various cuts, cups, slices and dices, in various package sizes. It also produces and trades fruit cocktail using four or five fruits, canned apricots, peeled and unpeeled, concentrated peach puree, concentrated apple puree, as well as single Strength apple puree. ALEXANDER has developed a management system for hygiene and safety of foods (HACCP) through all levels of the production. The company also holds certification for System Compli-ance and Quality Assurance Certificate, based on the ISO 9002:1994 model, while it has also upgraded the System Compliance and Quality Assurance Certificate, based on the ELOT ΕΝ ISO 9001:2000 model.

Industrial

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Contact detailsLivadi, Lixouri, Kefalonia, 28200, GreeceTel: +30 26710 92600Fax: +30 26710 94161Email: [email protected]: http://kefish.gr/

Kefalonia Fisheries SA

Global pioneer in fish farming

Kefalonia Fisheries SA is located on the island of Kefalonia, the largest of the Ionian Islands, western Greece. Kefalonia Fisheries was founded in 1981 by Marinos Yeroulanos, a fourth generation Kefalonian. His aim was to find a way to safeguard the traditional way of life of the fishermen of the island through aquaculture. Kefalonia Fisheries was the first farm established for the production of Mediterranean Sea Bass (Dicentrarchus labrax) and Sea Bream (Sparus auratus) in Europe and is regarded as a world-wide pioneer in the production of these species.The operation’s fish are raised in the deep, crystal clear waters of the Ionian Sea, with a mini-mum of handling or interference. They are hatched on its farm from brood stock especially selected for its taste and quality. At present, Kefalonia Fisheries employs 100 persons, produces and sells eight million fry and over 3,000 tons of first quality Bass and Bream per year, including Bass of more than 1 kilo. Its annual sales typically exceed 20 million euros, while exports repre-sent over 80% of its production, mainly to France and Italy, as well as Spain, Portugal and the UK, even the USA. The company’s products can be found in over nine countries. Kefalonia Fisheries was the first Greek farm to export its products to Italy as well as other coun-tries in Europe, and has maintained ties with the same clients for over 20 years, based on trust. The company’s objective has always been to build honest and long-term business relation-ships through exceptional customer service, complete transparency and by unfailingly deliver-ing the freshest best-quality products.Aquaculture is a continuously evolving industry. Kefalonia Fisheries constantly strives at becoming an even better producer while also assisting with the sector’s development. It par-ticipates in research projects funded by both the European Union and Greek government, thereby sharing its fish-farming know-how accumulated over many years, while also putting into use the scientific expertise of its employees, who propose innovative ideas for the sector’s future development. Total turnover fell by 7% in 2013 to 23.8 million euros. Net pretax profit increased by 57% to 1.5 million euros in 2013.

FOOD PRODUCTS

Industrial

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Kafantaris – Papakostas SA

Drastically improved results

The company owns and operates a ginning factory in Karditsa, Thessaly, as well as an oil mill factory in Schimatari, Boeotia. It is one of the oldest in its field in Greece, and, over the past fifty years, has developed a reputation for consistent quality of its products among its internation-al and domestic clients. The company ships and delivers worldwide. At its ginning mill facility in Karditsa, the company produces about 10,000 tons of lint cotton per ginning season. The mill is equipped with state-of-the-art ginning equipment acquired from the Consolidated Cotton Gin Co., Samuel Jackson Inc. Most of this cotton production is exported, mainly to EU countries, Eastern Europe, the USA, Turkey and the Far East. The com-pany strives to establish steady business ties built on customer satisfaction.The company produces refined, bleached, deodorized cotton seed oil, which means it is ready for consumption. It is ideal for cooking and baking. Annual production amounts to about 2.000 tons and comes in a variety of packaged options. The company has been awarded an ISO 9001:2000 quality certificate by TUV HELLAS, a member of the Rheinisch-Westfalischer (RW) TUV GROUP. The production of cotton seed oil is monitored according to the certificate’s qual-ity standards. The company also applies internationally recognized HACCP food-safety proce-dures for its cotton seed oil production. Also, Kafantaris-Papakostas SA offers Cotton seed cake, whose annual production reaches 15.000 tons.The company posted drastically improved financial results in 2013. Operating amid an unfa-vorable recession-burdened environment, its total turnover increased by 63%, from 18 million euros in 2012 to 29.9 million euros in 2013. The company managed to reduce its losses by 82%, from 1.8 million euros in 2012 to 328,000 euros in 2013.

KAMARIDIS GLOBAL WIRE SA

Work local, think global

KAMARIDIS GLOBAL WIRE SA prides itself as one of Greece’s largest polyurethane panel pro-ducers as well as most modern and largest producers of Black & Galvanized wires & Construc-tion Nails. The company was founded in 1976 as a trading company. In 1990, it began manu-facturing formed steel products for the construction of steel fabricated buildings.In 2003, the company began producing thermal insulating polyurethane PUR & polyisocyan-urate PIR panels for industrial facilities and cooling chambers, as well as rockwool fire resistant panels, all at its ultramodern facilities. KAMARIDIS GLOBAL WIRE SA’s production capacity amounts to over 90,000 tons per year, supplied both locally and in the international market. Over the past decade, the company has managed to achieve recognition in both the Greek and international market. At present, it exports 60% of production to 40 countries on all five continents, leading the company to levels that rank it among Greece’s largest and strongest companies, based on ICAP Business Services Group data. KAMARIDIS GLOBAL WIRE SA currently exports to Europe, the USA, Africa, the Balkans, and Middle East. The company anticipates its growth will accelerate in the future, especially in fast-growing economies such as those of Libya, Sudan, and Paraguay. The company’s head offices and production facilities are located along the Thebes-Athens national road, on the outskirts of Athens, on a privately owned plot of land measuring 190,000 square meters. The facilities cover a total of 27,000 square meters in floor space.

Contact details10th km Karditsa-Larisa Rd, P.O. Box 31, Karditsa 43 101 , GREECETel: +30 24410 61464, 61270, 61502Fax: +30 24410 62070Email: [email protected]: http://www.kafpap.gr

Contact details4th km Thebes – Athens national highwayThebes, 32200, GREECETel: +30 2262 0 26766Fax: +30 2262 0 25323Email: [email protected] Website: www.kamaridis.gr www.globalwire.gr

COTTON

METAL PRODUCTS

Industrial

Industrial

183


Contact detailsMegaridos Aspropirgos, 193 00 GreeceTel: +30 210 5595084Fax: +30 210 5596497Email: [email protected]: http://www.emek.gr

EMEK SA

Company profit skyrockets 316% in 2013

EMEK is a Greek steel manufacturer and construction company offering a wide range of ser-vices internationally, including steel manufacturing and civil engineering works in the fields of energy, wind-tower fabrication, industry and commercial building construction.EMEK SA and EMEK ATE EMEK SA were established in 1965 by Michael Hatzistamatis as a personal enterprise that undertook hydraulic installations. In 1979, it became a partnership with the participation of two new partners, George Patitis and George Athanasoulas, both former company employees. The company was based in the Peristeri district, west Athens. In 1979, the company relocated to more spacious facilities measuring 1,000 square meters in the Aspropyrgos area, slightly west of Athens. The company’s operations focused exclusively on the construction and installation of metal-mechanical projects. At the same time, part of the company personnel was trained in the maintenance of heavy industry machinery. In 1990, the company became a Societe Anonyme under the name EMEK SA, posting significant growth. Furthermore, the construction company BIEXOP SA was established as the construction arm of EMEK SA (100% owned), whose personnel engages in the construction and maintenance of mechanical equipment for various industries. The new EMEK SA factory (100% owned) became operational in 1990, covering an area of 17,000 square meters, of which 4,500 square meters are sheltered, with 12 bridge cranes, modern equipment, as well as modern offices and design department. In 1994, EMEK SA’s current form was established through a merger between EMEK SA and BIEXOP SA. Today, the EMEK Group of companies is housed in 9.500 sq. m. facilities on land measuring 31,000 square meters. EMEK employs a well-trained team 130 engineers, weld-ers, technicians and other trades, on a full-time-basis. EMEK is in a position to take on a wide variety of projects courtesy of its experienced and specialized personnel and company know-how. The company is equipped with the latest tech-nological equipment along with modern CAD-CAM systems and, therefore, can deal with all engineering issues concerning metallic constructions. EKMEK SA ended 2013 with favorable results. Company sales rose by 26% to reach 24.8 mil-lion euros from 19.6 million euros in 2012. Net pretax profit was the company’s biggest gainer. The company managed to overturn losses of 316,000 euros in 2012 into a net pretax profit of 685,000 euros, a 316% increase.

METAL PRODUCTS

Industrial

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Contact Details26 Pappou & Akragantos, 10442, Athens Tel: +30 210 5197800Fax: +30 210 5197859Website: www.misko.gr, www.barilla.gr

BARILLA HELLAS SA

Innovation and long heritage the company’s greatest assets

Barilla Hellas’s origins date back to 1927 with the establishment of MISKO in Piraeus. In 1991, the company became part of the Barilla Group, trading the group’s products in the Greek mar-ket (Barilla pasta & sauces, and bakery products). In 2000, the company launched a cutting-edge production facility in Eleona (Voiotia Thebes), the third largest such facility in Europe. In 2001, a mill in Volos, mid-northeastern Greece, which grinds 63.000 tons of domestic wheat every year, was added to Barilla Group. Placing particular emphasis on sustainable development, Barilla Hellas incorporates the group’s values into its local operation. The company factory in Eleona produces 55,000 tons of pasta products, annu-ally, made using wheat produced by more than 5,500 Greek farmers. The factory’s operation is aligned with the group’s strict environmental standards, while a continual effort is made to keep lowering its environmental impact. The company employs over 200 persons at present and, despite the financial crisis in Greece, Barilla Hellas holds the leading place in the pasta market as well as the pasta sauces market, with market shares of 45% and 65%, respectively. The company also exports to many countries around the world. In 2012, Barilla Hellas invested an estimated 2.5 million euros, while the Bari-lla Group has invested nearly 70 million euros into its Greek operations ever since entering the local market. Barilla Hellas constitutes a significant business hub and administrative center of Eastern Eu-rope for Barilla Group and is responsible for implementing the strategy of the largest pasta industry in the world, BARILLA S.p.A., in a cluster of 19 countries in Eastern Europe.The Barilla parent company has a history that stretches back 137 years, beginning in 1877 with a small family-run business in Parma, northern Italy, headed by Pietro Barilla, producing bread and pasta products. The group is managed by the Barilla family, with the enterprise’s fourth generation, the Barilla siblings Guido, Luca and Paolo, at the helm. The firm operates 30 production sites around the world, located in various countries, including the USA, Mexico, France, Germany, Greece, Russia, Turkey, and Sweden. The group produces over 1.7 million tons of food products annually. It employs over 8.000 persons and markets 1.000 different products that are distributed to 100 countries. In 2012, the group’s sales amounted to €4 billion, profits reached €60 million and the EBITDA figure reached €433 mil-lion. As for the Greek subsidiary, its financial performance in 2012 remained steady compared to the previous year’s results. Turnover was approximately €74 million and profits reached about €3.5 million. As was noted by Mr. Spiliopoulos, the Greek subsidiary’s Managing Director, “this profit level was nearly half of the figure posted in 2010, when profit reached €6.8 million.” According to Mr. Spiliopoulos “the firm intentionally sacrificed a significant part of its profit to maintain its sales levels. About 40% of the aforementioned turnover figures concerns exports.”

FOOD PRODUCTSBlu Barilla

Pantone 280

George Spiliopoulos

Industrial

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Industrial

Industrial

Industrial

HAITOGLOU BROS SA

Exports to over 50 countries over the past 40 years

The HAITOGLOU BROS SA food industry was founded in 1924 in Thessaloniki, Greece , by a family of refugees bearing the same name. Initially, the company was a small family business in the center of the northern city. Today, after a presence of over eighty years, the company headquarters are located in the Kalohori area of Thessaloniki. The company’s facilities measure 170,000 square meters, of which 67,000 thousand comprise covered structures. The company produces traditional Greek products, perfectly integrated in the Mediterranean Diet.The company has two state-of-the-art production units, one for sesame processing and the other for the production of halva. Particular attention has been given to the use of cutting-edge technology for the achievement and maintenance of consistently high quality in the fin-ished product. At the same time, traditional production methods have remained active, wher-ever this is deemed necessary in order to maintain the authentic character of these products. The company’s fully equipped quality-control laboratories make it possible to effect continu-ous controls, both of raw materials and finished products.In addition to sesame products, the company is active in the production of a whole range of other products. Jams, praline spreads, loukoumi [Turkish delight], and confectionary products, complete a long list of food products available to consumers.The company employs an average of 400 employees. Through its highly-organized sales net-work, the company’s products are distributed to even the most remote parts of Greece, which has helped establish a very high market share. Also, Macedonian Halva and other company products are exported around the world, serving as excellent ambassadors for Greece. Approx-imately 50% of the company’s overall production is exported to the USA, Canada, Australia, other European Union member states, Russia, eastern Europe, the Middle East and Asia.

THRAKIKA EKKOKISTIRIA S.A.

Processing 40,000 tons of seed cotton, annually

THRAKIKA EKKOKISTIRIA is located in northeastern Greece, slightly beyond the provincial city of Komotini. Founded by two families, the Kouroudis and Kitsios families, the company was launched in 1972. In 1985, it changed its company legal status to the S.A. form. THRAKIKA EKKOKISTIRIA has enjoyed substantial growth over the past few years and nowadays is included among Greece’s one-hundred most profitable companies. As is the case with all Greek ginning mills, the company buys seed cotton from local growers and sells the raw cotton for its own account. The Komotini location, where the company is located, is renowned for it production of high-quality cotton. The company’s plant consists of three ginning mills in one overall facility. The first mill, built in 1972, gins hand-picked cotton on low-capacity machines. The daily production capacity of this unit is 200 bales (500 lbs./bale). The other two mills were constructed in 1989 and 1993, respectively. Their daily produc-tion capacity stands at 400 bales each. The company’s ginning capacity, which ranks as one of the highest in Greece, is able to reach annual production levels of 58,000 bales, which requires processing of 40,000 tons. However, in more recent years, the company’s annual production level has been restricted, as numerous new ginning mill ventures entered the market, which led to smaller shares of the total amount of available seed cotton ending up at mills. In other words, the reduced seed cotton supplies nowadays reaching the mills at THRAKIKA EKKOKISTIRIA do not suffice for the company to fully utilize its production capacity. The company has operated a seed oil mill since February, 1996. It processes 120 tons of cotton seed per day and produces 14.4 tons of crude cotton oil and 96 tons of cotton cake. It crushes not only the cottonseed that is produced in the company’s own ginning mill, but also the cottonseed that is bought from other ginning mills. The company’s facilities also include installations for drying cotton-seed in order to increase its storage potential, as well as machinery for the delinting of cottonseed.

Contact DetailsLordou Vironos, Kalochori, 57009, Thes-salonikiTel: +30 2310 389700Fax: +30 2310 751747 E-mail: [email protected]: http://www.haitogloubros.com

Contact Details4th km Komotini – Xanthi highwayPO Box 114, Komotini, 69100, GreeceTel: +30 25310 25035, +30 25310 24767 Fax: +30 25310 31002Email: [email protected]: www.thrakika.gr

FOOD PRODUCTS

TEXTILES

Industrial

Industrial

Λεωφ. Συγγρού 164, Καλλιθέα, 17671, Αθήνα Τηλ. Κέντρo: 210 88 47 420, Fax: 210 88 47 418E-mail: [email protected] / [email protected]

© Η.Ι.Τ. Α.Ε.Hospitality Integtrated Technologies

www.hit.com.gr24h/7d

Γνώση, Καινοτοµία και Εµπειρίαστην υπηρεσία της Φιλοξενίας

και της Εστίασης

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Industrial

Industrial

Industrial

STAFF SA

Staff jeans are Greek

STAFF was founded by John Dimoveli as a denim production company in 1992. By focusing on producing high quality denim, the enterprise swiftly became one of the leading denim pro-duction companies in Europe. Constantly developing its denim washing techniques, and using only the finest denim fabrics from Japan and Italy, STAFF took this knowledge and created its own brand of Staff Jeans. In the ‘90s, a difficult decade for the denim market, Staff Jeans quickly became a recognizable brand mainly because of its excellent quality, unique washes and creative advertising cam-paigns. Today Staff Jeans is leader in the Greek denim market and selling in more than 10 Eu-ropean countries, including ones with long fashion traditions, such as Italy, as well as countries where consumers have high purchasing power.In 2013, the company posted a 3.7% increase in total turnover, which reached 32.25 million euros. Net pretax profit rose by 4.5% to 2.5 million euros.

Iliaki Elaiourgia SA

Highly creative existence over 104 years

Iliaki Elaiourgia is an olive-oil company based in Epitalio, a small town in the Ilia prefecture, western Peloponnese. Back in 1910, founder Efthymios Tsaoussis built the venture’s first oil mill in the village of Makrissia, Olympia. Today, the company has been passed down to the third generation. The company meets all specifications set by quality-standard authorities and con-stantly strives to offer consumers products of the highest quality and nutritional value. It holds ISO 22000:2005 and AGROCERT P.D.O. certification. The company picks olives from olive groves located in the wider area of Olympia and semi-mountainous western Peloponnese. The enterprise’s olive oil quality stands out as a result of the highly appropriate local climate, which allows olive groves to avoid being subjected to irrigation and, naturally, the Koroneiki olive variety, one of the oldest olive varieties in Greece that produces high-quality olive oil rich in antioxidants and nutrients, with a fruity flavour and intense aroma. The Iliaki Elaiourgia company exports large quantities of extra-virgin olive oil abroad, both bulk and packaged, recipients including the USA, Panama, Russia, Germany, Switzerland, Serbia, Hong Kong, Romania and the Netherlands. Total turnover increased by 56% in 2013, to 18 million euros from 11.5 million euros in 2012. Net pretax profit shot up by 550% to 365,000 euros in 2013 from 56,000 euros in 2012.

Contact DetailsLarissa Industrial Zone, Larissa, 411 10, GreeceTel: +30 2410 541081Fax: +30 2410 541085Email: [email protected] Website:http://staff-jeans.com/

Contact DetailsEpitalio N.Ileias, Ileia - GreeceTel.: +30 26210-71116Mob. :+30 6936-898448Email: [email protected]: http://www.iliaki-elaiourgia.gr

APPAREL

FOOD – OIL PRODUCTS

Industrial

Industrial

188


Contact Details2nd km Psahna - Politika country road, Politika, Evia, 344 00 Tel: +30 22280 24735Fax: +30 22280 24113Email: [email protected]: http://www.palirria.com

Palliria SA

No 1 dolma producer worldwide

Palirria was founded in 1957, on the island of Evia-Greece as a privately owned business by the entrepreneur Antonis Souliotis. Its primary purpose was the production and distribution of traditional ready to eat meals for the Greek and International markets. PALIRRIA S.A. remained a personal business, until 1982, when it acquired a corporate form with the participation of Antoni Souloitis’ sons, Konstantinos and Vasilis. This corporate structure gave Palirria a potential that resulted in a leadership position in the Greek market. In 1989 the company began to invest in modern and technologically advanced facilities and new offices. The project completed in 1992 with the reallocation of its operations. Today, Palirria owns 3 fully manufacturing factory units and employs about 1400 people with highly qualified personnel. Having over 30.000 m² of facilities, Palirria has a production capac-ity of 17.000 tons per year. Additionally, the company has its own vineyards having in this way the capability to totally control the production of vine leaves which is the basic ingredients of Palirria bestselling product: dolma. Palirria’s product range is composed of 40 different codes that are based on traditional Greek and Mediterranean cuisine, with the basic product being dolmas (stuffed vine leaves). Specifi-cally, Palirria constitutes the No 1 dolma producer in the world and in its facilities produces more than 1.4000.000 dolmas per day. The most impressive is that this product is handmade. Except for dolmas, you can find in the Palirria’s portfolio many traditional greek meals in vari-ous packages such as cans, jars, plates or innovative plastic bowls , a wide selection of favou-rite Italian pasta dishes under the brand name Pasta Mia as well as a large variety of delicious frozen meals which are the best choices of Greek cuisine under the brands name My greek Meal and Today’s Special.Throughout the years Palirria enhanced its global presence and currently their products can be found in more than 40 countries around the world such as the USA, Canada, most European countries, the Gulf counties and Australia. Furthermore, it is noteworthy that the Palirria is being trusted to produce the private labels products of some of the largest retail chains worldwide.Always being committed to quality Palirria was one of the first Greek companies to implement ISO9001 (Quality Management Standard) in 1995 and to strictly adhere to HACCP in terms of safety during production in 1998. By investing in the most recent and modern production equipment Palirria’s facilities are amongst the newest in Europe. Additionally, the factory’s equipment is continuously upgraded and the personnel are constantly trained. Its contempo-rary quality assurance systems, highly qualified workforce, the careful selection of raw materi-als and thorough inspection at every stage of production process guarantee products of the highest quality.Palirria keeps on dynamically focusing on quality, innovation and customer satisfaction. Palir-ria’ s vision is to be the world’s ambassador of Meditteranean and Greek Cuisine. In that scope Palirria develops new product lines and customized products, constantly upgrades the visual identity and packaging of classic products making them more environmental and consumer friendly and opens new markets.

FOOD PRODUCTS

Vasilios Souliotis

Konstantinos Souliotis

Industrial

189


Industrial

Industrial

Industrial

Express Publishing

Teaching English for over 25 years

Express Publishing is an entirely independent publishing house dedicated to producing quality English Language Teaching materials. Founded in 1988, the company has enjoyed steady, rapid growth and currently has a list of over 2,000 titles, with sales in over 80 coun-tries worldwide. Uniquely among leading publishers, the company views English Language Teaching (ETL) not as just one department amid a larger concern, but as the single focus of its operations. Express Publishing’s publications cater to both adult learners and children, at a full range of levels, in US English as well as UK English. Publications for children include specialized courses and other material for very young learners, teenage beginners and so on. Express Pub-lishing’s course books are typically complemented by an audio CD for class work, a student’s CD for self-access study, a workbook with grammar, a teacher’s book and a test booklet.In addition, the company’s products list includes: courses and test books for exam preparation and practice; a variety of supplementary material (grammar, skills development, etc); a wide range of readers; CDs, DVDs, videos; and innovative, award-winning multimedia material. Εxpress Publishing is one of the world´s leading publishers of ELT materials, with sales in six continents. Its worldwide distribution network utilizes the local expertise of well over 100 on-the-spot representatives and experienced ELT consultants. The company posted a sales increase of 4% in 2013, to 21.7 million euros. Net pretax profit in-creased far more considerably, by 174%, to reach 1.2 million euros in 2013.

G.N.Frangistas SA

Export activity over the past 61 years

Gefra was established in 1953 by a decorated WWII veteran who, within a decade, had become the largest citrus exporter from Greece. With the 3rd generation at the helm and the fourth well on its way, Gefra is present in most European markets, continuously reaffirming its status of preferred supplier. Gefra can boast about full traceability, continuous residue testing and a quality-assurance team consisting of the best people in the field. The company owns three factories and one sales office. The citrus factory is located at Nafplio, northeast Peloponnese. The company’s grape packing facility is located in Kokkoni, Corinth, west of Athens. The wa-termelon packing house is located at Marathia, western Peloponnese. The central offices are located in Athens.

Contact Details9 Mac Millan Street, Athens, 111 44, Tel.: +30 210 212 0800Fax.: +30 210 201 5444Email: [email protected]: http://expresspublishing.gr/

Contact Details82 Vasileos Pavlou, Voula, 16673, Athens, Tel: +30 2109636380Fax: +30 2109607092Website: http://www.gefra.gr/

FOOD PRODUCTS

Industrial

Industrial

PUBLICATIONS – PRINTING

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Industrial

Industrial

ARI SA

One of the biggest cheese product suppliers to Germany

ARI is active in packaging and trading of feta cheese, various other cheese products, as well as table olives. Specifically, ARI supplies markets with feta, manouri, cheese spread, goat’s cheese herder’s cheese, as well as Kalamata olives, green olives and and black olives. ARI products are extraordinary cheeses with amazing aromas and taste and a unique texture. The special flavor and quality of these products results from the distinctive milk of Lesvos, tak-en from local sheep and goats grazing the island pastures, and the use of the company’s own recipes, honed to perfection over the last forty years.All the aforementioned products are also made available by the company through catering services. The company increased its total turnover and net pretax profit performances in 2013. Total turnover rose by 17.5% to 17 million euros in 2013 from 14.4 million euros a year earlier. Net pretax profit increased to 990,000 euros in 2013 from 792,000 euros in 2012.

SIDMETAL SA

One of the biggest recycling companies in Greece

The company Stavros and Dimitris Pantelidis Bros. was founded in 1960 for trading and pro-cessing of ferrous and non-ferrous metals. The sons of co-founder Stavros Pantelidis, a keen recycler, established SIDMETAL SA, a recycling company, in Thessaloniki in 1988. Exports of non-ferrous scrap metals such as aluminum, copper, brass, and stainless steel (Al-Cu-Br-St.St.) to steel industries and factories in Europe helped significantly in the development of the company and, in 2004, it relocated to new facilities on privately owned land measuring 17,000 square meters, in Thessaloniki’s Neohorouda industrial area. The company’s activities include trading and processing of all ferrous and non-ferrous metals. It applies sorting, baling, packing, cutting, slicing, and grinding processing procedures. The company has storage facilities in Athens, which are also used for trade of brass, copper and aluminum products. Scrap metal is also collected here and sent to Thessaloniki for further pro-cessing.The company’s majority of brass, copper, and aluminum products, such as rods, sheets, tubes, and wires, are imported from Europe, and are based on all international quality standards. These materials are redirected in the Greek market. The company’s processing procedures are based on international standards and specifications. It holds ISO 9001/14001 certification and, in order to ensure the highest quality, uses modern, highly sophisticated equipment, all handled by experienced and qualified staff members.

Contact DetailsLakkoma, Nea Kallikratia, 63080Tel: +30 23990 20127Fax: +30 23990 20129

Contact Details10th km Thessalonikis-Kilkis highway, Ionia, 57008, ThessalonikiTel: +30 2310 784.748, +30 2310 574998Fax: +30 2310 788.788Email: [email protected] Website: http://www.sidmetal.gr

FOOD PRODUCTS

RECYCLING

Industrial

Industrial

191


Industrial

Industrial

Industrial

KNAUF USG SA

Products that make life easier for builders

The company Knauf USG is active in the development of exterior-building systems, its AQUAP-ANEL cement boards introducing new standards to the design and construction of buildings. Knauf’s production is vertically integrated, from the gypsum material used and derived from its own quarrying activities, to the processing stage for integrated components (gypsum plaster-board). The company production plant is located in Amfilohia, northwestern Greece, in the Stano area, on a 100-acre plot of land featuring 13 acres of sheltered facilities. The company also operates a 180-acre gypsum quarry in the region. Its plant operates on a 24-hour basis with a significant proportion of production exported to the Balkans, the eastern Mediterranean, and north Af-rica.In 2013, the company posted a slight 2% drop in total turnover of 18.6 million euros, from 19 million euros a year earlier. Net pretax profit increased by 11%, reaching 2.6 million euros in 2013 from 2.3 million euros in 2012.

SIOURAS SA

Active olive exporter worldwideEstablished in 1926 with the exclusive purpose of producing top-quality Greek olives and veg-etables, SIOURAS SA is an entirely family-owned company. The company’s factory is located in the industrial zone of Volos, central Greece. Volos is one of Greece’s richest olive-producing regions, noted for its production between the renowned Pelion mountain and the sea. In 2000, the company built a new factory equipped with indoor, underground fermentation tanks and modern machinery, which, combined with a 75-member team of experienced per-sonnel, assures top quality for finished products. The facility’s annual capacity stands at rough-ly 8,000 tons of olives. Products are exported around the world, covering the USA, Canada, Europe, Australia, South America, the Middle East and Far East. Long-term associations have been established with major importers, wholesalers and supermarket chains in these markets. Siouras SA primarily trades olives (Kalamata, Green, Black and special olives), as well as olive paste and vegetables. The company offers its products in 3 different packaging options, for industrial, foodservice and retail use. The company is certified with ISO 9000, ISO 22000, BRC, IFS, C-TPAT, and FDA standards, while it is also able to provide KOSHER products. The company is supplied its raw materials by selected growers, all of which meet quality standards and specifications. The production line features critical control points (HACCP) for inspection of all procedures. All products carry production codes that can be used for traceability issues should any problem ever arise. A recall policy has been established with specific steps and insurance coverage. The company’s financial results remained steady in 2013. Total turnover slipped slightly, by 2%, to 17.1 million euros from 17.5 million euros in 2012. Net profit increased by 27% to 62,000 eu-ros in 2013 from 49,000 euros in 2012.

Contact Details10 Evripidou, Kallithea, 17674, Athens, Greece. Tel: +30 210 9310567Fax: +30 210 9310568Email: [email protected] Web: http://www.knauf.gr

Contact Details‘A’ Industrial Zone, Volos, 38500, GreeceTel: +3024210 91400-9Email: [email protected] Website: http://www.selia.gr

NON-METALLIC ORES

FOOD – OIL PRODUCTS

Industrial

Industrial

192


Contact Details1 Tagmatarhi Kostaki str, Eleousa45.110, IoanninaΤel: +30 26510 89700Fax: +30 26510 89707-08Email: [email protected]: http://www.dodoni.eu

DODONI SA

Market leader in P.D.O Feta cheese

DODONI was founded in the city of Ioannina, northwestern Greece, in 1963. Back then, the operation was a small pasteurization unit catering exclusively to the needs of locals, collecting cow milk from small regional farms. Today, half a century later, DODONI has become one of the leading dairies in Greece, and the market leader in P.D.O Feta cheese. DODONI is the leading manufacturer of authentic FETA (P.D.O.), which is produced exclusively from fresh pasteurized ewe’s and goat’s milk. The company’s commercial success has widely contributed to Greek society. DODONI absorbs the annual milk production of over 5,000 dairy farmers in the region, while also offering them support through scientific methods and advice all year round. DODONI’s extensive product portfolio includes nine milk and dairy categories, with 80 special products that are distinguished for their excellent quality and taste. DODONI employs roughly 400 full-time and seasonal employees, which makes it the region’s largest employer with a key role in the economic activity of the wider Epirus region. At the same time, in the context of its social responsibility, DODONI implements a wide sponsorship program that supports cultural, sports, educational, and social activities.DODONI posted a 12 percent year-on-year increase in exports for the first nine-month period in 2013, confirming its position among the largest Greek export companies. Through its international exporting presence in thirty-five countries, DODONI dynamically pro-motes Greek dairy and milk products in some of the world’s biggest markets such as Australia, the USA, Germany, Belgium and Holland, while at the same time strengthening its presence in the Middle Eastern and Asian markets. With feta cheese as its flagship product, the company has succeeded in recording a steady increase in exports, quarter by quarter. The company’s more recent financial performance has also been stable in Greece, representing the first encouraging signs after three years of sub-dued activity amid the country’s deep recession. DODONI, the leading feta producer in Greece, recently announced its partnership with the top importer of dairy products in the USA, Arthur Schuman Inc., based in New Jersey. The partner-ship, launched in April, 2014, concerns import and distribution of DODONI products in the US market, with emphasis on PDO feta (Protected Designation of Origin), for all customer catego-ries (retail, wholesale, and catering). Arthur Schuman Inc. is a leader in the US dairy market with a 60-year history of representing some of the largest European dairy companies, as well as leading companies in the sector of dairy product production and trade, such as Italy’s Zanetti. Total turnover slipped marginally, by 0.5%, in 2013 to 83 million euros from 83.5 million euros in the previous year. Net pretax profit rose spectacularly, by 168%, to 1.24 million euros in 2013 from 463,000 euros in 2012.

FOOD PRODUCTS

Industrial

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Industrial

Contact Details57008 Ionia, Thessaloniki, PO Box 33563, 563 10 EleftherioTel: +30 231 0755227E-mail: [email protected] Website: http://www.proto.gr

PROTOFANOUSIS FRUITS SA

Major exporter rebounds to profit

The Protofanousis family has been specializing in the sale of fruit since 1922. Nowadays, the company is one of the largest exporters in northern Greece, with an annual turnover that typi-cally reaches 23 million euros. It handles about 30 million kilos of fruit per year, mostly of Greek origin, as well as certain fruit types imported from Argentina, Germany, Italy, Spain, South Af-rica, Turkey and Chile. It supplies products directly to large supermarket chains in Greece and exports to European countries, Southeast Asia, the Middle East, North Africa and Canada.The company employs 30 persons on a full-time basis and up to 150 persons on a seasonal basis. It maintains refrigerated storage facilities and packing plants in Thessaloniki with a to-tal area of 7,500 square meters, controlled atmosphere refrigerators in Nea Ephesοs, Katerini, northern Greece, with a capacity of 8,000 tons, a distribution center in Thessaloniki’s central vegetable market, and a warehouse-precooler in Kerasia. All procedures followed in cultiva-tion, sorting, packing and distribution have a single goal: the production of standardized, high-quality, safe products to meet the high standards of the company as well as to comply with national and European regulations.Products are distributed in northern Greece in privately owned refrigerated trucks, ensuring freshness and flavor. Through its distribution center in the Central Vegetable Market of Thes-saloniki, the company supplies retailers and wholesalers in different parts of northern Greece. Exports are carried out by partner companies that meet the specifications needed to ensure the freshness of all fruit. Its roster of customers includes major food chains such as Magnit and X5 in Russia, the Fozzy Group in Ukraine, Tesco, Coop, Aldi and Asda in the UK, the Maxima stores in the Baltic coun-tries, Wellcome in Hong Kong and many of the Tesco outlets in central Europe. Protofanousi also supplies its products to major food chains in the Greek market as well as to more than 1,000 retail fruit outlets. The company registered a total turnover increase of 5% in 2013, to 23.2 million euros from 22.1 million euros in 2012. It converted a loss of 87,000 euros in 2012 to a net profit of 189,000 eu-ros in 2013.

FOOD PRODUCTS

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Contact Details10 Kodrou St, Neo. Psychiko 15451, Athens, Tel: +30 2103249085Fax: +30 210 3213545Email: [email protected] Website: http://www.nutria.gr/

Nutria

Active in the olive industry over the past 21 years

Nutria was founded in 1994 in Agios Konstantinos, Fthiotida, northwest of Athens, starting from a small mill and bottling plant. In 1997, the company began operating its first glass bot-tling plant and PET packaging.Between 2005 and the present, Nutria has invested over 12 million euros. Its production plant is located on privately owned land measuring 150 acres. The facilities include an olive oil mill, refinery, bottling plant, PET production unit, and a modern laboratory where all tests and anal-yses are performed by the company’s experienced professional staff, according to standards set by Greek and European regulations. The company employs approximately 60 persons and its products are exported to more than 20 countries worldwide, including the UK, France, Sweden, Germany, Czech Republic, USA, Canada, China and Japan.Nutria’s production procedures are certified by global organizations. The company holds a total of nine safety and quality-related certificates. The company actively participates in major exhibitions across Europe.

FOOD PRODUCTS

Industrial

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Contact Details1 Vionos St, 104 43, AthensTel: +30-210-5190100Fax: +30-210-5190241Email: [email protected]: http://www.melissa.gr

Melissa-Kikizas

Greece’s oldest pasta producer

The company was established in 1947 after its founder Alexandros Kikizas decided to create a food industry that would promote local raw materials by transforming them into high qual-ity products. Today, six decades and three generations later, the Kikizas family operates one of Greece’s biggest food companies with a presence in over twenty-five countries. The company is primarily active in the production of pasta and durum-wheat semolina. Each year, the com-pany accumulates about 100,000 tons of top-quality Greek durum wheat, mostly from the fields of the Thessaly region in central Greece. The company launched its mill in 1974, in the nearby Larissa region. The company’s vertically integrated operation of mills and production facility in Larissa pro-duces over 50,000 tons of pasta, annually, which makes the industry one of the largest in its sector throughout Europe. The main pasta brands produced by the company are Melissa, Stella, Primo Gusto, a fine-pasta series, Deveta from Thessaly, the historic AVEZ brand, and traditional Vlaha products Vlaha. Melissa’s full series of Primo Gusto tomato products, as well as its Kazino traditional sweets, complement the company’s presence in the Greek food market. The company’s spaghetti factory has been operating in Larissa since 1980. The company has kept up with technological developments over the years, making it one of Europe’s most ad-vanced in the sector. Production procedures are fully automated and product quality is ensured through adherence to strict inspection and control systems. The production facility covers 20,000 square meters of floor space, while its accompanying storage space holds 10,000 pallets.Melissa-Kikizas operates a complete and fully organized commercial network in order to sup-ply products produce or represent by the company. The Larissa production facility, where the company distribution center is also based, is the nucleus of the company’s commercial activity. The commercial network also includes head offices and a warehouse in Athens, sales offices in Patras, western Greece, and Thessaloniki, in the north, as well as distribution centers in the country’s south and north. The company has recognized the importance of export activity from as far back as the ‘80s and has invested considerably to promote the effort. The company currently exports 20% of its fac-tory production and its objective is to increase the figure to 50% within the next few years. The company holds significant market shares in Cyprus, Bulgaria and Albania, ranging between 15% and 25%. The company also exports to the UK, Belgium, Ukraine, Australia, Canada, the USA, Estonia, United Arab Emirates, South Africa, Germany, Ethiopia, the Netherlands, Sweden, Zimbabwe, Slovakia, the Former Yugoslav Republic of Macedonia (Fyrom), Armenia, the Czech Republic, Austria and Congo.Melissa takes part in two major international food industry exhibitions, SIAL, in Paris, and ANU-GA in Cologne, every year. In an additional trading venture beyond the pasta sector, Melissa has served as the exclusive Greek distributor for world-renowned canned fruit company Del Monte since 2000.

FOOD PRODUCTS

Industrial

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Industrial

Industrial

GENERAL CABLE AFOI ORFANIDI ABETE

Offering a wide range of certified products

The company GENERAL CABLE AFOI ORFANIDI ABETE was founded in 1970 by the Orphanides brothers and has since enjoyed consistent success. Renowned for its trademark GeCa CABLES, the company is active in the design, production and marketing of cables (low voltage, tele-communications, data transmission, fiber optics), wires and plastic PVC blends.Due to its continual modernization, the company has increased its production capacity as well as product quality in order to meet consumer requirements. Its implementation of the ISO 9001: 2008 standard and certification by the British Institute Certification Cables (British Ap-proval Services for Cables/BASEC) ensure consistent high-grade quality that meets local and European standards. The company is also certified with an ELOT HAR standard by EVETAM SA (Industrial Research, Technological Development and Laboratory Testing, Certification and Quality) for many types of harmonized cable.

REGINA SA

Major exporter of black olives

REGINA SA is based in the industrial area of Kalochori, close to Thessaloniki and covers an area of 50,000 square meters. Its facility ranks as the sector’s largest and best-equipped in Greece, and, according to its management, can rival any major operation around the world. Following 36 years of experience, the company has gained an in-depth knowledge of the global olive market. It specializes in olives and pickles, forming close and highly successful links with the most prominent companies in the world. It remains in tune with international developments, both in technology and trade, and updates its operations accordingly. These traits make REGINA SA a progressive company that is interested in the pursuit of excellence with regards to the production of olives.The best black natural olives are produced in Greece. Because of their natural fermentation process and their rich smooth and very tasty pulp, they stand apart from all other olives pro-duced around the world. The company works these olives as well as another black olive variety, Throumbes, hailing from Chalkidiki and the island Thasos, both located in the country’s north. Black olives, whether plain or dressed in olive-oil, garlic and pepper, can be brought to the table as a delightful offering. The company exports its products to 14 countries in Europe, as well as to the USA, Canada, and Australia.Beginning as a family-run business, REGINA SA succeeded, over time, to become a leading olive exporter. The company’s collaborators, who have enjoyed enduring business partner-ships with REGINA SA, have played a key role in this achievement, thanks to their technological knowledge and experience, which has helped meet even the most difficult demands of clients. Total turnover at the company fell by 5% in 2013 to 16.6 million euros. Net pretax profit head-ed in the opposite direction, rising by 9% to 1.88 million euros.

Contact Details222 Athinon, Haidari, 124 61, Athens Tel.: +30 210 5325207-10Fax: +30 210 5325211Email: [email protected]: http://www.geca.gr

Contact DetailsKalohori, 570 09, ThessalonikiTel: +30 2310 751756, 751658 Fax: +30 2310 752179Email: [email protected]: http://www.regina.gr

ELECTRICAL MATERIALS

FOOD PRODUCTS

Industrial

Industrial

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Industrial

Contact DetailsIndustrial zone Sindos, Thessaloniki, 570221, PO Box 1076 Tel: +30 2310 754025-27Fax: +30 2310 754028Email: [email protected] Website: http://www.viotros.gr

VIOTROS SA

Creativity, speed, research

VIOTROS SA, one of the most dynamic subsidiary companies within the ELGEKA Group, is the largest Greek manufacturing company that produces and packages processed cheeses and alternative dairy products that are based on vegetable fat. It holds a leading position in the European Market. It was established in 1990 in Thessaloniki. Today it has a production plant in northern Greece with a production capacity of 2,500 tons per month, one of the largest in Europe. It adheres to the strictest quality specifications before, during and after the production process and is certified by international quality and operations certification organizations (ISO, HACCP, etc). VIOTROS is active in more than 30 countries holding a large portion of Greece’s export capacity in food sector. Its dynamic development is based on the continuous design of new and inno-vative products either for the end consumer with VIOTROS brands or for other professionals in the international market of foodservice or the private label development. By following international consumer trends for a healthy diet, VIOTROS products cover the en-tire range of the following categories: ● Products with classic flavours: Edam, Gouda, Mozzarella, Parmesan● Dairy processed products● Products where all fat is replaced by extra virgin olive oil, the foundation of the Mediterra-

nean diet● Products with low fat (3%- 9%)● Products for Vegetarians (100% no animal fat)● Vegan products (100% dairy free)By investing in constant research and development, the company creates innovative prod-ucts that cover the dietary needs of even the most demanding consumer. VIOTROS offers a wide range of products in classic and special flavours for consumers who are lactose intoler-ant or consume only 100% non-dairy products as well as for those who have maintain low-cholesterol diets and, therefore, do not consume animal fat. Thus, consumers do not have to be deprived of the taste of cheese or meals that contain cheese. The high quality of VIOTROS products, the product range that is constantly growing and placing interesting dietary options on the consumer table, as well as VIOTROS’s fine reputation throughout Europe, have led the company to its current leading position in its sector.It posted exceptional financial results in 2013. Sales increased by 44% to reach 17.4 million eu-ros from 12.1 million euros in 2012. Net pretax profit increased even more, from 62,000 euros in 2012 to one million euros in 2013.

FOODS PRODUCTS - DAIRY

Industrial

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Industrial

Industrial

ASPIS DEDES SA

Exports representing 85% of turnover

ASPIS was founded in 1970 as a family owned company. Having accomplished its initial objec-tives, the company, in the early ‘80s, embarked on a program to strengthen its overall position, both domestically and abroad. An effective sales campaign soon resulted in ASPIS supplying the fruit juice industry throughout Europe, the Middle East and Latin America with the re-quired raw materials. The company markets excellent quality fruit juice concentrates and purees for the fruit juice industry. These include orange, peach, apricot, apple, pear, cherry (dark sweet, sour), plum, kiwi, strawberry, grape, pomegranate, blends, as well as canned products. The company offers beverage producers filling and packing on a private-label basis. Its facili-ties are equipped with the newest technology for filling machines, operating amid fully ISO-approved procedures for aseptic TetraPak® packages (1Lit, 200ml, 250ml, 330ml).Nowadays, 85 percent of the company’s turnover is generated by exports. The company oper-ates in a highly flexible way to cater to the diversity of different markets and client needs. The company’s R % D department constantly strives to improve existing company products and introduce new products for continuous customer satisfaction. Innovation and keeping abreast of market trends are central goals to the R&D team in supporting the company’s ex-port orientation. The company implements ISO 9001:2008, 22000:2005, HACCP (Hazard Analy-sis Critical Control Points) certifications from Lloyd’s Register Quality Assurance, IFS, SGF and Kosher certificates, during all stages of production. It is also a certified Organic Food Processor, all of which amounts to excellence for customers.

DOPPLER SA

Export activity in over 55 countries

DOPPLER SA was established in February, 2000, by individuals possessing extensive techni-cal experience both in the Greek and International elevator markets. The enterprise has been based at its company-owned facility in the Polykastro Industrial Area, north of Thessaloniki, since 2000. The facility houses both the company’s head offices and industrial facilities. Doppler is an export-oriented company specializing in customized design, development, man-ufacturing and distribution of high-technology lift solutions including complete lifts/elevators, lift components, parking systems, escalators – travellators and lift spare parts.Its export activity currently covers over 55 countries in Europe, the Balkans, Russia, Asia, Middle East and GCC (Gulf Cooperation Council) countries, Africa and Australia.DOPPLER is a well organized lift manufacturer incorporating the critical aspects of R & D and after-sales service together with manufacturing, procurement, sales, marketing and HR. The company applies a quality management system complying with EN ISO 9001:2008 standards. Additionally all company products are designed and manufactured according to the European Standards on “Safety Rules for the Construction and Installation of Lifts” EN 81.1 (for electric/traction lifts) and EN 81.2 (for hydraulic lifts) and comply with the European Directive 95/16/EC.

Contact Details4th km Argos-Korinthos national highwayArgos, 21200, GreeceTel: +30 2751 0 28000Fax: +30 2751 0 66022Email: [email protected] Website: http://www.hji.gr

Contact Details12 Lassani st., Peristeri, 12132, GreeceTel.: +30 210 3416210Fax: +30 210 3416474Email: [email protected] Website: http://www.doppler.gr

FOOD PRODUCTS

MACHINERY

Industrial

Industrial

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Industrial

Contact Details5 Orizomylon, Egaleo, 122 44, AthensTel: +30 210 54 03 400Fax: +30 210 54 42 421E-mail: [email protected]: http://www.yioula.gr

YIOULA GLASSWORKS

Annual production over 1.5 billion units

YIOULA’s history dates back to 1947 when two siblings, Kyriakos and Yiannis Voulgarakis, de-cided to establish a company. Its principal activity was the manufacturing of handmade glass tableware products. The company relied on traditional craftsmanship as Kyriakos Voulgarakis was a glass-blower craftsman, and a small furnace, as the enterprise’s initial main components. Back in 1947, the company was one of just fifty producing hand-blown glass in Greece. Nowadays, YIOULA has grown into a corporate group covering two market segments, glass containers and glass tableware. The YIOULA group consists of six companies that produce in Greece, Bulgaria, Romania, and the Ukraine. It operates seven modern production plants equipped with fifteen fully-automated glass melting furnaces and forty-nine product shaping lines, whose total annual production exceed two billion pieces of container glass, 125 million pieces of tableware, 52,000 tons of pharmaceutical glass, and 650,000 square meters of tex-tured/figured glass. The company’s acquisition of two Ukrainian production units in Bucha and in Zhitomir facili-tated its entry into the market segments of Pharmaceutical Glass and Textured/Figured Glass, while also providing Yioula with the ability to produce 13.000 tons of pharmaceutical product glassware per year. The company’s facility in Egaleo, west Athens, established in 1947, stands as the foundation of the entire group’s future development. Nowadays, its glass melting furnace, along with four shaping lines, manufactures approximately 300 million units, annually, of bottles and jars in a variety of shapes, designs and colors. The company has shown remarkable capabilities with regards to the production of glassware. At present, the group owns more than thirty formation lines and over ten glass melting fur-naces. The total annual production of glassware and tableware is more than 1.5 billion pieces.

NON-METALLIC ORES

Industrial

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Conex SA

Positive growth rates

Conex SA, a leader in the Peach canning industry, has focused, over the past 40 years, on offer-ing canned peaches of intense taste, strong aroma and nutritional value. Conex SA has operated as one of the biggest canning plants in Greece since 1971, offering a wide product range of canned peaches. The company’s up-to-date technological infrastructure offers a production capacity of 40,000 to 45,000 tons of peaches per season, while daily capaci-ty can reach up to 1,000 tons. The company employs 70 people all year around, as well as 1,000 people on a seasonal basis. Committed to product excellence, Conex has developed standardized end-to-end procedures in order to ensure that the final product that reaches consumers is “fresher than fresh” in all aspects. For this reason, peaches are processed and packed within 24 hours from harvesting, at the peak of their ripeness, ensuring the preservation of full taste and vitamins. Conex has been certified by internationally recognized quality standard providers, such as ISO 9001, kosher and IFS for its overall production, packaging and trading procedures. Exports represent a large proportion of the company’s production, with 65% exported to Euro-pean markets, and 25% to North America. The company posted exceptional financial results in 2013. Sales increased by 22% to reach 17 million euros in 2013 from 13.9 million euros in 2012. Impressively, the company converted losses of 1.7 million euros incurred in 2012 to a net pretax profit of 488,000 euros in 2013.

IONIAN KALK SA

Market leader in its sector

IONIAN KALK SA was founded in 1976 in Argostoli, Kefalonia, by I. Kalafatis, who is the com-pany’s president and CEO.The enterprise, active in mining and processing of amorphous calcium carbonate (CaCO3) and dolomite and talc processing, is internationally competitive. The extraction process is per-formed at the company’s own quarries in the Minies region of Kefalonia. Calcium carbonate (CaCO3) is an auxiliary material used as a filler for the production of products in the chemical and synthetic industry.IONIAN KALK SA products cater to the needs of numerous industries covering the production of paint, plastic, rubber, paper, adhesives and sealants, blasting material, ceramics, fertilizers, road construction materials, chemicals, building materials, and cement. IONIAN KALK SA exports to other parts of Europe, the Middle East, Africa, and the Balkans. The company currently employs 150 persons. Its annual production of processed CaCO3 and talc totals 130,000 tons. The company also produces an additional 15,000 tons of raw CaCO3, annu-ally. The company is its sector’s market leader in Greece, on the strength of its quality, price, stan-dardization, and reliability. Moreover, its presence in international markets is quite remarkable. Company exports represent 60% of total production. In 2013, total turnover increased by 21% to reach 18.9 million euros. The company managed to reduce losses by 71%, to 276 000 euros in 2013 from 979,000 euros in the previous year.

Contact Details238 Kifissias Avenue, 15231, HalandriTel: +30 210 6197980 – 981Fax: +30 210 6197571Email: [email protected]: http://www.conexfruit.com/

Contact DetailsPO BOX 71, Argostoli, Kefalonia, 28100, GreeceTel: +30 26710 41534, 41534, 41844, 41676 Fax: +30 26710 41773 Email: [email protected]: http://www.iokal.com

FOOD – FRUIT

NON – METALLIC MINERALS

Industrial

Industrial

RAD

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Contact DetailsKilkis Industrial Zone, Stavrohori, 61100Tel: +30 23410 72164Fax: +30 23410 72160Website: http://www.eurimac.gr

EURIMAC

High quality, low cost, optimal service

EURIMAC is a joint venture company, the result of a strategic cooperation between the well-known Greek pasta company MACVEL SA, which has been operating in Greece and Europe since 1939, and EURICOM S.p.a., an Italian group of companies producing pasta, flour and rice. The joint venture was founded in May, 1996, in the Kilkis industrial zone, and employs a spe-cialized workforce with many years of experience in the production of pasta products.The company’s pasta production plant was built in 1997 and began operating a year later. One of the most technologically advanced pasta production facilities in Europe, the facility is equipped with four production lines, two for long pasta and two for short pasta. Its overall annual produc-tion capacity is 72,000 tons of high-quality pasta for the Greek and foreign markets. The company has also invested significantly in full automation of production and packaging, cutting down production costs. In September, 2006, operations commenced at the company’s fully automated, state-of-the-art mill for producing semolina from durum wheat. The mill has a daily capacity of 260 tons, enough to meet all the production plant’s raw material needs. The mill is regarded as EURIMAC’s most important investment, producing high-quality semolina for top-grade pasta. In September, 2010, a new, state-of-the-art, automated 9,500 pallet position warehouse was constructed. Offering a capacity of 9,200 tons of stock, it is electronically man-aged on a FIFO basis. The facility is equipped to load eight container trucks simultaneously. EURIMAC manufactures pasta products under its own registered brand names. The parent company’s oldest and best-known pasta products are the iconic MACVEL range, launched back in 1939. As the company’s export activity began to intensify in the ensuing years, produc-tion was expanded to introduce new brands, either in response to the demands of foreign customers, or as a result of innovations by associates. Subsequently, the range was expanded to include brands as Latino, Famiglia, Grande Pasta, Mama Mia, Bevellini, and many others. EURIMAC specializes in the manufacture of private label products (outsourcing) and produces pasta of high quality for major European supermarket chains and discount stores, as well as leading producers, importers and distributors of foods worldwide. EURIMAC is heavily engaged in export activity in all the world’s main pasta markets. According to a recent ICAP study, it is Greece’s leading pasta exporter, well ahead of its nearest rival. In 2013, the company received the “Elliniki Axia” (Greek Value) award for its export activity. EURI-MAC exports to more than 45 countries on five continents, major markets including the USA, Japan, the UK, France, Germany, Sweden, and Norway.

FOOD PRODUCTS

Stavros Konstantinidis

Industrial

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Contact Details57001 Thermi, Thessaloniki, GreeceTel: +30 2310 461 860Fax: +30 2310 461 862Email: [email protected]: http://multy.nl

MULTY FOAM SA

Continual and lasting growth

Founded in 1977 as FEDON TSANAS SA and based in northern city Thessaloniki’s Thermi dis-trict, a block of company shares were sold a year later to Dutch company SCHULPEN BEHERR BV. In 1990, the company was renamed MULTY FOAM SA industrial and commercial plastics company.Multy FOAM is a global market leader in household sponges and cleaning cloths. The Multy group has a workforce of over 500 employees and operates in eight countries, allowing global capabilities and local service. It operates production plants in the Netherlands, Belgium, Greece, Hungary, the United Kingdom and China, as well as sales offices and warehouses in Austria and Spain. The majority of company products are delivered as private label products. The company offers customers the same high quality, whether its products are packaged un-der the Multy brand name or as a private label. Multy produces all types of sponges, made of quality polyether and polyester foam. Its facili-ties in Greece produce over 300.000 cubic meters of foam, annually, in over fifty different varieties, used for Multy’s wide range of products, as well as the auto, textile, and furniture industries, among others. As household cleaning has become increasingly sophisticated, Multy offers a full range of high quality products, including special anti-bacterial treated hydrophilic sponges with top-quality green scouring fleece. Multy also offers competitively priced 10-pack sponges. Being a slap stock producer, Multy can supply blocks, sheets or semi-finished prod-ucts made of polyurethane foam, which facilitates its access into various sectors, including the auto, furniture and bedding industries. The company exports to the Netherlands, Denmark, Ireland, England, Spain, Belgium, Italy, Hungary, Bulgaria, Germany, Cyprus, Africa, America, St. Mauritius, the Former Yugoslav Repub-lic of Macedonia (FYROM), Albania and the United Arab Emirates.It posted exception financial results in 2013. Sales increased by 10% to 22.8 million euros in 2013 from 20.7 million euros in 2012. Profit increased considerably, by 60%, to 3.1 million euros in 2013 from 1.9 million euros in 2012.

PLASTICS - RUBBER

Industrial

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Contact Details6th Km Thessaloniki – Oreocastro57013 Oreocastro ThessalonikiTel: +30 2310 682425Fax: +30 2310 683131E-mail: [email protected]: http://www.fibran.gr

FIBRAN ANASTASIADIS D. SA

40-year presence in plastics production

FIBRAN was founded in 1974 in the northern city Thessaloniki by the firm’s current president Dimitris Anastasiadis. Since 1995, the firm has played a leading role in the production of insula-tion materials both in Greece and the wider European region. Today, FIBRAN operates six production units, utilizing the latest technology available for manu-facturing insulation products (Extruded Polysterene, Stonewool and Expanded Polysterene), as well as Gypsum Boards.In Greece, FIBRAN produces stonewool insulation products with the brand name FIBRANgeo and extruded polysterene products with the brand name FIBRANxps at its industrial plant in the village of Terpni, close to Serres, in northern Greece. The company also operates other extruded polysterene production units in Portugal, Bulgaria and Slovenia. At present, FIBRAN ranks as Europe’s third largest producer of extruded polyster-ene. The Fibran group is an enterprise of international proportions operating production facilities in Greece, Portugal, Bulgaria, Slovenia, and the Former Yugoslav Republic of Macedonia (FYROM), while it is also commercially present in Spain, Italy, Croatia, Bosnia, Serbia, Albania, Romania, and Turkey. In Italy, FIBRAN has invested in the production of gypsum products (gypsum boards and bagged products), as well as in the distribution of insulation, waterproofing and dry construc-tion materials.In FYROM, FIBRAN produces expanded polysterene. The company’s products are distributed either through subsidiary companies or a wide network of authorized dealers to over thirty countries worldwide.FIBRAN also maintains a vibrant research program through its association with educational institutions in Greece and abroad. FIBRAN aims to offer full solutions and products for the pro-tection of constructions, invest in the continual education amid the technical domain through publications of manuals and software programs, and also organize scientific seminars and con-ferences in Greece and abroad on a regular basis. The company posted slightly subdued results in 2013. Total turnover fell by 10% to 26.3 million euros from 29.4 million euros. Net pretax profit fell by 10% to 1.2 million euros in 2013 from 1.4 million euros in 2012.

PLASTICS

Industrial

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Industrial

Intertrade Hellas SA

Producing 24,000 tons of paper, annually

Intertrade Hellas SA is one of the largest paper converters in Greece producing toilet paper, kitchen towels and napkins for household and professional use.Having invested more than seven million euros in heavy machinery, the company, along with the standard qualities, has the capability to convert 3ply and 4ply paper with Deco, an ability not possessed by any other converter in Greece. Intertrade Hellas SA was founded in 1992 hav-ing as a scope the sale of Jumbo Rolls in the Greek market. After a successful course, the com-pany’s board decided, in 2002, to enter the field of conversion of paper as well.Since then, the company has invested over 11 million euros in contemporary installations and machinery, including machines Perini, OMET, Kasmatic, Optima, and Multipack equipment. In-tertrade has a production capacity of 24,000 tons per year and employs fifty persons. In 2006, the company was certified with an ISO 9001 quality standard. Intertrade Hellas supplies some of the largest retail companies in Greece such as Lidl, Sklavenitis, and Metro. The company’s short-term plans include expanding its activities in foreign markets, beginning with the Balkan region, either by promoting products under the SERVIN brand name or pro-ducing client-tailored products. The company posted improved financial results in 2013. Sales increased by 4% compared to 2012, reaching 47.6 million euros. Net profit increased considerably, by 50%, to reach 157,000 euros.

Bluepoint SA

Largest market share holder in fashion swimwear

Established in 1971, Bluepoint SA is Europe’s leading producer of fashion and competition swimwear. The company designs, develops and produces approximately 6 million garments per year on behalf of large retailers including France’s Decathlon, Spain’s Zara, Germany’s Tchibo and Sweden’s Hennes & Mauritz (H&M), Europe’s largest fashion retailer. Bluepoint also holds the largest share of the fashion swimwear market in Greece. Regionally, Bluepoint swim-wear is sold in 700 outlets throughout Greece, Bulgaria, Cyrpus and Lebanon. Ranked as one of the largest employers in Bulgaria, the company employs a team of 1,300 per-sons at its 15,000-square meter production facility n the neighboring country’s Pernic area, 22 kilometers from Sofia. Bluepoint’s head office is located in Athens. It employs fifty-seven pro-fessionals, the most of which are multilingual university graduates. In February 2009, Bluepoint launched its second manufacturing facility in Cairo, Egypt’s first large-scale swimwear manufacturing facility. The production capacity of the Egyptian factory reached 3.7 million garments in 2010. As the largest swimwear producer in all of Europe, the company commands a very large share of the European-made merchandise share. Company advantages include its large scale of pro-duction, swift production, consistently high quality production, and low labor costs.

Contact Details99 Iviskou st, 136 71 Aharnai, Athens, GreeceTel: +30 210 2400840Fax: +30 210 2404738Email: [email protected]: http://www.intertrade-hellas.gr

Contact Details12 Nikitara & Pontou Sts, Hellenikon, 167 77, Athens, Greece.Tel: +30 210 961 2412Fax: +30 210 962 2313Website: http://www.bluepoint.gr

PAPER

APPAREL

Industrial

Industrial

206


Contact Details25th km Thessaloniki-Kilkis national highwayΤel: +30 23410 39500Fax: +30 23410 64173Website: http://www.elvial.gr/

ELVIAL SA

Among the top aluminum profile producers

ELVIAL is one of the most rapidly growing aluminum profiles extruders in the Greek and Euro-pean aluminum market. The company entered the aluminum market in 1990 as a producer of profiles for industrial applications, which still remains one of its primary activities. In 2005, EVIAL established a unique production facility with respect for employees and the en-vironment. The facility includes robotic technology for profile handling, setting new industry standards that have helped the company develop into a modern, technologically advanced, vertically organized, customer-oriented company, without frontiers. Increased exports have boosted ELVIAL’s rapid growth over recent years. This has been achieved through a combina-tion of knowledge, experience and the company’s effectively organized investment plan. The company’s facilities nowadays rank among Europe’s most advanced, offering flexible pro-duction lines which, combined with the know-how and the experience of ELVIAL’s personnel, contribute to producing custom designed profiles for industries that are looking for pioneer-ing products. All stages of the production process use cutting-edge technologyELVIAL is based at an impressively designed and constructed facility on company-owned land, measuring 160,000 square meters, in northern Greece’s Kilkis region, at the Agios Panteleimon Industrial Park. ELVIAL’s industrial complex has two extrusion lines - 2800 ΤΝ short stroke extrusion press, 2200 ΤΝ short stroke extrusion press - with a total annual production capacity of 18,000 tons. The company registered modestly improved financial figures for 2013. Total turnover increased by 1% to 33.9 million euros. Net profit rose by 4 percent to 1.8 million euros.

METALLURGY

Industrial

207


Contact Details3 Sokratis Economou, Alexandroupoli, 681 00, GreeceTel: +30 2551089810Fax: +30 2551032038Email: [email protected]: http://www.akritas.gr

AKRITAS

Leading role in timber production

AKRITAS is one of the most prominent companies in Greece’s artificial wood production sector, having distinguished itself through the high quality of its products, production capacity, solid organizational structure, and an ongoing rapid growth rate. Though already widely recognized for its quality, reliability, and growth, the enterprise has continued to build on its achievements through firm and focused steps. Established in 1977, AKRITAS nowadays employs over 300 persons. Its production facilities are located in the Alexandroupoli area, northeastern Greece. The company produces chipboard products, treats artificial wood with melamine and veneer, produces semi-finished furniture components (kitchen cupboard doors-worktops) - POLYTHE-TA® and ARTIKA® - and also produces EVROPANEL, a pioneering product. AKRITAS operates one of the most modern wood product processing units, equipped with high-specification techno-logical equipment. The facility, measuring 60,000 square meters in floor space, was established on a 370,000 square meter plot of company-owned land by the Alexandroupoli-Orestiada highway. The facility houses both the enterprise’s production facilities and its administration, which in-cludes financial and internal auditing services, employing a workforce of 230 persons in total. To bolster its level of customer service, the company has also set up sales offices and a distri-bution center, measuring 4,780 square meters in floor space, in Nea Aghialos, close to main northern city Thessaloniki. The enterprise’s commercial division, comprised of foreign and domestic market sales divisions and a distribution center for northern Greece, are located at the Thessaloniki set-up. The AKRITAS company has also established a distribution center in Magoula, located in the wider Athens area, covering 6,350 square meters in floor space. Its of-fice for the capital is located in the Athenian suburb of Nea Smyrni. Always striving to further improve its distribution network abroad, the company has estab-lished a facility in Chirpan, Bulgaria, consisting of a factory and distribution center. It is located close to the Romania-Bulgaria-Alexandroupoli highway, a position that offers faster service to customers in Bulgaria and neighboring countries.All production process departments operate according to international quality standards. AKRITAS implements a new quality-management system in accordance with the ΙSO 9001-2008 standard. Its adoption by the company demonstrates its interest in continually improving products and services.As a part of its wider business plans, the company has prioritized heightening its export activ-ity. AKRITAS exports to Turkey, Balkan countries, as well as the Middle East.

WOOD PRODUCTION AND PROCESSING

Industrial

208


Contact Details50 Merarchias Serron, Komotini, 69 100, RodopiTel: +30 25310 30609 Email: [email protected]: http://www.petsas-sa.gr

Petsas SA

Renowned for product quality

Petsas SA was established in 1983 in Komotini, northeastern Greece, by entrepreneur Dimitris Petsas, the company’s current owner and main shareholder. Petsas SA based its operations on rapid progress made in the textile industry, focusing its efforts on high quality combined with lower production costs, backed by excellence in management, supported by the founder’s commitment.In its first year of operations, the company posted a turnover figure of 161, 400 euros – or its equivalent in the old drachma currency - and nowadays has grown to reach turnover figures of around 35 million euros. At present, the Petsas Group of companies are worth about 9.6 mil-lion euros, based on equity value. The corporate group is vertically integrated, and operates several units, these being: ginning mills with a collection capacity of 15 million to 20 million kilograms of seed cotton every sea-son; a spinning mill equipped with 14,000 spindles and 10,000 kilograms of production every day; a knitting mill with 100 knitting machines of many types and fabric production, whose daily capacity stands at 12,000 kilograms; an elastic band department and accessories for underwear production; cutting department with BRB machine and trained staff; and, finally, a sewing department for underwear and sports attire for men, women and children with a monthly production capacity of 1.2 million pieces. The corporate group’s products are exported to all European Union member states, Switzer-land, Norway, and the USA. In 1998, the PETSAS SA group of companies established a sewing company in Bulgaria called PTSELA EOOD. The venture is comprised of two factories, in Kardjali and Benkofski, employing 400 persons. The corporate group has established a fine reputation in the clothing sector for product quality and reliability, which has led to customer loyalty. Its products are available at eight retail stores operated by the group in various parts of Greece through its group member DIMA SA, whose administrative headquarters are located in Athens.The company posted a 12% increase of total turnover in 2013, which reached 16.1 million eu-ros from 14.3 million euros in 2012. It continued to incur losses in 2013, which, however, were confined to 161,000 euros from 174,000 euros in the previous year.

TEXTILE

Industrial

209


Industrial

Petros Petropoulos SA

Rising in a sector faced by numerous difficulties

Petros Petropoulos SA was established in Thessaloniki in 1922. It manufactures, modifies, dis-tributes and supports a wide range of automotive products including automobiles, trucks and buses, generating sets, diesel engines, boats, outboard engines, agricultural, earthmoving and industrial equipment, batteries and lubricants. The company holds a leading position in the Greek market, in all its respective sectors. Petros Petropoulos SA is the parent company of a corporate group that consists of six subsid-iaries firms, all wholly owned by the company. The group’s operating segments are strategic units, selling different goods. The diversified business activity is monitored and managed separately as the activities of all six subsidiary firms differ greatly in nature, demand and gross margin levels. The activity is divided into divisions for commercial vehicles (benefits provided by the truck & bus, Isuzu, Land Rover & Jaquar business units); automotive machinery (actively engaged in the business units of Petrogen – Gensets), and R & B (motors and boats), McCormick (agricul-tural machinery) and IE (Industrial equipment); batteries and electronic accessories for cars; real estate development; and lubricants. The company reported positive financial results for 2013, which halted a downward trend of recent years. The markets in which the company participates stabilized and, in some cases, grew, except for the pick-up vans market which contracted by 34% compared to 2012. On the contrary, tractor sales increased by 100% and heavy truck sales rose by 50%. Total turnover increased by roughly 10% to 55 million euros, mainly as a result of increased exports, and an increased market share.

MEGAPLAST SA

Innovation the company’s primary objective

Megaplast, a global power in ventilated stretch films, continuously strives for excellence in the development of flexible packaging with a long standing commitment to research and devel-opment.Founded in 1995, the company, which manufactures and exports specialized packaging mate-rials, operates production facilities in Iraklion, Crete and an R&D center in Athens.Megaplast's mission is the planning, development, manufacturing and marketing of innova-tive customer-driven superior packaging solutions that deliver measurable customer benefits. Megaplast’s vision is to become the leader in the global innovative flexible packaging market while the primary objectives for the company are innovativeness, effectiveness, usability and quality of the products it manufactures and distributes.Megaplast’s product family consists of three major categories, industrial stretch films, perfo-rated stretch films and reinforced stretch films. The company’s innovative products, protected by international patents, are exported through-out Europe, the USA, Canada, Japan, South Africa, Argentina and Israel through an extended network of distributors and end users. Know-how of raw materials, the production process, facility and machinery design, and prod-uct development stands as the key strength behind Megaplast’s success. The company sup-plies its products to markets through a global sales network with offices in the UK, the USA, Germany, France, Spain and Italy. Megaplast is financially strong and intends to remain a major world player in the market of flexible packaging materials.

Contact Details96-104 Iera Odos, Athens, 104 47, Greece. Τel: +30 210 3499200Fax: +30 210 3473404Email: [email protected]: www.petropoulos.com

Contact DetailsIndustrial Area, Road A/D, P.O. BOX 1252, 71001 Heraklion, Crete, GreeceTel: +30 2810 381412Email: [email protected] Website: http://www.megaplast.gr/

MACHINERY

PLASTICS & RABBER

Industrial

Industrial

210


Contact DetailsSindos Industrial Area (Section B, Entrance C), Sindos, 547 00, Thessaloniki PO Box 1270, 57022, Sindos, ThessalonikiTel: +30.2310.796360Fax: +30.2310.723597E-mail: [email protected]: http://zanae.gr

ZANAE

Delivering the best and finest quality products

ZANAE, a purely Greek company, is one of the largest and fastest growing food industries. The company began operating in Thessaloniki in 1930 as a bakery yeast industry. Over the years, it expanded into the production of canned goods, ready-to-serve meals and processed tomato. Thanks to the combined efforts of its experienced personnel, the production range of ZANAE is updated regularly with new products that cater to the tastes and needs of consumers. As the only bakery yeast production industry in Greece, the company has a deep understanding of what bakers need, this being a good mixture. ZANAE is the leader in the Greek market and is also scoring high marks with bakers abroad as well. Throughout the years, the company has operated with equal respect for consumers and the environment.ZANAE’s packaging maintains flavors unchanged without the use of preservatives, simply by using natural additives such as oil. The company’s range of products has continued to grow. It produces products in the following categories: tomato products, bakery yeast, stuffed vine leaves, ready-to-serve meals, vegetables and seafood. Its produce, such as tomatoes, are selected with the strictest criteria. The company launched Greece’s first tomato processing plant in 1972, in Zervochori, Imathia, northern Greece. Today, ZANAE products are exported to over 50 countries. ZANAE has built an extensive and constantly growing network of exports covering Germany, the UK, the Netherlands, Belgium, France, Austria, Switzerland, Sweden, Italy, Spain, Russia, Bulgaria, Serbia, Albania, the Former Yugoslav Republic of Macedonia (Fyrom), Czech Republic, Cyprus, Ukraine, the USA, Canada, Middle East, Australia, New Zealand, Japan and South Africa. Greece’s traditional taste is served in different corners of the world, with the unique quality of ZANAE.Backed by domestic and international certification ensuring the safety of its production pro-cedures and all products, ZANAE is confident about the quality of its entire product range. The company holds BRC2011, IFS2011, ISO 9001 and ISO 22000 certificates.

FOOD PRODUCTS

Nikos Pentzos

Industrial

211


Industrial

ECOFOOD SA

Main supplier of snails to leading French supermarkets

ECOFOOD SA operates production centers in Greece, France, Serbia and the Former Yugoslav Republic of Macedonia (FYROM), employing a total of 720 persons, spearheaded by an experi-enced and well qualified administrative team. The company’s wide range of products, includ-ing bottled water and snails, are marketed throughout Europe under the ECOFOOD label, which has established the enterprise on an international scale as a recognizable quality brand. The company bottles the Drosia water brand. The discovery of water sources at the foot of Mount Vora (Kaimaktsalan), famous for its water quality, led the company to create a high-tech bottling plant. Taking into account the beneficial properties of black and green tea and its wonderful taste, the company also produces Drosia Iced Tea, a non-carbonated beverage. Snail processing represents the main export activity for the enterprise. Over the years, it has man-aged to establish itself as a main supplier for France’s largest supermarket chains. The company facilities for this product line ensure high quality and punctual delivery, regardless of volume and delivery time. In 2013, the company posted a 7% drop in total turnover, to 15 million euros. Profit fell by 30% year-on-year to 302,000 euros from 432,000 euros.

Daios Plastics SA

High-quality services in the agricultural sector

Daios Plastics SA was formed in 1977 after having begun as a smaller venture producing shop-ping bags, primarily. Within a short period of time, the company focused its production on specialized films for agricultural applications. Spurred by drive for growth and innovation, the enterprise went on to launch several products offering solutions to problems encountered by farmers. The company began producing film of a variable thickness as well as innovative pat-ented films for drying tobacco leaves and raisins. The company holds more than twenty pat-ents, most of which cover the entire European region, while a considerable number of these are valid in most developed countries. Daios Plastics invests consistently in state-of-the-art technology production and material technology.Company products are used for vineyards, greenhouses, tobacco crops, watermelon and as-paragus cultivation, as well as cotton crops. The company posted positive financial results in 2013. Total sales increased by 9.5%, reaching 20.9 million euros in 2013. Its net pretax profit increase was far greater, rising from 55,000 eu-ros in 2012 to 174,000 euros in 2013, an impressive 210% increase.

Contact DetailsIndustrial Zone of Drosia, Drosia, 58002, Pellas, GreeceTel.: +30 2381031620Fax: +30 2381031690Email: [email protected] Website: www.drosia.com.gr

Contact Details12th km Veroia – Naousa, 59200Tel: +30 23320 42 412Fax: +30 23320 42 600E-mail: [email protected]: http://www.daiosplastics.com

MISCELLANEOUS

PLASTICS

Industrial

Industrial

212


Contact Details4, Ag. Athanasiou str, 564 30, N. Efkarpia, Thessaloniki, GreeceTel: +30 2310 683392 / 683393Fax: +30 2310 683123E-mail: [email protected] Web: www.union3.gr

Union 3 Fashion Ltd

Major clothing manufacturer

‘Union 3 Fashion Ltd.’ was established in Thessaloniki in 1985 by V. Christianopoulos, N. Pa-pathanasiou and Th. Papas, all graduates of Thessaloniki’s Business School. Union 3 Fashion specializes in the design and manufacture of ready-to-wear women garments for all ages. The production is based on customer designs as well as the company’s own collection which is re-newed with many samples every month. Union 3 Fashion is a vertical unit with its headquarters based in Thessaloniki, the second larg-est city in Greece, in a private space of 6,000 square meters. The knitting department as well as the design and sampling sections are located at the Greek premises. In an effort to main-tain prices at a highly competitive level, the main production processes have been moved to Bitola, in the Former Yugoslav Republic of Macedonia (Fyrom) since 2001. The two privately own production centers are about 6,000 square meters and employ 600 persons for cutting, sewing, trimming, ironing, packing, etc. Moreover, in order to increase its production flexibility, the company has two sub-contractors, both located in the southern part of FYROM, towards the border with Greece, where some 200 persons are employed. On the whole, the production capacity of the company is 3-4 million units per year and the annual turnover is normally be-tween 12-15 million euros. Union 3 Fashion uses contemporary technology at all production stages in order to achieve the best quality standards in addition to reasonable prices. The company’s cutting department is equipped with Lectra system, its designing department with Investronica, and the company has also invested in modern sewing machines for several uses in order to meet client specifica-tions. For this reason, the company is also equipped with automatic motif strass machines and printers, as well as embroidery and other decoration machines. In-house knitting in Greece is very important for the company’s success since the company has invested in machinery that can guarantee extra fine fabric quality and flexibility. Its thirty cylindrical knitting machines can produce fabric types such as single-jersey with and without elastane, rib and interlock of all types, as well as full Jacquards and electronic stripe-rapport fabrics. It is worth mentioning that the production time from order to delivery varies from 3 to 4 weeks and for some NOS (Never Out of Stock) time spans can be less than a week. Punctuality in the execution of the orders and fast flexible services are among the key elements for the long-time success of the com-pany. In order to expand and develop its knitting department, Union 3 Fashion has decided to invest on new full electronic circular knitting machines from Monarch, UK. The new machines can produce a wide range of fabrics with large jacquard patterns, transfer feeds and stripes in both single and double jersey knit.UNION3 FASHION LTD exports products to European countries such as Germany, France, the Netherlands, and the UK. The company has established collaborations with many distin-guished foreign companies and is considered as one of the most prominent and modern pro-duction and export clothing units.

APPAREL

Industrial

213


Contact DetailsGefyra Meganiti, 25100Aegion, Achaia, GreeceTel: +30 26910 72003Fax: +30 26910 71201Website: http://www.cavino.gr/ E-mail: [email protected]

CAVINO Winery & Distillery S.A.

Εxports exceed more than 70% of total production

CAVINO S.A. was established in 1958 in Aegio, northern Peloponnese, by Constantinos Anas-tassiou and Ioannis Douskas. Initially a winery, the venture was soon also developed into a dis-tillery, while climate-controlled warehouses completed the company’s modern infrastructure. Today, CAVINO, being a national leader in production and exports of wines and traditional Greek ouzo, produces more than 8.5 million bottles of wines and 6.5 million bottles of ouzo, annually. Total sales reached 16.5 million euros in 2012, continuing the company’s steady growth.Main shareholders Giannis Anastassiou and Theodoros Anastassiou established Domain Mega Spileo in 1999, bringing to Greek and international markets the highest quality premium wines from a single vineyard at the Mega Spileo (Grand Cave) monastery, located in unique natural conditions, at an altitude of 800 meters altitude above sea level in the Peloponnese. A new ful-ly-automated, ultra-modern bottling line was launched in 2010, producing up to 7,000 bottles per hour and setting new quality standards to establish the company’s leading position in the Greek wine market.CAVINO is an export-oriented company, with over 70 percent of annual production exported to 26 countries around the world.In 2005, CAVINO set itself the target of increasing exports by developing a new highly com-petitive range of products backed by an effective marketing and promotional program. The company achieved a leading position among Greek wine exports in various countries, includ-ing Germany, Poland, Russia, Switzerland, France, and the Netherlands.CAVINO has also extended its sales reach beyond European, focusing on major markets, primarily the USA, Canada and China. Taking into consideration specific unique features of foreign markets, as well as their obstacles, CAVINO offers an extended wine range covering various price categories - premium, best value-for-money and basic - to cover all the major channels of distribution from wine boutiques and restaurants to retail chains. CAVINO’s ex-ported products range from premium-segment Mega Spileo wines, best-value options from the renowned Nemea area, Atelier wines, the company’s highly competitive DEUS range of wines – the popular semi-sweet range and sweet Mavrodaphne – as well as Muscat wines. The new DEUS wines - a Natural Semisparkling white and rose, and Cabernet Sauvignon-Merlot semi-sweet in a one-liter bottle – promise to generate strong demand in domestic and export markets.Marketed in various parts of the world through hundreds of representatives, CAVINO is con-stantly looking for new partnerships to help further extend its distribution to new markets throughout the world. CAVINO was named a National Champion at the 2014-2015 European Business Awards spon-sored by RSM! CAVINOS competed against Greece’s best businesses to win the accolade of rep-resenting the country in The Business of the Year Award.

BEVERAGES & SPIRITS

Ioannis Anastasiou

Industrial

214


Contact Details26 Petrou Ralli Ave, Athens, 118 10Tel: +30 210 34 82 000Fax: +30 210 34 21 225, 210-34 77 769Email: [email protected] Website: http://papadopoulou.gr

E.J. Papadopoulos SA

Leader in the biscuit industry with 92-year history

E.J. Papadopoulos SA owns four production sites in different parts of Greece (Athens, Thes-saloniki, Volos, Inofyta), as well as a central warehouse in Aspropyrgos, slightly west of Athens, all certified and operating according to the International Quality Management Standard ISO 9001:2008, Food Safety Standard ISO 22000:2005, and the Hazard Analysis Critical Control Points (HACCP) system. These certified standards apply to all the company’s activities in ad-ministration, production and commercial activities. E.J. Papadopoulos SA currently employs approximately 1,200 persons. The company is the market leader in the biscuit industry and a strong player in the bread sub-stitute segment (Rusks, Breadsticks, Krispies). More specifically, the company ranks second in the overall rusk market and is a leader in the category of premium rusks. Fostering a spirit of in-novation and growth, along with a pioneering outlook, the company continues to expand into new product categories. In 2011, the company created an innovative product in the cereal bars sector, the Digestive Bar, the first ever cereal bar to be made with biscuit. In 2013, the company extended its presence in the Greek market with the launch of packaged sliced bread. It operates three sales departments across Greece, in Athens, Thessaloniki and Volos, mid-eastern Greece. Distribution in all other parts of the country is carried out by a network of local partners. A total of 200 sales representatives and merchandisers work in the field each day, along with a number of wholesalers, in order to ensure the wide distribution of the company’s products. E.J. Papadopoulos SA has received numerous awards at both international and na-tional trade fairs. The Papadopoulos company is currently present in more than forty countries across five continents, with its Caprice brand leading the way, while southeastern Europe, along with Cyprus, constitutes an area of strategic growth. For 92 years now, the company’s tasteful and highly nutritional products have been capturing consumers’ hearts.In 2013, the company continued to strengthen its leading position in the biscuit industry with new launches aimed at satisfying consumer demand. In the field of bakery products, the company ranks second with a leading share in the category of premium rusks. Investement and entry into the fresh sliced bread market was the company’s main focus in 2013, a move of strategic importance for the expansion of the company’s quality product portfolio offered to Greek consumers. Internationally, the company has maintained its growth trajectory and aims to further penetrate organized retail networks, primarily in European markets.In 2013, the company’s turnover reached 126.5 million euros, up from 121 million euros in 2012. Earnings before taxes (EBT) amounted to 12.1 million euros in 2013, slightly down from 12.5 million euros in 2012.

FOOD PRODUCTS

Ioanna Papadopoulou

Industrial

215


Contact DetailsPO Box 16, Stenimachos, 592 00 NaoussaTel: +30 23320 / 52 – 650Fax: +30 23320 / 52 – 676Ε mail: [email protected]: http://www.varvaressos.eu

VARVARESSOS SA EUROPEAN SPINNING MILLS

Battling amid adverse conditions

VARVARESSOS SA (EUROPEAN SPINNING MILLS) was founded in 1974, originally under the name “SPINNING MILLS NAOUSIS GRIG. VARVARESSOS AND CO SA “. The operation was re-named VARVARESSOS SA (Spinning Naoussis) in 1990 before settling for its current title in 2003. The company is engaged in production and trade of yarn. Initially, the company exclusively produced cotton yarn, from its launch until 1992. However, paying heed to industry changes and the requirements of international trade, the company expanded its operations and began producing various specialized yarns. Current production includes special, high-quality thread; conventional spinning yarn; knitting – weaving yarn; 100% cotton combed; 100% Cotton Q - Cotton®, with certified cotton; 100% Modal; 100% Micro modal; and 100%, as well as yarn com-posite of various contaminants, mainly with natural components. The company owns two modern spinning mills with 47,000 ring and compact spindles, whose annual production reaches 6,000 tons of natural yarn. A large proportion of production is ex-ported to other parts of Europe and is based on international and European standards (ISO, GOTS, Oeko-Tex). The company exports to more than 20 countries. In 2013, its exports rep-resented 65.45 percent of total sales, reaching 11.67 million euros from 9.21 million euros in 2012. Varvaressos operates a research and development department, which strives to keep improv-ing quality. Varvaressos also invests considerably in new technology and machinery updates. Twelve percent of the company’s energy needs are covered by its renewable resources. Varvaressos SA reported a total turnover figure of 17.8 million euros for 2013, a 16.3 percent increase from the previous year’s 15.3 million euros.

TEXTILES

Industrial

216


EPALME SA

Optimistic outlook for the future

EPALME SA has been in the aluminium business since 1970. At the time, the company pro-duced aluminium billets as well as alloy ingots. In the years that followed, the company strove to adjust both production and capabilities to the prevailing Greek market conditions by utiliz-ing the skills of its highly experienced and trained staff.In 1996, a significant ownership development took place at EPALME, with ALUMAN SA becom-ing a major shareholder. In 1999, the company’s base was relocated to a newly acquired prop-erty in Inofyta, about fifty kilometers north of Athens, next to ALUMAN’s existing premises. The company’s new factory at this spot, equipped with state-of-the-art casting technology, is, at present, producing aluminium billets, using pure aluminium ingots and recyclable aluminium scrap.The production plant’s annual capacity is 30,000 tons. A workforce of 60 persons is employed at the facility. The majority of production (90%) supplies the Greek market, while the remaining ten percent is exported.The company ended 2013 remarkably well. Total turnover fell modestly, by 3.3% year-on-year, to 49.7 million euros in 2013. Net pretax profit rose to 627,000 euros, a year-on-year increase of approximately 350% from losses of 259,000 euros posted a year earlier.

AlindaVelco SA

Three business units leading the company forward

AlindaVelco SA is a leading company which offers ingredients, functional products and tailor made solutions for the food industry. AlindaVelco SA is also active in the distribution of basic raw materials to various industrial sectors, such as the detergent, cosmetics, pharmaceuticals, textile, firefighting, fertilizers and animal feed sectors. Furthermore, AlindaVelco SA offers a range of I&I products for “pri-vate label” customers. Since 1989, AlindaVelco SA has experienced a constantly upward trend, which placed the company amongst the most significant players in ingredients and industrial raw materials in southeastern Europe and the Middle East. With an active presence in thirteen countries, AlindaV-elco SA strives to deliver premium quality products.One of the major sectors in which the company has accumulated more than 15 years of experience is the production and supply of high-quality, ready-to-use or tailor-made ingredients and solutions specially designed to cover the needs of major food sub-sectors - dairy, bakery and confectionery, winemaking, beverages, meat processing, convenience food, beer brewing and jams. Supplying the Greek market with basic raw materials and specialty industrial ingredients produced by some of the world’s leading chemical companies stands as another vital business unit for the company. Another important AlindaVelco business unit is exclusively focused on the production of consumer and professional detergents, papery, personal care and other such general-use products. These products are well-known in the market under the established “Spark” and “Tension” brand names. AlindaVelco provides up-to-date cleaning and disinfection solutions and methods developed by its experienced and well-trained personnel. Company products are available throughout Greece. Its products fall under the categories of: Cleaning Products – Detergents, Detergents for Clothing, Disinfectants, Personal Care & Hygiene, Papery & Papery Equipment and Pool Cleaning Products. AlindaVelco SA is certified with ISO 22000 quality standards.

Contact Details3 Merlin st, Athens, 10671 Tel.: +30210 3637410, +30210 3605454 Fax: +30210 3624152Email: [email protected]: http://www.epalme.gr

Contact DetailsPetreza, P.O. Box 114, Spata 19004, Athens, GreeceTel. +30 210 6630505Email: [email protected]: http://www.velco.gr

ALUMINIUM

FOOD PRODUCTS

Industrial

Industrial

217


Industrial

Sonoco Hellas

Major Player in plastic packaging, worldwide!

Sonoco is one of the world’s largest manufacturers of industrial, consumer and protective packaging and provider of packaging services. Furthermore, the company is one of the leading producers of recycled paperboard, utilizing more than a million tons of recovered paper annu-ally in its papermaking operations. Sonoco is dedicated to achieving customer satisfaction in all the markets it serves around the world. Sonoco products are used by many of the world’s leading industries, including food processing, powdered beverages, snacks, textiles, papermaking, material converting, material handling, agriculture, personal care and many others.Today, Sonoco businesses employ approximately 19,900 people and supply thousands of products for industrial, consumer and protective packaging customers from 347 operations in 34 countries. Countries with operations, subsidiaries or affiliates include Greece, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, the UK, France, Germany, India, Indonesia, Italy, Japan, Korea, Malaysia, Mexico, the Netherlands, New Zealand, Northern Ireland, Norway, Poland, Puerto Rico, Singapore, Spain, Switzerland, Taiwan, Thailand, Turkey, the USA, and Ven-ezuela. The company markets the following types of packaging and services: Display and Packaging, Flexibles, Graphics Management, Material Handling, Metal Ends and Closures, Pallets, Paper and Adhesives, Plastics, Protective Packaging, Recycling, Reels and Spools, Retail Packaging, Rigid Paper Containers, Specialty Components, Temperature Assurance and Tubes and Cores.

Escarcom SA

Local snail-market pioneer nowadays

The idea to establish this enterprise dates back to 1967 when founder Haralambos Kotzavasiloglou spotted an opportunity to set up a new processing and packaging food industry in the heart of northern Greece. The idea was to develop a snail business, unheard of at the time in the region. Located in Sevastiana, Skydra in northern Greece’s Pella region, Escarcom SA owns two separate production plants. One is focused on the processing of snails and the other on the processing of fruit and vegetables. The company assets also include a separate storage and freezing facility with a total capacity of over 38,000 square meters. The industrial unit covers a total space of over 14.000 square meters. The company employs both full-time and seasonal personnel, whose total ranges from two-hundred to four-hundred persons. Escarcom’s products offered by its two business units include but-tered snails (‘a la Bourguignonne’) in a variety of packaging, as well as snail’s meat in cans and snail shells. Furthermore, the company produces frozen (IQF) fruit with a focus on pitted cherries, peach and apricot cubes, apricot halves and peach slices. Production capacity is close to 3,000 tons for snails and 15,000 tons for fruit, annually. Escarcom aims to provide customers with products of the finest quality and taste. In order to achieve this goal, the company sources the best possible raw ma-terials. Besides relying on local sources, the company imports snails, alive and fresh, from the wider area of eastern Europe and the Baltic countries. As for its fruit activities, produce is collected fresh, straight from farmers in the prefectures of Pella, Imathia and Corinthia, the country’s most renowned cherry, peach and apricot production areas. Overall, company production is divided into two catego-ries. Fruit is sub-divided into apricot, cherry and peach categories, while escargots are sub-divided into three types of Helix snails, Pomatia, Lucorum, and Aspersa Muller or Petits Gris. The vast majority of the company’s final products are exported to other European markets, as well as other parts of the world. Some production is distributed locally, through a selected distribution network in Greece.

Contact Details10.5 km Kilkis-Doirani National Road, Stravohori - Kilkis, 61100, GreeceTel: +30 23410 51 558Fax: +30 23410 51 267Website: http://www.sonoco.com

Contact DetailsSevastiana, Skydra,T.K. 58 500, GreeceTel: +30 23810 82 605Fax: +30 23810 81 176Website: http://www.escarcom.gr

PACKAGING

FOOD PRODUCTS

Industrial

Industrial

218


Contact Details55 Pireos St., Moschato, 183 46, Athens, GreeceTel: +30 210 4813707, +30 210 4837193-4Fax: +30 210 4822909Email: [email protected]: http://www.tsimis.gr

Tsimis SA

Linked with major multinationals

Tsimis SA is a leading Greek manufacturer of flexible packaging materials with a big market share in Greece and increasing shares in export markets around Europe. The company special-izes in Rotogravure and Flexography printing of various films (OPP, PET, PVC, PE etc), cold Seal coating, hot melt coating and production of shrinkable bottle sleeves. Over the past decade, Tsimis SA has made a considerable number of investments in brand new rotogravure and flexography presses, laminators slitters, Hot Melt coaters and sleeve machines, all of which of-fers major potential to the company. The technical capabilities include rotogravure printing up to 10 colors and flexography printing up to 9 colors, lamination with solvent free or solvent based adhesives, cold seal coating in register, and hot melt coating of a great variety of sub-strates. These are used to package a wide range of products such as snacks, bread products, chocolate product, coffee, sausages, cosmetics, bar soap, liquid soap, dairy products and many others.The company operates a modern factory in the Lamia Industrial Zone, central Greece, which is certified according to ISO 9001, ISO 14001, PAS:223 and HACCP standards. Additionally, it is an approved supplier for most multinational companies, covering their operations in Greece and export activity to other markets.In 2013, the company’s total turnover increased to 30.04 million euros from 28.99 million euros in 2012. Profit fell to 1.92 million euros from 1.27 million euros in 2012.

PACKAGING, PRINTING

Industrial

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Industrial

C & P EKKOKKISTIRIA COTTON SA

Entirely export-oriented

“C & P EKKOKKISTIRIA COTTON SA” was established in 1996 in the Imathia, Veria, northern Greece. The family has been active in the field since 1946, when it was founded by Prodromos Ousoultzoglou, father of the enterprise’s current manager, Nicholas Ousoultzoglou. In 1954, the company expanded as Bros Ousoultzoglou - V.Spyridis OE, which proved to be a successful move that generated excellent performance and financial results. In 1978, Nicholas Ousoultzoglou became manager of the company and partner with a 25 per-cent stake. The following year, a further investment was made at the existing facility, increasing production capacity from 40 tons to 80 tons of seed cotton per day, while also allowing for gin-ning procedures. In the years that followed, the company developed rapidly, exporting most of its production to former eastern Bloc countries, as well Italy, Germany, Switzerland, and France, and beyond Europe, to Far East countries such as Indonesia, Singapore, and India. Production capacity was further increased to 700 tons per day of unginned cotton for increased exports to new markets such as Turkey, China, Brazil, Argentina, the UK, and Egypt to the company’s existing markets. Nowadays, the company remains highly export-oriented, with 90 percent of production sold abroad. Its financial results have enjoyed an upward trajectory. In 2012, the company was re-named “G & P EKKOKKISTIRIA COTTON SA”. Based on its new development strategy, the compa-ny invests in the modernization of production, while it has adopted renewable energy sources. The company constantly strives to improve and ensure the quality of its products, increase production levels, and reduce production costs.

SOURSOS SA

Major exporter of citrus fruits

Fruit packing firm SOURSOS SA launched its operations in 1990 and has grown dynamically to develop into a strong exporting company. Customers stretch from east to west Europe and include the Scandinavian region. Serbia, the Former Yugoslav Republic of Macedonia (Fyrom), Croatia, Albania, Poland, Romania, Bulgaria, Austria, Hungary, Switzerland, Germany, Sweden and, of course, Greece, stand as the main markets for the company. Nowadays, SOURSOS SA has won over customer confidence and loyalty on the strength of its credibility, solvency and continuous modernization. These attributes have led to the continu-ous expansion of the company’s exporting activity. SOURSOS SA packages citrus fruits and fresh fruits in general, at its privately-owned modern plant located at a 12,000 m2 space amid the heart of Greece’s largest citrus fruits plain, in Skafidaki, Argos, east Peloponnese. Products are packaged in a variety of ways to meet the re-quirements of even the most demanding customers. The company holds all quality and safety related certification. SOURSOS SA nowadays operates one production line with a capacity of 250 tons per eight-hour shift, 4 machines of gir-sac packing, 2 machines for making carton boxes, 2 palette-makers, 1 washing and disinfecting machine for plastic boxes (selection of fruit) and 3 fridge chambers. SOURSOS SA constantly develops its dynamic strategy in the highly important fac-tor of human resources in order to successfully implement its aims. The company’s personnel amounts to between 80 and 100 persons, while it also employs an experienced administrative staff, including a highly competent and specialized managerial team.

Contact Details19 Thessalonikis, Veria, 59100Tel: +30 23310 99635-99657Fax: +30 23310 99655Email: http://www.gpcotton.grWebsite: http://www.gpcotton.gr

Contact DetailsSkafidaki, Argos, 21200 Tel: +30 27510 42202Fax: +30 27510 42387Email: [email protected] [email protected]: http://www.soursos.gr

COTTON

FOOD PRODUCTS

Industrial

Industrial

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Contact Details4 Parnassou, 18233, Rentis Tel.: +30 210 4910103Fax: +30 210 4908173Website: http://en.mourikis.gr

F.A. MOURIKIS SA

Extensive know-how in wood processing over 80 years

F.A. MOURIKIS SA was founded in 1924 by Fotis Mourikis and ranks as one of the oldest entirely Greek-owned wood processing company. Today, 80 years on, it stands as one of the sector’s most sophisticated industrial enterprises. Mourikis SA is involved in entire the process of wood processing and is capable of covering the increased needs for wood as required by manufacturers. The industry processes mainly African wood.Okoyme trunks are used to produce a large range of well-known company products such as plywood, while other wood-type imports include Iroco, Aboura, Niagon, Aniegre, Doyssie, Limba, Sappeli, and Sipo. The company also imports - again in the trunk form American and European Oak which it pro-cesses. It also produces high-quality M.D.F. and Nobopan in an enormous variety of veneers, qualities, thicknesses and dimensions.The company’s production facility is located in the Corinth region of Kalamaki, its distribution center and administration are based in port-city Piraeus’s Renti district, while sales outlets op-erate in various parts of the wider Athens area. The Mourikis company employs 250 persons overall, in all departments. Mourikis products are sold throughout Greece, covering a wide range of needs, while its operations include height-ened export activity. The company posted sound financial results for 2013. Total sales increased by 7.43% to reach 15.5 million euros in 2013. It reduced losses incurred in 2012 by 70%, from 987,000 euros to 297,000 euros in 2013.

WOOD PROCESSING

Industrial

221


Contact Details3rd km Serres-Drama national highway, Serres, 62 125Tel.: +30 23210 68300Fax: +30 23210 68311Email: [email protected]: http://www.krikri.gr

Kri Kri

Among the most dynamic dairy product industries

The Kri Kri dairy industry’s roots date back to 1954 when George Tsinavos, the company’s founder, opened a small pastry business in Serres, northern Greece, which produced and dis-tributed ice cream and confectionery products around the town. Back in those days, ice cream was sold by roving hawkers equipped with handcarts that used ice and salt for cooling. Kri Kri ice creams, especially “cassata”, a unique ice cream, made using sheep’s milk for an extremely rich taste, gradually began gaining popularity beyond Serres. The ‘80s and ‘90s defined the company’s subsequent course. In 1987, the company constructed a new factory that also led to the production of yogurt made using fresh sheep and cow’s milk gathered from the Serres area. In the mid-90s, Kri Kri set up a branch in the Athens area, a move that bolstered its distri-bution network for nationwide market coverage. Nowadays, the company’s products, ice cream, yogurt and fresh milk, are distributed exten-sively to both supermarkets and smaller retail outlets. Kri Kri also exports to over ten countries. The company’s headquarters and main production plant are located in Serres. The company holds a majority 60 percent stake in a dairy production facility in Iraq’s Kurdish region, which supplies the Middle East market. It also holds a 49.29 percent stake in a facility in Sofia, Bul-garia, currently undergoing liquidation procedures. Kri Kri also operates its own distribution center in Aspropyrgos, on the western outskirts of Athens, used as a launching pad to supply the country’s south. Kri Kri began its exporting activity in 2000 with the aim of developing a presence in both Euro-pean and international markets. It has based its exporting effort on two key areas, understand-ing the unique needs of other countries and offering products of high nutritional value and quality.At present, the company exports the majority of its range of products to 20 countries in Eu-rope, the Balkans and the Middle East. As a key part of Kri Kri’s effort to target mainstream mar-kets in other countries, and not just Greek Diaspora communities, its products are available at a number of major international supermarket chains. The company posted increased total turnover and profit figures in 2013. Total turnover in-creased by 18% to 68.1 million euros from 57.8 million last year. Pretax profit increased margin-ally by 3%, to 5.3 million euros compared to 5.1 million euros in 2012.

FOOD PRODUCTS

Panagiotis Tsinavos

Industrial

222


Contact Details20 Anapafseos Street, 19003 Markopoulo, Attica, GreeceContact phones:Tel.: +30 22990 – 22231 Fax: +30 22990 – 23301Email: [email protected] Website: http://www.greek-wine-cellars.com

Greek Wine Cellars

Among the country’s oldest wineries

The first Greek Wine Cellars winery was established over a century ago, in 1905, by the com-pany founder and grandfather of the company’s current CEO, Vassilis Kourtakis. To date, since its founding, the winery in Markopoulo, southeast of Athens, has steadily expanded in size as well as facilities. Today, this winery is almost entirely devoted to bottling wine coming from the Ritsona winery in Viotia, central Greece.Until 1963, the plant consisted of a winery that simply gathered the grapes of the surrounding Mesogia plain, pressed them, and vinified the resulting must. The fresh wine was distributed to taverns around the wider Athens area, which, at the time, maintained their own barrels.After 1963, when the company stopped selling wine in bulk and began bottling its products, it set up its first bottling plant at Markopoulo. The winery’s capacity was impressive since, at the time, the annual production amounted to some 60,000,000 bottles of Retsina Kourtaki.In the ‘70s, the company moved its headquarters from downtown Athens to Markopoulo, into brand new offices next to the winery.In 1992, the rapid pace of growth of its exports and the need to expand its wine portfolio led the company to enter into a pioneering co-operation with the Calliga winery. “Greek Wine Cellars” would take over both the production and sales of the Calliga products in Greece and abroad, thus adding a premium quality range of wines to its own portfolio. Additionally, the export drive of the company continued to take off, with exports to 32 countries around the world. In 2000, exports accounted for nearly half of the company’s annual turnover.Today, the Markopoulo winery covers a surface of 2.8 hectares, has a wine storage capacity of around 16 million liters, 6,000 square meters of storage warehouses, 4 bottling lines, 1,200 square meters of office space, and large open spaces serving needs for handling raw materials, packaging items, and ready goods. The Markopoulo winery currently employs 130 persons. The company markets the following range of wines: Kouros, Vin de Crete, Apelia, Retsina, Imi-glikos, Dessert, Aegean Islands, Swan, Trilogie, 3 Nightingales, Allotino, Traditional and Ambe-lourgimata. The company posted a 6.8% increase of total turnover in 2013. It reached 25.6 million euros. Losses incurred in the previous year increased in 2013, reaching 733,000 euros.

SPIRITS

Vasilis Kourtakis

Industrial

223


Contact DetailsStreet B2-A5, building OT 21, GRC-25018 Patras, Greece Tel.: +30 2610242030 Fax: +30.2610647398 Email: [email protected]: www.resilux.gr

RESILUX

Leading force in PET packaging production

RESILUX ranks as one of the most outstanding companies in the PET (polyethylene terephthal-ate) packaging market. Ever since the company’s launch, the production of PET pre-forms and bottles has been the core business at RESILUX. The pre-forms are blown up into bottles at RESILUX’s facilities or by customers and then filled with water, soft drinks, edible oils, ketchup, detergents, milk, beer, fruit juices, and other commodities. High quality and reliable supply stand as distinctive features of the Belgian company’s operations. RESILUX supplies a complete range of PET pre-forms with a wide variety of weights, colors and sizes for the most diverse applications. Alongside the standard dimensions, RESILUX also designs and produces tailor-made models. The pre-form bottles weigh from 10.5 grams to 121 grams. With its considerable knowledge and experience in the food, cosmetics and chemical industries, RESILUX is able to develop and supply suitable PET pre-forms for all liquid products. RESILUX applies the strictest of quality standards to its production of PET bottles for singular or multiple use. Bottles suitable for multiple use are somewhat heavier than the disposable bottles and are characterized by their great sturdiness. Refillable bottles can be used up to 15 to 20 times. PET is relatively easy to recycle. It is primarily reused as a fibre in clothing and synthetic fabrics, foils and packaging, and, to an increasing degree, for production of PET bottles. RESILUX has mastered the technique of ‘bottle-to-bottle’ recycling, or the creation of a new bottle out of a used one.RESILUX’s Greek subsidiary produced improved results in 2013. Turnover rose by 30% to 28.5 million euros from 22 million euros a year earlier. It reduced a loss of 835,000 euros incurred in 2012 to 660,000 euros in 2013.

PLASTICS

Industrial

224


Contact Details70 I.Metaxa, Karelas, Koropi 19400, GreeceTel: +302106645027Fax: +302106644912Email: [email protected]: http://www.cerametal.gr

CeraMetal

Offering high quality products and services

CeraMetal Surface Engineering is ideally located some 20km from the centre of Athens in Greece’s most developed high-technology industrial zone. With over 5,000 square meters of purpose built production area, the company’s location offers quick access to the national road network, rail links, the sea port of Piraeus and Athens airport.The company operates three internal divisions that work in close collaboration with the ob-jective of fully satisfying a wide client base. The WearParts division manufactures WearPlates, WearStrips and WearPads as standard products for stock in popular qualities. The company’s around-the-clock production schedule ensures quick procedures whenever necessary. High-quality standards are maintained and controlled, in line with strict process specifications, ensuring that customers receive excellent and reliable products to solve their particular wear problems. The division offers a wide range of services to supply made-to-order parts, fabri-cated components and constructions to customer specifications, or alternatively, turn-key solutions designed and manufactured fully under CeraMetal’s control and responsibility. The division also offers profile cutting and forming of WearPlate, HardSurfacing by a wide range of surfacing processes, laboratory and wear-testing facilities. The consumables division manufactures a range of hardfacing wires and tubular electrodes at quality levels equivalent to those achieved for the WearParts. These products are a natural complement to WearPlates in the overall fight against wear, and offer additional flexibility to the user. They are also used internally for hardfacing in the Services division. The company has successfully completed many projects across Greece, including cement factories (for AGET and TITAN), electrical power stations, heavy machinery constructions (METKA), and numerous others for both Greek and foreign industrial companies. CeraMetal has a TUV approved ISO 9000 standard for the Quality Assurance of its products and services. Its modern laboratory offers routine chemical analysis by spark spectrometer and combustion techniques for independent C & S analysis. Wear testing equipment provides for abrasion testing to the ASTM G68 standard and erosion to the DIN 50332 standard. Metallog-raphy techniques include a programme for photomicrographs of structures and the reporting of the chrome carbide distribution. The company’s financial results improved along all fronts in 2013. Sales increased by 10% in 2013, reaching 12.4 million euros. The increase in net pretax profit was greater, rising by 75%, from 850,000 euros in 2012 to 1.4 million euros in 2013.

METALLIC PRODUCTS

Industrial

225


Contact Details3 Drosini & Tatoiou Street, Metamorfosi, 144 52, Greece.Tel.: +30 213 01 88 800 Fax: +30 213 01 88 888Website: http://www.korres.com/

Korres

Operating 23 stores worldwide, active in 30 countries

Korres natural products are available at pharmacies and cosmetics stores in Europe and other markets around the world, making it one of the most emblematic natural cosmetics compa-nies, globally. The Korres company’s roots date back to the mid-60s with the launch of a pio-neering Athenian pharmacy, the Tzovanidis pharmacy, Greece’s first homeopathic pharmacy, located behind the Panathenaic Stadium, also known as the “Kallimarmaro”. George Korres, still a student at the time, became a partner in 1989 and eventually took over the business in 1992. The newly-owned enterprise’s first step was to establish a top-notch homeopathy laboratory based on leading foreign standards. It was in this laboratory that Korres developed his first for-mula, which was tested on friends.Korres products are often inspired by the island of Naxos, Korres’s homeland. His entrepreneur-ial endeavors began the production of an aromatic syrup for the throat with honey and ani-seed. The product was inspired by “rakomelo”, a sweet spirit combining “raki” spirit and honey that Korres’s grandfather used to make. The company’s moisturizing cream, whose ingredients included Wild Rose, gained widespread international success.Today, Korres offers more than 400 natural and certified organic products, whose development has been based on extensive scientific research. Korres’s research and development depart-ment absorbs 6% of the annual budget. The company also works closely with a number of high-profile associates, including the University of Athens Pharmaceutical School, in an effort to map the properties of the country’s flora, as well as the Chios Gum Growers Association and the Kozani Saffron Association. The Saffron produced in Kozani, northern Greece, is considered as being the world’s best variety. Korres currently operates 23 stores around the world, including in Athens, Paris, Madrid, Prague and Barcelona. Korres products are also available in department stores in Tokyo, Los Angeles, Berlin, Sydney, New Delhi, Singapore, and Tokyo, as well as at over 6,000 pharmacies throughout Greece. Overall, the company is present in 30 countries, while its products are available at over 11,000 retail outlets around the world. Foreign markets spearheaded the company’s profit performance in the first half of 2014, a period during which sales rose by 20%, reaching 26.2 million euros from 21.8 million euros in the equivalent period a year earlier. During this period, Korres posted a profit of 546,000 euros following a loss of 862,000 euros in the previous period. Sales in foreign markets increased by 71%, driven by the US market, where the group operates a subsidiary firm, Korres USA Ltd. In Greece, sales increased by 4% compared to the first half of 2013.

COSMETICS

Giorgos Korres

Industrial

226


Contact Details30 Iroon Polytechniou, Falani, 40011, Greece Tel: +30 241 094 1815 Fax: +30 241 094 1549 E-Mail: [email protected]: http://www.hotos.gr

HOTOS SA

Feta cheese production a family affair

The Hotos family tradition in cheese-making stretches back three generations - to the early 20th century. It was back then that grandfather George Hotos perfected the secrets of Feta- and Manouri-cheese making, drawing from the accumulated knowledge of the mountainous Samarina tradition. Today, Hotos SA remains true to its family tradition, and combines almost a century’s worth of know-how with a state of the art creamery to ensure the superior quality of its products. The company successfully remains family-managed despite its steady growth, and substantial tonnage. The Hotos SA company-owned creamery is situated at the very center of the region’s milk pro-duction, thus enabling its people to apply the strictest quality control in all production stages. Building on its love for tasteful and healthy Greek cheese, and with the utmost respect towards the customer, the company exports its products to many countries of Europe, the United States of America and Russia. Hotos SA applies the ISO 9001, ISO 22000 and BRC standards for all the stages of production. Hotos SA primary markets cheeses, especially feta, manouri, goat anthotyro and mizithra, as well as sheep yogurt. All products are available in different, customer oriented, packages and pallets. The company applies a Quality Management System according to standard EN ISO 9001:2008 and a plan for safety and hygiene products (EN ISO 22000:2005). The company ended the 2013 fiscal year in a favorable fashion. Although sales increased mar-ginally, the company’s net pretax profit skyrocketed 204%. Turnover reached 15.7 million euro in 2013 from 14.6 million euro in 2012, while net pretax profit in 2013 amounted to 2.4 million euros from 811,000 euros in 2012.

FOOD PRODUCTS

Industrial

227


Industrial

GRANTEX S.A HELLENIC GREEK FRICTION MATERIALS INDUSTRY

Unique in its field

GRANTEX SA, nowadays a leading company in the production of friction materials, was founded 50 year ago by two brothers as a rubber industry manufacturing all kinds of rubber accessories suitable for hydraulic brake systems for cars and trucks. GRANTEX SA eventually terminated its production of rubber parts and focused on the devel-opment and production of friction materials. The firm’s production capacity covers all kinds of friction materials for automotive, industrial and marine applications. GRANTEX SA has obtained ISO 9001 approval, as well as AMECA, E 1 - R90 and E 9 - R90 certifications. The company has also extended its activities into the after-market, selling spare parts for heavy duty vehicles, through joint ventures with European and local producers, as well as through sub-contracts with do-mestic companies. The company is planning to launch a new industrial plant equipped with cutting-edge technology. Further details are expected to be announced in the near future. GRANTEX SA acknowledges that financial growth depends mainly on environmental sustain-ability. The company recognizes its responsibility for environmental protection and energy sav-ing, and has set specific regulations for all activities and departments. The firm’s flexibility in its production process, availability of a large range of products, as well as its objective of meeting the needs of almost every vehicle available, has allowed GRANTEX SA to adapt its products for all regions. This approach has made possible the firm’s strong internation-al presence. It exports worldwide, covering European markets as well as the regions of Africa, Asia, and the Middle East. The firm posted increased total turnover and net pretax profit figures in 2013. Total turnover rose by 19.89% year-on-year to reach 13.65 million euros. Net pretax profit rose by 126.19% to 1.70 million euros in 2013 from 750,000 euros in 2012.

PELOPAC SA

Mediterranean Food Specialties

Pelopac develops and produces authentic, natural Mediterranean and Greek foods for contempo-rary grocery, deli and food service applications, under several major brands, as well as for private labels. The company specializes in developing new custom products in collaboration with clients by drawing on its extensive knowledge of ingredients, processes and market requirements. Over the past few years, the company has introduced over 100 unique new items and has won a num-ber of awards for taste and innovation.Premium ingredients are used for the company’s products, based on Mediterranean cooking tradi-tions. Product categories include Olives & Antipasti, Spreads, Meze & Bruschettas, Glazes, Sauces & Sweet Toppers and Snack Packs. Many items are available Certified Organic, under the EU 834/07 and USDA NOP standards.Primary ingredients are carefully selected from the produce of local and regional agriculture and processed and preserved in traditional ways. Home cooking principles are applied at the com-pany facility with strict quality assurance and high tech packaging. All production is supervised by trained chefs and a certified food technologist. Ιn 2006, Pelopac built a 5,500 square meter, state-of-the-art production facility on the outskirts of Thessaloniki. The plant is equipped with raw material, packaging material, and finished products storage areas, including refrigerated storage for sensitive ingredients. The right packaging is crucial for maintaining the freshness and quality of products, maximizing effective use of resources in retail locations, and—of course—enhancing the appeal of the product to the consumer. Combining its traditional production methods with high tech packaging, Pelopac has developed and introduced a number of innovative solutions.

Contact Details50 Agias Annis St & Terma Orpheos 12241 Aegaleo, GreeceTel: +30 210 3465942Fax: +30 210 3472185Web: www.grantex.grEmail: [email protected]

Contact DetailsBlock 38, N1BA Street, Thessaloniki Industrial AreaSindos 57022, GREECETel: +30-2310754050Fax: +30-2310754051Email: [email protected]: http://www.pelopac.gr

TRANSPORTATION MEANS

FOOD PRODUCTS

Industrial

Industrial

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Norsafe Watercraft Hellas SA

Leading force in boat manufacturing, supplies

The company was founded in 1974 with the co-operation of Watercraft Ltd. U.K. Since 1974, Watercraft has supplied a vast number of lifeboats, and launches of all sizes from 16ft to 36ft as well as davits and hook release systems.In 1989 the davit sector of Watercraft Hellas was reformed by the foundation of Viking Hellas Ltd, a company affiliated to Watercraft Hellas and managed by the same management team. The company’s premises and davit manufacturing took place in Piraeus whereas the boat man-ufacturing took place in an industrial area near Thebes, about 80 kms north of Athens.In 2006 Watercraft Hellas SA was acquired by Norsafe AS (Faervik, Norway).Over all these years of operation, it is worthy to mention that Watercraft has manufactured and supplied commercial crafts up to 45ft for the needs of the Greek Authorities, the Hellenic Hydrographic Services, the Greek Coast Guard, the Greek Navy and finally the Greek Air Force where a special rescue craft was manufactured for training pilots in Sea Rescue.This facility provides Norsafe with a key location in the Mediterranean area, a fully owned fac-tory, and service hub. The company has experienced strong growth over all these years of op-eration and in 2009 the capacity has increased to 150 boats and 100 davits.Watercraft employs 85 specialists in manufacturing lifesaving equipment. Norsafe Watercraft Hellas has a range of products including conventional and open lifeboats, free fall lifeboats, rescue and fast rescue boats. The company can also supply specialised products such as patrol boats, pilot boats, landing craft and ship tenders. There is a wide range of davits or release sys-tems to suit all boats.Watercraft can be considered a specialist in manufacturing these products due to the experi-ence that has been acquired over the past 30 years and even more so now with Norsafe AS who has a 100-year history in the lifeboat industry and is considered a world leader.

Palaplast SA

Leading place in plumbing accessories

Palaplast SA was founded in 1980 by the Palatianas brothers with the company name Palaplast SA. Starting off the venture by producing simple irrigation fittings, the company developed great technological knowledge. During the year 2000, it was involved in a joint venture agreement in Izmir, Turkey, launched as a trading company. In October 2001, the company, PAL-VEP SA, was in-corporated with Palaplast so as to achieve maximum results for both companies. In the summer of 2003, Palaplast began relocating to a new base in northern city Thessaloniki’s industrial zone, a process that was completed in December 2004. Nowadays a major industry producing plastic pipes and fittings that are exported to over 100 countries around the world, Palaplast SA employs more than 200 persons for the production of over 3,000 products at a facility measuring 25,000 square meters. The production plant has a 6,000-ton production capacity. Palaplast SA ranks as Greece’s leading manufacturer in the production of plastic pipes and fittings for irrigation. The company’s considerable know-how, well-trained personnel, and use of the latest in robotic technology, have established Palaplast SA both domestically and internationally. The company’s vast variety of pipes and fittings, produced in countless sizes, ensure excellent results and quality for irrigation networks. In more recent years, Palaplast SA has made a dynamic entry in the field of potable water supply, achieving excellent results. Also, Palaplast SA has introduced new products for geothermal energy, fiber optics networks, and heating products. The company posted improved financial results despite Greece’s ongoing deep recession. Total turnover in-creased by 7.3% to reach 22 million euros in 2013. Net pretax profit rose spectacularly, by 545%, to two million euros in 2013 from 314,000 euros in 2012.

Contact Details7th Kilometre Thebes-Chalkis Old National Highway 32200, Thebes, Beotia, GreeceTel.: +30 22620 22441Fax: +30 22620 29075 e-mail: [email protected] Web: http://www.norsafe.com/watercraft

Contact DetailsInd. Area Of Sindos, Thessaloniki, GreeceTel: +30 2310 712512Fax: +30 2310 797959E-mail: [email protected] Website: http://www.palaplast.com

TRANSPORTATION MEANS

PLASTIC

Industrial

Industrial

229


Contact Details29 Paradisou St., Maroussi 15125, Athens, GreeceTel: +30 2106836860Fax: +30 2106836850Email: [email protected] Website: http://www.chbjuices.com

Christodoulou Bros SA

Exporting 85% of its annual production

Christodoulou Bros SA has enjoyed a constant presence in the fresh fruit industry since 1955 and, nowadays, stands as the bigger fruit processing group in Greece. The company processes only Greek fruit, renowned for its superior quality. The company’s fruit processing activity began in the early ‘70s. These days, the total annual output of CHB- VITOM exceeds 150,000 tons of local oranges, peaches, apricots, apples, pears, lemons, kiwifruit, grapes, cherries, plums, pomegranates, carrots and grapefruits.Using these fruits, as well as combinations, the company also produces a wide range of prod-ucts, including fruit juices, private label juices, canned fruits, fruit preparations, purees, sorbets, ice cream and coffee syrups. In addition, CHB manufactures drink bases and mixtures of them for juices and fruit drinks.The company’s products are sold to juice and soft drink bottling companies,dairies, ice cream manufacturers, jam and baby food producers, companies that belong to the HORECA sector, supermarket chains as well as to perfume companies. CHB- VITOM exports 85% of its annual production to Europe, Asia, the Middle East, Africa, Aus-tralia and America.CHB is located in Aghia Triada, Nafplio, eastern Peloponnese, amid the heartland of citrus fruit production. The company is capable of processing over 100k ton of fruit, annually. The latest FMC extractors are used in , while the plant is equipped with refrigerated storage areas for citrus fruits juices (concentrates or not) and with dry storage areas. The production plant is 20,000 square meters in size and located on 90,000 square meters of privately-owned prop-erty. Artfruit belongs to the company and operates in the production and distribution of fruit preparations for dairy products, ice cream and bakery products. Artfruit is based in Nafplio at the company’s facilities. Regarding the food safety management system (FSMS), the company complies with the ISO22000:2005 standard. CHB is a member of the SGF/IRMA organization and juices are produced in accordance with the AIJN standard code. Kosher and Halal certificates are avail-able upon request. Furthermore, products for baby foods are certified by specific authorized laboratories. CHB has an ultramodern research and development department established by skilled scientists (chemists, agriculturists, chemical engineers, food technicians, biologists etc.) responsible for the development of all new blends and juices bases, flavours and fruit prepara-tions. Total turnover at the company dropped by 5% in 2013 to 18.1 million euros from 19.1 mil-lioneuros in 2012. Pretax profit fell more considerably, by 19%, to 183,000 euros in 2013 from 226,000 euros in the previous year.

FOOD PRODUCTS

Industrial

230


Contact DetailsImeros Topos, 19300 Aspropyrgos, Attica P.O Box 139Tel.: +30 210 5589 500FAX: +30 210 4835 007Website: http://www.vitex.gr/ E-mail: [email protected]

VITEX - YANNIDIS BROS S.A

Vitex since 1932 “writes” the history of color in Greece...

Yannidis group was founded in 1932, with main activity in trade bituminous membranes for insulating buildings and continued with the creation of the necessary installations for mass production under the name “Hermes”. In 1960 the company expanded its business to the pro-duction of paints and varnishes. VITEX brand was born! It was the company’s first product in this industry. The company then was named ERMICHROM and VITEX was at the time a pioneer-ing plastic paint color.The product’s success was based on fast drying properties, which enabled the user to “perform all the work faster and with greater economic benefit.”The commercial policy back then, aimed at the development of distribution at all the relevant stores all over Greece. The graphical display of the label becomes well known in Greece and the container with “VITEX plastic color” becomes instantly recognizable. This way the brand «VITEX» acquires awareness and becomes a synonym of good quality plastic color for each use.Along with the spread of the plastic color, the company develops more products relative to the wider range of decorative paints. Following the latest trends, and as the company’s activities expand outside Greece, the trade name of the company today has become VITEX-HERMES, with VITEX referring to the produc-tion of coating paints and varnishes and HERMES in the field of bituminous waterproofing products Today we enjoy the highest esteem by Greek consumers in the field of color industries, and we are rapidly growing in the Balkans. The company supports its growth through uncompromising quality of its products, the high-level expertise and the strong bonds it has established between the commercial network of its customers, through a customer-friendly approach, and last but not least, by implementing honest and responsible practices showing constantly it’s humane character. Vitex invests in Greek territory. Investments in recent years include the creation of sophisticated production facilities of VITEX architectural paint colors, which makes them strong and flexible to the chal-lenges of a constantly changing business environment. Believing in the possibility of penetra-tion into other markets, the company management have formulated a strategic expansion of company in other countries, in an effort to make internationally known the brand. The plant of insulating materials is found in Agia Paraskevi in Aspropyrgos as well.Vitex has presence with subsidiaries in three foreign countries, Serbia, Romania and Bulgaria, and representation in several others, we are laying the foundations for a successful route in the future.

Konstantinos Giannidis

231


Contact DetailsKefalovrison, Etoliko, ETOLOAKARNANIA, 30400, GreeceTel: +30 26 320 22 516Fax: +30 26 320 22 983Email: [email protected]: http://amalthia.com.gr

Amaltheia SA

Excellent products, flawless positioning

Amaltheia SA made its first steps from the heart of one of Greece’s most important olive oil produc-ing regions in the world. The enterprise was founded in 1966 as a general partnership company, “Athanassios ZOUKAS & Co.” by its founder Thanassis Zoukas. In 1980, the company changed legal status to become “Amaltheia SA” and has since continued to operate at the same location, in Ke-falovriso, Etoliko. Over its entire track record, but especially so in more recent years, the company, which produces table olives and olive oil, has striven to modernize and expand its facilities with the installation of new technological equipment, more efficient management and staffing, use of modern standards and monitoring technologies for quality assurance of products, in order to meet the demanding requirements of modern consumers and developed foreign markets. Operating under ideal conditions in terms of hygiene, the company exports about 90 percent of its olive oil produce. At present, the company sells to seventeen different countries, the main markets being the USA, Canada, Australia, Germany, Belgium, Finland, the UK, France, and South Arabia. The company’s financial performance has constantly improved ever since it went into business. Nowadays, turnover typically reaches levels of about 10 million euros, while the compay employes 45 persons on a full-time basis for the production and standardization of 5,000 tons of table olives - Kalamata, Green and Black olives - and some 200 tons of olive oil, annually. The company’s production approach stands out as traditional recipes have been maintained for its products, resulting in authentic and distinctive culinary options. At the same time, the production process is supported by modern infrastructure, both equipment and building facilities, as well as a qualified personnel, which, all combined, ensures optimal quality and and flawless market posi-tioning of products, even in the most demanding markets. The company’s ultimate aim is to offer consumer satisfaction.

FOOD PRODUCTS

Konstantinos Zoukas

Industrial

232


Contact DetailsThessaloniki Industrial Zone (A5 str), Sin-dos, 57022, Thessaloniki, Greece Tel: +30 2310798483Fax: +30 2310796221Email: [email protected] Website: http://www.barbastathis.com/

Barba Stathis

Nutrition, Flavor and Convenience

The Barba Stathis frozen fruit and vegetables product line, launched by Michaelides SA, dates back to 1969 and has become increasingly popular among consumers. Over the years, the company has implemented innovative ways to expand its range of products by launching mixed vegetable packages and frozen potatoes. Barba Stathis SA nowadays belongs to the Vivartia Group, Greece’s leading food company, as well as a proud ambassador of Greek Nutrition. Nutrition, flavor and convenience stand as the fundamental aspects behind the company’s success. Company activities include the production and sale of frozen vegetables (conventional and organic), mixed vegetables (plain and with rice), combinations of frozen vegetables based on traditional Greek recipes, as well as tomato products and fresh salads. In the dough category, the company produces authentic delicious pastry offerings based on Greek traditional recipes, all under the Hhrysi Zymi brand name. The product range here includes frozen “filo”, or thin-layered dough, pies, mini pies, pizza and various other “filo” dough categories. Barba Stathis’s production plants fully comply with all national and international food quality management and safety standards. The company’s EN ISO 9001/2008, EN ISO 22000/2005, I.F.S. & B.R.C. quality and safety certificates ensure that its vegetables are produced according to these standards.The company is experiencing dynamic growth in the European, American & Middle East markets, mainly on the strength of its dough products. In 2013, the company’s overall export performance remained stable compared to the previous year. However, significant export growth was registered in Germany (+37%) and Australia (+7%). Also in 2013, the company be-gan exporting frozen vegetables and frozen pastry to the United Arab Emirates and Libya as a joint venture involving Vvartia with Exeed. The company’s export performance of frozen pastry products was also strong in Turkey in 2013, compared to the previous year. Exports to Cyprus, representing 33% of the company’s sales abroad, declined by 5% in 2013 as a result of the financial crunch experienced by the neighboring country in March of that year, as well as the subsequent deterioration of consumer purchasing power. In the Balkans, the corporate group’s activity is limited to Romania, which it supplies frozen vegetables with rice. The company’s performance in this market improved in 2013.As for the Greek market, Barba Stathis, in 2013, improved its market shares in almost all catego-ries, thereby maintaining and strengthening its leading position, which led to enhanced profit-ability and cash-flow figures. For yet another year, the market standing of Barba Stathis’s frozen vegetables line was further strengthened to bolster the product category’s leading position. Its market share was increased to 51.6% in volume terms, up by 5.5% year-on-year, and 63.5% in value terms, up by 3.6% year-on-year. In 2013, total turnover amounted to 70.8 million euros, a 6.8% year-on-year increase. Net profit after taxes reached 200,000 euros, up from losses of 400,000 euros incurred in 2012.

FOOD PRODUCTS

Antonis Mavridoglou

Industrial

233


Industrial

AMEKON SA

Environmental policy a key factor

AMEKON SA was established in 2003 with the primary objective of recycling lead scrap (lead sheets, lead pipes) and all sorts of secondary cells for the production of lead sheets and other lead alloys. Lead is a soft, malleable and ductile metal, but it can be toughened by adding a small amount of antimony or other metals to it, through the production of several alloys. Lead consumption amounts to over six million tons worldwide each year, two-thirds of which is derived from secondary sources. Three-quarters of lead quantities are used for recyclable prod-ucts, making lead the most recycling material of all the common non-ferrous metals. AMEKON, located in the industrial zone of port-city Patras, western Greece, is the country’s only lead recycling enterprise, which leads to the production of lead with a purity of 99.98%, making it appropriate for use in industrial production, both in Greece and abroad. The com-pany also produces lead and lead-sheet alloys. The firm’s recycled lead production amounts to 10,000 tons, annually. The company’s thoroughly applied environmental policy, based on ISO 14000 certification standards, is a key factor behind its successful operation. The company collects lead-acid bat-teries with four company trucks, and they are transported in special plastic containers.The company’s financial results slowed down considerably in 2013. Sales fell by 22% to 11.7 million euros in 2013. Net profit fell by 20% to 880,000 euros in 2013, from 1.1 million euros a year earlier.

KESIDIS BROS SA

Leading the east Europe food game

KESIDIS BROS SA was founded in 1996 by the siblings Panagiotis and Chistoforos Kesidis, the firm’s objective being to trade food hailing from former Soviet Union countries, and other sources as well. That same year, the company became a member of the MONOLITH group. The group’s storage facilities, measuring 2,500 square meters, and located at the firm’s company-owned building, are equipped according to European Union sector-related regulations. The MONOLITH GREECE storage facilities carry ISO 22000:2005 certification. The firm’s Athenian branch serves clients in southern Greece and the country’s islands. The firm’s organizational structure, continual effort for improvement, both in terms of quality and services offered, have established the enterprise at the top of the Greek market for Russian products. MONOLITH GREECE distributes to over 500 retails points around Greece on a weekly basis. Its products are divided into three categories – food products, frozen food, and beverages. The firm posted a profit for a second consecutive year in 2012. Total turnover increased by 23% to 11.16 million euro in 2012 from 9 million euro in 2011. Net pretax profit reached 475,000 euro in 2012 from 413,000 euro in 2011, a 15% increase.

Contact DetailsPatras Industrial Zone, 25200Tel.: +30 2610647571Fax: +30 2610647573E-mail: [email protected]: http://www.amekon.gr

Contact Details570 08 Ionia, Po Box 1661, Neochorouda, Thessaloniki, GreeceTel: +30 2310784366, 2310785121Fax: +30 2310784661Email: [email protected]: www.kesidis.com/

METAL PRODUCTS

FOOD PRODUCTS

Industrial

Industrial

234


Tupperware

Leader over the past seven decades

The well-known “Tupperware” brand made its first appearance in America in 1946, when Earl Tupper introduced the WONDERLIER BOWL, which is still sold today. The WONDERLIER BOWL had an advantage over all other food containers as it was lighter, didn’t break like glass or ceramics, and mainly because it was accompanied by a watertight and airtight lid. Despite the revolution that was brought about by the new product, it didn’t sell satisfactorily in supermarkets, as consumers needed a demonstration to understand its uses and operation. In response to the subdued reac-tion, TUPPERWARE introduced a completely new way of approaching consumers in 1948 - residen-tial demonstrations.TUPPERWARE emerged in Greece in 1964 and, three years later, began operating a factory in The-bes. Today, the Thebes factory is one of four operated by the firm in Europe. It is equipped with modern machinery and highly qualified staff.At present, TUPPERWARE products are available in 100 countries around the world, offering prod-ucts for all needs and cultures. Every two seconds, a Tupperware demonstration is being performed around the world. The products introduced by company founder Earl Tupper revolutionized stor-age, maintenance and preparation of food and continue to shape modern-day lifestyles with mod-ern design and innovative features. In today’s information age, consumers can feel confident about finding Tupperware products easily thanks to an extensive distribution network covering the whole of Greece. Consumers can also feel confident that Tupperware will continue to offer products and services of unparalleled quality. The Tupperware product range can cover the most demanding of consumer needs. New inventions al-low Tupperware products to withstand extreme temperatures, from -40 ° C up to 230 ° C!The company’s total turnover increased by 3% in 2013 to 40.4 million euros from 39.3 million euros a year earlier. Net pretax profit fell by 19% to 2.6 million euros in 2013 from 3.3 million euros in 2012.

Inform P. Lykos SA

Losses reduced by 80%

Inform P. Lykos SA was founded back in 1897 as a printing company and entered the Athens Stock Exchange in 1994. Today, the company stands as an indispensable link in the communication chain that manages the life cycle of the document, transforming it into an electronic and strategic unit of information.The company leads the market in printing products, such as business forms, security and commer-cial printing, carton and plastic cards. Inform P. Lykos is a pioneer in the market for business process outsourcing, offering statement and bill digital printing and fulfillment, electronic bill presentment, card personalization, loyalty software applications and print management services. The company operates from its purpose-built premises of offices and production areas, covering 25.000 square meters in the Attica region, employing more than 230 employees.The company successfully delivers products, services and integrated solutions customized to highly sensitive and demanding requirements for Banks, Telecommunications, Governments, Lotteries, Retailers and other organizations. Export sales have been increasing rapidly during recent years, covering Europe and North Africa. Today, international sales comprise 30% of the company’s total sales, while the company’s target is to double this figure over the next couple of years.The company’s total turnover figure increased by 20% in 2013 to 32 million euros from 26 million euros a year earlier. It managed to reduce losses by 80%, to 300,000 euros from 1.5 million euros in 2012.

Contact Details4 Akadimias street, 106 71, Athens, ATTICATel.: +30 210 36.79.300Fax: +30 210 36.02.193Email: [email protected]: http://www.tupperware.gr/

Contact Details5th km Varis Koropiou Avenue, 19400 Koropi Tel: + 30 210 6697500 Fax: + 30 210-6697629 E-mail: [email protected]: http://www.lykos.gr

PLASTICS

PUBLISHING – PRINTING

Industrial

Industrial

235


Contact Details69 Eleftheriou Venizelou, Neo Faliro, 185 47, Piraeus, GreeceTel.: +30 210 4814971Fax: +30 210 4822492E-mail: [email protected]: http://www.ion.gr

ION S.A.

Leading force after 85 years of chocolate production The historic Greek company ION’s history dates back to 1930 when a group of shareholders launched a chocolate factory in Neo Faliro, next to the country’s main port-city of Piraeus. Not long after, a second company, NASKO SA, was launched, specializing in the production of sugar confec-tionery products. This corporate addition continues to play a dominant role with a number of sugar confectionery products, such as NASKO fruit filled caramels and the assorted caramel range. Carrying on from these successful early entrepreneurial initiatives, the foundation of ION’s current magnitude and importance as Greece’s leading chocolate brand was set following World War II with the establishment of ‘I. Kotsiopouloi Bros. SA in 1956, set up as the trading arm for the sales and distribution of both ION SA and NASKO SA. Combining forces with the company’s headquarters in Piraeus and a factory located in the commercial center of Athens, at 43c Athinas street, the newly established company provided the blueprint for today’s sales and distribution network.Nowadays operating three fully company-owned distribution centers in Athens, Thessaloniki and Volos, the company is able to reach the entire Greek market. The company’s export activity has steadily gained momentum. It is focusing on European markets, the Middle East, and North Ameri-ca, while exports have also performed well in southeast Asia, including Japan, Egypt and Australia. In foreign markets, the company markets ION & BREAK Chocolates, NUCREMA Spread, NOISETTA Praline and CHOCOFRETA CHOCOLATE COVERED WAFER. ION nowadays operates two modern production units, in Athens and Arta, northwestern Greece. Both offer large-scale production capacities as well as quality-control and R&D facilities. Employing a workforce of over 950 persons, the company is ranked among the 50 largest industries in Greece.Kotsiopouloi Bros. SA maintains the exclusive sale and distribution of all ION products throughout Greece. The company’s distribution center in the Athenian district of Kallithea covers the wider Ath-ens area and Piraeus. It is comprised of a group of sales and merchandising officials. The company’s first additional facility beyond Athens was established in Thessaloniki. Covering the company’s market needs throughout Greece’s northern region, the facility has developed to become an extremely modernized distribution centre that also houses offices and warehouse facili-ties. All other parts of Greece are covered by a group of salesmen and local representatives managed by officials at the company headquarters.In 2013, the company’s total turnover increased by 1.6% to reach 99.3 million euros. Pretax profit enjoyed a far greater increase of 23% and amounted to 1.5 million euros.

FOOD PRODUCTS

Industrial

236


Contact DetailsArmatolon & Klefton 48 11471 Athens, GreeceTel.: +30 210 9330595Fax: +30 210 9330576Email: [email protected] Website: http://www.gaea.gr

GAEA FOODS

Authentic Greek Mediterranean products

Gaea was founded in 1995 following market research that showed Greek agricultural food products were absent from international markets, despite their high quality and good taste.Gaea offers a delicious product range that is indispensable in traditional Greek cuisine. Its products are of the highest quality, grown naturally on Greek land, sun-ripened and harvested the traditional way. It is important for Gaea to preserve and optimize nature’s offering. Gaea’s factory has been set up at a 15,000 square meter plot of land located 1.5kms from the center of Agrinion, in western Greece. The facility’s total floor space measures over 6,500 square meters. The factory features fully automated production lines for olive oil bottling, olive bottling, spreads, dips and sauces, as well as an additional olive line for the production of inno-vative “snack pack” packaging, without preservatives. Hourly capacity reaches 3,000 packs. The facility includes a 3,000 square meter warehouse equipped with refrigeration and ten stainless steel tanks, each with thirty-ton capacity, for olive oil storage.The company’s factory operates under the ISO 9001, HACCP, BRC and IFS high standards, while it recently acquired certification for ISO 14001 environmental accreditation. Gaea olive oils are the first carbon-neutral olive oils of the world, certified by the Swiss nonprofit organization “myclimate”. The company already implements an on-site compacting and recycling policy.The facility’s departments are comprised of production, supply, quality control, R&D, ware-housing and logistics. Gaea’s headquarters, located in central Athens, are comprised of HR, Accounting & Finance, Marketing & Communication, CSR - Environmental Management, Do-mestic Sales, Exports Sales and Logistics. The factory produces Greek extra virgin olive oils, Greek olives, Tapenades, cooking sauces, Greek specialties, Vinegars, Organic range and fruit bars. Gaea’s significant product know-how, coupled with its developed distribution network, pro-vides the company with the ideal platform for expansion in the international market.Gaea exports to the wider European region, countries including Austria, Belgium, Cyprus, Den-mark, Germany, Britain, Finland, France, Norway, Poland, Romania, Russia, Slovenia, Sweden, Switzerland and the Netherlands, as well as to China, Hong Kong, Australia, New Zealand, the USA, Canada and Brazil.

FOOD PRODUCTS

Aris Kefalogiannis

Industrial

237


Contact DetailsPsaron & Anapafseos str., 186 48 Piraeus, GREECETel.: + 30 210 4060300Fax: + 30 210 4626 268 / 4619 631E-mail : [email protected] Website: http://www.katradis.com

Katradis group

Steady upward trajectory

The Katradis group of companies hails from a boat supply company specializing in the produc-tion of high quality ropes, which was established by Konstantinos Katradis in 1936 and has since become a pioneer in the manufacturing sector. Today, with over 70 years of experience, the group is undoubtedly prominent in the field of ropes while also excelling as a manufac-turer of wire ropes. Other products offered by the company include mooring ropes, anchors, chains, anodes, port development equipment, paints, and deck equipment. The group provides services as a manufacturer, importer, exporter, distributor and dealer to the marine and industrial sector in an efficient and cost-effective manner with the support of an extensive global network of affiliated establishments, agents, suppliers and representatives, all favorably positioned at major ports, thereby guaranteeing immediate service. Aspiring to broaden its horizons, the group, in the early 80s, began supplying marine paints, offering high-quality protective coatings known as Shark Marine Paints. Furthermore, the group has nowadays secured a competitive role in the provision of a large assortment of an-odes, including zinc hull anodes, aluminium hull anodes, zinc tank anodes, zinc pit guard an-odes, aluminium tank anodes and aluminium pit guard tank anodes. The Katradis group boasts a large stock of deck equipment in Piraeus and globally, in addition to the vast array of Port De-velopment Equipment such as rubber fenders, buoys, floating marinas, bollards and oil booms. Strategically located in the vicinity of the port of Piraeus, thereby ensuring easy and rapid ac-cess, the group’s headquarters occupy an extensive area of 9,000 square meters that house testing facilities for technical support to all Piraeus-based shipping companies. The Katradis group prides itself in being compliant with the classification societies LRQA (ISO 9001), ABS, GERMANISCHER LLOYD, API and LLOYD’S REGISTER and all its products are designed and man-ufactured in accordance with DIN, BS, CI, EN/CE, API, ISO, ASTM, MIL and other international standards. The Katradis group subscribes to a Total Quality Management philosophy and a Quality Management System & Process in line with ISO 9001. Total Quality Management phi-losophy indicates the attention and control that must be given to all features of a product or service, in order to ensure total customer satisfaction. The TQM process is the comprehensive process of satisfying the customer, starting with a request for a product or service through the delivery and use of the item that satisfies the request.The company enjoyed a steady year in 2013. Total sales increased modestly, by 2.8%, to reach 10.8 million euros in 2013. Net pretax profit rose by 11% to 780,000 euros in 2013 from 700,000 euros in 2012.

MARINE ACCESSORIES

Industrial

238


Contact Details11 Oitylou str. /Athens, P.C. 11523, GreeceTel: +30 210 6985340Fax: +30 210 6981509 Email: [email protected] Website: http://www.elmin.gr

ELMIN S.A.

Operational excellence and customer intimacy

ELMIN S.A. is a Bauxite mining and trading company with mines in central Greece and own loading facilities. Exporting almost 99% of its products in 3 continents, Europe Africa and America. ELMIN S.A. has 108 privately - owned and rented concessions all in central Greece in Attica, Viotia, Fthiotis, Fokis and Evia, as well as exploration licenses and concession declara-tions. ELMIN is the only mining company in Greece using SURPAC software for the illustration of maps in electronic format and the processing of geological data for the construction of re-serve model. This provides more accuracy in the estimation of reserves and consequently less variation in the design of galleries for ore exploitation. The Geo-Research Drilling equipment with the ability to work underground and perform inclined drills and the new Geo-Research Drilling equipment with the ability to perform surface inclined drills. Since its establishment in 2000, ELMIN has invested over 15 million Euro in new technology and research, enabling the company to increase dramatically its production and sales, enforc-ing its presence in the Bauxite world market. Company’s strong entry into the international markets depends to a large extent on improvement of already produced products, as well on the development of new ones of higher added value. In this framework the company has established cooperation research institutions such as Hellenic Center for Marine research, Uni-versities etc.The head office of the company is located in Athens, while the main mining center of the baux-ite production is located in Lamia where at the same location are based the processing and loading facilities. The main mining center of ELMIN S.A., in Lamia (central Greece), is composed of mines scat-tered in the regions of mounts Giona and Iti. Only underground exploitation methods are used, mainly “Rooms and Pillars” and in some cases “Sub level Caving” and “Under cut & Fill”. The main reason for such choice of methods is the company’s environmental policy for mini-mum environmental impacts. On the other hand those methods provide high degree of ore take over and purity.Mining of the Bauxite ore is performed by the latest technological equipment, most of it made as of 2003 and after. The extracted ore is transported by trucks at privately own processing facilities in Aghia Marina 20 km far from the town of Lamia. Processing of the ore includes the stages of crushing, screening, enrichment (lime removal) and stock piling. Transportation of bauxite to the customers is mainly done by sea vessels, loading of which is carried out at the loading facilities of the company at Aghia Marina own port. The capacity of the loading facili-ties is 500 MT/hour while vessels up to 18.000 MT can be berthed at our port.

MINES

Industrial

239


Industrial

Smirdex

Exports represent 85% of trade

Smirdex ranks as one of the leading manufacturing companies of coated abrasives in south-eastern Europe. Located in northern Greece, at an area covering 32,000 square meters, of which 16.000 square meters are built, Smirdex has been producing coated abrasives of high quality since 1981. Thanks to the continuous efforts for improvement by the firm’s specialized staff, the company has managed to grow and meet its sector’s high demands. The firm recently added a new, technologically advanced production line that has boosted its production capacity to 40,000 square meters per shift. Nowadays, the firm exports to more than 50 countries worldwide. An 85% proportion of its production is exported while the remaining 15% is sold locally. The firm’s main objective is to satisfy the growing needs of modern professionals, which is why it con-tinuously invests in research and development. The firm remains open to new developments by keeping a close watch on the international market, which has ensured its manufacturing of high-standard products. High standards of quality control throughout the manufacturing process are ascertained by sophisticated on-site electronic systems, while finalized products are also evaluated, offering the highest quality that meets the industry’s standards. The company posted increased total turnover and net pretax profit figures in 2013. Total turn-over rose by 12% to reach 11.8 million euros in 2013. Net pretax profit increased by 44% to 4.2 million euros in 2013 from 2.9 million euros a year earlier. Contact Details:

AGROINVEST SA

Sustainable Agribusiness from East Mediterranean to the World

Agroinvest is the most robust and versatile agribusiness conglomerate in Greece. Committed to operational excellence and customer satisfaction, Agroinvest promotes sustainable agri-business from the eastern Mediterranean to the world.Agroinvest is active in several markets. It is currently mainly focused on producing and trading edible seed oils, biodiesel, fish feed, animal feed, oilseed meals, flour and Mediterranean fish.Agroinvest’s Achladi industrial complex is a vertically integrated production facility, which provides huge competitive advantages. In essence, the complex is made up of several sub-factories that provide heightened overall efficiency and synergies. Through this approach, the company creates added value along every step of the way, while simultaneously ensuring the highest possible quality. Agroinvest is an emerging leader in Mediterranean Fish Farming. By controlling the whole process “from seed to fish”, the company is in a unique position to guar-antee nutritional quality to its fish population and excellent quality to its customers. Addition-ally, the company’s team of leading market experts is dedicated to constantly optimizing the company’s fish feed through R&D programs.Its main fish products are sea bream (sparus auratus, dorade royale) and sea bass (dicentrar-chus labrax, branzino). The company operates a number of floating cage farms located in east-ern Peloponnese and western Greece.Agroinvest proudly distributes its high-quality fish to a wide network of clients in Greece and abroad. Its fish production reaches major markets in Europe including Italy, France, the UK, Germany, as well as Israel, the USA, and Canada.

Contact DetailsLefki-Xanthi, P.O. Box 109, 671 00, Xanthi, Greece. Tel: +30 25410 27836Fax: +30 25410 72323Email: [email protected]: http://smirdex.gr/el/

Contact Details517 Vouliagmenis Avenue, 16341Ilioupoli, Attica, GreeceTel.: +30 210 48 12 280Fax: +30 210 48 26 576Email: [email protected] Website: http://www.agroinvest.gr/

NON – METALLIC

FOOD

Industrial

Industrial

240


Contact Details35th km Kozani – Kastoria Old National HighwayAg. Kyriaki, Kaloneri – Siatista, 503 00, GreeceΤel.: +30 24650/71 054, 71 055Fax: +30 24650/71 050E-mail: [email protected]: http://manzari.gr

MANTZIARIS SA

Profit increases by 60%

MANTZIARIS SA is active in the manufacturing and sale of women’s fur clothing and accesso-ries. Founded in 1991, the company has risen steadily and emerged as one of the most impor-tant and fastest-growing companies in the sector. The company’s dedication to quality and its perfectionism have, over the years, built a reputation that stretches beyond Greece’s borders, offering global recognition. The company is based in the Siatista area, close to Kozani, northern Greece, at a 2,500 square meter company-owned facility that includes its administrative offices, manufacturing, produc-tion, design, pattern production, laundry/dry-cleaning departments, as well as show rooms. The company has developed its sales network through company-owned outlets, as well as collaborating outlets, for wholesale and retail trade in the international market, thus making “MANZARI, Luxury Furs” available at most popular shopping locations. The company exports its products to Russia, United Arab Emirates, the USA, Canada, Europe and Asia. MANTZIARIS SA buys most of its high-quality raw materials at auctions in the USA (ALC), Canada (NAFA), Denmark (KOPENHAGEN FUR AUCTION), Finland (SAGA FURS OYJ) and Saint Petersburg (SO-JUZPUSHNINA). Subsequently, processing and dyeing is undertaken by specialized dye works and tanneries, contributing to the excellent results of every collection. Materials used include farmed mink, fox, chinchilla and swakara, as well as wild mink, sable, and cat lynx.The company’s advanced know-how, excellent raw materials, and top-quality manufacturing, design and after-sales service, all combine to offer it a commanding comparative advantage. It is determined to maintain its high standards. Immediate goals at the company include pen-etrating the fur-farming sector through the establishment of farms in the wider area of the Kozani-Kastoria prefecture, and vertically integrating production.The company’s total turnover fell by 30% to 11.7 million euros in 2013 from 16.7 million euros in 2012. Net pretax profit increased by 60% to 716,000 euros in 2013 from 450,000 euros in 2012.

FURS

Industrial

241


Contact Details20 Marinou Antypa st, Alimos, 17455 , Athens, GreeceTel.: +30 210 9875000Fax: +30 210 9875076Email: [email protected], [email protected]: http://www.thracegroup.com

Thrace Plastics Pack SA

Pretax profit rises by 64.43%

Thrace Plastics Pack was founded in 1997 with the establishment of a new plant in Ioannina, northwestern Greece, focusing entirely on packaging solutions. Thrace Plastic Pack’s product portfolio focuses on PP/PC/PE packaging solutions for the food and chemicals/paint sectors. The company applies a combination of high-end production technologies with the latest decoration techniques (IML, Offset printing, Shrink Sleeving) in order to provide its customers with customized products offering unique identities in their re-spective markets. The company’s list of products includes injection moulded containers, thermoformed cups and lids, thermoformed drinking cups, bags in box, and polycarbonate bottles. All are appli-cable in industrial packaging for the paint/chemical industry and consumer packaging for the food industry. Southeastern Europe has served as the main market for Thrace Plastics Pack but, over the past decade, the company has become a considerable player in northern and western Europe. More recently, Thrace Plastics Pack has expanded its activities towards new markets, including Africa. The company’s continual development of new ideas and innovations, often in close collabora-tion with its customers, serves as its main competitive advantage. Thrace Pack is part of the Thrace Group, comprised of seventeen companies around the world. In Greece alone, the group operates six different companies. The company has implemented a series of measures to improve its performance and efficien-cy. It has boosted production capacity through investments at its plants in Ioannina, north-western Greece, and Xanthi, northeastern Greece. Moreover, the company has implemented more efficient energy management systems, increased exports, and restructured its sales and distribution channels with the aim of reducing operating costs. The company posted sales and profit increases for 2013. Pretax profit reached 4.13 million eu-ros, a considerable 64.43% increase compared to the figure reported for 2012. Total turnover followed suit, increasing from 32.99 million euros in 2012 to 37.43 million euros in 2013.

PLASTICS & RUBBERS

Industrial

242


Neokem SA

Know-how mastered over 42 years

In 1972, Michael and Eugenia Vlahakis founded NEOKEM with the vision of developing and producing high quality industrial coatings in order to satisfy the needs and preferences of the growing Greek Market. In 1987, NEOKEM was the first company to implement the production of electrostatic powder coatings in the Greek market, for aluminum architectural systems, in-dustrial and other applications. Today, NEOKEM has extended its international activities to over twenty countries, through sub-sidiaries in Germany, Romania, Ukraine, Bulgaria and Poland, as well as an extensive network of sales partners. NEOKEM is currently active in two main business units, powder coatings and liquid paints.The company offers a wide variety of powder coatings for use in the architectural, industrial, functional, domestic appliances, automotive and furniture fields. It also offers special effect colors for architectural aluminium systems. Furthermore, it offers liquid paints that consist of three thematic series and numbers, 47 unique colors shades on mat and fine-textured metallic surfaces. All paints are certified ensuring top-grade results. Also, all products are supported by the appropriate technical and marketing services. NEOKEM posted solid results in 2013. Total turnover reached 15.5 million euros. Quite impres-sively, the company rose from losses of 116,000 euros in 2012 to a profit figure of 774,000 eu-ros, a 763% rise. Contact Details:

VEMEKEP SA

Taking on constructions internationally

VEMEKEP SA has been involved in metal constructions for heavy steel industrial buildings since 1983, providing complete solutions for study-design-construction and erection of steel struc-tures for stadiums, shopping halls, supermarkets, multi-story buildings, oil and gas projects, railway stations, silos, various types of tanks, scaffolding, flour mills, bridges, pylons, conveyor bridges, and jetty structures. The company has an annual capacity of 20,000 tons per year. Fur-thermore, the company can manage complex steel structures needing mechanical workshop treatment such as cranes, bridges, mine machines (excavators-trippers-belt conveyors), thermo hydraulic stations (facilities, lignite systems, ash systems, parts of rippers of mills, hydroelectric stations (conductors, lock gates), gas stations (facilities, conductors), spars of wind generators, port cranes, mills e.t.c.In more recent years, the company has created a heavy mechanical workshop, a well-equipped unit backed by experienced technical staff and high quality CNC-Machines that are able to cover the needs of complex energy project constructions. In the energy sector, VEMEKEP SA operates either as a sole contractor or participant in project consortiums with leading com-panies which produce technological equipment used at power plants in Germany. (Trianel 750MW-AG), (675MW-SIEMENS AG.), (2,000 MW-E.ON. AG). The company has also successfully carried out projects concerning the study, design and con-struction of integrated systems for conveying machinery, mining machines (Excavators-Trip-pers-Complete Conveyor Systems-Bridges-Hoppers etc), Coal/ash/soil handling systems, Mill Crashers, Beeter Wheel Coal Crashers, Gearboxes-ID Fun- Rotary with Blades for ID Fun- Rotary with armor for ID Fun , Bucker Wheels. Moreover, the company has also successfully completed conveyor systems for liquid oil in Libya (pipe racks, bus ducts, hangars, shelters).

Contact Details95 Ag. Georgiou St, 194 00 Koropi, Attiki, Greece PO BOX 143Tel: +30 210 6626860Fax: +30 210 6625305E-mail: [email protected]: http://www.neokem.eu

Contact DetailsB Industrial Area Velestino Volos, Magnesia, PC 37500, GreeceTel: +30 24250-24220, 22121 Fax: +30 24250 24224 Email: [email protected] Website: http://www.vemekep.gr

CHEMICALS

METAL PRODUCTS

Industrial

Industrial

243


Contact DetailsThessaloniki Industrial Area, Sindos, 570 22 , Thessaloniki Tel.: +30 2310 568400Fax: +30 2310 799 179Email: [email protected]: http://www.mythosbrewery.gr

Mythos Brewery

Profit rises by 89%

The origins of the Mythos Brewery date back to 1968 with the establishment of Henninger Hellas SA by the German brewery Henninger Brau. It was renamed Mythos Brewery in 2000. In 2008, the Carlsberg group, Europe’s second-largest brewery, acquired Mythos Brewery, purchasing its entire equity share. That year, Mythos won a Superior Taste prize awarded by the International Taste & Quality Institute (iTQi) organization. In the years that followed, the company presented a series of new products, These include Carlsberg in an innovative bottle, a Mythos beer re-launch, a new Kaiser Double Malt, Kaiser Blonde, Somersby Apple, Mythos Radler, Somersby Blackberry, and, most recently, Draught Master Select. Mythos Brewery nowadays ranks as Greece’s second-largest brewery. The company owns a production facility in Thessaloniki’s Sindos area, which includes three production lines with a capacity of 11 million boxes a year. The Mythos, Kaiser and Henninger brands are produced at this facility and distributed throughout Greece. Mythos beer, which has developed into Greece’s most renowned beer in the world, is heavily exported to about 40 countries, establishing customer loyalty in many markets. The company also imports and distributes internationally recognized brands in the Greek market - Dan-ish Carlsberg, Mexican Corona Extra, the Irish beers Diageo Guinness and Kilkenny, Belgian Grimbergen, Bavarian Schneider Weisse weissbier, Magners Irish cider, and Somersby sparkling cider. These imported brands have expanded the range of Greece’s beer market, offering locals new quality flavors. The company operates distribution centers in Athens, Thessaloniki and Crete, providing cover-age nationwide.As for its production process, Mythos Brewery implements the HACCP ISO 22000: 2005 food safety management system, the ISO 9001: 2008 quality management system, and the ISO 14001: 2004 international environmental management system. In the social responsibility area, the company was awarded a prize in 2005 for the implementation of best practices in human resources management. The company posted increased turnover and pretax profit figures in 2013. Total turnover in-creased by 9% to 92.1 million euros in 2013 from 84.7 million euros in 2012. Its pretax profit experienced an even greater increase, this being 89%, to 6 million euros in 2013 from from 3.2 million euros in 2012.

SPIRITS

Alexandros Karafilidis

Industrial

244


Contact DetailsEgialias & 4 Epidavrou, Marousi, 151 25, AthensTel.: +30 2106875555Fax: +30 2106850309Website: http://www.johnsons.gr

Johnson & Johnson Hellas

Providing daily personal care to locals over four decades

With experience of 128 years, Johnson & Johnson, a partner in life from birth to adulthood, provides products that care for even the most sensitive skin. Cleaning and facial moisturizing products, shower gels and body creams are included in the list of purchases made by each household. The company certainly has been identified for the care of baby skin and has been embraced by mothers and healthcare professionals across the globe.The company was founded in 1886 by the Johnson brothers in New Jersey, USA. In Greece, Johnson & Johnson’s representative operation was founded in 1975, marketing consumer and medical products, many of which are produced at its plant in Mandra, western Athens. Internationally, the group ranks sixth in consumer health care products, is the largest company in medical and diagnostic equipment, the sixth largest in biotechnology and the sixth largest pharmaceutical company. The corporate group is comprised of more than 275 subsidiaries in 60 countries, employing around 128,700 employees.In Greece, Johnson & Johnson is active in three sectors, consumer products, pharmaceuticals and medical supplies, with an equal number of subsidiaries. In the field of consumer products, the company produces over-the-counter (OTC) products, or non-prescription drugs, skin care products, baby care, feminine and oral hygiene products. The group changed its structure in Greece and created a new subsidiary at the end of 2011, which absorbed the consumer prod-ucts sector.Johnson & Johnson’s factory in Greece plays a key role in the group’s European business activi-ties. Indeed, the biggest part of production in Greece is exported to more than 35 countries, with exports representing over 90% of total Greek production.The company offers important social activity throughout Greece with a mobile polyclinic named “Hippocrates”, which travels around the country providing preventive health services to thousands of children. The project is supported by the Johnson & Johnson Corporate Citizen-ship Trust, a non-profit organization based in Scotland, developing corporate social responsi-bility (CSR) programs for over 50 countries.As for the multinational group’s financial performance, high sales, mainly in the pharmaceuti-cal industry, propelled its financial figures in the second quarter. Earnings amounted to 4.33 billion dollars compared to 3.83 billion in the previous year. Sales rose by 9.1% to 19.5 billion dollars. The sales department of consumer goods worldwide rose 2.4%, reaching 3.7 billion dollars.

PERSONAL CARE & PHARMACEUTICALS

Gerasimos Kosmatos

Industrial

245


Industrial

Mitrosilis SA

Constantly increasing investments both in machinery and well trained staff

Mitrosilis SA was founded in 1976 and has since followed a dynamic course in the field of packaging and exporting of fresh fruit. Mitrosilis SA has built a solid reputation for top-grade product quality and reliability as a trading partner, which has established the enterprise as a mainstay at the largest supermarket chains throughout Europe, east and west, as well Scandinavian countries. Overall, the company exports to 24 countries.Its constant investment in new machinery and well-trained personnel ensures total quality and satisfaction of even the most demanding standards established in the EU. The company operates two packaging facilities for citrus fruit, apricots and grapes in the Peloponnese area of Anifi, close to Nafplio. Fruit from growing regions throughout Greece is sent here and carefully selected. The company’s fruit producing partners are a major advantage for the company’s continual prog-ress. These partners have offered their support throughout the years and are committed to the company. They maintain all necessary standards and procedures for the cultivation of safe products. Mitrosilis maintains constant communication with its producing partners throughout all steps of the cultivation process of fruit. Nowadays, more than ever before, Mitrosilis SA is rapidly evolving and expanding. The company’s knowhow, as well as the consistent quality of its products, have earned it the trust of customers. This has led to a constant increase of the company’s exports, increasing its presence in increasingly demanding international markets. Knowledge, credibility, integrity, accuracy, and mentality make up the essence of Mitrosilis SA’s reputation for freshness.

NIK. KIOLEIDES SA

Sales skyrocket 500%

NIK. KIOLEIDES SA is one of the leaders in Greece’s companies for super-structures concerning ve-hicles, trailers, truck bodies, railway wagons, heavy-duty tank transporters, and shelters. Piraeus Bank and Bitros Holdings SA, both listed on the Athens stock exchange, hold stakes in the company. For many years now, the company has specialized in the construction of semi-trailer refrigerated vans, specially designed for the transportation of food and other perishable goods, as well as of heavy-duty trailers equipped to carry commodities such as general cargo, water, fuel, wheat, ce-ment, bitumen and asphalt, cars, armoured cars, military tank transporters, and shelters. The company also manufactures railway wagons in compliance with International Standard Regula-tions. Moreover, it is able to meet other specific requirements concerning road transportation. The quality of the company’s products is assured and certified by TUV and ISO 9001/2000 standards, meaning that they stand up to all international competition in the field. The company’s facilities, based in the industrial area of provincial port-city Volos, in the country’s mid-east, are set up at an industrial site covering over 56,000 square meters with about 28,500 square meters of sheltered buildings.The company reported a major increase in total turnover for 2013. It increased by 500% to reach 10.6 million euros from 1.7 million euros in 2012. It remained in the red, but losses of 12.8 million euros incurred in 2012 were reduced to 9.8 million euros in 2013.

Contact DetailsAggelena 5, Anifi 21 055 NafplioTel.: + 30 275 204 5000Fax: + 30 275 204 3036Email: [email protected]: www.mitrosilis.gr

Contact Details17 Km Athens - Thessaloniki national high-way (Deiradon & 47 Korinthou sts) Nea Kifissia, 145 64, Athens, Greece Tel: +30 210 8180000 Fax: +30 210 8180001 Email: [email protected]: http://www.kioleides.com

FOOD PRODUCTS

TRANSPORT

Industrial

Industrial

246


Contact DetailsMarkopoloulo Industrial AreaMarkopoloulo, 190 03, Attiki. Tel.: +30 210 2856350Fax: +30 210 2843580Email: [email protected] Website: http://www.apivita.com

Apivita

Innovation, creativity over 35 years with respect for mankind and nature

The impressive story of Apivita, a Greek company that has been creating natural, effective and holistic products since 1979 with the aim of promoting health and beauty, began in one single pharmacy. The story of Apivita is virtually synonymous with the story of Nick and Niki Koutsianas, both trained pharmacists, who met working in a pharmacy in Athens in 1972 and discovered they shared a passion for nature. It was in this pharmacy that the company’s first natural cosmetics, made using bee products and local herbs, were introduced to the market. Apivita was established in 1979, becoming Greece’s first natural cosmetics company in Greece, inspired by bee products, Greece’s rich Greek flora, and the ancient holistic approach of Hip-pocrates. The company name, meaning “life of bees”, derived from the Latin words “apis” (bee) and “vita” (life), is more than just a title. It reflects the identity and philosophy of Apivita as an organized, productive and sustainable development, as is the case with honeybee societies. Nowadays, Apivita products are sold in thousands of pharmacies around Greece, while the company is present in 14 countries around the world, including Spain, Cyprus, Belgium, Lux-embourg, the Netherlands, Romania, Ukraine, Japan, and Hong Kong. In late 2013, the company launched a unique shop, its “Tie Apivita Experience Store”, in the Greek capital’s chic inner district of Kolonaki. Consisting of 5 floors, its set-up was, not surpris-ingly, inspired by bee societies and Greek nature.Last year, the company celebrated its 35th anniversary with the establishment of Apivita Ja-pan, the company’s subsidiary firm in Japan. A year earlier, the company moved to its new base, a bioclimatic facility in Markopoulo, on the eastern outskirts of Athens. The facility stands in harmony with the company’s philosophy and environmental values. The company’s R & D department consists of 10 highly qualified scientists specializing in the fields of chemistry, cosmetics and chemical engineering.Apivita products consist of natural ingredients that offer the most powerful nutritional ben-efits, these being Greek and Mediterranean plants, plant and herb extracts, vegetable oils and plant infusions in place of regular water, 100% pure essential oils, bee products - propolis, royal jelly, honey, beeswax – and natural active ingredients such as resveratrol, lycopene, polyphe-nols, violavanoeidi, and safer, biodegradable preservatives. In 2013, the company’s total turnover increased to 32.8 million euros from 29.4 million euros a year earlier. Profit reached 447,000 euros, up from 412,000 euros in the previous year.

PHARMACEUTICALS

Niki Koutsiana

Nikos Koutsianas

Industrial

247


Contact Details20th km Veria – Skydra highway, Episkopi, Naoussa, Imathia, Greece59200, PO Box 26Tel: +30 23320 59500Fax: +30 23320 59532Email: [email protected] Website: http://www.katsiamakas.gr

KATSIAMAKAS SA

One of the most important players in the import-export sector

The KATSIAMAKAS family, which founded and continues to operate the KATSIAMAKAS com-pany until today, began its activity over 70 years ago, in 1943. Back in the 40s, Konstantinos Katsiamakas began selling fruits and vegetables from a cart, and then continued his activity as a trader in the central markets of Thessaloniki and Athens. In 2000, the company modernized its facilities, building a new state-of-the-art unit in Naoussa’s Episkopi region, northern Greece, while, in 2007, expansion work on the same packaging facility was completed. This unit was the vision of Thomas Katsiamakas, who holds the reigns as Chairman of KATSIAMAKAS SA. KATSIAMAKAS SA specializes in the fresh fruit and vegetables sector. The company’s main activities are sorting, packaging and trading of fresh fruit and vegetables. The company is established as one of the most important players in the import-export sector. The company’s headquarters are in Naoussa’s Imathia area. It employs 20 administrative staff members and up to 350 employees for all other activities, depending on the season. The company offers its products under two basic brand names, IMPERIAL and NOVITA. The majority of clients are large companies abroad. Export markets include Germany, the Netherlands, Austria, Russia, Moldova, Lithuania, Belarus, Romania, Bulgaria, Egypt, Lebanon, China, Albania, the Former Yugoslav Republic of Macedonia (Fyrom), and Serbia. Most clients abroad are large supermarket chains as well as well-known European commercial companies. The majority of the company’s products are distributed abroad, as exports cover almost 65% of total turnover. As for the Greek market, the majority of clients are large supermarket chains, wholesalers, as well as canning industries and juice industries. Since 2007, the company has also operated its own branch in Thessaloniki’s central fruit and vegetables market with three stores which supply retailers and other clients throughout northern Greece.The company’s skilled staff selects and purchases the best crops from growing regions within close proximity of its premises, where 70 percent of Greece’s fruit crop is grown, as well as from a variety of other areas throughout Greece and abroad. The company purchases products directly from growers and cooperatives all over Greece, while it collaborates with the largest and most important production companies around the world, importing fruit and vegetables which are selected under the strictest standards. The company also imports leading banana brands in large quantities. Bananas are ripened in specialized facilities by the company, which has 40 years of experience in this sector.

FOOD - FRUIT

Industrial

248


Contact Details17th km Thessaloniki - Ag. Athanasios road, PO BOX 1043,Ag. Athanasios, 570 03, Thessaloniki, GreeceTel.: +30 2310 576005Fax: +30 2310 722120E-mail: [email protected] Website: www.isomat.eu

ISOMAT SA

Exporting products to 35 European countries

ISOMAT was founded in 1980 and today produces over 250 products that are used in wider and more specialized building activities, such as installations, repairs, and improvements. They are divided into six basic categories, drying materials, cement and mortar additives, glues and putty, repair materials and painting materials, ready-to-use plasters, and industrial floors. At present, the firm operates two state-of-the-art production facilities, in Thessaloniki’s Agios Athanasios district, as well as in Belgrade, Serbia. ISOMAT employs 219 persons in Greece, of which 30 are qualified civil and chemical engineers, while a further 91 employees are employed at its four subsidiary firms in the markets of Serbia, Romania, Bulgaria and Turkey, and its representative office in Russia. Operating through sales points in Athens and Thessaloniki, and associated with more than 1.500 retail outlets, ISOMAT serves the building sector throughout Greece. At present, exports represent roughly 32% of the company’s total turnover figure, while the company has set itself the objective of increasing this figure. The firm exports its products to 35 countries in Europe, including the highly competitive German market, the USA, Asia, Middle East, and Africa. Moreover, the firm opened a representative office in Russia in October, 2013. It operates through subsidiary firms in Romania, Bulgaria, Serbia and Turkey. Isomat Romania S.R.L. was established in 2000 in Bucharest as the exclusive trader and distrib-utor of ISOMAT products in the Romanian market. In late 2013, the subsidiary firm also started producing concrete and mortar additives.Isomat International E.O.O.D., the company’s subsidiary firm in Sofia, began operating in 2004. It is the exclusive representative and distributor of ISOMAT products in the Bulgarian market. Isomat D.O.O., the Belgrade-based subsidiary firm, launched its operations in 2005 as the exclusive supplier of ISOMAT products in the Serbian market. In early 2011, the firm was trans-formed from a trading company to a producing company with the launch of a new ISOMAT production facility in Belgrade. Isomat Yapi Kimyasallari Ve Tic Ltd. Sti., Isomat’s affiliated company in Turkey, has operated since November, 2013 from its Istanbul base, and constitutes the company’s exclusive trader and distributor in the Turkish market. Since October, 2013, ISOMAT has also operated in the Russian market through a representative office responsible for promoting cooperation between ISOMAT and local distributors, provid-ing customer service to new and existing customers by offering training and technical support, as well as for promoting the use of ISOMAT products in Russian construction projects. The firm has invested nearly 30 million euros over the past ten years, of which 10 million euros was invested abroad and primarily concerned the purchase of industrial machinery and con-struction of new facilities. The company’s total turnover in 2013 reached 31.2 million euros, up by 7.5% compared to the previous year’s 29.1 million euros. Profit before taxes reached 4.6 million euros in 2013, a 45% year-on-year increase compared to 2012’s 3.2 million euros.

CHEMICAL PRODUCTS

Athanasios Tzinitis

Industrial

249


Industrial

Contact Details3rd km Lagadas-Kolhiko National Highway, Lagadas, 572 00, PO Box 212,Thessaloniki, GreeceTel: +30 23940 20400Fax: +30 23940 20400Email: [email protected]: http://www.milkplan.com

Imeridis milkplan

Exporting to 70 countries

Milkplan is a modern manufacturer of systems and technological applications for livestock farming units and holds a leading market position in Greece as well as abroad. By the mid-1980s, Triantafyllos Imeridis and his business partner Vassilis Makropoulos had al-ready built a name for themselves for the quality of their work involving stainless metal. Their company, named Inox Center, made major investments in metal processing and cooling tech-nologies and was well poised to meet the dairy industry’s safety and reliability requirements. Within a few years, they managed to transfer their metal know-how to the production of live-stock farming equipment, setting new quality standards for the sector, which established the company as a leader in the Greek market. Following this success, the entrepreneurial pair de-cided to change their company’s name to Milkplan in 2007 and focus exclusively on milk cool-ing and milking applications. Milkplan’s internationally acclaimed products, such as milk cooling tanks and fast-exit stainless stalls, exemplify advanced technology and a modern perception that fully meet the require-ments of today. At the same time, the company offers solid support to modern livestock farm-ers and dairy products producers with essential solutions that facilitate daily work procedures and enhance farm growth rates. The company exports to over 70 countries around the world. Today, Milkplan owns two production facilities in Greece with a total area of 14,000 square meters, top-quality, high-precision mechanical equipment, laser machines for cutting metal sheets and tubes of a cylindrical cross-section, laser machines for welding metal sheets, an integrated robotic line for cutting and stacking metal sheets, high-precision punching systems, as well as a “Research and Development” Department that constantly improves and designs existing products, as well as new ones, all under the Milkplan name. Milkplan also maintains facilities involved in design, production, metal cutting and touch-up, assembly, quality control, as well as storage, at a 14,000-square meter unit located just 6 km from Egnatia Highway and 23 km from the port of Thessaloniki.The unit complies with the strictest European standards, while it can design, test and produce innovative solutions to cover all livestock farm needs for specialized equipment. The com-pany’s total turnover increased by 35% in 2013 to 12.4 million euros from 9.1 million euros in 2012. Its net pretax profit rose by 20% to 676,000 euros in 2013 from 564,000 euros in 2012.

FARMING EQUIPMENT

Industrial

250


Mercury Corporation

Collaborating with major partners

Mercury Corporation, an apparel exporting company based in Thessaloniki, has been dynami-cally active in the sector since 1986. It stands as one of the largest vertically integrated units of northern Greece. The company’s collaboration with renowned foreign brands, as well as its ability to respond promptly and fully to the needs of the modern market by producing Greek products of high standards and quality, demonstrates its flawless organization and operational methods. At a time when international competition between companies is at its peak, Mercury is prov-ing successful in its efforts to maintain quality and reliability. The company is constantly seek-ing new perspectives, new systems and, therefore, new partnerships in order to unfailingly provide the latest developments in technology and security to its customers.The company posted increases in turnover and profit before tax in 2013. Total turnover in-creased by 12%, reaching 8.6 million euros in 2013 from 7.6 million euros in 2012. Profit before tax amounted to 282,000 euros in 2013, up by 37% compared to the previous year, when profit amounted to 205,000 euros.

Chalkidiki Flour Mills SA

Steady growth Chalkidiki Flour Mills SA was founded in 1928 by the Evgeniou family, which has built a long tradition in the milling process of cereals. For over 80 years, the company has remained true to its core product while continuing to grow and expand successfully in the flour market.The combination of technology and experience enables the company to create a variety of stable end products that satisfy the most demanding of professionals in the bread and pastry industry. Delivering more than 100 standard mixtures of flour, the company specializes in the manufacturing of “custom made” flour mixtures for customers and partners.It excellent machinery and equipment add to the efficiency of production and storage in grain warehouses with a capacity of 60,000 metric tons in the form of silos and flat storage. Drying and special refrigeration equipment for proper maintenance of raw material is used, while modern and functional storage space is used for finished products.It distributes package quantities of 1 kg, 2 kg, 3 kg and 5 kg, as well as larger 25 kg and 50 kg options for professional use. Chalkidiki Flour Mills SA supplies the largest companies in the industry. All our products and services are guaranteed by the ELOT certificate ISO 22000:2005. German company Schapfen Mühle Gmlh, which, in 2005, commenced working with the highest silo in the world (116m), and Danish company Valsemollen SA, part of a group of companies processing cereals for health foods, are both represented in Greece by Chalkidiki Flour Mills SA. Both are leaders in organic production and mixtures made using natural raw materials.The company posted slightly reduced financial results in 2013. Total turnover fell by 8% to 21.4 million euros in 2013 from 23.3 million euros in 2012. The fall in net pretax profit was more subdued, slipping by 2.7%, to 946,000 euros in 2013 from 973,000 euros in 2012.

Contact Details54 Thermaikou, 56430, ThessalonikiTel: +30 2310 688535/6Fax: +30 2310688986Website: http://www.mercorp.gr/

Contact DetailsEleochoria, Chalkidiki, P.C 630 79 - GreeceTel: +30 2373 0 71174 Fax: +30 2373 0 71066Email: [email protected] Website: www.cfm.com.gr

APPAREL

FOOD PRODUCT

Industrial

Industrial

251


Contact Details19th km Athens-Lamia national highway, Nea Erythrea, 146 71, AttikiTel.: +30 210 6295200Fax: +30 210 6295210E-mail: [email protected]: http://www.schneider-electric.com

SCHNEIDER ELECTRIC SA

One in two transformers installed in Greece supplied by Schneider Electric

SCHNEIDER ELECTRIC SA, a subsidiary of French giant Schneider Electric, established in Paris in the energy management field, has been present in the Greek market for over 40 years. The company providing products, equipment and services that offer solutions for the energy and infrastructure, building, housing, industrial and data center sectors. Since its launch in 1836 until present times, Schneider Electric has become a global special-ist in energy management. Starting its course from the iron and steel industry, the company eventually entered the electricity and automation management sectors. The company was founded by two brothers, Eugene and Adolf Schneider.In Greece, Schneider Electric is active in both the commercial and industrial domains. It oper-ates sales centers in Athens, Thessaloniki and Patras, as well as a service and customer educa-tion center. As for its industrial activity in Greece, the company operates a transformer produc-ing factory in Inofyta, slightly north of Athens, at a facility previously owned by ELVIM). This production unit ranks as one of Schneider Electric’s largest transformer plants in the world. Amid Greece’s deep and ongoing recession, the company’s local subsidiary is strengthening its production base. According to Marc Pelletier, Schneider Electric’s chief in Greece: “the only way to tackle the current economic conditions is by continuing to invest in our local business and personnel.” The new investments to be made will boost production at the facility, to serve as a gateway for exports to 25 countries. Pelletier also noted that 130,000 Schneider Electric transformers produced by the company’s Greek facility had been installed in the country over recent years, meaning that “one in two transformers in Greece is certainly ours.” Today the group generates turnover figures that exceed 24 billion euros, annually, with 41% of revenues hailing from emerging markets. Its workforce amounts to 140,000 employees in over 100 countries where it operates.

ELECTRONIC MATERIALS

Philippe Sauer

Industrial

252


Contact DetailsIoannina Industrial Zone, Zitsa, Ioannina, 45 500Tel.: +30 26510-22200Fax: +30 26510-20769Website: http://nitsiakos.gr

Nitsiakos S.A.

Major rebound from losses to profit

The NITSIAKOS company was launched in 1972 by Theodoros Nitsiakos, an agronomist special-izing in birdlife, at a location close to Ioannina, northwestern Greece. His venture is a vertically integrated poultry production operation covering breeding, hatching, animal feed produc-tion, fattening, slaughtering and processing with an established distribution network for the entire country. Nitsiakos nowadays ranks as the largest producer of poultry meat in Greece. It is stands as an important business in grain and soybean meal activity, and is ranked amid the country’s top ten food industry enterprises, based on turnover figures. The company is export oriented, as highlighted by recent supply contracts for 20,000 tons of durum wheat.Nitsiakos applies strict procedures and systematic checks to ensure safety and quality of his products for professionals and consumers. The company’s operations are certified with a stan-dard ISO: 22000 self-monitoring system. Also, the company’s poultry is certified by Agrocert, guaranteeing a diet exclusively based on vegetables, vitamins and minerals.Nitsiakos has created two fully equipped self-monitoring laboratories. The microbiology unit, the first private laboratory accredited by ESYD, the national accreditation system, analyzes samples from breeding chambers, the feed and meat, while the chemical laboratory verifies that the raw materials and the feed meet company requirements. These controls are conduct-ed at a rate of 800 samples per week, well over minimum levels demanded by European law, which highlights the company’s commitment to safety and quality issues.Over more recent years, the company has become involved with a range of new activities, in-cluding raw materials for feed (supplied to traders, feed producers, livestock and poultry enter-prises); feed for productive animals; eggs-chicks (hatching eggs and chicks); biomass; pet food; , and flour for human consumption produced by the company mills. For 2013, the company posted a total turnover increase of 16%, from 145 million euros in 2012 to 168 million euros. The company managed to rebound from losses of 1.2 million euros in 2012 to a pretax profit of 1.5 million euros in 2013, a mighty 224% year-on-year increase. Contact Details:

FOOD PRODUCTS

Theodoros Nitsiakos

Industrial

253


Contact DetailsDispilio PO Box 24, 52057, Kastoria, GreeceTel: +30 24670 85825Fax: +30 24670 85828Email: [email protected] Website: http://www.expopel.gr

Expopel SA

Among the top fur producers

Expopel SA, a leading European fur manufacturing company, was established in 1980 in Kasto-ria, northern Greece. The company was established by experienced furriers, who were drawn to the tradition of fur manufacturing in the area. The company specializes in fur manufactur-ing, raw material supply, industrial textile products, accessories and ready-to-wear fur gar-ments. In a second stage of growth, Expopel SA expanded its production capacity in order to serve its customers by establishing an 8,000 square meter production plant in 1995.Nowadays, Expopel has become a group of companies with various brand names which pro-vide a wide range of services. For the Expopel Group, top standards are a prerequisite: fox, mink, such as BLACK GLAMA, Persian lamb like SWAKARA and BUCHARA, karakul, raccoon, finnracoon, rabbit, rex rabbit, sable, also Russian sable, kid, plates pieces, lynx, and chinchilla, are selected from top fur producers around the world.In partnership with Europe’s top dressing and dyeing company, Expotan International SA, Expopel Group is able to provide customizable solutions for its customers such as different colors, finishing and dyeing. Expopel also leads the market with industrial textile products combined with fur. Backed by its reputation in the textile market and worldwide network, which includes collaborations with well-known and high-end textile and leather suppliers, the company is able to supply customers with special service, design, different styling concepts, and personalized solutions. In addition, ready-to-wear fur garments represent a large portion of Expopel Group’s business. The range ranges from coats, jackets, full fur products all the way to fur combinations with leather, textile, and reversible lamb and rabbit.To ensure high quality, the company directly manages the entire production stage, from raw material supply to the final merchandising of production. Expopel buys only top quality raw materials for its production and, combined with Europe’s most successful dressing and dyeing company, Expotan International SA, is able to provide a complete package of fur products of outstanding quality, quick delivered and manufactured through a minimal-cost structure. Global customers have begun demanding environmental standards that have changed the landscape for the fur industry. To cope with these issues, Expopel Group has achieved Oeko-Tex Standard 100 certification that guarantees that its products do not contain harmful sub-stances.

APPAREL

Industrial

254


Contact DetailsKolindros Pieria, 60061, GreeceTel.: +30 23530 51200Fax: +30 2353 51486Website: http://www.olympia-electronics.gr E-mail: [email protected]

OLYMPIA ELECTRONICS S.A.

With distribution and sales department covering all regions of Greece

Olympia Electronics was established in 1979 and is legally an incorporated company (S.A.) The company’s annual production & distribution exceeds 600.000 units. The headquarters of the company are located in Northern Greece, near Thessaloniki. Olympia Electronics occupies 140 employees.Olympia Electronics is housed on its own land of 10.000 m2 and comprises 4000 m² premises. The company has a sales branch in Athens. The distribution and sales department covers all regions of Greece.Olympia Electronics is the dominant firm (53% market share) in the Greek market of emergen-cy lighting & fire detection systems covering all the geographical area of the country. Further-more, Olympia Electornics has a wide distribution network in the following areas:● European Union ● U.S.A. ● Middle East ● East European & Central European countries ● Bal-can countries ● Arab countriesPlanning, Research & Development and Production of modern technology, of high reliability and quality are being accomplished at the company’s plant.The production line of Olympia Electronics is automated by the use of S.M.T. (Surface Mounted Technology). Olympia Electronics has the infrastracture to research, develop and produce cus-tomised applications in the general field of electronics and security systems.Having realized the immediate need to adjust to the European Union’s rules and regulations, Olympia Electronics has already certified its products. As a result, part of its main products have been approved by the European Institute TUV PRODUCT SERVICE and BSI (British Stan-dart Institutes). All the products of the company bear the «CE» mark which is the European Certificate and also all the technical specifications are compliant with the European norms (EN) and the International standards IEC. Also Olympia Electronics is certified with ISO 9001:2000 quality certificate.Olympia Electronics’ products have been installed in the below prestigious projects.● Military Airports in Greece. ● Olympic Village – Athens for olympic games 2004 ● Athens Metro ● Airport in Frankfurt ● Prefecture of Vienna – Austria ● Metro of Swerin – Germany ● Central Halle of Olympic games ● Grand Bretagne Hotel - Athens ● Mac Donalds of Lenni-grand – Russia ● Hotels Hilton & Sheratton all over the world ● Greek parliament ● Greek cen-tral telecommunication building ● Ministry of Greek Justice ● Fredderick School in CyprusTrading companies, Distributors & Importers of electrical material and electronic security and safety systems, mainly in the field of emergency lighting and fire detection systems.

ELECTRONIC EQUIPMENT

Dimitrios Lakasas

Commercial

255


Contact Details2 Hadji Pelleren, 452 21Ioannina, GreeceΤel: +30 26510 61951Fax: +30 26510 61363Website: http://www.vikoswater.grEmail: [email protected]

EPIROTIC BOTTLING INDUSTRY (VIKOS) SA

Continuing to invest and develop

VIKOS SA was founded in 1990 and ranks as one of the most renowned companies in the bot-tled water market. This Greek company began bottling natural mineral water from a pristine source in the Vikos area of northwestern Greece and distributing it to local and foreign mar-kets. It has maintaining a role as a key supplier to major supermarket chains.The company has grown over the years and now pumps from four water sources. It operates three ultra-modern factories. Two of these plants, located in the renowned Zagorochoria re-gion, protected for its natural beauty, produce bottled water and soft drinks. The company’s third plant, Petcom Plastics, located in the Ioannina Industrial Area, produces pre-form bottles and plastic caps for the bottled water market and beverage industry. The company’s privately owned facilities cover a total space of 37,500 square meters, while its workforce amounts to over 250 employees. The production facilities operate nine state-of-the-art production lines capable of delivering 210,000 liters per hour. The company operates its own logistics centers in Athens and Thes-saloniki in order to offer effective customer services and ensure that it can fully satisfy the de-mands and needs of partners in every respect. The “Vikos” and “Zagorohoria” sources are certified as Natural Mineral Water sources. The water drawn from these sources is bottled using the most technologically advanced equipment, without any human intervention or other processing techniques, from the pumping stage to the final consumer. Within two decades, the company has climbed to the top of the bottled water industry, despite the current economic conditions prevailing in Greece. The company’s commitment to total quality in production, as well as in its associations with business partners, has generated a 22% market share for Vikos, establishing it as the market leader, a position it has maintained from 2006 until the present day. Despite the ongoing deep recession in Greece, Vikos has continued to invest and develop. The company’s enthusiastic drive for creativity challenges it to pursue new projects. Over the next few months, the company plans to introduce a new series of soft drinks under the “Vikos” brand name. The company has also launched a 35 million-euro investment plan for 2014-15.

BEVERAGES

Petros Sepetas

Industrial

256


Contact Details6th km Skydra – Aridaia, 585 00, Skydra, PellaTel: +30. 23810 82902Fax: +30. 23810 82901 Email: [email protected]: http://www.skosa.gr

SKO P. KRISTALLIDIS SA

Worldwide trading activity

Founded by Panagiotis Kristallidis back in 1971, the Kristallidis SA company is one of the lead-ing canned peach producers in Greece. Since 2002, Eleni Kristallidou, the founder’s daughter and owner of the company, has led the enterprise as company president. The company initially started processing peaches, covering a range of approximately 40,000 24x1 ctns per season. Since then, the company’s product capacity has increased steadily and continues to grow. Current capacity is now at 1.200.000 ctns (24x1).The product range has been widened and company has the capabilities to not only produce peach but also fruit cocktail, mushrooms and fruit filling.The company is located in the heart of northern Greece’s fruit-growing region, approximately one hour’s distance from Thessaloniki Port. The location is of high importance as the company is appropriately positioned to receive fresh raw material and export its products globally.The company’s sales department is structured to meet global market demand as well as com-pany needs on an individual basis. As it deals with firms based all around the world, the com-pany is in a position to better understand the needs of entire national markets as well as those of individual companies. Shipping arrangements and distribution of goods are processed by the company’s highly trained and skilled personnel. Means of distribution include both container and truck loads to all areas of the world. The company delivers its products to all European countries, Asia, South America, Africa, Russia, the Middle East and USA.The company’s primary and unceasing objective is to receive and process goods of excellent quality. Its highly qualified team ensures product control based on strict criteria. The company posted increased financial results for the 2013 fiscal year. Total turnover in-creased by 12.5% to reach 9 million euros in 2013 from 8 million euros in 2012. Net pretax profit increased by 337% from 83,000 euros in 2012 to 365,000 euros in 2013.

FOOD PRODUCTS

Industrial

257


Contact DetailsIndustrial Area of Serres, Serres, 62121, GreeceTel.: +30 23210 99220 Fax: +30 23210 99270E-mail: [email protected]: http://dromeas.gr

DROMEAS SA

High quality by high technology

DROMEAS SA, founded in 1979 with the initial objective of manufacturing caravans, is located in the Industrial Area of Serres, northern Greece. Since 1987, the company has been involved in the production and sale of office furniture, chairs, partition walls, archive systems, as well as die-casted aluminum equipment for vehicles. In 2009, the company’s building and production facilities were increased to 55,000 square meters in total floor space on a plot of land measuring 115,000 square meters. The company operates a wood processing department equipped with ultramodern machinery designed by leading international designers. The company’s production process includes surface cutting in various shapes and dimensions, perimetrical surface finishing, surface upholstery with HPL, PVC or veneer, accurate perfora-tion, lacquer or varnish paint for surfaces and spare part control and packing. Also, the compa-ny operates a metals division, an ultramodern department for steel and aluminum processing. This section is equipped with modern machines for cutting, perforating, forming and welding steel surfaces, tubes and various profiles. Cutting and perforating procedures are performed by state-of-the-art laser machines. Forming procedures are carried out either by electronically guided machines or through forming molds under pressure. Tube forming is performed using a robotically controlled machine. Welding is performed with robotic machines of high preci-sion and qualitative welding.Also, the company operates an aluminum die-casting department equipped with machines of the latest technology, a plastic, polyurethane and upholstery department. Dromeas also holds a 90% stake in a subsidiary firm, K.E.M., engaged in the production of me-tallic molds and components for various categories. The company operates a distribution center for its products in Aspropyrgos, on the western outskirts of Athens. Equipped with seven ramps for loading and unloading, the warehouse is run by highly skilled staff members. The storage facility is an entirely computerized warehouse, controlled with the latest electronic systems for goods both entering and exiting the facility. The Aspropyrgos warehouse is used for serving clients in the wider Athens region. The company’s operations are endorsed by three environmental certificates (EMAS Eco man-agement Control System; PEFC; and Collective Alternative Package Management). It also holds EN ISO 14001:2004 (environment), ΕΝ ISO 9001:2008 (quality), and OHSAS 18001, ΕLΟΤ 1801:2008 (health and safety) certificates.

FURNITURE

Athanasios Papanagiotou

Industrial

258


Contact DetailsThessaloniki Industrial Area (1st Road – Proti Odos) PO BOX 1238, Sindos, 570 22, Thessaloniki, GreeceΤel: 2310 723440Fax: 2310 795351E- mail: [email protected]: www.elzymi.gr

Michail Arabatzis SA “Hellenic Dough”

Winning over European consumers

The food industry Elliniki Zymi - Arabatzis is active in the frozen dough products sector, cover-ing the Ho.Re.Ca and and retail markets. The company is based at a production plant in Thessa-loniki’s Industrial Area, on a company-owned plot of land measuring 23,500 square meters. It is supported by an extensive network that is maintained by a company-owned delivery van fleet, three branches in Athens, Patras, and Ioannina, as well as partners throughout Greece.Elliniki Zymi - Arabatzis is one of the most modern food industries in Greece and Europe as a whole. Since its foundation, the company has striven to produce high quality products. Quality assurance is linked to the procurement of high-grade raw materials, application of total qual-ity control, safety and hygiene. The quality standards BS EN ISO 9001: 2000, BS EN ISO 22000: 2005, and IFS Inter-national Food Standard Issue 5: August 2007 (Higher Level) are applied throughout the entire production process. Domestic sales represent 86% while sales abroad account for 14%. The company primarily ex-ports to Germany and Cyprus while, in more recent years, it has also begun exporting to other European countries such as Turkey, Romania, Sweden, and the UK. The company’s strategy is to continue its steady growth path in Greece by creating new prod-ucts and new partnerships, while also striving for a strong presence abroad.With great sensitivity to Greek tradition, Elliniki Zymi - Arabatzis is committed towards its part-ners and consumers to continue along the path of excellence in all areas.In 2013, the company’s total turnover increased by 3.3% to reach 55.6 million euros from 54.1 million euros in 2012. The company’s earnings before interest, taxes, depreciation, and amor-tization (EBITDA) figure increased by 8.3% to 8.1 million euros from 7.5 million euros in 2012. Pretax profit rose by 10.7% to 6.9 million euros from 6.2 million euros in the previous year.

FOOD PRODUCTS

Michalis Arabatzis

Industrial

259


Industrial

Anfarm Hellas

Producing Greek generic drugs for decades

Anfarm Hellas has manufactured generic pharmaceuticals for human use since 1967. The com-pany distributes its products in 31 countries and operates as a manufacturer for third parties, its client list exceeding 45 companies. The company has a production department that includes three units, built on a property mea-suring 23,000 square meters. The facility operates in accordance with good manufacturing practices (GMP), a system for ensuring that products are consistently produced and controlled according to quality standards, and is manned by highly trained scientific personnel. All units have their own specialized storage space, quality control systems, and research and development departments. The first of three units produces solid, semi-solid and liquid prod-ucts, the second unit produces liquid and lyophilized products, while the third unit produces the antibiotics Cephalosporin and Carbapenem.The company’s production activity was traditionally focused on injectables. Since 1993, it has produced Lyophilized products, acquiring particular expertise, with current annual production at 15 million vials. Anfarm Hellas markets products in more than five different categories. It enjoys a strong presence in the Greek market, offering its products to public and private hos-pitals, doctors and pharmacies. Today, the company’s products are exported to 31 countries, while long-term contracts are maintained with independent customers. Anfarm Hellas Company registered one of its most positive financial years in 2013. Total turn-over increased by 23.5%, while net pretax profit rose by 148.7%. More specifically, total turn-over reached 19.47 million euros in 2013 from 15.77 million euros a year earlier. Net income increased from 530,000 euros in 2012 to 1.3 million euros in 2013.

IOANNIS KORDATOS SA

Exporting olive oils

IOANNIS KORDATOS SA was founded in 2000, building on the tradition of a family-run business that dates back 40 years in processing, packaging and export of table olives. The company’s headquarters and facilities are located in Kainourio in Agrinio, northwestern Greece, on a plot of land measuring 40,000 square meters with facilities amounting to over 6,000 square meters. Production capacity stands at 10,000 tons of table olives, annually. Continuous growth enjoyed by the company has been the result of its investment in techno-logical and mechanical equipment, human resources and scientific research. IOANNIS KORDATOS SA applies the HACCP system and holds ISO 9001:2000 and ISO 22000 certification, as well as an ISO 14001 environmental management standard. The firm markets green olives, Kalamata olives, blonde olives and green Halkidiki olives. The company posted a total turnover increase of 9% in 2013 to 7.8 million euros from 7.1 mil-lion euros. However, it continued to incur losses, which decreased slightly, by 2%, to 305,000 euros in 2013 from 312,000 euros a year earlier.

Contact Details53-57 Perikleous, Gerakas, 153 44, Athens Τel.: +30 210 6831632Fax: +30 210 6836540Email: [email protected]

Contact Details30005 Kenourgio, Agrinio Tel: +30 26410 61004 Fax: +30 26410 62500 Email: [email protected]: http://www.jkordatos.gr

PHARMACEUTICALS

FOOD PRODUCTS

Industrial

Industrial

260


Contact Details28th km Athens-Lamia national road, Afidnes 19014, GreeceTel.: +30 22950 45100 Fax: +30 22950 45250 Email: [email protected] – www.vioryl.gr

VIORYL S.A.

50% of the annual turnover comes from exports

VIORYL S.A. is a Greek company established in 1946 whose main activities involve the develop-ment and production of industrial fragrances, flavours, fine chemicals and plant nutrition and protection products.VIORYL’s premises are located in Afidnes, Attica (headquarters and research laboratories) and Thiva, Boeotia (production and warehouse) covering a total of 12.500 square meters in build-ings on an area of 50.000 square meters. Thanks to large investments in state-of-the-art technology as well as in qualified personnel, the company is nowadays the leader in the Greek market supplying clients with products of high quality and innovative character. The dynamic evolvement in scientific research combined with the commitment to quality and close cooperation with customers, provide VIORYL with a competitive advantage and have gained the company an excellent reputation worldwide contributing effectively to its continu-ous growth. VIORYL’s turnover surpassed 20 million euros in 2014 recording a growth of 10% in comparison to 2013. R&D spending reached 11% of the annual turnover while new investments included the instal-lation of new manufacturing equipment and process automation systems.VIORYL bases a substantial part of its growth abroad. About 50% of its turnover in 2014 came from exports, most of them being fine fragrances, natural flavours and fine chemicals of high added value. Rapidly expanding towards new markets worldwide, the company has an active presence in Europe, Middle East, Africa, Far East and North America. VIORYL caters to the specific needs of the customers by providing the appropriate solution whatever this might require: innovation, creativity or problem solving.“As VIORYL bases a substantial part of its growth abroad, we aim to further enhance our pres-ence in foreign markets by expanding our network of representatives in new countries all over the world”.

Mr Nikitas Ragoussis, Managing Director of VIORYL S.A.

CHEMICAL PRODUCTS

Nikitas Ragousis

Industrial

261


Contact DetailsPanteleimonas, Kilkis, 61100 Tel: +30 23410.75610Fax.: +30 23410.75619 Email: [email protected]: http://www.jannis.gr

JANNIS SA

Half a century of a dynamic and steadily evolving presence

JANNIS SA was founded in 1965 in Thessaloniki, northern Greece, the company’s core activity, initially, being the production of sesame bars, locally known as “pasteli”, a Greek traditional confection with a proven track record stretching back to antiquity. It is a healthy and totally natural snack that serves as a rich source of energy owing to the high-nutritional value of its two key ingredients, sesame and pure honey. The company’s wide product range includes nut bars, nougat bars, Greek-style delights, as well as other confectionery products, including coconut sticks. Since 2000, JANNIS SA has created and marketed certified organic production that has proven successful abroad as well as in Greece. The company’s distribution network covers the local market and has been considerably devel-oped abroad. Many company products are sold under private label brands.With almost half a century of dynamic and steadily evolving presence, JANNIS SA stands as the most established representative of Greek traditional sesame products internationally. This suc-cessful course has been primarily attributed to its customer loyalty. The company’s financial results changed only slightly in 2013. Total turnover fell by 5% to 12.4 million euros, while net pretax profit fell by 14% to 1.09 million euros.

FOOD PRODUCTS

Industrial

262


Contact DetailsLeoforos Diilistirion, Stefani Area 193 00 Aspropyrgos, Greece Tel.: +30 210 5582540 Fax: +30 210 5582547Website: http://www.corus-kalpinis-simos.gr/

CORUS – KALPINIS – SIMOS SA

Capitalizing its strong synergies

CORUS – KALPINIS – SIMOS SA was founded in 1999 and operates in the field of producing and marketing modern steel building materials, both in Greece and abroad.Based on the strength of its international cooperation with the global giant TATA STEEL Group as well as the ELASTRON Group, the leader in the steel processing and resale industry in Greece, CORUS – KALPINIS – SIMOS is dynamically active in local and international markets. By capitalizing on its strong synergies, the company strengthens its position in the sector and consolidates the steel foundations on which it bases its growth strategy.In 1999, BRITISH STEEL PLC along with KONINKLIJKE HOOGOVENS created in 1999 the CORUS GROUP. In the same year, A. KALPINIS – N. SIMOS SA along with CORUS GROUP created the company CORUS – KALPINIS – SIMOS SA. In 2007, TATA STEEL bought the CORUS GROUP which was renamed TATA STEEL EUROPE in 2010. In 2008, A. KALPINIS – N. SIMOS SA was renamed ELASTRON SA STEEL SERVICE CENTERS.Implementing its strategic plans, the company began its business with the advanced produc-tion of the ECOPANEL® product (a thermal insulated panel for the cladding and wall-facades of buildings), in accordance with the highest European quality standards. Aiming at developing modern steel building products covering the diverse requirements of the demanding building cladding sector, CORUS – KALPINIS – SIMOS has already gained control of a significant market.The center of the company’s activities is located in the industrial area of Aspropyrgos, just west of Athens, home to the company’s facilities, which include its offices and production plant.The company’s total turnover fell slightly, by 5%, in 2013 to 10.6 million euros from 11.2 mil-lion euros a year earlier. Losses of 1.3 million euros in 2012 were reduced to 1.1 million euros in 2013.

STEEL MATERIALS

Industrial

263


Industrial

ARGO

Profit more than doubled in 2013

ARGO is active in the Plastic Packaging sector as a designer, producer, and trader of rigid pack-aging. Thanks to a wide range of processing technologies and polymer grades employed, the company offers plastic closures, droppers, vials, bottles, canisters, tubes, and dosing systems for demanding applications and diverse markets. It provides packaging solutions of high qual-ity for best product protection and maximum brand impact in the market. The company was founded in 1970, in Athens, by Dr. Alexis Stasinopoulos and Tryfon Mitrogiannopoulos. The company is active in the markets of healthcare, personal care, crop protection, animal healthcare, chemicals and auto, and food and beverages. The range of manufacturing technol-ogies employed includes: Extrusion Blow Molding, Injection Blow Molding, Injection Stretch Blow Molding, Injection Molding, Plastic Tube production for Packaging, Printing and labelling and Assembling. The company is certified with ISO9001:2008, ISO14001:2004, ISO15378:2011, and EN ISO13485:2012 standards. Compliance with international standards and regulations is assured both by in-plant procedures and external accredited organizations or labs.The company performed well in 2013. Total turnover increased by 3% to reach 24.6 million euros from 23.8 million euros in 2012. Net pretax profit more than doubled, rising by 108%, to reach 3.65 million euros in 2013 from 1.7 million euros in the previous year.

KAPACHIM SA

Continual growth KAPACHIM was founded in Athens in 1974, operating, until 1987, a chemical production unit. The company had launched its operations as a modest, small-scale sulphonation company. Since then, it has developed significantly and nowadays has become one of the largest sulphonation and sulpha-tion complexes worldwide. At the same time, the company has diversified its production for a variety of different chemical groups. In 2009, KAPACHIM MOROCCO started a new Silicate plant in Jorf Lasfar with annual capacity of 40,000 tons. In 2009, KAPACHIM launched a new sulphonation plant in the Ukrainian city of Slavyansk. The capacity of the plant is 40,000 tons of LABSA per year. KAPACHIM GREECE has installed a film reactor sulphonation plant in the area of Inofita, located some 60km north of Athens. It produces a range of Sodium Alcohol Ethoxy Sulphates with annual capacity of 18,000 tons per year, as well as a range of Linear Alkyl Benzene Sulphonic Acids with annual capac-ity of 15,000 tons per year. KAPACHIM GREECE also operates a multi-purpose manufacturing facility, mainly for the production of Alkyl Betaines, Alkyl Amides and other specialty products. Annual ca-pacity is 5,000mt for each of the aforementioned products. Since 2009, the company began operating a new chlor-alkali plant with annual capacity of 4,000 tons of Chlorine, mainly used for the production of Sodium Hypochlorite. This recent investment incorpo-rates the latest membrane electrolysis technology. Besides being a key supplier for most multination-als as well as local detergents and cosmetics manufacturers, KAPACHIM GREECE is also propelled by vast and continuous export activity in the surrounding region.Its range of products are primarily used in the production of detergents, cosmetics, cleaners, drilling aids, insulating-construction chemicals, water treatment and the textile sector. The company posted improved results in 2013. Total turnover increased by 4.5% to 20.7 million euros. Net pretax profit rose by 25% to one million euros.

Contact DetailsPo Box 87, 19400 Koropi GreeceTel.: +30 210 6626691-5Fax: +30 210 6625500Email: [email protected] Website: http://www.argo-sa.gr

Contact DetailsEl. Venizelou 128 N. Ionia, Attiki, GreeceTel: +30 22620 31912Fax: +30 22620 31898Email: [email protected]: http://www.kapachim.com

PLASTICS

CHEMICALS

Industrial

Industrial

264


Contact DetailsSindos Thessaloniki, 574 00, GreeceTel.: +30 2310 798 151Fax: +30 2310 797 323Email: [email protected]: http://www.spanosmills.gr

Spanos SA

Storage capacity of up to 10,000 square meters

Sindos has been active in the trade of paddy rice (raw material) since 1992, with Thessaloniki as the focal point of operations. The company facility, measuring 5,000m², is located at a 2.1 hectare plot. More specifically, the facility is comprised of rice mill - rubber roil shellers, silos for stocking paddy rice, rice mill - vertical cones, parboiling section, a husk burning section for the production of steam and air filters for gas cleaning. The newly built production unit is located in Sindos, at a ten-kilometer distance from the commercial port and half a kilometer from the Thessaloniki – Athens national highway. The unit is well located for product transport by vari-ous means. The mechanical equipment of the unit is based on pick technology, in the specific production sector of parboiling, milling and energy production by burning of biomass. The parboiling section function is based on the method of “continus flow of the product”, which guarantees homogeneous, stable and premium quality. The technical equipment of the unit provides flexibility and capability to comply with the various quality exigencies of the market for parboiled rice, concerning the nuance of colour and resistance in boiling. The milling sec-tion comprises of pre cleaners, de stoners, thickness and length graders, metal detectors, co-losortex, polishers. The energy production plant’s burning of biomass (rice husk) assures avail-ability in steam, a prerequisite in parboiling treatment. The collection of burning emissions is achieved by using adequate filters. The storage capacity in paddy rice amounts to 10,000 square meters. The company’s rice processing center produces processed rice for immediate consumption; wholly milled rice parboiled (partly boiled); and husked (cargo - brown) rice parboiled, which maintains the internal peel. The facility also produces the by-products broken rice and bran, both intended for various industrial uses and animal feed. The company also offers various packaging alternatives - big bags, paper, polyethylene and polypropylene bags of 5 and up to 50 kg – for private labeling use. Sindos posted subdued financial figures in 2013. Total turnover fell by 14.5% to 8.1 million eu-ros in 2013 from 9.5 million euros in 2012. Net pretax profit, down by 40%, slid to 60,000 euros in 2013 from 100,000 euros in the previous year.

FOOD PRODUCTS

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Contact Details1st mm Grevena-Megaro road, Grevena, 51100Tel: +30 24620 87150Fax: +30 24620 26351Email: [email protected] Website: http://www.kourellas.gr

Kourellas SA

Exports represent 80% of annual production

Kourellas SA was established in 1992 following modification of a pre-existing company that had also been active in the food and dairy products sector since 1960.The company’s activity involves milk processing and production of cheese products, salads and yogurt, foodstuff production, and enhancement of agricultural productivity through pro-gressive applications.It is located in Grevena, northern Greece, at a company-owned facility along the 1st km of the provincial Grevena-Megaro road. The company operates its own milk-collection network, warehouse, facilities for pasteurization, processing, maturation, and standardization, and main-tains storage space for ready products. The company also runs a laboratory for quality control, where a strict tracing system is applied. The company’s main products are feta cheese, kefalograviera cheese, kaseri cheese, goat cheese, cheese with garlic and pepper, cheese with olive and chili, batzios cheese, manouri cheese and anevato, a local PDO (protected designation of origin) cheese established in the wider marketplace by Kourellas SA. Its products are distributed in Greece and Europe. In 1996, Kourellas SA became the first company to introduce production of organic dairy products, under the brand name “BIOPAN”. It based its organic procedures on specifications provided by the German Naturland company, as local regulations concerning animal organic products did not exist at the time. The Greek company went on to develop an important self-supplied dairy production system, for the organic agriculture, according to the EU laws 2092/91 and 1804/99. These days, Kourellas SA collaborates with 90 selected and responsible organic agricultural farming operations households. It also cultivates 20 square kilometers of land with breadstuffs and other various livestock feed in order to self-supply more than 20,000 bio-fed sheep and goats. The company, which produces 250 tons of organic cheese and 600 tons of conventional cheese, exports 80% of its production to other European markets. Kourellas SA has implemented the HACCP (hazard analysis critical control point) standard throughout its entire production process so as to fully assure product safety. The company also maintains a certified quality-assurance system in accordance with the ISO 9001:2000 and BRC standards for dairy products production. The company also conducts regular self-imposed inspections at its facilities, based on the EU guideline 89/662, using fully-equipped and special-ized scientific personnel for these checks. Kourellas SA collaborates with the Aristotle University of Thessaloniki, especially its laboratory for dairy product hygiene, and takes part in research programs concerning the standardization of traditional cheeses.In 2013, the company’s total turnover fell by 20% to 9.1 million euros from 11.3 million euros in the previous year. The company remained in the red and incurred losses of 286,000 euros in 2013, an 11% increase from losses of 257,000 euros in 2012.


Industrial

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KLEFER SA

Annual production of 50,000 elevator doors

KLEFER SA produces Elevator doors at a 12,000 m2 modern manufacturing facility in Kilkis, northern Greece. Established in 1999 as a joint venture between two highly experienced and dynamic partners, KLEEMANN SA and TECNOLAMA SA - FERMATOR, the company benefits from Kleemann’s leading presence in the complete lift market, and Fermator’s extensive know-how and leading position in the automatic door market worldwide. The company uses the latest state-of-the-art technology (CNC cutting & punching, robotics welding, ERP system for production, quality and logistics control) in order to deliver a product line that meets custom-ers requirements. This product line, includes: Light and Heavy Duty Cabin and Landing Automatic Doors, in elec-trostatic paint or various claddings (stainless steel, glass panels, etc) with VVVF control. Fold-ing Cabin Doors. Semiautomatic Landing Doors.Annual production capacity is 50,000 doors, and the company mainly serves the international market, concentrating its efforts in the areas of east, north and central Europe, as well as the Middle East.The company posted slightly reduced financial figures for the 2013 fiscal year. Total turnover slipped by one percent, compared to 2012, to reach 16.3 million euros. The drop in net pretax profit was more substantial, falling from 2.6 million euros in 2012 to 2.1 million euros in 2013, a 17 percent decline.

Halyps Building Materials SA

Major rebound into profitable territory

Halyps Building Materials SA, a company operating in cement activity under the brand name “Halyps Cement”, in aggregates activity under the brand name “Halyps Quarries” and in the concrete activity under the brand name “Et Beton”, has three production plants servicing the wider Athens region. Halyps Building Materials SA has established a subsidiary firm in Durres, Albania under the name Eurotech Cement SH.P.K., which operates a Cement Terminal. The parent company, Italcementi Group, a leading European cement producer and the world’s third largest, has consistently supported the significant investments performed in Greece with the aim of increasing capacity and efficiency, improving product quality and working condi-tions for employees, as well as adequately protecting the environment from the impact of its activities.Italcementi Group’s activities in Greece are motivated by its corporate values and identity, as well as the company’s 70-year presence in the country’s cement and building materials market. In 2013, the company posted a drop in total turnover but an exceptional increase in net pretax profit. Total turnover fell by 17% to 23.7 million euros from 28.5 million euros a year earlier. Net pretax profit skyrocketed 116% to reach 5.5 million euros in 2013 following a loss of 34.5 mil-lion euros in the previous year.

Contact DetailsStavrochori Industrial Zone, Kilkis, 611 00, GreeceΤel: +30 23410 75730Fax: +30 23410 75733Email: [email protected] Website: http://www.klefer.gr

Contact Details7th km National Road Athens Korinthos, 19300, Aspropyrgos, GreeceTel: +30 210 5518100 (Cement and Ag-gregates activity) Tel: +30 210 5518600 (Concrete activity) Email: [email protected]: http://www.halyps.gr

ELEVATORS

CONSTRUCTION

Industrial

Industrial

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Contact Details13th km Athens - Lamia National Road, Metamorphossi, 14452, Athens, GreeceTel: +30 210 2891 500Fax: +30 210 2891 599Website: http://www.abb.gr

ABB S.A.

Power and productivity for a better world

ABB is a global leader in power and automation technologies. Based in Zurich, Switzerland, the company employs about 140,000 people and operates in approximately 100 countries. The firm’s shares are traded on the stock exchanges of Zurich, Stockholm and New York.ABB’s business is comprised of five divisions that are in turn organized in relation to the cus-tomers and industries they serve.The group is particularly proud of its record for innovation - widely recognized through count-less awards and scientific accolades. Many of the technologies we take for granted today, from ultra-efficient high-voltage direct current power transmission to a revolutionary approach to ship propulsion, were developed or commercialized by ABB. Today ABB is the largest supplier of industrial motors and drives, the largest provider of generators to the wind industry and the largest supplier of power grids in the world.ABB covers Greece and Cyprus, offering the whole range of the group's activities, which in-clude the marketing of industrial and electrical equipment, construction of tables of medium and low voltage high requirements, design and execution of projects and after sales services.The presence of ABB in Greece contributes significantly to the technological development of the country and the efficient use of electricity while also increasing productivity with special consideration for the environment. ABB has shown remarkable contribution to the economy and high added value projects. The company possesses significant experience in energy tech-nology projects and high complexity automation, stringent technical requirements and speci-fications.ABB offers products, integrated systems and services in various business sectors such as pro-duction and energy management industries, process industries, oil processing industries, gas installations, utilities, airports, railways, marine applications, and so on. More than 300 people are employed at the premises of ABB in Athens (Metamorphosis and Scaramanga), Thessaloniki, Kozani and Limassol. The company's activities are certified ISO: 9001.The company reported slight decreases in financial performance for 2013. Total turnover de-creased by 10% and amounted to 79.6 million euros in 2013 compared to 89 million in 2012. Pretax profit declined by 17% from 1.4 million euros in 2012 to 1.1 million euros in 2013.

ELECTRONIC MATERIAL

Industrial

268


Strofilia I. M. LTD

Widely known Wermio

Founded in 1998 by Ilias Maimoutzis, the WERMIO company is based in the Strofilia area on Evia, Greece’s second-largest island slightly north-east of Athens. It processes, packages, and markets agricultural products, offering a large range of private label products as well as prod-ucts under the widely known Wermio brand name. It cooperates closely with Wermio (www.wermio.de) in Germany and Wermio in Giannitsa, northern Greece, both of which belong to the same corporate group. Large food chains and wholesalers in the sector make up the com-pany’s list of customers. It is primarily an export business, markets including Germany, the UK, and the USA. The company aims to increase exports by targeting additional markets. The company is certified with the most up-to-date quality certificates - BRC, IFS, ISO - and conducts regular inspections on its entire production process. In 2013, total turnover was reduced by 18% to 7.2 million euros from 8.8 million euros in 2012. The company managed to reduce its losses incurred in 2012 by 60%. Losses were confined to 522,000 euros in 2013 from 1.2 million euros a year earlier.

Ohonos Snacks

30% of annual production exported

Ohonos Snacks, a Greek company with high expertise in chips and snacks production, launched its business activity in the food industry in 1994 producing foods (chips and snacks) of the highest quality. It has established a well-structured distribution network that is supported by company-owned trucks that supply the entire country, serving clients quickly and reliably. Moreover, the Ohonos Snacks Company exports 30% of its annual production to various European markets. The company’s sales and promotion covers all of Greece, collecting orders.The Ohonos Snacks Company takes absolute care to use natural and certified ingredient. Every step of the production process is constantly monitored by the company’s highly qualified staff to ensure that all Quality Managing System conditions and International Food Management and Safety standards are fulfilled. Τhe company’s production procedures have been certified by ELOT EN ISO 9001:2000, ELOT 1416 (HACCP) since 2005 and ISO 22000:2005 since 2009. The company’s prime objective is to constantly strive for products of the highest quality. In 2013, the company’s sales increased by 6.8% to reach 14.1 million euros from 13.2 million euros in 2012. Net pretax profit fell marginally to 1.23 million euros in 2013 from 1.27 million euros in 2012.

Contact DetailsStrofilia, EviaTel: +30 2227-93100-103Fax: +30 2227-93187Email: [email protected]: http://www.wermio.gr

Contact DetailsSindos Industrial Area, Entrance C’ GR57022, Sindos, Thessaloniki, Greece Tel +30 2310 795 299 Fax +30 2310 795 399Email: [email protected] Website: http://www.ohonos.gr

FOOD PROCESSING

FOOD PRODUCTS

Industrial

Industrial

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Industrial

ΝORDIA-MARMOLINE

Advanced Building Materials

ΝORDIA-MARMOLINE possesses vast experience and expertise in the building materials indus-try. It focuses on industrialized quality production of mortars, thermal insulation systems and other building materials. It is also active in the extraction of decorative rocks and aggregates. Today, MARMOLINE produces advanced building materials that contribute to the upgrading of building works, following contemporary social needs for energy efficiency and environmental protection. In order to achieve these standards, MARMOLINE invests in technology and indus-trial specialization, constantly upgrading its industrial plants.New facilities, raw materials selected under strict criteria, mechanical equipment fully con-trolled by computer systems with specialized software, and ISO 9001 certified quality manage-ment system procedures, provide consistent quality throughout the production process.The product line of the company consists of the following: Thermal and Sealing water insula-tion, repair & improvement materials, decorative renders, special paints, varnishes, flooring products, adhesives for tiles, marbles, granites, grouts, masonry products, liquids, application machinery and ready plasters. Marmoline’s products are designed and developed according to international and European standards (CE) and also in compliance with national specifications of countries where the com-pany conducts business. The company’s main objective is to develop environmentally friendly products. The company also strives to offer favorable and safe working conditions. It places particular emphasis on preserving the technical characteristics and attributes of company products, the key reasons that have established them as top choices for customers. The company posted an increase in total turnover and a reduction in profit in 2013. Total turn-over increased by 38% to 11.6 million euros from 8.4 million euros. Pretax profit slipped to 1.3 million euros in 2013 from 2.5 million euros in 2012.

THRAKIS SA

From losses to profit

The company THRAKIS SA was established in 1980 by two siblings, Dimitris and Alexandros Oustabasidis. The venture, originally launched under the company name OUSTABASIDIS Bros, operated in the area of marketing and food distribution. The company experienced a major upward turning point about a decade later, in 1991, after the two brothers, spotting a gap in the local market’s packaging domain, implemented their plan to establish an advanced food packaging unit. It proved to be a successful move. Over the years, THRAKIS has developed into one of its sector’s leading Greek companies, with food packaging levels exceeding levels of 2,000 tons, annually. Besides packaging and standardization, the company also became engaged in food process-ing. Various types of cheese, appetizers, salads, pastry products and frozen foods make up the company’s range of products. The company’s name has become synonymous for quality and consistency, both locally and throughout Europe in general. The company is located in Alexandroupolis, northeastern Greece, and owns facilities covering an area of 4,000 square meters, where food packaging and processing takes place. The company posted increased total turnover and profit figures for 2013. Total turnover in-creased by 26% to reach 7.6 million euros. The company stepped out of loss-incurring territory, measuring 41,000 euros in 2012, to report a 75,000-euro profit in 2013, a 282% year-on-year rise.

Contact Details364 Kifisias Avenue, Halandri, 15233, AthensTel: +30 210 6896480Fax: +30 210 6896404Email: [email protected]: http://www.marmoline.gr

Contact Details2nd km Alexandroupolis-Avanda road, Avanda, 68100Tel: +30 25510 33770Fax: +30 25510 33771Email: [email protected] Website: http://thrakis.gr

ΝΟN METALLIC MINERALS

FOOD PACKAGING & PROCESSING

Industrial

Industrial

270


EKME SA

Prominent position in the industrial construction sector

EKME SA is a privately owned mechanical and civil construction company that operates throughout Greece and abroad. It was founded in 1972 in Thessaloniki, where the company headquarters and manufacturing facilities are located at a 3,000-square meter facility. In addi-tion, EKME operates a 1,100-square meter fully equipped factory in the Nea Karvali region of Kavala, northern Greece, which was launched in 1985.EKME SA holds a prominent position in the Greek market’s industrial construction sector. Its basic activities fulfill a wide range of needs for the petrochemical, energy, defense and con-ventional industry sectors. These include engineering, design and manufacturing of high tech-nology equipment (reactors, distillation towers, heat exchanger, pressure vessels, tanks) and erection, operation and maintenance of complete industrial units and installations including off-shore facilities.Moreover, the company offers solutions in Detailed Engineering and Fabrication of Pressure Equipment and Skid Based / Modularized Process Units for refineries, petroleum storage, chemical, natural gas and fertilizer industries. Equipment includes medium & high pressure reactors, vessels, shell & tube heat exchangers, furnaces, heaters. It constructs complete pro-cess units and fuel storage facilities including civil, electromechanical, insulation, painting and commissioning works, as well as pipelines for natural gas, petroleum, chemical products and utilities. The company also offers offshore maintenance work and support services (on oil drill-ing platforms in North Aegean, the only ones operating in Greece). It conducts maintenance work on industrial installations of all types, develops power-generation projects (hydroelectric, wind power, thermoelectric) while also offering fabrication of wind turbine towers, steel struc-tures and machinery.

MAST FOODS SA

Despite the reduction on net profits turnover increasd

MAST FOODS SA is a leading locally based producer and exporter of aseptic tomato paste and fruit purees for industry, with over 40 years of experience in the processing of agricultural products. The enterprise’s production facility, which covers an area of 38,000 square meters, is located in central Greece, in the Magnesia prefecture’s Almiros area, close to Volos’s port and airport. The plant’s location, by the 285th km of the Athens-Thessaloniki national highway, lies in the heart of the fresh tomato growing region. MAST FOODS has also implemented procedures aimed at further assuring product qual-ity, always taking international hygiene and specifications standards into consideration. The company applies HACCP food-safety procedures to all stages of production, thereby ensuring product safety through the application of the internationally recognized system and ISO 22000 standards. Products are packed aseptically for industrial use and produced not only according to the company’s standard specifications, but also to those of clients, upon request. As such, the com-pany holds one of the leading international market positions in the sector with export activity throughout the EU, eastern Europe, the Middle East and Africa.The year 2013 proved to be a difficult one for the company. Despite a total turnover increase of 10.5%, the company’s profit figure shrunk. Total turnover rose from 6.2 million euro in 2012 to 6.9 million euro in 2013. However, the company’s net pretax profit figure plunged by 105% in 2013, leading to losses of 4,000 euros.

Contact Details6 S.Vempo St, PO Box 8 57008, Echedoros, ThessalonikiTel. +302310 755260, 755085Fax. +302310 755104 Email: [email protected]: http://www.ekme.gr

Contact DetailsKifisias Av. 125 - 127 (Cosmos Centre) Tel: +30 210 6984725 Fax: +30 210 6985170 Email: [email protected]: http://www.mastfoods.com

CONSTRUCTIONS

FOOD PRODUCTS

Industrial

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Contact DetailsXanthi Industrial Area, Xanthi, 67100, GreeceTel: +3025410-64200Fax: +3025410-64204Email: [email protected]: www.royalmediterranean.com

TSATSOULI BROS, ROYAL S.A.

Market leader in its sector

The company began operating in 1925 in Kavala, northern Greece, founded by Alexis Tsatsou-lis, who was born in Epirus, northwestern Greece. He began by producing pickles in a distinc-tive personal way. As the years went by, his pickle business grew. The founder’s small workshop expanded into a small industry and was passed on from one generation to the next. Nowadays, that small in-dustry has evolved into one of the largest in the country, with two modern factories, dozens of recipes, and products exported around the world. ROYAL MEDITERRANEAN, as the company is named today, guarantees top-quality food and food safety. Besides pickles, the company prepares olives and food products based on the Mediterranean diet, all distinguished for their variety, quality and taste.In terms of scale, plenty has changed at the company since its modest start. But the company has made it a point to never change its careful selection of ingredients and overall use of top-grade materials. The company is run by a dedicated and experienced staff and continuous to invest in new equipment. It consistently applies all international quality and safety management standards and is committed to offering delicious food products. The company’s two production plants measure a total of 14,000 square meters in floor space amid plots of land measuring a total area of 30,000 square meters. The company employs 100 full-time staff members and over 300 seasonal employees at both factories, creating strong ties with the local communities. The production plants produce 9 million kilos of fresh vegetables and olives, annually. It also produces 6 million kilos of fresh red peppers and 10 million jars of Royal Mediterranean prod-ucts, ready to be sold. Overall, the company offers 300 different products with some 100 differ-ent recipes. New recipes are constantly being developed and added to the vast existing range. About 80% of the company’s total turnover figure is generated by exports. The company’s products are sold in over 30 countries around the world, from New Zealand to Mexico. Royal Mediterranean has also maintained long-term associations with over 30 clients who have as-signed Royal Mediterranean production duties for their own label brands. In Greece, the com-pany is a market leader with market shares of more than 50% in its sector.The company reported sturdy financial results for 2013. Total turnover remained unchanged at 10.5 million euros. However, pretax profit increased by 28% to 517,000 euros from 400,000 euros in 2012.

FOOD PRODUCTS

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Contact Details131-139 Spaton (new avenue)Gerakas, 153 44, AthensTel: +30 210 6603600Fax: +30 210 6603629Website: http://www.bingo.gr

BINGO

Exporting to all continents

The BINGO company was established in 1971, initially operating as a small outlet in the down-town Kypseli area. Five years later, BINGO had evolved into an industry and was transferred to new and modern manufacturing facility in Gerakas, northern Athens, where the enterprise has been based until the present day. The facility’s size has grown tenfold following a series of investments over the years. The facility is located on a 17.708-square meter plot of land, while its warehouses and factory cover 6,500 square meters. The company’s wafer production facil-ity, administrative offices, and distribution center are all located here. The company’s annual capacity amounts to 6,000 tonsIn 1993, BINGO SA joined the entirely Greek-owned TOTTIS GROUP OF COMPANIES, one of the country’s biggest, whose main activities are production and marketing of packaged confec-tionaries and snacks, as well as cardboard packaging. The company maintains a carefully assembled R&D and quality control department, which explains its pioneering position in the Greek market from the ‘70s until the present day. SERE-NATA, AMARETTI, KOUKOUROUKOU wafers, dominant brands in Greece’s wafer market for over 40 years, are the company’s flagship products. The company’s sales and distribution efforts for the Greek market are supported by two offices, in Athens and Thessaloniki. The group’s export activity represents 20% of its annual turnover. In more recent years, the Tottis Group has exported to various destinations, including a num-ber of fellow EU member states, the USA, North Africa, the Middle East, Far East, China and Australia. BINGO SA employs 250 persons, 100 of these in production, the other 150 in administration, as part of the company’s fully organized sales, exports, accounting, marketing, logistics, customer service and credit control departments. In 2013, the company posted a 4% increase in total turnover to 45.4 million euros from 43.7 million euros. Pretax profit increased by 23% to 310,000 euros from 250,000 euros in 2012.

FOOD PRODUCTS

Industrial

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Contact DetailsCentral Market of ThessalonikiStand D 27-30 546 28, Thessaloniki HellasTel: +30 2310 763 133Fax: +30 2310 764 564Email: [email protected]: http://www.fructaunion.gr

FRUCTA UNION

Distributing 265 types of well-known fruit and vegetable brands

Fructa Union is a third-generation family business that markets and distributes well-known fruit and vegetable brands from around the world. It distributes over 12 million kilograms of product every year and has a staff of 19 employees. Its quality, vast range of rare and exotic varieties, and the immediate availability of all products at all times are what place Fructa Union at the very top of every partner and supplier’s list. Fructa Union only works with well-known producers and fruit processors who have been care-fully selected based on the strictest criteria in order to steadily meet the high quality demands of its customers. The company’s long-standing business relationship with its suppliers is built on a solid foundation, thus guaranteeing the consistent supply of products. Most of the prod-ucts are imported from Argentina, Brazil, Chile, South Africa, China, the Netherlands, Belgium, Germany, France, Spain, Italy, Morocco, Turkey, Israel, Palestine, Poland, the Former Yugoslav Republic of Macedonia (Fyrom) and Cyprus. Its long list of 543 suppliers includes brand names such as: CAPESPAN, ZESPRI, FRUTUCUMAN, TRES ASES, DOLE, GRUPO FERNANDEZ, CRICKET, CULTIVAR, CMR, PRATS, ROVEG, DENIMPEX, WATERING, 4 FRUIT, FREELAND, OPERA, PARMEN-TINE, VOG, PFALZ, and BEL’ EXPORT. Fructa Union distributes 265 types of fruit and vegetable brands from around the world. It has one of the widest varieties of fresh products in the entire sector. Fructa Union is also famed for keeping unique and rare varieties in its range all year round, thanks to its broad global network of collaborators. Fructa Union constantly invests in larger, state-of-the-art equipment for the storage of its products. The company’s facilities include 550 square meter cold storage in Thes-saloniki’s central market and 1,650 square meters of storage space in Sindos, 12km from Thes-saloniki, where its new cold storage facilities are being built.The company posted sound financial results in 2013. Total turnover increased by 39% to 8.5 million euros in 2013 from 6.1 million euros in 2012. Net pretax profit rose by 7% to 110,000 euros in 2013 from 102,000 euros in 2012.

FOOD PRODUCTS

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Contact DetailsIppodromiou str. 6th km Thessaloniki-Oreokastro old national highway, 570 13, PO BOX 6, Thessaloniki, GreeceTel: +30 2310 680 033, +30 2310 729 888Fax: +30 2310 680 036, +30 2310 683 225E-mail: [email protected] Website: www.newageholdings.gr

New A.GE group

Offering high-quality attire

The New A.Ge enterprise is a complete unit of clothing manufacturing that is also specialized in yarn dyeing and knitting, all led by the company’s own designing department. The compa-ny’s ability in crafting sophisticated quality fabrics has been confirmed by industry certification standards (OEKO TEX STANDARD 100). The company’s success is highlighted by its constant presence in the exceptionally competitive field of fashion, supported by long-lasting associations with leading European fashion houses such as Pepe Jeans London, St. Pauli, C&A, IKKS, One Step, Naf Naf, Valentino, River Island, Dor-othy Perkins, Asos, Wallis, Orchestra, and others, all of which are offered new ideas in fabrics, designs, prints, as well as accessories. The New A.Ge enterprise also operates three subsidiaries firms. Each company contributes in making the enterprise versatile in order to effectively meet customer demands. The New Age yarn dyeing House–Axioupolis branch is a a contemporary unit of yarn dyeing that specializes in reactive dyes of special fibres. New A.ge Logistics SA is a transportation company covering destinations in most of European countries. Kalasiris Ltd is a complete manufacturing and ex-portation unit that primarily serves customers in Scandinavian markets as well as Greece. The New A.GE group is renowned for its smooth-running production and efficiency with respect for quality, innovation, flexibility and reliability. The New A.GE group operates from company-owned facilities measuring 7,000 square meters in northern city Thessaloniki’s industrial zone of Oreokastro, as well as from additional facilities in the Former Yugoslav Republic of Macedonia (Fyrom) and Bulgaria, measuring 4,000 square meters and 7,000 square meters, respectively. The group’s personnel of 580 staff members of-fer a monthly production capacity of between 450,000 and 500,000 ready-to-wear items that are competitively priced. Constantly striving for even greater production efficiency, the group consistently invests in new technologies, all of which maintain high automation and strict quality-control standards throughout all stages of production, as demanded by OEKO-TEX cer-tification standards. The company posted increased total turnover and net pretax profit results in 2013. Total turn-over rose by 21% to 6.7 million euros in 2013 from 5.5 million euros in 2012. Net pretax profit increased by nearly 60%, reaching 264,000 euros in 2013 from 165,000 euros in 2012.

CLOTHING – APPAREL

Industrial

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Contact Details17 Smirnis & Tavrou str, 17778, TavrosTel: +30 2103411850Fax: +30 210 3458486Email: [email protected]: http://www.sekap.gr

SEKAP

A key sector player

SEKAP, the Greek Cooperative Cigarette Manufacturing Company SA, is an industrial and com-mercial company operating in the manufacturing, selling and marketing sectors for cigarettes and tobacco products, both in Greece and internationally. It stands as the country’s only tobacco cooperative, established through the joining of forces by Greek tobacco producers. SEKAP is a key player in the Greek tobacco market with a successful and constantly growing international presence.The company is based in three cities. Its production plant is located in Xanthi, northeastern Greece, widely renowned for its tobacco production since 1715. The company’s commercial services for northern Greece are offered through offices in Thessaloniki, while the company’s central management, administrative and commercial services for all other parts of Greece is located in Athens. SEKAP’s monthly production capacity is approximately 600 million cigarettes, for double shift schedules, and 850 million cigarettes for triple-shift production. Measured in terms of daily production, these figures translate to approximately 30 million cigarettes (two shifts) or 40 mil-lion cigarettes (three shifts). The company carefully selects the raw materials it uses through strict procedures.SEKAP has established a series of successful brand names, initially based on oriental tobaccos, each targeting different market segments and meeting particular smoking preferences. The approach led to brands such as SEKAP, EXTRA, KIRETSIELER, XANTHI and ARISTA. SEKAP experi-enced major success in 1984 with the launch of its COOPER brand, the first Greek-made Ameri-can Blend cigarette. SEKAP’s launch of its GR and GR Lights brands, in 1986, proved equally successful. Innovative brands, such as BF, high quality standards, as well as competitive prices, have led to international trading activity for the company. It markets its products in Europe, Africa, the Middle East, Asia and the USA. The cooperative ended 2013 in an encouraging fashion. Total turnover rose to 21.6 million eu-ros from 18 million euros in 2012, a 19.5% year-on-year increase. It incurred a loss in 2013, but this was reduced by 65%, from 25.2 million euros in 2012 to 8.9 million euros in 2013.

CIGARETTES

Industrial

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PAPADIMITRIOU C. C. SA

Family business backed by 75 years of history and innovative products

PAPADIMITRIOU C. C. SA was founded in 1939 and, these days, ranks as one of the largest food processing companies in Greece’s south. Over three generations, the Papadimitriou family has brought its combined knowledge, expe-rience, and enthusiasm to the creation of an innovative range of high-quality Mediterranean products. With products based on the nutritional concepts of the Mediterranean diet, the com-pany has earned the confidence of consumers in both domestic and international markets.Papadimitriou C. C. SA operates a modern production facility, totaling 10,000m2 in floor space, which is located in Thouria, Messinia, southwest Peloponnese. All product categories mustards, balsamic vinegars, olive oil and currants - are produced and packaged at this facility for retail-ing or food service. The central office building, which houses all of the company’s administra-tive services, is also located at this facility. The production and distribution of products, based on highest-quality specifications, is a ma-jor strategic commitment of Papadimitriou C. C. SA. The company holds B.R.C. – Classification A (Technical Standard for Food Safety) as well as ISO 22000: 2005, ΙFS, ΗACCP certification. Its organic products have BioHellas certification.The company posted improved financial results in 2013. Total turnover reached 10 million euros from 8.7 million euros in 2012, a 15.5 percent increase. Net pretax profit increased to 118,000 euros in 2013 from 40,000 euros in 2012, a 194% increase.

Provertia

Annual production close to 3 tons

Provertia began operation as a producer in 1965, while the company’s packaging activities commenced in 1988. It ranks as a leading feta cheese producer in Greece with annual produc-tion reaching 2.8 tons, of which 2.1 tons are packaged. Packaging for major Greek retailers and private label products for European retailers ranks as a key business activity for the company. Provertia is based in three cities in Greece and three other parts of Europe. In Greece, the com-pany’s feta cheese production and feta and white cheese packaging facility is located in Alex-androupoli, northeastern Greece. The mainstream cheese production base is located in Tripoli, central Peloponnese, while the export sales office is in Athens. As for the company’s facilities in other parts of Europe, it operates a unit producing frozen pastries in Bulgaria, a yoghurt production plant in Austria, as well as a distribution and logistics base in Germany. Milk collection is a crucial aspect of Provertia’s production process. The company takes great care in selecting raw milk of the highest standards. It is collected on a daily basis from dairy farmers with whom the company has built long-lasting relationships. The main products are feta cheese, BIO feta, barrel-aged feta, sheep goat and cow cheese, kas-seri, manouri, graviera, Cypriot halloumi, Greek strained yogurt and frozen pastries. The company posted positive financial results for the 2013 fiscal year. The company’s total turnover increased by 83% from 3.7 million euros in 2012 to 6.8 million euros in 2013. Net pre-tax profit rose by 77% from 10,000 euros in 2012 to 18,000 euros in 2013.

Contact DetailsThouria Messinias, 24009 KalamataΤel: +30 27210 32960-3Fax: +30 27210 33008Email: [email protected]: http://www.papadim.com

Contact Details26th kilometer Alexandroupoli – Synoron, 68100, Alexandroupoli, Tel: +30 25510 33770Fax: +30 25510 33771Website: www.provertia.gr

FOOD PRODUCTS


Industrial

Industrial

ACTIVE GREECE 2015TOURISM

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ACTIVE GREECE 2015 - ΤOURISM

Our goal is 24 million

international visitors

and 19 billion

euros in direct revenue by 2021

The success story of our industry is widely acknowl-edged. In spite of the crisis, and even in the midst of it, the Greek tourism sector has continued to achieve its targets and support the Greek Economy both in financial and social terms. Indeed last year, tourism proved to be the key driver of economic growth in our country. Our sector continues to be one of the leading contributors to GDP and – in a year that the country welcomed a record 17.9 million international visitors who accounted for 12.2 billion euros in direct receipts – it is no coincidence that, in 2013, Greece posted a primary budget surplus for the first time in a decade. Going forward, the Greek Tourism Confederation has just revised its 2014 international arrivals target - from 18.5 million to 19.5 million; for a total of 21.5 million if we count cruise ship visitors. We also anticipate that total tourism revenue may well exceed 13.5 billion Eu-ros this year.At this point I should highlight the fact that one of the key reasons for this impressive increase in internation-al arrivals is the growth seen in the German market. This year we are anticipating a record year in terms of German arrivals, totalling almost 2.8 million, up signifi-cantly from previous years.My opinion is that this is not a case of a couple of one-off, successful years for our industry. Greece’s tourism industry has evolved into a key, stable pillar of the Greek recovery story. Greece is one of the world’s lead-ing travel destinations, combining a wealth of natural beauty, sea and sun, cultural heritage and a diverse ar-ray of unique experiences ranging from culinary tours to spa and wellness treatments. Our country’s tourism enterprises offer rates and packages that are excellent value for money. Keen interest from major airlines and improved air connections, in addition to far more di-verse distribution networks for our tourism product, have already brought results in terms of significantly extending the tourism season (ie April to June air ar-rivals excluding Athens numbered 3.6 million in 2014, compared to 2.8 million in 2010), as well as substantial growth in visitor expenditure.Furthermore, if we compare international arrivals fig-ures with those of our major competitors – Spain, Cro-atia, France, Italy and Turkey – we see that Greece has gained market share, with an increase of at least 15% for a second consecutive year. The Bank of Greece re-cently announced preliminary figures for July arrivals, which indicate phenomenal growth for that month - almost 30%, with overall growth of 20% for the first seven months of the year.

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The stabilisation of Greece’s economy has contributed to ensuring that the country is, once again, projecting a positive image abroad. Furthermore, Greece has an excellent online reputation ranking, particularly when

compared with competing destinations. The Greek Tourism Confederation has signed a strategic partner-ship with ReviewPro, whose online reputation man-agement analytics provide critical insight into overall guest satisfaction levels for all of the confederation’s member hotels as well as strengths and weaknesses across a variety of departments, The initial results – from January through August - indicate that Greece enjoys an overall satisfaction rate of 84.1%, compared to an average 81% seen in our competitors. Along with providing an overall ranking, ReviewPro also measures specific elements such as value for money, location, service quality and food and drink provision. As the newest Social Partner of the Greek Govern-ment, from early on we developed a strategic road-map for tourism with a view to 2021. According to the roadmap, we anticipate strong, stable and sustainable growth. Our goal is to attract 22 to 24 million interna-tional visitors and generate 19 billion Euros in direct revenue by 2021. This increase in visitor numbers and revenue would add 9 points to GDP and result in the creation of another 300,000 jobs, for a total of 1 mil-lion. According to the roadmap, in order to achieve these figures by 2021, we must invest 3.3 billion euros annu-ally in the tourism sector. There is an immediate need to create 150,000 new hotel beds and upgrade anoth-er 100,000 in the 4* and 5* categories. Moreover, we must invest in infrastructure that will pave the way for attracting affluent, experienced travellers with greater spending power.

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For the next couple of minutes, I would like to high-light some key facts that will provide some context for the discussion to follow.Arrivals figures are actually growing faster than our 2021 projections. The Greek Tourism Confederation expects that the adjustment of the target from 22 to 24 million arrivals will be achieved earlier than pre-dicted in the 2021 roadmap forecast. More specifi-cally, the figure of 19.5 million-plus arrivals that we are anticipating this year is two to three years ahead of the target in the original plan. Consequently, and in order to ensure the Greek economy capitalises on this accelerated inflow of tourists, a number of criti-cal steps must be implemented to move forward the investments necessary to support and bolster this growth. At our most recent Greek Tourism Confed-eration General Assembly, the Prime Minister stated that the Tourism industry will be supported with a sum of 500 million euros on an annual basis. A new, more attractive and stable tax law is of paramount im-portance together with an improved and transparent zoning, land use and coastline regulatory framework. Furthermore, privatisations should be accelerated,

Dr. Andreas A. Andreadis, President

Greek Tourism Confederation (*)

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chiefly to enable the required infrastructure invest-ments. Regional airport and port privatisation, for example, should be conducted in a manner that will facilitate tourism development and not with the sole objective of maximizing revenue. A study conducted by SETE Intelligence, SETE’s newly-established intelligence unit, found there to be a 25% increase in scheduled flight seat demand in 2014 com-pared to 2013. The breakdown of planned incoming air transport capacity at regional airports is as follows: 43% scheduled international flights, 42% chartered flights and 15% domestic flights. Therefore, for the first time, the number of seats on scheduled international flights will surpass the number on chartered interna-tional flights. In other words, it appears that airlines are feeling increasingly confident about establishing stable connections with our country due to solid, ever-growing demand. Aside from our main tourism product which is sea and sun – that, as mentioned previously, requires an in-vestment of an additional 250,000 beds in the 4* and 5* categories – all other tourism products outlined in the 2021 strategic roadmap are attracting greater de-mand than initially predicted. The City Break product, in particular, is picking up faster than anticipated. As a result of social unrest in previous years, tourism in Athens had suffered substantially. During that period, international arrivals at Athens airport declined by ap-proximately 850,000. Fortunately, tourism in Athens began to recover in the first half of 2013. This recov-ery trend strengthened in 2014, and in the first half of the year, international arrivals increased by 400,000 compared to 2013. At the moment, arrivals figures are higher than those of 2009. Given that almost 60% of international travellers visit Athens in the second half of the year, the total annual increase can be expected to surpass 800,000. The fact that all major archaeologi-cal sites are now open from 08.00 to 20.00 and shops in the city centre will stay open on certain Sundays will further boost the city break product and the local economy.

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Tourism is one of the few sectors in which revenue is spread widely, both regionally and socially. Tourism-related services are offered by a multitude of busi-nesses and professionals, offering employment to ap-proximately 320,000 people. Taking into account the contribution of tourism to the rest of the economy, the number of employees rises to 700,000. With the front load of arrivals I have described, we anticipate that tourism will create 300,000 new jobs for a total of 1 million jobs ahead of 2021. Furthermore, a sig-nificant proportion of the cost of services provided relates to labour services and cost components, such as food, energy and transport, which has considerable

domestic added value. Tourism, therefore, contributes substantially to the country’s wider economic devel-opment and meets an urgent need for job creation. In order to implement the road map and steer our sec-tor towards achieving our 2021 targets, in 2013 we launched our two main strategic vehicles, the non-profit organization Marketing Greece and the institute of SETE.

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Marketing Greece is a financially independent – that is, privately funded - organization founded by SETE, the Hellenic Chamber of Hotels and the Greek Asso-ciation of Advertising and Communication Compa-nies. The company serves as the official representative of the Greek tourism industry and aims to effectively showcase Greek destinations and experiences while promoting seamless cooperation between the private and public sectors, the government and local authori-ties.When I look at Marketing Greece, I see a company that is able to coordinate private marketing energy, by clus-tering small- and medium-sized company marketing initiatives. It also assists local communities, particu-larly the ones whose voices are struggling to be heard, to structure and showcase their tourism potential in a more professional and technologically-advanced way.Even though the company is still in its first year of op-eration, I must say that the team is working with in-credible speed and efficiency. In a matter of months, they have planned, built and launched our flagship portal www.discovergreece.com

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The Institute of SETE – INSETE – has two major strate-gic axes. Firstly, to develop a thorough and fully func-tional tourism observatory. The observatory will be capable of analyzing data for our members, the tour-ism industry, investors and hedge funds seeking infor-mation across the full spectrum of tourism. Secondly, INSETE will develop a transparent system of accredi-tation for tourism professions and the varied tourism products. With the support of INSETE, we will be in a position to further upgrade the quality of Greece’s tourism enterprises and services, enhance the visitor experience and further improve and consolidate our position in the global tourism marketplace.

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The next few years will be critical for Greece’s tourism industry. SETE is working towards the implementation of a thorough plan aimed at improving the standards of products and services offered, while investing in education and training, both for those working in the industry and Greek society as a whole. It is our duty to continue to support the Greek economy and ensure a better future for generations to come.

(*) speech in FVW Congress, 23 & 24 September 2014

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Contact detailsKassandra, 630 77, Halkidiki, Greece Tel: +30 23740 99400Fax: +30 23740 99508Website: http://www.sani-resort.com/ E-mail: [email protected]

SANI SA

In a league of its own

SANI SA, a Greek family-owned venture founded 40 years ago by the parents of the enterprise’s current management, exemplifies a hotel business operating at a level of maximum efficiency. The company’s financial performance stands as solid proof. For yet another year, the business, owned by the siblings Stavros and Andreas Andreadis and Phaedon Zisiadis, posted a slight total turnover increase to reach just under 51 million euros. The company’s profit rose by 13% to nearly 8.5 million euros. SANI SA holds the title as Greece’s most profitable hotel business. Compared to the sector’s wider picture, SANI SA has floated well above the financial woes that have plagued numerous Greek hotel enterprises in recent years. But a marked improvement has been observed in the sector. Research conducted by Active Business Publishing in the hotel sector last year showed considerable increases in both turnover and profit. More specifically, a sample of 220 hotels in Greece showed that the sum of their losses incurred in 2012, an alarm-ing amount of 147 million euros, was drastically reduced to 30 million euros in 2013. The total turnover figure of all 220 hotels, combined, rose by 17%, reaching just under 800 million euros. SANI SA controls the Sani Resort in Kassandra, Halkidiki, a breathtaking holiday location that of-fers escape to a natural environment where man and nature co-exist in harmony. The resort has been developed on a company-owned expanse measuring 450 hectares with a view of Mount Olympus and the Aegean Sea. Features include the Sani Beach Hotel, the Sani Beach Club, Porto Sani Village, and the Sani Asterias Suites. The resort’s marina and luxury villas built in the wider Sani area contribute to an overall setting that could be described as the country’s first fully de-veloped tourism locale. SANI SA has also established a long-term collaboration with Oaktree Capital Management, a US investment fund managing over 80 billion dollars that is currently making a dynamic entry into Greek tourism-related real estate. The US investment fund, established in 1995 by Howard Stanley Marks and Bruce Karsh, has, in recent years, displayed a heightened interest for invest-ment in Greek-owned companies, particularly in shipping, tourism and banking. The fund is considered the world’s leading distress-debt investor. In 2008, it managed to accumulate 10.9 billion dollars to create the Opportunities Fund VII. Social security funds, foundations, and state investment funds represent Oaktree Capital Management’s main clients.

Stavros Andreadis

Andreas Andreadis

281


Contact details12, Filotheis str. 11147 Galatsi, Athens - GreeceTel.:+302102134644Fax:+302102917672 Website: http://www.mitsishotels.com/ E-mail: [email protected]

MITSIS HOTELS

The Greek hotelier who has invested 400 million

The hotel chain “Mitsis Hotels” was founded by Mr. Konstantinos Mitsis in 1976 and represents the most important activity of the Mitsis Group of Enterprises, which is also active in the fol-lowing sectors: textile industry, wine production, construction and publication.HistoryBearing in mind the group’s versatile activities, the Mitsis Hotels logo is representative of the company founder’s attitude towards life, for the last 40 years or so: a forward-looking, target-oriented figure. The first knitting factory is established on September 5th, 1954. It signals the beginning of a long, successful career, which evolves at a quick pace. Achievements succeed to one another: textile industry, wine production, construction andmassmedia. While the first hotel unit only operates in 1976, today, hospitality has become the group’s main activity.The company counts 20 properties, 4-star, 5-star and deluxe City and Resort hotels, as well as 11 spa & thalassotherapy centres. Located in some of the most beautiful areas of Greece: on the islands of Crete, Rhodes and Kos, in Kamena Vourla in central Greece, and in Ioannina. The company employs 4000 staff, thereby playing an important part in the country’s tourism devel-opment and employment sector. In Athens maintains the hotel Sofitel, in Corfu in Roda Beach, in Ioannina Grand Serai, in Kam-mena Vourla Galini Resort, Crete Laguna Resort, Rinela Beach, Serita Beach, Kos Blue Domes Family Village Norida Beach Ramira Beach Summer Palace in Rhodes the Alila, Faliraki Beach, Grand Hotel, La Vita, Lindos Memories, Petit Palais, Rodos Maris, Rodos Village.We should note at this point that the group Mitsis since 2008 has invested 400 million Euro. the statements of its founder are characteristic, Mr. Konstantinos Mitsis on the web TV www.timetv.gr: «We have four new hotels, investing about 200 million euros. It is the last the Alila in Rhodes, Laguna in Crete, Blue Domes in Kos and the Grand Serai in Ioannina. In addition to those invested another 200 million for the renovation of 9 hotels by the chain of our brand new units. “ For the financial results of 2013 said: It was a very good year. Our turnover rose over 10%. We had the advantage of reduced costs because decreased salaries and social security contribu-tions and all this allowed us to have a big profit. Our turnover amounted to approximately 150 million euro compared to 133 in 2012. Correspondingly, the gross profits across the group amounted to approximately 60 million euro.

Konstantinos Mitsis

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Contact details64B Kifisias Ave., 151 25 Maroussi, Attica, GreeceTel. +30 210 72 80 300Fax.+30 210 72 58 217Website: http://www.grecotel.com/ Email: [email protected]

N. Daskalantonakis Group

30 years of greek hospitality

Thirty years since its formation, the N. Daskalantonakis Group today represents for the most dynamic and fast growing groups in Greece. Over 3,500 personnel are employed in the N. Daskalantonakis Group, making it the most sig-nificant employer in the Greek hospitality sector.Recognized as the market leader in the hotel sector with brands including Grecotel Resorts & Classical Hotels, the Group has successfully expanded to include 36 properties in Greece.THE COMPANYGrecotel Grecotel is the most widely known of the N. Daskalantonakis Group companies and was the founding company of the Group. TUI Hotels & Resorts is a 50% shareholder in Grecotel which was founded in 1981 as a resort hotel management company. Within a matter of years it had become established as the leading, quality hotel brand and expansion ensued to the major tourism destinations in Greece.Grecotel manages 22 luxury & 4-star resort hotels in Crete, Corfu, Mykonos, Attica, Kos, Rhodes, Peloponnese and Halkidiki. Grecotel has been awarded over 1.500 international awards by guests, tourism organisations, tour operators and international associations for the quality of its hotels, upgrading of the Greek tourism product and for initiatives in the environmental and cultural field.The resort hotel group continues to expand in all sectors of the market. The exclusive hotels, including a Leading Hotel of the World, meet the highest standards of the international travel-ler; the luxury classic hotels are recognized for high quality service and facilities whilst the all-inclusive product at some hotels appeals to families.Continual innovation, product development, standard and quality control ensure the contin-ued growth of the Grecotel which has 4.850 rooms and 10.750 beds (9/2011).Classical Vacation Club The Classical Vacation Club opens a new world to the frequent traveller. Holidaymakers can join the Club and exchange their membership for stays at selected hotels in the N. Daskalan-tonakis Group.YabanakiYabanaki, Is one of the most organized and modern beach parks in the Attica region. Spread over an area of 10,000 m², visitors find everything from restaurants and sports to private beach cabins.The Ouzeri, restaurant and bars serve over 3,000 persons daily (summer months). Yabanaki Beach has been host to some of the most celebrated events in Attica. Its three pri-vate areas for wedding receptions, business and private events cater for up to 4,500 persons.

Nikos Daskalantonakis

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Contact details262 Kifissias Avenue, 145 62, Kifissia, AtticaTel.: +30 2106230400Fax: +30 2108017451Website: http://www.aldemar-resorts.gr/EN/Home/

The hotelsLimenas Hersonissou, Crete Aldemar Royal Mare *****Aldemar Knossos Royal *****Aldemar Royal Villas *****Aldemar Cretan Village ****Kallithea, Rhodes Aldemar Paradise Mare *****Aldemar Paradise Village *****Skafidia, West PeloponneseAldemar Olympian Village *****Aldemar Royal Olympian *****

THALASSO SPA CENTERSCreteRoyal Mare Thalasso Olympia, Peloponnese Royal Olympian Spa & Thalasso

Aldemar Group

Assuring guest satisfaction

Aldemar is one of the leading hotel chains in Greece with a total 5,500-bed capacity and 1,800 employees. Through the selection of strategic destinations for its hotels, the design and con-struction of new hotel units, complete refurbishment of newly acquired units, as well as the provision of superb services, Aldemar has a most dynamic presence in the hospitality field.They are dedicated to their guest’s pleasure, as simple as that. It’s something they never forget and reflects their philosophy about hospitality. As one of the most respected and popular lei-sure operators in Greece, the award winning Aldemar brand has become a byword for luxury, service and attention to detail. Their eight deluxe and first-class hotels are located across Crete, Rhodes and Olympia. Aldemar also offer four state-of-the-art conference centres and two ac-claimed Thalasso Spa Centres.Aldemar founded in 1977 by Nicolaos Aggelopoulos, almost 8 years later the first hotel unit of the company, Aldemar Cretan Village, was designed and constructed on a 60,000-sq.m. property at Limenas Hersonissou, Crete. Some years later, in 1991, Aldemar Knossos Royal Vil-lage, the second hotel unit was constructed on an 85,000-sq.m. property at the same region. In 1992, Knossos Royal Village Conference Centre, a conference facility that caters up to 900 people, was completed on the grounds of Knossos Royal Village. Construction of 49 luxurious villas on the hotel premises. Their investments keeps on, and they construct Aldemar Royal Mare Village, a deluxe hotel unit, and Aldemar Royal Mare Thalasso, the first Thalasso spa centre in Greece, completed both on a 96,000-sq.m. property adjacent to Aldemar Cretan Vil-lage, in June 1997 which were inaugurated by , at that time, the Minister of Development Ms. V. Papandreou. In May 1999, a refurbishment project at the newly acquired Paradise Beach & Paradise Village in Kallithea, Rhodes is completed. The two fully renovated first-class hotel units welcome their first guests under the new names Aldemar Paradise Royal Mare and Aldemar Paradise Village. Within a nine months’ period takes place the complete design and refurbish-ment of the newly acquired unit (formerly, Miramare) on a 740,000-sq.m. property at Skafidia, West Peloponnese. Under a new name, the first-class hotel Aldemar Olympian Village wel-comes its first guests in May 1999.

Alexandros Aggelopoulos

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Contact detailsTrainton Ave., Ixia P.O. BOX 121, 85 100 Rodos GreeceTel: +30 22410 25222FAX: +30 22410 25350Website: http://www.rodos-palace.com/

RODOS PALACE

LUXURY CONVENTION RESORTSet on a singular location on one of the most alluring destinations of the Mediterranean, the Rodos Palace constitutes the finest deluxe resort complex on the island of Rhodes. The complex, comprising of the Main Tower with the adjacent Executive Wing and a flock of comfortable apartments and bungalows, lies in 30 acres of extensively landscaped gardens, in the middle of Ialyssos bay overlooking the Aegean Sea. Perfectly positioned on a cool hillside rolling down to an extensive beach, just 5minutes away from the city of Rhodes and the unique Medieval Town, it provides proximity to (and refuge from) the cosmopolitan town with the pulsing nightlife.Designed in a trendsetting style blending luxury with space and freedom, this classy hotel com-bines refined accommodation standards with an exceptional array of resort facilities.The vast marble lobby and reception area decorated with wood, mosaics and sumptuous fur-nishings exudes an air of relaxed elegance identical to a warm greek welcome.An eclectic mix of 8 specialty restaurants and 8 refined bars present their guests to a great choice of dining and entertainment options ranging from a cool cocktail at the Yacht Bar to an exquisite dinner at La Rotisserie gourmet restaurant. Leisure days can be spent around the in-door or the 3 outdoor refreshing pools, while shoppers may choose among the hotel’s exclusive jewelery store, tailoring and designer clothes’ boutique, a giftshop, an art gallery, a newsstand, while the arcade also includes hairdressing salon, pharmacy, bank and car rental desk. Excur-sions and sightseeing tours render the hotel a great launching pad from which to explore the myths, monuments and natural beauty of the legendary island of the Knights. And, above all a team of friendly and experienced people provide professional service in a working environ-ment of a family enterprise.The V I P concept has been created to present discerning travellers to a range of suberb facili-ties and exclusive benefits that further enhance the hotel’s experience. Developed around the Executive rooms and Suites of the property, it combines superior accommodations, dedicated facilities and privileged services, rendering the Rodos Palace a foremost address for business and pleasure. A “hotel within a hotel”, the autonomous Executive VIP Wing comprising of 180 exquisitely appointed guestrooms has been designed to blend stylish décor of smooth colors and sumptuous furnishings featuring a walnut executive desk and leather Chesterfield sofa, with the essential convenience of state-of-theart equipment. Also, the Rodos Palace International Convention Center consists one of the largest purpose-built conference centers in the Mediterranean region and the country’s most talked about and vibrant meeting venue, with over 500 conferences and numerous exhibitions held in its premis-es and attended by Heads of State, Nobel Laureates, innovative businessmen, renowned artists and scientists. Having been selected as the official venue for the European Union Summit and the Western European Union Council of Ministers, the Rodos Palace is identified as a prominent choice for rewarding conferences and incentives. With a total combined capacity of 4000 del-egates in 20, ergonomically designed multi-use halls, ranging in size from 20-1300 persons, the Center can support events of varying size and complexity, from a small board meeting to a large association congress.

Vasilis Kampourakis

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Contact detailsVrahati, Corinthos, 200 06Tel:+30 27410 52010Fax:+30 27410 51166Website: www.alkyonhotel.gr

Alkyon Resort Hotel & Spa

The opportunity to experience the pleasures of all seasons

Alkyon Resort Hotel & Spa presents the opportunity to experience the pleasures of all seasons, ideally located one hour from Athens, close to mountainous Corinth and 80 meters from the Corinthian bay. The Resort expands over 23 acres of land with 3 acres of palm trees and poplars, offering a range of recreational activities. With luxurious and beautifully presented accommodation, the hotel consists of rooms that vary from standard to deluxe with fireplaces and Jacuzzi, as well as cozy maisonnettes and spacious apartments with fully equipped kitchenettes. The beauty and luxury of the environment are essential factors for our health as they stimulate both body and mind. New modern ‘Sky lounge’ with comfortable sitting rooms, the ‘Sky Bar’, the ‘Sky Bar Restaurant’ and the 2 outdoor swimming pools with the combination of our excel-lent services are ready to offer you unforgettable enjoyment and delight. 2 Conference rooms with a capacity of up to 1100 people with natural light and the latest audiovisual equipment as well as meeting rooms for 10- 30 people with modern facilities and advanced services, guarantee successful conferences, exhibitions, meetings, gala dinners or social events.Escape to the ALKYON SPA CENTER and enjoy the innovative approach to well being. Select through a variety of treatments and massages for a unique experience in relaxation and res-toration. The luxury environment of Spa Center offers a heated indoor swimming pool, a 6 pax Jacuzzi, 2 saunas, Turkish bath, hammam, spa jet, gym, coiffure, cabins for facial and body treatments and lounge area. Take advantage of the wine-tasting at the regional wine factories, horse riding and the impres-sive wooden Corinth Canal crossing. Your stay will be enhanced by history, luxury and culture as the hotel is close to the ancient sites of Corinth, Epidaurus, Mycenae and picturesque Fe-neos, as well as the artificial lake of Doxa and Trikala.

Giorgos Politis

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Contact detailsKalathos, Lindos, Rodos, 85 102Tel.: +30 22440 31601 Fax: +30 22440 31600 Website: http://www.atrium.gr/ E-mail: [email protected]

Atrium Palace Thalasso Spa Resort & Villas, Lindos, Rhodes

Offering luxury accommodation with Spa wellness

Visitors to Rhodes, Greece who wish to be accommodated in a high-class 5 star luxury hotel with fine services and exclusive amenities are welcomed in the quality awarded Atrium Palace Thalasso Spa Resort & Villas in Kalathos Bay, Lindos. Situated in the tranquil bay of Kalathos Village, close to the picturesque village of Lindos, Rhodes this architecturally innovative 5 star luxury hotel combines luxury with its delightful blend of classical Greek and Italian styles. The architecture of the hotel resort is an expression of the distinctive blend of the island’s historical trends derived from the passing of centuries and civilizations. The 5 star luxury resort in the area of Lindos, on the Dodecanese island of Rhodes offers double rooms, junior suites and suites. Each luxuriously decorated and spacious guest room is situated graciously amongst a haven of inner courtyards and bridges. From every vantage point, the views of the Mediterranean Sea are simply breathtaking. Covering a space of over 2000sqm, in Kalathos bay near Lindos, the state of the art AnaGenesis Thalasso Spa Centre is unique and specially designed for absolute rejuvenation and relaxation. Escape into the idyllic world of The Atrium Palace, one of the most elegant resort hotels on the island of Rhodes, Greece with its stunning rooms, villas and AnaGenesis Thalasso Spa, a step away from the waters of the Mediterranean Sea. This nice location of luxury, romance, af-fluent accommodation, Thalasso Spa wellness, Thematic Restaurants, privacy and tailor made services is the beginning. Rhodes Island is your next cosmopolitan destination and the Atrium Palace your selection amongst resorts.

Konstantinos Konstantinidis

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Contact detailsKiotari Southern Rhodes 85109, Rhodes Greece Tel.:+302244047102 Fax:+302244047267 E-mail: [email protected]

Hatzilazarou Group

One of the most promising hotel groups in the Greek Tourist industry

Hatzilazarou Group of hotels consists of 3 luxurious hotel resorts in the southern part of Rhodes. Lindos Princess Beach Hotel , Rodos Princess and Princess Sun. Hatzilazarou Group - one of the most promising hotel groups in the Greek Tourist industry, while for the Spa Well-ness Center facilities, in Lindos Princess hotel, it acquired Afrodite Spa-Salon-Fitness. Situated in an ideal place in front of its private beach with crystal blue water and majestic beautiful Greek mountains in the background, Lindos Princess Beach Hotel is the perfect all in-clusive resort choice for summer holidays in Rhodes. This family beach hotel is built in a taste-fully modern design reflecting Greek Traditional architecture and is spread over a generous surface that features all the facilities and comforts, offered by an all inclusive resort, needed for a complete rejuvenation. It has in total 584 rooms and 20 luxurious suites. Rodos Princess Beach Hotel is the first hotel of its scale that was ever built in the south region of Rhodes. Capturing the most stunning location of Kiotari and overlooking the picturesque beach of Lagouni Bay this all inclusive family hotel has accommodated guests from all over the world, many of whom come back every year to enjoy the majestic landscape, the lively at-mosphere and the hospitality of our staff. Rodos Princess Beach Hotel is a modern four star all inclusive beach hotel, ideal for couples and families that offers plenty of outdoor pools; some of which feature water slides, restaurants, bars, a lively animation team that makes sure to pro-vide quality activities and shows for our guests and a general friendly and relaxing atmosphere that guaranties a memorable and stress-free holiday in Rhodes. This all inclusive family hotel is located in a quiet area and within a 20 minutes’ drive it offers plenty of beaches and the tradi-tional Greek village of Lindos with its famous ancient acropolis. It has in total 356 rooms.Situated on a small hill with charming Greek mountain landscape in south Rhodes, the all-in-clusive Princess Sun Hotel offers a panoramic sea view over beautiful Kiotari bay. With plenty of swimming pools, water slides, activities and newly refurbished rooms, this family beach hotel provides a friendly and welcoming atmosphere. The Four Star All Inclusive Hotel features fan-tastic facilities and excellent settings for both children and adults to enjoy a relaxing holiday in south Rhodes. Some of the services you can expect are tempting food and drinks available all day long, daily maid service, evening entertainment and kids Club. As a genuine all-inclusive beach hotel, beach facilities are in close reach, so our free shuttle buses go to the hotel’s beach (800 meters distance) every 30 minutes where you can enjoy crystal clear blue water, water sports and of course our all-inclusive beach Restaurant and Bar. Princess Sun Hotel is a smart choice if you are looking for great value for your holidays in south Rhodes. Princess Sun has in total of 195 rooms. Princess Sun Hotel is a proud member of H Hotels Collection.

Ioannis Chatzilazarou

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Contact details5 Pentelis St.17564, Athens, GreeceTel.: +30 210 9490200Fax: +30 210 9490022email: [email protected]:www.costanavarino.com

TEMES S.A.

Developers of Costa Navarino

TEMES S.A. is a premier developer of luxury, mixed-use resorts. Through Costa Navarino, its flag-ship development in the region of Messinia, southwest Peloponnese, TEMES contributes to the establishment of Messinia as a world-class, high-end destination.Costa Navarino is the prime, sustainable destination in the Mediterranean. One of the most unspoiled and breathtaking seaside landscapes, this area has been shaped by 4,500 years of history. The Costa Navarino philosophy is driven by a genuine desire to promote Messinia, while protecting and preserving its natural beauty and heritage, which is why the building footprint at Costa Navarino will be less than 10% of the total land area.Costa Navarino comprises a number of distinct sites featuring 5-star deluxe hotels, luxury resi-dences, conference facilities, spa and thalassotherapy centers, signature golf courses, as well as a wide range of year-round activities for adults and children which are unique in the Mediter-ranean.Extending over 130 hectares of gently sloping hillside, the first resort site Navarino Dunes is a stunningly beautiful west-facing location. Richly endowed by nature, the site overlooks a mag-nificent sandy beach that stretches for over 1 km, washed by the warm clear blue waters of the Ionian Sea. It is home to two luxury 5-star hotels, The Romanos, a Luxury Collection Resort and The Westin Resort Costa Navarino; The Dunes Course – the first signature golf course in Greece- Anazoe Spa, a 4,000sq.m. spa & thalassotherapy centre; the state-of-the-art conference centre House of Events; specially designed facilities for children; as well as a variety of gastronomy venues, sports, outdoor and cultural activities. The second resort site Navarino Bay (140 hectares), will open in the near future. It is already home to the signature golf course, The Bay Course. Stretching along a magnificent 2 km sea-front that affords breathtaking views of the Bay of Navarino, particularly at sunset, it is a place of outstanding natural beauty and enormous historical importance.Costa Navarino’s next development phase features Navarino Residences, a range of luxury free-hold private properties, which will be situated within the award-winning Navarino Dunes resort. Further distinct areas will be developed in the future: Navarino Beach, Navarino Hills and Nava-rino Blue. Sustainable development Costa Navarino adheres to strict environmental protection guidelines and management prin-ciples, recognizing the significant contribution of a pristine natural environment to the devel-opment of a sustainable tourism product. The environmental management system of Costa Navarino covers all aspects of environmental protection by applying sustainable water and energy management practices, integrated solid & liquid waste management with an extensive recycling program and a number of environmental programs for the preservation of biodiver-sity and the protection of ecologically important habitats in the vicinity of Costa Navarino.

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Contact details5 Ermou, 105 63 Athens, AtticaTel: +30 2103370047FAX: +30 2103220310Website: http://www.electrahotels.gr/el

Electra Hotels & Resorts

Increase in turnover by 20% for 2013

The Greek group of Electra Hotels & Resorts contains 4 hotels, The Electra Palace in Athens (Plaka), The Electra in Syntagma square, The Electra Palace in Thessaloniki and The Electra Pal-ace in Rhodes. All the hotels of the chain, “ELECTRA PALACE HOTEL ATHENS” (5*) was named after Electra, the character of ancient Greek theatre and literature who became a symbol for her love to her father. “ELECTRA PALACE HOTEL ATHENS” is located in Plaka, in the heart of the old town of Athens, only a few minutes away from the Acropolis and the Parthenon the new Museum of Acropolis, the representative ancient theatre of Dionysus, Herodion Theatre and from a number of important sights of the city. Also, it is located inside the commercial and business district, one can have a walk for shopping, coffee or entertainment, any time of the day. Ac-cess to the hotel from the Eleftherios Venizelos international airport or the port of Piraeus is easy, even with public transport. “ELECTRA PALACE HOTEL ATHENS” was recently expanded, refurbished and fully renovated to reflect the high-class and subtle aesthetics of the old aris-tocratic neighborhood which make it stand out among other hotels in Athens. It operates 102 standard rooms 33 of which offer a great view to the Acropolis, 9 Junior Suites, 10 Suites and 1 Presidential Suite.ELECTRA PALACE HOTEL (5*) in Thessaloniki, having undergone a complete renovation re-cently, is now fully equipped according to the latest international specifications. The hotel was awarded the “Silver Morpheus” as a best city hotel (Philoxenia 2008). The hotel’s unique architectural style towers over Aristotelous Square – which is Thessaloniki’s financial, cultural and commercial hub – a reference to the city’s rich byzantine history. It is located very near the most significant sights and monuments of Thessaloniki, just 300m from the White Tower and 800m from the Archaeological and Byzantine Museum, 1 km from the railway station, 15 km from the “Macedonia” international airport and a short distance from the city’s large exhibition center. ELECTRA PALACE HOTEL in Thessaloniki offers 130 rooms, 4 Junior Suites, 2 Superior Suites and 2 Executive Suites, all decorated in the neoclassical style. All Superior and Executive sea view rooms, as well as the suites offer a view to Aristotelous Square and the sea. The hotel offers non-smoking rooms as well as 2 totally non-smoking floors.Built in 1974, and renovated in 2007, in an art deco style, the Electra Palace in Rhodes reflects the island’s Italian tradition. It is located on the west side of the island, on coast of Ialyssos, right next to the sea, near the traditional village Triantes and consists of two buildings. The ho-tel operates as a high standards Mediterranean resort hotel. The hotel offers three restaurants and three bars with a view to the sea and the swimming pool, a library, a conference hall and banquet hall with a capacity of 200 persons, sports facilities and, naturally, a beach with com-fortable deck-chairs

Gerasimos Fokas

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Contact details1 Vasileos Georgiou A’ str Athens, 105 64 Tel: +30 210 3330000 Fax: +30 210 3228034 Website: http://www.grandebretagne.gr/

Grande Bretagne

One of the most istorical hotels of Athens

With breathtaking views of the famed Acropolis and Parthenon, regal Constitution Square and the Parliament, lush Lycabettus Hill or the original Olympic Stadium, the multi-awarded 5 star Hotel Grande Bretagne offers an unrivalled perspective of Athens’ mythical history.The lavish rooms are appointed with the finest furnishings. The marble bathrooms feature a vanity counter, separate bathtub, and shower. Some rooms have balconies facing the Acropo-lis, and the daily changing of the guard at the parliament building.The historic GB Corner is recognized as one the capital’s famous hotspots. From Grande Bretagne’s rooftop you can see the original Olympic Stadium as you dive into the pool; the Acropolis from your barstool; the Parthenon as you sample the finest Mediterranean cuisine.The Grande Bretagne Spa offers a thermal suite, complete with herbal bath, grotto, ice foun-tain, couples retreat and indoor pool. Guests can indulge in ouzo oil massages. From private dining parties at The Cellar, to VIP airport transfer, the legendary Grande Bretagne prides itself on its service.Luminous & Inspired Hotel RoomsNot only do our interiors pay homage to our celebrated Greek culture with intricate moldings and classic décor, but each of the 320 hotel rooms and suites at the Hotel Grande Bretagne of-fers enchanting views of our courtyard or a spellbinding panorama of our city’s timeless land-marks.A Taste of Athenian AdventureEscape to the GB Spa Athens for an Ouzo Oil Massage or an indulgent respite in the Thermal Suite. Then venture up to the GB Roof Garden Restaurant & Bar for champagne as the sun sets behind the Acropolis - or down to The Cellar for a tasting of its 3,000 bottles of wine from the exquisite collection of the Hotel Grande Bretagne in Athens.Meetings & EventsThe ultimate choice for sophisticated business meetings and lavish social events in Athens, the hotel is offering state-of-the-art equipment & facilities, delicious cuisine & tailored services, to cover most demanding needs.Within over 1,100 square meters of refined function space, select amongst rick silk curtains & majestic chandeliers, vivid colored carpeting or gorgeous vitro-ceiling, antique wooden board-room tables and leather chairs to add an exquisite touch to your next private meeting or fairy tale celebration.

Tasos Ηomenidis

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Contact detailsElounda, 72053 Crete, P.O. Box 38 Tel: +30 28410 65500 Email: [email protected] Website: http://www.bluepalace.gr/

BLUE PALACE RESORT & SPA

Blue Palace, a luxury collection resort & spa, elounda

Nestled on the famed coast of Elounda on the island of Crete, our luxury beachfront resort offers emblematic views to the relics of Spinalonga Island. A luxury resort in Greece with ex-ceptional charm, architecture and style, Blue Palace Resort & Spa is the perfect hideaway to combine island luxe accommodations, authentic cuisine and a soothing retreat for the senses. We invite you to discover a most enchanting island in Greece.

An Engaging ExperienceEnter a place of absolute tranquility at the award-wining Elounda Spa situated on the beach. Blue Palace Resort and Spa is located right on one of the most serene private beaches on the island of Crete.Sail the coast of Elounda and around the Roman and Ottoman relics of Spinalonga island aboard our traditional caique, treat yourself to an authentic culinary experience or savor di-verse cuisines in each of the five restaurants at Blue Palace Resort & Spa.

Meetings, Events & WeddingsWhether you are hosting a meeting or event, Blue Palace offers 6 elegantly furnished meeting rooms and a range of reception venues combined with far reaching sea views and unrivaled surroundings.The Blue Palace Resort & Spa is the ultimate place to celebrate a momentous occasion. Let our Romance Department create a tailor-made wedding in one of our many breathtaking venues while our selection of extraordinary honeymoon services make newlyweds’ first days perfect.

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Contact detailsAgios Stefanos, 23070 Monemvasia, Lakonia, Greece Tel: +30 27320-66300 Fax: +30 27320-66116 Website: http://www.kinsternahotel.gr/ Email: [email protected]

KINSTERNA HOTEL & SPA MONEMVASIA

A place where the visitor “breathes” Venetian, Ottoman,Byzantine history

Staying at this place is not merely pleasant. Here, the visitor not only enjoys the services of a true five-star hotel, tucked away amid theParnonas Mountain slopes, rich in vegetation, with a magnificent viewof Monemvasia Castle and the vast Aegean Sea. The visitor also “breathes”, one could say, the turbulent history of Monemvasia, visualizing Venetians, Franks, Ottomans, Byzantines fighting man to man to conquer or reconquer this land, both blessed and strategi-cally important. The property’s oldest known owner is Ibrahim Bey – one of the local Ottoman chieftains who signed the treaty of surrender of Monemvasia to Greece in 1821 – while part of the building was inhabited until the ‘70s by the “Lady of Monemvasia”, Lina Kapitsini. Accord-ing to lore, the house of an Ottoman judge once existed here, as confirmed by the discovery of a small room without a full-size entrance that was used as a dungeon. Today, the “dungeon” with its five interlocked domed ceilings, stands as one of the hotel’s most exciting suites. The waves of history here are discerned by the structure’s fortified layout, a rectangular formation with an open end, shaped like the Greek letter π. An old cistern, featuring twenty pillars around its periphery, dominates the courtyard. A canon, probably dating back to the 13th century, once existed here for the property’s defense purposes, but, unfortunately, was stolen in 1982. Therefore, guests at this historic, stately place can not only expect to lose themselves in the perennial groves and vineyards spread over fourteen acres and maintained by water from the cistern. By staying at this lovingly restored, majestic property, they may also travel through centuries of history, amid an environment that blends its Byzantine, Ottoman, Venetian and modern Greek periods into one whole. Spirit of wine Besides preserving the inherent history, management of this grand establishment is also committed to the art of winemaking. Surely, there cannot be too many five-star hotels in a position to offer their own bottled wine, coming from their own vineyard. White and red wine, and a marvelous semi-dry rose, all made from local varieties, are there to be enjoyed at Kinsterna.

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Contact detailsPlatanias 73014 Chania, GreeceTel.: +30 28210 36500 Fax: +30 28210 36555 Website: http://www.minoapalace.gr/ Ε-mail: [email protected]

MINOA PALACE RESORT & SPA

Luxury and comfort meet here!

The luxury and comfort, combined with the aesthetic and beautiful environment providing really high quality accommodation and emotions many stars!MINOA PALACE RESORT & SPA is a luxury 5* beachside hotel, built within 35.000sqm. of main-tained gardens. It is situated in the cosmopolitan area of Platanias, 12km west of the pictur-esque town of Chania and only 30min drive from Chania International Airport.The hotel offers majestic views of its surrounding countryside and the White Mountains. To the north, the hotel enjoys panoramic views of the endless golden beach of Platanias with the shimmering sapphire blue Aegean beyond. With the extension of the hotel in 2008, guests have immediate access to the sandy beach, over the newly built aerial bridge, connecting the two hotel’s sections.Rooms and Suites designed with classical architectural lines, blend seamlessly luxury with authenticity. The rock and the wood are the dominating materials. The luscious gardens are perfectly combined with the spectacular view of the White Mountains and invite you to enjoy moments of peace & tranquility.The Imperial building is connected with the main building with an impressive aerial bridge. Our guests here, may enjoy rooms with direct sea view, rooms with private pool,as well as sen-sational suites on the water front.. The architecture of the building is modern and its decora-tion is minimal.The luxury and comfort, combined with the attention to the detail and the relaxed atmo-sphere, provide a holiday to remember for a lifetime!

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Contact detailsAyios Yiannis, 84600Mykonos GreeceTel: +30 22890 25555 Fax: +30 22890 25111Website: http://www.mykonosgrand.gr/ E-mail: [email protected]

MYKONOS GRAND HOTEL & RESORT

A luxury beach resort!

In harmony with its awesome setting rises Mykonos Grand. A luxury beach resort inspiration-ally conceived to capture the essence of surrounding natural wonders and host the most wel-come and appreciated guests with world class luxury.The Mykonos Grand Luxury Hotel & Suites offers the perfect setting for rare moments of ro-mance, adventure, and excitement…and memories to last a lifetime. The word itself brings a treasure of valuable elements into our minds - azure beaches, the charm of landscape, the harmony of architecture, the unique Aegean light and the kind hospi-tality of its inhabitants.Mykonos is found next to Delos, a sacred island that was one of the revered religious centers of the Greek World.The luxurious resort is located on the beach of Ayios Yiannis, where the movie Shirley Valentine was filmed, just 4,2 km from Mykonos Town with the shopping areas and the world known night life, 4,5 km from the airport and 4,6 km from the port. Just 50m from our hotel entrance you can find the local transportation for Mykonos Town or to Ornos Beach.Upon your arrival, we shall be glad to provide you with transportation service and ensure a warm welcome and a comfortable accommodation to our hotel.

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Contact detailsAlexandras Avenue 10, 10682 Athens, Attica GreeceTel.: +30 210 8894500 Fax: +30 210 8238420Website: www.rbathenspark.com E-mail: [email protected]

RADISSON BLU PARK HOTEL ATHENS

From 1/1/2012 and with new name the park hotel welcomed the upper scale world’s largest hotel chains

The Carlson Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, an-nounced the Radisson Blu Hotel, Athens: The existing Athens Park Hotel will has been rebrand-ed as Radisson Blu Park Hotel Athens on December 16, 2011. The property featuring 152 rooms is Rezidor’s very first hotel in Greece – the company is now present in Europe, Middle East and Africa. “Despite the recent crisis and still challenging times in Greece, hotels in the capital city Athens perform well. We are glad to arrive in Athens and to further strengthen our development in South East Europe”, said the President & CEO of Rezidor. Radisson Blu Park Hotel was fully renovated in 2009/2010, including most guestrooms and all public areas. Today, the property comprises 152 guest rooms, Gallo Nero restaurant, The Oak Room bar, St’Astra rooftop restaurant, and three conference rooms. It also features a rooftop swimming pool with stunning views across Athens and its famous Acropolis. The location of the hotel is in the northern part of the city centre, on Alexandras Avenue, which is one of the city’s main avenues and offers excellent access to the airport and surround-ing area. The hotel is situated opposite “Pedion Areos”, the Athens largest park, and next to the National Archaeological Museum. The immediate neighborhood was redeveloped for the 2004 Olympics and is home to many offices and embassies. Athens’ old centre, the Acropolis, numer-ous museums and Kolonaki Square are all within walking distance.

The owner’s statement Park Hotel is a leading deluxe hotel in Athens, operating for the last 37 years. The hotel has been through a major renovation during 2010 and is inspired by an urban nature concept with modern and innovative design throughout its premises. By joining the Radisson Blu family we look forward to a fruitful cooperation and future busi-ness development worldwide. Vassilis & Mary Deverikos

Carlson Rezidor Hotel GroupThe Carlson Rezidor Hotel Group is one of the world’s largest and most dynamic hotel com-panies. It has a fantastic portfolio of more than 1,340 hotels in operation and under develop-ment, a global footprint covering over 105 countries and territories and a powerful set of global brands: Quorvus Collection, Radisson Blu, Radisson, Radisson Red, Park Plaza, Park Inn by Radisson and Country Inns & Suites By Carlson.For more information on Rezidor, visit http://www.carlsonrezidor.com

Mari Deverikou

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Contact detailsAnisaras, 70014, Iraklion, Crete, GreeceTel: +30 2897029050Fax: +30 2897023587

SAPOUNAKIS PANTELIS “STAR BEACH” SA

Leading force in Crete’s tourism sector

Active in the tourism sector, the Sapounakis Pantelis company operates three hotels and a sea-side fun park, all on the island of Crete. Lyttos Beach Hotel, Hersonissos, Crete.The Sapounakis Pantelis company’s Lyttos Beach Hotel is located 20 kilometers from Crete’s Iraklion airport, at Hersonissos, a renowned holiday destination. The hotel complex is located amid an exquisite setting. Located just five kilometers from the town and nestled within a vast and colourful 150-acre garden of palm trees and flowers that leads to a 350-meter, fully-organized, sandy beach, the Lyttos Beach Hotel is a stand-out attrac-tion on the island. It features 347 rooms offering a view of the sea or garden (double rooms, quadruple rooms, family rooms and suites), four swimming pools, including a 50-meter pool, two restaurants, two bars, as well as 15 tennis courts, a mini football pitch, and a basketball court.Golfers can enjoy playing on the island’s most exciting 18-hole golf course, located five kilo-meters from the hotel complex. The golf course offers magnificent views of the multi-colored Cretan mountains. Overall, the Lyttos Beach complex could be likened to a mosaic created by sun, sea, sand, mountains, sports, fun, games, relaxation, fine International and Greek cuisine, and an extremely friendly atmosphere.Ikaros Beach Luxury Resort & SpaThe Sapounakis Pantelis company’s Ikaros Beach Luxury Resort & Spa is located on a private beach in Crete’s Malia area, close to several regional attractions, including Stalis Beach, the Ma-lia Palace, and Lyhnostatis. The Star Beach water park, another popular spot, is also located in the area. Highlights at the 249-room hotel include a fully equipped spa, indoor pool, and a children’s pool. All rooms are fully equipped with all modern features for a comfortable and relaxing stay. Star Beach VillageThe Sapounakis Pantelis company’s Star Beach Village, a 214-room hotel complex, is located in Hersonisssos. Offering direct access to the beach, the hotel, fully air-conditioned, is conve-niently located within close range of major regional attractions such as the Aquaworld Aquari-um and Stalis Beach. STAR BEACH WATER PARKThe Sapounakis Pantelis company’s Star Beach water park, one of Europe’s most renowned seaside fun-parks, has been developed amid a specially designed 4-acre space along one of the peninsula’s most beautiful spots. It is a great place to visit for the entire family. The Sapounakis Pantelis company posted positive financial results for 2013. Total turnover in-creased by 16.98% to reach 21.59 million euros. It led to a pretax profit of 3.89 million euros.

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Contact detailsMastichari, 85302Kos, Dodekanisa, GreeceTel: +30 22420 58800Fax: + 30 22420 59271Website: http://www.horizonbeachresort.gr/

HORIZON BEACH RESORT

Above all expectations Hotel in Kos!

Ideally located in front of one of the most beautiful sandy beaches of Kos, hotel, Horizon Beach Resort, offers an excellent level of ability to remain.Offering absolute elegance and true luxury, our hotel in Kos Horizon Beach Resort, is distin-guished for its friendly environment, its hospitality towards its guests and its high quality of service. Designed with high aesthetics standards, it provides a luxurious yet comfortable atmo-sphere and becomes a world of discreet sumptuousness, with a distinctive character, created especially for you. It is therefore the ideal destination for those who need to escape from the daily routine, either with friends or with their families.One of the most modern hotels in Kos, Horizon Beach offers an exceptional standard of accom-modation in 260 spacious rooms (some of them with connecting doors) and 64 family rooms, all carefully designed, tastefully decorated and furnished in a contemporary way which com-bines warmth, comfort and elegance. In the “Asclepios” main restaurant and the “Thalatta” tav-ern, our team of dedicated chefs offers a wide selection of both traditional and international gourmet cuisine, which our guests may enjoy in an elegant environment, with a magnificent view of the Aegean blue. The particular style and ambience of our main bar, and our “Oasis” snack-pool bars are ideal spots for rest and relaxation, over a wide choice of thirst quenching drinks, inspired cocktails and a variety of dry snacks.At Horizon Beach hotel in Kos, you may swim in the clear blue waters of the Aegean sea in an exceptional sandy beach, or enjoy our two large swimming pools (both with separate chil-dren’s pools), which are ideal for outdoor relaxation in the sun. Our sports facilities include beach volley & soccer, tennis, basketball and volleyball courts, a mini soccer (5x5), a fully equipped gym room, as well as a water sports station for windsurfing, kite surfing and cata-maran sailing. The animators of our hotel give their best self for your entertainment. During the day, you can participate in various sports activities (aerobics, beach volley, football, etc). At nights, they perform musical and dance shows, cabaret shows and a lot more. Moreover, par-ties and live Greek music nights are organized, where you can dance by the pool while reveling in refreshing cocktails.Combining total tranquility with action, Horizon Beach Resort is one of the top hotels in Kos that hosts your desires and turns your vacation into an unforgettable experience.

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Contact details6th Km. Kallitheas Avenue, 85100Rhodes, Greece Tel. +30 2241 068720Fax. +30 2241 068512Website: http://www.kalitheamare.gr/ email : [email protected]

Kallithea Mare Palace

On the island of Rhodes, let the journey begin…

A beach nearby, a fantastic pool scene, and postcard worthy views – this hotel ticks all the boxes. Overlooking a peacock-blue bay, this hotel serves up impressive views.Rhodes Town isn’t far away, either – it’s about a ten-minute drive. And when you want to ex-plore a little closer to home, the famous Baths of Kalithea are about 800m away. The “Kallithea Mare Palace” is made with unique taste, built on the top of the cape of Kalithea, overlooks the wonderful bay of Kalithea with spectacular views out to Aegean Sea and across the Rhodes town and the famous “Baths of Kalithea”. The Hotel is surrounded by beautiful gardens, witch makes it an ideal place to relay and enjoy your Holidays. The decoration has been carefully selected and combined to create a tranquil and restful ambiance. The hotel combines several elements of good architecture with styles of the Aegean, which provoke a sense of tradition and authenticity. The Kalithea Mare Palace has been built to provide our guests with every comfort for a restful or energetic holiday.

ACTIVE GREECE 2015SHIPPING

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ACTIVE GREECE 2015 - SHIPPING

Greek shipping industry vital for economic

activity

Greece’s shipping industry holds a leading place in the international market. Greek ship owners control over 4,065 cargo ships, approximately 3,760 of these being sea-going vessels, according to the IHS Fairplay World Shipping Encyclopedia. In terms of capacity, the fleet of Greek-owned ships leads the international shipping market with 184 tons (dwt), while Japan follows closely in second place. As is the case with most countries possessing sizeable fleets, the majority of Greek-owned ships are registered under foreign flags of convenience. Offering further proof of the local shipping industry’s power, 52 percent of listed shipping compa-nies trading at the NYSE and NASDAQ stock exchanges - the world’s two biggest bourses, in terms of capitalization levels - are Greek-owned.

Shipping industry’s contribution to the Greek economyGreek shipping activity directly contributed 8.4 billion euros of added value to the Greek national economy in 2009, or approximately 4 percent of GDP. Of this amount, 5.4 billion euros concerned company profits. The industry’s contribution to the na-tional economy is generated primarily by seagoing vessels as 93 percent of the total value of services provided by the industry concerns exports. According to Eurostat data, Greece’s shipping industry provides the greatest trade surplus of all the economy’s sectors. Net exports amounted to 12.7 billion euros in 2009 and 14.5 billion euros in 2010, while a 46.9 percent share of the balance of services surplus for 2011 stemmed from shipping activity revenues. Greece’s ship-ping industry is a high-productivity sector as, in terms of added value per person employed, the sector is ranked second in the Greek economy following property management. Also taking into account the range of related commercial activity indirectly gener-ated by the shipping industry significantly multiplies the sector’s total contribution to the Greek economy. The sector’s total input reached 13.3 billion euros in 2009, ap-proximately 6.1 percent of Greece’s GDP figure. Sectors that benefit indirectly from the shipping sector include storage, cargo handling, and travel agencies. The shipping industry’s contribution to the national economy is expected to play an even greater role in the years to come as a result of the considerable contraction of Greece’s GDP between 2009 and 2012. According to figures provided by Elstat, Greece’s official statistical authority, the ship-ping sector’s employment contribution was restricted to 34,000 persons in 2009. A considerable proportion of sector employees are foreign nationals, estimated at 42 percent for 2008 by Elstat. Even so, the shipping industry’s overall contribution, in terms of employment, including the entire chain of indirectly related jobs, repre-sented over 192,000 persons in 2009, according to IOBE, the Foundation for Eco-nomic & Industrial Research. The total income reaching households was estimated at 2.7 billion euros for the year. Greece’s shipping industry benefits from favorable taxation conditions compared to other sectors of the economy. A tonnage-based tax system is used in Greece, ac-cording to which, a specific tax rate is applied for every ton. The rate’s level for each case is determined by capacity and vessel age. Shipping company profits are not taxed. As a result of the sector’s internationalized nature, similarly favorable condi-tions are enforced by all EU member states with developed shipping industries. The transportation work of long-haul shipping takes place in international waters, often at major distances from company administrative headquarters. As a result, manage-ment activity can be easily transferred to countries offering more favorable taxation terms, assuming these alternative options offer appropriate technical and economic infrastructure as well as adequately trained personnel. As a result of the sector’s in-ternational nature, capacity-based taxation represents the dominant system, with minor variations, in European countries with an international shipping presence. Any sudden taxation system change for shipping companies without careful con-

Study by IOBE, the Foundation for Economic & Industrial Research, on the shipping sector’s contribution to the Greek economy.

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sideration of alternative systems offered by rival shipping nations could prompt a reduction of economic activity, jobs, even tax revenues generated by the sector, as a result of shipping company moves to other countries. Despite the lighter, more favorable tax terms offered to Greece’s shipping industry, it still generated over 790 million euros of direct and indirect tax revenues for the state in 2009. The Greek shipping sector’s potential contribution to the national economy is fore-cast to exceed 26 billion euros, or over 5.8 percent of GDP, an additional 12.7 bil-lion euros compared to current levels. The sector also has potential to create an additional half a million jobs, both directly and indirectly. A considerable propor-tion of extra jobs on vessels are expected to be covered by foreign nationals, unless Greece’s ongoing deep recession forces an increased number of Greek citizens to apply for unskilled labor positions on ships. The foreign-worker element does not mean that the sector’s employment growth potential will not make impact on the local economy. It is estimated that 86 percent of this growth potential will include professions offering related services such as storage, cargo handling, consulting, and legal work.

Policy proposalPolitical and economic stability is necessary if a wider plan aiming to attract foreign shipping industry offices to Greece, which would also generate indirect economic activity, is to be actualized. The country’s shipping policy needs to operate inde-pendently of the political cycle and succession of governments. A strategic growth plan for shipping, endorsed by all political parties and society as a whole, needs to be adopted. Among various matters of concern for the sector, a development plan for the wider area of port-city Piraeus, Greece’s largest port, as a maritime cluster with the objec-tive of transforming the area into an attractive and competitive international ship-ping location, is deemed as being absolutely necessary. Reinforcement of the ship-ping sector’s entrepreneurial ways also needs to be accompanied by investment for the creation of a pool of well-trained Greek sailors. Constructive policies possessing the potential to increase the sector’s contribution to the Greek national economy, based on systems already being successfully implemented by other shipping pow-ers, need to be closely examined and considered. The implementation of policies aiming to bolster shipping activity at a domestic scale needs to begin immediately. Setting and examining objectives within specific time frames is also a necessary step. Considering the required time that will be needed before wider adjustments in the economy can start having an effect, the first tangible benefits - in terms of added value and employment - to be created by attracting shipping business ventures to Greece may begin emerging by mid-2015. These would gradually acquire greater magnitude in the longer term. Support for robust entrepreneurship through a framework of strategic policies of-fering sustainable paths, free of obstacles, for business activity, which, subsequently, may foster the development of new services and business structures, will ultimately create significant growth potential for the shipping industry and all other sectors. If a course of action incorporating the aforementioned factors is taken, then the local business environment stands to become more competitive in the international mar-ket and draw foreign shipping companies, which would offer further growth poten-tial for the Greek economy as a whole. On the contrary, failure to establish a stable environment for shipping entrepreneurship would threaten to push an increasing number of Greek shipping companies towards seeking alternative operating bases in countries offering more favorable political and economic systems, which would affect Greek employment levels and GDP. Losers would also include sectors whose economic activity is directly and indirectly linked to the country’s shipping industry.

Study by IOBE, the Foundation for Economic & Industrial Research, on the shipping sector’s contribution to the Greek economy.

302


Contact detailsAchilleos 8 & Lambrou Katsoni,176 74, Kallithea, Athens, GREECETel: +30 210 9483750Fax: +30 210 9480023Email: [email protected]: http://www.marangas.com

JOHN Angelicoussis goes up one place this year as his group continues its expansion in virtual defiance of most of the fancier trends in the industry. Mr Angelicoussis’ experience of the public capital markets predated virtually all of today’s crop of listed shipping companies. He wrestled to make Anangel-American Shipholdings a success on Amex between 1987 and 2001 and since taking the compa-ny private has never pursued another listing. He is also known to dislike much of the influ-ence that private equity and hedge funds have wielded in shipping during the last few years, particularly in their impact on the or-der book. So far his group has been able to ignore fashionable funding alterna tives as financing is deemed one of the owner’s strengths. A strong relation ship with a number of lead-ing banks has often enabled him to secure financ ing ahead of other companies. While Mr Angelicoussis may appear to be in the classic mould of private shipowners and likes to keep away from the spotlight, he and the group are not entirely unwilling to en-gage in more exotic pursuits. Its Maran Nakilat joint venture with Qatari gas transporter Nakilat goes back to 2005 and has been one of the most active spots in the Greek owner’s empire. Initially formed

for the group’s first four steam turbine-driven liquefied natural gas carriers, three new LNG carriers were added in 2014, expanding the fleet to 11 vessels. The joint venture also obtained refinancing of $807m provided by Qatar Islamic Bank and Barwa Bank. Nakilat has increased its stake

place in Lloyd’s 100 list 2014

04th

John Angelicoussis

ASG

Financing is deemed one of this shipowner’s key strengths

303


to 40% but Mr Angelicoussis’ Maran Ventures retains majority control of the venture. One collaborator describes the owner as “willing to expand in new sectors provided that he maintains control of his assets.” That includes an aversion to using the services of third-party managers.

The joint venture vessels sit within an overall Maran Gas Maritime fleet of 11 LNG carriers on the water and a further 15 newbuildings under construction at Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries. The number is poised to grow as Maran has clinched an agreement with DSME to exchange two very large crude carrier newbuild ings, ordered earlier in 2014 by Ma-ran Tankers, for two more LNG carriers. Two VLCC options have also been traded in favour of LNG options. It is the second time that, in effect, the group has replaced VLCC contracts with LNG orders at the yard, having done a three-vessel swap in 2011. It shows the owner’s flexibility and decisiveness in the face of changing market signals. Remaining loyal to just two or three major builders is another trait seen as giving the owner the edge on obtaining better prices and coopera tion. The group has been fond recently of ordering an extra vessel or two in order to receive a better average price from the yard. Maran Gas Maritime, now well-es tablished as a blue-chip manager of LNG carriers, is expanding from a secure base as most of its vessels are long-term char tered, the majority of them to BG Group. It is understood that the company is eyeing at least a tranche of BG’s next round of chartering requirements.

304


Contact details40, Agiou Konstantinou Str., Maroussi 15124, Athens, GreeceTel: +30 2106178400Fax: +30 2106178378Email:Website: http://www.starbulk.com

COMEBACK stories always impress, either through how far their heroes fall in the first place, or else how steep the ascent is in the present. Petros Pappas’ story belongs to the latter category and is still on the upswing. Not long ago, Mr Pappas was quietly await-ing his chance to make a shipping market re-entry, while func tioning as chairman of Nasdaq-listed Star Bulk Carriers, then seen as a solid but perhaps slightly humdrum owner of a few capesizes and supramaxes. As chief executive of Star Bulk since last sum-mer, he is now at the helm of the biggest dry bulk outfit on Wall Street, and skippers a group that in all manages 139 vessels. “That’s a lot of vessels,” he says, before imme-diately adding that the intention is acquire more. “We believe in consolidation, provided you can manage the complexity. Bigger fleets enjoy cheaper prices for products and services, and better access to finance.” At the same time, Mr Pappas is the first to underline that the empire is being built with the help of other people’s money. Oaktree Capital Management is currently majority owner of 103-ship Star Bulk, with 57.4% of the company’s shares. The Pappas family and affiliates hold 9.3%, with Angelo, Gordon & Co and Monarch Alternative Capi-tal having stakes of 6.2% and 5.4% respec-tively.

Star Bulk, which in the past 12 months has absorbed the Pappas-Oaktree Oceanbulk bulker joint venture and an additional 34 bulkers from hedge-fund controlled Excel Maritime Carriers, has already been in talks about a further fleet merger but signs toward year’s end pointed to those prospects cool-ing for the time being. With valuations across the industry being in the doldrums, Mr Pappas is fully aware that this ramps up the difficulty of doing some deals. “If the price of the share is below net asset value, you can merge with compa nies as long as they don´t have dramatic funding

th place in Lloyd’s 100 list 2014

11th

Petros Pappas

Star Bulk

Star Bulk boss has the biggest dry bulk outfit on Wall Street, yet still eyes further expansion

305


gaps or other types of problem that would pull you down in the eyes of investors,˝ he says. “And investors are much more savvy than a few years ago. They know what to look at better than they ever did before.” At the moment, Mr Pappas sees prime merg-er candidates as smaller, family-controlled companies that “do not have an ego prob-lem” and want the advantages of being part of a bigger whole. The operational, technical and commercial platform exists to grow further and this extends beyond Star Bulk’s owned fleet, he

says. Outside the dry bulk sector, Mr Pappas is partnering Oaktree in a series of newbuilding containerships. Eight 10,000 teu vessels will be delivered from Hyundai Heavy Industries within 2015 and two 11,000 teu units will follow in 2016 from Hanjin Heavy Industries’ yard in the Philippines. Another joint venture, Product Shipping & Trading (PST Tankers), has a fleet of 17 prod-uct tankers. Both ventures “potentially” could be taken public in 2015. He is also a participant in Madison Crude Car-riers, a venture believed to involve Monarch, that has ordered two very large crude carri-ers at HHI for 2016. “Shipowners are used to taking quick deci-sions but things are moving very fast in ship-ping now. It’s nothing like 30 years ago,” he says. According to Mr Pappas, the dynamic expan-sion has kept the group’s offices “focused and excited”. Does he feel pressure? “My workload has tripled,” he tells Lloyd’s List. “But I am always mentally relaxed as long as I think we are doing the right thing. ˝Although some friends in shipping might disagree, I think that going public and going with funds gives you an advan tage over the competition, provided you manage the situ-ation correctly.˝

306


Contact detailsPiraeus, Greece, 85, Akti Miaouli St.Piraeus 185 38, GreeceTel: +30 210 417-2050Fax: +30 210 417-2070Email:Website: http://www.navios.com

IF ANGELIKI Frangou slips a few places this year, that stems more from the restless churn of a global industry and the volatility of mar-ket perception than any shortfall on the part of her Navios Group. As a scion of a Chiot shipping family, Ms Frangou has demonstrated an innate grasp of shipping cycles that has helped bring her group to its current, dizzying peak. But she is also reputed to be deliberate and methodi-cal in planning the next stages of growth, backed up by a powerful in-house risk man-agement team. For activity, perhaps the past 12 months or so have not rivalled calendar 2013, when about 50 ships were added to her empire. But quarter by quarter, all the companies in the group have reported new transactions, enhancing their position. Most eye-catchingly, tanker arm Navios Acquisition has now launched Navios Mid-stream Partners, initially to acquire and own four of its very large crude carriers. The initial offering of units priced lower than anticipated in a market that has been gener-ally unkind to shipping stocks. But Ms Fran-gou has already said the move made sense and is being looked at as a yield vehicle for

the long run. She now reigns supreme as the only ship-owner acting as both chairman and chief executive of four publicly listed shipping companies. Navios Group controls 149 dry bulk carriers, 50 tankers and 12 container vessels. That does not count Navios South American Logistics, in which the group holds a 63.8% stake. The logistics business, which is destined to eventually become a five stock exchange-


15th

Angeliki Frangou

Navios Group

Deliberate and methodi-cal, the head of the Navios operations has been busy expanding her empire, one way or another

307


listed entity, includes a bulk terminal in Uru-guay and a fuel terminal in Paraguay. It holds a $1bn 20-year port service contract with Vale that is anticipated to generate at least $35m yearly in operating profits. The South American operation also includes barge and pushboat convoys in the Hidrovia region, with a fleet numbering more than 360 units for both wet and dry commodities, oil and LPG. In addition, Navios is active in the Argentine coastal cabotage trade, with six product tankers and it holds Brazilian cabotage con-

tracts for another six tankers. Navios’ origins lay in dry bulk and this was where its development was concentrated in the early years of Ms Frangou’s decade of stewardship. It continues investing in its prime sector, as underlined by the recent acquisition of another capesize for Navios Holdings. But it is fascinating to watch how the group continually finds ways to increase its upside potential while working hard to protect its downside, a favourite mantra of Ms Fran-gou’s. In the past 12 months, she has shown an increased appetite for contain erships and for very large crude carriers, and there is every sign that there is more to come. The group’s impressive heft and scope are cited as directly contribut ing to profitability, not least through enabling it to continually improve competitiveness by virtue of its in-house capabilities and economies of scale. According to Navios, it beats the industry averages for daily operating expenses in all sectors — ranging from a claimed 10% ad-vantage in managing its VLCCs up to a stag-gering 32% opex margin for Navios Holdings’ bulkers.

308


DryShips

Hard-working entrepreneur has been busy battling adverse markets to come up with funding solutions

GEORGE Economou stepped up to the plate in November to inject $80m of his own funds into Nasdaq-listed DryShips as part of a $350m equity fundraiser that removed any lingering doubts about the dry bulk and tanker compa ny’s ability to refinance its convertible bond, ma-turing December 1. For good measure, the company was also able to summon up a $120m loan from offshore drill-ing subsidiary Ocean Rig, where Mr Economou — for the time being — is also chairman and chief executive. These are facts that hint at the optionality that the hard-working Mr Economou has at his dis-posal, even when he is playing a mainly defensive game, as was the case again in 2014. He drops in our rankings because much of his energy in the latter part of the year was used up on battling adverse markets to come up with fund ing solutions but also because we suspect it’s our window of opportunity to do so before he starts making head lines again for other rea-sons. Within 2015, the Greece-based entrepreneur is aiming to separate his public dry bulk, tanker and offshore drilling operations into three clearly defined businesses. The plan includes launching an initial public offering for the newly-formed tanker company. He is also eyeing expanding the separated dry bulk and tanker busi nesses by consolidating them with about 60 tankers and bulkers from his private Cardiff Marine empire. If there is help from the market, it is likely to come from the tanker side, where the public and private entities control a total of 40 vessels. As far as dry bulk is concerned, Mr Economou has an impressive record of calling the market in recent years. But, as straightforwardly as ever, he admits that “for the first time” he got it wrong in 2014, by twice expecting periods of significantly better rates as those delivered by the mar-ket. He also expects the offshore drill ing sector to “suffer for a while”, but Ocean Rig has built up a healthy back log of contracted revenues that will position it well to navigate any rough period. His group is also involved in the liquefied natural gas sector, with five carriers, and is believed to be looking at more. In his own words, Mr Economou is “a guy that has vision but this is al-ways kept in relation to reality. “In business, you have to sell — but only a little. If you oversell, you become a fool. I’m never going to be a guy who oversells,” he tells Lloyd’s List. ‘I’m not putting on a show. I have no axe to grind. I don’t have to prove anything to anybody. I just want to beat everyone out there - in terms of perfor mance”.


16

George Economou

Contact details80 Kifissias Avenue, Marousi, Athens - 15125 GreeceTel: + 30 2108090570Email: [email protected]: http://www.dryships.com

309


EURONAV

Livanos has emerged as a key mover in LNG shipping

PETER G. Livanos has a rich pedigree in shipping but is emerging as even more of a key mover in liquefied natural gas shipping and the big tanker sector. He is chairman of New York Stock Exchange-listed GasLog, which he controls, and in August became chair man of NYSE-aspirant Euronav, in which his Tanklog Holdings is the larg est share-holder. At Euronav he swapped places with longstanding chairman Marc Saverys who is now deputy chairman, the logic apparently being to give Mr Livanos, who successfully took GasLog public in 2012, a more prominent role in bringing the company to the market. The Belgian tanker company purchased 19 very large crude carri ers from Maersk Tankers during 2014, establishing itself in the top five VLCC owners worldwide. Overall it now has 53 tankers and is seen as having the scale desired by the capital markets for backing a play on the crude tanker recovery. Euronav has already shown its power in marshalling the finance for its expansion through bringing in invest ment funds as well as lining up tradi tional bank loans. The planned IPO in October was postponed due to discour aging capital market conditions but it is expected to go ahead as soon as there is a window of opportunity. The last year has also been a busy one for GasLog which acquired six LNG carriers from BG Group which is char tering them back for periods averaging six years in duration. GasLog also launched a master limited partnership and the spin-off has acquired five vessels from its spon sor. Meanwhile GasLog has a fleet of 10 LNG carriers on the water and, after or-ders for two more 174,000 cu m ships at Samsung Heavy Industry, there are 10 under construc-tion. According to the company’s recently unveiled vision, GasLog is determined to grow its fleet to at least 40 LNG vessels by 2017 as demand for LNG transport continues growing, a subject on which the company is bull ish. Some analysts are actually expect ing the Monaco-based owner to exceed that rate of expansion. GasLog has been sounding very confident about short-term acquisition opportunities and about the uplift it might be able to get from the shorter-term charter market, even though its policy is to lock in most of the fleet under longer time charters. Mr Livanos is also engaged in dry bulk shipping through DryLog Ltd which controls a number of bulkers as well as operating the C Transport panamax and cape pools. 2014 was an exciting year for the shipowner and his ascent is likely to continue during the next 12 months.

st place in Lloyd’s 100 list 2014

21

Peter G. Livanos

Contact details69 Akti Miaouli Piraeus GR 18537 - Greece Tel: +30 210 4558 000 Fax: +30 210 4558 010 Email: [email protected]: http://www.euronav.com

310


Dynagas

2014 was all about stability for one of Greece’s most expansion-minded shipowners

GEORGE Prokopiou has long been one of Greece’s most expansion-minded ship owners but 2014 was all about stability. Hence Mr Prokopiou stays more or less steady in our rankings. Dyngas Partners, the one-year-old master limited partnership that is listed on Nasdaq, has grown as expected with drop-downs from Mr Prokopiou’s privately-held liquefied natural gas carrier fleet. The public vehicle has added two modern LNG carriers to its initial fleet of three and it holds options to acquire the remaining five newbuildings belonging to the group. So far it has comfortably raised funds in the capital markets to pursue its expan sion plans and has kept investors satisfied with increased distributions warranted by the growth of the fleet. Mr Prokopiou is known to be eyeing more investments in the LNG shipping sector. Four out of the five LNG carriers in the Dynagas Partners’ fleet are ice-class certified and it can claim to be currently the only LNG shipping company equipped to transit the Northern Sea Route. In addition to his group’s LNG focus, Mr Prokopiou controls a powerful fleet of tankers and bulk carriers, respectively under the aegis of Dynacom and Sea Traders. Each boasts one of the most modern fleets in its sector, after a 64-vessel newbuilding pro-gramme completed in early 2013. The group has been uncharacteris tically quiet on the newbuilding front in recent months, al-though there are signs that Mr Prokopiou is again starting to talk seriously with builders. Recently it was understood he may have entered into letters of intent for ordering suezmax tankers in China. These would represent his first new tanker orders for some time, but at the time of writing there had been no confir mation of the project.


25

George Prokopiou

Contact details97 Poseidonos Avenue & 2 Foivis Street Glyfada, P.O Box 70303 ATHINA 16674 Greece Phone: +30 210 891-7960 Fax: +30 210 968-0571Website: http://www.dynagas.com

311


UGS

Union of Greek Shipowners’ leader is likely to wear chain of office into next year and beyond

The leader of the Union of Greek Shipowners is likely to continue to wear the chain of office into next year and beyond GREEK shipping seems to go from strength to strength and Theodore Veniamis, as much as any individual, is its representative, making him an obvious choice for a high rung on our ladder of the industry’s most influential personalities. As president of the Union of Greek Shipowners, Mr Veniamis got much of the credit for ham-mering out a “volun tary” deal with the country’s conserva tive government that vastly in-creased debt-saddled Greece’s tonnage tax income from the industry in return for what was supposed to be stabil ity regarding the industry’s taxes and structures. This seemed to be unravelling in early 2014 after a surprise grab to boost revenues by the outgoing finance minis ter Yiannis Stournaras, who has since become governor of the Bank of Greece. The industry also faced a number of other unwelcome changes by the government. But the voluntary nature and fine print of that initial deal have been resurrected and calm ap-pears to have been restored for now, together with Mr Veniamis’ reputation for being a leader that can get things done in the corridors of power for the industry’s overall good. This is reflected in the fact that the UGS’ general assembly has endorsed an exceptional formu-la that is widely expected to see Mr Veniamis elected for a third term as president in 2015. That would make him the long est-serving Greek shipowners leader since the reign of Stratis Andreadis, which ended in the 1970s and caused the UGS to introduce a maximum two-term presidency. While this provides one powerful reason for Mr Veniamis rise in our rank ings, an-other is the expansion of his own footprint as a shipowner, the extent of which is still becom-ing clear. Golden Union Shipping is now ranked as one of Greece’s five largest dry bulk owners. It has been busy in the past year in the secondhand market, with an empha sis on capesizes and kamsarmaxes. But it also has an extensive orderbook of at least six capes and eight kam-sarmaxes on top of an existing fleet of more than 30 bulkers in the water. According to one leading shipbro ker: “[Golden Union Shipping] acquired 11 capesize vessels in the last 16 months and I don’t think there is another company worldwide that has pursued capes so aggressively with such profita ble deals”. Mr Veniamis and his company are seen as having particularly strong rela tionships with finan-cial institutions and builders in China, but also with major commodity traders and charters world wide.


48

Theodore Veniamis

Contact details8 Aegaleo street, 18545, Greece Tel: +30 2104061000Fax: +30 2104061199Email: [email protected]: http://www.goldenunion.gr/

312


Costamare

Costamare Inc is enjoying one of the most successful periods in its 40-year history

UNFLASHY and not given to much public fanfare, Kostis Konstantakopoulos has nonetheless guided Costamare Inc. to one of the most dynamic and successful periods in its 40-year history. The boxship specialist has been able to deliver consistently positive results and has shrewdly expanded and renewed its fleet, despite the over all poor state of the container shipping mar-ket. Rewards have duly come. The company has been one of shipping’s better performers on the stock market and its achievements were recognised in 2014 with the title of ‘Company of the Year’ at the Lloyd’s Global Awards. The Greece-based operator has increased its payouts to investors as revenues have increased, deriving from a fleet expansion that saw 10 eco newbuildings of 9,000 teu delivered in 2013-2014, as well as some selected secondhand acquisitions. The newbuildings alone, all long term chartered to Mediterranean Shipping Co and Evergreen, will contrib ute revenues of more than $1.3bn. Costamare has enhanced its fire power with a partnership with York Capital Management, with which it has already entered nearly $1bn of new investments. Chief among these are five newbuildings of 14,000 teu, all char tered long-term to Evergreen, and four newbuildings of 11,000 teu for delivery in 2015-2016. Unlike many tie-ups between Greek owners and hedge funds or private equity firms, Costama-re is a true co-in vestor, with participations of up to 49% in the ships acquired together. Although the expansion has been impressive, Mr Konstantakopoulos is known to be choosy about deals, taking up only the pick of the crop, rather than going for growth at any cost The company has also made rais ing funds and finance look easy with successful offerings of preferred stock, a recent 10-year sale and leaseback transaction with a leading Chinese finan-cial institution, and a separate Strategic Co-operation Memorandum and Framework of Agree-ment signed with China Development for $1.5bn. Towards the end of 2014, the company announced its intention to launch a master limited partnership Costamare Partners LP. ‘’ Although the expansion has been impressive, Mr Konstantakopoulos is known to be choosy about deals, taking up only the pick of the crop, rather than going for growth at any cost.’’ He is also an enthusiast of more efficiency, greater flexibility and performance benchmarking in ship-management. Adding to its opera tional strength, Costamare has its own ship manage-ment companies in Greece and China, as well as a unique joint venture with V.Ships Greece. His company reportedly now has its eye on entering the ultra large containership segment. As more inter national carriers launch tenders for building big ships, Costamare, by all accounts, has emerged as one of the top contenders for such contracts.


50

Kostis Konstantakopoulos

Contact details60, Zephyrou Street & Syngrou Avenue17564 Athens, GreeceTel: + 30 210 949 0050Fax: + 30 210 940 6454Email: [email protected]: http://www.costamare.com

313


Tsakos Energy Navigation

As chairman of Intertanko, the head of TEN will have a considerable voice in the tanker industry

DAYS after being voted the new chair man of tanker industry organisation Intertanko, Nikolas Tsakos was able to point to an impressive lift-off in charter rates for almost all types of tanker. We’re guessing that was probably coincidence and therefore should not be counted in assess-ing the rising influence of the Greek shipowner. Nonetheless, his new job gives him a considerable voice in the tanker industry and the backing of a shipping association that has proved it can make a difference. Those who have followed Mr Tsakos’ three-decades career don’t expect him to spark a revolu-tion at Intertanko, with which he has been involved for many years. His traditional Chios shipping back ground is evident in a taste for stability and time-tested procedures. But he has never been afraid to seek out new paths as well, the most obvious aspect being his vast experience in the public markets that began during his 20s when he floated Global Ocean Carriers on Amex, to be followed later by tanker company Tsakos Energy Navigation. A balanced approach will see Mr Tsakos keen to further Intertanko’s traditional technical and environmental agenda, including important topics such as vetting, ballast water treatment and emissions. However, he will also want to build on the association’s new determination to push for a more equitable system of payment from charterers. Mr Tsakos says he is also hoping to attract other big-hit ters to Intertanko meetings. At his own company, US-listed TEN, the owner has spoken out against speculative ordering of tonnage and the company has led by example. TEN has significantly strengthened its profile through recent build-for-char ter alliances with oil companies - for aframaxes, long range product tankers, and suezmax shuttle tankers - but has shied away from ordering without ready employment. Mr Tsakos is co-founder, together with his father Capt. Panagiotis Tsakos, of the Maria Tsakos Foundation (named after his late sister), a charitable organi sation for the well-being and edu-cation of young men and women, focusing on maritime studies and tradition.


54

Nikolas Tsakos

Contact details‘’Megaron Makedonia’’ 367, Syngrou Av-enue, 17564 P. Faliro, HellasTel: +30 210 9407710Fax: +30 2109407716Email: [email protected]: http://www.tenn.gr

314


Capital

An entrepreneur whose interests span well beyond shipping

Capital Ship Management Corp. (‘Capital’) is a progressive and dynamic ship management and marine service provider based in the heart of the shipping world, the port of Piraeus.Capital currently operates a fleet of 59 vessels including 39 tankers (6 VLCCs, 5 Suezmaxes, 27 MR/Handy product tankers, 1 small tanker), 3 modern bulk carriers (1 Capesize, 2 Handy) and 17 container carriers. The fleet includes the vessels of Nasdaq-listed Capital Product Partners L.P.Capital has extensive experience in managing various vessel types and sizes including all tanker segments (VLCC, Suezmax, Aframax/LR2, Panamax/LR1, MR/Handy and small tankers), dry bulk segments (Cape, Panamax, Handymax and Handy), as well as OBOs and containers. The Company offers comprehensive services in every aspect of ship management including: safety and technical management, claims & insurance, bunkering, vetting preparation and attendance, risk assessment, newbuilding design and supervision, IT services, accounting, fi-nancial management and other administrative functions, as well as in-house human resources management, such as crewing and personnel training with state-of-the-art technology.Capital is one of a handful of shipping companies qualified to enter into long-term charters with oil majors, traders, liners and other major charterers. Among its numerous accreditations and accolades are:● The “Tanker Company of the Year 2009” Lloyd’s List Greek Shipping Award● Repeated BP Shipping Top Performing Vessel distinctions● “Amver Awards” and a “Special Rescue” Award by the United States Coast Guard. ● A Safety Management System in compliance with the IMO’s ISM code, the Quality Assurance

Standard ISO 9001, the Environmental Management Standard ISO 14001, the Occupational Health & Safety Management System (“OHSAS”) 18001 and the Energy Management System ISO 50001. All certified by the Lloyd’s Register of Shipping.

● Business strategy inspired by, and applying, the key principles and goals of the International Maritime Organization’s (IMO’s) Strategy for Sustainable Maritime Transport Systems. Capital has established a task force to implement specific actions addressing sustainability. In May 2014, Capital became the first shipping company worldwide to get successfully assessed by Lloyd’s Register against the “IMO Strategic Concept of a Sustainable Shipping Industry”.


67

Evangelos Marinakis

Contact details3, Iassonos Street, 18537 Piraeus, GreeceTel: +30 210 4584900Fax: +30 210 4285679 Website: http://www.capitalship.gr

315


Diana Shipping

Diana boss wins respect for consistency and transparency of his approach

SIMOS P. Palios continues to prove a steady hand at the tiller of dry bulk owner Diana Shipping, and its younger offspring, Diana Containerships. While those following the companies may not be able to look forward to a thrill-ride, Mr Palios has won respect in the industry for the consistency and transpar ency of his approach. Diana Shipping has continued its policy of steadily accumulat ing bulkers and has reached 39 vessels on the water, with a further three newbuild ings scheduled to arrive in 2016. The past year has been a relatively quiet one in terms of acquisitions, with just four snapped up since the latter stages of 2013. But this is said to result more from the difficulty in locating ves-sels that tech nically match the owner’s requirements. Besides, Diana has also been repur chasing its own stock and in mid-2014 it also invested an-other $40m in Diana Containerships. At the same time, Mr Palios and other members of senior management contributed another $12m to the private placement that netted a total $92m for the boxship company. Diana Containers, in which Diana holds a 25% equity stake, purchased three more vessels in 2014. Both companies have plenty of funds for significant additional asset acquisitions. Although the container-ship offshoot made a significant contri bution to Diana Shipping’s recent results, the aim will be to take both forward as completely independent companies focusing on their respective sectors. Mr Palios continues to earn kudos with market-watchers for having been reliably bearish about the timing of any recovery for bulker rates and Diana’s reputation will continue to be polished the longer it takes for a recovery to materialise. Although very much behind the scenes, Mr Palios is known in Greece for interacting with various people from other political, business and social sectors, and for using regular private lunches at his headquarters to support a range of causes, including the promotion of the country’s ship ping cluster.

st place in Lloyd’s 100 list 2014

81

Simos P. Palios

Contact detailsPendelis 16, 175 64 Palaio Faliro, Athens, GreeceTel: +30 2109470000Fax: +30 2109424975Website: http://www.dianashippinginc.com/

316


General Maritime

Still looking for a long-term solution

THIS time last year, Peter Georgiopoulos was still vying for the ambitious move to purchase a fleet of very large crude carriers for his private tanker company, General Maritime, while trying to figure out a long-term solution to his over-lever aged dry bulk company, Genco Shipping & Trading. Mr Georgiopoulos failed to pull off the former, Euronav coming in late to acquire the 15 VLCCs from Maersk for $980m, and was forced to file a pre-packaged bank ruptcy on the latter. Today, Mr Georgiopoulos oversees a Genco with a lighter debt-load, having exited Chapter 11 in New York in July after beating back a push from equity investors who challenged the com-pany’s plan. Genco has a new stock ticker, a new board and a new set of executives and, most importantly, a more manageable balance sheet. Its group of senior lenders equitised the company’s $1.01bn term loan, bringing down Genco’s current debt to $373m. And, in November, Genco reshuffl ed its corporate structure, naming chief finance officer John C Wobensmith presi dent, succeeding Robert Gerald Buchanan. And, with that bankruptcy in his rear-view mirror, Mr Georgiopoulos has started adding to his fleet through a poten tial merger with sister company Baltic Trading. Genco in October hired advisors to pursue that strategy as a way to keep up with a dry bulk sector that moves towards larger fleets through consolidation. If successful, Mr Georgiopoulos will oversee that sector’s fourth-largest fleet, behind Star Bulk’s 103 vessels, Scorpio Bulkers’ 78 newbuildings on order and the 72 vessels operated by the combined Knightsbridge company. Although the company has not commented on the merger with the closely affiliated Baltic, Mr Georgiopoulos need not worry about getting trumped by a competitor at the last minute.

rd place in Lloyd’s 100 list 2014

83

Peter Georgiopoulos

Contact details299 Park Avenue, New York, NY 10171Tel: 1 212-763-5600Email: [email protected]: http://www.generalmari-timecorp.com

317


Intercargo

A calm and diplomatic force at the dry cargo association JOHN Platsidakis was a shipping banker with Bank of America before jumping over to the oth-er side of the fence. He has been with the Angelicoussis Shipping Group for the last 25 years and has contributed to much of the group’s success in financ ing its growth, as well as being managing director of its dry cargo arm, Anangel Maritime Services. He has also been a longstanding member of the boards of the Union of Greek Shipowners and the Hellenic Chamber of Shipping. He has a particular focus on maritime education. But he is on our list chiefly as chairman of the dry cargo owners association, Intercargo, and is the first non-shipowner to hold the position. A stalwart of the executive committee since 2002, Mr Platsidakis is said to bring a calm and diplomatic hand to helming the association, but faced a mini-crisis in 2014 when, in swift succes sion, Intercargo lost both its long-run ning gen-eral-secretary, Rob Lomas, and technical manager Ian Harrison, who defected to Intertanko, which shares floor space with Intercargo in the same London building. Yet Mr Platsidakis appears to have steered the association back on track. By October, Intercar-go had a highly experi enced shipping person as its new secre tary-general, David Tongue, who was a free agent after 12 years as director of regulatory affairs at the International Chamber of Shipping. It also proved up to the task of being the member of the Round Table of ship ping organisa-tions tasked with organizing the latest tripartite meeting with ship builders and classification societies. Mr Platsidakis heads an association representing more than 160 owners of bulk carriers and well over 1,000 vessels, with a mission to ensure the industry’s voice is heard in numerous regulatory and technical matters. Sources close to the association suggest that it is making progress in a number of areas of concern to members, such as safe loading rates at terminals, cargo liquefac tion, the conduct of port state control offi cials in some countries, and prompt circu lation of casualty investigations.

‘’ Mr Platsidakis is said to bring a calm and diplomatic hand to helming the association ‘’


86

John Platsidakis

Contact details9th Floor, St Clare House, 30-33 Minories, London EC3N 1DDTel: +44 (0)20 7977 7030 Fax: +44 (0)20 7977 7011 Email: [email protected]: http://www.intercargo.org

318


Aegean Marine Petroleum

A year of mixed blessings, following the collapse of OW Bunker

THE collapse of OW Bunker is likely to have brought mixed blessings for Dimitris Melissanidis’ Aegean Group. On the one hand, as one of the bankrupt bunkering company’s credi tors, Aegean Marine Pe-troleum Network, the group’s New York-listed company, was owed about $7.8m — although that was said to be “fully recoverable”. At the same time, and more intrigu ingly, it is surely an opportunity for OW’s rivals to fill the hole left by its demise. OW’s mainly intermediary role and the painful fashion of its demise are likely to prompt cus-tomers to be more cautious in future about who they deal with, and that could see an en-hanced share of the market for physical suppli ers, like Aegean. AMPN is the largest independent physical supplier in the world, not counting oil majors and state energy companies.

‘’AEGEAN IS THE LARGEST INDEPENDENT PHYSICAL BUNKER SUPPLIER IN THE WORLD, NOT COUNTING OIL MAJORS AND STATE ENERGY COMPANIES’’

Aegean has already employed a number of OW’s Greece-based staff in anticipation of further growth. The company is, in any case, in expansion mode and is targeting the addi tion of two new loca-tions for next year, expanding an existing network spanning 27 markets geographically. The company has forged a strategic alliance to extend its reach to China and a year ago signifi-cantly strengthened its presence in North America by taking over Hess Corporation’s bunker-ing business on the US east coast. The new US subsidiary subsequently secured a $150m working capital facility from ABN Amro to help develop the busi ness there. Mr Melissanidis, who founded AMPN and is the company’s largest shareholder, is also active in the energy and ship ping markets with a number of private ventures, including a large nation-wide chain of gas stations and the family’s own tanker company, Aegean Shipping Manage-ment. Four “green” handymax tankers were delivered to Aegean Shipping in 2014, doubling its fleet. The group also includes Hellenic Environmental Centre, which provides oily residue collection from ships and offshore platforms, and treatment services. It has its own fleet of tankers and the world’s largest floating separator in the world, the 100,000 dwt Ecomaster. HEC has invested €60m ($73.9m) in a new state-of-the-art collection centre after acquiring the former BP terminal in Piraeus.


97

Dimitris Melissanidis

Contact details10, Akti Kondili, Piraeus, Greece, 185 45Tel: (+30) 210 4586000Fax: (+30) 210 4586242Email: [email protected]: http://www.aegeanoil.com

active greece 2015

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