Diamonds of the Greek Economy 2021

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DIAMONDS of the Greek Economy 2021

Editorial

by Spyros Ktenas

6

EU funds, production model change and the new “Diamonds” of the country’s business life

The actions by both the state and citizens resulted in a relatively successful response to the consequences of the health crisis, with a consequent improvement in our country’s international image. The next big bet for the country is to effectively deal with critical issues, such as strengthening and upgrading its economy, which depends on continuing the necessary reforms. The biggest challenge for the coming period is the strongest possible private and public investment mobilization, which will judge the country’s ability to make good use of EU resources and development programs for a substantial production transformation. Focusing on the great financing opportunity that the country has ahead of it - the Recovery Fund and the new NSRF 20212027, it should be noted that the resources will only be effective if they are used to carry out reforms and investments in green growth, digital transition, and modern skills, which are prerequisites for upgrading our production base. Investment expectations The Mid-Term Fiscal Strategy Program (MPDS 2022-2025) put together by the Ministry of Finance, envisages investments of over 53 billion euros, from 2021 to 2025. The program is based on the forecast that the growth rate for the current year will not exceed 3.6% of GDP. Thus, the total growth of investments is expected to reach 88.4% in 20212025, following a 10-year contraction of public investments, which ended with the onset of the great health crisis in 2020. A change in conditions from now on would be facilitated by EU funds amounting to approximately 51 billion euros that Greece expects to receive by 2030. Of these, 30.5 billion euros are funds of the Recovery Fund which will start coming in as of this year (approx. 8 billion euros expected in 2022) and up to 2026. In 2022, the multi-year fiscal framework 2021-2027 is expected to be included in the public investment account, i.e., the next NSRF from which Greece expects to receive funds amounting to 20.7 billion euros. Based on these, the MPDS 2022-2025 provides for public investment expenditure of more than 10 billion euros on an annual basis. Specifically, starting from 8.1 billion euros in 2021, expenditure is expected to rise to 11.27 billion euros in 2022, to 10.9 billion euros in 2023, to 11.7 billion euros in 2024, and to 11.52 billion euros for 2025. Total investment, including private investment, will almost double, given that the Recovery Fund is estimated to mobilize resources totaling 59 billion euros, while another 37 billion euros are expected to be made available by the next NSRF. Most of these investments are expected to be realized within the period considered by the MPDS.

DIAMONDS 2021

Income rises The Mid-Term Fiscal Strategy Program, through the increase in investments, also provides for public sector pay rises. In particular, payroll costs are expected to increase by 1.0 billion euros in 20212025, which may be due partly to the opening of recruitment, and in part partly a gradual pay rise made to public sector employees. The private sector, having suffered the largest proportional cuts in the years of successive crises, will experience pay rises at higher rates. Based on the baseline macroeconomic scenario, the growth rate of the economy will be 3.6% in 2021, 6.2% in 2022, 4.4% in 2023, 4.1% in 2024, and 3.3% in 2025. If these rates are achieved or even exceeded, then there is the Government’s commitment to annual pay rises equaling double the growth of the economy. This also means brave pay rises in the private sector for the next 5 years. Extroversion with a compass Greek exports managed in 2020 to remain in positive ground in an environment characterized by a high degree of liquidity and uncertainty. This course confirms that Greek export companies can play a leading role in the effort for recovery and growth of the Greek economy after the crisis. With appropriate initiatives, this pandemic can be an opportunity for a leap of extroversion of the Greek economy, as well as for its transition to a new, sustainable growth model, focused on the production and export of high value-added goods. In the effort to develop and promote Greek exports in the coming years, the role of the State will be crucial - at the level of economic diplomacy and administrative services; also a major role here will be played of course by business bodies, such as Chambers. Economic diplomacy is now called upon to defend the interests of the country’s export companies, to support their efforts in international markets, and also to open new business opportunities and networking channels in the context of transnational contacts and agreements. In this context, the assignment to the Ministry of Foreign Affairs of the supervision of Enterprise Greece and the Export Credit Insurance Organization is a positive development: this way, it becomes easier to implement a coherent, integrated strategy to promote both foreign trade and investment. So, based on: - First, the rational use of EU funds; - Second, the stimulation of investments in the sectors of the green economy, its digital transformation, and the creation of modern infrastructures; - Third, the strong support by human resources; - Fourth, the strengthening of the extroverted growth of Greek companies, the Greek economy will seek to operate under a better relationship between domestic production and public finances (a relationship that has so far been moving in an unfavorable trajectory due to a significant increase in debt), which may eventually lead to the emergence of new “Diamonds” in the country’s business life.



Diamonds Index Contents

6 12 79

Editorial by Spyros Ktenas Contributions The Most Admired Enterprises (Based on 5 Criteria)

105

Financial Results of Enterprises of the Most Profitable Businesses for 2019

134 291

Diamonds Diamonds Distinguished Companies

DIAMONDS of the Greek Economy 2021

8

DIAMONDS 2021

A.G. COROPOULIS S.A ACS SINGLE MEMBER S.A. ADELCO S.A. ADUS S.A. AFFIDEA GREECE AGGELAKIS S.A. AGRICULTURAL COOPERATIVE OF ZAGORA-PELION ALIEIA S.A. ALUMIL S.A ANFARM HELLAS S.A. APOLLON S.A. BIKRE S.A. CHATZIGAVRIILIDIS GROUP BOEHRINGER INGELHEIM BRISTOL MYERS SQUIBB S.A. BSS CENERGY HOLDINGS COFFEE BERRY CORINTH PIPEWORKS CRETAN MILL S.A. - ALMPANTAKIS GROUP OF COMPANIES DASTERI S.A. DEMO S.A. DIAMANTIS MASOUTIS S.A. DIRFYS S.A. DIXONS DSGI SOUTH-EAST EUROPE S.A. DOW HELLAS S.A. DUST+CREAM EL SABOR S.A. ELEOFILLO ELPEN PHARMACEUTICALS ELVAL ELVALHALCOR ELVIDA FOODS S.A. ENDOSKOPIKI S.A. ETEM ETHNIKI, HELLENIC GENERAL INSURANCE CO. S.A.

286 194 294 310 312 248 352 302 314 232 316 256 160 198 318 322 324 161 326 246 186 158 298 162 244 264 254 328 192 330 154 234 292 224 156


EUROPA PROFIL ALUMINIUM S.A. FARCOM FARMA-CHEM S.A. FITCO G. N. MOUSTAKAS S.A. GAP S.A. GENERATION Y GIZELIS ROBOTICS GRECO STROM LTD GREEK WINE CELLARS - D. KOURTAKIS S.A. HALCOR HELLENIC BREWERIES OF ATALANTI HELLENIC CABLES HUAWEI INTERCOMM FOODS INTERMED S.A. IQVIA KALTEQ GROUP KAPELIS PACKAGING S.A. KARABINIS MEDICAL S.A. LA VIE EN ROSE LAKIOTIS S.A. LITELIME S.A. LOUX MARLAFEKAS S.A. MED FRIGO MEDICARE HELLAS S.A. MEGA MEGA BROKERS MEGA SPRINT GUARD S.A. MENDEKIDIS S. S.A. N. & K. GOLIOPOULOS S.A. N|E|P|Α ECONOMIC CONSULTING NEF-NEF S.A. NEOKEM S.A. NEW DEAL

222 268 258 200 204 228 334 296 280 336 338 332 164 190 196 226 266 262 286 282 340 252 342 220 210 212 180 344 274 270 300 346 250 240 348

OLYMPIA-XENIA A.S.A OMEGA S.A. OTE GROUP PAPADEAS S.A. PEGASOS S.A. PEIFASYN GROUP PET CITY PHARMA GROUP PHARMACIST’S SUPPLYING COOPERATIVE OF ATTICA (PROSYFAPE) PHARMATHEN PINDOS ENERGY GROUP PIRAEUS BANK PLAISIO COMPUTERS S.A. POWER HEALTH HELLAS S.A. PRIMEPHARM PULMAN LTD RONTIS HELLAS S.A. SIDENOR SKLAVENITIS GROUP SOLERGON S.A. SYNGENTA HELLAS SINGLE MEMBER S.A.C.I TELEPERFORMANCE GREECE TEMAK S.A. TÜV AUSTRIA HELLAS UNI-PHARMA KLEON TSETIS PHARMACEUTICAL LABORATORIES S.A. VIANEX S.A. VIORYL S.A. VIOSPIRAL S.A VITAFARM S.A. – LELOS GROUP VITEX S.A.

242 238 152 278 272 182 214 216 188 178 306 308 170 276 350 304 218 168 150 236 206 172 284 290

DIAMONDS 2021

202 174 230 260 184 208

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DIAMONDS of the Greek Economy 2021

Our priorities for the Greek labour market

Kostis Hatzidakis, Minister of Labour and Social Affairs

This is our plan for the labour market: A plan tackling well known chronic problems

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DIAMONDS 2021

Greece is emerging from the COVID-19 crisis, which, let us not forget, has followed a ten-year-long economic crisis. The government of Prime Minister Kyriakos Mitsotakis, since the very beginning of its term, has a firm focus on building back from the damage caused by the latter. Significant tax cuts aiming to facilitate economic growth were introduced. Reforms in the education sector were pursued. Privatizations aiming to liberalize the economy are taking place. The digitization of the state has been accelerated. At the same time, the outbreak of COVID-19 demanded that we re-focus on public health. And we did rise to the occasion: In addition to supporting the public health sector, 40 billion euros were directed to supporting the Greek economy and society during this unprecedented crisis. The Ministry of Labour alone disbursed 7.5 billion euros to more than 3 million beneficiaries. It is the largest social package of recent times. At the same time, the government did not stop preparing for the day after COVID-19. The Ministry of Labour and Social Affairs plays a central role in this effort. An effort making sure that both employees and companies can face the future with optimism. First in our agenda comes the implementation of the recently voted upon bill reforming Greek labour law. It is a bill responding not only to the rapid developments in the labour market from an economic and technological point of view, but also to the effects of the pandemic itself. Greece is determined to face the challenges of this new era and that is why we moved forward with updating a labour law that is almost 40 years old. The bill will promote economic competitiveness and facilitate investments, while simultaneously enhancing the protection of workers’ rights. With common sense provisions inspired by the best practices of other developed EU countries when it comes to trade

unionism, labor inspection, working time arrangements, teleworking, etc. Next in our agenda comes the bill regarding auxiliary pensions. A bill which will fulfill our pre-election commitment to reform our auxiliary pension system, moving from a pay-as you go system to a pay-as-you-earn fully funded system for new labour market entrants and, voluntarily, for employees and self-employed people of up to 35 years old. Primary goals of this new system is to familiarise a large part of the economically active population with the concepts of personal savings and long-term investments, as well as give the young generation more opportunities, more freedom and a greater degree of control over the level of their retirement income. Third in our agenda is the modernisation of the post-pandemic labour market. It essentially concerns the effective use of the funds coming from the current NSRF (ESPA), those of the Recovery and Resilience Funds, and those of the new NSRF 2021-2027 with the aim of bridging the skills gap observed in Greece between the skills offered by the workforce and those that are in demand in the market. This is why we are working on a bill, which will not only modernize the Greek Manpower Employment Organisation (OAED), but will also lay the foundations for making the up-skilling and re-skilling schemes much more effective. The main pillars of this effort will be enhancing the quality and evaluation aspects of the schemes, as well as a more efficient utilization of the EU funds themselves. Our focus will be on those sectors of the economy that have been hit the hardest by the crisis, while our priority will be digital skills for both employees and the unemployed. This is our plan for the labour market: A plan tackling well known chronic problems. A plan meeting contemporary challenges. A plan creating the conditions for strong and inclusive growth!



DIAMONDS of the Greek Economy 2021

Hellenic Ministry of Environment and Energy

Circular Economy – A Great Challenge

Prof. Konstantinos Aravossis, Secretary General of Natural Environment and Water

Furthermore, markets should transform to promote sustainability, I.e. to become inclusive, equitable, green and profitable

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DIAMONDS 2021

While recovering from the pandemic and its consequences, the greatest challenge for all countries is to convert this situation into an opportunity and move towards a green, fair and sustainable economy. In doing so, countries should adopt a circular, resource-efficient, environmentally friendly and carbon neutral economic model, which will create new companies, new jobs, generate income and raise the awareness of society. To achieve this shift, channeling capital flows into sustainable investments is required. Businesses need to invest in clean and low greenhouse gas emission technologies, and in resilience to climate change. To determine whether an investment is sustainable, European Commission introduced the Regulation 2020/852 on the facilitation of sustainable investments (Taxonomy Regulation). In the context of EU Taxonomy, criteria have been selected for evaluating mitigation and adaptation to climate change, while more criteria on the contribution to the transition to circular economy are also included. Criteria such as: waste prevention, reuse and recycling, increasing use of by-products, reducing use of plastic or hazardous chemicals and replacing them with alternative safe substances, will be considered when financing investment projects. Greece has set the transition to a circular economy at the heart of its strategic objectives. Under the coordination of the Hellenic Ministry of Environment and Energy, a working group was set on sustainable financing for both public and private investment projects. In parallel, the criteria for awarding eco-label to financial services are being evaluated. Furthermore, a National Circular Economy Action Plan has just been completed, with a set of concrete actions to be implemented over the period 2021 – 2025. The plan focuses on production, consumption, waste management as

well as on horizontal issues related to governance and administration. This new plan is of great importance, when considering that in Europe 90% of raw materials used in manufacturing become waste before the product leaves the factory, while 80% of products become waste in the first six months after production. Obviously, there is a need for immediate shift towards a circular economic system, in which companies should be run sustainably, by taking into account all economic, environmental, climate and social impacts across the whole value chain, on a consistent basis and comparable with UN Sustainable Development Goals. The circular economic system requires companies to use innovative technologies and circular business models based on longevity, renewability, reuse, repair, upgrade, refurbishment, servitisation, capacity sharing and dematerialisation. This means that businesses have to not just focus on cost-cutting but instead start focusing on rethinking products and services as well as customer propositions. Furthermore, markets should transform to promote sustainability, ie to become inclusive, equitable, green and profitable. Consumers and producers should also participate by extracting as much value from the used resources in the most effective way possible, and then if possible recover and regenerate those materials and products at the end of their life cycle. Consequently, the new National Circular Economy Action Plan is a good starting point for the shift towards circular economy. However, further initiatives and actions are needed to achieve the necessary market shift, innovative entrepreneurship and behavioral change of the whole society towards a model which is resource-efficient, environmentally friendly and can contribute to carbon neutrality.



DIAMONDS of the Greek Economy 2021

Challenges and Opportunities for Greek Tourism Global tourism suffered its worst year on record, facing a health, economic and social crisis of unprecedented scale due to covid-19 pandemic. According to UNTWO, the coronavirus crisis cost the global tourism sector 730 billion in lost revenue in 2020, as the number of people travelling plunged by almost 74%. As a consequence, between 100 and 120 million tourism jobs were lost.

Dimitris Fragakis, Secretary General, GNTO

It is a decisive moment for Greek tourism. The choices we make today will determine the tourism of tomorrow 16

DIAMONDS 2021

In Greece, incoming tourist arrivals fell by 76,1% in 2020 and lost revenue amounted to 77% compared to 2019 season. In such a tremendous situation the Greek tourism sector managed to save 4,2 billions of revenue in 2020. The Greek Government also implemented a 30 billion support program for the Greek businesses and their employees and recently announced a special 430 million program for the tourism industry for 2021. It is a decisive moment for Greek tourism. The choices we make today will determine the tourism of tomorrow. Last year, it was with collective effort that we kept the tourism industry alive. 2021 marks the onset of a recovery that will be gradual and contingent upon the flexibility and adaptability of the industry and proactive, future - oriented policy -making. To Restart Tourism on a solid basis, we should set short-term and long-term goals, meet the milestones, and think bigger than we ever did in the past. With vision, strategic planning, swift action when

faced with adversities and careful implementation, Greek tourism will resurface stronger than before. It is of critical importance for Greece to meet the sustainability targets in the tourism sector as well. To invest in authenticity and the unique identity of its destinations - key-elements that will set us apart from the competition and already have a prominent role in our new narrative. Last but not least, it is imperative to accelerate the digital transformation of the provided services and to consistently meet high the safety standards of international travelers. It is not by coincidence, Greece is one of the top tourist destinations in the world, in its uniqueness and multifacetedness, supported by developed infrastructure and with our people being our greatest asset. It is not beyond reach for the country to become the frontrunner in the world travel map in the following years. The goal of developing a sustainable tourism model, all year around, that will also multiply the benefits for local economies and the society, is a challenge we can win. The coronavirus crisis has been an existential threat for too long. We choose to turn it also into an opportunity. We must, and we will, embrace the challenge.



DIAMONDS of the Greek Economy 2021

Greek investment projects of 1,2 billion euros

Theodoros Tryfon, President, Panhellenic Union Of Pharmaceutical Industries

The new challenge for the Greek and European pharmaceutical industry relies on how to best embrace the chance and explore the opportunities for development 18

DIAMONDS 2021

Τhe pharmaceutical sector in Greece marks a substantial manufacturing footprint with 28 production units, operated by highly skilled personnel and some very active R&D centers. The Greek companies create a strong manufacturing base. Over numerous years, we have developed a robust commercial network covering many countries and companies that we cooperate with. We invest into building strong bonds with our business partners, based in our product quality, uninterrupted supply and competitive pricing. In parallel, the Greek manufacturing industries maintain close ties with the academic community and invest into keeping up with the technological developments in the field. However, there is still much to be done for the incentivization of production and R&D investments that would better allow the Greek manufacturing industry to capitalize more efficiently over opportunities for development. All the major Greek pharmaceutical companies are endeavoring into the development of both generics and added value medicines. The latter are based on known molecules that address healthcare needs, delivering relevant improvements for patients, healthcare professionals and payers, in terms of improved efficacy, safety, tolerability profile, ease of use, increased adherence and superior therapeutical value. The development of such products which fall under the scope of incremental innovation, requires the extensive use of resource planning and quality assurance systems in order to efficiently address the complexity and the interplay between the different business functions. Especially in terms of production process, systems automation and artificial intelligence play a significant role in order to mon-

itor and control quality and safety in all stages of production. The pharmaceutical business environment has not been easy during the past years, especially for Greece which has seen an unprecedented underfinancing in terms of public pharmaceutical expenditure. However, some progress has been recorded recently in terms of the much-needed structural demand side measures, aiming to control the expenditure in a sustainable way. We believe that this is the real challenge ahead. The pharmaceutical industry welcomes the recent legislation that provides for investments in production and R&D to be offset with a relatively small part of the clawback which remains a major drawback for investments. Notably, the measure marked an absolute success, attracting in 2019 some €80 mn of investments by (mostly) Greek and foreign pharmaceutical companies. In 2020 the offset amount doubled and the total value of investments is expected to reach €200 mn, an outcome that highlights the importance of the measure. It is noteworthy, that the Greek manufacturing industries have planned specific investment projects to a total of €1,2 bn in production and R&D within the next five years. These investments will foster R&D and increase the production capacity, ensuring the coverage of the 70% of the patients’ needs by locally manufactured medicines. The day-after the pandemic, comes with a total new perspective for the European healthcare systems in terms of sustainability, equity and resilience. In that sense, the new challenge for the Greek and European pharmaceutical industry relies on how to best embrace the chance and explore the opportunities for development.



DIAMONDS of the Greek Economy 2021

2021: The year of recovery for industry and manufacturing

Athanasios Savvakis, President, Federation of Industries of Greece

We need effective planning, clear governance structures, clear and realistic timetables, and measurable results

20

DIAMONDS 2021

We expect 2021 to be the year when the problem of the pandemic will finally be alleviated and Greece’s economy will be able to return to growth rates from the second half of the year onwards. However, the coveted turnaround of the economy in 2021 to growth will obviously take place gradually. This is because social cohesion must be restored, which means reducing unemployment and securing existing jobs. This is supported by the fact that the coronavirus vaccine is now available, so for us the countdown to the restart of the economy and the healing of the wounds caused by the pandemic has begun. We are optimistic that the return to normalcy will surely take place, as the government initiatives taken so far to strengthen the economy have been extremely positive. We believe that there is a government plan for the strategic response of the Greek economy and its real adaptation to the changes that have taken place in the business environment worldwide since the pandemic started. With the help of institutions supporting entrepreneurship in the country, it is possible for this plan to have even more realistic and applicable content, with measurably positive effects on the development of our country. The Federation of Industries of Greece, as a representative of the small- and medium-sized manufacturing enterprises based in the Greek periphery, argues that the development direction of the country in the next four years should have two goals:

1. The substantial reassessment of the development contribution of industry and manufacturing, and its restoration as the first priority for business support in the coming years; and, 2. The institutionalization of appropriate policies for the reduction of regional and intra-regional inequalities, which will preserve the social fabric in the Greek regions and will create stable and wellpaid jobs. We are sure that financial support provided by the Recovery Fund will contribute to the achievement of these specific goals. With an average of approximately €3.2 billion being channeled into the Greek economy through the Recovery Fund from 2021 to 2025, it is certain that our country can hope for re-industrialization through the implementation of productive investments. In this context, we propose the priority financing of productive investments and mature business plans for the adjustment of the productive model of the economy and the creation of new jobs. These funds can indeed ensure sustainable development in the country over the next decade. But we need effective planning, clear governance structures, clear and realistic timetables, and measurable results. But, above all, it is necessary to select the right people who will be called upon to manage the relevant funds, in order to avoid the repetition of the mistakes of the past.


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DIAMONDS of the Greek Economy 2021

Extensive expertise, with full social awareness

Stavros Konstantas, C.E.O οf Ethniki Insurance Company

Overall the pandemic not only did not stop the Company’s growth, but it also reinforced its social presence

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DIAMONDS 2021

Ethniki Insurance Company, with more than 1.000.000 policyholders, 676 employees, 13 branches, 1.648 Tied agents in 132 sales offices all over the country and 1.299 independent agents and brokers, is the largest company of the Insurance sector in Greece. Our Company, demonstrating significant qualitative and quantitative financial results on a recurring basis, continues – for many decades now - to be distinguished for its stable philosophy and values that compose its corporate culture which focuses on each individual and overall satisfaction of his/her specific Insurance needs. With responsibility, credibility and a dedicated workforce along with the Distribution channels, Ethniki Insurance has built solid relations of trust and credibility among its policyholders. With its huge experience of 130 years and by having innovation and continuous renewal of products and services as the main pillars of its strategy, Ethniki Insurance constantly “sets the bar” in the local Insurance sector higher, for the benefit of the society and the Greek Economy. The outbreak of Covid-19 pandemic created such conditions internationally, which brought the Economy and society as a whole to an unprecedented stress. With a continuous enhancement of its Target Operating Model, Ethniki Insurance acted with flexibility and effectiveness in the new and totally unknown pandemic environment, always having as its primary concern the health and well-being of its employees, agents and their families. At the same time, the Company enriched its products in order to

meet the new emerging needs of the potential policyholders. Overall the pandemic not only did not stop the Company’s growth, but it also reinforced its social presence. Throughout its long history, Ethniki Insurance has always been present in critical national moments, contributing the maximum possible each time. It has been a very difficult moment for the Greek society and the Global Economy. From the very first days of the pandemic crisis, Ethniki Insurance acknowledged and contributed to assist the struggle of the Health Public sector, but also to the transformation of the Public Education sector. Furthermore, the Company continued to support Organizations with distinguished contribution to the society and vulnerable groups of the population. At Ethniki Insurance, we believe that the Insurance sector in Greece can be a strategic partner of the Public sector in the effort of restarting the economy, by contributing through investments in productive and developing areas of the Greek Economy. In this context, as the leading force in the Greek Insurance market with extensive expertise and with full social awareness, the Company can take on an essential developmental leading role. Ethniki Insurance, guided by its historic past, the support of its employees and Distribution Channels, the trust of all its policyholders and its clear strategy, will undoubtedly leave a strong imprint on the new page being written in the economic and social history of the country.



DIAMONDS of the Greek Economy 2021

With Responsibility, in post-Covid era

Ioulia Tseti, pharmacist MSc, CEO of Tseti Pharmaceutical Companies Group, SEV Board member, and president of Global Compact Network Hellas

The big bet in restarting the global economy should be the preservation of jobs

24

DIAMONDS 2021

Who could deny that the pandemic acted as a catalyst in all areas of our lives, and changed us? The serious health crisis has been really awakening, teaching us to run things with greater responsibility and solidarity. Its effects have been catalytic across society, employment and the economy, across the globe. One of the conclusions drawn is that dealing with crises requires cooperation, vigilance, solidarity and social cohesion. Preparing for the next day and the almost certain restart of the Greek economy, we could say that the post-pandemic period requires very capable Leaders possessing qualities such as empathy, sensitivity, knowledge, sobriety and rational thinking. Leaders who can inspire and transform numbers into action and prosperity, but also employees with strong reflexes. The big bet in restarting the global economy should be the preservation of jobs - millions of which have been lost in the past year - and the shift to a new production model, with a focus on industrial production, sustainable development and environmental protection. The pharmaceutical industry’s answer to the health crisis is self-sufficiency in the production of raw materials, adequate funding of research to create new molecules, cooperation among research teams, connecting production to innovation, and, of course, strengthening of and using technology, telemedicine and digital reform, in the service of human health and well-being. It is now more relevant than ever to boost domestic and European production to its pre-pandemic levels, to recover the jobs we lost and the growth we deserve. Along with the Digital Revolution, another revolution is already under way, that of Biotechnology. And should there had been even more intensive collaboration between research teams worldwide, there could have been much earlier spectacular results in innovative treatments, not only for COVID-19, but also

for other diseases that are still incurable. It is now time to view corporate profit in a positive way, because only sustainable and healthy businesses can support economies and societies. Heinous taxes - such as clawback and rebate - which started being imposed in the early years of Greece’s recession, slowing down pharmaceutical industry investments, should be abolished. The pandemic - however painful it may be - has given us the opportunity to increase our awareness and realize that in the future we need more cooperation and solidarity, and turn to the BIG PHARMA model, making the most of technology, telemedicine, and the potential of the digital reform. As a member of the Board of the Hellenic Federation of Enterprises (SEV), I believe there is an overwhelming need to enhance production, to be a hub of Innovation and Excellence and to “embrace” digital platforms more dynamically. After all, the favorable financial environment of the Recovery Fund (RF), gives us this opportunity, which we must use wisely. We should also create the right conditions to attract back to Greece the brilliant Greek scientists from abroad, as the brain drain has cost a lot to the country. We should raise the “flag” of ETHICAL BUSINESS. In addition, we should be wise enough to embrace the Principles of the United Nations Global Compact, such as sustainable development, the eradication of corruption, the abolition of child labor, and support of the environment. As President of the Global Compact Network Hellas, I firmly believe that all of the above make sense, as long as they are in line with the 17 goals of the UN. Challenges are part of our lives. We may be experiencing a pandemic today, but it is certain that other crises are looming in the future, whether health, economic or environmental. It is only with social cohesion, solidarity and longterm planning to protect production units, jobs and the value of products, that we could deal with them.



DIAMONDS of the Greek Economy 2021

Post-pandemic growth prospects

Konstantinos Michalos, President of the Athens Chamber of Commerce and Industry (ACCI)

A key role in achieving this goal will be the utilization of funds secured by Greece through the Recovery Fund

26

DIAMONDS 2021

The global health crisis, as a result of the Covid-19 pandemic, interrupted -not unexpectedly- the course of recovery Greece’s economy had begun to take in recent years, following a tough decade. However, the blow does not seem to be irreparable. Measures taken by the State helped to contain the economic impact, while the positive climate created in the global economy after the pandemic, may facilitate the effort to recover and accelerate the pace of growth in coming years. A crucial bet for Greece is to link the restart of its economy with the transition to a more diversified and resilient growth model, which will be based on the production of high value-added products and services. A key role in achieving this goal will be the utilization of funds secured by Greece through the Recovery Fund. According to the National Plan that has been presented, in the next six years, public and private funds in the order of 57 billion euros can be channeled into the country. These funds could enable the “investment leap” that Greece needs, and further contribute to the upgrading of its production potential. They could also support the acceleration of the digital transformation, and the transition to a “green,” sustainable growth model. However, the success of this effort will largely depend on whether private investors can really be mobilized to pour funds in the country. And this is something that presupposes, in addition to the provision of incentives, the shaping of an investment envi-

ronment offering reliability, predictability, and smooth operation of the administration and institutions. This, in other words, presupposes the acceleration and completion of the necessary structural reforms. That is why the Chamber community continues to demand a smooth implementation of reforms in the state, the economy, land use legislation, social security, education, and the operation of justice. It also calls for support to business growth, through appropriate incentives and measures to address the problem of fragmentation of the production base of Greece’s economy. Through an increase in their size, through mergers and collaborations, Greek companies will be able to enhance productivity and competitiveness, as well as to focus on quality and innovation, attract specialized staff, and pursue successful extroverted activities. An equally significant priority is the upgrade of innovation, through the strengthening of the triptych of knowledge, creation of innovation hubs and attraction of investments from foreign companies. Finally, positive steps should be taken to create a more favorable tax and administrative environment, by further reducing tax rates and simplifying procedures. Today, Greece is once again called upon to find a way out of a major crisis, and this effort requires vision, planning and joining forces. The country’s business world, having withstood the pressure, is now ready to meet the new national challenge: a rapid and sustainable development in coming days.


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DIAMONDS of the Greek Economy 2021

Supporting the economy means to support industry

Dimitris Mathios, President of the Association of Industries of Attica and Piraeus (SVAP)

But our response to the reform and growth challenges requires a dynamic political intervention and a new way of dealing with industry and manufacturing in the national economy 28

DIAMONDS 2021

The current production conditions and the need for reconstruction require that governing structures are able to coordinate and accelerate policies and results, as shown also by the international experience. As Greece’s economy is still seeking a way out of the financial crisis, what is gradually becoming clear is that a strong and competitive production base needs to be created. At the same time, the question as to which industries and activities can truly articulate the demand for extroversion and innovation is becoming increasingly pressing. The environment we live in is moving rapidly towards a fresh industrial policy for further industrial growth, setting ambitious goals and mobilizing financial and investment resources in order to reverse the wave of deindustrialization that is sweeping the European continent. Looking at Greece, one can observe that while the country needs a boost in production, extroversion, innovation and stable jobs, it does not have the basic principles of industrial policy, nor an institutional negotiator for businesses in talks with the state. And yet, the industrial and manufacturing sectors’ contribution has the highest multiplying effect on the economy compared to any other sector. Industrialized countries systematically show much better growth performance, compared to countries without particular industrial specialization. The industrial sector innovates and exports much more than any other sector, with a share of 65% in research and innovation and 57% in pan-European exports. However, the largest contribution

by the industrial and manufacturing sectors concerns employment, both direct and indirect. In Greece, unfortunately, we missed the “competitiveness train” in the years of easy growth (based on consumption on debt), and allowed the rapid deindustrialisation of our economy. Reinvestment in the years of the crisis, combined with over-taxation and incoherent energy policies, have pushed the industry and manufacturing sectors in an even worse position. Nevertheless, even today, industry remains the second largest sector in terms of GDP contribution and the third largest in terms of employment, of all manufacturing sectors. At the most critical juncture of the crisis, our country is facing two simultaneous and crucial challenges. One is the need for immediate implementation of all structural reforms and fiscal adjustments of the agreement with EU partners. The second one regards the implementation of policies designed to provide a growth driver, by tapping on the many existing opportunities, aimed at speeding up a return to healthy growth rates. A central point in both of these challenges should be the support to the industrial and manufacturing sectors as key components of a national development strategy. This is because industry has always been a strong pillar of the Greek economy that creates sustainable and quality jobs. But our response to the reform and growth challenges requires a dynamic political intervention and a new way of dealing with industry and manufacturing in the national economy.



DIAMONDS of the Greek Economy 2021

Emerging challenges and responses: A decisive factor for Greece’s growth trajectory in the coming years

Achilleas Davelis, President, Association of Thessalian Enterprises and Industries (STHEV)

Businesses will also play an important role in the absorption of the Fund’s resources

30

DIAMONDS 2021

During the past three years and with the end of the third adjustment program, Greece’s economy has recorded higher growth rates than many other economies in the Eurozone. The Covid-19 pandemic violently overturned this dynamic, leading to a raging recession in Greece and almost the entire world economy, while economic estimates for the near future are still discouraging inside and outside Greece. The Covid-19 pandemic caught Greece in a critical transition period, coming out of a deep and prolonged economic crisis and having to manage serious problems inherited from the latter, while the pandemic tends to exacerbate problems to a serious degree. Significant challenges are an anticipated increase in unemployment, non-performing loans (currently at €60 billion in the banking system, but at €90 billion in total in the economy), public and private debt, budget deficits and poverty and the marginalization of a significant part of the population. It is clear that the attraction of investments and the utilization of the available resources of the Recovery Fund, amounting to €32 billion, expected to add up to €72 billion together with the remaining of European resources that will flow in by 2027, emerge as the catalysts for accelerating the recovery of the economy. A major challenge for Greece in the post-pandemic period will be to absorb the maximum possible available resources of the Recovery Fund, by including strategic projects mature for implementation and with a high multiplier, but also by upgrading public infrastructure. Businesses will also play an important role in the absorption of the Fund’s resources. Based on the National Recovery Plan, business should be properly prepared for the emerging opportunities in the economy, submitting comprehensive business plans for financing, especially in the fields of digitization and energy upgrading.

The conditions that have now emerged as a result of the spread of Covid-19, offer all entrepreneurs -regardless of their object - a unique opportunity to check out the strategic planning and viability of their business, while also allowing them to identify possible preparation shortcomings and gaps so as to make the necessary corrective actions. Technology is now more flexible than ever and there is an increasingly commonly accepted priority for policies focusing on economic growth and securing and creating jobs. At the same time, boosting investment in infrastructure, digital transformation, the green, circular economy and upgrading human resources skills is - apart from necessary - more feasible, especially in the light of recent European Union decisions to support European economies, but also of the new NSRF for the period 2021-2027. The outbreak of the pandemic brought to light again the structural weaknesses of the Greek economy, such as a great dependence on the service sector and especially the sectors of tourism and catering. In order for the Greek economy to stand on its own feet, it is called upon to build a new production model with stronger foundations, proceeding with changes in its production base. In this direction, the country should focus on strengthening industries that are more resilient to cyclical changes in the economy, such as manufacturing. The low level of investment during Greece’s crisis years, especially in the fields of technological upgrading and research & development, as well as the orientation of Greek companies toward the domestic market, limited their ability to compete internationally. An increase in the added value of Greek products, through innovation and an emphasis on Greek branding, is the right and necessary condition for the strengthening of the international competitiveness and increase of Greek exports.


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DIAMONDS of the Greek Economy 2021

Greek Food & Drink Industry: a driving force throughout the pandemic

Evangelos Kaloussis, President of the Federation of Hellenic Food Industries

The Greek Food and Drink Industry is a fundamental pillar of the Greek economy, in terms of turnover, added value and productivity and a key job provider 32

DIAMONDS 2021

For more than one year now, the world is experiencing an extraordinary situation, due to the pandemic crisis, that has affected all aspects of the socio-economic environment. We were all called to respond with flexibility and adjust to a new reality, both at personal and at professional level. No matter how uncertain the current framework may be, new challenges occur that cannot wait for things to go back to normal. “Business as usual” is no longer an option, for people and enterprises (big or smaller ones), that are struggling through economic hardship, but wish to make a strong comeback. In this context, we are proud to acknowledge the resilience that the Greek Food and Drink Industry has shown so far. Like many other sectors, our Industry had to face important difficulties. Availability and transport of raw materials, ingredients, packaging and packaging materials, necessary for the production process, were affected. Transportation obstacles and border-crossing complications negatively impacted our exports. The closure of large segments of the food service sector for quite a long time (restaurants, hotels, bars, cafeterias, etc.) and tourism disruption resulted to a drastic reduction of the turnover of certain food and drink manufacturers. Despite the complexities, people working in our Industry have kept the food supply chain working, market supply was

ensured and our consumers continued to have access to safe and high-quality food & drink products. With the coronavirus pandemic still “in progress”, the existing and emerging sustainability concerns become even more pressing. EU “circular economy” related challenges (European Green Deal, Farm to Fork strategy) are on top of the agenda. Climate neutrality, food sufficiency, food waste reduction and prevention, food quality and safety, products’ reformulation, healthy diets, are now prerequisites that affect business planning, decisions and actions. Furthermore, the recent crisis acted as an accelerator of digitalisation and changes were monitored in consumer preferences and behaviours. Taking all the above into consideration, we remain committed to operate sustainably, to invest in Research & Innovation and in digital transformation, in order to tackle the challenges, to recover and to increase our competitiveness. Our aim for sustainable food systems, with priority on our consumers’ dietary needs and environmental concerns, is indisputable and non-negotiable. The Greek Food and Drink Industry is a fundamental pillar of the Greek economy, in terms of turnover, added value and productivity and a key job provider. As such, it can be the driving force that would contribute to the national recovery during the post-pandemic period, in collaboration with all stakeholders in the food value chain and the authorities.



DIAMONDS of the Greek Economy 2021

Clawback: Until when?

Dimitris P. Giannakopoulos, President of BoD & CEO, VIANEX S.A.

So the crucial question is “until when?” companies will pay for the inadequacy of the state

34

DIAMONDS 2021

For a decade now, pharmaceutical companies have been bearing the brunt of the clawback, a measure that has been imposed as extraordinary and temporary, but has proven to be the most consistent element in all governments’ pharmaceutical policy. It is a fact that, either as a necessary measure of financial control or as a distorted tool of social policy, the clawback has exceeded its limits, and now all it creates is a constant imbalance in the market and a growing moral risk to the wider system. This is exactly what is pointed out in the reports of the EU Supervisory Board: the way the mandatory refund mechanism is applied, creates a business risk for the industry, but also a fiscal risk for the public finances. In other words, the same institutions that imposed the clawback, now emphasize that it does not work. But businesses have long ago reached their limits. The pharmaceutical industry is contributing another pharmaceutical cost of well over €1.0 billion through total clawback and rebate. Thus, the citizens have unimpeded access to the necessary medicines without the inadequacy of the public pharmaceutical expenditure becoming apparent, while the pharmaceutical treatment of the uninsured citizens is fully covered by the pharmaceutical industry. And here lies the responsibility of the state: it is comfortable with a distorted situation, it does not find solutions and alternative financing from available funds (in the case of the uninsured for

example), while structural reforms do not pay off quickly. While the industry hoped that the time was approaching for getting rid of this anti-growth measure, expectations were dashed, as the measure has been extended to 2024. It is clear that there are no more indirect interventions to limit the clawback. The current leadership of the Ministry of Health had pledged that this year will be the first year that the clawback will not increase. The efforts simply resulted in the return amount not exceeding 800 million euros, but again the clawback is increased compared to 2019. So the crucial question is “until when?” companies will pay for the inadequacy of the state. The final end point for the clawback should be 2024. Until then, there is a need of setting a “ceiling” on mandatory returns, while pharmaceutical spending should be redefined at realistic levels. Everyone’s goal is growth, which is why the so-called “investment” clawback is necessary for the direct investment plans of the Greek pharmaceutical industry to succeed. At the root of the problem, however, is the clawback itself, which is inherently anti-growth, and such anti-growth weights from the past should be eliminated as soon as possible.



DIAMONDS of the Greek Economy 2021

36

DIAMONDS 2021

GNTO


The Greek National Tourism Organisation (GNTO) is responsible for the marketing plan for Greece and its tourism promotion worldwide. Its mission is to organise, develop, and promote the country’s tourism product, by designing and implementing strategic plans and actions in Greece and abroad, through its offices in 14 countries. Greece, a year round destination, invites travellers from all over the world, to get to know its history, discover dreamy beaches, experience a Greek night out, try sports and outdoor activities, and enjoy city breaks full of culture, good food, and shopping.

DIAMONDS 2021

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DIAMONDS of the Greek Economy 2021

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DIAMONDS 2021


GNTO focuses on promoting both popular and emerging Greek destinations, as well as authentic thematic experiences across the country. To pursue these goals, the Organisation is engaged in innovative and impactful initiatives that place great importance on sustainability. GNTO participates in drawing up and carrying out the tourism promotion programmes of each of the 13 Regions of Greece it is in close cooperation with. Furthermore, the Organisation and the National Centre for Public Administration and Local Government have established educational projects for the domestic tourism industry agencies and any stakeholders from the public and private sector. GNTO initiatives are aimed at maximizing the beneficial impact of tourism on the Greek economic and social growth. The Organisation’s successful response to challenges posed amidst a highly competitive international environment has strengthened the Greek tourism ecosystem. To that end, GNTO sets up workshops and roadshows in targeted markets, in collaboration with tour operators, and participates in international tourism exhibitions, in order to boost Greece’s brand.

DIAMONDS 2021

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DIAMONDS of the Greek Economy 2021

The Greek economy on a growth trajectory

Nikolaos Bakatselos, President of the American-Hellenic Chamber of Commerce

Greece is becoming the attractive global investment destination with companies from the US proving their trust in what our country has to offer 40

DIAMONDS 2021

The strategy as well as the operational planning of the American-Hellenic Chamber of Commerce, is focused on supporting and promoting the interests of Greek entrepreneurship and building meaningful connections within the US market. Our main concern during the pandemic crisis period, was to proceed with a sense of responsiveness, ensuring that we continue leading developments and supporting business with consistency. With a sense of responsibility and focused determination, we face the business and economic developments worldwide preparing the Greek market for what comes next. We act as a bridge between Greece and the US, shaping from our side, those conditions that form a stable and strong partnership between the two countries. This time the crisis is global. Greece, struggling with the many challenges as all other nations in dealing with the COVID-19 pandemic, is proving that it can use its competitive advantages to become a pole of attraction, for international investments in technology development, sending a message to the markets, of a very positive investment climate. Greece is becoming the attractive global investment destination with companies from the US proving their trust in what our country has to offer. This is demonstrated by the significant investments made by Cisco, Pfizer, Deloitte, Microsoft and other US-based multinational corporations. The financial benefits from these investment initiatives are already visible while at the same time boosting specialized and high knowhow employment, proving that U.S. com-

panies are committed to raising the country’s next generation of new economy leaders. Technology, Real Estate, Infrastructure, Energy, Privatizations will continue to be the main sectors in which strategic business agreements and investments are implemented. Greece is able to convert issues into opportunities, stagnation into growth, anachronistic production models into a vibrant and competitive open economy that can create jobs, opportunities, and attract investment capital, while maintaining the interest of the investment community. With a strong narrative aided by the responsiveness of the political leadership, which is already demonstrating important results, teamwork and consensus, we can create the perfect framework for the recovery of the Greek economy. This restart begins with innovation and cutting-edge technology. In an ever-changing and highly competitive international marketplace, businesses are called upon to embrace digital transformation, not as a mere technological upgrade or basic modernization but as a critical strategic priority. In this environment, reforms are fundamental to improving the competitiveness of the economy, while the modernization of public administration, the adoption of friendlier tax policies, should also be among the priorities of the country’s reform agenda. In order for Greece to be at the center of developments, it needs modern and efficient administration, capable of implementing consistent public policy, while dealing with the legacy issues that have held it back until recently.



DIAMONDS of the Greek Economy 2021

Supporting & Enhancing Greek-Chinese commercial relations

Nikolaos C. Yannidis, Vice President, Hellenic Chinese Chamber (of Commerce, Industry, Tourism and Shipping - EKEBE)

The Hellenic-Chinese Chamber has not stopped its operation

42

DIAMONDS 2021

2020 was a year that almost all of us would like to forget. It was a year where real life took a sudden break, keeping us at a distance and in a standby mode. The whole planet was -and still is- dedicated to protect itself from the pandemic, a very unpredictable game. Fortunately, the majority of us, made it through. But this year had a positive side too. The digital transformation was accelerated globally by any means. One country after another, enhanced or even developed a substantially digital infrastructure to a certain degree, almost harmonious for all the countries of the world map. Because of this technological rally, We can now comfortably communicate with partners from China, Greece and from anywhere on the globe without interference, without delays and with safety. Changes in this area are vast and rapid and sometimes extremely difficult to understand, but this was and will be the next years, the only way to keep the economy’s cog moving. China is primarily the country with the most radical and vast effective solutions that manages to evolve both technologically and cultural aspects in one dimension: the present future. We all witnessed last year that China took the leadership in technological concepts like Big Data, Live Streaming, IOT and UHV power transmission. The pandemic forced almost everyone, in many of these sectors, to invest in such a way so as to continue to operate their economy in an effective way. 5G technology recently emerged in our lives for good: teleconference calls, presentations without physical presence and big projects are now our daily life, which in order to be succeeded, technology harmonization is necessary. China seems to play the key role, despite all the pressure exerted on it, and is leading through HUAWEI. Let’s keep in mind that China, in its domestic, is developing middle level technological solutions and inventions, because this has a huge purchasing power. In the area of goods transportation, we have encountered several difficulties in the past year mainly due to the pandemic. The mandatory -almost global- quarantine, affected the operation of carriers from country

to country and that resulted in severe delays of time in the delivery of goods. At the same time, as there is a shortage of containers worldwide, China’s import-exports have been affected severely. This resulted in an increase on fares from $2,000 to $10,000. Many Chinese ports were burdened with heavy traffic and as a result the operation was affected significantly and that caused chained delays to other ports delayed which were closed due to Covid. The price of many raw materials have increased sharply, credit days have decreased as well as repayment days and in many cases payment in advance is required prior to order. All these results in a further burden on the trade with Chinese partners. Concerning Golden Visa, also due to the pandemic, the Chinese people face many travel restrictions to and from Greece, so here is also a great stagnation. In the trade balance, we see a large gap between Greece and China, but it makes sense because of the size of the two countries. Thus, for 2020 the year ended with Greece’s exports to China amounting to 854 million euros (compared to 892 million in 2019) and imports from China at 3.743 million euros (compared to 4.061 million in 2019). In exports China is the 11th partner of Greece, while in imports is the 3rd partner. Clearly there is a room for improvement in our export capabilities, as Greek products are considered among the beet in terms of quality, but export protocols must be put in place and at the same time, more effective promotion of the quality for both products and regions of Greece is absolutely necessary. It is our wish to overcome the crisis of the Covid-19 pandemic and return more efficiently to everyday life and also be able to take advantage of the technology infrastructure built, due to the pandemic, to the maximum extent possible. The Hellenic-Chinese Chamber has not stopped its operation. It is in communication with all Institutions and Organizations, both European and Chinese and our concern is the erect operation of bilateral trade and bilateral relations.



DIAMONDS of the Greek Economy 2021

Germany is considered Greece’s most important strategic investment partner

Konstantinos Marangos, President of the German-Hellenic Chamber of Commerce and Industry

The aforementioned figures demonstrate the ever-growing interest of German Investors in the Greek economy

44

DIAMONDS 2021

The year 2021 is expected to be a milestone for the Greek economy. The country’s GDP will record high growth rates, following a 12-month period of deep recession due to the consequences of the pandemic crisis. The National Recovery Plan elaborated by the Government and the funds that will start flowing into the economy through the EU Recovery and Resilience Fund will form the two pillars of growth. The business forces of the entire country are already prepared to initiate a series of ambitious investment plans in key sectors of the domestic economy: energy - specifically the decarbonization of power generation - innovation and new technologies, tourism, real estate and logistics, the agri-food sector, pharmaceuticals and waste management. In all these areas, the German business and investment community has had a significant contribution, even during the ten-year crisis, both in terms of capital and on the level of know-how and expertise. It is now ready to cast a new vote of confidence for Greece, seeking to play a central role in the investment arena over the next 6 years. The reforms of the last years, especially in the field of digital transition, in conjunction with the ongoing strategic investments, are largely improving Greece’s image abroad as an investment destination, particularly in the current period when the restart of its domestic economy coincides with the restart of the European economy coming out of the Covid-19 crisis. There is no doubt that the “diamonds” of the Greek economy, the highly-performing businesses, will continue to “shine”, increase in number and enhance the importance of their investment or other initiatives. Over the last 97 years, the German-Hellenic Chamber of Commerce and Industry has been supporting the economic, investment and trade relations between the two countries, having a very strong base of 870 members, as well as

a close collaboration with the network of German Chambers of Commerce Abroad (AHKs), with 140 offices in 92 countries and 51,000 Member-Companies worldwide, offering a wide range of services. Through its structures it has contributed greatly, so that Germany is considered the most important strategic investment partner for Greece, in terms of total capital, holding the 1st place among the countries of origin of direct investment, with €8.2 billion of net direct investment in the period 2001 – 2019 and a share of 20.5%. Moreover, Germany also ranks first in terms of tourist arrivals and income for Greece, with 4 million arrivals of tourists from Germany per year, accounting for 12% of total tourists, and tourism income of 3 billion euro accounting for 16.3% of the total income. Furthermore, it is the second biggest export destination for Greece, with Greek exports in 2020 amounting to €2.4 billion, marking a 4.4% increase compared to 2019. According to the recent study of the Foundation for Economic & Industrial Research - IOBE - conducted on behalf of the German-Hellenic Chamber, which focused on its largest member-companies, the overall effect of the activity and investment of the Chamber’s member companies, in terms of GDP, amounted to €6.1 billion or 3.3% of GDP. Taking into account the multipliers used by IOBE, every 1 euro of added value generates 1.5 euro of GDP in other sectors of the Greek economy. Accordingly, in terms of employment, the total contribution has been estimated at 75,700 persons in 2019 or 1.7% of the country’s total manpower, while based on IOBE’s multipliers, every 1 job supports 2.2 jobs in the overall Greek economy. The aforementioned figures demonstrate the ever-growing interest of German Investors in the Greek economy. The German-Hellenic Chamber will continue supporting this attitude, role and position of German entrepreneurship in Greece, considering that the prospects of this bilateral cooperation will be even greater in the near future.


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DIAMONDS of the Greek Economy 2021

Significant prospects for investments and for stregthening UK – Greece business relations

Anna Kalliani, President of the British Hellenic Chamber of Commerce

BHCC plans to play a key role in facilitating investors from the UK having access to all necessary information and local partnerships 46

DIAMONDS 2021

Greece and the UK are historically and traditionally connected with strong and long-term ties of cooperation and friendship at business, political and cultural levels. UK is one of the top three countries for Greece tourism product; in 2019 a historical record of 3.5 million of British tourists was recorded, while tourism inflows reached €2.7 billion; these numbers were decreased by approximately 70% due to the pandemic. In 2020 UK represented 3.9% of Greece exports, while imports represented 2.2% (ELSTAT); exports of goods to the UK (source: UK Trade info) amounted to €1.24 billion in 2019 and €1.18 billion in 2020, while trade deficit of goods for Greece amounted to €146 million in 2020. The main export goods from Greece to the U.K. are: petroleum products, pharmaceuticals, food and beverages, aluminum products. The U.K. is a mature and significant market with growth potential for the Greek exporters who cautiously explore the future business opportunities after Brexit. The end of 2020 marked the end of the transition period for Brexit and the achievement of a Trade and Cooperation Framework Agreement (TCA) between EU and the UK, avoiding a no Brexit deal scenario and setting a new basis for the future overall relationship between the parties. The British Hellenic Chamber of Commerce (BHCC) has been closely cooperating with the Greek Government and the British Embassy in Athens to determine a strategy and an action plan relating to future bilateral business relations between UK and Greece. It also cooperates with the British Chambers of Commerce (BCC) to provide and convey additional information related to TCA, while exchanging views with the other UK bilateral chambers. Recognizing that it is standing at a crossroads of a new normality arisen from coronavirus pandemic and which is char-

acterized by the accelerating use of digital technologies, the transformation of business models, the emphasis on sustainability, BHCC has recently formulated a new dynamic Strategic Plan to further strengthen its presence and provide more targeted services to its Members. The BHCC is committed to contributing to Greece’s recovery and to becoming a pillar of growth for the Greek – UK business relations, a valuable liaison between the two governments. BHCC plans to play a key role in facilitating investors from the UK having access to all necessary information and local partnerships, so as to take advantage of the investment opportunities in Greece over the coming years. Significant opportunities and increasing interest for investments from the UK is shown in a variety of sectors, such as real estate and hospitality, energy, fintech, IT, logistics, education, shipping and not only. The challenges – both economic, but also geopolitical- that the country has been facing are immense. The scope is to implement the ambitious and carefully designed recovery plan for the Greek economy, absorb the EU funds and attract international investments in a way that will contribute decisively to Greece’s future sustainable growth path. It is also crucial to continue the implementation of structural reforms – including the speed up of the public sector digitization, minimize obstacles for investments, establish a stable and attractive tax framework over the long-term and give emphasis on education. What is crucial is all of us to cooperate constructively towards this direction. We have been living in challenging times, we must embrace cooperation and synergies in order to reshape our business environment and lives for the better and drive our economy and society to a positive path.


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DIAMONDS of the Greek Economy 2021

The new era laying ahead!

Laurent Thuillier, President of Franco-Hellenic Chamber of Commerce and Industry

France remains within the top 10 investors in Greece

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DIAMONDS 2021

Like many other organizations, the Franco-Hellenic Chamber took the opportunity of the recent pandemic crisis in order to restructure, adapt to the new sanitary conditions and look ahead to its future. With a clear ambition to serve with the highest standard its members and the bilateral economic development along with our traditional partners – embassies and economic services of the two countries, we are prepared for the new era to come. Firstly, we have recently moved in larger and operational offices, enabling us to offer lodging services to new French investors, willing to study the market conditions and make the first connections on site, before settling permanently. A recent Exceptional General Assembly allowed us to adopt new statutes to reform our governance and to be more flexible and reactive to market changes. Finally, despite the hit of the crisis, our Chamber has continued to serve prospects and members, offering various prospective missions, studies and getting accustomed to new technologies, organizing successful focused webinars, going from institutional matters to dedicated developing sectors. We are getting through with regained capacities to invest and expand, to develop new partnerships, facing the future with confidence. Franco-Hellenic trade results in 2020 were obviously impacted by the health crisis even though exports from Greece to France have significantly increased to approx. €1.8bn and a double-digit rise was observed (boosted by pharmaceutical products); imports from Greece to France have slightly dropped to approx. €2.4bn. The overall trade volume between the two countries has thus progressed, moving upwards to nearly €4bn.

Looking into more details, the top three French exported products are space and aeronautic, pharmaceutical, and beef meat, while Greek exports are focused on pharmaceutical and refined petroleum products. Compared to the previous year, trade balance remains positive to France in 2020 with a result of €0.7m. Notably, due to pandemic situation, French tourists were mostly absent during summer season with a drop rate of 66%. France remains within the top 10 investors in Greece, slightly above €1.5bn, representing 3.8% of FDI, still increasing but at a slower pace compared to others. However, some successes are noticeable, connected to privatization programs. In contrast, Greek investments in France are still modest, under €0.3m. Many expectations now arise for economic recovery and enhancement of our bilateral trade. The future is to be invented, integrating new management style, working environment, consuming methods and channels, innovative technologies and CSR awareness. Financial bases exist, thanks to the resilience of the Greek economy, protective measures to employees and corporations implemented by the government and EU Next Generation plan, out of which €32bn were allocated to Greece. Additionally, structural transformation, with the so-called Greece 2.0 plan, will significantly contribute to widening the investment gap from which Greece still suffers, and noticeably increase foreign investment attractiveness. French leaders are present in all key areas, strengthened in recent announcements from green transition, digitization, tourism or infrastructure. Within Europe, France and Greece long-lasting and strong relations will economically take benefit of reinforced and volunteering collaboration laying ahead.



DIAMONDS of the Greek Economy 2021

The pharmacy in the new environment in the post-Covid-19 era

Thanasis Mouchtis, General Manager, PEIFASYN Group

For the effective reorganization of the new services, it will be necessary to use the new digital tools and electronic platforms

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DIAMONDS 2021

The unprecedented outbreak of Covid-19 worldwide is a milestone in public health, lifestyle, work and everyday life, to the point that future references to time periods may be referred to as ‘pre-Covid’ and ‘post-Covid’ eras. Believing that we are entering a global ease of the pandemic, with relative control due to anti-Covid vaccinations, it is interesting to assess how tomorrow’s health landscape will be shaped, and the role of drugstores in this new environment. In addition to the upheaval caused by the pandemic in the organization of society, it also violently accelerated a second force: the explosive evolution of technology, which is leading developments. Electronic business and the digitization of private and public sector operations have been launched due to the lockdown of citizens around the globe. Society, businesses and all organizations in general, were forced to reorganize by launching digital functions and transactions. In addition to their classic work, pharmacies were called upon to take on an additional and huge volume of responsibilities and actions, effectively contributing to the control of the pandemic. These involved either organizing and scheduling millions of vaccinations, or controlling the pandemic by distributing millions of self-test packs and guiding citizens on how to use them. Unfortunately, the above substantial and enormous free actions were not recognized to their deserved extent by the State. Pharmacists are called upon to fight to keep their services and products from being available through other distribution channels. What is certain is that their future looks significantly richer in terms of the range of services they will provide.

Covid-19 and its mutations came to stay. Public health issues are anticipated to be more and more complex in the coming years, and those in charge see that the role of pharmacies in Primary Care is being significantly upgraded and strengthened. It has been recently found that pharmacies will have to invest in larger facilities with specially designed spaces, more advanced equipment and generally in larger units, in order to meet the new requirements of the health sector. Ongoing and more dangerous mutations of the coronavirus show the need for pharmacies to participate in the necessary vaccination of millions of citizens, who must first be convinced to do so. Pharmacists will have to come to terms with the idea of necessary and on-going training, but also with the continuous increase of the services provided by the pharmacy. The requirements do not only concern epidemiological surveillance and anti-Covid vaccinations, but also the implementation of other types of adult vaccinations. Their contribution to the control of increasing funds for Public Health can be significantly highlighted through their role in the commitment of patients to pharmacotherapy, but also through prevention services of common and widespread long-term diseases. For the effective reorganization of the new services, it will be necessary to use the new digital tools and electronic platforms, such as the electronic patient file with the continuous updating of the course of treatment, and monitoring drug interactions and side effects. All this, however, requires investment and support for the transformation of pharmacies into small Primary Care units, an issue to which Pharmacists’ Cooperatives can and should contribute.



DIAMONDS of the Greek Economy 2021

eCommerce growth drives the sector ACS Single Member S.A., member of Quest Group, is the leading company in the courier services sector in Greece. Throughout 2020, and despite the multiple challenges the company faced due to the pandemic, it demonstrated a positive track record of growth, with total revenue topping €127,5 million (+15,8% compared to 2019). Courier Postal Services are ACS’s main activity, accounting for approx. 89% of the company’s total revenue, followed by Mail Postal Services, accounting for approx. 9 % of total revenue. Apostolos Georgantzis, CEO, ACS Courier and Postal Services & CEO, Quest Holdings

Throughout 2020, the company successfully passed the COVID-19 stress test and demonstrated a positive track record of growth in the entire range of its activities 52

DIAMONDS 2021

In 2020, EBITDA rose to €16.8 million (up 7.2% over 2019), with EBT also rising to €13.9 million (up 5.4% over 2019). The firm’s courier activity growth in 2020 was favored by the overall growth of the courier services market, mainly due to the increase on online shopping caused by the pandemic, and it is expected to follow an upward trend in the next years, owing to the ongoing growth of e-commerce. In this context, the company implements the upgrading of its sorting/distribution facilities in Attica. This involves mainly the construction of a modern and high-capacity sorting center, expected to be completed in 2021, allowing for a three-fold sorting capacity increase compared to 2020. Based on ACS’s strategic plan, the company in the next years plans to invest additionally about €20 million in capacity and infrastructure upgrades,

as well as in customer experience improvements. Considering that in 2021, the courier services market is expected to continue to grow, fueled primarily by e-commerce growth, the company is upgrading its IT infrastructure and is offering new solutions to customers, while developing a point-of-sales network to better meet e-commerce customers’ needs, aiming also at increasing its market share. The mail postal services market is declining, due to the gradual substitution of mail by electronic communications, a trend that was accelerated during the pandemic period. Quest Group is one of the largest, dynamically growing and financially sound Greek Group of Companies, with activities in five (5) distinct areas: ICT products, IT services, Electronic Transactions, Postal Services and Renewable Energy. Quest Group, in 2020 generated revenue of €721 million, with more than €130 million (19%) coming from international activities. The Group has a long history in business value creation, and in recent years has managed to grow by at least an average of 17% yoy. The Group and its Companies’ mission is to create long term value for its stakeholders and to play a leading role in the markets in which they operate, based on the principles of sustainable development, and having as a driving force the people and the values of the Group.



DIAMONDS of the Greek Economy 2021

Bristol Myers Squibb Combining the best of biotech and the best of pharma to improve patients’ lives

Elizabeth Prodromou, Managing Director BMS Greece

We firmly believe that our mission is not complete unless our innovative medicines reach the patients who need them

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Today, Bristol Myers Squibb Greece is recognized as one of the top 25 most profitable organizations in our country. As Managing Director of BMS Greece, I am truly proud of everything this accomplishment stands for. But, at the same time, I take great pride in being part of an organization that puts patients first and offers to them innovative therapies that help them prevail over serious diseases. Acting on our commitment to transform patient’s lives through science, we have been lately focusing on accelerating development of new innovative medicines in therapeutic areas with the most demanding unmet medical needs: Oncology, Hematology and Autoimmune Diseases. Within this scope, Bristol Myers Squibb has recently divested its global over the counter (OTC) business to relocate resources on its R&D program and increased investments in next generation platforms and scientific excellence. In fact, as far as BMS Greece is concerned, we are investing in research and development by a percentage of the turnover considered among the highest in the industry, allowing our current clinical program to include 36 phase I-III clinical trials. In addition, BMS has been focusing on creating new partnerships and bringing in external innovation to augment our internal scientific capabilities and diversify our pipeline. The most recent examples are the acquisitions of Celgene and Myokardia that have bolstered our portfolio with breakthrough therapies for beta-thalassemia, blood malignancies and car-

diovascular diseases. Furthermore, without disrupting its top priorities, the company remains vigilant within the changing trends of local and global environment and contributes actively to social progress and welfare. Facing the outbreak of the COVID-19 pandemic, BMS reacted immediately to maintain sufficient disposal of its marketed products as well as addressed the novel unmet needs through building new relationships and expanding the already established ones, with Patient Advocacy Groups (PAGs) by supporting their COVID-19 relief activities. Moreover, the company has been collaborating with Rockefeller University to develop and deliver a double combination of SARS-CoV-2 neutralizing antibodies that will help prevent and treat COVID-19. Leading biopharmaceutical innovation is what drives our business, but BMS is much more than that. We firmly believe that our mission is not complete unless our innovative medicines reach the patients who need them. Therefore, we are committed to advocating for policies that facilitate patient access to treatments or help redefine public pharmaceutical expenditure, properly allocating hospital budgets and remove barriers to pharma industry’s sustainability and development, such as rebate and clawbacks. Nevertheless, I always keep in mind that BMS owes its success to its talented employees, who put patients first, as well as to its diverse and inclusive culture, that allows everyone to develop their full potential in a safe and agile environment.



DIAMONDS of the Greek Economy 2021

Since 1981 we move forward together!

Andreas Galanopoulos, President, PROSYFAPE Group

Always stand by the side of pharmacists and society

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PROSYFAPE Group, the largest pharmaceutical wholesaler in the country, celebrates its 40th anniversary. Being one of the 50 strongest companies in Greece, distributing - only in 2020- more than 50 million pieces and paying more than 100 million Euros in taxes, the Group is today one of the most important partners of the Greek pharmacist. In this course of 4 decades, it has always stood not only by the side of pharmacists and their patients - customers, but also by the Greek society, recognizing fully its social responsibility. In this context, the Group gives a thunderous presence in the coordinated, national effort to eradicate the COVID-19 pandemic. Specifically, through its subsidiary in Ioannina, SYNFA EPIRUS SA, has undertaken the distribution of vaccines in the area of Epirus and wider in Northwestern Greece. The unit meets the most modern quality and safety standards, ensuring seamless vaccines distribution. The training of its members is of particular importance for the Group. The continuous supply of knowledge is its main commitment, as only in this way the strengthening of the professional

pharmacist and his competitiveness will be achieved. “Good education ends up to good business.” For this reason, it organizes seminars and workshops at regular intervals. The Green Pharmacy Academy has a special contribution to this effort, helping the pharmacists - members of the Group to obtain important information on scientific issues. Finally, from September 2020, the PROSYFAPE Group redesigned and launched a technologically upgraded B2B platform, which offers an improved navigation experience, easy connection -without the need for installation by specialists- and interface with any existing pharmacy program for direct online ordering. This new tool has already achieved significant time savings and increased productivity of pharmacists. PROSYFAPE Group proves once again its main value, which has been a compass and guide to its successful journey and development for 40 years: “always stand by the side of pharmacists and society”. We are very proud to support tomorrow’s pharmacy today! Because together, we can do even better!



DIAMONDS of the Greek Economy 2021

The role of SMEs in the restart of the Greek economy, and measures the state should take to support them

Ioannis Chatzitheodosiou, President of Athens Chamber of Tradesmen

The most important step, however, that smalland medium-sized businesses have been waiting for, is none other than debt relief 58

DIAMONDS 2021

It is an indisputable fact that the Greek economy has many and important peculiarities, compared to the economies of other EU member states, with perhaps the most important one being its dependence on small- and medium-sized enterprises. And how could it be done differently since SMEs constitute 99.2% of Greek entrepreneurship. With this assumption, as it appears from official data, the attention of all - government, institutions, social partners - should focus on supporting these companies and professionals, given that services are an important part of Greek business. Given that we are in a process of restarting our economy following the outbreak of the health crisis and the resulting recession, as a Chamber we consider necessary to provide actual support to small and medium entrepreneurship. The first thing that we believe needs to be done is to draw up a support plan for retail, similar to that of catering and tourism. That is, companies that have been truly affected, should be subsidized with the necessary working capital. At the same time, additional financial tools must be found in order to boost companies’ liquidity in this critical period. Let us not forget that during the pandemic, a large percentage of smalland medium-sized enterprises failed to be included in any of the programs designed by the financial staff, due to the conditions that had been set. The most important step, however, that small- and medium-sized businesses have been waiting for, is none other than debt relief. The government

recently announced a program of hundreds of installments for taxpayers to settle their debts to tax authorities, insurance funds, banks. This is a perfectly correct move, as it is virtually impossible to repay so much accumulated debt, especially from companies that have been closed for months after a state order, as a measure to deal with the pandemic. But for most affected businesses, the only real solution would be to write off part of the debt created in the past 18 months, that is, during the health crisis. The remaining part could be repaid in installments, depending on the final amount of the debt. In fact, a solution being considered would greatly help the government, which is facing skepticism by creditors and partners in many of what it is planning. A so-called “haircut” of private debt is already being discussed in Brussels, as it is not only Greek companies facing such a serious problem. This development was revealed by three Greek MEPs, from various parties, in a recent webinar organized by the Athens Chamber of Tradesmen. Here is an opportunity for the EU to prove in practice that a united Europe can support entrepreneurship and provide prospects for sustainability to businesses and professionals who are currently on the brink of economic disaster. Let us just hope that there will be no delays, as there is no luxury of time and waiting. If small- and medium-sized enterprises --with the right help-- overcome the effects of the recession, then things would move in positive directions for both the economy and society.


Kalteq S.A.

Καποδιστρίου 185, Μοσχάτο Τ: 210 48 20 408 | kalteq@kalteq.gr www.kalteq.gr

Αναλώσιμα, Εργαλεία, Εξοπλισμός Ιατρικές λύσεις για τη σύγχρονη μονάδα υγείας Ενημερωθείτε για όλα μας τα προϊόντα και τις συνεργασίες μας με κορυφαίους οίκους απ’ όλο τον κόσμο

Δυναμικός Όμιλος Εταιρειών Υγειονομικής Περίθαλψης KALTEQ S.A.

Καποδιστρίου 185, Μοσχάτο Τ: 210 4820408 | kalteq@kalteq.gr www.kalteq.gr Υποκατάστημα Βορείου Ελλάδας Καπετάν Βαγγέλη 5 Θεσσαλονίκη


DIAMONDS of the Greek Economy 2021

Achaia Chamber: The pivotal role of the Chambers

Platonas Marlafekas, President of the Chamber of Achaia

During the crisis, technology has shown new directions, which means that we must adapt to the new conditions

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The beginning of 2020 carried many hopes for economic recovery, after a long period of recession, with positive signs to this direction. In this context, the Chamber took action in close cooperation with the Region of Western Greece and the productive Ministries, in order to highlight the comparative advantages of our region. My position also as President of the Management of European Programs of Epirus, Ionian Islands, Western Greece, and Peloponnese, and also of EFEPAE, strengthens the efforts in this direction. However, the development was completely different, and with the course of the health crisis, we were then forced to propose defensive policies to ensure the sustainability of the business environment. Thus, the Strategy was limited to supporting measures to address the painful consequences of this crisis. At the same time, however, we set important priorities for our region in the context of an overall effort to promote it as the third pole of our country. Undoubtedly, there has been extensive damage, especially in the retail and catering sectors which have been directly affected, but also in other sectors that have been indirectly affected, such as manufacturing and the supply chain. Lest we forget, the manufacturing sector suffered the greatest losses during Greece’s ten-year economic crisis and should be recovered. The local economy faces a lot of losses. An economy that was largely based on the presence of students in our city, should change direction. Income from housing, food, entertainment, etc. of this population will no longer be as before. Professionals whose standard of living depends on the day-to-day running of their business have found themselves in harsh position. This is where the government comes in with a series of measures to relieve entrepreneurs and workers, on a very large scale and in many forms. The Chambers have pivotal role as state advisors, to propose measures, to correct possible

problems and to propose interventions. We are currently preparing for the recording of losses, so that we can propose solutions of substantial results. It is imperative to express our positive view, which is necessary for the recovery of the economy. It is a positive aspect that the EU Recovery Fund will provide significant opportunities and a variety of financial tools. Personally, I am optimistic but at the same time I will point out that nothing will be achieved without hard work and dedication to goals. Everyone who believe in it should follow. During the crisis, technology has shown new directions, which means that we should adapt to the new conditions. Important investments and big projects will boost entrepreneurship and income. As an example I will mention the Patras Motorway, which is a completely mature investment included in the Development Law, and is also supported by the state. The implementation of this project will also attract other investments in the automotive industry and beyond. At the same time, it will create the conditions for significant investments in the hospitality, manufacturing and services sectors. We work closely with the University of Patras to link research and innovation with entrepreneurship, through the PATRAS IQ. We plan the connection of the agri-food sector with tourism and culture, and we support the digital convergence of companies. Moreover, the Chamber of Achaia participates in an international forum, and as a result it has succeeded in attracting and implementing European programs for the strengthening of entrepreneurship and the emergence of young entrepreneurs. There are currently 12 such programs running, which have benefited many small businesses and young entrepreneurs. Finally, the Management of European programs implements parallel supportive programs for various sectors and offers major opportunities to young people but also to companies that have a growth orientation.



DIAMONDS of the Greek Economy 2021

50 years of successful entrepreneurship

Themistoklis Sarasidis, Chief Executive Officer

At operational level, the pandemic made FARCOM wiser, faster, and more flexible

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From a commercial point of view, at global and national levels, the impact of the Covid-19 pandemic has been exceptionally significant. Since the pandemic is still raging, one cannot truly anticipate its ultimate outcome. However, all economic sectors, enterprises and various groups of employees have been affected, either positively or negatively. Established procedures, terms and conditions of operations and transactions, communication and working modes have changed within a few months, to an extent that would have taken years to implement under normal circumstances. These changes, in their entirety or in part, are here to stay as part of our daily routine, reflecting the flexibility and prompt adaptability of the human race. FARCOM is among the enterprises that withstood the pandemic, since it is active in a sector of consumer goods: on the one hand, a large share of company products meet first-line needs of consumers; on the other, the distribution channel the company uses was not affected by the successive lockdowns. However, such commercial opportunities cannot be attributed to luck alone. FARCOM celebrated its 50th anniversary in 2020. During its long operation, it has acquired top know-how, excellent organization, and a wealth of experience, which, combined with the firm’s strong economic position and sound infrastructure, made it possible for FARCOM to manage this challenge successfully. At the operational level, the pandemic made FARCOM wiser, faster,

and more flexible. Alternative solutions and paths were found, difficulties were dealt with immediately, procedures were further improved, and effective decisions were reached without delay. Company turnover was significantly strengthened in 2020, and this dynamism was maintained into 2021, despite adversities and the unforeseeable future of commercial activities. The firm’s objective is not merely to maintain this dynamism, but to further develop it. Within the year, a new ultramodern production plant is to start operation in Thessaloniki, deployed over a total area of 11,500 sqm, reflecting an investment valued at €10 million. The new plant complex comprises R&D laboratories, new production lines with state-of-the-art production machinery and packaging equipment; in addition, it will enable FARCOM to more than double its production capacity, paving the way for further growth in the years to come. And this is not all; FARCOM never stops investing in continuous education and training of its workforce and executives. The company keeps improving and developing its internal procedures and operations investing in new technologies. With a plan to reorganize and further develop the company’s commercial and marketing departments, FARCOM aims at reaching out to a broader consumer base, both domestically and abroad, consolidating its position as one of the major and most significant cosmetics industries in Greece.



DIAMONDS of the Greek Economy 2021

Quality, Innovation & International expansion The Power of Nature at the service of human needs Lily Perganta, President & CEO, Power Health

Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful. 64

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I strongly believe that success does not come by chance. It requires hard work, perseverance, patience, learning, sacrifice, and most of all, love for what you are doing, because when you really love what you are doing, faith grows bigger than your fears. Power Health is the first Greek company that believed in the efficacy of food supplements, opening the way to natural products, and is recognized as a significant chapter of the Greek economy for the past 36 years. Power Health’s mission is to offer a better lifestyle through high quality health products. We take advantage of the wisdom and power of nature and, along with science, we are close to the modern consumer with innovative formulations, even at international level, created by the well-established Research and Development Department. The Greek Pharmacy has been bringing us closer to the Greek Family offering natural and innovative solutions to health through high quality, safe and effective products. Power Health set up a strong basis, designing a new way of life that contributed to the creation of a new shelf in the Greek pharmacy, but also a sector that even though was initially disputed, along the way gave inspiration to others.

Power Health has expanded its business into the natural cosmetics market, under the brand name Inalia, offering an innovative range of natural cosmetics products for a premium complete skin care. The company has also made a substantial move with the acquisition of Provipax SA (Fleriana), a firm which specializes in natural repellents and household products. The acquisition is envisaged to add up to the company’s constant and steady growth to ever-growing market strength. We are proud to say that we have all the guaranties to represent Greek entrepreneurship by investing in three pillars: Quality, Innovation and International expansion. Despite the intense competition from the respective multinational companies, Power Health has established its position abroad and operates in 23 countries, gaining the trust of the foreign consumers. Always remaining faithful to our values, we have been fully committed to our first and foremost purpose: to bring with ethically and safety high standards the Power of Nature at the service of human needs.



DIAMONDS of the Greek Economy 2021

Greek extractive industry: Resilience in challenging times

Thanassis Kefalas, President, Greek Mining Enterprises Association

In this difficult time, the Greek extractive industry adapts to the situation and aims to continuously being a source of competitive advantage of our national economy 66

DIAMONDS 2021

Since the early months of 2020, the pandemic hit – unexpectedly – both the global economy and the Greek one. The Greek extractive industry faced unprecedented challenges: the health and safety of employees and subcontractors, the retention of employment levels, the containment of a decent level of investment and the delivery vis-à-vis customer needs in an environment of disruption of the supply chain became the absolute business priority. At the same time, the Greek extractive industry rose to the challenge and responded promptly to the needs created by the pandemic to support the National Health System as well as local health facilities and societies. Throughout this time, the Greek extractive industry held its production capacity at high levels, contributing to more than 3% of the GDP and supporting 100,000 quality job seats mainly in the Greek periphery. The extroversion of many of the industry activities was the key factor in retaining production capacity at high levels. The total value of exports typically exceeds €1bn on an annual basis while the share in national exports hovers around 10%. The share of exports versus the total value generated by the extractive industry approaches 50% and accounts for 75% of its total tradeable products. The key export destination of the extractive industry products is EU countries – accounting for 60% of total extractive industry exports. It is also worth noting that a large share of total exports (33%) is spread among several small-share countries showing high export dispersion. Compared to Greek exports, the extractive industry ranks fourth following agribusiness, chemicals, and equipment; Greece has the largest share of extractive industry exports in terms of total exports among the EU 28 – 8.2% for Greece while the EU28 average is

around 1.4% in 2016. To highlight the above, it is worth mentioning the doubling of marble exports in recent years, our ranking as the top bentonite exporter worldwide, our ranking as the top magnesite exporter in the EU and one of the top exporters of pumice worldwide. The key drivers behind this performance are: • The exploitation of a rich palette of high quality deposits, some of them described as world class • The deep knowledge of the competitive advantage of own natural resources and the gradual shift of the Greek companies to solution providers instead of raw materials producers • Logistics advantages thanks to large coastal line and the geographic position of the country as well as the rather cheap return freights of containers • The increasing internationalization of the domestic extractive industry while many of the companies are subsidiaries of large, multi-national groups or have established strong presence abroad with joint ventures, mining sites, or export distribution channels The extroversion of the extractive industry could set an example for the required transition to a new growth paradigm for the country. Growth in Greece must be based on reinforcing exports and foreign direct investment while capabilities for public expenditure and lending remain limited for the foreseeable future. The extractive industry contributes to the stabilization of the Greek economy and eventual growth through the high and increasing export share as well as its international character and ability to attract investments. In this difficult time, the Greek extractive industry adapts to the situation and aims to continuously being a source of competitive advantage of our national economy.



DIAMONDS of the Greek Economy 2021

Greek olive oil: a brand we must promote

Alkiviadis Kalampokis, President of the Exporters Association of Crete

State and companies should join forces and, based on the principles of Regional Marketing, promote our local product and highlight its quality excellence and advantages 68

DIAMONDS 2021

The olive oil industry has faced many challenges, such as the growing demand, special demands from specific markets, the instability of producer’s prices, the phenomenon of intense competition on the shelf. Italy and Spain do not leave much room for share, while at the same time new countries enter the market, making the competition even tougher. In addition, we have to deal with the new conditions imposed by the COVID-19 pandemic. In this environment, and despite any problems, opportunities for the development of standardization and exports of the olive oil are clearly created. Many consumers gain more knowledge about the nutritional value of quality olive oil by changing their nutritional habits and searching for products with an upgraded quality profile. Thus, they are looking for certified products, safe, with a stable taste and value, and the prospects for olive oil are good, as it is a staple food product, with recognized high nutritional value in many countries. Lately, olive oil companies and organizations involved have made efforts to promote this excellent product and boost Cretan exports. Exporters have begun realizing that excellent product quality is not enough to establish their products abroad, but they also need to focus on other features, such as product appearance (packaging, label), certifications, awards. At the same time, they are renewing their mechanical equipment, developing ideas and producing innovative products. As a result, more and more branded Cretan olive oils occupy prominent positions on shelves of large super – market chains abroad. However, any efforts made are not

following a specific national strategy. Despite the fact that exports of bottled olive oil have increased recently, the rate of this growth is slow and we still have a long way to go. Although over 65% of the total olive oil production of our country is classified in the category “Extra Virgin Olive Oil”, a percentage higher than the European average, we still export large quantities of olive oil (about 30%) in bulk to Italy and other countries. Also, exports of standardized olive oil are lower than 15% of our total production, while at the same time only 4% of the olive oil being exported to non-EU countries is Greek, in contrast to Portuguese which is 10%, Italian 33% and Spanish 52%. The above data show an inability of the branded Greek olive oil to stand worthy on the shelves of the large distribution abroad and to claim not only recognizability but also added value. One of the main reasons for this is the long – term absence of export marketing strategy and structured promotion for Greek olive oil, when competing countries invest significant funds on it. We therefore conclude that in order to improve the situation and create conditions for strengthening the exports of branded Greek olive oil, the companies need the assistance of the state. State and companies should join forces and, based on the principles of Regional Marketing, promote our local product and highlight its quality excellence and advantages. We can learn from the mistakes of the past, the right examples from competing countries, be flexible and see how this can finally be reflected in actions, activities and then, as a final valuation, in exports and statistics.



DIAMONDS of the Greek Economy 2021

The importance of the National Recovery and Resilience Plan and the contribution of management consultants in its implementation

George Raounas, Chairman of the BoD of SESMA (Hellenic Association of Management Consulting Firms), Partner with KPMG Advisors

The EU Recovery Fund is a huge opportunity for the Greek economy, but at the same time a great challenge for all parties involved

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A significant matter that SESMA is facing relates to the National Recovery and Resilience Plan “Greece 2.0” implementation and the role of management consultants in this effort. According to reports, Greece will be able to utilize a €19-billion grant plus a €13-billion loan. Greece’s economy experienced Covid-19 and its repercussions at a time when it was trying to leave behind a ten-year debt crisis. The EU Recovery Fund is a huge opportunity for the Greek economy, but at the same time a great challenge for all parties involved in the planning, implementation, monitoring, assessment of completion and evaluation of results achieved. According to a recent survey carried out among SESMA member firms, regarding the priorities for the effective use of the Fund’s resources, management consultants considered that the first priority was the good and rational planning of the projects to be financed. The second important factor was the attraction of private investment, followed by the need to utilize framework contracts with the companies which will implement the projects and the need to introduce the proper legislation to speed up the award, execution and acceptance of funded projects. As regards the potential risks related to the effective utilization of the €19 billion through the implementation of important projects included in the Plan, management consultants – members of SESMA,

considered that the delays in project assignments and the low maturity level of important projects are the most important issues. Therefore, it is our firm position that, without careful and detailed planning, the proper implementation of the projects is at risk, but, in any case, success will only be assessed upon completion. So, we need to stress that meeting the deadlines is an extremely critical factor. It has been clarified that the grant will not be disbursed if the funded projects are not properly completed by August 31, 2026. In view of this, the recent SESMA survey showed that the following three issues are particularly important: mobilization of private funds; proper legal framework for the assignment of projects and resolution of objections; and, effective project monitoring and management structures. As regards the €13 billion that will be channeled to the real economy, 50% will be provided as a very low interest rate funding, while 30% will be provided by the banks and 20% as equity. Apparently, banks will be willing to support good companies that will be able to present convincing business plans. Again, the involvement of consulting firms is crucial. In conclusion and assuming that the Restructuring Plan will be successfully implemented, we are optimistic about the financial future of the country. Even though 2021 will be hit by the pandemic, the prospects for 2022 and beyond look brighter.



DIAMONDS of the Greek Economy 2021

The Beauty Industry on a steady course

Theod. Giarmenitis, President, Hellenic Cosmetic, Toiletry and Perfumery Association (PSVAC)

The Beauty Industry has a lot of room for growth in both innovative products and services

72

DIAMONDS 2021

Pericles had said to the Athenians: “Opportunities don’t wait,” which is still true especially now that our times are proving to be impatient and rapidly changing. Nowadays, the prospects in the field of information are changing at a demonic pace and the internet is a source in a different environment and one of the most appropriate media. The Hellenic Cosmetic, Toiletry and Perfumery Association (PSVAC) throughout these years has enjoyed the recognition of public, private and social bodies. Particular attention was paid to trade, environmental and sustainability issues. Our relationship with the association Cosmetics Europe has developed constructively throughout this period, with frequent contacts and results. The Association’s Legislative, Export and Public Relations Committees are composed of experienced executives of PSVAK member companies, producing valuable work. Our achievements include the unity of our members in so many different networks of the market, retaining a large number of members, and the fulfillment of their financial obligations. The same is true with our excellent relationship with cosmetics companies’ employees working as beauty consultants / beauticians. The Association enjoys great support from Affiliated Members (raw materials, product portfolio creation, new product research & development, marketing, logistics). The work of PSVAK’s General Directorate includes some very important responsibilities, as the body is the backbone of the Association’s operation, and members rely heavily on it.

The Covid-19 pandemic is likely to weaken by the end of 2021. Certainly, the country’s finances are in difficulty. A new growth model must be promoted throughout the European economy. Measures have already been announced by the European Commission in time. Our real economy in the future will be based on company mergers and investments, with an emphasis on tourism, logistics, exports, research and production. In addition, it is necessary to support companies through cuts in their debt to the State. The Beauty Industry has a lot of room for growth in both innovative products and services. In 2019 there was a recovery in both wholesale (€700m) and exports (€350m). We hope for the opening of the physical store and e-commerce (+46%) for the normalcy of the market. The industry’s cooperation with the retail sector (supermarkets, pharmacies, door-to-door, aesthetic & wellness centers, monobrands, hotel spas, etc.) allows us to hope for a much better tomorrow. Our market is on track as long as we don’t experience further lock downs. Finally, the Association places special importance on the issues of climate change and cosmetic products safety. The industry’s new management methods prove that green growth concerns everything and revolves around basic rules, the economy, society and the environment. It goes without saying that the Beauty Industry has a direct interest in and is highly aware of sustainable development. In addition, the resources of the Recovery Fund will help strengthen our Industry.



DIAMONDS of the Greek Economy 2021

Greek fruit and vegetable exports reached 1.7 million tons in 2020 valued at 1.312 billion euros, setting an all-time record The Covid-19 pandemic altered our life style and 2020 will go down as the year breaking all-time records, as well as the year of extreme hardship for the supply chain, growers and traders in the fresh produce sector. A huge effort went into dealing with the unique circumstances resulting from the pandemic. The effort to overcome these adverse conditions which still persist to this day - has yielded wonderful results in Greece’s F&V sector. Crop yields were maintained, while supplies to the domestic as well as European markets increased both in volume and value. Unforeseen circumstances in harvesting, packaging and transport were gracefully overcome. Greek fruit and vegetable exports in 2020 reached 1.7 million tons following an increase of 6.4% over the previous year, with earnings of 1.312 billion euros accounting for a 13,7% jump in value. This information is based on Hellenic Statistical Authority (ELSTAT) data. Vegetable exports reached 246.2 thousand tons (a 4.0% increase compared to 2019), with a a value of 176.7 million euros (up 1.1%). Overall vegetable exports show a rising trend with a notable exception for cucumbers which are on the decline. As

Greece maintains a stable production of F&V at about 7.5 - 8.0 million tons over the past 15 years 74

DIAMONDS 2021

regards fruits, volumes reached 1.452 million tons (a 6.8% increase on 2019), earning 1.135 billion euros (up 16.0%). Our Association views the above data for 2020 as reflecting an overall positive development while setting an alltime record in terms of volumes and at the same time raising the average price per unit for our products. Mandarins achieved a new record at 116.740 thousand tons. So did strawberries at 54.770 thousand tons. At the same time, in 2020 there was a significant drop in imports into our country, by -9.7% in volume and by -9.6% in value. The drop was mainly recorded in vegetables -14.8% by volume, and by -17.6% in value, mainly in onions, tomatoes and potatoes. The 2020 trade surplus in F&V valued at €1,608 billion totally compensated for the following trade deficits: - meat and byproducts sector: -€948.3 million - dairy sector (including bird eggs): -€13.2 million - live animal sector (excluding fish): -€37.3 million - cereal and byproducts sector: -€196.06 million - animal feed sector: -€428.03 million This highlights the importance of the F&V sector in our country’s agriculture trade balance. Greece maintains a stable production of F&V at about 7.5 - 8.0 million tons over the past 15 years. During this period, exports have increased significantly from 1,027,568 tons (valued at €718,847 million) in 2007 to 1,698,452 tons (valued at €1,312 billion) in 2020. These figures account for an increase of 6.4% in volume and 13.7% in value compared to just 2019. Even though we consider 2020 as a good year in general, it was not without some chronically persistent issues such as illegal

trade without any added value or required fiscal or phytosanitary documents. Should illicit trading was to be eradicated, then the agricultural trade surplus of €510,953 million would stabilize simply by officially registering the underground trade. We note a lack of official policy and strategy as regards agri products and a very clear need for one, both with regard to cultivation and trading (particularly export trade). For example, the F&V sector is in dire need of reform as demand will soon outstrip supply as soon as domestic consumption returns to pre-financial crisis levels. We expect the global fruit trade to increase due to a rise in population, but also due to improved prosperity. Fruit production rises by about 2% per annum, while trade rises by 7% per annum. To deal with the challenges of increased demand, better quality, safer products, but also the diversification of products offered by our country, it is imperative to adopt new policies. In addition, improved cultivation methods, cool chain infrastructure, storage, packing and logistics will make us more competitive, viable and extrovert. Therefore, a new national strategy must be implemented. Studies are required on the outlook of consumer markets and trends so as to design the restructuring of currently cultivated crops, taking into accounts traditional crops. It is necessary to specify growing areas by crops, adding new varieties and prolonging growing and trading periods. The authority for such an endeavor lies with the Council of Agricultural development, which needs to be reactivated and supported by representatives from production and trade institutions. The same Council will need to address the organic sector.

by George Polychronakis, Special Counselor INCOFRUIT – HELLAS



DIAMONDS of the Greek Economy 2021

Different year, different challenges

Konstantinos Apostolou, President of the Greek Canners Association (EKE)

Our local communities, farmers, workers and all related sectors depend on our success

76

DIAMONDS 2021

The year 2020 will be remembered by all of us as one of the most extraordinary years. The food industry is no exemption. For the Greek fruit processing industry, the year was characterized by record exports. Exports of Greek canned peaches rose to 303,000 tons, the biggest export volume since 2002. However, not all segments of the market performed equally. The demand for processed fruits in retail sizes skyrocketed. However, shipments of final products for use in HoReCa stopped completely. Large quantities of processed fruits are consumed in hotels, restaurants, open buffets and cafés, but all such places were shut down in most countries for many months. Therefore, production was adjusted last season. More products for retail and less for HoReCa were produced. As we now prepare for the beginning of another season, few stocks are still in our warehouses. One of the greatest concerns for our industry since 2019 is the trade dispute between the EU and USA, which led to the imposition of an additional tariff of 25% for the entrance to the US market of most processed fruits of Greek origin. The good news is that the tariff was suspended in March for a four-month period. It is positive that the two sides put an effort to find a final solution to the dispute. We hope that at the end of the suspension period, the tariff will be removed definitely. However, we remain cautious since there can be no certainty about the result of any negotiation.

Unfortunately, the new season begins with an even greater problem. The agri-processing sector is one of the most affected by climate change. The weather conditions during winter were not ideal for the production of the fruits used by our industry as raw material. Even worse, during late March and early April, two periods of frosts affected most fruit producing regions in Greece, leading to the destruction of a sizeable part of expected production. We expect a drop of at least 50% in peaches and 60% in apricots. This will lead to an underused processing capacity and the rise of costs. Production of final products will be halved as well. Greek processors will be unable to meet demand from all markets. Our place in the market will be in danger, since competition will try to replace us. It is worth mentioning that the last time frost affected our production, in 2003, it took us 3 to 4 years to restore our connections on the market and reclaim our place. Therefore, the challenge of this season will be to manage our production, thinking long-term. Our local communities, farmers, workers and all related sectors depend on our success.



DIAMONDS of the Greek Economy 2021

A new distinction of the elderly business BARBAYANNIS LIQUOR DISTILLERIES LTD OYZO BARBAYANNI, the company that established the terms “Ouzo from Plomari” and “ouzo by distillation 100% “, with more than 160 years of continuous presence in the Greek market is a rare example of a family business which for six consecutive generations protects with astonishing consistency a unique tradition, given to us from Lesvos. It is the “Barbayanni ouzo”, a 100% Greek family-owned company which has been operating continuously since 1860 on the frontier Plomari village of Lesvos, at the helm of which today is the 5th & 6th generation, which offers to the international market a traditional, authentic Ouzo from 100% distillation. In 1996, the Ouzo Museum of the Barbayannis family was established the first thematic museum for our national product worldwide - which attracts thousands of visitors to the beautiful Aegean island. After joining in the “ELLA-DIKA MAS” initiative, of the Greek-certified companies ,in 2016 “Ouzo BARBAYANNI – FROM PLOMARI LESVOS”, and its being selected in the top Corporate Super brands in Greece in the category of alcoholic beverages, in the framework of the competition of the world-renowned SUPERBRANDS institution, a

new distinction is added to its assets by being selected it in the list of the Healthiest Growing Enterprises of Greece at the DIAMONDS OF THE GREEK ECONOMY 2018, a prize for business excellence awarded by NEW TIMES PUBLISHING for 15 years. This distinction recognizes the successful multi-year presence of OUZO BARBAYANNI in the Greek Beverages Industry as well as the continuous strengthening of its export activity, which is growing at a number of markets abroad. In 2017, the company increased its sales by 7%, while its exports were consolidated in the traditional foreign markets (Europe, Cyprus, and USA) and also increased in new markets. By these standards OUZO BARBAYANNI continues-on the Greek frontier Plomari village of Lesvos Island - without any simplifications and discounts on quality, giving plenty of its time and big effort, to offer to the lovers of quality a 100% distilled ouzo , while preserving with devotion the founder’s diachronic principles respect for tradition, commitment to quality, with love to the human and the environment, making Ouzo Barbayanni a point of reference for Greek Distillery and the traditional products of modern Greece.

Plomari, 81200, Lesvos, NE Aegean Islands, Greece, Tel. +30 22520 32741 or +30 22520 33300, Fax: +30 22520 32231 Email: info@barbayanni-ouzo.com, Website: www.barbayanni-ouzo.com

78

DIAMONDS 2021


THE MOST ADMIRED ENTERPRISES

(Based on 5 criteria)


Building every day

the most important piece...

Online Shipping News City Plaza, Λ. Βουλιαγµένης 85, 16674, Γλυφάδα info(at)pencilteam.com, Tηλ. Κέντρο: 212 102 1628



Equity 2019

Total Liabilities 2019

Return on equity 2019

Turnover 2019

Net proft rate 2019

Profit 2019

Equity to borrowed capital ratio

Company Name

1-40

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria) Profitability Increase 2019 vs 2018

DIAMONDS of the Greek Economy 2021

1 COCA - COLA TRIA EPSILON (3E)

18.900.000

475.000.000

15%

152.700.000

151.600.000

1,0

\

12%

2 JUMBO S.A.

80.494.600

414.556.835

10%

786.391.084

409.088.207

1,9

19%

10%

3 PAPASTRATOS TOBACCO S.A.

98.572.383

413.689.406

191%

320.122.409

117.813.715

2,7

24%

31%

4 ATHENIAN BREWERY S.A.

28.975.354

334.514.955

65%

138.040.903

95.155.686

1,5

9%

21%

5 SHELL & MOH SA AVIATION FUEL

14.762.448

324.245.878

13%

17.395.506

14.408.493

1,2

5%

85%

SUPPLY & SEWERAGE CO OF 6 WATTER ATHENS (EYDAP) S.A.

84.047.000

323.744.000

5%

951.384.000

611.738.000

1,6

26%

9%

7 GERMANOS S.A.

11.788.000

302.114.000

232%

136.804.000

136.488.000

1,0

4%

9%

8 HELLENIC DUTY FREE SHOPS S.A.

51.430.000

289.999.000

16%

491.720.000

282.117.000

1,7

18%

10%

9 SOYA HELLAS S.A.

8.613.573

279.937.937

9%

74.533.832

53.889.079

1,4

3%

12%

130.209.000

243.349.000

31%

866.801.000

548.086.000

1,6

54%

15%

11 SEKA BUNKERING STATIONS S.A.

10.352.057

223.433.153

30%

38.111.265

16.271.558

2,3

5%

27%

12 BIC VIOLEX S.A.

28.610.749

203.507.435

162%

211.915.817

37.016.977

5,7

14%

14%

13 PFIZER HELLAS S.A.

25.266.111

195.496.977

37%

187.828.877

107.402.807

1,7

13%

13%

14 PROMETHEUS GAS S.A.

17.550.783

189.802.229

17%

49.251.640

20.075.459

2,5

9%

36%

10 DESFA S.A.

15 HERACLES GENERAL CEMENT CO. S.A.

7.377.000

188.789.000

574%

261.328.000

216.151.000

1,2

4%

3%

16 PAPADOPOULOS E.I. S.A.

14.098.302

173.838.754

17%

113.605.691

70.414.114

1,6

8%

12%

17 LANDIS + GYR S.A.

10.403.582

159.718.664

9%

37.868.761

28.639.104

1,3

7%

27%

18 SARANTIS G. S.A.

78.480.932

149.947.139

1918%

196.552.433

105.790.561

1,9

52%

40%

19 CRETA PLASTICS S.A.

27.937.000

144.499.000

15%

189.906.000

21.825.000

8,7

19%

15%

ATHENS DIAGNOSTIC & 20 HYGEIA THERAPEUTIC CENTER S.A.

27.599.000

143.106.000

85%

175.772.000

133.253.000

1,3

19%

16%

21 FIBRAN ANASTASSIADES D. S.A.

14.408.915

137.541.192

2%

105.881.797

18.479.250

5,7

10%

14%

22 OPTIMA S.A.

10.446.529

137.220.615

12%

56.133.977

40.382.887

1,4

8%

19%

23 AGROINVEST S.A.

15.083.187

122.578.794

27%

93.728.725

18.941.022

4,9

12%

16%

24 TASTY FOODS S.A.

7.877.461

117.492.370

14%

31.994.706

24.519.384

1,3

7%

25%

25 PETROPOULOS P. S.A.

5.027.000

116.981.000

32%

34.917.000

29.296.000

1,2

4%

14%

COCOA & CHOCOLATE 26 ION MANUFACTURERS S.A.

11.606.905

113.561.913

10%

65.813.623

62.713.663

1,0

10%

18%

27 CHIPITA S.A.

84.916.000

113.151.000

257%

475.939.000

236.315.000

2,0

75%

18%

28 KRI-KRI DAIRY INDUSTRY S.A.

17.569.589

112.902.961

23%

66.106.420

41.232.156

1,6

16%

27%

29 ACS S.A.

13.200.125

110.079.036

7%

37.291.034

31.721.805

1,2

12%

35%

30 JOHNSON & JOHNSON HELLAS S.A.

12.237.367

109.422.958

78%

181.251.417

16.919.718

10,7

11%

7%

REAL ESTATE INVESTMENT 31 PRODEA COMPANY S.A.

239.766.000

107.909.000

148%

1.345.328.000

683.438.000

2,0

222%

18%

3.824.239

100.584.409

8%

91.808.603

71.036.947

1,3

4%

4%

12.097.177

97.282.792

29%

31.617.390

19.472.325

1,6

12%

38%

32 LOULIS MILLS S.A. - INSTITUTE FOR PHARMACEUTICAL 33 IPRT RESEARCH & TECHNOLOGY S.A. 34 MAVROGENIS ANASTASIOS S.A. 35 GOLDAIR HANDLING S.A. 36 HENKEL HELLAS S.A. 37 AMVYX S.A.

8.997.297

96.191.398

178%

84.445.538

26.783.265

3,2

9%

11%

13.274.628

95.216.278

26%

30.250.639

23.946.859

1,3

14%

44%

3.607.680

92.831.590

14%

28.264.010

18.607.890

1,5

4%

13%

5.834.215

87.275.080

19%

31.685.263

19.370.655

1,6

7%

18%

38 PAVLIDIS MARBLE-GRANITES S.A.

62.110.261

84.064.312

52%

154.091.941

66.720.411

2,3

74%

40%

39 ARAMBATZIS MICH. S.A.

10.361.000

83.100.000

4%

54.386.000

27.492.000

2,0

12%

19%

40 KLEEMANN HELLAS S.A.

4.054.484

83.024.950

199%

61.714.722

51.750.276

1,2

5%

7%

sorted by Turnover of 2019

82

DIAMONDS 2021



Turnover 2019

137.566.449

82.414.923

6864%

122.083.476

87.725.123

1,4

167%

113%

6.561.057

81.651.985

38%

46.318.426

38.709.799

1,2

8%

14%

43 KARATZIS S.A.

22.424.548

79.763.739

132%

145.616.736

88.105.142

1,7

28%

15%

44 EPIROTIKI BOTTLING COMPANY S.A.

Company Name

41 BRISTOL-MYERS SQUIBB S.A. 42 ELVIAL S.A.

Equity 2019

Total Liabilities 2019

Equity to borrowed capital ratio

Profit 2019

Return on equity 2019

41-83

Net proft rate 2019

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria) Profitability Increase 2019 vs 2018

DIAMONDS of the Greek Economy 2021

13.821.535

79.118.240

12%

103.568.677

28.548.586

3,6

17%

13%

45 REYKAP S.A.

7.196.370

78.264.837

220%

47.431.721

30.505.348

1,6

9%

15%

46 JOTIS S.A.

6.944.185

76.422.869

22%

44.224.768

36.122.899

1,2

9%

16%

47 KAFEA TERRA FOOD & DRINKS S.A.

10.444.319

72.908.508

26%

40.237.725

25.954.707

1,6

14%

26%

48 ALOUMAN S.A.

4.370.656

72.114.940

99%

24.090.769

19.021.547

1,3

6%

18%

49 ISOMAT S.A.

7.332.560

68.105.456

44%

43.432.292

20.802.606

2,1

11%

17%

50 VOLVO CAR HELLAS S.A. 51 ARIVIA S.A. 52 BEIERSDORF HELLAS S.A.

8.727.678

65.669.615

92%

14.475.484

9.123.915

1,6

13%

60%

20.261.521

62.812.844

36%

34.924.433

19.378.737

1,8

32%

58%

5.325.349

61.818.049

5%

23.007.744

12.343.885

1,9

9%

23%

53 ROLEX HELLAS Α.Ε.

12.610.631

61.431.837

10%

11.827.934

931.695

12,7

21%

107%

54 COCA - COLA HBC LTD.

13.000.000

61.400.000

132%

258.600.000

28.600.000

9,0

21%

5%

55 AMGEN HELLAS PHARMACEUTICALS LTD.

2.396.420

60.085.239

9%

32.058.208

29.532.237

1,1

4%

7%

56 VIVECHROM DR. STEPHANOS D. PATERAS S.A.

11.739.459

60.046.664

21%

21.293.335

17.705.122

1,2

20%

55%

57 ATTIKI GAS SUPPLY S.A.

24.154.749

57.939.567

55%

265.672.530

48.552.408

5,5

42%

9%

58 THESSALONIKI - THESSALIA GAS SUPPLY S.A.

26.597.000

56.678.000

8%

283.084.000

69.821.000

4,1

47%

9%

59 KAMARIDIS GLOBAL WIRE S.A.

4.143.978

56.468.212

23%

43.913.884

12.167.357

3,6

7%

9%

60 CHITOS S.A.

6.170.444

55.143.887

4%

33.880.303

11.655.195

2,9

11%

18%

61 VRIKO S.A.

4.277.499

54.425.588

22%

21.955.846

15.002.069

1,5

8%

19%

13.499.686

52.926.004

14%

92.054.235

2.627.199

35,0

26%

15%

63 KNAUF S.A.

6.041.969

51.538.128

1%

33.143.953

23.290.892

1,4

12%

18%

64 MERCK PHARMACEUTICALS - CHEMICALS S.A.

2.025.114

50.032.231

18%

19.997.090

8.326.522

2,4

4%

10%

65 GATENIO D. S. & SON S.A.

3.927.707

48.520.331

10%

6.164.013

3.159.593

2,0

8%

64%

66 FCA CAPITAL HELLAS S.A.

2.830.584

48.322.569

16%

46.500.297

31.199.126

1,5

6%

6%

67 ALCHIMICA S.A.

9.565.942

47.904.584

93%

21.928.092

12.195.532

1,8

20%

44%

68 THANOPOULOS D. S.A.

2.876.807

47.528.378

27%

14.663.749

7.105.483

2,1

6%

20%

69 MICHOPOULOS A. S.A.

6.177.200

44.104.645

250%

18.463.672

2.796.365

6,6

14%

33%

70 EPIRUS S.A.

1.973.401

43.410.104

3%

48.438.813

6.270.571

7,7

5%

4%

71 BALLIAN TECHNIKI S.A.

3.882.587

42.710.552

92%

8.869.888

6.853.479

1,3

9%

44%

72 HEMPEL COATINGS ( HELLAS ) S.A.

6.170.909

42.085.923

29%

11.812.139

6.995.814

1,7

15%

52%

73 D. & S. ANASTOPOULOS S.A.

2.068.333

41.882.665

65%

13.271.318

13.076.607

1,0

5%

16%

43.588.051

40.672.509

6%

51.653.168

25.188.181

2,1

107%

84%

75 PAPAFILIS MILLS S.A.

1.918.342

40.496.059

4%

43.720.240

4.131.275

10,6

5%

4%

76 MAKIOS S.A.

3.586.061

39.904.994

18%

26.096.866

25.896.877

1,0

9%

14%

77 IONIAN CHEMICALS S.A.

2.068.816

39.643.210

72%

7.068.336

6.577.782

1,1

5%

29%

78 TUPPERWARE HELLAS S.A.

3.623.475

39.055.148

6%

8.543.302

7.314.491

1,2

9%

42%

79 FRONERI HELLAS S.A.

3.285.965

38.653.978

74%

40.451.685

6.465.647

6,3

9%

8%

80 PET CITY S.A.

4.987.720

38.557.734

10%

16.560.240

6.589.075

2,5

13%

30%

81 E TRAVEL S.A.

62 KORONAKIS D. S.A.

TELECOMMUNICATIONS & 74 HELLENIC POST COMMISSION (EETT)

27.382.141

38.231.446

38%

32.084.656

13.865.468

2,3

72%

85%

82 KOUKOUTARIS A. “ALFA” S.A.

3.944.717

37.240.553

35%

38.385.251

15.426.861

2,5

11%

10%

83 EURIMAC S.A.

3.873.632

36.568.283

17%

39.332.175

7.680.631

5,1

11%

10%

sorted by Turnover of 2019

84

DIAMONDS 2021


ΟΛΟΚΛΗΡΩΜΕΝΕΣ ΛΥΣΕΙΣ ΑΣΦΑΛΕΙΑΣ H ΧΟΝΔΡΙΚΗ ΠΩΛΗΣΗ ΣΥΣΤΗΜΑΤΩΝ ΑΣΦΑΛΕΙΑΣ & CCTV H ΚΕΝΤΡΟ ΛΗΨΗΣ ΣΗΜΑΤΩΝ ΚΑΙ ΕΙΚΟΝΑΣ H ΣΤΑΤΙΚΕΣ ΦΥΛΑΞΕΙΣ H ΜΕΛΕΤΕΣ ΑΣΦΑΛΕΙΑΣ H ΠΕΡΙΠΟΛΙΕΣ - ΑΜΕΣΗ ΕΠΕΜΒΑΣΗ Επίσημος Αντιπρόσωπος

ΘΕΣΣΑΛΟΝΙΚΗ: SHOWROOM: 12ο χλμ. Ε.Ο. ΘΕΣΣΑΛΟΝΙΚΗΣ-ΝΕΩΝ ΜΟΥΔΑΝΙΩΝ | THΛ. 2310 478760, FAX 23940 383044 ΑΘΗΝΑ: ΠΑΡΑΔΕΙΣΟΣ ΑΜΑΡΟΥΣΙΟΥ | ΤΗΛ. 210 5748041, FAX 210 5748058 www.megaguard.gr www.facebook.com/megasprintguard

www.linkedin.com/company/megaguard


Equity 2019

Total Liabilities 2019

Return on equity 2019

Turnover 2019

Net proft rate 2019

Profit 2019

84-126 Equity to borrowed capital ratio

Company Name

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria) Profitability Increase 2019 vs 2018

DIAMONDS of the Greek Economy 2021

84 LOUIS VUITTON HELLAS S.A.

12.155.788

35.683.422

32%

9.705.549

2.381.548

4,1

34%

125%

85 LOUX MARLAFEKAS S.A.

10.892.158

35.333.594

160%

39.141.120

9.616.751

4,1

31%

28%

86 MEGAPLAST S.A.

7.163.131

34.123.039

5%

36.851.648

9.940.769

3,7

21%

19%

87 ZANCOU SHOES I. A. KOUROUNIOTIS S.A.

2.710.597

33.759.749

3%

35.168.363

5.021.393

7,0

8%

8%

88 ALPLA GREECE S.A.

7.724.572

33.574.720

426%

47.089.821

6.846.771

6,9

23%

16%

89 KARALIS S.A.

4.877.487

33.478.332

21%

28.059.660

8.875.734

3,2

15%

17%

90 H. B. BODY S.A.

6.583.207

33.426.617

1%

66.891.331

2.964.194

22,6

20%

10%

91 KEPENOS MILLS S.A.

1.802.208

33.414.196

148%

20.210.819

18.226.201

1,1

5%

9%

92 STERGIOU S.A.

4.056.791

33.342.861

1%

16.899.345

4.820.142

3,5

12%

24%

93 KONTARATOU J. & F. S.A.

3.051.016

33.171.691

16%

9.096.613

7.117.872

1,3

9%

34%

94 GORGOLIS S.A.

4.293.834

33.171.604

16%

15.326.402

3.355.255

4,6

13%

28%

95 GLEOUDIS N. “KAVEX” S.A.

3.139.602

33.164.348

5%

33.823.762

10.600.135

3,2

9%

9%

96 ARITI S.A.

6.540.360

32.857.289

28%

39.673.957

16.672.945

2,4

20%

16%

COMMERCIAL & 97 GENERAL INDUSTRIAL CO. S.A.

1.553.901

32.405.682

15%

23.605.621

9.094.387

2,6

5%

7%

98 IOANNIDIS TH. S.A.

2.948.498

32.362.637

39%

21.781.086

18.232.267

1,2

9%

14%

99 NORTHERN GREECE CERAMICS (KEBE) S.A.

3.836.276

32.021.434

54%

49.217.624

34.227.688

1,4

12%

8%

100 MULTY FOAM S.A.

9.134.181

31.415.800

113%

34.906.334

4.997.998

7,0

29%

26%

101 DIMOULAS SPECIAL CABLES S.A.

2.626.404

30.154.418

68%

17.744.088

4.140.727

4,3

9%

15%

102 ANASTASSOPOULOS VAS. S.A.

1.862.123

30.101.655

26%

8.040.676

5.428.741

1,5

6%

23%

103 LEGRAND HELLAS S.A.

3.974.488

29.677.996

30%

7.461.074

2.903.655

2,6

13%

53%

104 DIELLAS LTD.

1.871.070

28.553.966

16%

4.308.120

4.206.565

1,0

7%

43%

105 TSETI E.& I. S.A. INTERMED

1.488.248

28.382.433

103%

24.109.649

10.416.643

2,3

5%

6%

106 POULIAS G. - BRAKATSELOS S.A.

3.303.368

27.888.485

11%

14.737.673

12.669.398

1,2

12%

22%

107 SERVIER HELLAS LTD

1.354.714

27.341.996

10%

9.761.295

7.335.098

1,3

5%

14%

108 ROYAL SUGAR S.A.

1.103.425

26.752.199

239%

8.795.428

6.075.727

1,4

4%

13%

13.096.367

26.698.658

30%

71.691.227

43.382.103

1,7

49%

18%

6.609.704

26.620.855

17%

32.304.268

11.570.856

2,8

25%

20%

11.646.709

26.602.016

137%

250.060.240

70.812.696

3,5

44%

5%

112 VIORYL S.A.

2.150.636

26.082.409

29%

12.926.397

10.775.142

1,2

8%

17%

113 KARYDAKIS ST. GRAPHIC ARTS S.A.

5.950.988

25.530.508

7%

27.022.569

6.874.770

3,9

23%

22%

114 HOTOS S.A.

4.212.037

24.049.306

9%

23.379.131

2.782.146

8,4

18%

18%

115 MOURIKIS PHOTIOS AΝAST. S.A.

1.972.762

24.036.278

37%

20.815.276

1.688.297

12,3

8%

9%

116 VF HELLAS LTD.

5.348.369

23.934.021

105%

13.168.608

4.744.755

2,8

22%

41%

117 ERGOTEM S.A.

2.975.590

23.749.556

49%

10.171.700

9.498.413

1,1

13%

29%

118 TORRE Ε. GLATZOUNIS S.A.

2.940.851

23.530.717

6%

27.011.492

3.350.349

8,1

12%

11%

119 EXPRESS PUBLISHING S.A.

3.029.822

23.517.466

25%

28.726.175

8.950.370

3,2

13%

11%

120 STELLA BEACH S.A.

5.733.055

23.196.776

14%

27.766.333

24.814.414

1,1

25%

21%

121 SOLERGON S.A.

2.319.413

23.039.699

96%

13.470.937

6.304.148

2,1

10%

17%

721.267

23.018.242

316%

11.256.105

7.068.429

1,6

3%

6%

109 PELOPONNESE WIND ENERGY S.A. 110 POLYEKO S.A. 111 PPC RENEWABLES S.A.

122 BERSON SARAFIDIS C. BROS S.A. 123 ROUPAS A. HERCULES LTD.

2.318.421

22.792.667

5%

12.891.033

1.064.380

12,1

10%

18%

124 IOAKEIMIDIS G. S.A.

4.533.109

22.656.906

17%

26.604.328

5.228.944

5,1

20%

17%

125 DAMKALIDIS D. & Ι. S.A.

2.628.230

22.505.282

40%

13.321.954

3.809.732

3,5

12%

20%

841.601

22.277.220

50%

7.648.784

3.426.255

2,2

4%

11%

126 ICTS HELLAS SECURITY SOLUTIONS S.A.

sorted by Turnover of 2019

86

DIAMONDS 2021



127-167

22.220.919

19%

18.941.161

1.779.956

10,6

17%

20%

789.363

22.148.096

158%

8.949.609

8.600.722

1,0

4%

9%

129 DAILY FOODS AND DRINKS LTD.

994.639

22.040.306

38%

8.054.500

1.610.381

5,0

5%

12%

127 GEORGAKOPOULOS G.B. S.A.

130 SMYRDEX S.A. 131 LAMDA DOMI S.A. 132 SIGANOS S.A. 133 CARRIER FRIGEL APOSTOLOU S.A.

Profit 2019

Turnover 2019

Equity 2019

Total Liabilities 2019

Equity to borrowed capital ratio

3.784.663

128 SOFTCARE S.A.

Company Name

Profitability Increase 2019 vs 2018

Return on equity 2019

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria)

Net proft rate 2019

DIAMONDS of the Greek Economy 2021

8.452.550

22.023.130

9%

36.105.739

2.708.895

13,3

38%

23%

37.508.106

21.875.204

14%

161.664.764

116.246.084

1,4

171%

23%

1.676.864

21.866.725

12%

7.228.222

4.897.306

1,5

8%

23%

875.684

21.735.167

12%

8.420.454

6.246.139

1,3

4%

10%

AIRPORT HOTEL COMPANY 134 ATHENS (SOFITEL) S.A.

4.437.404

21.349.379

33%

21.976.075

5.789.695

3,8

21%

20%

135 COLGATE PALMOLIVE HELLAS S.A.

7.368.085

21.094.928

68%

28.804.997

7.388.543

3,9

35%

26%

136 PHILIPPOS NAKAS S.A.

1.073.850

21.092.455

3%

17.885.927

8.645.526

2,1

5%

6%

137 NENDOS ST. "SELECT BAKERY" S.A.

3.413.673

20.998.921

19%

35.299.072

5.281.817

6,7

16%

10%

138 ROSSI S.A.

1.430.792

20.964.147

32%

9.130.032

5.241.254

1,7

7%

16%

139 VIOLANTA S.A.

4.023.184

20.905.379

79%

12.968.935

6.582.355

2,0

19%

31%

140 MAKRYDAKIS I. S.A.

1.465.211

20.750.817

16%

7.280.581

3.910.119

1,9

7%

20%

141 EUROPEAN DYNAMICS S.A.

4.213.884

20.730.280

17%

15.560.258

6.384.217

2,4

20%

27%

142 OHONOS SNACKS S.A.

729.063

20.388.912

24%

14.678.414

7.338.406

2,0

4%

5%

143 TRIUMPH INTERNATIONAL S.A.

1.124.424

20.355.079

10%

10.446.938

3.794.949

2,8

6%

11%

144 NEOKEM S.A.

3.219.144

20.243.342

8%

14.247.555

6.418.334

2,2

16%

23%

145 MICREL MEDICAL DEVICES S.A.

6.288.742

19.763.422

19%

18.425.339

6.486.027

2,8

32%

34%

146 AINOS S.A.

1.529.313

19.691.527

23%

11.768.599

10.944.216

1,1

8%

13%

147 DISTILLERY - WINERY OF THRACE S.A.

1.252.889

19.668.128

8%

6.559.522

5.376.613

1,2

6%

19%

PROTECTION 148 ENVIRONMENTAL ENGINEERING S.A.

2.603.622

19.529.613

17%

25.737.009

13.742.303

1,9

13%

10%

149 LIKOMITROS STEEL S.A.

2.625.989

19.345.654

76%

10.106.034

8.269.221

1,2

14%

26%

740.917

18.633.379

11%

8.340.920

5.070.917

1,6

4%

9%

151 KLEFER S.A.

1.789.884

18.424.777

2%

9.235.824

4.418.982

2,1

10%

19%

152 THERMOPLASTIKI S.A.

1.516.854

18.278.484

1731%

18.282.676

976.184

18,7

8%

8%

- VOLOS AGRICULTURAL 153 EVOL COOPERATIVE

3.038.455

18.176.203

91%

10.600.946

5.743.941

1,8

17%

29%

887.529

17.880.756

209%

4.793.295

4.562.277

1,1

5%

19%

155 TZANIDIS S. S.A.

1.090.236

17.590.649

5%

9.721.513

477.433

20,4

6%

11%

156 MICHAIL PAPAPANAGIOTOU S.A.

1.619.766

17.522.025

8%

3.730.658

3.273.371

1,1

9%

43%

157 KERAKOLL HELLAS LTD.

1.688.671

16.935.907

11%

10.438.979

4.318.422

2,4

10%

16%

158 DIMAS S.A.

1.290.913

16.878.445

29%

7.950.866

3.509.627

2,3

8%

16%

593.201

16.870.672

19%

5.606.529

4.043.912

1,4

4%

11%

160 TRINITY WINES LTD.

2.683.444

16.860.646

36%

5.961.301

4.940.624

1,2

16%

45%

161 PHTHIOTIS PAPERMILLS S.A.

2.165.000

16.857.000

3%

18.472.000

7.983.000

2,3

13%

12%

810.770

16.794.524

91%

13.069.590

4.789.921

2,7

5%

6%

163 KOKOLOGIANNIS EMM. & SONS S.A.

2.098.693

16.769.678

139%

6.824.838

2.207.900

3,1

13%

31%

164 ZAVALOS “CHARTOTECHNIKI” S.A.

1.702.396

16.596.093

52%

8.878.728

6.428.839

1,4

10%

19%

165 PETSIAVAS S.A.

1.024.320

16.496.646

7%

6.418.163

6.386.448

1,0

6%

16%

166 EL SABOR MEXICAN FOODS S.A.

2.201.851

16.231.743

22%

4.542.465

4.318.020

1,1

14%

48%

167 HOSPITAL LINE S.A.

5.240.524

16.177.889

45%

16.782.958

2.921.443

5,7

32%

31%

150 PAPPOU I. G. S.A.

HELLAS HOUSEHOLD 154 FREUDENBERG PRODUCTS S.A. (FHP HELLAS)

159 PLAYMOBIL HELLAS S.A.

162 LAKIOTIS EVANGELOS S.A.

sorted by Turnover of 2019

88

DIAMONDS 2021



168-210

3.328.884

16.154.290

4%

17.895.122

1.121.297

16,0

21%

19%

169 PAVLAKIS S.A.

1.118.125

15.726.172

47%

6.395.270

1.977.719

3,2

7%

17%

170 KECHAGIAS MUSHROOMS S.A.

1.447.206

15.612.175

5%

4.784.434

4.725.169

1,0

9%

30%

171 ATHEXCSD S.A.

6.106.000

15.360.000

216%

44.570.000

9.508.000

4,7

40%

14%

172 HELLENIC EXCHANGES S.A.

5.616.000

15.149.000

130%

90.501.000

8.262.000

11,0

37%

6%

173 GENESIS S.A.

1.503.000

15.046.000

217%

28.136.000

12.022.000

2,3

10%

5%

174 DSM NUTRITIONAL PRODUCTS HELLAS LTD.

615.336

14.978.090

102%

4.945.239

3.882.302

1,3

4%

12%

175 X-TREME STORES S.A.

914.244

14.973.188

255%

8.826.389

3.886.144

2,3

6%

10%

176 GU HELLAS S.A.

612.303

14.936.158

89%

4.772.384

2.002.728

2,4

4%

13%

177 VERNILAC S.A.

2.488.308

14.884.049

55%

24.055.272

2.691.196

8,9

17%

10%

178 PHAETHON S.A.

1.250.883

14.880.549

107%

3.853.131

3.091.817

1,2

8%

32%

179 VARIO S.A.

1.855.665

14.641.717

42%

7.728.710

1.607.697

4,8

13%

24%

180 HELLENIC FINE OILS S.A.

1.279.457

14.343.495

48%

3.697.468

1.359.109

2,7

9%

35%

181 PETRIDIS S.A.

2.638.531

14.224.470

54%

13.187.287

2.366.172

5,6

19%

20%

182 ABBOTT MEDICAL HELLAS LTD.

Profit 2019

Turnover 2019

Equity 2019

Total Liabilities 2019

Equity to borrowed capital ratio

168 KNAUF AQUAPANEL S.A.

Company Name

Profitability Increase 2019 vs 2018

Return on equity 2019

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria)

Net proft rate 2019

DIAMONDS of the Greek Economy 2021

741.172

14.195.616

48%

16.007.966

9.108.953

1,8

5%

5%

183 KADMOS LTD.

3.030.266

14.146.877

368%

6.332.927

5.802.762

1,1

21%

48%

184 KARAGIANNIS N. BROS S.A. .

1.103.354

14.100.945

45%

8.840.777

4.146.551

2,1

8%

12%

185 GHOTELS GROUP S.A.

2.695.275

14.098.344

49%

48.926.191

18.551.788

2,6

19%

6%

186 BRAKOPOULOS S.A.

1.166.857

14.086.734

64%

8.144.224

1.964.479

4,1

8%

14%

751.555

14.066.428

261%

12.348.188

8.315.596

1,5

5%

6%

188 STOP S.A.

1.300.101

14.054.689

2%

13.484.055

3.194.786

4,2

9%

10%

189 M.E.TE. S.A.

1.399.801

13.981.985

143%

13.349.334

3.193.664

4,2

10%

10%

& BIOPHARMACEUTICAL 190 CHEMICAL LABS OF PATRA S.A.

4.193.993

13.783.550

144%

27.608.776

6.393.838

4,3

30%

15%

187 ZIMMER VIOMET HELLAS S.A.

191 GRANTEX S.A.

988.843

13.662.819

30%

6.002.335

4.920.420

1,2

7%

16%

192 EPSILON NET S.A.

1.019.389

13.651.875

44%

12.550.313

11.923.387

1,1

7%

8%

193 LEONTZINI I. S.A.

2.977.749

13.637.752

64%

8.553.330

3.624.200

2,4

22%

35%

194 METALICA S.A.

674.014

13.625.503

138%

7.717.821

6.434.052

1,2

5%

9%

195 IQVIA HELLAS S.A.

1.667.362

13.577.497

21%

13.150.178

8.030.373

1,6

12%

13%

196 ALPHA ASTIKA AKINITA S.A.

3.590.462

13.561.136

1%

132.105.099

4.219.498

31,3

26%

3%

197 ARMA SHOES S.A.

597.302

13.514.012

8%

7.875.870

1.005.587

7,8

4%

8%

198 NEOTEX S.A.

1.793.173

13.505.618

57%

8.449.188

4.800.194

1,8

13%

21%

199 LAMDA HELLIX S.A.

2.064.693

13.505.104

25%

30.741.207

22.522.590

1,4

15%

7%

200 IMERIDIS - MAKROPOULOS “MILKPLAN” S.A.

1.041.562

13.501.957

106%

6.424.530

4.628.402

1,4

8%

16%

929.931

13.445.995

16%

6.097.562

2.617.168

2,3

7%

15%

201 ALEXAKIS IOANNIS LTD. 202 CHATZIAMALLOS EMMΑNUEL LTD.

938.540

13.437.419

24%

3.786.404

1.436.771

2,6

7%

25%

203 SOSIMEX S.A.

2.564.364

13.434.457

50%

20.431.859

4.452.516

4,6

19%

13%

204 VOLCANO VIEW HOTEL S.A.

4.464.668

13.340.786

24%

16.549.905

3.799.577

4,4

33%

27%

205 NBG ASSET MANAGEMENT S.A.

6.114.812

13.279.041

15%

24.042.219

2.502.746

9,6

46%

25%

206 ELECTRA S.A.

4.513.991

13.251.615

45%

7.275.503

1.751.607

4,2

34%

62%

207 MAGNA GROUP S.A.

1.322.939

13.207.655

13%

2.781.787

610.897

4,6

10%

48%

208 MAGEIRAS Β. S.A.

3.264.199

13.205.826

11%

12.390.599

4.515.515

2,7

25%

26%

209 KALAVRYTA HELMOS S.A.

1.244.186

13.185.753

3%

7.728.818

386.423

20,0

9%

16%

210 KOSTAS LAZARIDIS DOMAINE S.A.

2.539.561

13.055.188

72%

26.094.775

16.708.481

1,6

19%

10%

sorted by Turnover of 2019

90

DIAMONDS 2021



211-252

4.834.509

12.906.048

11%

24.187.486

9.800.905

2,5

37%

20%

212 TITANIA S.A.

1.926.687

12.868.767

83%

25.416.971

5.124.943

5,0

15%

8%

780.553

12.838.036

70%

12.498.997

11.361.130

1,1

6%

6%

213 MENTEKIDIS S. S.A. 214 ZOETIS HELLAS S.A.

Profit 2019

Turnover 2019

Equity 2019

Total Liabilities 2019

Equity to borrowed capital ratio

211 DIMITROKALIS K. S.A.

Company Name

Profitability Increase 2019 vs 2018

Return on equity 2019

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria)

Net proft rate 2019

DIAMONDS of the Greek Economy 2021

773.411

12.819.449

120%

10.976.389

2.554.984

4,3

6%

7%

215 AKROLITHOS S.A.

2.956.500

12.744.431

50%

12.367.198

1.072.112

11,5

23%

24%

216 PSYCHOGIOS EDITIONS S.A.

1.429.446

12.677.431

808%

8.112.293

4.931.541

1,6

11%

18%

217 POLYMERS & COLORS S.A.

677.089

12.671.642

33%

6.425.986

6.025.977

1,1

5%

11%

218 CERAMETAL S.E. S.A.

1.504.451

12.435.946

1%

7.234.391

1.717.459

4,2

12%

21%

ADVANCED TECHNOLOGY ELEC219 MAT TRONICS S.A.

2.993.081

12.427.122

474%

3.388.193

3.194.497

1,1

24%

88%

220 ENTERSOFT S.A.

2.324.403

12.406.182

24%

10.802.432

4.994.845

2,2

19%

22%

FINANCIAL SYSTEMS 221 ADVANTAGE EXPERTS S.A.

1.778.882

12.321.393

528%

2.106.545

1.634.227

1,3

14%

84%

222 GEKE S.A. (PRESIDENT HOTEL)

4.583.492

12.277.176

6%

49.183.907

14.759.987

3,3

37%

9%

223 OLIVELLAS S.A.

2.246.756

12.261.412

63%

5.646.495

3.870.220

1,5

18%

40%

224 BIOIGIA LTD.

2.173.743

12.220.741

9%

9.361.394

1.637.414

5,7

18%

23%

961.672

12.202.050

27%

17.499.357

7.205.614

2,4

8%

5%

225 PATAKIS S. S.A. 226 HATZISOTIRIOU A. S.A.

792.953

12.173.658

151%

10.268.809

1.914.146

5,4

7%

8%

227 DIAGORAS S.A.

1.465.340

12.142.096

33%

34.151.822

29.372.049

1,2

12%

4%

228 ATREUS LTD.

1.604.262

12.051.780

136%

4.075.854

1.822.133

2,2

13%

39%

229 VLACHAKIS S.A.

1.312.248

12.035.557

11%

9.053.022

4.315.040

2,1

11%

14%

230 LINEA S.A.

2.905.091

11.853.080

24%

8.587.712

2.387.926

3,6

25%

34%

231 DELTA SCHOOLS NORTHERN GREECE S.A.

1.834.968

11.808.248

9%

4.606.569

4.572.519

1,0

16%

40%

232 "DIAS" INTERBANKING SYSTEMS S.A.

4.079.894

11.792.393

12%

36.916.509

3.481.923

10,6

35%

11%

233 ET.AN.AP. S.A.

2.350.056

11.564.129

24%

18.117.617

4.026.023

4,5

20%

13%

234 STEFANIDIS BROS S.A.

1.250.526

11.521.058

66%

4.982.387

2.569.278

1,9

11%

25%

235 TUV HELLAS (TUV NORD) S.A.

1.175.764

11.494.192

72%

3.946.583

2.694.491

1,5

10%

30%

236 LESAFFRE HELLAS S.A.

1.104.926

11.472.433

22%

2.959.600

2.218.400

1,3

10%

37%

237 KOUVIDIS EMMANUEL S.A.

2.062.116

11.434.797

19%

11.375.564

1.023.713

11,1

18%

18%

238 ERGODYNAMIKI OF PATRA S.A.

843.020

11.328.859

111%

6.426.314

6.177.122

1,0

7%

13%

239 KOFOPOULOU M. - G. EVAGGELIDIS LTD.

372.016

11.318.123

13%

2.320.047

516.209

4,5

3%

16%

240 APOLLONIAN NUTRITION S.A.

3.021.891

11.217.867

102%

5.661.978

5.585.906

1,0

27%

53%

241 HARITOPOULOS D.N. S.A.

8.728.676

11.213.602

57%

42.135.652

2.227.852

18,9

78%

21%

242 ELECTRA S.A.

6.455.152

11.135.488

18%

13.043.759

1.454.137

9,0

58%

49%

243 KOSKINIDIS ST. S. S.A.

598.856

11.028.721

17%

19.789.372

8.334.000

2,4

5%

3%

HELLENIQUE CONSTRUCTIVE TOURIST 244 TRADING ENTERPRISE S.A.

1.806.007

10.991.148

50%

20.833.367

16.444.903

1,3

16%

9%

245 STANLEY S.A.

2.858.500

10.931.551

21%

8.753.323

1.031.345

8,5

26%

33%

603.119

10.872.195

25%

3.120.628

2.003.124

1,6

6%

19%

247 P. SARRIS & CO. LTD.

1.844.225

10.820.921

11%

6.668.430

1.352.488

4,9

17%

28%

248 LESVOS DAIRY S.A.

1.664.087

10.774.635

19%

7.511.349

3.325.545

2,3

15%

22%

246 PITSOULAKIS - ROBOGIANNAKIS S.A.

249 MARMOYRIS S.A. 250 AIOLIKI PANACHAIKOU S.A. 251 CHATZOPOULOS - VLACHOPOULOS LTD. 252 KARAKOSTAS VAIOS H. S.A.

984.997

10.717.829

2%

8.683.579

5.688.345

1,5

9%

11%

4.832.347

10.703.039

53%

21.353.436

9.210.619

2,3

45%

23%

929.587

10.689.985

93%

1.548.592

1.286.998

1,2

9%

60%

1.500.517

10.644.282

15%

13.742.208

6.569.825

2,1

14%

11%

sorted by Turnover of 2019

92

DIAMONDS 2021



Equity 2019

Total Liabilities 2019

Return on equity 2019

Turnover 2019

Net proft rate 2019

Profit 2019

253-295

Equity to borrowed capital ratio

Company Name

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria) Profitability Increase 2019 vs 2018

DIAMONDS of the Greek Economy 2021

253 ZEUS AKTINIDIA S.A.

361.758

10.636.625

87%

4.046.025

2.521.185

1,6

3%

9%

254 TCK CHEMICALS S.A.

1.557.365

10.604.897

30%

2.684.400

2.251.807

1,2

15%

58%

255 VAIRAMOGLOU S. A. S.A.

1.029.101

10.510.815

23%

7.194.175

1.971.190

3,6

10%

14%

256 N. SAKELLARIS S.A.

3.256.700

10.467.840

22%

11.714.075

526.366

22,3

31%

28%

257 DIMAKIS S.A.

569.058

10.417.981

158%

4.126.702

1.735.909

2,4

5%

14%

258 ARGYRIOU DIMITRIOS S.A.

350.655

10.417.607

38%

3.377.369

840.639

4,0

3%

10%

259 SITISSI S.A.

4.003.424

10.392.565

110%

9.750.329

2.963.456

3,3

39%

41%

260 MAROULI BROS S.A.

1.938.759

10.333.672

83%

8.523.846

3.512.027

2,4

19%

23%

261 CHRISTIDIS I. BROS S.A.

1.434.300

10.333.057

45%

6.505.329

4.240.100

1,5

14%

22%

262 WILO HELLAS S.A.

715.953

10.319.010

126%

9.184.177

1.357.034

6,8

7%

8%

263 DIAKOMICHALIS S.A.

4.149.888

10.284.589

18%

15.489.520

3.484.011

4,4

40%

27%

264 SIELMAN S.A.

4.354.699

10.202.740

23%

25.508.289

4.528.736

5,6

43%

17%

265 MAGNETIC S.A.

1.680.353

10.157.391

168%

7.476.460

6.004.872

1,2

17%

22%

266 GRECO STROM LTD.

978.640

10.146.310

13%

3.575.659

3.158.507

1,1

10%

27%

267 PROKOS M. S.A.

927.042

10.079.097

56%

6.923.645

2.715.502

2,5

9%

13%

268 BLUE OCEANIC S.A.

910.903

10.045.785

49%

29.234.779

27.506.832

1,1

9%

3%

AVIATION AND PORTS SECURE 269 G4S SOLUTIONS S.A.

338.671

10.042.385

3%

2.218.373

2.142.789

1,0

3%

15%

270 ROLOPACK S.A.

3.299.213

9.972.821

31%

8.376.735

5.002.868

1,7

33%

39%

271 FLUIDRA S.A.

1.856.434

9.898.085

18%

5.268.373

1.407.660

3,7

19%

35%

272 LEDVANCE S.A.

610.043

9.844.665

146%

3.528.556

1.037.314

3,4

6%

17%

273 KOSMOMODA S.A.

836.598

9.835.858

45%

6.834.439

1.141.000

6,0

9%

12%

274 DANONE S.A.

577.197

9.824.547

9%

5.549.029

1.350.254

4,1

6%

10%

275 VARNIKOS S.A.

701.720

9.782.749

7%

21.361.109

5.016.529

4,3

7%

3%

276 YGRAERIA KYKLADON S.A.

1.211.710

9.743.671

43%

3.441.934

159.946

21,5

12%

35%

277 FAIDON S.A.

723.222

9.728.882

44%

6.388.613

4.888.586

1,3

7%

11%

278 DOMUS S.A.

1.517.517

9.726.275

18%

6.096.901

1.855.273

3,3

16%

25%

279 DIVANIS ACROPOLIS S.A.

2.237.749

9.699.862

22%

22.306.381

2.922.563

7,6

23%

10%

280 VITA M. TSALOPOULOS S.A.

971.951

9.562.693

13%

9.744.185

1.549.338

6,3

10%

10%

281 GREIF HELLAS S.A.

322.528

9.465.516

29%

4.588.503

2.592.287

1,8

3%

7%

282 KASTELORIZO S.A. 283 HELLENIC DEFENCE VEHICLE SYSTEMS S.A. 284 CISCO SYSTEMS HELLAS S.A.

759.637

9.403.350

24%

8.055.205

2.363.696

3,4

8%

9%

1.363.821

9.396.619

88%

2.064.147

1.542.021

1,3

15%

66%

857.707

9.391.215

7%

4.339.450

2.157.135

2,0

9%

20%

285 LAMDA LABORATORIES S.A.

1.581.245

9.328.940

212%

3.142.379

2.182.034

1,4

17%

50%

286 RICHEMONT HELLAS S.A.

1.320.934

9.251.129

42%

7.871.308

2.320.296

3,4

14%

17%

287 BRASS FORM S.A.

816.943

9.248.302

40%

4.883.874

1.994.577

2,4

9%

17%

288 MACON S.A.

535.882

9.245.115

244%

4.266.605

2.939.158

1,5

6%

13%

1.119.891

9.199.873

7%

15.865.651

5.667.482

2,8

12%

7%

290 CLARIANT HELLAS S.A.

954.254

9.170.660

9%

6.425.899

875.020

7,3

10%

15%

291 COSMETIC DERMA MEDICINE S.A.

470.258

9.155.530

1%

2.990.755

1.325.453

2,3

5%

16%

292 STYROPAN I. KATSAOUNIDIS & CO. S.A.

949.427

9.121.744

103%

4.688.449

2.231.305

2,1

10%

20%

289 WATT S.A.

293 OESI S.A. 294 KOULIKIDIS A. & SONS S.A. 295 ERGODOMI S.A.

568.276

9.080.935

1302%

5.991.151

2.864.465

2,1

6%

9%

1.295.128

9.073.867

9%

13.388.796

691.277

19,4

14%

10%

661.876

9.000.866

166%

12.400.615

6.779.811

1,8

7%

5%

sorted by Turnover of 2019

94

DIAMONDS 2021



296 DRIVAS PAN. D. & SONS S.A.

Equity 2019

Total Liabilities 2019

Return on equity 2019

Turnover 2019

Net proft rate 2019

Profit 2019

296-339

Equity to borrowed capital ratio

Company Name

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria) Profitability Increase 2019 vs 2018

DIAMONDS of the Greek Economy 2021

355.471

8.991.888

23%

5.664.285

1.169.915

4,8

4%

6%

1.763.778

8.979.262

42%

5.873.919

1.583.034

3,7

20%

30%

298 INOMAC S.A.

372.287

8.907.148

470%

5.631.235

1.846.535

3,0

4%

7%

299 LOUTAS S.A.

297 PASSARELLA S.A.

1.217.159

8.890.016

10%

7.027.057

829.506

8,5

14%

17%

300 TRANE HELLAS S.A.

670.801

8.851.827

135%

2.614.950

2.254.278

1,2

8%

26%

301 CHRYSOSTOMOS SMYRNIS S.A.

579.245

8.810.766

85%

3.004.822

1.742.307

1,7

7%

19%

302 COROPOULIS A.G. S.A.

1.018.350

8.789.383

28%

4.362.694

2.682.806

1,6

12%

23%

303 AGROKTINOTROFIKI S.A.

1.123.155

8.757.801

11%

5.178.453

2.953.518

1,8

13%

22%

304 VIOTYPOS S.A.

1.412.579

8.749.820

40%

5.146.991

1.419.510

3,6

16%

27%

305 GALLON FUEL S.A.

380.878

8.740.287

71%

2.025.211

680.369

3,0

4%

19%

306 MAKEDONIKI XALVATZIS S.A.

790.100

8.679.810

34%

4.472.491

3.691.760

1,2

9%

18%

307 EGON ZEHNDER INTERNATIONAL S.A.

2.888.874

8.660.115

90%

2.755.762

1.907.516

1,4

33%

105%

308 ARVANITIS S.A.

1.419.535

8.658.073

9%

4.750.426

2.828.155

1,7

16%

30%

309 GREEN IMPORT LTD.

2.298.358

8.633.481

9%

8.045.569

1.084.417

7,4

27%

29%

310 PASSIAS FACTORY S.A.

542.714

8.617.514

48%

5.147.844

1.898.154

2,7

6%

11%

311 PROFILE SYSTEMS & SOFTWARE S.A.

1.220.555

8.577.914

7%

15.035.478

9.548.834

1,6

14%

8%

312 ASSISTANT ORGANIC PRODUCTS S.A.

2.093.541

8.570.747

28%

4.904.554

2.626.040

1,9

24%

43%

313 KEM G. MICHAILIDES S.A.

346.930

8.544.726

9%

3.794.753

1.569.705

2,4

4%

9%

314 KATSAFANAS PANAGIOTIS ILIAS S.A.

709.007

8.499.931

60%

9.402.234

512.411

18,3

8%

8%

9.591.571

8.491.148

175%

117.317.045

84.806.836

1,4

113%

8%

316 PLASTIMAK S.A.

720.689

8.449.283

5%

4.692.846

1.189.359

3,9

9%

15%

317 REHAU LTD.

626.193

8.429.970

100%

4.831.293

1.475.901

3,3

7%

13%

318 COOL SHIP SUPPLIES S.A.

794.920

8.422.488

104%

2.742.461

1.335.922

2,1

9%

29%

319 HARALAMPIDIS CABLES S.A.

603.649

8.407.326

51%

8.487.724

905.788

9,4

7%

7%

320 CHAIKALIS TRANS S.A.

259.958

8.387.979

24%

2.385.798

1.541.558

1,5

3%

11%

321 CHALKIAS OIL S.A.

419.728

8.328.270

117%

1.459.986

363.729

4,0

5%

29%

322 INTERCHIM S.A.

419.278

8.322.744

17%

4.159.723

920.105

4,5

5%

10%

323 JAPAN TRAVEL BUREAU (JTB) GREECE LTD.

684.705

8.317.634

19%

552.825

472.529

1,2

8%

124%

4.367.354

8.247.108

10%

6.086.592

684.141

8,9

53%

72%

627.776

8.240.789

7%

5.028.025

1.332.220

3,8

8%

12%

2.920.432

8.231.645

3%

6.678.558

477.765

14,0

35%

44%

315 TRASTOR S.A.

324 PRICELINE BOOKING.COM HELLAS LTD. 325 OVAKIMIAN S.A. 326 KTEO HELLAS S.A. 327 TSICHLAKI S.A.

653.088

8.191.291

165%

5.422.076

2.108.294

2,6

8%

12%

328 KANAVES OIA S.A.

3.568.046

8.163.617

128%

17.194.783

16.270.747

1,1

44%

21%

329 FUJI FILM HELLAS S.A.

1.180.634

8.157.751

121%

7.273.124

2.504.154

2,9

14%

16%

330 SUN S.A.

829.998

8.145.632

26%

6.213.738

1.923.700

3,2

10%

13%

331 LIVARDAS A. S.A.

521.358

8.134.435

2%

6.803.946

485.460

14,0

6%

8%

332 UNITRACK S.A.

621.395

8.128.598

347%

6.133.289

3.356.721

1,8

8%

10%

1.367.469

8.120.902

29%

3.081.299

2.647.571

1,2

17%

44%

778.628

8.117.041

30%

2.833.848

1.101.508

2,6

10%

27%

335 VIOPOL S.A.

1.198.543

8.051.121

5%

4.151.334

1.746.470

2,4

15%

29%

336 ATHENS METROPOLITAN EXPO S.A.

5.437.220

8.035.591

37%

14.250.918

13.019.300

1,1

68%

38%

337 SAVVALAS A. & S. S.A.

3.155.425

7.962.969

158%

13.162.680

1.700.632

7,7

40%

24%

338 PIRAEUS ASSET MANAGEMENT S.A.

1.858.345

7.957.200

750%

10.725.093

2.092.684

5,1

23%

17%

953.091

7.892.376

23%

9.026.741

2.591.330

3,5

12%

11%

333 KAPELIS P. S.A. 334 AEROMET HELLAS LTD.

339 DENTSU AEGIS NETWORK HELLAS S.A.

sorted by Turnover of 2019

96

DIAMONDS 2021


For the past 16 years, we passionately serve our patients across our network, offering high-quality & reliable medical services. We provide access to healthcare, delivered with empathy, trust and integrity. We maintain high standards of clinical governance and safety for both patients and staff. We incorporate innovation which coupled with the scale of our network allows cost-effective access to our services. We are passionate about what we do, setting new goals, standards and procedures for providing a second to none patient experience. Because we strongly believe that

—nothing is more important than health


Turnover 2019

Equity 2019

Total Liabilities 2019

Return on equity 2019

Profit 2019

Net proft rate 2019

Company Name

340-382 Equity to borrowed capital ratio

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria) Profitability Increase 2019 vs 2018

DIAMONDS of the Greek Economy 2021

340 KARANIKAS ANT. TH. FLOUR MILLS S.A.

457.191

7.825.661

27%

6.880.998

2.375.029

2,9

6%

7%

341 KYRIAKIDIS VASILEIOS S.A.

477.032

7.816.497

327%

4.891.489

3.673.671

1,3

6%

10%

342 ISCHIS S.A.

933.423

7.814.699

70%

3.643.739

995.100

3,7

12%

26%

343 VIONOVA LTD.

1.715.236

7.803.237

23%

4.053.041

2.600.016

1,6

22%

42%

344 PALAMIDIS L. & D. TELONI SONS & CO. S.A.

1.621.639

7.795.630

6%

4.088.111

1.120.057

3,6

21%

40%

345 HELIOS PALACE TOURISM HOLDING S.A.

1.130.082

7.766.593

9%

17.996.367

7.442.658

2,4

15%

6%

346 KONSTANTINIDIS GR. S.A.

317.717

7.756.831

237%

2.092.255

1.323.029

1,6

4%

15%

347 TNS ICAR S.A.

313.791

7.733.898

65%

4.954.435

2.836.377

1,7

4%

6%

348 CHEFARMA LTD.

2.886.075

7.684.174

23%

6.900.241

2.359.045

2,9

38%

42%

349 ALPHA TRUST S.A.

3.211.948

7.680.336

256%

7.042.194

2.964.568

2,4

42%

46%

350 KTIMA GEROVASSILIOU S.A.

2.447.411

7.671.599

30%

16.035.554

2.407.074

6,7

32%

15%

351 SOLID FUELS S.A.

1.518.555

7.605.107

4%

15.627.962

566.072

27,6

20%

10%

352 SENEKIS A. & SONS LTD.

1.632.953

7.563.894

685%

2.626.599

1.985.195

1,3

22%

62%

353 FIVE AGROTOBIOMHXANIKI OF FROUITS S.A.

309.451

7.557.721

28%

1.459.825

1.094.505

1,3

4%

21%

354 DOUMAS BROS S.A.

324.946

7.554.896

75%

5.634.780

3.622.422

1,6

4%

6%

355 KAFFES S.A.

451.817

7.524.532

54%

5.693.058

3.126.111

1,8

6%

8%

356 WELCOME STORES S.A.

418.791

7.517.859

298%

1.699.404

558.417

3,0

6%

25%

357 VIORAL S.A.

1.403.410

7.481.033

26%

9.740.389

1.649.081

5,9

19%

14%

HOTEL & TOURISM ENTERP. S.A. 358 AEGEAN - DORYSSA BAY HOTEL

2.063.654

7.464.474

105%

19.399.593

2.727.492

7,1

28%

11%

359 VASILIOU GLASS LTD.

440.681

7.455.620

31%

9.113.957

4.146.225

2,2

6%

5%

360 UNIVAR HELLAS LTD.

824.121

7.444.042

42%

2.085.843

1.788.400

1,2

11%

40%

361 ORFANAKI BROS S.A.

955.943

7.438.928

298%

19.515.119

12.033.953

1,6

13%

5%

DEMETRIOS 362 VOSMADROS “SMILE COSMETICS” S.A.

855.501

7.428.571

102%

3.999.507

2.640.504

1,5

12%

21%

363 CHROSTIKI S.A.

465.854

7.414.921

10%

6.144.173

1.047.645

5,9

6%

8%

364 MANTZAVELAKIS A. S.A.

1.423.621

7.371.832

5%

6.536.306

1.175.982

5,6

19%

22%

365 OIKO-DOMI S.A.

354.938

7.355.649

36%

1.093.287

85.277

12,8

5%

32%

366 SARLAS S.A.

970.901

7.350.985

15%

9.325.185

5.643.769

1,7

13%

10%

367 KYKLOPS S.A.

581.721

7.296.402

12%

12.561.124

1.062.426

11,8

8%

5%

368 BAZAKAS ATH. DIMITRIOS LTD.

1.154.082

7.282.008

40%

4.741.209

401.938

11,8

16%

24%

369 A & M ARCHITECTS S.A.

1.301.487

7.280.556

38%

1.818.035

1.051.563

1,7

18%

72%

370 EVAL E.G. VALLIANATOS S.A.

391.740

7.255.943

3%

2.349.763

2.102.088

1,1

5%

17%

371 ERGO S.A.

320.297

7.240.109

2790%

8.423.832

4.195.187

2,0

4%

4%

372 KORDALIS J.A. S.A.

691.451

7.178.051

38%

5.363.315

3.591.204

1,5

10%

13%

373 HELLENIC SALTWORKS S.A.

809.584

7.165.675

49%

14.888.434

2.669.735

5,6

11%

5%

374 COMSYS S.A.

588.793

7.142.618

41%

2.558.984

1.511.554

1,7

8%

23%

1.986.236

7.139.307

56%

4.838.610

1.886.828

2,6

28%

41%

856.145

7.134.915

107%

6.188.008

3.237.774

1,9

12%

14%

1.259.013

7.105.857

20%

6.160.501

2.729.561

2,3

18%

20%

375 SAMARAS G. S.A. 376 TTSA S.A. 377 FOREL S.A. 378 PAPADOPOULOS TRIPOLIS DAIRIES S.A.

1.486.780

7.051.063

21%

9.218.522

2.022.670

4,6

21%

16%

379 ACQUA SOURCE S.A.

1.446.375

7.050.331

23%

5.780.660

897.182

6,4

21%

25%

380 MATERIA S.A. 381 KYMI S.A. 382 AKRIDAS D. BROS S.A.

627.544

7.011.658

34%

1.943.771

1.419.255

1,4

9%

32%

1.342.448

6.997.264

220%

7.136.043

5.403.311

1,3

19%

19%

362.424

6.995.865

15%

7.634.432

7.395.437

1,0

5%

5%

sorted by Turnover of 2019

98

DIAMONDS 2021



Equity 2019

Total Liabilities 2019

Return on equity 2019

Turnover 2019

Net proft rate 2019

Profit 2019

383-425

Equity to borrowed capital ratio

Company Name

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria) Profitability Increase 2019 vs 2018

DIAMONDS of the Greek Economy 2021

383 MARIA PARMANIDI S.A.

577.194

6.995.816

26%

2.703.568

2.467.744

1,1

8%

21%

384 3K TECHNIKI S.A.

305.241

6.976.439

273%

2.812.170

2.481.166

1,1

4%

11%

1.754.177

6.959.922

16%

5.375.703

1.110.177

4,8

25%

33%

386 DADAKARIDES SALT S.A.

712.984

6.955.103

316%

2.907.500

1.707.623

1,7

10%

25%

387 VIOMAR S.A.

729.824

6.952.110

37%

6.127.247

1.506.008

4,1

10%

12%

1.034.218

6.914.982

40%

8.605.719

2.323.357

3,7

15%

12%

389 KASIDIARIS ST.C. & A. S.A.

665.780

6.868.342

128%

2.760.096

2.511.326

1,1

10%

24%

390 NYFAN S.A.

400.053

6.818.486

1795%

11.824.750

2.596.313

4,6

6%

3%

391 AGROPA S.A.

718.657

6.805.304

85%

4.362.650

811.301

5,4

11%

16%

392 SLIDER S.A.

744.513

6.796.292

159%

4.397.103

2.596.090

1,7

11%

17%

393 LATERN CONSTRUCTION COMPANY S.A.

834.493

6.796.106

651%

3.248.295

1.362.535

2,4

12%

26%

394 MOTO MARKET S.A.

847.928

6.794.005

116%

2.347.108

1.548.838

1,5

12%

36%

395 VIRBAC HELLAS S.A.

641.429

6.777.988

104%

2.213.345

2.102.589

1,1

9%

29%

396 ENOS TRANSIT S.A.

729.882

6.766.827

61%

3.686.712

1.266.853

2,9

11%

20%

385 BRETAS FAMILY S.A.

388 THESSALIKO TRIKALON S.A.

397 SPEED AIR INTERNATIONAL TRANSPORTS S.A.

719.779

6.620.674

1%

2.150.285

1.474.291

1,5

11%

33%

398 ECOCHEMICAL S.A.

2.163.995

6.603.230

35%

6.618.968

1.897.445

3,5

33%

33%

399 D. STERGIDIS S.A.

1.476.653

6.585.761

51%

4.186.479

2.207.817

1,9

22%

35%

400 GERGERIS DEVELOPMENT CO. S.A.

482.104

6.583.606

735%

11.701.848

1.424.913

8,2

7%

4%

1.174.908

6.569.160

23%

2.231.947

1.432.787

1,6

18%

53%

203.739

6.535.390

65%

1.902.709

1.784.021

1,1

3%

11%

HOTEL 403 TSAOUSOGLOU & TOURISM ENTERP. S.A.

2.365.025

6.514.732

86%

11.285.488

4.815.342

2,3

36%

21%

404 BIOLIAP S.A.

1.226.891

6.483.476

31%

5.629.343

1.311.604

4,3

19%

22%

335.549

6.450.012

46%

3.747.192

2.674.342

1,4

5%

9%

401 PENETRON HELLAS S.A. 402 PAPAEMMANOUIL S.A.

405 VALIADIS HELLENIC MOTORS S.A. 406 STAVRAKANTONAKIS G. S.A. 407 I. TSILEDAKIS S.A. 408 KARAGIANNIS THEOFILOS S.A. 409 ENGLEZOS COLOR S.A.

565.547

6.437.363

69%

11.314.665

911.342

12,4

9%

5%

1.059.179

6.433.002

31%

9.703.979

8.399.547

1,2

16%

11%

476.914

6.429.263

61%

3.897.895

3.663.311

1,1

7%

12%

403.705

6.410.087

88%

2.420.902

1.814.249

1,3

6%

17%

410 GEOANALYSIS S.A.

2.006.876

6.387.859

45%

9.382.870

814.314

11,5

31%

21%

A.C. 411 CONSTANTINIDIS “ASTIR CHOCOLATE MFG” S.A.

1.123.389

6.385.510

9%

5.456.899

1.064.173

5,1

18%

21%

412 VIOKEF N.T. KAKKOS S.A.

903.575

6.384.308

11%

9.379.887

2.564.760

3,7

14%

10%

413 FARCOM S.A.

986.576

6.379.816

81%

10.402.211

1.647.955

6,3

15%

9%

414 MIDIKI OF NORTHERN GREECE S.A.

532.173

6.374.115

110%

2.795.274

2.746.150

1,0

8%

19%

415 MAN AIR S.A.

506.965

6.373.920

62%

3.952.901

1.937.025

2,0

8%

13%

416 ELIADIS ALEXANDROS S.A.

599.523

6.372.689

16%

4.919.140

698.925

7,0

9%

12%

3.383.410

6.367.892

2%

27.582.779

292.030

94,5

53%

12%

418 ANOLIVE S.A.

753.089

6.344.454

177%

6.060.610

887.656

6,8

12%

12%

419 ISAAKIDIS S.A.

418.779

6.332.076

72%

3.297.390

2.352.737

1,4

7%

13%

420 KARAMANIS S.A.

752.311

6.299.514

17%

4.314.239

1.421.939

3,0

12%

17%

417 HOTELLAS S.A.

421 HELLENIKON S.A.

1.928.518

6.286.630

6%

5.971.753

4.713.440

1,3

31%

32%

422 KARAMOLENGOS G.& E. S.A.

1.395.254

6.282.500

17%

6.979.177

2.262.033

3,1

22%

20%

423 ALKI S.A.

728.503

6.271.820

8%

3.721.233

1.192.478

3,1

12%

20%

424 MAVROPOULOS K. S.A.

448.174

6.247.331

53%

6.859.720

751.315

9,1

7%

7%

425 POLYPRINT S.A.

874.909

6.246.247

36%

4.801.743

610.230

7,9

14%

18%

sorted by Turnover of 2019

100

DIAMONDS 2021



426 GLORIA J.N. SIAGRIS S.A.

Equity 2019

Total Liabilities 2019

Return on equity 2019

Turnover 2019

Net proft rate 2019

Profit 2019

426-468

Equity to borrowed capital ratio

Company Name

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria) Profitability Increase 2019 vs 2018

DIAMONDS of the Greek Economy 2021

794.035

6.228.963

53%

8.373.519

6.431.562

1,3

13%

9%

1.610.893

6.223.196

111%

17.400.049

3.141.454

5,5

26%

9%

428 M.S.T. TASTSIAN S.A.

945.942

6.220.425

46%

3.044.281

2.432.248

1,3

15%

31%

429 OTE INVESTMENT SERVICES S.A.

281.000

6.220.000

265%

4.000.000

796.000

5,0

5%

7%

430 ETROXYL S.A.

394.469

6.185.200

303%

7.834.153

1.395.197

5,6

6%

5%

431 GINOX S.A.

294.600

6.170.264

5%

5.273.138

2.515.874

2,1

5%

6%

432 TOP KRAFT S.A.

634.550

6.136.761

4%

2.811.477

1.700.895

1,7

10%

23%

433 TESA TAPE S.A.

545.940

6.132.975

1%

1.441.106

1.248.677

1,2

9%

38%

434 MONOSI SYSKEVASIA S.A.

1.137.274

6.086.185

156%

4.104.447

1.341.751

3,1

19%

28%

435 ASIMAKIS S.A.

3.336.615

6.082.743

41%

5.673.754

3.915.998

1,4

55%

59%

436 PASCAL S.A.

1.200.029

6.056.169

24%

2.267.097

1.254.957

1,8

20%

53%

437 VIOROL S.A.

550.325

6.004.615

45%

4.687.850

1.845.101

2,5

9%

12%

438 INOVA Σ.Α.

398.654

5.998.888

74%

3.622.359

3.268.267

1,1

7%

11%

439 YFANTIS DIANOMES THESSALIAS S.A.

457.391

5.997.873

104%

3.251.224

2.692.131

1,2

8%

14%

440 HELLENIC FOODSERVICE S.A.

330.400

5.946.630

107%

1.240.758

1.213.890

1,0

6%

27%

441 STEROPAL LTD.

557.153

5.934.646

29%

2.446.154

2.158.094

1,1

9%

23%

442 INTERGEO LTD.

793.324

5.913.867

53%

5.022.089

2.104.132

2,4

13%

16%

427 ELVE ENDIMATON S.A.

443 EVEXIA S.A.

1.124.786

5.897.875

1704%

6.877.632

3.542.367

1,9

19%

16%

G. 444 GKOTZAMANIDIS E. GKOTZAMANIDIS LTD.

268.324

5.890.450

6%

1.761.631

894.005

2,0

5%

15%

445 THERMOGROUP S.A.

640.831

5.889.816

28%

6.971.593

1.070.595

6,5

11%

9%

446 E. DONTA S.A.

3.212.590

5.884.715

10%

7.317.916

3.250.245

2,3

55%

44%

447 ASOFIN MANAGEMENT S.A.

353.412

5.882.253

9%

2.112.942

721.859

2,9

6%

17%

448 ACHAIA EDELWEISS S.A.

800.816

5.869.668

10%

5.441.429

1.798.989

3,0

14%

15%

449 MODELINA S.A.

188.937

5.851.098

254%

1.455.092

733.696

2,0

3%

13%

2.214.133

5.837.035

15%

12.997.770

883.462

14,7

38%

17%

451 FROST LINE S.A.

883.708

5.836.291

31%

2.913.970

1.781.557

1,6

15%

30%

452 HELM HELLAS S.A.

756.210

5.835.702

20%

5.934.527

2.705.259

2,2

13%

13%

453 KARALIS S.A.

198.777

5.835.481

51%

1.570.328

1.293.746

1,2

3%

13%

454 FARMA HALASTRAS S.A.

408.916

5.825.372

257%

4.070.000

3.028.261

1,3

7%

10%

450 ZISSIMOPOULOU ST. S.A.

455 PTINOTROFIKI IOANNINON S.A.

1.224.359

5.813.300

62%

6.145.356

2.092.995

2,9

21%

20%

456 PROCAR S.A.

618.473

5.759.549

8%

4.810.921

4.176.710

1,2

11%

13%

457 PRETTO S.A.

669.090

5.756.302

91%

2.843.316

1.824.420

1,6

12%

24%

458 KARL STORZ ENDOSKOPE GREECE LTD.

577.980

5.752.964

135%

2.649.982

1.250.834

2,1

10%

22%

459 YACHTING PROTECTION LTD.

527.994

5.752.228

257%

5.622.710

2.381.946

2,4

9%

9%

460 TZEVELEKIDIS S.A.

289.656

5.743.489

54%

3.322.466

582.250

5,7

5%

9%

461 SCADRACK SERVICE LTD.

674.418

5.740.033

136%

1.863.572

995.385

1,9

12%

36%

462 H.B. FULLER GREEK GLUE INDUSTRY S.A.

248.421

5.724.282

6%

1.750.709

1.376.223

1,3

4%

14%

463 TOURON S.A.

402.747

5.720.934

48%

2.694.310

1.037.935

2,6

7%

15%

464 VOUTSADAKIS S.A.

841.820

5.711.548

149%

3.014.152

2.839.808

1,1

15%

28%

465 SIAFARAS AR. S.A.

1.179.908

5.709.901

75%

13.553.180

2.345.289

5,8

21%

9%

466 KAYAK S.A.

700.743

5.700.505

44%

3.367.318

3.336.628

1,0

12%

21%

467 INTERMAR WORLD S.A.

318.676

5.690.160

2%

1.557.605

623.742

2,5

6%

20%

1.253.011

5.671.338

6%

10.515.246

1.009.083

10,4

22%

12%

468 C. ZONAS S.A.

sorted by Turnover of 2019

102

DIAMONDS 2021



469-506

5.668.398

105%

5.481.405

1.735.261

3,2

18%

18%

5.662.049

95%

7.737.697

1.324.130

5,8

57%

42%

471 RODA S.A.

678.332

5.643.344

19%

4.356.724

2.102.724

2,1

12%

16%

472 BALCON'S LTD.

284.716

5.623.933

153%

3.110.646

2.002.337

1,6

5%

9%

473 FARAD S.A.

788.827

5.622.296

298%

3.550.593

3.322.660

1,1

14%

22%

1.184.828

5.613.727

99%

9.015.183

2.305.911

3,9

21%

13%

475 CALORIA S.A.

285.448

5.602.226

58%

3.387.733

2.292.470

1,5

5%

8%

476 BROADCOM S.A.

397.849

5.598.483

3%

3.553.210

1.803.471

2,0

7%

11%

1.607.989

5.592.564

34%

5.875.340

3.198.945

1,8

29%

27%

478 ITALY LINES S.A.

410.375

5.589.414

4%

2.548.970

1.497.319

1,7

7%

16%

479 KOTHROS NIKITAS S.A.

381.744

5.554.512

6%

2.675.777

1.823.230

1,5

7%

14%

469 ERGOASFALTIKI S.A. 470 MEDIWAY LTD.

474 HELLAS SAT S.A.

477 SKOURAS S.A.

480 CHRISTIAS G. SONS S.A. “AGER”

Profit 2019

Turnover 2019

Equity 2019

Total Liabilities 2019

Equity to borrowed capital ratio

996.474 3.235.376

Company Name

Profitability Increase 2019 vs 2018

Return on equity 2019

THE MOST ADMIRED ENTERPRISES (Based on 5 criteria)

Net proft rate 2019

DIAMONDS of the Greek Economy 2021

513.413

5.518.465

7%

3.792.079

3.434.240

1,1

9%

14%

1.960.993

5.487.256

101%

3.586.143

1.176.203

3,0

36%

55%

482 CHRISTOFOROS E. LTD.

426.621

5.447.691

64%

1.181.940

567.868

2,1

8%

36%

483 VITSAROPOULOS MILTIADIS S.A.

500.144

5.423.490

13%

2.009.679

1.066.036

1,9

9%

25%

484 ENVIROCLIMA S.A.

345.412

5.423.468

66%

1.337.620

1.014.890

1,3

6%

26%

485 GLASSART S.A.

811.667

5.412.770

3918%

4.729.850

1.817.780

2,6

15%

17%

486 NOVENTA S.A.

293.736

5.392.223

8%

2.127.196

2.073.494

1,0

5%

14%

487 INTERPOSTO S.A.

190.912

5.369.815

71%

1.111.632

690.528

1,6

4%

17%

1.442.406

5.369.125

81%

4.222.015

1.122.879

3,8

27%

34%

489 MOVIELAB S.A.

922.482

5.362.759

3%

6.216.484

1.774.429

3,5

17%

15%

490 KOKOTIS ATH. BROS S.A

669.907

5.328.792

45%

4.908.088

1.125.572

4,4

13%

14%

491 GOLDCHEM LTD.

676.811

5.317.283

16%

3.168.025

1.380.051

2,3

13%

21%

492 KATHARIOS S.A.

1.083.280

5.295.518

117%

3.592.628

756.848

4,7

20%

30%

493 GOLDEN DOOR S.A.

233.694

5.291.396

4167%

3.800.522

1.511.409

2,5

4%

6%

495 ERGOROI S.A.

167.912

5.261.414

42%

4.962.922

1.349.671

3,7

3%

3%

496 KAMPRANIS K. S.A.

531.281

5.261.107

43%

3.277.186

200.619

16,3

10%

16%

COMPETITIVENESS 497 SOFTWARE INTERNATIONAL S.A.

803.262

5.254.498

33%

812.609

749.709

1,1

15%

99%

1.071.384

5.249.563

24%

5.356.285

506.620

10,6

20%

20%

499 IPEIROTISA A. GIALERNIOU LTD.

749.095

5.243.281

181%

1.500.719

1.327.900

1,1

14%

50%

500 SEGE S.A.

381.194

5.232.185

42%

5.166.158

1.163.909

4,4

7%

7%

2.012.447

5.206.635

12%

7.638.559

873.486

8,7

39%

26%

475.406

5.191.512

11%

5.338.979

1.569.120

3,4

9%

9%

1.000.744

5.190.488

51%

2.858.289

2.019.207

1,4

19%

35%

504 VIOMES S.A.

538.346

5.177.255

86%

6.351.397

622.745

10,2

10%

8%

505 PENTAGON S.A.

752.597

5.175.775

30%

1.624.329

1.462.069

1,1

15%

46%

4.163.000

5.173.000

61%

25.742.000

24.556.000

1,0

80%

16%

481 PHAISTOS NETWORKS S.A.

488 K. GERMANOS - MEDICALS S.A.

498 DORMED HELLAS S.A.

501 PRISMA S.A. 502 KYKLOPODILATIKI S.A. 503 PETROGIANNIS METALS S.A.

506 ENERGEIAKI SERBOUNIOU S.A.

sorted by Turnover of 2019

104

DIAMONDS 2021


THE MOST ADMIRED ENTERPRISES

(Based on profitability)


"Pre-tax income 2018"

"Pre-tax income 2019"

1

TELECOMMUNICATION 11 HELLENIC ORGANIZATION (OTE) S.A.

TELECOMMUNICATIONS

1.582.600.000

1.613.200.000

2%

308.200.000

706.500.000

129%

2

– MOBILE 17 COSMOTE TELECOMMUNICATIONS S.A.

TELECOMMUNICATIONS

1.117.612.000

1.136.210.000

2%

655.787.000

550.566.000

-16%

3

1 HELLENIC PETROLEUM S.A.

PETROLEUM PRODUCTS

8.967.702.000

8.023.563.000

-11%

669.577.000

350.093.000

-48%

4

OIL HELLAS CORINTH 2 MOTOR REFINERIES S.A.

PETROLEUM PRODUCTS

7.237.589.000

6.936.469.000

-4%

316.995.000

268.665.000

-15%

--

1.294.097.000

1.369.923.000

6%

200.008.000

268.315.000

34%

105.922.000

107.909.000

2%

96.608.000

239.766.000

148%

478.714.977

506.686.722

6%

239.682.891

224.898.230

-6%

81.604.340

82.414.923

1%

1.975.254

137.566.449

6864%

247.397.000

249.028.000

1%

104.143.000

133.389.000

28%

5

Company name

14 OPAP S.A.

Sector

REAL ESTATE INVESTMENT REAL ESTATE 212 PRODEA COMPANY S.A.

6

INTERNATIONAL 36 ATHENS AIRPORT S.A.

7 8

271 BRISTOL-MYERS SQUIBB S.A. POWER 80 INDEPENDENT TRANSMISSION OPERATOR S.A.

9 10

83 DESFA S.A.

11

6 PIRAEUS BANK S.A.

12

12 MYTILINEOS HOLDINGS S.A.

TRANSPORTS PHARMACEUTICALS COSMETICS ---

"Pre-tax income change"

Turnover 2019

"Turnover change"

1-37

Turnover 2018

Sorted by Profits

Sorted by Turnover

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

199.485.000

243.349.000

22%

99.608.000

130.209.000

31%

BANKS

1.772.000.000

2.106.000.000

19%

-57.000.000

130.000.000

0%

HOLDING COMPANIES

1.226.117.000

1.569.308.000

28%

151.112.000

104.931.000

-31%

13

20 DEDDIE S.A.

ENERGY

890.524.000

891.768.000

0%

-14.078.000

99.362.000

0%

14

43 PAPASTRATOS TOBACCO S.A.

TOBACCO PRODUCTS

320.894.686

413.689.406

29%

33.883.666

98.572.383

191%

15

108 ATTIKI ODOS S.A.

16

25 KARELIA TOBACCO S.A.

17

198 CHIPITA S.A. SUPPLY & SEWERAGE CO 58 WATTER OF ATHENS (EYDAP) S.A.

18

MISCELLANEOUS SERVICES

185.765.000

192.707.000

4%

96.312.000

91.533.000

-5%

TOBACCO PRODUCTS

694.754.000

736.670.000

6%

98.990.000

85.594.000

-14%

FOOD PRODUCTS

131.002.000

113.151.000

-14%

23.754.000

84.916.000

257%

--

322.396.000

323.744.000

0%

80.314.000

84.047.000

5%

19

10 ALPHA BANK S.A.

BANKS

2.003.984.000

1.734.294.000

-13%

-387.421.000

81.821.000

0%

20

22 '' H ENTHIKI '' S.A.

INSURANCE

586.580.000

836.637.000

43%

63.144.000

81.694.000

29%

21

42 JUMBO S.A.

MISCELLANEOUS PRODUCTS

391.875.017

414.556.835

6%

72.879.763

80.494.600

10%

22

5986 OLYMPIA GROUP S.A.

HOLDING COMPANIES

1.089.000

1.613.000

48%

-6.678.000

79.727.000

0%

147 S.A.RANTIS G. S.A.

PHARMACEUTICALS DETERGENTS

135.575.845

149.947.139

11%

3.889.767

78.480.932

1918%

AIRLINES

961.057.450

1.049.449.560

9%

73.783.490

67.671.080

-8%

23 24

18 AEGEAN AIRLINES S.A.

25

263 PAVLIDIS MARBLE-GRANITES S.A.

NON-METALLIC MINERALS

80.658.574

84.064.312

4%

40.866.095

62.110.261

52%

26

640 LAMDA OLYMPIA VILLAGE S.A.

REAL ESTATE

33.326.079

34.128.489

2%

15.416.450

59.979.038

289%

27

19 VODAFONE - PANAFON S.A.

TELECOMMUNICATIONS

899.200.000

957.200.000

6%

55.200.000

55.700.000

1%

28

GAS CORPORATION 24 PUBLIC (DEPA) S.A.

--

970.943.958

759.967.510

-22%

305.259.463

55.233.665

-82%

29 30 31 32 33 34

70 HELLENIC DUTY FREE SHOPS S.A. 222 F.H.L. KYRIAKIDIS E. S.A. FHL 800 74 SERVICE TELEPERFORMANCE S.A. 148 PEIREAS PORT AUTHORITY S.A. 13 ELVALHALCOR S.A. EPITROPI TILEPIKOINONION 533 ENTHNIKI KAI TAXYDROMEION

35

47 OLYMPIC AIR S.A.

36

946 LAMDA DOMI S.A.

37

106

94 AUTOHELLAS (HERTZ) S.A.

DIAMONDS 2021

TRANSPORTS

273.201.000

289.999.000

6%

44.168.000

51.430.000

16%

NON-METALLIC MINERALS

129.023.144

100.817.871

-22%

70.634.164

48.176.852

-32%

MISCELLANEOUS SERVICES

224.090.291

276.098.471

23%

46.793.113

48.136.485

3%

TRANSPORTS METALLIC PRODUCTS MISCELLANEOUS SERVICES AIRLINES

132.931.041

149.222.056

12%

42.332.514

47.606.300

12%

1.486.972.000

1.429.922.000

-4%

53.949.000

46.419.000

-14%

40.628.235

40.672.509

0%

41.094.436

43.588.051

6%

317.557.000

357.368.000

13%

24.917.000

39.033.000

57%

REAL ESTATE

21.610.307

21.875.204

1%

32.838.450

37.508.106

14%

CAR RENTALS

221.122.086

224.730.807

2%

35.915.959

36.412.189

1%



"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Sector

38-72

Turnover 2019

Company name

Turnover 2018

Sorted by Profits

Sorted by Turnover

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

38

50 NESTLE HELLAS S.A

FOOD PRODUCTS

339.628.963

347.536.342

2%

42.929.889

35.682.697

-17%

39

PIREAUS CONTAINER 91 PCT TERMINAL S.A.

TRANSPORTS

195.744.619

228.739.877

17%

30.846.535

34.822.224

13%

40

406 ROKAS CH. S.A.

METALLIC PRODUCTS

53.039.000

53.327.000

1%

31.998.000

32.007.000

0%

41

771 DAPEEP S.A.

ENERGY

116.253.636

27.920.716

-76%

115.404.484

30.966.813

-73%

42

110 OLYMPIC S.A.

CAR RENTALS

177.428.000

190.797.000

8%

27.175.000

30.727.000

13%

43

272 EURONET CARD SERVICES S.A.

MISCELLANEOUS SERVICES

69.409.166

81.995.814

18%

16.523.916

30.455.496

84%

44

204 IMERYS INDUSTRIAL ORES S.A.

NON-METALLIC MINERALS

114.162.000

111.253.000

-3%

35.707.000

30.078.000

-16%

45

81 FRAPORT "Α" S.A.

TRANSPORTS

231.485.272

248.071.124

7%

18.080.299

29.036.689

61%

46

53 ATHENIAN BREWERY S.A.

BEVERAGES - SPIRITS

324.700.329

334.514.955

3%

17.613.007

28.975.354

65%

47

99 BIC VIOLEX

MISCELLANEOUS PRODUCTS

170.732.360

203.507.435

19%

10.902.339

28.610.749

162%

1.986.336.000

1.947.871.000

-2%

54.006.000

28.506.000

-47%

VASSILOPOULOS 8 “ALFA-BETA” SINGLE MEMBER S.A.

48

SUPERMARKET

49

II VIOTIA THERMOELECTRIC 155 HERON POWER PLANT S.A.

ENERGY

131.013.000

144.363.000

10%

-6.270.000

28.403.000

0%

50

154 PLASTIKA KRITIS S.A.

PLASTICS - RUBBER

139.202.000

144.499.000

4%

24.337.000

27.937.000

15%

51

ATHENS DIAGNOSTIC & 159 HYGEIA THERAPEUTIC CENTER S.A.

MEDICAL SERVICES

132.345.000

143.106.000

8%

14.913.000

27.599.000

85%

52

577 E TRAVEL S.A.

TOURISM ENTERPRISES

47.433.060

38.231.446

-19%

19.867.031

27.382.141

38%

131.193.464

134.901.982

3%

20.500.652

26.933.014

31%

9.257.612

10.296.161

11%

-2.171.322

26.931.884

0%

53 54

170 NEA ODOS S.A. 1819 G.E.O.K. S.A.

MISCELLANEOUS SERVICES FOOD PRODUCTS

55

383 THESS.A.LONIKI THESS.A.LIA GAS S.A.

ENERGY

52.828.000

56.678.000

7%

24.689.426

26.597.000

8%

56

FIRST ESK ENGINEERING 150 ERMA SOLUTIONS S.A.

MACHINES - APPLIANCES

42.675.724

146.357.330

243%

3.761.683

26.323.071

600%

57

103 PFIZER HELLAS S.A.

PHARMACEUTICALS - COSMETICS

226.980.853

195.496.977

-14%

18.480.795

25.266.111

37%

0

0

0%

10.288.069

25.241.886

145%

138.215.108

154.567.363

12%

13.012.875

24.833.930

91%

58

8456 INTERLIFE S.A.

INSURANCE

59

140 DEMO S.A.

PHARMACEUTICALS DETERGENTS

60

373 ATTIKI GAS SUPPLY S.A.

ENERGY

51.144.706

57.939.567

13%

15.623.049

24.154.749

55%

LEASING

61

1780 ETHNIKI LEASING S.A.

62

98 PHARMATHEN S.A.

6.934.000

10.526.000

52%

8.497.000

23.911.000

181%

PHARMACEUTICALS DETERGENTS

178.809.351

205.068.100

15%

15.467.921

23.885.930

54%

122.070.357

134.584.502

10%

20.068.608

23.331.491

16%

58.534.688

68.981.070

18%

23.734.364

23.034.948

-3%

152.625.413

163.765.357

7%

23.741.044

22.970.812

-3%

0

0

0%

14.941.000

22.450.000

50%

63

171 LEASEPLAN HELLAS S.A.

LEASING

64

320 THESS.A.LONIKI PORT AUTHORITY S.A.

TRANSPORTS

65

129 L'OREAL HELLAS S.A.

PHARMACEUTICALS COSMETICS

66

RELIANCE GENERAL 8439 EUROPEAN INSURANCE CO S.A.

INSURANCE

67

281 KARATZIS S.A.

MISCELLANEOUS PRODUCTS

69.978.217

79.763.739

14%

9.684.174

22.424.548

132%

68

609 MERMEREN KOMBINAT AD PRILEP

NON-METALLIC MINERALS

39.940.803

36.144.203

-10%

25.045.216

22.303.975

-11%

69

264 TERNA ENERGEIAKI S.A.

--

98.301.000

84.047.000

-15%

21.833.000

21.461.000

-2%

325.922.365

576.272.152

77%

9.315.131

21.256.255

128%

70

INGELHEIM 31 BOEHRINGER HELLAS S.A.

PHARMACEUTICALS DETERGENTS

71

879 PYLAIA S.A.

REAL ESTATE

22.951.951

23.605.247

3%

42.469.975

20.766.847

-51%

72

WATER SUPPLY & 304 THESS.A.LONIKI SEWERAGE CO. S.A.

--

73.030.000

72.686.000

0%

20.606.000

20.624.000

0%

108

DIAMONDS 2021


Ε Λ ΛΗΝΙΚ Η ΦΑΡΜ ΑΚΕ Υ Τ ΙΚΗ ΒΙΟΜΗΧ ΑΝΙΑ

από το 1934

Αξιοπιστία, αφοσίωση, ποιοτική παραγωγή µε στόχο τη βελτίωση της ανθρώπινης υγείας

ADELCO A.E. Βιοµηχανία Φαρµάκων & Καλλυντικών Πειραιώς 37, 18346 Μοσχάτο, Τηλ. 210 4819311, e-mail: info@adelco.gr, www.adelco.gr


125 AXA ASFALISTIKI S.A.

75

343 ARIVIA S.A.

76

2989 UNISOFT S.A. ELLINIKI ETAIREIA 139 INTERAMETICAN ASFALISEON ZIMION S.A.

77 78

38 COCA - COLA TRIA EPSILON (3E)

79

891 EUROBANK EFG FACTORS S.A.

80

67%

-3.807.062

20.595.618

0%

INSURANCE

144.517.000

175.048.000

21%

17.283.000

20.313.000

18%

51.810.589

62.812.844

21%

14.880.245

20.261.521

36%

6.665.685

5.481.221

-18%

117.425

19.972.842

-

INSURANCE

147.415.695

154.839.170

5%

15.158.031

19.379.985

28%

BEVERAGES - SPIRITS

480.700.000

475.000.000

-1%

16.400.000

18.900.000

15%

24.620.668

23.146.192

-6%

21.203.201

18.864.788

-11%

33 DSGI SOUTH-EAST EUROPE S.A.

531.452.851

546.868.455

3%

16.671.632

18.299.581

10%

1.458.323

1.433.996

-2%

8.216.879

18.200.367

122%

0

0

0%

-78.700

18.169.800

0%

94.234.441

112.902.961

20%

14.240.014

17.569.589

23%

FOOD PRODUCTS TELECOMMUNICATIONS

MISCELLANEOUS SERVICES ELECTRICAL APPLIANCES

81

6256 AKTOR CONCESSIONS S.A.

HOLDING COMPANIES

82

8436 METEORE HELLAS S.A.

REAL ESTATE

83

200 KRI-KRI DAIRY INDUSTRY S.A.

84

112 PROMETHEUS GAS S.A.

85

71 ΒΡ OIL HELLENIC S. A.

86

605 HALYPS BUILDING MATERIALS S.A.

87

7 CORAL S.A.

FOOD PRODUCTS

"Pre-tax income change"

321.283.697

"Pre-tax income 2019"

191.889.813

Sector

Turnover 2019

"Pre-tax income 2018"

74

"Turnover change"

HELLENIC ELECTRICITY 59 FULGOR CABLES S.A.

73

73-111

ELECTRICAL SUPPLIES

Company name

Turnover 2018

Sorted by Profits

Sorted by Turnover

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

--

230.283.557

189.802.229

-18%

15.037.327

17.550.783

17%

PETROLEUM PRODUCTS

318.003.386

289.166.931

-9%

20.124.644

17.397.619

-14%

31.727.320

36.274.276

14%

-1.911.403

17.266.734

0%

1.976.181.000

2.075.256.000

5%

30.310.000

16.694.000

-45%

FOOD PRODUCTS

281.416.458

303.481.059

8%

20.933.129

16.606.908

-21%

NON-METALLIC MINERALS PETROLEUM PRODUCTS

88

DAIRIES SOCIETE 65 HELLENIC ANONYME

89

173 ELPEN PHARMACEUTICAL S.A.

PHARMACEUTICALS DETERGENTS

125.454.370

132.771.523

6%

6.069.005

15.507.637

156%

90

185 AGROINVEST S.A.

FOOD PRODUCTS

109.240.342

122.578.794

12%

11.840.271

15.083.187

27%

57 SHELL & MOH S.A. AVIATION FUEL

PETROLEUM PRODUCTS

353.353.376

324.245.878

-8%

13.056.337

14.762.448

13%

92

89 TOYOTA HELLAS S.A.

TRANSPORTATION MEANS & SPARE PARTS

213.532.786

232.790.629

9%

17.285.284

14.698.497

-15%

93

184 GENESIS PHARMA S.A.

PHARMACEUTICALS - COSMETICS

117.239.524

122.752.547

5%

12.947.200

14.588.383

13%

94

167 FIBRAN ANASTASSIADES D. S.A.

PLASTICS - RUBBER

135.328.703

137.541.192

2%

14.162.721

14.408.915

2%

91

95

4295 PROBANK LEASING S.A.

LEASING

2.697.000

3.146.000

17%

2.483.000

14.259.000

474%

157.608.652

173.838.754

10%

12.098.513

14.098.302

17%

74.743.989

79.118.240

6%

12.329.677

13.821.535

12%

MISCELLANEOUS SERVICES

18.692.694

18.319.326

-2%

14.069.638

13.773.551

-2%

MISCELLANEOUS PRODUCTS

48.777.456

52.926.004

9%

11.880.686

13.499.686

14%

96

126 PAPADOPOULOS E.I. S.A.

97

283 EPIROTIKI BOTTLING COMPANY S.A. BEVERAGES - SPIRITS

98

1112 ABC FACTORS S.A.

99

411 KORONAKIS D. S.A.

100

233 GOLDAIR HANDLING S.A.

101

86 ZENITH GAS & LIGHT S.A.

FOOD PRODUCTS

85.743.856

95.216.278

11%

10.504.863

13.274.628

26%

ENERGY

TRANSPORTS

190.228.031

240.168.280

26%

12.266.377

13.231.567

8%

102.590.744

110.079.036

7%

12.323.771

13.200.125

7%

23.821.053

26.698.658

12%

10.045.979

13.096.367

30%

449.969.815

450.131.847

0%

12.802.196

13.057.572

2%

47.100.000

61.400.000

30%

5.600.000

13.000.000

132%

102

209 ACS S.A.

MISCELLANEOUS SERVICES

103

ENERGEIAKH 805 AIOLIKI PELOPONNISOY S.A.

ENERGY

104

40 PENTE S.A.

SUPERMARKET

105

353 COCA - COLA HBC LTD.

MISCELLANEOUS SERVICES

106

119 BLUE STAR FERRIES MARITIME S.A.

TRANSPORTS

155.760.000

185.222.000

19%

-26.742.000

12.949.000

0%

107

87 PROCTER & GAMBLE HELLAS LTD.

PHARMACEUTICALS COSMETICS

223.928.194

238.869.530

7%

7.478.785

12.934.319

73%

193.627.300

203.373.591

5%

10.157.761

12.672.680

25%

56.403.897

61.431.837

9%

11.492.743

12.610.631

10%

108

100 MEGA DISPOS.A.BLES S.A.

PAPER

109

352 ROLEX HELLAS S.A.

MISCELLANEOUS PRODUCTS

110

124 SYSTEMS SUNLIGHT S.A.

ELECTRICAL SUPPLIES

107.533.735

177.814.126

65%

11.173.206

12.462.535

12%

111

120 ATTICA DEPARTMENT STORES S.A.

CLOTHING - FOOTWEAR

181.314.641

183.742.944

1%

12.192.846

12.246.631

0%

110

DIAMONDS 2021



IPRT INSTITUTE FOR 230 PHARMACEUTICAL RESEARCH & TECHNOLOGY S.A.

115

162 CENTRAL GREECE MOTORWAY S.A.

116

66 GERMANOS S.A.

"Pre-tax income change"

114

"Pre-tax income 2019"

616 LOUIS VUITTON HELLAS S.A.

"Pre-tax income 2018"

113

"Turnover change"

210 JOHNSON & JOHNSON HELLAS S.A. PHARMACEUTICALS DETERGENTS

Sector

112-148

Turnover 2019

Sorted by Turnover

112

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

103.797.981

109.422.958

5%

6.883.830

12.237.367

78%

CLOTHING - FOOTWEAR

27.413.811

35.683.422

30%

9.223.988

12.155.788

32%

PHARMACEUTICALS COSMETICS

85.723.176

97.282.792

13%

9.396.740

12.097.177

29%

TRANSPORTS MOBILE TELEPHONY

27.278.024

141.467.379

419%

-24.445.947

11.833.725

0%

297.761.000

302.114.000

1%

3.549.000

11.788.000

232%

117

S.A. HELLENIC HOTELS 336 LAMPS.A. COMPANY

HOTELS

54.667.000

65.075.000

19%

12.469.000

11.749.000

-6%

118

361 VIVECHROM DR. STEPHANOS D. PATERAS S.A.

CHEMICAL PRODUCTS

61.142.781

60.046.664

-2%

9.694.588

11.739.459

21%

770.349.000

829.817.000

8%

14.033.000

11.710.000

-17%

26.293.197

26.602.016

1%

4.917.676

11.646.709

137%

108.251.530

113.561.913

5%

10.590.203

11.606.905

10%

24.728.815

30.291.931

22%

10.289.175

11.278.282

10%

31.423

23.128

-26%

-260.369

11.053.195

0%

DIAMANTIS 23 MASSOUTIS SUPERMARKET S.A.

119

SUPERMARKET

120

807 PPC RENEWABLES S.A.

ENERGY

121

COCOA & CHOCOLATE 197 ION MANUFACTURERS S.A.

FOOD PRODUCTS

122

723 EMV S.A.

ENERGY

123

N. 8318 CANELLOPOULOS ADAMANTIADIS CH. S.A.

INSURANCE

124

135 HALKIADAKIS S.A.

SUPERMARKET

155.276.295

158.967.367

2%

9.896.110

11.034.052

11%

125

623 LOUX MARLAFEKAS S.A.

BEVERAGES - SPIRITS

34.490.787

35.333.594

2%

4.188.998

10.892.158

160%

126

SHIPPING 301 MEDITERRANEAN COMPANY GREECE S.A.

MISCELLANEOUS SERVICES

70.800.971

73.455.396

4%

11.447.696

10.846.844

-5%

127

168 OPTIMA S.A.

FOOD TRADE

133.832.819

137.220.615

3%

9.306.937

10.446.529

12%

128

303 KAFEA TERRA FOOD & DRINKS S.A.

FOOD PRODUCTS

129

134 LANDIS + GYR S.A.

MISCELLANEOUS PRODUCTS

130

268 ARAMBATZIS MICH. S.A.

FOOD PRODUCTS

131

95 SEKA BUNKERING STATIONS S.A. & YOUNG BUSINESS 333 ERNST ADVISORY SOLUTIONS S.A.

132 133

35 NN S.A.

PETROLEUM PRODUCTS FINANCIAL SERVICES INSURANCE

65.638.458

72.908.508

11%

8.270.532

10.444.319

26%

160.602.049

159.718.664

-1%

9.561.083

10.403.582

9%

75.351.000

83.100.000

10%

9.963.000

10.361.000

4%

176.562.021

223.433.153

27%

7.972.195

10.352.057

30%

60.415.467

65.781.290

9%

11.499.976

10.340.812

-10%

407.345.000

509.952.000

25%

2.400.000

10.225.000

326%

134

399 ATLANTIKA HELLAS S.A.

HOTELS

37.225.090

54.296.356

46%

12.556.181

10.113.333

-19%

135

559 ELECTOR S.A.

MISCELLANEOUS SERVICES

48.753.000

39.165.000

-20%

13.770.000

9.912.000

-28%

136

128 KORINTHOS POWER S.A

ENERGY

146.235.718

164.688.327

13%

2.074.336

9.822.734

374%

137

288 FLEXOPACK S.A.

PLASTICS - RUBBER

72.424.000

77.260.000

7%

10.148.000

9.795.000

-3%

138

HELLAS INFLIGHT 379 NEWREST SERVICES S.A.

FOOD PRODUCTS

53.559.436

57.257.081

7%

9.710.334

9.783.540

1%

139

315 YDROGEIOS S.A.

INSURANCE

56.466.098

69.681.507

23%

6.502.558

9.667.493

49%

140

2127 TRASTOR S.A.

141

452 ALCHIMICA S.A.

142 143

15 METRO S.A. 5215 EDF EN HELLAS S.A.

144

27 HERMES S.A.

REAL ESTATE CHEMICAL PRODUCTS SUPERMARKET ENERGY

5.577.628

8.491.148

52%

3.490.039

9.591.571

175%

40.265.296

47.904.584

19%

4.955.136

9.565.942

93%

1.190.626.027

1.259.646.454

6%

8.475.460

9.506.265

12%

2.402.041

2.253.081

-6%

11.933.598

9.412.525

-21%

PETROLEUM PRODUCTS

661.911.000

692.017.000

5%

7.000.000

9.243.000

32%

147.834.222

158.484.921

7%

-107.095

9.193.571

0%

145

136 OLYMPIC BREWERY S.A.

BEVERAGES - SPIRITS

146

699 MULTY FOAM S.A.

PLASTICS - RUBBER

27.840.307

31.415.800

13%

4.295.425

9.134.181

113%

147

MAGNETIC 789 IATROPOLIS TOMOGRAFY S.A.

MEDICAL SERVICES

25.681.666

27.024.034

5%

6.593.046

9.103.350

38%

148

232 MAVROGENIS ANASTASIOS S.A.

SCIENTIFIC & MEDICAL DEVICES

90.373.459

96.191.398

6%

3.231.535

8.997.297

178%

112

DIAMONDS 2021



150

7678 ATTIKI DIODOS S.A.

151

169 HELLENIC SEAWAYS S.A.

152

1693 HARITOPOULOS D.N. S.A.

153

334 VOLVO CAR HELLAS S.A.

154

476 HOTELS LOUIS S.A.

155

73 SOYA HELLAS S.A.

-TRANSPORTS NON-METALLIC MINERALS TRANSPORTATION MEANS & SPARE PARTS HOTELS FOOD PRODUCTS

"Pre-tax income 2019"

38.773.268

38.443.035

-1%

9.599.157

8.997.231

"Pre-tax income change"

"Pre-tax income 2018"

HOTELS

"Turnover change"

574 CARAVEL HOTELS S.A.

Sector

149-186

Turnover 2019

Sorted by Turnover

149

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

-6%

1.161.086

533.648

-54%

-2.617.488

8.941.685

0%

134.143.000

136.876.000

2%

-16.000

8.745.000

0%

8.159.210

11.213.602

37%

5.577.399

8.728.676

57%

60.707.970

65.669.615

8%

4.550.920

8.727.678

92%

44.967.171

45.576.498

1%

10.548.134

8.671.330

-18%

276.198.856

279.937.937

1%

7.897.499

8.613.573

9%

156

327 BIOMAR HELLENIC S.A.

FOOD PRODUCTS

67.912.811

67.826.885

0%

9.135.359

8.475.621

-7%

157

940 SMYRDEX S.A.

NON-METALLIC MINERALS

19.785.014

22.023.130

11%

7.772.674

8.452.550

9%

158

693 MEDIPRIME S.A.

SCIENTIFIC & MEDICAL DEVICES

31.836.878

31.654.551

-1%

8.832.062

8.316.956

-6%

159

319 UNI-PHARMA KLEON TSETIS S.A.

PHARMACEUTICALS DETERGENTS

60.857.794

68.997.936

13%

3.677.388

8.283.226

125%

160

191 TASTY FOODS S.A.

FOOD PRODUCTS

107.147.232

117.492.370

10%

6.915.713

7.877.461

14%

161

580 GLAROS S.A.

162

62 ELTA

PAPER MISCELLANEOUS SERVICES

35.988.749

37.955.107

5%

8.259.516

7.860.286

-5%

324.871.000

313.480.000

-4%

-15.017.000

7.784.000

0%

163

597 AEK S.A.

FOOTBALL CLUBS

24.144.686

36.919.176

53%

1.259.814

7.748.525

515%

164

MATERNITY CLINIC & 291 MITERA SURGICAL CENTER S.A.

MEDICAL SERVICES

67.239.269

76.483.607

14%

3.246.331

7.744.963

139%

165

646 ALPLA GREECE S.M.S.A.

PLASTICS - RUBBER

31.266.966

33.574.720

7%

1.467.391

7.724.572

426%

166

236 F.G. EUROPE S.A.

MISCELLANEOUS PRODUCTS

78.293.000

94.097.000

20%

1.035.000

7.670.000

641%

BEVERAGES - SPIRITS

16.216.171

15.109.581

-7%

8.625.179

7.549.027

-12%

HOTELS

24.131.394

26.067.672

8%

5.104.391

7.444.379

46%

0

0

0%

1.371.000

7.401.000

440%

198.083.000

188.789.000

-5%

1.094.000

7.377.000

574%

167

1297 KALOGIANNIS-KOUTSIKOS S.A.

168 169

820 IKOS OLIVIA S.A. 8440 ATTICA S.A.

HOLDING COMPANIES

170

GENERAL CEMENT CO. 115 HERACLES S.A.

NON-METALLIC MINERALS

171

980 COLGATE PALMOLIVE HELLAS S.A.

PHARMACEUTICALS DETERGENTS

20.449.836

21.094.928

3%

4.397.236

7.368.085

68%

172

- MITSIOLIDIS S.A. '' 404 BOZATZIDIS AGROTECH S.A. ''

MACHINERY

60.514.921

53.731.656

-11%

11.479.794

7.356.804

-36%

173

323 ISOMAT S.A.

CHEMICAL PRODUCTS

57.426.132

68.105.456

19%

5.094.590

7.332.560

44%

174

418 SEPHORA GREECE S.A.

PHARMACEUTICALS COSMETICS

50.308.009

52.379.045

4%

-906.718

7.318.194

0%

ENERGY

11.319.000

10.116.000

-11%

8.383.000

7.256.000

-13%

175

1845 AIOLIKI PASTRA ATTIKIS S.A.

176

AND M HENNES 133 H AND MAURITZ S.A.

CLOTHING - FOOTWEAR

154.508.597

159.997.568

4%

8.287.922

7.212.768

-13%

177

286 REYKAP S.A.

ELECTRICAL SUPPLIES

78.950.290

78.264.837

-1%

2.251.858

7.196.370

220%

178

641 MEGAPLAST S.A.

PLASTICS - RUBBER

31.925.847

34.123.039

7%

6.810.118

7.163.131

5%

7.407.296

7.556.337

2%

8.858.870

7.161.383

-19%

87.110.259

85.714.695

-2%

7.609.788

7.066.225

-7%

2.755.102

2.823.047

2%

1.024.599

7.011.318

584%

PHARMACEUTICALS COSMETICS

148.436.461

139.527.435

-6%

7.933.705

7.006.928

-12%

--

243.365.980

231.641.836

-5%

12.595.519

6.959.614

-45%

76.455.421

76.422.869

0%

5.675.316

6.944.185

22%

11.854.505

12.109.399

2%

7.243.602

6.938.507

-4%

176.623.000

190.671.000

8%

5.725.000

6.927.000

21%

179

2350 INTERCONTINENTAL INTERNATIONAL S.A.

180

257 PROMETALBAKLI S.A.

181

4585 MAROUSI PLAZA S.A.

182

164 BAYER HELLAS S.A.

183

90 SYMETAL S.A.

184 185

292 JOTIS S.A. 1573 VOUCHERS SERVICES S.A.

186

114

111 ATHENS MEDICAL S.A.

DIAMONDS 2021

MISCELLANEOUS SERVICES METALLIC PRODUCTS REAL ESTATE

FOOD PRODUCTS MISCELLANEOUS SERVICES MEDICAL SERVICES



189

OFFICE DEVICES

87.311.000

93.245.000

7%

7.682.000

6.848.000

-11%

FOOD PRODUCTS

49.085.098

52.154.626

6%

8.956.588

6.716.224

-25%

45 ELAIS - UNILEVER HELLAS S.A.

360.985.028

361.876.011

0%

-26.385.196

6.713.330

0%

Sector

PHARMACEUTICALS DETERGENTS

"Pre-tax income change"

"Pre-tax income 2019"

419 KONSTANTOPOULOS S.A. '' OLYMP''

"Pre-tax income 2018"

188

"Turnover change"

238 IBM HELLAS S.A.

187-223

Turnover 2019

Sorted by Turnover

187

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

190

503 KAOUSSIS A. S.A.

TRANSPORTATION MEANS

29.460.581

43.710.196

48%

3.117.714

6.695.756

115%

191

806 POLYEKO S.A.

MISCELLANEOUS PRODUCTS

21.170.907

26.620.855

26%

5.660.888

6.609.704

17%

192

234 HYUNDAI HELLAS S.A.

TRANSPORTATION MEANS & SPARE PARTS

60.547.306

94.675.729

56%

5.831.311

6.588.182

13%

193

648 H. B. BODY S.A.

CHEMICAL PRODUCTS

33.866.127

33.426.617

-1%

6.494.004

6.583.207

1%

194

273 ELVIAL S.A.

METALLURGY

74.546.274

81.651.985

10%

4.757.735

6.561.057

38%

195

672 ARITI S.A.

SCIENTIFIC & MEDICAL DEVICES

30.756.152

32.857.289

7%

5.098.563

6.540.360

28%

HOTELS

10.622.772

11.135.488

5%

5.481.910

6.455.152

18%

197

196

412 ATTIKES DIADROMES S.A.

MISCELLANEOUS SERVICES

57.803.448

52.822.305

-9%

7.223.058

6.406.738

-11%

198

228 ASTRAZENECA S.A.

PHARMACEUTICALS COSMETICS

93.094.297

98.345.488

6%

2.502.543

6.387.087

155%

199

482 SPECIFAR S.A.

PHARMACEUTICALS DETERGENTS

46.239.452

44.966.354

-3%

8.784.859

6.312.062

-28%

MISCELLANEOUS PRODUCTS

18.270.452

19.763.422

8%

5.303.973

6.288.742

19%

191.742.308

198.566.467

4%

8.093.389

6.252.588

-23%

200

1705 ELECTRA S.A.

1039 MICREL MEDICAL EQUIPMENT S.A.

201

102 MERCK SHARP & DOHME ΑΦΒΕΕ

PHARMACEUTICALS COSMETICS

202

407 SIEMENS HEALTHCARE S.A.

SCIENTIFIC & MEDICAL DEVICES

52.740.021

53.224.754

1%

3.682.673

6.252.031

70%

203

227 PHARMASERVE LILLY S.A.

PHARMACEUTICALS COSMETICS

92.646.618

98.556.831

6%

5.941.506

6.217.713

5%

204

497 MICHOPOULOS A. S.A.

CLOTHING - FOOTWEAR

32.064.627

44.104.645

38%

1.762.540

6.177.200

250%

205

518 HEMPEL COATINGS ( HELLAS ) S.A.

CHEMICALS - PAINTS

31.467.085

42.085.923

34%

4.767.321

6.170.909

29%

206

393 CHITOS S.A.

BEVERAGES - SPIRITS

52.147.936

55.143.887

6%

5.911.082

6.170.444

4%

207

1469 NBG ASSET MANAGEMENT S.A.

FINANCIAL SERVICES

11.580.611

13.279.041

15%

5.326.689

6.114.812

15%

208

1280 ATHEXCSD S.A.

MISCELLANEOUS SERVICES

10.700.000

15.360.000

44%

1.933.000

6.106.000

216%

102.383.000

102.231.000

0%

4.137.000

6.078.000

47%

53.170.861

40.588.167

-24%

18.509.391

6.044.166

-67%

209

NONWOVENS & 219 THRACE GEOSYNTHETICS S.A.

TEXTILES

210

535 IKTINOS HELLAS S.A.

NON-METALLIC MINERALS

211

425 KNAUF S.A.

NON-METALLIC MINERALS

47.982.359

51.538.128

7%

5.981.713

6.041.969

1%

212

480 VENETIS S.A.

FOOD PRODUCTS

40.668.041

45.116.699

11%

3.524.054

6.023.063

71%

213

850 LUXOTTICA HELLAS S.A.

MISCELLANEOUS PRODUCTS

25.165.699

24.828.029

-1%

6.328.064

6.022.919

-5%

214

453 APIVITA S.A.

PHARMACEUTICALS DETERGENTS

43.623.167

47.842.562

10%

6.018.742

6.019.187

0%

215 216

679 S.A.NTA MARINA S.A. 1486 IATROPOLIS S.A.

HOTELS

25.335.450

32.412.662

28%

7.828.680

5.979.681

-24%

MISCELLANEOUS SERVICES

13.638.698

13.086.475

-4%

7.478.814

5.975.337

-20%

217

833 KARYDAKIS ST. GRAPHIC ARTS S.A.

PUBLICATIONS - PRINTING

23.487.390

25.530.508

9%

5.554.770

5.950.988

7%

218

507 BALAKANAKI BROS S.A.

FOOD PRODUCTS

46.269.784

43.152.179

-7%

6.657.958

5.946.671

-11%

219

260 OSY S.A.

--

94.316.013

84.597.268

-10%

-35.913.300

5.912.314

0%

220

249 RAFARM S.A.

PHARMACEUTICALS DETERGENTS

81.267.114

88.703.198

9%

2.879.584

5.859.685

103%

221

402 M. I. MAILLIS S.A.

METALLIC PRODUCTS

62.359.000

53.978.000

-13%

8.377.000

5.856.000

-30%

222

251 AMVYX S.A.

BEVERAGES - SPIRITS

84.274.600

87.275.080

4%

4.907.784

5.834.215

19%

223

202 COSMOS ALUMINIUM S.A.

METALLIC PRODUCTS

105.775.000

112.639.000

6%

6.175.000

5.798.000

-6%

116

DIAMONDS 2021



DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES "Pre-tax income 2018"

"Pre-tax income 2019"

TRANSPORTATION MEANS & SPARE PARTS

55.857.246

63.719.353

14%

6.200.110

5.759.156

-7%

225

888 STELLA BEACH S.A.

HOTELS

18.361.514

23.196.776

26%

5.017.750

5.733.055

14%

"Pre-tax income change"

"Turnover change"

341 IAPONIKI S.A.

Sector

Turnover 2019

Sorted by Turnover

224

Company name

Turnover 2018

Sorted by Profits

224-262

226

414 STRADIVARIOUS HELLAS S.A.

CLOTHING - FOOTWEAR

48.990.450

52.686.636

8%

3.354.079

5.719.447

71%

227

392 FIRST DATA HELLAS S.A.

MISCELLANEOUS SERVICES

52.400.704

55.223.394

5%

-9.232.054

5.714.802

0%

228

675 LIGNITE MINES OF ACHLADA S.A.

MINES - QUARRIES

33.165.733

32.671.965

-1%

-1.163.588

5.682.928

0%

229 230

382 MOUSTAKAS G. N. S.A. 1295 HELLENIC EXCHANGES S.A.

MISCELLANEOUS PRODUCTS

55.508.212

56.994.800

3%

6.494.628

5.619.925

-13%

HOLDING COMPANIES

13.637.000

15.149.000

11%

2.438.000

5.616.000

130%

231

246 BARBA STATHIS S.A.

FOOD PRODUCTS

84.249.000

90.975.000

8%

6.645.000

5.608.000

-16%

232

589 AGRIFREDA S.A.

FOOD PRODUCTS

35.382.114

37.493.690

6%

5.841.061

5.595.723

-4%

233

472 JOTUN HELLAS LTD.

NAVIGATION & INDUSTRIAL ITEMS

38.863.909

46.061.986

19%

2.235.891

5.557.910

149%

234

254 IRIDA S.A.

FOOD PRODUCTS

68.472.164

86.653.532

27%

3.473.847

5.533.053

59%

217.577.613

272.319.202

25%

6.649.218

5.451.762

-18%

CONSTRUCT S.A. 77 INTRACOM "INTRAKAT"

235 236

2238 ATHENS METROPOLITAN EXPO S.A.

237

131 KAFKAS B. S.A.

--

10.102.605

8.035.591

-20%

3.981.576

5.437.220

37%

ELECTRICAL SUPPLIES

MISCELLANEOUS SERVICES

149.360.000

161.455.000

8%

7.572.000

5.413.000

-29%

238

235 ASEA BROWN BOVERI S.A.

ELECTRICAL SUPPLIES

83.301.024

94.361.782

13%

3.097.805

5.384.442

74%

239

869 VF HELLAS LTD.

CLOTHING - FOOTWEAR

7.329.474

23.934.021

227%

2.611.860

5.348.369

105%

PETROLEUM PRODUCTS

308.232.000

306.984.000

0%

3.487.000

5.335.000

53%

240

64 MYRTEA S.A.

241

349 BEIERSDORF HELLAS S.A.

PHARMACEUTICALS COSMETICS

62.633.744

61.818.049

-1%

5.080.946

5.325.349

5%

242

S.A. ASSOCIATED CERTIFIED 663 SOL PUBLIC ACCOUNTANTS AUDITORS

MISCELLANEOUS SERVICES

33.281.890

33.127.465

0%

7.111.572

5.319.736

-25%

175 PETTAS PAVLOS N. S.A.

FOOD PRODUCTS

135.372.617

127.737.510

-6%

6.750.836

5.291.735

-22%

15.304.000

15.324.000

0%

5.560.000

5.260.000

-5%

243 244

1282 DIAXON S.A.

PLASTICS - RUBBER

245

8361 QUEST HOLDINGS S.A.

OFFICE DEVICES

246

8316 AVIAREPS HELLAS S.A.

TRANSPORTS

247

122 VIOLAR S.A.

248

317 ACCENTURE S.A.

249

1235 HOSPITAL LINE S.A.

TEXTILES

0%

467.000

5.256.000

1025%

-75%

268.524

5.253.671

1857%

127.878.356

179.666.090

40%

-3.603.006

5.250.177

0%

MISCELLANEOUS SERVICES

59.178.076

69.419.154

17%

7.631.397

5.248.058

-31%

15.609.141

16.177.889

4%

3.616.774

5.240.524

45%

43.649.379

50.522.872

16%

4.764.376

5.235.644

10%

139.564.939

152.311.760

9%

3.459.552

5.218.174

51%

7.289.001

6.455.909

-11%

347.205

5.205.262

1399%

433 DEAS S.A.

FOOD PRODUCTS

251

144 BMW HELLAS S.A.

TRANSPORTATION MEANS & SPARE PARTS

2649 ΟΚ ΣΤΟΡΣ LTD.

0 24.129

SCIENTIFIC & MEDICAL DEVICES

250

252

0 97.943

SUPERMARKET

253

460 PRICEWATERHOUSECOOPERS BUSINESS SOLUTIONS A.E.

FINANCIAL SERVICES

44.172.320

46.860.091

6%

9.777.027

5.200.206

-47%

254

351 SCHUR FLEXIBLES ABR S.A.

PLASTICS - RUBBER

57.643.029

61.481.414

7%

5.613.656

5.198.291

-7%

255

825 ELLINIKOI HYMOI S.A.

BEVERAGES - SPIRITS

26.291.181

25.751.097

-2%

5.253.657

5.198.260

-1%

256

256 INTERCOMM FOOD S.A.

FOOD PRODUCTS

87.524.626

86.090.432

-2%

7.851.641

5.196.136

-34%

257

265 ESTEE LAUDER HELLAS S.A.

PHARMACEUTICALS COSMETICS

79.294.885

83.988.217

6%

1.681.550

5.159.360

207%

258

459 DRUCKFARBEN HELLAS S.A.

CHEMICAL PRODUCTS

45.313.800

47.140.579

4%

831.280

5.137.336

518%

4.326.101

4.111.118

-5%

2.236.384

5.115.916

129%

260

259

389 TRACHE PLASTICS PACK S.A.

PLASTICS - RUBBER

50.607.405

55.654.000

10%

3.651.905

5.096.000

40%

261

324 LEADER S.A.

FOOD TRADE

70.816.788

68.001.022

-4%

5.212.069

5.089.464

-2%

MINES - QUARRIES

12.489.000

12.958.000

4%

5.100.000

5.077.000

0%

262

3646 OAS.A. S.A.

1496 LAVA MINING & QUARRYING S.A.

118

DIAMONDS 2021

--



54.503.273

-1%

"Pre-tax income change"

"Pre-tax income 2019"

54.877.469

"Pre-tax income 2018"

CHEMICAL PRODUCTS

"Turnover change"

396 FANIS A. MEGARA RESINS S.A.

Sector

263-302

Turnover 2019

Sorted by Turnover

263

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

4.202.304

5.076.243

21%

264

293 BARILLA HELLAS S.A.

FOOD PRODUCTS

73.606.957

75.854.981

3%

6.605.167

5.062.682

-23%

265

802 TEAB S.A.

HOTELS

23.304.612

26.714.497

15%

2.956.551

5.052.775

71%

266

193 PETROPOULOS P. S.A.

MACHINERY

93.897.000

116.981.000

25%

3.814.000

5.027.000

32%

267

179 ROCHE HELLAS S.A.

PHARMACEUTICALS COSMETICS

135.475.458

124.337.826

-8%

47.292

5.026.757

10529%

268 269

572 PET CITY S.A. 1688 ETETH S.A.

270

571 TELMACO S.A.

271

54 IMPERIAL TOBACCO HELLAS S.A.

272

408 REDEX S.A.

MISCELLANEOUS PRODUCTS

35.385.333

38.557.734

9%

4.523.935

4.987.720

10%

--

10.704.122

11.235.463

5%

-2.354.992

4.980.236

0%

ELECTRICAL SUPPLIES

30.959.637

38.583.936

25%

5.085.608

4.940.614

-3%

TOBACCO PRODUCTS

359.765.882

332.473.638

-8%

6.438.958

4.894.343

-24%

30.388.272

53.060.128

75%

3.829.372

4.888.346

28%

REAL ESTATE

273

647 KARALIS S.A.

31.618.809

33.478.332

6%

4.028.122

4.877.487

21%

274

16 AVIN OIL S.A.

PETROLEUM PRODUCTS

FOOD PRODUCTS

1.178.670.000

1.258.356.000

7%

9.558.000

4.868.000

-49%

275

3721 ACROPOLE S.A.

CLOTHING - FOOTWEAR

3.953.315

3.986.347

1%

-6.144.700

4.859.139

0%

276

1080 ATRIUM PALACE S.A.

HOTELS

19.090.299

18.951.760

-1%

4.924.161

4.850.803

-1%

277

1503 DIMITROKALIS K. S.A.

HOTELS

10.326.933

12.906.048

25%

4.374.677

4.834.509

11%

278

6008 DORECO S.A.

REAL ESTATE

1.728.327

1.594.293

-8%

-4.224.015

4.834.366

0%

279

1757 AIOLIKI PANACHAIKOU S.A.

ENERGY

10.217.474

10.703.039

5%

3.149.985

4.832.347

53%

46.675.553

50.282.566

8%

8.226.345

4.824.870

-41%

106.544.724

140.224.210

32%

2.185.838

4.766.753

118%

44.296.087

49.052.426

11%

-12.468.214

4.759.385

0%

280

434 GENEPHARM S.A.

PHARMACEUTICALS DETERGENTS

281

163 ISQuare S.A.

MISCELLANEOUS PRODUCTS

282

ENOSIS MINETTA 445 EVROPAIKI INSURANCE S.A.

INSURANCE

283

82 HELLENIC LOTTERIES S.A.

MISCELLANEOUS SERVICES

258.686.000

244.198.000

-6%

9.773.000

4.697.000

-52%

284

97 SOYA MILLS S.A.

FOOD PRODUCTS

206.308.299

219.485.783

6%

3.875.832

4.686.247

21%

TRANSPORTATION MEANS

163.621.777

191.008.659

17%

2.838.336

4.645.380

64%

ELECTRICAL SUPPLIES

209.329.000

226.193.000

8%

4.122.000

4.634.000

12%

48.397.091

49.317.597

2%

2.547.334

4.620.957

81%

7.813.000

7.459.000

-5%

4.759.000

4.616.000

-3%

60.263.133

72.374.215

20%

4.609.543

4.612.358

0%

285

109 AUTOTECHNICA HELLAS S.A.

286

ELECTRONICS 93 S.A.MSUNG HELLAS S.A.

287

443 GOLDAIR CARGO S.A.

288

2377 ENERGEIAKI DERVENOCHORION S.A.

289 290

306 PRODROMOS PAVLIDIS S.A. 2490 TERNA ENERGEIAKI EVROU S.A.

291 292

229 KOLIOS S.A. 1558 GEKE S.A.

TRANSPORTS ENERGY FOOD PRODUCTS ENERGY

7.781.000

7.008.000

-10%

5.500.000

4.609.000

-16%

FOOD PRODUCTS

96.165.132

97.599.935

1%

4.634.822

4.600.554

-1%

HOTELS

11.069.684

12.277.176

11%

4.326.903

4.583.492

6%

114.670.369

104.398.056

-9%

8.316.800

4.576.615

-45%

132.069.800

132.869.537

1%

3.040.255

4.559.502

50%

293

SIEMENS TILEPIKOINONIAKA ELECTRICAL SUPPLIES 214 ΝΟΚΙΑ DIKTIA HELLAS S.A.

294

172 GLAXOSMITHKLINE S.A.

PHARMACEUTICALS COSMETICS

295

285 IASO S.A.

MEDICAL SERVICES

77.950.000

78.820.000

1%

-4.014.067

4.541.953

0%

296

914 IOAKEIMIDIS G. S.A.

CLOTHING - FOOTWEAR

20.559.924

22.656.906

10%

3.860.591

4.533.109

17%

297

3479 FOURLIS HOLDINGS S.A.

HOLDING COMPANIES

4.288.000

4.424.000

3%

3.534.000

4.532.000

28%

298

5017 INTERKAPA LTD.

CHEMICALS - PAINTS

2.098.932

2.434.608

16%

46.708

4.528.947

9596%

299

491 GREGORY'S MIKROGEVMATA S.A.

300 301

49 OTE GLOBE AE 1470 ELECTRA S.A.

302

120

384 GALAXIDI MARINE FARM S.A.

DIAMONDS 2021

FOOD PRODUCTS

41.039.446

44.403.189

8%

5.869.248

4.526.517

-23%

346.961.011

349.407.798

1%

7.947.602

4.518.036

-43%

HOTELS

11.866.054

13.251.615

12%

3.102.823

4.513.991

45%

FOOD PRODUCTS

47.624.819

56.651.631

19%

3.664.624

4.505.005

23%

TELECOMMUNICATIONS


ΕΠΙΚΟΙΝΩΝΙΑ: e-shop: www.lavieenrose.com.gr Τηλ. κέντρο: 2169001313 email: sales@lavieenrose.com.gr fb Page: La vie en Rose by Dimitra Katsafadou Instagram: lavieenrose_gr ΚΑΤΑΣΤΗΜΑΤΑ: Αγ. Παρασκευή: Αγ. Ιωάννου 75Α (Εργαστήριο) Αγ. Ιωάννου 76 (Exclusive) Περιστέρι: Ξενοφώντος 17 Κηφισιά: Δροσίνη 11 Πειραιάς: Κουντουριώτου 169-171 Καλλιθέα: Αγ. Πάντων 82

Πικέρμι: Μαραθώνος 29 Χαλάνδρι: Αγ. Γεωργίου 10 Παγκράτι: Φρύνης 20 Ν. Σμύρνη: Ομήρου 9-11 Ηλιούπολη: Σοφοκλή Βενιζέλου 71 Θεσ/κη: Καρόλου Ντήλ 30 Τρίκαλα: Ιουλιέτας Αδάμ 8 Αλεξάνδρεια: Βετσοπούλου 102 Ηράκλειο Κρήτης: 1821 6 Ναύπλιο: Πλαπούτα 13 Λάρισα: Παπαναστασίου 71 Χαλκίδα: Μπαλαλαίων 11 Πάτρα: Ρ. Φεραίου 68 Λευκωσία: Λεωφ. Σταυρού 79


"Pre-tax income 2018"

"Pre-tax income 2019"

MISCELLANEOUS SERVICES

13.643.141

17.176.334

26%

3.662.643

4.497.146

23%

Sector

"Pre-tax income change"

"Turnover change"

1171 FORUM S.A.

303-339

Turnover 2019

Sorted by Turnover

303

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

304

435 MITSIS COMPANY S.A.

HOTELS

50.932.849

50.193.681

-1%

-11.027.227

4.494.135

0%

305

INTERNATIONAL 633 GEROLYMATOS S.A.

PHARMACEUTICALS DETERGENTS

32.283.368

34.663.975

7%

4.105.366

4.481.922

9%

306

PANORAMA 2307 WIND DERVENOCHORION S.A.

ENERGY

7.654.000

7.726.000

1%

4.097.000

4.470.000

9%

307

1465 VOLCANO VIEW HOTEL S.A

HOTELS

10.494.327

13.340.786

27%

3.602.357

4.464.668

24%

308

250 MARKOU K. V. S.A.

TEXTILES

94.960.712

87.772.182

-8%

253.064

4.452.428

1659%

309

AND SPENCER388 MARKS MARINOPOULOS S.A.

CLOTHING - FOOTWEAR

55.750.554

55.750.554

0%

3.667.204

4.447.786

21%

PETROLEUM PRODUCTS

428.215.000

481.105.000

12%

4.276.000

4.438.000

4%

20.350.642

21.349.379

5%

3.338.138

4.437.404

33%

353.139.719

362.425.252

3%

4.063.885

4.425.897

9%

75.217.118

72.114.940

-4%

2.198.926

4.370.656

99%

MISCELLANEOUS SERVICES

8.575.890

8.247.108

-4%

3.969.125

4.367.354

10%

INFORMATION TECHNOLOGY

22.503.407

38.651.238

72%

-2.448.199

4.360.075

0%

310

37 KALYPSO S.A. AIRPORT HOTEL 971 ATHENS COMPANY S.A.

311 312

44 NITSIACOS TH. S.A.

313 314

309 ALOUMAN S.A. BOOKING. 2189 PRICELINE COM HELLAS LTD.

315

568 QUALCO S.A.

316

1833 SIELMAN S.A.

HOTELS FOOD PRODUCTS METALLIC PRODUCTS

TRANSPORTATION MEANS

12.130.629

10.202.740

-16%

3.528.963

4.354.699

23%

317

801 OMIROS DAIRY INDUSTRY S.A.

FOOD PRODUCTS

23.630.153

26.721.330

13%

2.079.301

4.340.430

109%

318

INTERNATIONAL 253 ELTON COMMERCE S.A.

CHEMICALS - PAINTS

85.678.302

86.677.971

1%

4.739.834

4.314.222

-9%

METALLIC PRODUCTS

20.406.362

19.659.494

-4%

4.180.305

4.311.861

3%

320

319

1048 VITOYANNIS BROS ASTIR S.A. 937 MARIS POLYMERS S.A.

CHEMICAL PRODUCTS

21.480.748

22.059.932

3%

5.163.307

4.303.095

-17%

321

661 GORGOLIS S.A.

TRANSPORTATION MEANS & SPARE PARTS

25.986.090

33.171.604

28%

3.688.899

4.293.834

16%

267.561.524

274.994.960

3%

-10.427.615

4.282.918

0%

322

75 FRIESLANDCAMPINA HELLA S.A

FOOD TRADE

323

398 VRIKO S.A.

METALS

50.035.288

54.425.588

9%

3.493.234

4.277.499

22%

324

GROUP AUTOMOBILS 183 FIAT HELLAS S.A.

TRANSPORTATION MEANS & SPARE PARTS

120.121.902

123.106.782

2%

8.764.719

4.266.234

-51%

PHARMACEUTICALS DETERGENTS

241.550.382

255.100.384

6%

3.072.265

4.265.328

39%

33.777.458

33.103.837

-2%

7.467.379

4.261.960

-43%

325

79 VIANEX S.A.

326

664 CARDLINK S.A.

MISCELLANEOUS SERVICES

327

321 BERSHKA HELLAS S.A.

CLOTHING - FOOTWEAR

67.835.929

68.673.075

1%

1.462.824

4.251.944

191%

328

161 HUAWEI TECHNOLOGIES S.A.

ELECTRICAL SUPPLIES

185.800.989

141.687.952

-24%

6.332.818

4.229.896

-33%

329

HELLAS CAN 132 CROWN PACKAGING S.A.

METALLIC PRODUCTS

159.921.023

160.197.299

0%

-13.309.667

4.219.994

0%

INFORMATION TECHNOLOGY

19.742.005

20.730.280

5%

3.611.659

4.213.884

17%

330

1002 EUROPEAN DYNAMICS S.A.

331 332

861 HOTOS S.A. 1339 BIOKOSMOS S.A.

333

284 YARA HELLAS S.A.

FOOD PRODUCTS

23.767.306

24.049.306

1%

3.856.324

4.212.037

9%

SCIENTIFIC & MEDICAL DEVICES

17.265.556

14.716.295

-15%

8.482.717

4.208.369

-50%

CHEMICALS - PAINTS

83.990.940

79.059.823

-6%

4.240.845

4.198.316

-1%

334

1042 THEODOROU AUTOMATION S.A.

MACHINERY

19.268.522

19.724.861

2%

4.959.765

4.197.448

-15%

335

& BIOPHARMACEUTICAL 1418 CHEMICAL LABS OF PATRA S.A.

CHEMICAL PRODUCTS

10.543.014

13.783.550

31%

1.718.001

4.193.993

144%

433.009.527

432.106.040

0%

-552.215

4.167.370

0%

336

41 TASK J&P-AVAX S.A.

--

337

3116 ENERGEIAKI SERBOUNIOU S.A.

ENERGY

4.972.000

5.173.000

4%

2.578.000

4.163.000

61%

338

1820 DIAKOMICHALIS S.A.

HOTELS

9.663.874

10.284.589

6%

3.511.238

4.149.888

18%

339

278 ATLAS TAPES S.A.

78.694.876

80.459.353

2%

4.562.331

4.144.729

-9%

122

DIAMONDS 2021

PLASTICS - RUBBER


ΕΞΕΛΙΞΗ ΤΕΧΝΟΛΟΓΙΑ ΠΡΩΤΟΠΟΡΙΑ 35 χρόνια δίπλα σας ανταποκρινόµενοι στις προκλήσεις

Κάλβου 2 & Παλαιολόγου, 15232 Χαλάνδρι | Τ: +30 210 6080143 | F: +30 2106003165 | www.medicare-hellas.gr


DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES "Pre-tax income 2019"

52.847.253

56.468.212

7%

3.370.304

4.143.978

23%

341

601 GOLF REZINTENSIS S.A.

HOTELS

38.127.976

36.481.201

-4%

8.319.994

4.140.322

-50%

342

CLAIMS 496 EUROBANK MANAGEMENT SERVICES S.A.

FINANCIAL SERVICES

33.455.736

44.137.230

32%

2.491.997

4.121.591

65%

343

956 WONDERPLANT S.A.

AGRICULTURAL ENTERPRISES

17.321.172

21.648.195

25%

3.499.578

4.114.078

18%

344

SPECIAL NUTRITION 449 PERSEUS PRODUCTS S.A.

FOOD PRODUCTS

45.750.848

48.350.723

6%

4.170.753

4.088.223

-2%

FINANCIAL SERVICES

11.880.234

11.792.393

-1%

3.631.753

4.079.894

12%

345

1613 INTERBANKING SYSTEMS "DIAS" S.A.

346

1360 DASTERI SYSTEMS S.A.

"Pre-tax income change"

"Pre-tax income 2018"

METALLIC PRODUCTS

"Turnover change"

385 KAMARIDIS S.A.

Sector

Turnover 2019

Sorted by Turnover

340

Company name

Turnover 2018

Sorted by Profits

340-379

ELECTRICAL SUPPLIES

8.124.443

14.411.961

77%

1.582.039

4.059.852

157%

347

BENCKISER HELLAS 346 RECKITT HEALTHCARE S.A.

PHARMACEUTICALS DETERGENTS

71.703.630

62.280.517

-13%

4.123.253

4.057.811

-2%

348

654 STERGIOU S.A.

FOOD PRODUCTS

28.676.564

33.342.861

16%

4.001.686

4.056.791

1%

349

269 KLEEMANN HELLAS S.A.IC

MACHINES - APPLIANCES

80.071.156

83.024.950

4%

1.354.375

4.054.484

199%

350

395 HONDOS ATHNH S.A.

PHARMACEUTICALS COSMETICS

53.354.771

54.826.601

3%

3.521.335

4.053.444

15%

351

270 A. HATZOPOULOS S.A.

PUBLICATIONS - PRINTING

71.912.589

82.890.462

15%

2.062.667

4.053.411

97%

352

569 MEDICARE HELLAS S.A.

SCIENTIFIC & MEDICAL DEVICES

26.441.480

38.619.905

46%

1.627.060

4.045.816

149%

353

1369 CMA CGM GREECE S.A.

9.922.438

14.314.407

44%

1.477.509

4.045.749

174%

TRANSPORTS

354

& 766 HOT.-TOUR.-COMMERC.-AGRIC. BUILD. COMP. I. HATZILAZAROU S.A.

HOTELS

23.211.893

28.064.739

21%

4.636.645

4.040.950

-13%

355

994 VIOLANTA S.A.

FOOD PRODUCTS

16.887.477

20.905.379

24%

2.245.313

4.023.184

79%

356

2092 ACHINOPODI S.A.

8.876.652

8.646.781

-3%

4.256.383

4.008.653

-6%

HOTELS

357

1804 SITISSI S.A.

FOOD TRADE

9.622.143

10.392.565

8%

1.908.110

4.003.424

110%

358

1226 SUNWING HOTELS HELLAS S.A.

HOTELS

16.049.089

16.278.556

1%

4.973.864

3.997.170

-20%

ELECTRICAL SUPPLIES

24.467.190

29.677.996

21%

3.048.507

3.974.488

30%

359

733 HELLINIKI LEGRAND S.A.

360

545 FRIGOGLASS S.A.

ELECTRICAL APPLIANCES

42.073.000

39.968.000

-5%

-492.000

3.961.000

0%

361

494 S.A.P HELLAS S.A.

INFORMATION TECHNOLOGY

41.662.610

44.192.532

6%

5.248.242

3.958.100

-25%

362

593 KOUKOUTARIS A. '' ALFA '' S.A.

FOOD PRODUCTS

31.727.833

37.240.553

17%

2.911.973

3.944.717

35%

363

220 KARAGIORGOU N. BROS S.A.

86.009.533

101.357.877

18%

595.533

3.933.099

560%

850.419.000

842.961.000

-1%

1.625.000

3.932.000

142%

364

21 AEGEAN OIL S.A.

365 366

448 GATENIO D. S. & SON S.A. 1219 VEAL S.A.

367

513 BALLIAN TEXNIKI S.A.

TEXTILES PETROLEUM PRODUCTS FOOD TRADE

32.067.929

48.520.331

51%

3.561.248

3.927.707

10%

ENERGY

16.171.050

16.453.050

2%

4.264.104

3.926.276

-8%

--

29.514.478

42.710.552

45%

2.019.012

3.882.587

92%

368

600 EURIMAC S.A.

FOOD PRODUCTS

31.365.349

36.568.283

17%

3.306.864

3.873.632

17%

369

933 AS COMPANY S.A.

MISCELLANEOUS PRODUCTS

25.609.118

22.149.704

-14%

4.161.945

3.838.990

-8%

370

687 KERAMOURGIA VOREIOU ELLADOS S.A. NON-METALLIC MINERALS

28.192.664

32.021.434

14%

2.495.025

3.836.276

54%

371

598 MASSIMO DUTTI HELLAS S.A.

CLOTHING - FOOTWEAR

35.300.151

36.666.223

4%

2.952.859

3.830.588

30%

372

224 LOULIS MILLS S.A.

FOOD PRODUCTS

91.885.260

100.584.409

9%

3.550.628

3.824.239

8%

373

428 Τ.Ε.ΜΕΣ ΑΕ

HOTELS

47.566.704

51.428.303

8%

23.928.326

3.785.640

-84%

374

932 GEORGAKOPOULOS G.B. S.A.

TRANSPORTATION MEANS & SPARE PARTS

20.721.229

22.220.919

7%

3.192.557

3.784.663

19%

12.525.663

12.184.720

-3%

3.863.741

3.758.245

-3%

7.718.189

8.261.691

7%

3.543.980

3.757.517

6%

375

1566 NIKA S.A.

HOTELS

376

2185 S.A.FCO S.A.

TRANSPORTS OFFICE DEVICES

44.123.301

46.823.104

6%

2.971.816

3.726.571

25%

378

1069 DOW HELLAS S.A.

CHEMICAL PRODUCTS

78.625.356

19.229.046

-76%

19.456.268

3.712.497

-81%

379

1303 ATLANTIDA S.A.

HOTELS

15.061.923

15.033.821

0%

3.704.184

3.712.309

0%

377

461 HEWLETT PACKARD HELLAS LTD.

124

DIAMONDS 2021


Innovation inspired by life. At Pharmathen we change the future of healthcare, by investing in research and development of new medicines. We export innovative, high technology products to more than 85 countries supporting the quality of life of patients worldwide.

6 Dervenakion Str., 153 51 Pallini Attica, Greece


"Pre-tax income 2019"

MISCELLANEOUS PRODUCTS

34.236.823

35.464.441

4%

3.044.336

3.712.195

22%

1096 MEDICAL TECHNIKI S.A.

SCIENTIFIC & MEDICAL DEVICES

14.152.874

18.704.791

32%

2.165.419

3.694.618

71%

Sector

"Pre-tax income change"

"Pre-tax income 2018"

381

"Turnover change"

621 C.P.W. HELLAS S.A.

380-420

Turnover 2019

Sorted by Turnover

380

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

382

424 CALIN S.A.

CLOTHING - FOOTWEAR

51.795.410

51.686.521

0%

5.777.325

3.664.359

-37%

383

803 DANAIS S.A.

FOOD PRODUCTS

27.854.137

26.712.556

-4%

3.884.579

3.640.285

-6%

384

562 TUPPERWARE HELLAS S.A.

PLASTICS - RUBBER

38.302.154

39.055.148

2%

3.403.254

3.623.475

6%

385

365 HELLENIC CATERING S.A.

FOOD PRODUCTS

56.062.000

59.141.000

5%

1.538.000

3.615.000

135%

241 HENKEL HELLAS S.A.

PHARMACEUTICALS DETERGENTS

91.842.710

92.831.590

1%

3.151.220

3.607.680

14%

HOTELS

10.045.059

9.113.544

-9%

4.136.918

3.606.081

-13%

386 387

1998 THE MARGI S.A.

388 389

213 DODONI S.A. 1434 ALPHA ASTIKA AKINITA S.A.

390

546 MAKIOS S.A.

105.776.375

107.596.813

2%

2.832.690

3.600.695

27%

REAL ESTATE

FOOD PRODUCTS

12.205.752

13.561.136

11%

3.545.904

3.590.462

1%

TRANSPORTS

35.542.902

39.904.994

12%

3.044.581

3.586.061

18%

391

2212 KANAVES OIA S.A.

HOTELS

7.022.496

8.163.617

16%

1.565.985

3.568.046

128%

392

1234 CHATZILAZAROU IOANNIS & SONS S.A.

HOTELS

16.344.356

16.213.957

-1%

4.597.282

3.554.410

-23%

393

1061 OLYMPIA ELECTRONICS S.A.

ELECTRICAL APPLIANCES

18.889.943

19.381.544

3%

3.666.877

3.542.003

-3%

394

280 KAPPA-SIGMA COTTON S.A.

TEXTILES

54.081.262

79.778.656

48%

312.396

3.528.646

1030%

395

486 RESILUX HELLAS S.A.

PLASTICS - RUBBER

36.500.796

44.686.064

22%

416.778

3.514.594

743%

396

849 ALOUMINION THASS.A.LINOS S.A.

MISCELLANEOUS PRODUCTS

24.033.949

24.831.585

3%

3.518.694

3.471.557

-1%

397

1750 EVROITRIKI PEIRAIA S.A.

398

9 ELINOIL S.A.

399

391 PULL AND BEAR S.A.

6.350.738

10.723.573

69%

1.038.830

3.470.300

234%

PETROLEUM PRODUCTS

MEDICAL SERVICES

2.186.486.766

1.926.889.620

-12%

3.935.344

3.469.179

-12%

CLOTHING - FOOTWEAR

53.708.448

55.482.739

3%

4.904.771

3.465.626

-29%

400

761 REA MATERNITY S.A.

MEDICAL SERVICES

29.151.728

28.148.937

-3%

3.392.702

3.435.228

1%

401

706 BETA CAE SYSTEMS S.A.

MISCELLANEOUS SERVICES

27.935.512

31.218.145

12%

4.282.098

3.426.892

-20%

402

987 NENDOS ST. "SELECT BAKERY" S.A.

FOOD PRODUCTS

20.676.393

20.998.921

2%

2.869.683

3.413.673

19%

403

442 ABBOTT LABORATORIES HELLAS S.A.

PHARMACEUTICALS COSMETICS

41.040.072

49.334.249

20%

3.919.851

3.393.169

-13%

6.507.198

6.367.892

-2%

3.319.873

3.383.410

2%

89.076.413

90.956.678

2%

2.848.623

3.378.750

19%

404

2692 HOTELLAS S.A.

405

247 PERSEFS S.A.

406

2987 EDPS S.A.

407

576 MICROSOFT HELLAS S.A.

HOTELS MEDICAL SERVICES MISCELLANEOUS SERVICES

6.702.779

5.485.523

-18%

4.491.128

3.364.158

-25%

INFORMATION TECHNOLOGY

37.929.624

38.302.421

1%

3.253.918

3.350.954

3%

408

2773 ASIMAKIS S.A.

MACHINES - APPLIANCES

6.843.794

6.082.743

-11%

2.364.715

3.336.615

41%

409

1236 KNAUF AQUAPANEL S.A.

NON-METALLIC MINERALS

17.000.427

16.154.290

-5%

3.200.902

3.328.884

4%

410

TOURIST & HOTEL 1300 HELLENIC ENTERP. OF KRITI S.A. ''APOLLONIA''

HOTELS

15.452.401

15.061.588

-3%

4.530.251

3.326.596

-27%

411

3328 IONIAN HOLDINGS S.A.

HOLDING COMPANIES

2.455.684

4.723.740

92%

3.270.071

3.308.698

1%

412

707 BRETAS LTD.

FOOD PRODUCTS

28.963.437

31.172.199

8%

5.392.493

3.304.402

-39%

413

565 AGROVIM S.A.

FOOD PRODUCTS

47.052.086

38.750.936

-18%

1.732.880

3.303.931

91%

414

772 POULIAS G. - BRAKATSELOS S.A.

TRANSPORTS

25.356.481

27.888.485

10%

2.980.225

3.303.368

11%

415

7912 ' VARANGIS '' AVEPE S.A.

FURNITURE

3.853.796

357.504

-91%

-12.203.499

3.302.440

0%

416

1864 ROLOPACK S.A.

MISCELLANEOUS PRODUCTS

9.479.310

9.972.821

5%

2.525.601

3.299.213

31%

417

276 TEOREN MOTORS S.A.

TRANSPORTATION MEANS & SPARE PARTS

73.237.008

81.173.453

11%

4.258.454

3.296.535

-23%

418

567 FRONERI HELLAS S.A.

FOOD TRADE

38.514.397

38.653.978

0%

1.888.267

3.285.965

74%

430 ALFA AGRICULTURAL SUPPLIES S.A.

CHEMICALS - PAINTS

51.570.158

51.235.868

-1%

4.280.863

3.282.028

-23%

5.444

1.692

-69%

-344.826

3.281.741

0%

419 420

8356 VIAMAR S.A.

126

DIAMONDS 2021

REAL ESTATE



423

310 FIRST QUALITY CHEESE LTD. 1478 MAGEIRAS Β. S.A.

8%

3.009.651

3.279.207

9%

--

62.529.843

70.853.307

13%

2.257.684

3.272.179

45%

SCIENTIFIC & MEDICAL DEVICES

11.795.544

13.205.826

12%

2.941.143

3.264.199

11%

FOOD PRODUCTS

"Pre-tax income change"

"Turnover change"

270.110.378

Sector

Turnover 2019

"Pre-tax income 2019"

422

"Pre-tax income 2018"

AGRICULTURAL POULTRY 78 PINDOS COOP. OF IOANNINA

421

421-460

250.074.161

Company name

Turnover 2018

Sorted by Profits

Sorted by Turnover

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

424

1789 N. S.A.KELLARIS S.A.

CLOTHING - FOOTWEAR

9.646.678

10.467.840

9%

2.668.388

3.256.700

22%

425

1899 ZEUS S.A.

HOTELS

9.506.429

9.688.932

2%

3.699.854

3.251.013

-12%

24.100.078

27.258.882

13%

1.853.277

3.247.975

75%

2.994.440

5.662.049

89%

1.655.557

3.235.376

95%

8%

3.924.281

3.219.976

-18%

426

784 MERCURY CORPORATION S.A.

CLOTHING - FOOTWEAR

427

2926 MEDIWAY LTD.

MISCELLANEOUS PRODUCTS

428

1350 OKEANIDA S.A.

HOTELS

13.407.153

14.543.002

429

1022 NEOKEM S.A.

CHEMICAL PRODUCTS

20.800.218

20.243.342

-3%

2.972.803

3.219.144

8%

430

2836 E. DONTA S.A.

HOTELS

5.338.275

5.884.715

10%

2.919.605

3.212.590

10%

431

2316 ALPHA TRUST S.A.

INVESTMENT COMPANIES

6.176.083

7.680.336

24%

902.351

3.211.948

256%

115.835.101

142.184.276

23%

3.629.519

3.209.487

-12%

0

0

0%

1.165.737

3.203.908

175%

432 433

160 ADIDAS HELLAS S.A. 8460 DYNAMIS INSURANCE S.A.

CLOTHING - FOOTWEAR INSURANCE

434

370 MENARINI HELLAS S.A.

PHARMACEUTICALS COSMETICS

55.097.988

58.499.326

6%

2.992.121

3.200.908

7%

435

555 VIACAR S.A.

TRANSPORTATION MEANS & SPARE PARTS

33.022.735

39.417.021

19%

2.787.848

3.187.577

14%

7.646.095

6.309.839

-17%

3.236.702

3.180.323

-2%

150.639.036

179.019.865

19%

1.960.611

3.167.699

62%

15.146.274

17.423.471

15%

-961.650

3.165.002

0%

7.615.359

7.962.969

5%

1.222.159

3.155.425

158%

32.555.941

33.164.348

2%

2.988.018

3.139.602

5%

7.799.000

9.100.000

17%

2.530.000

3.128.000

24%

10.292.912

10.762.919

5%

6.372.478

3.123.947

-51%

0

0

0%

6.339.323

3.091.101

-51%

1.154.890

3.795.128

229%

412.625

3.073.437

645%

436

2709 HOTELS ILEKTRA S.A.

437

123 VITAFARM S.A.

HOTELS PHARMACEUTICALS COSMETICS

438

1156 THOLARI S.A.

HOTELS

439

2254 S.A.VVALAS A. & S. S.A.

PUBLICATIONS - PRINTING

440 441

662 GLEOUDIS N. '' KAVEX '' S.A.

TOBACCO PRODUCTS

2000 WIND RACHOULAS DERVENOCHORION S.A. ENERGY

442

1745 AIOLIKI LAFKOU S.A.

ENERGY

443

8461 ATLANTIK UNION S.A.

INSURANCE

444

3841 MEDSTEM SERVICES S.A.

MEDICAL SERVICES

445

660 KONTARATOU J. & F. S.A.

SUPERMARKET

30.401.947

33.171.691

9%

2.624.090

3.051.016

16%

446

842 FRIGO STAHL S.A.

--

30.016.085

25.175.198

-16%

4.983.618

3.050.504

-39%

347.223.000

462.343.000

33%

9.203.000

3.041.000

-67%

447

39 IRON THERMOHLEKTRIKI S.A.

ENERGY

448

1122 EVOL

AGRICULTURAL ENTERPRISES

17.408.901

18.176.203

4%

1.592.069

3.038.455

91%

449

1059 DICHEM CHIMIKA S.A.

CHEMICALS - PAINTS

18.262.039

19.444.271

6%

3.097.974

3.032.649

-2%

450

1383 KADMOS S.A.

--

6.382.686

14.146.877

122%

647.896

3.030.266

368%

451

882 EXPRESS PUBLISHING S.A.

452

1692 APOLLONIAN NUTRITION S.A.

PUBLICATIONS - PRINTING

23.345.181

23.517.466

1%

2.432.389

3.029.822

25%

9.205.132

11.217.867

22%

1.496.826

3.021.891

102%

165.868.736

185.334.452

12%

8.440.377

3.016.114

-64%

9.498.282

8.982.740

-5%

3.060.054

3.005.362

-2%

63.278.207

61.819.536

-2%

6.048.666

3.001.317

-50%

5.568.727

12.427.122

123%

521.447

2.993.081

474%

168.955.011

182.970.013

8%

3.421.410

2.992.896

-13%

FOOD PRODUCTS

12.523.742

13.637.752

9%

1.820.075

2.977.749

64%

--

25.512.857

23.749.556

-7%

1.993.822

2.975.590

49%

MISCELLANEOUS SERVICES

10.780.158

11.666.941

8%

-2.245.272

2.973.357

0%

FOOD TRADE

453

118 MERCEDES-BENZ HELLAS S.A.

TRANSPORTATION MEANS & SPARE PARTS

454

2028 MANDOULIDES SCHOOLS S.A.

MISCELLANEOUS SERVICES

455 456

348 MELISS.A. KIKIZAS S.A. ELEKTRONIKON 1537 MAT PROIGMENIS TECHNOLOGIAS S.A.

457

121 BAZAAR S.A.

458

1427 LEONTZINI I. S.A.

459

876 ERGOTEM S.A.

460

1632 DOUKAS SCHOOL S.A.

128

DIAMONDS 2021

FOOD PRODUCTS MISCELLANEOUS PRODUCTS SUPERMARKET


Mail: Grow–Protect @apollonbroker.gr https://www.apollonbroker.gr/ grow-protect/

tel: +2103483431


462

495 PALIRROIA SOULIOTIS S.A.

-34% 88%

2.956.500

50%

44.155.029

4%

7.682.853

1.682.790

-78%

11.867.490

12.744.431

7%

1.975.906

NON-METALLIC MINERALS

465

682 IOANNIDIS TH. S.A.

METALS

466

196 MEVGAL S.A.

FOOD PRODUCTS

467

881 TORRE Ε. GLATZOUNIS S.A.

FOOD TRADE MISCELLANEOUS SERVICES

"Pre-tax income change"

"Turnover change"

Turnover 2019

2.969.923 2.956.928

42.590.324

1517 AKROLITHOS S.A.

671 EDIL HELLAS S.A.

4.478.780 1.571.846

FOOD PRODUCTS

464

2195 KTEO HELLAS S.A.

-51%

309.623.000

--

468

2.970.000

302.741.000

5892 DIETHNIS S.A.

469

6.040.000

OFFICE DEVICES

463

2%

"Pre-tax income 2019"

63 PLAISIO COMPUTERS S.A.

Sector

461-500 "Pre-tax income 2018"

461

Company name

Turnover 2018

Sorted by Profits

Sorted by Turnover

DIAMONDS of the Greek Economy 2021 THE MOST ADMIRED ENTERPRISES

30.104.019

32.362.637

8%

2.125.646

2.948.498

39%

111.794.000

113.667.000

2%

2.751.000

2.942.000

7%

23.532.729

23.530.717

0%

2.770.736

2.940.851

6%

7.546.215

8.231.645

9%

2.823.166

2.920.432

3%

--

33.386.389

32.936.265

-1%

3.824.961

2.918.415

-24%

470

1606 LINEA S.A.

CLOTHING - FOOTWEAR

10.373.046

11.853.080

14%

2.349.439

2.905.091

24%

471

1221 DIGEA DIGITAL PROVIDER S.A.

TELECOMMUNICATIONS

16.580.189

16.432.549

-1%

3.341.814

2.889.100

-14%

472

ZEHNDER 2086 EGON INTERNATIONAL S.A.

MISCELLANEOUS SERVICES

5.975.031

8.660.115

45%

1.518.516

2.888.874

90%

473

2315 CHEFARMA LTD.

CHEMICALS - PAINTS

4.435.629

7.684.174

73%

2.341.833

2.886.075

23%

474

456 THANOPOULOS D. S.A.

SUPERMARKET

45.161.389

47.528.378

5%

2.265.124

2.876.807

27%

475

431 BASF HELLAS S.A.

CHEMICAL PRODUCTS

43.671.965

51.133.296

17%

1.272.373

2.864.923

125%

0%

2.354.258

2.858.500

21%

476

1724 STANLEY S.A.

HOTELS

10.977.836

10.931.551

477

1203 DAIDALOS S.A.

HOTELS

16.495.517

16.738.545

1%

3.741.675

2.854.081

-24%

ELECTRICAL SUPPLIES

39.059.314

42.817.908

10%

1.349.747

2.853.312

111%

153.453.000

157.039.000

2%

-13.072.000

2.850.000

0%

478

509 METRON-ENERGEIAKES EFARMOGES S.A.

479

137 SHIPPING COMPANY OF CRETE S.A. TRANSPORTS

480

26 REVOIL S.A.

PETROLEUM PRODUCTS

481

475 WIN MEDICA S.A.

PHARMACEUTICALS COSMETICS

482

450 FCA CAPITAL HELLAS S.A.

TRANSPORTATION MEANS & SPARE PARTS

483

4571 E.B.C. S.A.

484

4614 ATTIKA DIODIA S.A.

485

186 LG ELECTRONICS HELLAS S.A.

486

506 ASTRON CHEMICALS S.A.

HOLDING COMPANIES MISCELLANEOUS SERVICES ELECTRICAL APPLIANCES

719.632.181

700.287.406

-3%

1.414.683

2.838.192

101%

42.532.419

45.686.905

7%

795.170

2.834.518

256%

52.974.884

48.322.569

-9%

2.443.702

2.830.584

16%

2.034.068

2.834.615

39%

1.991.451

2.827.596

42%

2.025.159

2.800.000

38%

2.030.421

2.810.527

38%

114.550.025

122.160.831

7%

2.772.316

2.809.929

1%

CHEMICALS - PAINTS

41.821.573

43.332.753

4%

3.098.107

2.798.425

-10%

487

1278 OKAA S.A.

MISCELLANEOUS SERVICES

15.543.470

15.413.676

-1%

3.071.115

2.783.311

-9%

488

1208 AEGEAN COASTS S.A.

HOTELS

13.248.727

16.655.810

26%

2.730.575

2.778.590

2%

489

1708 R.E.X.E.KA. S.A.

HOTELS

11.277.982

11.091.120

-2%

3.493.721

2.774.569

-21%

PAPER

34.971.918

38.608.761

10%

2.243.650

2.758.002

23%

2.367.935.000

2.303.659.000

-3%

-14.168.000

2.743.000

0%

SCIENTIFIC & MEDICAL DEVICES

6.490.534

8.216.080

27%

2.196.269

2.711.505

23%

490

570 VIOKYT S.A.

491

5 HELLENIC FUELS S.A.

492

2200 KALTEK MEDICAL S.A.

PETROLEUM PRODUCTS

493

SHOES 644 ZANCOU I. A. KOUROUNIOTIS S.A.

CLOTHING - FOOTWEAR

33.471.628

33.759.749

1%

2.621.543

2.710.597

3%

494

470 CLINIC AGIOS LOUKAS - NOSSILEFTIKI S.A.

MEDICAL SERVICES

44.230.988

46.117.859

4%

1.894.921

2.702.664

43%

5.857.208

6.685.817

14%

2.823.862

2.700.603

-4%

131.270.565

123.732.498

-6%

5.826.673

2.697.462

-54%

HOTELS

12.942.965

14.098.344

9%

1.814.990

2.695.275

49%

PETROLEUM PRODUCTS

24.371.632

30.226.897

24%

1.570.687

2.686.249

71%

MISCELLANEOUS PRODUCTS

13.485.039

16.860.646

25%

1.979.714

2.683.444

36%

MISCELLANEOUS SERVICES

25.988.972

32.557.944

25%

1.378.966

2.674.916

94%

495

2585 STERIMED S.A.

496 497

181 FAMAR HEALTH CARE SERVICES SYNGROTIMATA 1387 TOURISTIKA ELLADOS S.A.

498 499

724 ELDON'S S.A. 1191 TRINITY WINES LTD.

500

130

677 DELOITTE BUSINESS SOLUTIONS S.A.

DIAMONDS 2021

MISCELLANEOUS SERVICES PHARMACEUTICALS DETERGENTS



502 503 504 505 506 507 508

46 HELLENIC CABLES S.A.

14.218.177

-1%

3.449.835

2.674.759

"Pre-tax income change"

"Pre-tax income 2019"

14.386.824

-22%

329.459.700

361.201.538

10%

-3.182.394

2.662.947

0%

HOTELS

20.194.681

21.586.053

7%

2.027.951

2.662.081

31%

HOTELS

17.192.031

18.235.749

6%

1.939.865

2.657.925

37%

OFFICE DEVICES

35.772.672

32.352.079

-10%

3.551.277

2.651.030

-25%

FOOD TRADE

12.229.668

12.073.166

-1%

2.740.283

2.647.124

-3%

734 VICKO S.A.

FURNITURE - RUGS LIGHTING

26.273.132

29.646.232

13%

3.154.118

2.642.960

-16%

594 KONSTANTINIDIS BROS S.A.

METALLIC PRODUCTS

42.946.150

36.983.983

-14%

4.141.508

2.642.504

-36%

ELECTRICAL APPLIANCES

10.325.134

14.224.470

38%

1.710.849

2.638.531

54%

HOTELS

38.582.972

40.145.324

4%

5.376.110

2.638.492

-51%

959 HELLAS HOLIDAY HOTELS S.A. 1120 MARBELLA S.A. 683 PRINTEC S.A. 1582 POWER HEALTH HELLAS S.A.

509

1376 PETRIDIS S.A.

510

543 ESPERIA S.A.

ELECTRICAL SUPPLIES

"Pre-tax income 2018"

HOTELS

"Turnover change"

1378 HATZILAZAROU J. & E. S.A.

Sector

Turnover 2019

Sorted by Turnover

501

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021

511

708 ROYSS.A.S S.A.

FOOD PRODUCTS

29.357.081

31.157.474

6%

1.823.161

2.638.378

45%

512

345 MONOTEZ S.A.

PLASTICS - RUBBER

78.438.675

62.466.939

-20%

4.210.236

2.634.660

-37%

513

MEDICAL PURCHASING 698 GROUP LTD.

SCIENTIFIC & MEDICAL DEVICES

12.852.501

31.428.068

145%

986.459

2.632.047

167%

514

223 YFANTIS S.A.

FOOD PRODUCTS

88.957.213

100.754.616

13%

2.348.130

2.630.115

12%

515

920 DAMKALIDIS D. & Ι. S.A.

ELECTRICAL SUPPLIES

21.398.601

22.505.282

5%

1.873.075

2.628.230

40%

516

726 DIMOULAS SPECIAL CABLES S.A.

ELECTRICAL SUPPLIES

27.688.621

30.154.418

9%

1.562.856

2.626.404

68%

AGRICULTURAL ENTERPRISES

15.147.954

19.345.654

28%

1.491.554

2.625.989

76%

MISCELLANEOUS SERVICES

517 518

1064 LIKOMITROS STEEL S.A. 619 PRICEWATERHOUSE COOPERS S.A.

519

1760 THERMOKIPIA DRAMAS S.A.

AGRICULTURAL ENTERPRISES

520

2697 AIOLIKI ADERES S.A

ENERGY

521

PROTECTION 1056 ENVIRONMENTAL ENGINEERING S.A.

--

522

1109 PAPERPACK TSOUKARIDIS S.A.

PAPER

523

188 MONDELEZ HELLAS S.A.

FOOD PRODUCTS

524

586 MARMARAS K. SONS LTD.

FOOD TRADE

35.640.185

35.544.353

0%

3.471.668

2.624.199

-24%

8.906.575

10.675.708

20%

1.796.287

2.619.142

46%

5.683.000

6.347.000

12%

2.137.000

2.613.000

22%

28.068.040

19.529.613

-30%

2.231.765

2.603.622

17%

16.620.894

18.446.639

11%

1.059.211

2.597.852

145%

116.247.140

120.312.377

3%

5.837.141

2.596.022

-56%

25.995.397

37.581.088

45%

1.420.809

2.590.370

82%

525

5776 ERNOS S.A.

--

1.483.898

1.769.799

19%

1.406.333

2.576.011

83%

526

1017 BUREAU VERITAS S.A.

MISCELLANEOUS SERVICES

17.635.300

20.387.019

16%

1.088.333

2.564.710

136%

527

1454 SOSIMEX S.A.

HOTELS

12.811.066

13.434.457

5%

1.708.567

2.564.364

50%

528

2071 PRIVATSEA PROJECTS S.A.

7.929.693

8.737.390

10%

1.026.517

2.553.967

149%

529

CARRIER SOUTH EAST EUROPE 380 AHI S.A.

HYGIENE AIR CONDITIONING

57.863.000

57.234.000

-1%

3.686.000

2.551.000

-31%

530

478 K. & N. EFTΗYMIADIS S.A.

CHEMICALS

39.845.316

45.297.542

14%

1.231.385

2.540.844

106%

531

1490 DOMAINE KOSTA LAZARIDI S.A.

--

BEVERAGES - SPIRITS

11.066.322

13.055.188

18%

1.472.485

2.539.561

72%

532

534 ATLANTA S.A.

FOOD TRADE

41.880.781

40.613.005

-3%

2.253.194

2.533.776

12%

533

596 PHARMATHEN INTERNATIONAL S.A.

PHARMACEUTICALS DETERGENTS

31.844.253

36.945.039

16%

3.308.456

2.532.563

-23%

7.753.051

12.207.801

57%

-1.141.540

2.530.123

0%

11.492.371

12.812.734

11%

1.610.762

2.528.452

57%

109.616.422

125.891.003

15%

2.705.056

2.526.128

-7%

CLOTHING - FOOTWEAR

13.389.653

13.484.346

1%

2.720.297

2.511.985

-8%

MISCELLANEOUS SERVICES

94.451.000

103.751.000

10%

4.427.000

2.506.000

-43%

3.942.228

4.278.922

9%

1.632.558

2.505.484

53%

534

1564 PEIRAIOS S.A.

BROKERS

535

1514 DAKTYLIDI EL. S.A.

HOTELS

536 537 538 539

132

HOLIDAYS BADOUVAS Κ. 178 CRETAN S.A. 1444 DIL FASHION GROUP S.A. 216 COSMOTE Ε-VALUE S.A 3549 METEM S.A.

DIAMONDS 2021

TOURISM AGENCIES

REAL ESTATE


15%

1.431.485

2.503.170

75%

541 1054 STELIOS KANAKIS S.A.

FOOD TRADE

20.182.368

19.561.263

-3%

3.000.021

2.501.410

-17%

542 6353 REDESTOS S.A.

CHEMICALS

1.438.624

1.374.759

-4%

415.642

2.497.256

501%

543 1323 VERNILAC S.A.

CHEMICALS

13.908.025

14.884.049

7%

1.601.037

2.488.308

55%

FOOD PRODUCTS

10.489.033

10.507.206

0%

2.786.306

2.485.556

-11%

8.737.931

12.746.239

46%

629.781

2.482.999

294%

544 1785

MANNA BAKERY IND. N. TS.A.TS.A.RONAKIS S.A.

"Pre-tax income change"

"Pre-tax income 2019"

343.094.404

Turnover 2019

299.569.554

52 KOSMOCAR S.A.

Sector

Turnover 2018

"Pre-tax income 2018"

"Turnover change"

Sorted by Turnover

Sorted by Profits

TRANSPORTATION MEANS & SPARE PARTS

540

Company name

545 1516 BETON MESS.A.RA S.A.

NON-METALLIC MINERALS

546

335 ABBVIE PHARMACEUTICALS S.A.

PHARMACEUTICALS COSMETICS

59.345.195

65.368.464

10%

4.502.106

2.479.245

-45%

547

305 DIAGEO HELLAS S.A.

BEVERAGES - SPIRITS

79.526.107

72.422.925

-9%

2.060.251

2.466.300

20%

548 1391 ACTIVE CARS S.A.

TOURISM AGENCIES

11.840.918

14.064.753

19%

1.815.280

2.464.665

36%

549 1033 TEXNAVA S.A.

MACHINERY

16.192.409

20.063.795

24%

1.337.007

2.463.443

84%

550 3179 TRITON ASSET MANAGEMENT

MISCELLANEOUS SERVICES

5.098.348

5.039.162

-1%

2.484.644

2.463.080

-1%

551 2744 PUBLICATION TZIOLA A. & BROS S.A.

PUBLICATIONS PRINTING

6.065.290

6.175.286

2%

2.593.309

2.462.691

-5%

552

MARINE & INDUSTRIAL ITEMS

28.975.159

30.699.189

6%

2.192.351

2.454.560

12%

553 2317 DOMAINE GEROVASSILIOU S.A.

BEVERAGES - SPIRITS

6.905.068

7.671.599

11%

1.888.701

2.447.411

30%

554

--

23.000.169

25.178.272

9%

1.816.151

2.437.017

34%

435.574

3.998.999

818%

-109.559

2.430.670

0%

715 HERMES - HARISSIADIS & SONS S.A

841 ERGA-TI-KAT S.A.

555 3711 ALPHA TRUST - ANDROMEDA S.A.

MISCELLANEOUS SERVICES

556

MISCELLANEOUS PRODUCTS

31.278.304

32.954.164

5%

2.571.865

2.430.286

-6%

557 1031 SEFKO ZEELANDIA S.A

FOOD PRODUCTS

19.332.555

20.068.913

4%

2.626.417

2.426.222

-8%

558 3530 ASTRO S.A.

HOTELS

4.221.456

4.311.352

2%

2.145.793

2.419.908

13%

670 CORTEVA AGRISCIENCE HELLAS S.A.

559 1755

TS.A.OUSSIS CHR. B. EUROPTINOTROFIKI S.A.

FOOD PRODUCTS

10.957.026

10.705.441

-2%

3.684.143

2.417.524

-34%

560 1452

VASSOS I., - A. VAROUXIS,'' PROVIROM '' LTD.

CHEMICALS - PAINTS

13.172.963

13.439.291

2%

2.521.532

2.408.456

-4%

561

AMGEN HELLAS FARMAKEYTIKA LTD.

PHARMACEUTICALS COSMETICS

59.119.690

60.085.239

2%

2.195.501

2.396.420

9%

562 1009 IOANNIDIS K. E. S.A.I.C.

FOOD PRODUCTS

20.099.747

20.555.133

2%

2.533.110

2.394.145

-5%

563

ELECTRICAL SUPPLIES

21.420.728

21.487.518

0%

341.738

2.387.871

599%

HOTELS

11.514.383

12.833.345

11%

2.718.843

2.376.200

-13%

MACHINES - APPLIANCES

19.447.141

21.987.167

13%

2.911.815

2.369.247

-19%

566 1267 KTISTOR S.A.

--

21.135.521

15.620.753

-26%

4.604.332

2.368.152

-49%

567

HOTELS

28.161.213

27.809.749

-1%

2.523.993

2.367.125

-6%

HOTELS

6.302.975

6.514.732

3%

1.272.111

2.365.025

86%

360

965 NAVARINO TELECOM S.A.

564 1511 565

KANAVA HOTEL AND TOURISM ENTERPRISES S.A.

943 SKLAVOS S. S.A. 776 ATHENAEUM S.A.

568 2630

TS.A.OUSOGLOU HOTEL & TOURIST ENTERP. S.A.

569

635 MESSOGEIOS S.A.

--

23.744.171

34.558.037

46%

1.023.149

2.356.829

130%

570

615 ELECTROMEC S.A.

--

23.658.563

35.746.345

51%

537.683

2.350.693

337%

DIAMONDS 2021

133


571 1647 ET.AN.AP. S.A.

BEVERAGES - SPIRITS

572 2218 EUROBANK EQUITIES S.A.

BROKERS

573

429 EP.AL.ME S.A.

574

192 EXALCO S.A.

"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Sector

Turnover 2019

Company name

Turnover 2018

Sorted by Turnover

Sorted by Profits

DIAMONDS of the Greek Economy 2021

10.682.495

11.564.129

8%

1.900.040

2.350.056

24%

6.853.035

8.133.898

19%

834.004

2.343.401

181%

METALLIC PRODUCTS

47.185.704

51.321.821

9%

1.995.565

2.335.238

17%

METALLIC PRODUCTS

110.766.438

117.337.629

6%

1.096.225

2.329.949

113%

BEVERAGES - SPIRITS

8.731.681

9.383.855

7%

2.937.095

2.329.724

-21%

SCIENTIFIC & MEDICAL DEVICES

34.888.662

39.861.298

14%

3.955.830

2.327.180

-41%

577 1541 ENTERSOFT S.A.

INFORMATION TECHNOLOGY

11.339.100

12.406.182

9%

1.868.578

2.324.403

24%

578

PLASTICS - RUBBER

19.974.399

21.503.057

8%

2.315.563

2.319.429

0%

575 1941 576

TS.A.KTS.A.RLIS B. E. GEROVASILEIOU S.A.

548 ENORASIS S.A.

964 KOTRONIS S.A.

579

897 SOLERGON S.A.

--

15.890.222

23.039.699

45%

1.183.758

2.319.413

96%

580

907 ROUPAS A. HERCULES LTD.

FOOD TRADE

21.083.907

22.792.667

8%

2.204.031

2.318.421

5%

581

847 PERFORMANCE TECHNOLOGIES S.A. OFFICE DEVICES

19.460.141

24.907.848

28%

1.555.999

2.310.889

49%

582

756 DELOITTE & TOUCHE S.A.

25.489.186

28.463.434

12%

189.848

2.308.807 1116%

MISCELLANEOUS SERVICES

583 3196 THRACE PLASTICS S.A.

PLASTICS - RUBBER

4.896.000

4.993.000

2%

683.000

2.301.000

237%

584 2095 GREEN IMPORT LTD.

FOOD TRADE

8.539.322

8.633.481

1%

2.109.550

2.298.358

9%

155.781.000

188.855.000

21%

880.000

2.293.000

161%

PHARMACEUTICALS DETERGENTS

52.679.788

60.004.099

14%

-321.636

2.292.167

0%

587 1073 NORDIA S.A.

NON-METALLIC MINERALS

21.241.228

19.135.425

-10%

3.854.757

2.288.585

-41%

588 1730 KRESTAINITIS E. S.A.

HOTELS

11.078.393

10.896.138

-2%

3.056.080

2.270.840

-26%

589

CHEMICALS

35.050.971

45.395.964

30%

2.469.257

2.258.664

-9%

590 1561 OLIVELLAS S.A.

FOOD PRODUCTS

12.882.341

12.261.412

-5%

1.375.258

2.246.756

63%

591 1897 DIVANIS ACROPOLIS S.A.

HOTELS

9.447.163

9.699.862

3%

1.828.227

2.237.749

22%

592 1023 SYN INNOVATION LAB S.A.

PHARMACEUTICALS COSMETICS

18.666.922

20.222.830

8%

2.907.429

2.231.657

-23%

WORLDBRIDGE - PAYMENT SERVICES S.A.

FINANCIAL SERVICES

9.780.599

11.236.795

15%

1.816.360

2.227.639

23%

594 2857 ZISSIMOPOULOU ST. S.A.

HOTELS

5.630.555

5.837.035

4%

1.928.650

2.214.133

15%

595

--

22.344.144

22.709.525

2%

3.470.640

2.213.864

-36%

5.047.555

5.127.131

2%

-484.309

2.213.624

0%

30.050.585

33.303.909

11%

2.808.529

2.208.448

-21%

PETROLEUM PRODUCTS

200.094.000

240.732.000

20%

738.000

2.206.000

199%

CLOTHING - FOOTWEAR

24.624.462

26.496.056

8%

2.951.913

2.205.596

-25%

INFO QUEST TECHNOLOGIES S.A.

585

114

586

362 KORRES NATURAL PRODUCTS S.A.

477 KAPACHEM S.A.

593 1687

910 KONKAT S.A.

INFORMATION TECHNOLOGY

596 3129 ADAMOU VAS. D. S.A.

TRANSPORTATION MEANS & SPARE PARTS

597

FOOD PRODUCTS

598 599

655 MEGAS GYROS A.E. 85 MAKRAION S.A. 811 TS.A.KIRIS - MALLAS S.A.

600 1229 EL S.A.BOR S.A.

FOOD PRODUCTS

14.462.611

16.231.743

12%

1.803.604

2.201.851

22%

601

FOOD TRADE

81.946.209

86.802.033

6%

3.221.240

2.201.357

-32%

777.593

690.909

-11%

-2.393.213

2.191.521

0%

12.152.835

12.831.338

6%

2.384.541

2.190.438

-8%

252 FLORIDIS S.A.

602 7441 VERTICAL S.A.

METALLIC PRODUCTS

603 1512 TS.A.BASSIS S.A.

FOOD PRODUCTS

134

DIAMONDS 2021


"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Turnover 2019

Sector

Turnover 2018

Sorted by Turnover

Sorted by Profits

Company name

604 6471 PAPAIOANNOU BROS S.A.

FURNITURE

1.264.992

1.297.073

3%

-327.875

2.185.031

0%

605 2366 ONE OUTLET S.A.

REAL ESTATE

7.148.147

7.483.493

5%

1.990.679

2.182.270

10%

606

CLOTHING - FOOTWEAR

22.694.937

26.205.145

15%

2.216.839

2.176.497

-2%

607 1563 BIOIGIA LTD.

FOOD TRADE

11.175.102

12.220.741

9%

1.990.581

2.173.743

9%

608

MISCELLANEOUS PRODUCTS

28.319.268

34.955.185

23%

1.791.689

2.168.476

21%

609 1192 PHTHIOTIS PAPERMILLS S.A.

PAPER

16.815.000

16.857.000

0%

2.096.000

2.165.000

3%

610 2601 ECOCHEMICAL S.A.

AGRICULTURAL ENTERPRISES

5.873.285

6.603.230

12%

1.600.692

2.163.995

35%

611 1630 ITF HELLAS M.S.A.

PHARMACEUTICALS COSMETICS

9.583.366

11.686.236

22%

1.357.524

2.163.311

59%

612 3708 SKOURAS CAMP S.A.

TOURISM ENTERPRISES

3.868.624

4.001.390

3%

2.186.682

2.154.975

-1%

613

CHEMICALS

23.898.581

26.082.409

9%

1.673.027

2.150.636

29%

614 1121 ZARA HOME HELLA S.A.

FURNITURE - RUGS LIGHTING

18.484.931

18.211.593

-1%

2.157.883

2.148.712

0%

615

865 ERNST & YOUNG HELLAS S.A.

FINANCIAL SERVICES

24.165.950

23.979.009

-1%

2.506.771

2.141.793

-15%

616

762

MISCELLANEOUS SERVICES

17.979.603

28.125.640

56%

1.442.322

2.134.619

48%

9.276.769

10.668.237

15%

2.025.304

2.124.541

5%

MOBILE TELEPHONY

300.029.841

300.038.852

0%

2.059.480

2.122.092

3%

619 1027 LAVIPHARM S.A.

PHARMACEUTICALS DETERGENTS

21.084.000

20.165.000

-4%

612.000

2.115.000

246%

620 1308 KOTSIOPOULOS Ι. BROS S.A.

FOOD TRADE

14.379.923

14.983.512

4%

1.964.161

2.107.172

7%

621

FOOD TRADE

25.603.850

26.994.022

5%

1.825.865

2.103.403

15%

HOTELS

9.588.155

9.968.069

4%

2.427.633

2.100.998

-13%

MISCELLANEOUS SERVICES

6.254.824

13.686.937

119%

880.240

2.099.880

139%

13.900.808

16.769.678

21%

879.926

2.098.693

139%

30.790.824

44.548.702

45%

1.975.876

2.097.430

6%

7.858.250

8.570.747

9%

1.634.755

2.093.541

28%

88.377.000

110.754.000

25%

482.000

2.087.000

333%

15.310.408

16.218.201

6%

1.648.673

2.086.442

27%

816 ZACKRET S.A.

627 THEON SENSORS S.A.

819 VIORYL S.A.

SELECT SERVICES PARTNER ESTIATORIA HELLAS S.A.

617 1761 HERMES GRECE S.A. 618

67

MOBILE COMMUNICATIONS CENTRΕ S.A.

790 PURATOS HELLAS S.A.

622 1865

KONTOKALI BAY RESORT AND SPA S.A.

623 1422 J. K. PRODUCTIONS S.A.

CLOTHING - FOOTWEAR

624 1200 KOKOLOGIANNIS EMM. & SONS S.A. HOTELS 625

487 AUTO DEAL P. & R. DAVARI S.A.

TRANSPORTATION MEANS & SPARE PARTS

626 2109

ASSISTANT ORGANIC PRODUCTS S.A,

FOOD TRADE

627

UNISYSTEMS HELLAS INFORMATION SYSTEMS S.A.

OFFICE DEVICES

206

628 1233

EFODIASTIKI KATANALOTIKI LTD. BEVERAGES - SPIRITS "RAINBOW WATERS"

629

911 TEKA SYSTEMS S.A.

INFORMATION TECHNOLOGY

21.755.596

22.707.358

4%

2.780.626

2.085.069

-25%

630

542 MARS HELLAS S.A.

FOOD TRADE

39.253.661

40.251.792

3%

-1.094.738

2.081.690

0%

631

749 FOURNARAKIS S.A.

MACHINERY

25.316.805

28.826.834

14%

1.754.449

2.079.295

19%

632

926 METAXAS S. & E. & A. S.A.

BEVERAGES - SPIRITS

23.268.859

22.315.880

-4%

3.046.999

2.072.294

-32%

633

552 IONIAN CHEMICALS S.A.

CHEMICALS - PAINTS

34.059.364

39.643.210

16%

1.205.308

2.068.816

72%

DIAMONDS 2021

135


"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

522 D. & S. ANASTOPOULOS S.A.

Sector

Turnover 2019

Sorted by Turnover

634

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021

PRINTING - PAPER STATIONERY

31.483.513

41.882.665

33%

1.255.083

2.068.333

65%

635 1442 LAMDA HELLIX S.A.

MISCELLANEOUS SERVICES

11.597.408

13.505.104

16%

1.645.790

2.064.693

25%

AEGEAN HOTEL & TOURIST 636 2374 ENTERP. S.A. - DORYSS.A. BAY HOTEL

HOTELS

6.738.284

7.464.474

11%

1.004.662

2.063.654

105%

637 1663 KOUVIDIS EMMANOUEL S.A.

ELECTRICAL SUPPLIES

10.026.968

11.434.797

14%

1.734.362

2.062.116

19%

638 1253 RAVENNA S.A.

HYGIENE AIR CONDITIONING

12.899.400

15.854.989

23%

1.663.251

2.056.103

24%

639

821 PALAPLAST S.A.

PLASTICS - RUBBER

640

60 MARKET IN S.A.

641 642

856 VETA S.A. 72 MOUCHALIS S.A.

SUPERMARKET MACHINES - APPLIANCES MISCELLANEOUS PRODUCTS

643 1652 CELLCO CHEMICALS S.A.

CHEMICALS - PAINTS

644 3397 GREEK PV S.A

ENERGY

645

FOOD PRODUCTS

710 FARMA KOUKAKI S.A.

27.848.495

26.011.353

-7%

2.513.623

2.049.106

-18%

284.109.666

318.748.476

12%

1.857.404

2.048.546

10%

29.920.875

24.473.542

-18%

-2.367.366

2.048.368

0%

260.975.171

281.462.577

8%

762.535

2.046.515

168%

10.991.613

11.537.265

5%

2.088.290

2.043.848

-2%

4.341.436

4.577.157

5%

1.864.637

2.043.794

10%

29.037.101

31.039.304

7%

2.012.110

2.042.606

2%

646 2647 PELAGOS S.A.

HOTELS

6.797.838

6.461.624

-5%

2.033.586

2.042.183

0%

647 3735 MOUROUZIS S.A.

HOTELS

4.358.597

3.965.609

-9%

2.161.544

2.039.897

-6%

648 2650 SIDERIS AEGA

INSURANCE

6.521.111

6.453.736

-1%

4.528.085

2.038.423

-55%

52.886.537

50.032.231

-5%

1.716.017

2.025.114

18%

6.723.027

6.692.855

0%

2.567.395

2.022.214

-21%

126.959.550

124.268.980

-2%

679.147

2.020.757

198%

29.987.548

28.070.087

-6%

4.025.928

2.013.156

-50%

649

437

MERCK PHARMAKEYTIKA XIMIKA S.A.

PHARMACEUTICALS COSMETICS

650 2582 ΑΤΡΙ GREECE S.A.

TOURISM ENTERPRISES

651

180 CORAL GAS S.A.

LIQUID GAS

652

765 XEROX HELLAS S.A.

OFFICE DEVICES

653 3102 PRISMA S.A.

PUBLICATIONS - PRINTING

4.423.815

5.206.635

18%

1.803.834

2.012.447

12%

654 3526 ATHINAIKI HOTEL S.A.

HOTELS

4.267.526

4.315.307

1%

1.380.040

2.010.572

46%

655 2678 GEOANALYSIS S.A.

--

3.524.562

6.387.859

81%

1.387.415

2.006.876

45%

656

TRANSPORTATION MEANS & SPARE PARTS

300.622.791

299.829.258

0%

-2.032.786

2.005.786

0%

68 SFAKIANAKIS S.A.

657 1377

MOUSS.A.MAS BROS S.A. (ATHENS HOLIDAY INN)

HOTELS

14.487.935

14.221.271

-2%

2.672.320

2.005.452

-25%

658

COLGATE PALMOLIVE HELLAS LTD.

PHARMACEUTICALS COSMETICS

67.347.685

68.144.355

1%

2.468.516

2.005.298

-19%

CSL BEHRING HELLAS MEDICAL PHARMACEUTICALS LTD. COSMETICS

14.931.883

14.396.279

-4%

805.455

2.003.987

149%

MACHINERY

7.602.105

21.546.100

183%

409.101

1.989.183

386%

661 2454 S.A.MARAS G. S.A.

MISCELLANEOUS PRODUCTS

6.890.188

7.139.307

4%

1.274.782

1.986.236

56%

662 1498 TECHNOCAN S.A.

METALLIC PRODUCTS

322

659 1362 660

961 ALFA - LAVAL S.A.

663 1239 HIGAS G. GEORGOTECHNIKI S.A. MACHINERY

136

DIAMONDS 2021

12.145.408

12.943.150

7%

1.990.444

1.984.438

0%

14.660.425

16.145.940

10%

1.002.465

1.979.424

97%


KATRADIS MARINE ROPES INDUSTRY S.A.

"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Turnover 2019

Sector

Turnover 2018

Sorted by Turnover

Sorted by Profits

664 1119

Company name

TEXTILES

15.088.064

18.237.477

21%

1.758.001

1.977.085

12%

665

504 EPIRUS S.A.

FOOD PRODUCTS

44.486.022

43.410.104

-2%

1.915.642

1.973.401

3%

666

617 RONTIS S.A. (MEDISPES S.A.)

SCIENTIFIC & MEDICAL DEVICES

27.716.636

35.579.881

28%

1.590.140

1.973.262

24%

667

863 MOURIKIS PHOTIOS AΝAST. S.A. TIMBER & CORK

21.365.415

24.036.278

13%

1.443.002

1.972.762

37%

668 2794 KARAGIANNIS G. & SIA S.A.

MISCELLANEOUS SERVICES

6.838.930

6.017.297

-12%

1.211.307

1.967.427

62%

669 2984 PHAISTOS NETWORKS Α.Ε.

MISCELLANEOUS PRODUCTS

3.139.098

5.487.256

75%

975.170

1.960.993

101%

670

MEDICAL SERVICES

29.052.420

31.744.245

9%

1.225.166

1.954.273

60%

208.309.609

272.946.497

31%

455.113

1.951.525

329%

TOURISM AGENCIES

8.906.886

10.333.672

16%

1.057.711

1.938.759

83%

TRANSPORTATION MEANS

4.343.131

3.788.238

-13%

2.424.332

1.933.964

-20%

FOOD PRODUCTS

49.381.969

50.028.150

1%

2.298.938

1.930.412

-16%

675 2717 HELLENIKON S.A.

MISCELLANEOUS SERVICES

6.123.536

6.286.630

3%

1.814.759

1.928.518

6%

676

CHEMICALS - PAINTS

24.057.673

21.121.133

-12%

2.715.177

1.928.167

-29%

677 1508 TITANIA S.A.

HOTELS

11.750.380

12.868.767

10%

1.052.448

1.926.687

83%

678

716 PAPOUTS.A.NIS S.A.

PHARMACEUTICALS DETERGENTS

24.240.709

30.682.488

27%

1.062.282

1.923.495

81%

679

357 MOTORDYNAMIC S.A.

TRANSPORTATION MEANS & SPARE PARTS

54.697.028

60.214.357

10%

1.252.668

1.922.751

53%

680

537 PAPAFILIS MILLS S.A.

FOOD PRODUCTS

37.507.550

40.496.059

8%

1.847.174

1.918.342

4%

681

211 ERGA OSE S.A.

MISCELLANEOUS SERVICES

175.498.577

108.850.385

-38%

1.367.020

1.913.549

40%

9.389.126

9.524.791

1%

2.105.147

1.910.477

-9%

671

692 DRAGINI E. D. S.A. 76 AIGLON S.A.

672 1810 MAROULI BROS S.A. 673 3846 674

PRIVATSEA MARINE SERVICES S.A.

439 KRONOS S.A.

977 DΕΜ. GAVRIEL & Co. LTD.

682 1923

KALIOUDAKIS D.M. RODITIS S.A.

TRANSPORTATION MEANS & SPARE PARTS

HOTELS

683 2276 MOTORLEASE S.A.

CAR RENTALS

6.844.487

7.847.577

15%

1.603.933

1.909.353

19%

684 1884 ZIDIANAKIS ''REPUTATION'' S.A.

BEVERAGES - SPIRITS

9.413.376

9.816.377

4%

2.217.890

1.906.423

-14%

685

CLOTHING - FOOTWEAR

22.628.270

22.854.634

1%

2.362.275

1.903.907

-19%

686 1509 S.A. (Hotel '' La Marquise '')

HOTELS

13.405.629

12.841.096

-4%

2.082.466

1.900.558

-9%

687

FOOD TRADE

30.193.604

35.764.366

18%

1.771.177

1.888.458

7%

CHEMICALS - PAINTS

16.061.907

14.270.083

-11%

2.812.034

1.887.456

-33%

0

0

0%

3.645.779

1.885.145

-48%

2.273.947

2.432.005

7%

1.594.841

1.877.502

18%

903 OYSO HELLAS S.A. 613 EUROCATERING S.A.

688 1372 EXTRACO S.A. 689 8459

INTERAMERICAN VOITHEIAS S.A.

690 5023 AIOLIKA PARKA AXLADION S.A.

INSURANCE ENERGY

691

TEU SHIPPING & 501 TRANSPORTATION S.A.

TRANSPORT COMPANIES

41.055.791

43.932.431

7%

2.034.616

1.875.018

-8%

692

735 BOLTON HELLAS S.A.

PHARMACEUTICALS DETERGENTS

28.209.407

29.628.109

5%

2.778.861

1.874.230

-33%

693

754 DIELLAS LTD.

SUPERMARKET

28.859.224

28.553.966

-1%

1.607.299

1.871.070

16%

DIAMONDS 2021

137


694 3332 ZERONO S.A.

PHARMACEUTICALS COSMETICS

695

727 ANASTASSOPOULOS VAS. S.A.

696 2544 GYALOU S.A. 697 2258 698

"Pre-tax income change"

"Pre-tax income 2019"

4.719.790

39%

1.215.110

1.862.974

53%

FOOD TRADE

29.104.402

30.101.655

3%

1.472.198

1.862.123

26%

REAL ESTATE

6.306.760

6.822.494

8%

4.737.377

1.861.793

-61%

5.955.407

7.957.200

34%

218.746

1.858.345

750%

427.514.204

354.739.863

-17%

1.005.240

1.857.349

85%

8.793.545

9.898.085

13%

1.577.791

1.856.434

18%

METALLIC PRODUCTS

699 1874 FLUIDRA S.A.

MACHINERY

700

SUPERMARKET

61 ANEDIK KRITIKOS S.A.

"Pre-tax income 2018"

3.396.758

PEIRAIOS ASSET MANAGEMENT FINANCIAL SERVICES S.A.

48 CORINTH PIPEWORKS S.A.

"Turnover change"

Sector

Turnover 2019

Company name

Turnover 2018

Sorted by Turnover

Sorted by Profits

DIAMONDS of the Greek Economy 2021

256.416.295

317.040.977

24%

3.066.209

1.855.911

-39%

701 1343 VARIO S.A.

PHARMACEUTICALS COSMETICS

13.589.646

14.641.717

8%

1.310.121

1.855.665

42%

702

332 MEGA ELECTRICS S.A.

MISCELLANEOUS PRODUCTS

66.098.726

66.000.489

0%

1.734.806

1.850.780

7%

703

464 FARMASYN S.A.

PHARMACEUTICALS COSMETICS

45.279.133

46.629.909

3%

1.786.970

1.844.499

3%

7.979.949

10.820.921

36%

1.668.059

1.844.225

11%

704 1738 P. S.A.RRIS LTD.

MISCELLANEOUS PRODUCTS

705

279 PROFARM S.A.

PHARMACEUTICALS COSMETICS

58.871.772

79.812.558

36%

642.292

1.839.244

186%

706

262 SPANOS S.A. (BMW)

TRANSPORTATION MEANS & SPARE PARTS

77.040.771

84.234.346

9%

852.839

1.838.890

116%

ENERGY

5.305.760

5.626.850

6%

1.385.661

1.838.370

33%

MISCELLANEOUS SERVICES

9.823.245

11.808.248

20%

1.686.002

1.834.968

9%

PAPER

41.412.041

42.318.248

2%

483.839

1.829.041

278%

HOTELS

707 2937 708 1609 709

SCHOOLS DELTA NORTH GREECE S.A.

515 EL PACK S.A.

710 1590 PORTO PLATANIAS S.A.

12.356.704

11.949.017

-3%

3.339.607

1.828.485

-45%

711

PHARMACISTS` SUPPLY 157 COOPΕRATIVE OF ATTICA LLC

PHARMACEUTICALS COSMETICS

134.946.828

143.815.094

7%

1.363.374

1.826.789

34%

712

629 BAXTER HELLAS LTD.

PHARMACEUTICALS COSMETICS

35.389.470

34.817.790

-2%

307.574

1.823.523

493%

713

217

OFFICE DEVICES

126.554.757

103.502.768

-18%

2.186.692

1.818.599

-17%

714 1392 CONDITO S.A.

FOOD PRODUCTS

12.357.528

14.058.996

14%

1.852.260

1.817.736

-2%

715 3541 DAKON S.A.

MISCELLANEOUS SERVICES

3.642.881

4.286.278

18%

1.275.233

1.816.307

42%

716

TRANSPORTATION MEANS & SPARE PARTS

43.223.261

57.259.835

32%

1.867.694

1.815.861

-3%

717 2955 THEOXENIA KIFISSIA IS.A.X S.A. HOTELS

5.821.744

5.567.458

-4%

2.239.337

1.809.483

-19%

TOP ELECTRONICS COMPONENTS S.A.

ELECTRICAL SUPPLIES

13.482.767

13.912.361

3%

1.637.394

1.808.114

10%

FOOD TRADE

38.774.197

42.057.330

8%

1.815.973

1.808.002

0%

720 1158 TERRA CRETA S.A.

FOOD PRODUCTS

22.118.436

17.366.089

-21%

2.371.837

1.807.506

-24%

721

FOOD TRADE

189.586.141

193.777.421

2%

1.340.528

1.806.023

35%

378 ROBERT BOSCH S.A.

718 1405 719

138

ΕΝΕΤ SOLUTIONS LOGICOM S.A.

519 MEDBEST S.A. 105 KALLAS - PAPADOPOULOS S.A.

DIAMONDS 2021


"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Turnover 2019

Sector

Turnover 2018

Sorted by Turnover

Sorted by Profits

Company name

HELLENIQUE CONSTRUCTIVE 722 1719 TOURIST TRADING ENTERPISE S.A.

HOTELS

8.552.216

10.991.148

29%

1.203.627

1.806.007

50%

723 2278 GOODY'S S.A.

MISCELLANEOUS SERVICES

6.598.000

7.835.000

19%

6.111.000

1.804.000

-70%

724

649 KEPENOS MILLS S.A.

FOOD PRODUCTS

33.288.166

33.414.196

0%

726.908

1.802.208

148%

725

826

FOOD PRODUCTS

22.392.353

25.716.926

15%

1.473.498

1.800.118

22%

726

837 VEPAL S.A.

METALLIC PRODUCTS

26.748.015

25.303.699

-5%

3.480.025

1.798.986

-48%

727 1781 IGIASI S.A.

SCIENTIFIC & MEDICAL DEVICES

8.467.728

10.521.751

24%

909.984

1.795.351

97%

728 1441 NEOTEX S.A

CHEMICALS - PAINTS

10.860.779

13.505.618

24%

1.144.353

1.793.173

57%

729 1110 KLEFER S.A.

METALLIC PRODUCTS

18.540.625

18.424.777

-1%

1.755.409

1.789.884

2%

730 1974 TEMAK S.A.

MACHINES - APPLIANCES

9.980.284

9.198.870

-8%

2.012.709

1.787.049

-11%

TRANSPORTATION MEANS & SPARE PARTS

9.208.248

31.552.578

243%

181.491

1.786.263

884%

66.179.801

73.727.631

11%

1.920.183

1.784.771

-7%

9.175.561

12.321.393

34%

283.216

1.778.882

528%

HATZIGEORGIOU ALMOND PRODUCTS S.A.

MIXELIDAKIS A. NIRAKIS I. S.A.

731

696

732

300 OKTABIT .S.A.

733 1553

ADVANTAGE FINANCIAL SYSTEMS EXPERTS S.A.

OFFICE DEVICES INFORMATION TECHNOLOGY

734

575 VERIDOS MATSOUKIS S.A.

PUBLICATIONS PRINTING

24.518.878

38.440.335

57%

501.425

1.772.060

253%

735

759 BAKALAROS K. D. S.A.

BEVERAGES - SPIRITS

25.106.725

28.377.318

13%

934.349

1.767.158

89%

736 1313 KAWACOM HELLAS S.A.

FOOD TRADE

12.495.266

14.942.359

20%

783.589

1.766.362

125%

737 2030 PASS.A.RELLA S.A.

FOOD PRODUCTS

9.114.025

8.979.262

-1%

1.241.632

1.763.778

42%

738 2507 BRETAS FAMILY S.A.

FOOD PRODUCTS

5.887.954

6.959.922

18%

1.515.794

1.754.177

16%

739 1155 NEOGAL S.A.

FOOD PRODUCTS

17.080.674

17.478.686

2%

1.884.428

1.749.844

-7%

740 3191 WIND SIDIROKASTROU S.A.

ENERGY

4.648.799

5.007.686

8%

1.552.827

1.749.685

13%

741

MEDICAL SERVICES

92.770.683

97.277.911

5%

1.577.063

1.733.358

10%

3.346.028

3.689.984

10%

1.712.795

1.727.544

1%

26.884.846

27.054.352

1%

1.662.768

1.722.340

4%

6.602.792

6.287.312

-5%

1.792.823

1.720.937

-4%

18.983.257

21.214.571

12%

852.501

1.718.472

102%

7.641.519

7.818.676

2%

1.748.232

1.716.167

-2%

13.961.474

16.250.676

16%

1.519.744

1.716.037

13%

231 BIOIATRIKI S.A.

742 3895 ATEX S.A. 743

788 DAVARIS TEXTILES S.A.

HOTELS CLOTHING - FOOTWEAR

744 2716 AQUA VET S.A.

PHARMACEUTICALS COSMETICS

745

CHEMICALS

973 VECHRO S.A.

746 2282 GENESIS ATHENS S.A.

MEDICAL SERVICES

747 1228 UNIMAC S.A.

MACHINERY

748 3940 EUROWIND S.A.

ENERGY

3.991.000

3.636.000

-9%

2.541.000

1.716.000

-32%

749 2289 VIONOVA LTD.

FOOD TRADE

6.313.723

7.803.237

24%

1.400.178

1.715.236

23%

816.587

933.178

14%

611.697

1.712.665

180%

22.676.290

23.058.507

2%

2.654.821

1.712.077

-36%

4.328.369

3.253.690

-25%

2.584.957

1.710.104

-34%

36.314.344

41.103.402

13%

1.280.241

1.709.664

34%

750 7048 LAMDA PRIME PROPERTIES S.A. -751

FURNITURE - RUGS 896 WOOD WELL ZYMARIDIS M. S.A. LIGHTING

752 4197 TEXNIKI ENERGEIAKI S.A.

ENERGY

753

PHARMACEUTICALS COSMETICS

529 HONDOS CENTER ANSWER S.A.

DIAMONDS 2021

139


--

5.366.032

88%

-103.896

1.705.942

0%

"Pre-tax income change"

2.848.954

"Pre-tax income 2019"

"Pre-tax income 2018"

ANDR. & THEMIST. NIKIA NIKOLETOPOULOI S.A.

"Turnover change"

754 3035

Sector

Turnover 2019

Company name

Turnover 2018

Sorted by Turnover

Sorted by Profits

DIAMONDS of the Greek Economy 2021

755 1210 ZAVALOS ''XARTOTEXNIKI'' S.A.

PAPER

14.197.598

16.596.093

17%

1.120.312

1.702.396

52%

756

PHARMACEUTICALS COSMETICS

29.406.255

30.325.826

3%

1.040.041

1.701.759

64%

757 1294 ZIKO S.A.

CHEMICALS

15.305.808

15.182.227

-1%

2.242.906

1.699.663

-24%

758

SCIENTIFIC & MEDICAL DEVICES

53.213.953

54.054.886

2%

2.299.586

1.699.502

-26%

9.620.773

10.209.732

6%

1.971.100

1.697.365

-14%

722 MAKALDI S.A.

400 MEDTRONIC HELLAS S.A.

759 1831 PRESIDENTIAL S.A.

HOTELS

760 1654 APOSTOLIDIS S.A.

ELECTRICAL APPLIANCES

11.629.736

11.505.511

-1%

1.708.545

1.693.284

-1%

761

ELECTRICAL SUPPLIES

16.765.807

21.148.289

26%

1.004.184

1.690.342

68%

974 EUROLAMP S.A.

762 1185 KERAKOLL HELLAS LTD.

CHEMICALS - PAINTS

14.790.996

16.935.907

15%

1.519.227

1.688.671

11%

763 1840 MAGNETIC S.A.

ELECTRICAL APPLIANCES

8.604.886

10.157.391

18%

626.419

1.680.353

168%

764 2972 N. & K. GOLIOPOULOS S.A.

--

5.271.875

5.515.373

5%

1.938.794

1.678.235

-13%

765

BEVERAGES - SPIRITS

21.978.227

21.866.725

-1%

1.500.461

1.676.864

12%

766 1272 INTROFEΧ S.A.

FOOD PRODUCTS

15.006.100

15.565.311

4%

2.440.213

1.675.196

-31%

767 2343 ENVIRONMENTAL ENGINEERING S.A.

MISCELLANEOUS PRODUCTS

7.587.223

7.579.298

0%

1.765.587

1.673.259

-5%

768 1433 IQVIA HELLAS S.A.

INFORMATION TECHNOLOGY

12.542.628

13.577.497

8%

1.376.050

1.667.362

21%

769

TOURISM AGENCIES

14.260.236

39.577.873

178%

100.938

REAL ESTATE

3.063.386

3.032.139

-1%

1.288.130

1.666.053

29%

297 DOLE FRESH FRUIT HELLAS LTD. FOOD TRADE

69.577.999

73.980.538

6%

1.140.826

1.665.521

46%

947 SIGANOS S.A.

554 TOURGREECE S.A.

770 4402 771

CENTRAL MARKET of THESS.A.LONIKI S.A

772 1742 GALAKTOKOMIKI LESVOU S.A.

FOOD PRODUCTS

773 2063 BRUNI S.A.NDRO DISTRIBUTION S.A. CLOTHING - FOOTWEAR 774

342 MICHELIN TYRES S.A.

TRANSPORTATION MEANS & SPARE PARTS

775 3398 METHIL S.A.

HOTELS

776 1070 METRON AYTOMATISMOI S.A.

METALLIC PRODUCTS

777 4492 DIVANIS HOTELS S.A.

HOTELS

778 1218 779

MISCELLANEOUS SERVICES

267 JT INTERNATIONAL HELLAS S.A. TOBACCO PRODUCTS

780 3216 781

MYSERVICES SECURITY & FACILITY S.A. AIOLIKI DERVENI TRAIANOUPOLEOS S.A.

982 DAIOS PLASTICS S.A.

782 2347 SENEKIS A. & SONS LTD.

ENERGY PLASTICS - RUBBER

9.991.085

10.774.635

8%

1.402.018

1.664.087

19%

12.297.063

8.768.378

-29%

2.240.595

1.663.923

-26%

66.136.430

62.830.965

-5%

1.524.692

1.662.982

9%

4.466.550

4.576.930

2%

1.613.715

1.659.196

3%

16.774.503

19.186.028

14%

1.251.049

1.653.682

32%

2.732.384

2.920.566

7%

414.836

1.649.346

298%

16.910.406

16.464.251

-3%

2.809.871

1.646.868

-41%

75.801.026

83.138.680

10%

1.493.644

1.641.161

10%

5.668.000

4.944.000

-13%

2.022.000

1.641.000

-19%

25.931.624

21.059.336

-19%

1.927.066

1.633.228

-15%

2.916.725

7.563.894

159%

207.897

1.632.953

685%

783 2319 KASTRAKI-FALIRAKI BEACH S.A. HOTELS

7.461.566

7.665.348

3%

2.532.654

1.630.113

-36%

784 4095 CYBERONICA S.A.

OFFICE DEVICES

3.398.683

3.416.683

1%

1.209.415

1.628.869

35%

785

MEDICAL SERVICES

40.526.708

44.991.105

11%

880.140

1.627.071

85%

481 EUROCLINIC OF ATHENS S.A.

ELECTRICAL SUPPLIES

1.666.623 1551%

786 2088 CHEMO HELLAS S.A.

CHEMICALS

4.195.298

8.651.661

106%

343.829

1.624.689

373%

787 1549 UNISMACK S.A.

FOOD PRODUCTS

7.278.322

12.348.870

70%

374.775

1.622.079

333%

140

DIAMONDS 2021


PALAMIDIS L & SONS D. TELONI & CO. S.A.

FOOD PRODUCTS

"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Turnover 2019

Sector

Turnover 2018

Sorted by Turnover

Sorted by Profits

788 2290

Company name

7.657.290

7.795.630

2%

1.524.101

1.621.639

6%

789 1151 MIXAIL PAPAPANAGIOTOU S.A.

CHEMICALS - PAINTS

16.443.086

17.522.025

7%

1.506.348

1.619.766

8%

790

FOOD TRADE

65.223.000

64.515.000

-1%

-1.168.000

1.619.000

0%

2.850.035

3.422.079

20%

941.081

1.611.341

71%

22.312.091

23.172.131

4%

2.050.208

1.611.004

-21%

338 ELGEKA S.A.

791 4091 P.E.N.I. LTD.

MEDICAL SERVICES

792

SUPERMARKET

890 HATZIGIAKOUMIS K. S.A.

793 2732 ELVE ENDIMATON S.A.

CLOTHING

4.879.406

6.223.196

28%

762.850

1.610.893

111%

794 2704 MARITOUR S.A.

HOTELS

6.872.189

6.324.725

-8%

-570.696

1.609.434

0%

795

316 SPACE HELLAS S.A.

OFFICE DEVICES

62.819.000

69.602.000

11%

1.532.000

1.609.000

5%

796 1026 SEB GROUPE HELLAS S.A.

MISCELLANEOUS PRODUCTS

19.812.348

20.166.856

2%

826.093

1.608.928

95%

797 2951 SKOURAS S.A.

BEVERAGES - SPIRITS

4.737.422

5.592.564

18%

1.203.349

1.607.989

34%

798

MISCELLANEOUS PRODUCTS

145.802.000

221.569.000

52%

-892.000

1.606.000

0%

5.788.056

12.051.780

108%

678.457

1.604.262

136%

11.001.427

10.892.647

-1%

1.815.975

1.603.491

-12%

8.017.610

6.366.239

-21%

3.260.597

1.596.604

-51%

10.123.417

11.057.832

9%

1.757.536

1.595.966

-9%

9.518.753

9.010.103

-5%

1.999.265

1.588.165

-21%

96 CORAL PRODUCTS Α.Ε.

799 1584 ATREUS LTD.

EQUIPMENT

800 1732 LIACAKOS S.A.

HYGIENE AIR CONDITIONING

801 2693 HELLENIC AIOLIKI S.A.

ENERGY

802 1712 LERIVA DIAGNOSTICS S.A.

SCIENTIFIC & MEDICAL DEVICES

803 2020 ERETVO S.A.

--

804 1402 ELETRO S.A.

FOOD TRADE

12.333.996

13.941.130

13%

1.457.125

1.587.548

9%

PETROLEUM PRODUCTS

46.001.082

69.005.756

50%

1.071.647

1.587.004

48%

3.454.969

3.961.851

15%

162.632

1.582.634

873%

805

ELLINIKI ETAIREIA 318 AEROPORIKON KAYSIMON (EEAK) AE (HAFCO)

806 3739 SWISSPORT HELLAS S.A.

AIRLINES

807

592 UCB S.A.

PHARMACEUTICALS COSMETICS

36.619.032

37.385.123

2%

1.607.473

1.581.895

-2%

808

471 ORBIT POLYMERS S.A.

CHEMICALS - PAINTS

43.982.566

46.085.906

5%

964.386

1.581.644

64%

809

182

PHARMACEUTICAL PHARMACEUTICALS DISTRIBUTION COOPERATIVE S.A. COSMETICS

117.055.749

123.390.186

5%

1.826.261

1.581.491

-13%

810 1945 LAMDA LABORATORIES S.A.

MEDICAL SERVICES

3.715.053

9.328.940

151%

506.363

1.581.245

212%

811 2341 IAKOVOS TSIMPRE S.A.

SUPERMARKET

6.979.816

7.579.391

9%

1.630.269

1.578.689

-3%

TRANSPORT COMPANIES

5.843.196

6.212.029

6%

2.243.675

1.572.167

-30%

812 2737 813

IGOUMENITS.A. PORT AUTHORITY S.A.

705 HOTEL KEYS S.A.

HOTELS

25.787.037

31.264.278

21%

260.545

1.571.473

503%

814 2178 TZARAKIS G. S.A.

HOTELS

8.005.002

8.291.169

4%

494.950

1.569.520

217%

815

OFFICE DEVICES

27.170.897

31.934.966

18%

619.902

1.569.386

153%

GREEK PAPER INDUSTRY OF 816 1211 CENTRAL MACEDONIA '' SONOCO '' S.A.

PAPER

18.169.112

16.575.482

-9%

2.319.316

1.569.228

-32%

817

PHARMACEUTICALS COSMETICS

29.213.537

28.953.757

-1%

1.201.622

1.558.206

30%

CHEMICALS - PAINTS

10.305.015

10.604.897

3%

1.194.091

1.557.365

30%

688 INFOWORX LTD.

748 STEP S.A.

818 1772 TCK S.A. CHEMICALS

DIAMONDS 2021

141


819 3224 DIGENIS S.A.

METALLIC PRODUCTS

"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Sector

Turnover 2019

Company name

Turnover 2018

Sorted by Turnover

Sorted by Profits

DIAMONDS of the Greek Economy 2021

4.135.445

4.923.929

19%

1.497.820

1.555.422

4%

27.174.029

32.405.682

19%

1.353.094

1.553.901

15%

3.636.701

3.853.442

6%

1.535.741

1.551.129

1%

GENERAL COMMERCIAL & INDUSTRIAL CO. S.A.

MISCELLANEOUS PRODUCTS

821 3801

IOANNIS & ILIAS D. TEFAS NAFPIGOPLASTIKI S.A.

TRANSPORTATION MEANS

822

827

SELECTED TEXTILE INDUSTRIES S.A.

TEXTILES

24.945.464

25.709.277

3%

-3.705.823

1.550.484

0%

823

915 PROTON S.A.

SCIENTIFIC & MEDICAL DEVICES

22.760.410

22.627.063

-1%

1.089.929

1.545.084

42%

824 3126 ROUSS.A.LIS BROS S.A.

BEVERAGES - SPIRITS

4.456.405

5.139.247

15%

1.093.209

1.543.858

41%

825

PHARMACEUTICALS COSMETICS

30.527.347

33.180.385

9%

523.896

1.530.584

192%

826 1045 AINOS S.A.

FOOD TRADE

19.026.780

19.691.527

3%

1.242.449

1.529.313

23%

827 3152 MARBLES POULIOS S.A.

NON-METALLIC MINERALS

4.809.156

5.092.895

6%

1.139.109

1.521.423

34%

828 5018 YDROENERGEIAKI ELLADOS S.A.

ENERGY

1.431.573

2.433.832

70%

51.453

829 2334 STEREA KAYSIMA S.A.

CHEMICALS

8.864.003

7.605.107

-14%

1.459.220

820

680

659 ASTELLAS PHARMACEUTICALS S.A.

1.519.216 2853% 1.518.555

4%

1.517.517

18%

830 1895 DOMUS S.A.

METALLIC PRODUCTS

9.348.875

9.726.275

4%

1.287.353

831 1356 VETO S.A.

CLOTHING - FOOTWEAR

10.774.122

14.461.096

34%

102.213

1.516.867 1384%

832 1113 THERMOPLASTIKI S.A.

TIMBER & CORK

14.347.317

18.278.484

27%

82.865

1.516.854 1731%

833 1250 ATESE S.A.

--

17.090.930

15.975.419

-7%

1.706.593

1.512.917

-11%

834 3618 S.A.NTEL S.A.

OFFICE DEVICES

3.728.084

4.153.880

11%

1.006.497

1.509.450

50%

835 1536 CERAMETAL S.E. S.A.

METALLIC PRODUCTS

12.375.563

12.435.946

0%

1.492.978

1.504.451

1%

PHARMACEUTICALS COSMETICS

158.192.231

170.302.079

8%

1.524.113

1.503.322

-1%

836

127

PEIFASYN PHARMACEYTICAL COOP. OF PIRAEUS

837 1301 GENESIS S.A.

MEDICAL SERVICES

14.250.000

15.046.000

6%

474.000

1.503.000

217%

PHARMACEUTICALS COSMETICS

52.667.914

51.915.267

-1%

1.171.019

1.501.768

28%

PHARMACEUTICALS COSMETICS

16.689.326

16.693.360

0%

828.169

1.501.361

81%

FOOD PRODUCTS

58.850.126

67.909.238

15%

-375.193

1.500.701

0%

841 1764 KARAKOSTAS VAIOS H. S.A.

ELECTRICAL SUPPLIES

11.403.901

10.644.282

-7%

1.305.075

1.500.517

15%

842

MISCELLANEOUS PRODUCTS

12.124.666

40.391.523

233%

-1.042.255

1.497.545

0%

MISCELLANEOUS SERVICES

7.509.236

8.100.920

8%

951.143

1.495.702

57%

MISCELLANEOUS SERVICES

29.826.495

34.681.233

16%

-298.990

1.494.607

0%

838

JOHNSON & JOHNSON 421 CONSUMER S.A.

839 1206 S.A.FEBLOOD BIOANALYTICA S.A. 840

325

KARAMOLENGOS BREADINDUSTRY S.A.

538 PAPADAKIS BROS

843 2229 ENACT S.A. KOMPATSIARIS BROS AMALTHEIA S.A.

844

631

845

416 OK ANYTIME MARKET S.A.

FOOD TRADE

45.832.347

52.470.671

14%

662.865

1.491.506

125%

846 1146 NEF - NEF S.A.

CLOTHING

16.474.010

17.657.149

7%

1.433.342

1.488.907

4%

847

PHARMACEUTICALS DETERGENTS

24.799.504

28.382.433

14%

734.886

1.488.248

103%

7.608.033

7.051.063

-7%

1.226.161

1.486.780

21%

758 TSETI E. & I. S.A. INTERMED

848 2479

142

GALAKTOMIKI TRIPOLEOS PAPADOPOULOS S.A.

DIAMONDS 2021

FOOD PRODUCTS


BEVERAGES - SPIRITS

"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Turnover 2019

Sorted by Turnover

979 OPTIMAL SUPPLY CHAIN S.A.

Sector

Turnover 2018

Sorted by Profits

849

Company name

20.916.458

21.108.672

1%

1.574.317

1.486.145

-6%

850 3885 ALYKANAS VILLAGE S.A.

HOTELS

4.159.056

3.704.923

-11%

1.550.297

1.485.268

-4%

851 2588 KALTEQ S.A.

SCIENTIFIC & MEDICAL DEVICES

4.908.236

6.679.555

36%

1.378.161

1.479.667

7%

3.312.761

3.531.832

7%

1.337.581

1.478.543

11%

852 4020 NAYTILIAKI ETAIREIA THASOU S.A. TRANSPORT COMPANIES 853 2605 D. STERGIDIS S.A.

TRANSPORTATION MEANS & SPARE PARTS

5.759.420

6.585.761

14%

975.023

1.476.653

51%

854 3737 PETRONIATIS EMM. S.A.

HOTELS

4.059.183

3.964.292

-2%

1.593.111

1.476.178

-7%

855 1224 KPMG CONSULTANTS S.A.

MISCELLANEOUS SERVICES

19.730.924

16.325.702

-17%

5.639.745

1.473.580

-74%

856

MOBILE TELEPHONY

63.200.303

56.178.745

-11%

1.349.863

1.472.717

9%

MEDICAL SERVICES

2.638.859

2.410.304

-9%

1.651.131

1.467.839

-11%

TRANSPORT COMPANIES

37.910.356

39.886.601

5%

2.217.444

1.467.576

-34%

859 1133 SEVEN STARS S.A.

HOTELS

20.409.173

17.929.483

-12%

3.801.144

1.467.514

-61%

860 1305 PPG HELLAS S.A.

CHEMICALS - PAINTS

13.392.280

15.012.381

12%

1.474.776

1.466.912

-1%

861 3532 STAFYLOPATIS N. S.A.

MACHINERY

3.541.457

4.302.947

22%

1.222.442

1.465.794

20%

862 1570 DIAGORAS S.A.

TOURISM AGENCIES

11.006.298

12.142.096

10%

1.104.460

1.465.340

33%

863

BEVERAGES - SPIRITS

41.402.399

42.289.553

2%

1.820.111

1.465.294

-19%

386 ERICSSON HELLAS S.A.

857 5047 858

ANTHROPINI PARAGOGI K. PANTOS LTD

547 SPEEDEX S.A.

516 PERNOD RICARD HELLAS S.A.

864 1001 MAKRYDAKIS I. S.A.

FOOD TRADE

19.714.020

20.750.817

5%

1.258.623

1.465.211

16%

865 1364 GIORMANI V. LTD.

CHEMICALS - PAINTS

16.985.645

14.375.144

-15%

1.519.285

1.462.784

-4%

866

ELECTRICAL SUPPLIES

48.146.940

42.650.671

-11%

15.505.298

1.448.025

-91%

7.917.707

5.262.276

-34%

1.720.730

1.447.423

-16%

15.166.048

15.612.175

3%

1.371.999

1.447.206

5%

152.838.487

162.533.474

6%

2.034.230

1.446.646

-29%

514 SIEMENS S.A.

867 3078 HELIOAKMI S.A. 868 1270 869

MANITARIA KECHAGIA MANITARIA KECHAGIA S.A.

130 BSH S.A.

ELECTRICAL APPLIANCES FOOD TRADE ELECTRICAL APPLIANCES

870 2480 ACQUA SOURCE S.A.

MISCELLANEOUS PRODUCTS

7.502.303

7.050.331

-6%

1.180.365

1.446.375

23%

871 3034 K. GERMANOS - MEDICALS S.A.

SCIENTIFIC & MEDICAL DEVICES

4.546.895

5.369.125

18%

796.338

1.442.406

81%

872

591 S.A.RKK S.A.

CLOTHING - FOOTWEAR

31.662.721

37.398.014

18%

2.229.211

1.438.463

-35%

873

834 ERLIKON S.A.

METALLIC PRODUCTS

35.592.755

25.504.599

-28%

-1.147.040

1.436.191

0%

874 1811 CHRISTIDI I. BROS S.A.

CHEMICALS - PAINTS

8.813.466

10.333.057

17%

992.454

1.434.300

45%

875 3968 PITOULIS S.A.

HOTELS

3.293.775

3.606.423

9%

505.251

1.434.039

184%

876

MISCELLANEOUS SERVICES

33.175.076

40.856.663

23%

490.917

1.434.027

192%

7.879.651

7.531.112

-4%

1.735.964

1.433.915

-17%

ELECTRICAL SUPPLIES

59.770.105

46.184.240

-23%

3.258.480

1.430.944

-56%

CLOTHING - FOOTWEAR

18.950.564

20.964.147

11%

1.085.490

1.430.792

32%

7.018.176

12.677.431

81%

157.449

1.429.446

808%

531 PREMIER CAPITAL HELLAS S.A.

877 2354 AEROSERVICES S.A. INTRACOM DEFENSE ELECTRONICS S.A.

878

468

879

989 ROSSI S.A.

880 1522 PSYCHOGIOS S.A.

TRANSPORTATION MEANS & SPARE PARTS

PUBLICATIONS PRINTING

DIAMONDS 2021

143


FOOD TRADE

"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

242 VOUDOURIS - KONSTAS S.A.

Sector

Turnover 2019

Sorted by Turnover

881

Company name

Turnover 2018

Sorted by Profits

DIAMONDS of the Greek Economy 2021

90.417.805

92.411.187

2%

1.408.196

1.429.044

1%

6.427.925

6.870.684

7%

1.475.387

1.428.712

-3%

31.719.046

30.808.606

-3%

2.138.427

1.425.147

-33%

HOTELS

7.358.137

7.371.832

0%

1.351.296

1.423.621

5%

MISCELLANEOUS SERVICES

9.115.404

9.519.819

4%

1.792.852

1.422.155

-21%

886 1965 ESPRESSE S.A.

FOOD TRADE

8.963.297

9.229.931

3%

985.977

1.420.504

44%

887 2087 ARVANITIS S.A.

FOOD PRODUCTS

9.391.934

8.658.073

-8%

1.304.041

1.419.535

9%

888 2472 VARELAS S.A.

SCIENTIFIC & MEDICAL DEVICES

6.987.651

7.074.469

1%

1.506.058

1.417.825

-6%

889 2067 VIOTYPOS S.A.

MEDICAL SERVICES

7.562.836

8.749.820

16%

1.008.670

1.412.579

40%

890

FOOD TRADE

29.681.894

35.553.928

20%

751.077

1.412.371

88%

HOTELS

10.950.857

11.180.080

2%

1.856.080

1.410.592

-24%

882 2531 MARINA GOUVION S.A.

TRANSPORT COMPANIES

883

PHARMACEUTICALS DETERGENTS

712 HELLENICA S.A.

884 2406 MANTZAVELAKIS A. S.A. 885 1925

ICS INTELLIGENT CASH SYSTEMS S.A.

618 JANNEC S.A.

891 1697 CLUB MYKONOS S.A. 892

145 SEKAVIN BUNKERING STATIONS S.A. PETROLEUM PRODUCTS

130.396.500

150.284.921

15%

1.831.355

1.410.427

-23%

893 1410 I.B.S. S.A.

BEVERAGES - SPIRITS

12.736.101

13.878.912

9%

-70.527

1.410.264

0%

894 2731 GETREMED LTD.

SCIENTIFIC & MEDICAL DEVICES

5.065.052

6.227.624

23%

926.766

1.410.199

52%

18.496.638

12.357.105

-33%

0

1.407.523

0%

895 1546

E-GOVERNMENT SOCIAL SECURITY S.A.

INFORMATION TECHNOLOGY

896 3342 TSIMIDOPOYLOS M. S.A.

HOTELS

4.339.445

4.693.549

8%

1.256.949

1.403.662

12%

897 2367 VIORAL S.A.

METALLIC PRODUCTS

7.474.378

7.481.033

0%

1.110.890

1.403.410

26%

BEVERAGES - SPIRITS

23.963.370

22.828.473

-5%

4.018.824

1.401.059

-65%

MINES QUARRIES

14.728.667

13.981.985

-5%

575.732

1.399.801

143%

PHARMACEUTICALS COSMETICS

20.941.884

22.662.856

8%

-156.074

1.399.493

0%

3.042.137 1333%

-215.041

1.397.847

0%

898

905

BREWERY MAKEDONIAS THRAKIS S.A.

899 1399 M.E.TE. S.A. 900

913

GENERAL CHEMICAL PRODUCTS S.A.

901 4392 AGEH S.A.

FURNITURE

212.327

902 4255 PILAVAS DISTILLERY S.A.

BEVERAGES - SPIRITS

2.884.521

3.186.001

10%

1.287.276

1.397.700

9%

903 1046 HUGO BOSS HELLAS LTD.

CLOTHING - FOOTWEAR

18.031.610

19.686.164

9%

1.967.751

1.395.563

-29%

904 2719 KARAMOLENGOS G & E. S.A.

HOTELS

6.008.239

6.282.500

5%

1.192.665

1.395.254

17%

905 4695 STATHATOS E. S.A.

PUBLICATIONS PRINTING

2.742.552

2.720.987

-1%

1.398.624

1.394.924

0%

906

207 WESTNET DISTRIBUTION S.A.

OFFICE DEVICES

101.181.537

110.694.780

9%

784.365

1.392.507

78%

907

983 PICAR S.A.

REAL ESTATE

20.460.578

21.055.397

3%

3.802.970

1.390.800

-63%

7.115.422

7.161.979

1%

1.478.531

1.390.728

-6%

908 2449 POLO S.A.

CLOTHING

909

781 S.H.M. HELLAS - PILION S.A.

FOOD PRODUCTS

32.739.364

27.414.674

-16%

1.688.884

1.384.110

-18%

910 6963

K. & G. MEDITERRANEAN MARINAS MANAGEMENT S.A.

MISCELLANEOUS SERVICES

837.943

988.782

18%

3.450.410

1.382.564

-60%

911 1227

PLOMARIOU DISTILLERY I. ARVANITIS S.A.

BEVERAGES - SPIRITS

14.218.459

16.255.506

14%

752.157

1.377.219

83%

PHARMACEUTICALS COSMETICS

4.104.743

4.552.618

11%

1.201.112

1.376.603

15%

912 3412 LION PHARMA S.A.

144

DIAMONDS 2021


913 1078 INFORM P. LYKOS S.A.

PUBLICATIONS PRINTING

914 2936 DELTA MEDICAL S.A.

"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Turnover 2019

Sector

Turnover 2018

Sorted by Turnover

Sorted by Profits

Company name

33.115.492

18.991.212

-43%

-6.037.312

1.375.790

0%

SCIENTIFIC & MEDICAL DEVICES

5.539.681

5.629.201

2%

1.616.992

1.375.663

-15%

915 2938 KORI HOTEL S.A.

HOTELS

5.632.742

5.624.293

0%

1.720.190

1.375.304

-20%

916

465 MANESSIS TRAVEL S.A.

TOURISM AGENCIES

40.731.378

46.611.187

14%

1.727.293

1.373.208

-20%

917

573 GENFROCO S.A.

FOOD TRADE

35.632.463

38.495.625

8%

501.368

1.370.452

173%

918 4242 EXOTHERMIA S.A.

INFORMATION TECHNOLOGY

2.913.308

3.197.132

10%

1.062.999

1.368.031

29%

919

PHARMACEUTICALS DETERGENTS

24.283.696

25.887.265

7%

1.890.373

1.368.029

-28%

822 ANFARM HELLAS S.A.

920 2224 KAPELIS P. S.A.

PAPER

6.796.796

8.120.902

19%

1.063.698

1.367.469

29%

921 2162 TRADE LOGISTICS S.A.

MISCELLANEOUS SERVICES

7.828.000

8.345.000

7%

1.399.000

1.367.000

-2%

922 2158 AEGEON S.A.

HOTELS

9.847.027

8.378.024

-15%

3.037.484

1.365.328

-55%

923 3509

ETAIREIA AGOGOU KAYSIMOU AERODROMIOU ATHINON

TRANSPORT COMPANIES

4.409.446

4.358.377

-1%

2.119.700

1.364.016

-36%

924 1937

SISTIMATA AMUNTIKON OCHIMATON HELLAS '' HDVS '' S.A.

TRANSPORTATION MEANS

8.006.622

9.396.619

17%

726.360

1.363.821

88%

FOOD PRODUCTS

47.526.996

53.997.517

14%

2.338.845

1.362.731

-42%

926 1601 INTRALINK LOGISTICS S.A.

TRANSPORT COMPANIES

11.048.372

11.877.650

8%

1.585.383

1.362.464

-14%

927 3399 BODERM S.A.

PHARMACEUTICALS DETERGENTS

4.369.814

4.573.928

5%

1.043.905

1.360.665

30%

925

928

401 LITTLE ACRE MILK FARM S.A.

BEVERAGES - SPIRITS

22.688.629

22.828.158

1%

1.060.140

1.360.439

28%

929 1298 GIANNIKAKIS S. S.A.

906 CAVINO S.A.

HOTELS

11.841.522

15.095.915

27%

2.305.886

1.356.659

-41%

930

PHARMACEUTICALS COSMETICS

30.049.031

27.341.996

-9%

1.230.532

1.354.714

10%

ENERGY

2.367.040

2.306.860

-3%

1.436.472

1.354.695

-6%

932 2210 SOFIA IOANNIDOU S.A.

HOTELS

7.334.824

8.178.746

12%

945.674

1.346.079

42%

933

TOURISM AGENCIES

21.753.326

21.469.027

-1%

1.394.070

1.344.223

-4%

783 SERVIER HELLAS LTD.

931 5164

DEI ANALOSIMES - MFN ENERGY ''VOREINO PELLIS'' S.A

966 SIVA TRAVEL SERVICES S.A.

934 4806 LATOMEIA HORDAKIOU S.A.

NON-METALLIC MINERALS

2.515.208

2.622.323

4%

1.475.448

1.343.991

-9%

935 2496 KYMH S.A.

TRANSPORTATION MEANS

5.941.556

6.997.264

18%

419.282

1.342.448

220%

936 2220 IAKOVIDES M.S. HELLAS S.A.

SCIENTIFIC & MEDICAL DEVICES

7.835.560

8.129.848

4%

945.053

1.342.090

42%

937 1094 LAOUDIS BROS S.A.

FOOD TRADE

17.893.390

18.721.887

5%

1.359.135

1.341.183

-1%

938

CLOTHING - FOOTWEAR

50.887.451

54.471.469

7%

4.779.996

1.339.656

-72%

939 1532 STARTLINE S.A.

CLOTHING - FOOTWEAR

14.078.516

12.500.409

-11%

2.786.090

1.336.553

-52%

940 1595 SIPCAM HELLAS LTD.

CHEMICALS - PAINTS

9.540.995

11.920.199

25%

1.132.344

1.333.367

18%

941 1024 LARIPAST S.A.

PLASTICS - RUBBER

20.909.234

20.216.136

-3%

2.348.349

1.330.460

-43%

942 3714 EXODUS S.A.

INFORMATION TECHNOLOGY

4.972.013

3.996.118

-20%

-1.702.206

1.329.827

0%

943

FOOD TRADE

66.639.468

61.739.289

-7%

2.353.887

1.324.507

-44%

397 DIETHNIS ATHLITIKI LTD.

350 GENERAL MILLS HELLAS S.A.

DIAMONDS 2021

145


944 3319

KYTIOPOIIA GRAFIKES TECHNES LTD.

PAPER

"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

"Turnover change"

Sector

Turnover 2019

Company name

Turnover 2018

Sorted by Turnover

Sorted by Profits

DIAMONDS of the Greek Economy 2021

3.906.469

4.746.752

22%

925.079

1.323.621

43%

945 1477 MAGNA GROUP S.A.

TOURISM ENTERPRISES

11.176.078

13.207.655

18%

1.167.438

1.322.939

13%

946 3047 VOLOS PORT AUTHORITY S.A.

TRANSPORT COMPANIES

5.459.834

5.336.359

-2%

1.607.874

1.320.951

-18%

947 1957 RICHEMONT HELLAS S.A.

MISCELLANEOUS PRODUCTS

9.241.903

9.251.129

0%

928.473

1.320.934

42%

948 3453 DRASSOS A. S.A.

HOTELS

4.379.270

4.465.359

2%

1.540.965

1.320.701

-14%

949 2177 SEALED AIR HELLAS S.A.

PLASTICS - RUBBER

8.842.893

8.291.289

-6%

1.749.085

1.315.601

-25%

950 4709 POLITIS J. S.A.

HOTELS

1.247.804

2.705.905

117%

259.572

1.314.628

406%

951 1587 VLACHAKIS S.A.

FOOD PRODUCTS

11.854.685

12.035.557

2%

1.181.679

1.312.248

11%

952 1184 AVANCE RENT A CAR LTD.

CAR RENTALS

13.360.754

16.953.295

27%

1.170.840

1.308.633

12%

953

381 LUNCHEON MEAT OF EVROS S.A. FOOD PRODUCTS

49.016.172

57.046.322

16%

3.455.263

1.306.915

-62%

954

919 CHRYSS.A.FIDIS M.G. S.A.

MISCELLANEOUS PRODUCTS

22.295.639

22.530.791

1%

1.219.591

1.306.303

7%

TEXTILES

10.877.597

12.132.428

12%

1.187.683

1.305.384

10%

955 1572 ACCESS S.A. 956 2430 A & M ARCHITECTS S.A.

--

6.696.354

7.280.556

9%

941.052

1.301.487

38%

IFCO SYSTEMS HELLAS 957 1727 R.P.C. PALLET SYSTEMS LTD.

MISCELLANEOUS SERVICES

9.700.842

10.911.165

12%

1.278.885

1.300.185

2%

958 1394 STOP S.A.

MISCELLANEOUS PRODUCTS

12.298.399

14.054.689

14%

1.269.247

1.300.101

2%

959 3400 ATRON HEALTH S.A.

SCIENTIFIC & MEDICAL DEVICES

5.634.935

4.571.015

-19%

2.541.220

1.299.447

-49%

960 1201 ZOOTROFES KRITIS S.A.

FOOD PRODUCTS

17.315.593

16.757.672

-3%

1.400.350

1.297.564

-7%

961

METALLIC PRODUCTS

20.666.050

33.392.163

62%

-1.524.611

1.295.504

0%

651 EMEK S.A.

962 2006 KOULIKIDIS A. & SONS S.A.

PRINTING - PAPER STATIONERY

8.154.124

9.073.867

11%

1.187.447

1.295.128

9%

963 3858 PHOTON DYNAMICS S.A.

ENERGY

3.712.002

3.770.872

2%

1.227.175

1.294.382

5%

964

AGRICULTURAL ENTERPRISES

61.770.520

64.080.590

4%

1.365.790

1.292.184

-5%

965 1592 PANEVROPA S.A.

TOURISM ENTERPRISES

10.934.009

11.940.910

9%

831.541

1.291.725

55%

966 2342 SPYRIDIS G. DIMITRIOS S.A.

MACHINERY

6.260.124

7.579.340

21%

606.446

1.291.172

113%

967 1189 DIMAS S.A.

ELECTRICAL APPLIANCES

14.947.122

16.878.445

13%

1.000.532

1.290.913

29%

968 1111 ZARIFOPOULOS T. G. S.A.

MISCELLANEOUS PRODUCTS

17.548.555

18.348.502

5%

986.765

1.288.857

31%

969 1247 VALABANIS ELIAS S.A.

FURNITURE - RUGS LIGHTING

14.187.060

16.048.768

13%

1.090.607

1.288.603

18%

TRANSPORT COMPANIES

4.707.034

4.832.708

3%

1.113.346

1.288.095

16%

971 1341 ADAMAKOS BROS S.A.

CLOTHING - FOOTWEAR

14.495.387

14.687.945

1%

1.513.280

1.285.196

-15%

972 3836 SEKAVAR S.A.

TRANSPORT COMPANIES

3.993.141

3.799.915

-5%

1.612.107

1.284.157

-20%

973

329 ATHANASSIOU S.A.

TOBACCO PRODUCTS

42.928.257

66.887.476

56%

-614.543

1.283.935

0%

974

872 IPSEN LTD.

PHARMACEUTICALS COSMETICS

18.824.879

23.835.792

27%

438.923

1.282.341

192%

FOOD PRODUCTS

15.999.137

14.343.495

-10%

867.185

1.279.457

48%

339 VENUS GROWERS

970 3269

SIGNATURE FLIGHT SUPPORT ATHENS S.A.

975 1367 HELLENIC FINE OILS S.A.

146

DIAMONDS 2021


"Pre-tax income change"

"Pre-tax income 2019"

"Pre-tax income 2018"

558 GE HEALTHCARE S.A.

"Turnover change"

977

PANAIGIALEIOS ENOSI SYNETERISMON S.A.

Turnover 2019

Sorted by Turnover

652

Sector

Turnover 2018

Sorted by Profits

976

Company name

FOOD PRODUCTS

35.346.923

33.388.812

-6%

1.418.920

1.279.221

-10%

SCIENTIFIC & MEDICAL DEVICES

34.091.927

39.174.980

15%

1.361.545

1.278.694

-6%

978 2340 ANTHOULAKIS LTD.

TRANSPORT COMPANIES

7.123.886

7.590.237

7%

1.282.404

1.278.532

0%

979

248 ARGO HELLENIC FUEL CO. S.A.

PETROLEUM PRODUCTS

89.824.164

89.577.916

0%

330.207

1.278.284

287%

980

527

PHARMACEUTICALS COSMETICS

52.397.365

41.193.691

-21%

1.513.229

1.277.940

-16%

FOOD TRADE

12.092.352

12.297.175

2%

1.316.506

1.269.951

-4%

1.267.000

26%

GILEAD SCIENCES HELLAS SOLE SHAREHOLDER CO.LTD.

981 1557 PEGASUS S.A. 982 4815

BATHICHORI ENA FOTOVOLTAIKH S.A

ENERGY

2.456.000

2.617.000

7%

1.007.000

983 3150

ARTION - SOULAKOS GRAPHIC ART S.A.

PUBLICATIONS PRINTING

4.297.139

5.094.389

19%

34.711

984

403

S.A.RANTIS G. PHARMACEUTICALS S.A.

PHARMACEUTICALS COSMETICS

51.318.259

53.799.175

5%

1.291.933

1.262.352

-2%

985

941 SEITANIDIS P. S.A.

ELECTRICAL APPLIANCES

21.064.498

22.010.056

4%

1.050.872

1.261.531

20%

1.262.947 3538%

986 2390 MANOSPACK S.A.

PAPER

7.536.353

7.424.794

-1%

380.025

1.259.513

231%

987 2465 FOREL S.A.

CLOTHING - FOOTWEAR

6.789.061

7.105.857

5%

1.052.357

1.259.013

20%

988 1160 ANATRON S.A.

FOOD PRODUCTS

15.916.797

17.326.297

9%

522.347

1.256.584

141%

989 2922 C. ZONAS S.A.

MACHINERY

5.785.842

5.671.338

-2%

1.178.179

1.253.011

6%

990 1467 THERIANOS BROS S.A.

MISCELLANEOUS PRODUCTS

12.961.381

13.313.953

3%

798.942

1.252.956

57%

BEVERAGES - SPIRITS

19.058.708

19.668.128

3%

1.155.262

1.252.889

8%

992 1324 PHAETHON S.A.

FOOD PRODUCTS

13.721.143

14.880.549

8%

605.124

1.250.883

107%

993 1653 STEFANIDIS BROS S.A.

FOOD TRADE

10.618.756

11.521.058

8%

752.941

1.250.526

66%

994 3704 SIGMA & KAPA S.A.

ELECTRICAL SUPPLIES

3.455.624

4.006.628

16%

959.529

1.247.000

30%

995 1240 STAGAKI M. I. S.A.

NON-METALLIC MINERALS

12.272.066

16.141.566

32%

596.055

1.245.771

109%

991 1047

DISTILLERY - WINERY OF THRACE S.A.

996 3804 PARGA BEACH S.A.

HOTELS

3.009.735

3.847.493

28%

1.075.448

1.245.690

16%

997 2765 OLIVES SITHONIAS S.A.

FOOD PRODUCTS

4.617.845

6.095.885

32%

1.449.672

1.244.307

-14%

998 1480 KALAVRYTA HELMOS S.A.

FOOD PRODUCTS

11.582.532

13.185.753

14%

1.208.346

1.244.186

3%

999

642 ARKHON PANEL S.A.

MISCELLANEOUS PRODUCTS

28.009.432

33.836.649

21%

869.984

1.243.689

43%

1000

960 HYDROMARIN S.A.

HYGIENE AIR CONDITIONING

18.623.918

21.572.222

16%

907.059

1.243.373

37%

DIAMONDS 2021

147



Helping Farmers. Fighting climate change. Helping Farmers. Fighting climate change.

Our new Helping Farmers. Good climate Growth Plan Fighting change. commitments and targets for 2025 Agriculture is responsible for 12% of all greenhouse gas emissions worldwide. Farmers are struggling with the effects of climate change today. It’s time for action. Syngenta Group is committing to help farming radically reduce its net emissions, working with our customers and partners to develop and deploy new technologies that will reduce agriculture’s carbon footprint, while enhancing biodiversity and the prosperity of farming communities around the world. This is our new Good Growth Plan.

www.syngenta.gr Follow us:   @syngentahellas

#goodgrowthplan


DIAMONDS of the Greek Economy 2021

SUPERMARKETS Commercial

SKLAVENITIS Group

499 Stores, more than 31,200 Employees

136, Kifissou Av., 121 31 Peristeri, Athens, Greece Tel.: +30 214 1009999 Fax: +30 214 1009998 Website: www.sklavenitis.gr

150

DIAMONDS 2021


SKLAVENITIS, a Greek Group of Companies with more than 60 years of experience in the retail market, is the largest retail business in Greece.

Today, the SKLAVENITIS Company operates: ● 429 SKLAVENITIS Stores in Greece and 18 Stores in Cyprus ● 6 Distribution Centers (for Dry Grocery, Fruit and Vegetables, Furniture, Household Equipment, Clothing and Footwear) ● 1 Production Center for Ready Meals ● 1 Production Center for Ice Cream ● 1 Processing and Packaging Center for Nuts, Dry Fruit and Spices ● 1 Processing Center for Meat

Additionally, the Group operates: ● 39 Chalkiadakis Stores in Crete ● 13 The Mart wholesale Stores in 9 large Greek cities Approximately 31,000 employees serve more than 500,000 Customers daily.

lower than anywhere else and friendly Customer Service. SKLAVENITIS keeps on growing based on their respect to the Customer. Their Vision is to be a role model in the Supermarket sector, to be the best Supermarket chain, to be the best in all their activities.

Since 1954, the SKLAVENITIS Company consistently applies the same three-fold commercial strategy: excellent-quality products, prices

DIAMONDS 2021

151


DIAMONDS of the Greek Economy 2021

TELECOMMUNICATIONS Commercial Revenues 2020: 3,258.9 € Adjusted EBITDA 2020: 1,223.6 €

OTE GROUP

Greece’s technology powerhouse Michael Tsamaz, OTE Group Chairman and CEO

99 Kifissias Ave., 15124, Maroussi, Athens, Greece Tel.: +30 210 6111000 Website: www.cosmote.gr

152

DIAMONDS 2021

OTE Group is the largest technology company in Greece. It is one of the top three listed companies with respect to capitalization, in the Athens Stock Exchange and is also listed in the London Stock Exchange. Deutsche Telekom holds 47.9% of OTE’s share capital and the Greek State holds 5.7%. OTE Group employs approximately 11,500 people in Greece and approximately 16,000 people in total. OTE Group offers a wide range of services: fixed and mobile telephony, broadband services, pay television and integrated ICT solutions. In addition to its core telecommunications activities, the Group in Greece is also involved in maritime communications and real-estate. Abroad, the Group operates in the telecommunications market of Romania. COSMOTE is the unified commercial brand for all the products and services of the Group and its key message is “a better world, for all”. Its mission is to bring technological capabilities to all, so that everyone can live and enjoy at the fullest all possibilities of-

fered now, while also building on them for a better tomorrow. Telecommunications infrastructure OTE Group invests heavily in New Generation Networks, creating infrastructure which will boost the Greek economy and create growth potential. It is the largest investor in new technologies and infrastructure in Greece, having invested approximately €5 bn. over the past decade. Furthermore, the Group implements a four-year €2 bn. investment plan to offer even higher speeds and wider coverage in fixed and mobile telephony. Thanks to these investments, COSMOTE Fiber is the largest fiber optic network in Greece, providing over 50% of the country’s population with access to speeds of 100Mbps or higher. By the end of 2020, OTE Group had installed more than 77% of the country’s Fiber To The Home lines, accomplishing a very important goal: Providing access to more than 300.000 households and businesses with guaranteed internet speeds with 100% fib-


er optics. OTE Group’s goal is for FTTH coverage to reach gradually 550.000 by the end of 2021. In mobile telephony too, OTE Group breaks new ground by constantly developing its networks. COSMOTE’s mobile network is the largest in Greece, while it has won the Speedtest AwardsTM of the independent network metrics company, Ookla®, as “the fastest mobile network in Greece” for 8 consecutive times. It is by far the No1 in Greece in terms of 4G population coverage, reaching 99%, and 4G+ LTE Advanced technology network with population coverage reaching 96%. COSMOTE was the first to bring in Greece the internet of the future, 5G, as it was the first to launch 5th generation services commercially. COSMOTE 5G is available in Athens, Thessaloniki and other cities around Greece, while in some areas top speeds can already reach or even exceed 1 Gbps. COSMOTE 5G population coverage exceeds 50%. The network will continue to expand throughout the year into even more regions of Greece, aiming at nation-

wide population coverage exceeding 60% by late 2021. Financial Data For 2020, the Group announced turnover of €3,258.9 million decreased by just 1.3%. Adjusted EBITDA reached €1,223.6 million and the adjusted EBITDA margin further at 37.5%. The adjusted free cash flow increased by 38.5% at €655.9 million. The Group’s adjusted Net Debt decreased by 1.2%, which corresponds to € 1,034.0 billion. Sustainable growth OTE Group exploits the power of technology in order to create a better world for all. Sustainable growth is an integral part of the Group’s business strategy and the sustainable growth principles are in- Revenues tegrated into Adjusted EBITDA its operation, Adjusted Free through which Cash Flow it contributes Adjusted Net Debt to the econo-

my, the society and the environment. OTE Group’s performance in matters of environment, society and corporate governance (ESG) have contributed -among other things- to the participation of OTE in six international indicators of Social Responsible Investments: FTSE4Good, VIGEO-EIRIS Best Emerging Market Performers, “Prime” Corporate ESG Performance by ISS-ESG, MSCI ESG Research, CDP, and 2020 Bloomberg LP Gender-Equality Index (GEI). During the pandemic crisis, the total contribution of the Group - for the facilitation of customers, employees, the strengthening of the national health system and the support of the work of the State - exceeded €12 million. OTE GROUP 2020

2019

Change (%)

3,258.9

3,303.0

-1.3%

1,223.6

1,230.1

-0.5%

655.9

473.5

+38.5%

682.2

648.8

+5.1%

DIAMONDS 2021

153


DIAMONDS of the Greek Economy 2021

ELVALHALCOR

Aluminium and copper processing experts ElvalHalcor is a Greek-based leading global player in the non-ferrous metals industry. Over 80 years of history and experience, ElvalHalcor’s extrovert commercial presence globally, continuous innovation and constant investment in research and technology, along with a customer-focused philosophy, have led ElvalHalcor to the top of the global aluminium and copper market. ElvalHalcor currently holds a leading position in Europe in the copper tubes sector, while also having established its leading position within the global aluminium rolling industry. ElvalHalcor is listed on the Athens Stock Exchange (ELHA). ElvalHalcor is an export-driven company with 91% (2020 data) of its turnover, allocated to markets outside Greece. The Company has a strong production base across 15 industrial units in four countries, a market presence in 100 countries, and highly experienced and specialised personnel. ElvalHalcor is active in many dynamic, growing markets, including: ● ● ● ● ● ● ● ● ●

Packaging (food and beverages) Sea, road and rail transportation Automotive Heating, ventilation, air conditioning and refrigeration (HVAC&R) Building and construction Renewable energy Energy and power networks Water supply Industrial and engineering applications.

ElvalHalcor continuously invests in sustainable development, focus on environmental protection and climate change combat best practices, places special em-

info@elvalhalcor.com www.elvalhalcor.com

154

DIAMONDS 2021


phasis on the circular economy model and the transition to the green economy new era.

www.elvalhalcor.com Aluminium segment With state-of-the-art production facilities in Greece and a dynamic commercial presence across all key geographies, the aluminium segment is well positioned in the global metals industry. The aluminium segment comprises of the aluminium rolling division, under the Elval brand name, and aluminium processing subsidiaries Symetal, Elval Colour, Vepal, Anoxal and Viomal. ElvalHalcor and its subsidiaries offer a wide variety of aluminium products and solutions, including coils, strips, sheets and foil for various applications and architectural and industrial profiles.

Aluminium rolling division - Elval A worldwide leading aluminium rolling mill. Through continuous investment in R&D&I and an established global commercial network, Elval offers reliable, innovative and competitive solutions that meet the most demanding requirements of global customers. Elval processes, manufactures and markets flat rolled aluminium products and solutions for diverse and demanding applications. Elval offers sustainable solutions and aluminium products in dynamically developing markets such as packaging (food and beverages), sea, road and rail transportation, building and construction, heating, cooling and air conditioning (HVAC&R) and Renewable Energy Resources (RES). Elval’s aluminium rolling production plant is certified as per ISO 9001:2015, IATF 16949:2016, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018 and Aluminium Stewardship Initiative (ASI) Performance Standard.

Copper segment ElvalHalcor produces a wide range of copper, brass and high performance copper alloys through its copper tubes division (Halcor), and its subsidiaries Fitco (Greece), Sofia Med (Bugaria), Epirus Metalworks (Greece), Cablel Wires (Greece) and the joint ventures NedZink (the Netherlands) and HC Isitma (Turkey). ElvalHalcor provides a wide range of copper and copper alloy products, ranging from copper tubes for building and HVAC&R, renewable energy, architectural and industrial applications, to copper and copper alloy sheets and strips for architectural and ventilation, heat exchangers, solar panels and other industrial applications, as well as all types of coin blanks and rings for bi-colour coin blanks and a wide range of enamelled winding wires.

Copper tubes division - Halcor Halcor is a leader in the European copper tubes market. Halcor is the sole copper tubes producer in Greece and one of the largest in Europe, and has a dynamic commercial presence across European and global markets. Halcor’s products are available in more than 60 countries around the world. Halcor offers innovative and high value-added copper tubes and solutions for markets such as building and architectural applications, HVAC&R, renewable energy (RES), engineering and industrial production. It has two state-of-the-art and technologically advanced production plants at Oinofyta, Greece, characterised by their ability to deliver tailor-made product solutions. Halcor’s production plants are with the international standards ISO 9001:2015, ISO 14001:2015, ΟHSAS:18001:2007, and ISO 50001:2018.

www.halcor.com

www.elval.com

DIAMONDS 2021

155


DIAMONDS of the Greek Economy 2021

INSURANCE Services

Ethniki, Hellenic General Insurance Co. S.A.

A leading force in the insurance sector for 130 years

Stavros Konstantas, C.E.O οf Ethniki Insurance Company

Established in 1891, “The Ethniki Hellenic General Insurance Co. S.A.” is the oldest insurance company in Greece with a leading position in the country’s Insurance industry. The Company’s name has become synonymous to real assurance and incorporates the timeless values of reliability, ethos, safety, trust and respect. Ethniki Insurance constantly improves its infrastructure to provide quality services, pays claims to insured members of more than €1 million per day and has over 1,000,000 policyholders. The Company has a customer-oriented philosophy, with continuous measurement of customer satisfaction, research and development of services and new products. In addition, it supports Education, Arts, Culture and the Environment by contributing to local initiatives. Ethniki Insurance always stands by its policyholders, covering every need, with modernized structures and dynamic sales networks of 132 Line offices, staffed by 1,648 insurance consultants and 1,299 co-operating Broker offices across Greece.

“The Ethniki” 2020 and Q1 2021 financial results

103-105 Syngrou Ave., 11745, Athens, Greece Tel.: +30 2130 318189 Fax: +30 210 9099111 Website: www.ethniki-asfalistiki.gr

156

DIAMONDS 2021

Ethniki Insurance extended its profitable course in 2020, with pre-tax earnings 85,7 million Euros. During 2020, total production reached 669 million Euros in total written premiums. More recent results showed an increase of the Company’s production in the 1st quarter of 2021, by 6,3% compared to the same period of 2020 reaching 185,4 million Euros. The pretax profits of Q1 2021 reached the level of 44 million Euros. The Company’s firm commitment to further improvement of Capital adequacy has resulted in exceeding the Solven-

cy II Ratio threshold, without the use of the transitional measure for technical provisions, with the corresponding SII Ratio now rising to 132% at 31.12.2020. With the use of transitional measures and volatility adjustment, the Solvency II Ratio at 31.12.2020 stood at 172%. While remaining loyal to its values and its people-centered approach, Ethniki Insurance is continually improving its infrastructure, aiming at the creation of innovative insurance programs and the provision of enhanced services which are constantly improving and being modernized, in order to meet current increasing demands of its policyholders. During 2020, Ethniki Insurance carried out over 50 actions supporting vulnerable social groups. Specifically the Company: • Supported social organizations and institutions, and “stood discreetly” by the community. • Implemented actions that steadily promote the Arts, History and Culture through the management and operation of “Korai 4, Memorial Site 1941-44”, as well as “Stoart KORAI” Art Place. • Supported events, training days and conferences organized by chambers and institutions of the private Insurance sector. • Supported Greek athletes for the promotion of the athletic spirit and fair play. • Reinforced institutions and organizations in the field of Education and Science and actions that promote environmental awareness. • Contributed to the struggle of both, the Public Health and Education sectors, so as to meet the unprecedented demands and conditions created by the COVID-19 pandemic.



DIAMONDS of the Greek Economy 2021

SUPERMARKETS Commercial Turnover 2020: 882,466,000 €

Diamantis Masoutis S.A.

Operating 333 stores across Greece The story of DIAMANTIS MASOUTIS S.A. started in 1976, when Diamantis Masoutis established the first company store in the heart of Thessaloniki. In 2018 Masoutis expanded to Attica and Andros, carrying out the biggest buyout in its history. The expansion helped the company reinforce its capacity throughout Greece, where it was already one of the most important forces, as the market leader in Northern Greece. The firm, operating a network of 333 stores, covers all the prefectures of Makedonia, Thrace, Thessaly, Epirus, Fthiotida, Thesprotia, Aitoloakarnania, Attiki as well as the islands of Limnos, Lesvos, Chios and Andros. The company employs a staff of more than 9,000. Following many years major investment in IT and Communications, the company has created infrastructure that guarantees high availability, business continuity, data security, data validity, and a high level of security. The company’s innovation has been based on complete knowledge of business needs, excellent knowledge of

14th Km Thessaloniki-Vasilikon Rd, 57001, Thermi, Thessaloniki, Greece Tel: +30 2310 803 803 Fax: +30 2310 803 804 E-mail: info@masoutis.gr Website: http://www.masoutis.gr

158

DIAMONDS 2021

new technologies, comprehensive manresponsibility activity, having invested agement support, and daring. over the last 5 years approximately 2.5 Masoutis has one of the largest and million Euros in this sector, implementing most modern Storage and Distribution important programmes, such as “TogethCentres in Greece and the broader Balkan er, wherever there is need”, which is imregion, located in Kavalari, Thessaloniki, plemented together with “Apostoli” charias well as a storage facility in Markopoulo, ty organisation, run by the Archdiocese of Attica, offering high-quality storage, disAthens. tribution, and quality assurance services. Since 2012, Masoutis has been featured The firm applies an integrated internal in the list of the top 10 companies with and external Corporate Social Responsibilthe best work environments in Greece, ity strategy. The internal strategy concerns at the Great Place to Work awards, while the staff and the external strategy concerns since 2013 it has also stood out at similar society, the environment and the product. awards in Europe. Enjoying continuous growth, the comA Masoutis staff Blood Bank has been pany is creating new jobs, in turn supoperating since 1993 at Ippokrateio Genporting the economy, local communities eral Hospital in Thessaloniki. Two blood and producers. The number of employees donations are held every year at company increases each year, even in recent times facilities. when the financial crisis affected all secThe company organises and particitors of the economic and social life of propates in many actions for charities and fessionals and consumers. the environment, offering help to many In addition, when the pandemic first vulnerable social groups. struck, the Masoutis company implementMasoutis supports local producers and ed to the fullest extent the health protocols Greek products, as up to 97% of the comof EODY, in combination with the constant pany’s private label products, “Mr Grand”, epidemiological vigilance and prevention, “Masoutis from our land”, “Masoutis Oras it is reflected in the H&W CERT standard ganic Choices”, and “First Class”, are proof Swiss Approval, regarding the health & duced in Greece. safety of their AtDiamantis Masoutis S.A. tendees, Diners, Staff and Sup2019 2020 Change (%) pliers, according 829,817,000€ 882,466,000€ 6,3 to the require- Turnover ments. Gross Profit 198,134,000€ 217,294,000€ 9,7 The company 98,072,000€ 101,000,000€ 3,0 has a very in- Total Equity tense corporate Liabilities 540,765,000€ 570,859,000€ 5,6



DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS

BOEHRINGER INGELHEIM

Industrial

Innovation in medicines - leadership in exports

Dimitrios Anagnostakis, President & CEO

Headquarters: 340 Syngrou Ave., 167 77 Kallithea, Attica, Greece Tel.: +30 210 8906.300 Fax: +30 210 8983.207 Production facility: 5th km Paiania-Markopoulo Highway, 194 00 Koropi, Attica, Greece Tel.: +30 210 6623.901 Fax: +30 210 6623.905 Website: www.boehringer-ingelheim.gr E-mail: info.gr@boehringer-ingelheim.com

160

DIAMONDS 2021

Pharmaceutical Boehringer Ingelheim was established in 1885 and is now among the world’s top 20 pharmaceutical companies. The company has recently been named one of the world’s top 100 innovative companies of all industrial sectors. In Greece, the firm was founded in 1966 and is considered a market leader, among the country’s top 10 pharmaceutical companies, while it has been awarded several times both in Greece and abroad for its successful launches of innovative products including respiratory, cardiovascular, pain management, and recently diabetes, oncology and rare diseases. Boehringer Ingelheim Hellas is also considered to be an innovation leader as it participates actively in the parent company’s international clinical research program. Among various awards, Boehringer received the Prix Galien award 2019, for its innovation in the field of rare diseases. Boehringer is the only subsidiary of a multinational company in Greece that has been posting growing sales in recent years, amidst adverse conditions in the domestic market, helped primarily by its strong exports. Notably, the firm posted a high level of 2019 Total sales of €576.3m, mainly as a result of high exports which jumped to €498,5m, showing a spectacular 93.5% increase against 2018. The company owns its production facility in Koropi, Attica, established in 1975 setting new standards in the country’s industrial sector. Today, Boehringer is the only multinational pharmaceutical company that maintains its industrial production facility in Greece, supplying not only the Greek market but also the markets of more than 70 countries. Its export activity is of particular impor-

tance not only to the firm itself, but also to the country’s economy, as it accounts for over 2.2% of total Greek exports, establishing Boehringer Ingelheim Hellas as a production and exports leader. Its parent company recently entrusted Boehringer Ingelheim Hellas to transform its plant into a hub for the production of innovative antidiabetic drugs at the Greek plant, aimed at covering a large part of its international production, which is a ‘first’ in the company’s history. For this purpose, significant investments were made in order to expand the plant. Boehringer invested in total €80m during Greece’s crisis years in order to transform the plant into a hub. For this major investment, Boehringer Ingelheim received in 2019 the Prix Galien distinction for the most significant investment in the pharmaceutical industry. Such actions and investments in production and export activity by Boehringer Ingelheim Hellas - with exports being its strong asset, stand proof of the confidence shown by the German multinational and its intention not only to upgrade its Greek subsidiary, but also to support and boost Greek exports. Boehringer’s initiatives for Greece’s economy are summarized in the triptych: “We Invest, We Grow, We Support.” Boehringer Ingelheim has invested in Greece during the period of financial crisis some €100m, proving its sustainability profile. Last but not least, the firm’s human resources, numbering 545 people, comprise leading scientists and sector professionals with the required skills, education and experience to implement its objectives and promote its vision: “Value through Innovation”.



DIAMONDS of the Greek Economy 2021

APPLIANCES Commercial Turnover 2019: 546,868,455 € Profit Before Taxes 2019: 18,299,581 €

DIXONS DSGI SOUTH-EAST EUROPE S.A.

Kotsovolos: Making Technology accessible to everyone, overtaking any obstacle

92, Marinou Antypa Str., Neo Irakleio , 141 21 Tel.: +30 210 289 9999

162

DIAMONDS 2021

Since the pandemic started and covid-19 started spreading around the world, humankind has faced a constant challenge to our survival. Greek society is also suffering due to the virus’ impact and the difficulties caused by it. Customer needs during the lockdown upsized rapidly and demand increased all over the country. Electrical devices, and athletic apparel and equipment were two of the main categories of goods that people started purchasing online. Kotsolvolos, the leader in electrical device trade, quickly realized this and reacted immediately to cover all needs. Equipped with strength, vision, and passion, and focused on a very special mission of supporting society, Kotsovolos did not just upgrade its systems in order to proactively respond to all customer orders; it also established new projects. ‘Technology Without Obstacles’ is a very powerful initiative, that Kotsovolos implemented during the pandemic. Life, as we all witnessed, is full of surprises and challenges. Technology is a medium which can help everyone with their daily life and make


things easier and simpler. Kotsovolos, once again understood that technology – especially during the lockdown when access to the market was exclusively digital – wasn’t accessible by everyone, and immediately decided to do something about it, and made it its mission to provide technology to everyone, overcoming any obstacle. For the first time in the Greek market, Kotsovolos’ website provided the option of being assisted by a team member in sign language. Both digitally and in physical stores, actions have been taken to achieve the goal of technology accessible by everyone, with no limits and no obstacles along the way. Kotsovolos will lead the way forward, for everyone.

DIXONS DSGI SOUTH-EAST EUROPE S.A. 2018 Turnover

2019

531,452,851 € 546,868,455 €

Profit Before Taxes 16,671,632 €

Change (%) 2.9

18,299,581 €

9.8

Gross Profit

114,142,533 € 119,083,744 €

4.3

Total Equity

61,319,557 €

70,123,082 €

14.4

Liabilities

210,829,937 € 269,597,291 €

27.9

DIAMONDS 2021

163


DIAMONDS of the Greek Economy 2021

HELLENIC CABLES

A leading European producer of reliable and competitive cable solutions

info@hellenic-cables.com www.hellenic-cables.com

164

DIAMONDS 2021

Hellenic Cables is the cables segment of Cenergy Holdings, a holding company listed on Euronext Brussels and Athens Stock Exchange. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for various industries, including offshore wind and utilities, as well as undertaking turnkey power transmission and distribution projects. Hellenic Cables operates a submarine cables plant in Corinth, Greece, where the production and testing of some of the longest submarine cable lengths without factory joints on a worldwide basis is empowered by the Company’s state-ofthe-art facilities and equipment. Tracing its roots in the early 1950s, Hellenic Cables today operates three cable plants in Greece and Romania, to produce a wide range of land and submarine cables as well as supporting facilities for R&D, production of compounds and wooden packaging. Hellenic Cables is an approved supplier of major international utilities, network operators and distributors. With a strong international orientation, the Company exports to more than 45 countries worldwide. Focusing on the development of value-added products and solutions, such as high and extra-high voltage land and submarine cables, the Company makes significant investments towards enriching its product portfolio and enhancing


its sustainability profile. Hellenic Cables recently implemented a EUR 180 million investment plan to produce high and extra high voltage submarine cables at Corinth plant. Looking ahead, additional investments in technology and innovative cable solutions are planned, as a way of contributing to the creation of a sustainable future for its stakeholders. Hellenic Cables offers a wide range of integrated cabling solutions, including design, manufacturing, planning, project management and installation. In-house R&D and testing facilities guarantee continuous product development and innovation. Turnkey cable system solutions Hellenic Cables offers full cable system solutions that meet specific demands of its customers. The Company provides a complete package of services including: ● System design and engineering ● Cable route survey ● Design and manufacture of specified underground and submarine cable types

● Loading and transportation of cables to the project site ● Installation with the use of specialized cable laying vessels (for submarine cables) ● Protection of cables along the cable route. Commitment to quality and sustainable development has been a key factor enabling Hellenic Cables establish a strong market position internationally while constantly improve its offering to respond to changes in customer needs around the world with reliable, safe products, based on environmentally friendly technologies. At the same time, Hellenic Cables places strong emphasis on the development of its people and the creation of value for its shareholders, partners and the communities in which it operates. All Hellenic Cables production facilities are certified with International Standards, ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, ISO 22301:2012 and ISO 27001:2013. Cables are supplied to a variety of international standards, such as IEC, VDE, HD, CIGRE, UNE, PNE, CEI, NF, SANS, BS, UL, ICEA, ASTM, DIN and ELOT.

DIAMONDS 2021

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DIAMONDS of the Greek Economy 2021

CORINTH PIPEWORKS

CORINTH PIPEWORKS

Industrial

A leading steel pipe supplier of the global energy industry Corinth Pipeworks is one of the world’s leading manufacturers of steel pipes and hollow sections for the energy and construction sectors. With a successful course and experience of more than half a century, it has implemented very demanding projects with leading energy companies worldwide. Corinth Pipeworks is a subsidiary of Cenergy Holdings SA. The Cenergy Holdings portfolio consists of companies positioned at the forefront of high growth sectors, such as energy, telecommunications and construction with a strong financial position, a track record of success and a promising future. The company offers reliable and technically sophisticated energy and construction solutions to demanding customers worldwide. The Company offers one of the widest product ranges in the industry, as well as top-quality tailor-made solutions to demanding projects, offering -in one location- all welded pipe manufacturing methods and pipe coating operations required for the supply of a complete on/offshore pipeline package. Corinth Pipeworks’ three main product categories are: • Line pipes - manufactured at either the high frequency induction welding unit (‘HFW’), the helically submerged arc welding unit (‘HSAW’), or the longitudinal submerged arc welding unit (‘LSAW/JCOE’); • Casing pipes - used in gas and liquid fuel extraction drills; • Hollow structural sections - used in the construction sector.

info@cpw.gr www.cpw.gr

166

DIAMONDS 2021

The technological solutions provided by our products focus on the main pillars of energy transition like: • Gas Fuel: As the main transitional fuel towards clean energy Corinth Pipeworks, focuses on gas transmission projects at a rate of more than 90% of its activity in the energy sector. • Hydrogen: which is considered the cleanest fuel of the future. The Company, in collaboration with in-


ternational companies and laboratories, is a pioneer in the research and development of solutions for the certification of steel pipes for the safe transportation of hydrogen as a mixture with natural gas or in pure form • Carbon Capture and Storage (CCS) having already long experience in CO2 transmission pipelines with a total length of over 1,150 km we are ready to face any new challenge • Wind: Today, wind energy offers a technologically mature, economically competitive and environmentally friendly energy choice. Steel products are broadly used in this dynamically developing sector which fits our competencies and is

under study, fully in line with the company’s diversification strategy. Corinth Pipeworks is committed to making a positive contribution to the energy transition and to tackle climate change, through the development of innovative products and the reduction of the carbon footprint of our production activities. • Electricity from RES: Aim to fully cover our electricity needs directly from renewable sources. To this direction and until this option is available, we cover 100% of our electricity with the purchase of GOs (Guarantees of Origin). • Energy Efficiency: Use operational excellence practices cover a wide range

of best energy efficiency applications and was recognized through the Energy Mastering Awards 2019. In addition, the Company achieves reduction of carbon emissions and implements a certified Energy Management System, in accordance with the international standard ISO 50001:2018. • Circular Economy: Corinth Pipeworks has been launching actions to create a circular future by utilizing wastes or by-products and generate industrial value-added products. Corinth Pipeworks’ production facilities are certified with international standards, ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, ISO 50001:2018, ISO 14064-3:2006 and ISO 17025:2006.

DIAMONDS 2021

167


DIAMONDS of the Greek Economy 2021

SIDENOR, STOMANA INDUSTRY AND THEIR SUBSIDIARIES

The leading producer of steel products in Southeast Europe Sidenor Steel group is a leading producer of steel products in Southeastern Europe with more than 55 years of manufacturing experience and expertise in steel production, processing distribution and sales, with an extensive product portfolio including long, flat and downstream steel products. Sidenor Steel group operates 4 steel Mills using EAF production route with a total capacity of 3.600.000 TN/year of liquid steel and equivalent rolling capacity. It has 3 ports, 16 distribution points, 6 manufacturing plants in 4 countries (Greece, Bulgaria, North Macedonia and Cyprus). Sidenor Group is a global supplier, providing products and solutions to customers in more than 50 countries worldwide.

Product portfolio

info@sidenor.gr

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DIAMONDS 2021

The key features of the products of Sidenor Group are: ● outstanding quality; ● strict compliance to the applicable standards and regulations; ● innovative characteristics, providing customers and end users with added

value; and ● excellent customer service due to extensive sales and logistics network. The companies of Sidenor group offer a broad range of value added products and solutions for civil engineering constructions (including buildings, roadworks, metro stations, bridges, shopping malls and hydroelectric dam projects), mechanical engineering, shipbuilding, road and rail, the automotive industry, and mining and tunneling applications.

Sidenor Group’s product portfolio: SD integrated reinforcing system: The SD integrated concrete reinforcing system represents the approach of Sidenor Steel Industry when addressing significant demand for high ductility steel provided for increased construction quality. The system consists of SD concrete reinforcing steel, SD stirrup reinforcing mesh, Sidefit special mesh, SD wire mesh, Sidefor and Sidefor Plus prefabricated stirrup cages, Inomix steel fibres and lattice girders. Providing Environmental Product Declaration for the reinforcement steel products contributes to LEED v4 rating of projects.


Steel plates: Manufactured in accordance with the European or the American standards are intended for general construction applications, shipbuilding industry, pressure vessels’ manufacturing, coach works, pipes production, agricultural machinery, machinery components etc. The Hot Rolled Plates are exclusively produced by recycled ferrous scrap, providing solutions that reduce the environmental footprint and promote the Circular Economy. SBQ-Special Bar Quality steels: Hot- rolled round bars (diameter range: 22-120mm), peeled turned and polished round bars (diameter range: 30- 115mm) and quenched and tempered bars used in mechanical engineering, in the automotive industry, hydraulic components and in various other industrial applications. Wire rod: Wire rod of S.A.E 1008, 1010 grades in cross section range from Ø5.5 to Ø16.0, suitable for drawing applications and for mesh production. RSt37-2 grade for welding electrodes quality. Merchant bars: Sidenor produces hot-rolled square bars, hot-rolled flat bars of rectangular

cross-section, hot-rolled round bars of circular cross-section, hot rolled equal angles with round edges, I-section beams (IPE), and UPN channels. Steel balls for grinding: Steel balls for grinding are produced in various sizes ranging from 60mm to 125mm in diameter. They are used for grinding in ore grinding mills in the mining industry. Balls with different hardness levels are produced targeting to increase productivity for a specific metal mining application. Boron flats: Hot-rolled boron flats are used mainly in the forklift industry for the production of the lifting forks. Boron flats are utilized where high strength, impact resistance, good bendability and weldability are required. Wire products: The wire products manufactured are: • Black soft and hard wires; • Common soft galvanised wires, semihard and heavily-galvanised wires under the trade names Syrgal, Syrgal Hard and Extragal, respectively; • Welded galvanised mesh in rolls and sheets under the trade names Peri-

net and Overnet, respectively; • Steel fibres for concrete reinforcement under the trade name Inomix (part of the SD Integrated Reinforcement System); • Double-twist hexagonal mesh (serasanetti) in rolls and gabions. Welding products: Sidenor group products cover a wide range of welding, hardfacing and cutting applications. The quality offered meets the strict requirements of the construction and shipbuilding sectors, raw materials and power industries, as well as the chemical and food industries. The product range includes various types of electrodes and welding wires suitable for non-alloyed and low-alloyed steels, fine-grained structural steels, hardfacing, heat-resistant steels, stainless and heat- resisting steels and also for cast iron and aluminium. In order to achieve the optimum balance between operational and commercial flexibility, and production effectiveness, Sidenor Group has adopted an operational structure focused on the following three areas: • Mini-mills; • Downstream operations for steel product processing; • Sales and distribution.

DIAMONDS 2021

169


DIAMONDS of the Greek Economy 2021

IT, OFFICE PRODUCTS & HOME APPLIANCES Commercial Turnover 2020: 346,505,000 € Profit Before Taxes 2020: 3,367,000 €

Plaisio Computers S.A.

Costas Gerardos, Vice President & CEO

The Greek pioneer in technology achieved highest sales growth, unhindered by the global pandemic

Plaisio Computers holds the first place in Technology & Office products and has been playing a leading role in the Greek market for over 50 years. Since 1969, the company has been constantly investing in the improvement of its channels, both physical and digital as it owns 24 stores located in major cities and Plaisio Computers S.A counts more than 120,000 2019 2020 Change (%) daily visits to the Turnover 309,623,000 € 346,505,000 € 11.9 website plaisio. gr. Furthermore, Profit Before Taxes 2,970,000 € 3,367,000 € 13.4 its B2B channel Gross Profit 62,141,000 € 63,111,000 € 1.6 is serving more 220,000 Total Equity 94,868,000 € 96,974,000 € 2.2 than b u s i n e sses, Liabilities 102,715,000 € 129,551,000 € 26.1 direct sales, etc., ensuring all consumers receive a unique, premium experience, as well as innovative and personalized services. Plaisio operates an HQ-AssemblyLogistics Center in Magoula, on the northwestern outskirts of Athens, in a Thesi Skliri, proprietary area of 22,500sqm, with an Magoula Attica 19018, Greece annual production capacity of 300,000 Tel: +30 210 5587000 computers, as well as the biggest Website: www.plaisio.gr technology stock in Greece. In the same area, Plaisio operates a 1,200-sqm store and its administration offices.

170

DIAMONDS 2021

Additionally, the company’s social media profiles (Facebook, Twitter, Pinterest, YouTube, Google+, Instagram) lead the competition with more than 1,500,000 followers. Key factors in Plaisio’s success include a brand building strategy (Turbo-X, Sentio, Q-Connect), a direct connection with international leaders in computer components, e.g. Intel & NVIDIA, a wide range of more than 22,000 products and competitive prices combined with cutting-edge technology. Also, the company offers customers a complete experience by providing excellent after sales and technical support services. During 2020, Plaisio: • Introduced white appliances in three more of its stores (in Alimos, Efkarpia & Chania) rounding up eight in total • Remodeled its stores to fit the new corporate identity • Acclaimed 30 awards and titles of distinction • “PlaisioBots” team, consisting of Plaisio-employers’ children, won gold medal at the International Robot Olympiad for youngsters • Created the first STEM Library in an Athenian public school


Χρόνια

Years Consistency - Continuity - Evolution


DIAMONDS of the Greek Economy 2021

CUSTOMER EXPERIENCE MANAGEMENT Commercial

Teleperformance Greece

A Leading Employer Welcomes the New Era of Business

El. Venizelou 330 (Thiseos), PC: 17675, Kallithea, Tel.: 210 9490500 Fax: 210 9403383 e-mail: greece@teleperformance.com website: www.teleperformance.com www.jobsteleperformance.com

172

DIAMONDS 2021

A multilingual, multiethnic global leader in customer experience management with over 40 years of history, Teleperformance Hellas is a company that counts more than three decades as a leading EMEA Multilingual Contact Center. With a high-performing talent pool, able to respond adequately to high complexity multi-shoring and multilingual client projects, TP Hellas makes each customer interaction simpler, faster, better, safer, and more cost-effective for its esteemed clientele. Nowadays, Teleperformance Hellas has grown into a massive company for the Greek standards, counting more than 10.000 employees from 109 countries, native to 40 languages and divided into 9 different Multilingual Hubs (Athens, Thessaloniki, and Crete). The company supports major multinational Clients in the Automotive, Business Services, Consumer Electronics, Energy, Fast Moving Consumer Goods, Gaming, Financial, Healthcare, Insurance, Media & Entertainment, Retail and e-Retail, Technology, Telecommunications, Trans-

portation, and Travel arena. Although one would think the digital transformation of such a big company would take much time, during the global pandemic, Teleperformance Hellas managed to transfer its functions to an innovative digital environment in a little over 4 weeks, ensuring the safety of its employees while maintaining the highest of standards in its services. Teleperformance Hellas’ Digital Integrated Business Services combine human touch and high technology to deliver extraordinary customer experiences that fully justify its core values. As a purely human-centered company, Teleperformance Hellas uses innovative technology to design new and agile ways of working. Its interaction experts create unique connections through empathy, adaptive communication skills, and, more importantly, a passion for making it happen. The TP Cloud Campus is the brightest example of the above, breaking down borders and making work anywhere in the world an easy feat. The company’s lean and agile work methods that lead to an impres-


sive digital transformation put robotics, automation, AI, cloud, and data analytics technologies to work, building a smoother work experience for both the company’s people and the clients. This is how they can map out exclusive “customer journeys” that value the needs and wants of each individual. At the core of Teleperformance Hellas lies the belief that its differences make the company even stronger. That is why the leaders and employees come from different backgrounds and work effectively on projects for several global regions. Their knowledge and diverse experiences come together to make a difference for all the company’s stakeholders — clients, employees, investors, and communities worldwide. As such, the company stands at the forefront of diversity and inclusion, offering equal opportunities to everyone regardless of ethnicity, race, gender, or even disability. For example, Teleperformance Hellas has

made a strategic priority to promote and achieve gender equality, and so, through a global initiative called TP Women, 52.5% of its employees are now female. Furthermore, through initiatives like the well-being platform Passion4U, virtual team building events, and -of course- the TP Radio, its people are encouraged to value life, invest time in self-care and come back to work even more passionate than before. This people-first approach seeps out into the local communities where team members work hard to make the world a better place, whether through volunteering their time to help others or making contributions to aid underprivileged children. The leading position of Teleperformance Hellas comes with great responsibility. However, the human-centered nature ensures that with every step they take towards a more inclusive, green, and compassionate future, the company’s power grows.

DIAMONDS 2021

173


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS

VIANEX S.A.

Industrial Turnover 2019: 255,100,384 € Profit Before Taxes 2019: 4,265,328 €

Strong foundations and accelerating course in the Greek pharmaceutical industry The strong foundations laid by the Giannakopoulos family with founder Paul Giannacopoulos, as well as the dynamic business acumen of Dimitris Giannakopoulos, have placed VIANEX SA. at the top of the Greek pharmaceutical industry. With almost a hundred years of dynamic domestic presence and four state-of-the-art factories, VIANEX holds a leading position in the production, marketing, export and distribution of pharmaceuticals in all therapeutic classes, having established strong ties with the Greek medical and pharmaceutical commu-

Dimitris P. Giannakopoulos, President of BoD & CEO, VIANEX S.A.

Tatoiou Street, 18th km Athens-Lamia National Road Nea Erythrea, 146 71, Greece Tel.: +30 210 8009111-120 Fax: +30 210 8071573 Email: mailbox@vianex.gr Website: http://www.vianex.gr/

174

DIAMONDS 2021

nity, but also with the global pharmaceutical industry. VIANEX’s high-quality products and services have been trusted over time by large multinational pharmaceutical companies, establishing long-term cooperation agreements. The export sector stands as a strategic pillar for the company, constantly expanding, leading to the company’s presence in more than 70 countries worldwide. VIANEX S.A. employs over 1,200 people, mostly highly skilled scientific personnel, while the company steadily invests in staff education and training.


History Giannakopoulos family became involved in the field of medicine in 1924, through a central Athens pharmacy (on Piraeus St.). A decisive milestone in the company’s development was in 1960, when Paul Giannacopoulos founded PHARMAGIAN, which in 1971 became a public limited company and was renamed to VIANEX SA. The company’s industrial activity begins in 1977, with the operation of its first factory. By 1999, VIANEX had acquired a total four state-of-the-art factories in Attica and Achaia, with the central offices and distribution center for final products based in Varybombi (Attica). Subsidiary VIAN SA was formed in 1995, to take care of the handling and marketing of non-prescription medicinal products (OTC), dietary supplements, diagnostic and parapharmaceutical products. Another important step in the firm’s history has been the acquisition of FARMANEL in the summer of 2019, thus entering in the generic medicinal products category.

Investments in Research & Development and in facilities The company’s strategic objective for continued progress on both national and international levels is innovation-driven competitiveness. The R&D department coordinates the work of experienced and specialized scientists operating within VIANEX’s laboratories and plants. Equipped with cutting-edge technology, the R&D Labs specialize in various fields related to the object of the factory in which they are housed. At the same time, the company supports the great research potential of Greek universities and research centers through active participation in innovative projects and potential collaborations. Another significant investment occurred in 2020, with the creation of a new Research and Development Department in the Industrial area of Patras. This investment was a direct and natural consequence of the rapid growth of pharmaceutical products, but also of the high market demands for innovative and safe pharmaceuticals.

DIAMONDS 2021

175


DIAMONDS of the Greek Economy 2021

Turnover 2019:

Profit Before Taxes 2019:

VIANEX also invests for the upgrade and modernization of its facilities, launching a € 40 million project in 2020 for the further enhancement of its First factory. International presence Guided by an extrovert business strategy, VIANEX continues its steady upward course in the domestic and international market, with a decade-long presence abroad and a continuous expansion and development of its export activity to new markets. The company has placed special emphasis on the exports department, maximizing its efficiency. For 2020, exports reached 20% of the company’s total sales: they amounted to 57.45 million euros. With exports to more than 70 countries and a dynamic presence through multiple partners and networks in the majority of European countries, the Group is systematically conquering more and more markets. In 2020, VIANEX has entered the Chinese market, while efforts and

176

DIAMONDS 2021

procedures are enhanced to enter US, CIS and South Asian markets. New deals - Growth VIANEX continues to expand its product portfolio strengthening its position in the Greek market, by establishing new partnerships. Major international pharmaceutical companies have long pledged their allegiance to VIANEX and VIAN, a subsidiary of the Giannakopoulos Group, entrusting them for the production, representation and marketing of their products. In addition to the numerous long-term collaborations with international pharmaceutical companies, in 2019, VIANEX Group acquired the company PHARMANEL SA, strengthening its presence in the generic pharmaceutical market. Corporate Social Responsibility VIANEX has been firmly by the side of society with responsibility, respect and practical contribution through various programs, actions and initia-

tives. The concept of “responsibility” is a cornerstone of the philosophy and course of the company. The concept of corporate governance governs VIANEX’s day-to-day operations, observing legislation, regulatory arrangements and international best practices and standards. The main concern is product quality and safety. At the same time, VIANEX considers its staff as its most valuable asset, and hence, it invests in human resources with the aim of maximizing efficiency and organization, and the services it provides. In collaboration with engineers, scholars and specialized scientists, the firm gradually designs and implements systems, processes and investments based on modern technological and scientific developments. Thus, the effects on the environment are minimized, there is a saving in resources, and the energy footprint is reduced. VIANEX is an Ambassador for Sustainable Development and a member of many organizations promoting Sus-


tainability and Responsible Entrepreneurship. VIANEX actively supports a variety of programs, activities and actions that have a positive impact on society. The company is always alert, standing by people and groups in need and taking immediate action when help and support are necessary. During the pandemic, the company immediately supported the National Healthcare System with the provision of medical equipment and other medical supplies, while maintaining the seamless pharmaceutical supply of the market. Additionally, in special initiative by Mr. Dimitris P. Giannakopoulos, President of BoD & CEO of VIANEX Group, the Health Care Center of the border island Kastellorizo was upgraded in full, thus offering the local populations a broader safety net. “At VIANEX we believe that only when you look around, you can see the future, and with this in mind, we always aim at the positive impact of our initiatives, with our every action being inextricably linked to society, people, the environment and culture”, notes Mr. Dimitris P. Giannakopoulos, President of BoD & CEO of VIANEX Group. VIANEX S.A

VE-21223

2018 Turnover Profit Before Taxes

2019

Change (%)

241,550,382 € 255,100,384 €

5.6

3,072,265 €

4,265,328 €

38.8

-

-

-

Total Equity

29,702,742 €

31,702,827 €

6.7

Liabilities

142,712,397 € 162,661,016 €

14.0

Gross Profit

DIAMONDS 2021

177


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Industrial

Pharmathen

Cutting-edge innovation and strong extroversion Pharmathen is a private pharmaceutical company founded in 1969. The company focuses on developing new pharmaceutical technologies as well as innovative and generic health care products. With a long history of development and manufacturing, Pharmathen is one of the leading inhouse development partners based in Europe, having established strong strategic partnerships and alliances with more than 250 pharmaceutical companies worldwide.

6 Dervenakion Str., 153 51 Pallini Attica, Greece T: +30 210 66 04 300 F: +30 210 66 66 749 Email: info@pharmathen.com Website: www.pharmathen.com

https://www.facebook.com/Pharmathen/

https://www.linkedin.com/ company/pharmathen/

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DIAMONDS 2021

The company has achieved significant milestones through a track of immaculate performance, always upholding the highest ethical and operational standards and in compliance with global regulatory authorities. Pharmathen’s presence is global and it operates in the 5 continents; with offices in the Netherlands (headquarters), UK, Jordan, Portugal, Greece, Canada and Australia, the company covers Europe, Middle East and North Africa, Asia Pacific, the United States and Latin America and provides excellent services to all major pharmaceutical companies in order to attain the highest possible market penetration of its pipeline in international markets. Pharmathen’s core business is the development of advanced pharmaceutical technologies, such as Long-Acting Injectables, complex generic products, as well as the out-licensing of their marketing rights to multinationals and local pharmaceutical brands. Strongly dedicated to its vision and strategic planning, Pharmathen has emerged as one of the largest independent generic development companies in Europe. Building on a portfolio of over 100 products, today Pharmathen is working on one of the most extensive and advanced pipelines in Long Acting Injectables, Sustained Release formulations and Preservative Free Ophthalmics, produced in its FDA and EU approved facili-

ties. With a pipeline of approximately ten generic molecules a year and vigorous export activities in over 100 countries, the company has reached export sales dynamics that account for up to 80% of the total annual sales. The company, having invested solely in 2020 more than 30 million euros in Research & Development -with the overall investment in R&D during the last five years reaching more than 300 million euros- aims to invest an additional amount of 200 million euros during the next five years. With 3 state-ofthe-art research facilities, the company is committed to continuous R&D investments, aiming at enhancing its product portfolio and providing innovative solutions and services to customers and patients, whilst maintaining and securing a strong financial performance. In Pharmathen both the leadership team and its employees strive to make a difference in people’s lives through leading innovation and research-driven activities. They are all firmly committed to continuously excel in developing, manufacturing and commercializing advanced pharmaceutical products and services. It is in company’s “DNA” and philosophy to embrace research and science by providing innovative products and integrated services to improve people’s quality of life.



DIAMONDS of the Greek Economy 2021

PAPER PRODUCTS Industrial Turnover 2019: 203,373,591 € Profit Before Taxes: 2019: 12,672,680 €

MEGA Disposables S.A. is a 100% Greek company, founded in 1980. Today, it is the leader in personal hygiene in Greece, and one of the largest disposables manufacturing units in Southern Europe. MEGA is inextricably linked to innovation. The company has set its own path in personal hygiene by introducing a unique proposal: the Sensitive concept. Today, it offers a complete range of personal hygiene products, with carefully selected, skin-friendly materials, certified for excellent quality and exceptional safety. Achievements in the decade 2010-2020: During the years 2010-2020, the company: 1. Increased sales by 222%. 2. Expanded its facilities to over 62,000 sq.m. 3. Increased its exports ten-fold. 4. Increased its personnel by 160%. 5. Expanded its export presence to 4 continents. Leading Position in the Market MEGA holds the leading position* in the personal hygiene products sector in Greece, offering products with an innovative design and exceptional skin-friendliness properties. • Feminine Hygiene: sanitary pads, pantyliners, wet wipes, intim wash, cotton pads and wet de-makeup wipes. • Baby Care: baby diapers, pants, baby wipes and bedpads. • Adult care: adult briefs, pants, bedpads, light incontinence pads, and body skin care wipes for the adults. • Family care: cotton wool, cotton buds, surgical face masks, antiseptic lotion and antiseptic wipes. The company has also a dynamic presence abroad, exporting to more than 35 countries.

* Source: Nielsen. ScanTrack Service YTD ending 27 December 2020, TOTAL GREECE & ISLANDS & DISCOUNTERS Product Innovation Ever since 1997, MEGA chose cotton and soft textile fabrics, instead of plastic or synthetic material, as the most appropriate materials for topsheets, aligned with the company’s strategy to place skin-friendliness and product safety as key priorities of product design. Thus, in 1997, MEGA introduced the first Sensitive sanitary napkin worldwide, bearing a soft textile cover, thereby offering protection without irritation. In the years that followed, the Sensitive concept was applied to several other product categories, introducing pioneering products which ideally paired excellent absorbency with exceptional skin care properties. Uninterrupted investment in Product Safety MEGA has invested in product safety uninterruptedly. Production facilities are equipped with cutting-edge machinery, encompassing the latest technology in the sector of personal hygiene. Significant investment has also been made in advanced Quality Assurance Systems, safeguarding top quality at every production stage. Among other QA systems, MEGA has invested in highly advanced inspection cameras, which go far beyond the typical quality control equipment of personal hygiene manufacturing units. These cameras check each and every item against the pre-set prototype, with strict specifications set by the Quality Control Dept., during each stage of production, and discard any items not conforming to the specs, as well as one before and one after it. This way, no defective products - even by the slightest deviation from approved specs is allowed in the market.

its innovative design, its dynamic export presence, as well as for its sustainable practices. Notably, some of the most recent awards and distinctions include the following: • Product of the Year 2021: High protection face masks MEGA and BabyCare Calming baby wipes. • Distinction “The Most Sustainable Companies in Greece 2020,” setting MEGA Disposables amongst only 25 companies in Greece that meet high sustainability performance criteria. • Two Retail Business Awards 2020, for Corporate Social Responsibility initiatives. • Distinguished as one of the Diamonds of the Greek Economy - Awards 2020. • Distinguished for sustainable practices applied, awarded twice at the Environmental Awards 2020 ceremony. • Received the “True Leader” award of the Greek Economy for the 9th consecutive year. • In 2019, MEGA was awarded the Product Safety Award by the European Commission for its baby diapers Babylino Sensitive. Babylino have been the only baby diapers awarded with the European Product Safety Award, thereby proving that MEGA has been willing to go the extra mile in order to ensure the highest safety levels possible for its consumers. Sustainability The company values of Respect, Integrity and Responsibility are in full alignment with its sustainability strategy. With a view to constantly decreasing its carbon footprint, MEGA today further intensifies its environmental initiatives, so as to contribute to a more sustainable future, through the “Act Green Program.”

MEGA Disposables S.A.

148 Dekelias St., 13678 Acharnes, Attica, Greece Tel.: +30 210 2419800 Fax: +30 210 2419818 Email: mega@megadis.gr Website: https://megadis.gr

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DIAMONDS 2021

Distinctions 2020 MEGA has received remarkable distinctions for the excellent quality and unmatched product safety of its product range,

2018 Turnover

2019

193,627,300 € 203,373,591 €

Change (%) 5.0

Profit Before Taxes

10,157,761 €

12,672,680 €

24.8

Gross Profit

64,781,092 €

68,628,922 €

5.9

Total Equity

38,810,086 €

46,640,556 €

20.2

Liabilities

89,291,206 €

95,234,421 €

6.7



DIAMONDS of the Greek Economy 2021

PHARMACEUTICALS Commercial Turnover 2020: 216.400.000 € Profit Before Taxes 2020: 1.900.000 €

PEIFASYN Group

Assisting drugstores in supporting and expanding primary health care Thanasis Mouchtis, General Manager of PEIFASYN Group

98 Ag. Ioanni Renti St., 18233 Aghios Ioannis Rentis, Athens, Greece Tel.: +30 210 4830291 Fax: +30 210 4813995 Email: info@peifasyn.gr Website: www.peifasyn.gr

182

DIAMONDS 2021

PEIFASYN Group, boasting a 41-year-old legacy of uninterrupted presence and operation in Greece’s pharmaceutical sector, is the country’s second largest wholesale cooperative pharmaceutical company. The firm holds a place in the list of Greece’s 50 largest commercial companies in all sectors. With a dynamic presence and activity, PEIFASYN Group delivers through its network of 4 warehouses, the entire range of products distributed in pharmacies, having an ever-expanding and upgraded portfolio of 25,000 items. At the same time, the cooperative provides comprehensive high-quality services, so as to contribute maximally to member pharmacists’ expectations, strengthening the pharmacy and supporting it to transform its operating model to meet citizens’ health needs and requirements in the coming years. In the three years 2017-2019, through an investment valued at approx. €4m in fixed assets, the Group expanded part of its functions to a new building, while it renovated its first building, modernized and expanded an automated sorting robotic system, renewed a large part of the fleet, while ERP upgrades are ongoing. The company now operates in two modern privately-owned buildings in the inner Athens suburb of Rentis, as well as three (3) leased

premises in the province, of a total floor space of 6,500sqm. Deliveries are taken care of by its privately-owned fleet of 40 trucks, operating in line with the EU’s GDP directives. The firm’s modern ERP supports all of its activities, while logistics processes are managed by a WMS system. An automated robotic screening system runs 75% of daily production. Through its decentralized logistics network, the Cooperative distributes on a daily basis as many as 125,000 product packages, with over 55,000 invoice lines. Following the expansion of its DIGITAL branch in 2016, the Cooperative provides pharmacies with access to an electronic B2B platform, giv-


ing pharmacists modern tools of advanced information and purchasing management. For this, the firm has received the best of market critique and is regarded a model for competition. In addition, it provides computer and technological support services to pharmacies: provision of software and computer equipment, the PEIFASYN-TV and PEIFASYN-ADVICE systems for the commercial development of the pharmacy, the application PEIFASYN B2B MOBILE for the further strengthening of the triptych information-time-profit (Gold Award for Pharmacy Market Excellence 2021), the mobile application Peifasyn Atrivity, so that pharmacists and their assistants can be trained and expand their knowledge in an entertaining way, anywhere, anytime, easily & quickly (Platinum Award for Excellence, Pharmacy Market 2021). PEIFASYN can also provide specialized staff for the development of consumer products and organization of events at the pharmacy, financial management advice, etc. Finally, the Cooperative has also entered the pre-wholesale drug market, providing logistics services (3PL) and distributing products to other drugstores on behalf of pharmaceutical companies. PEIFASYN Group today is the main supplier and primary strategic partner of about 950 pharmacies in central and southern Greece, of which 560 are members of the Cooper-

ative (shareholders). Sales in recent years expanded through new partnerships to new regions, such as Evia, Viotia, Karpenisi, and other areas in Athens. The Cooperative’s staff comprises some 200 well-trained executives and employees, with an appetite for creation and faith in PEIFASYN. For the Cooperative, lifelong learning is very important, and, thus, every year it invests in the excellent training of its staff, through specialized and modern seminars, lectures and conferences. The Cooperative teams up with pharmaceutical and parapharmaceutical companies, as well as with special consultants and communication specialists, to provide training on scientific and professional matters, both to pharmacists and assistant pharmacists. For many years, PEIFASYN has been receiving distinctions in various business awards, such as the annual Forum of Business Excellence “Diamonds of the Greek Economy,” the “SALUS INDEX - Health - Medicine - Beauty,” the “Protagonists of the Greek Economy” in the industry of drug warehouses, thus confirming its upward and successful course among the best of the Greek economy. The firm has so far organized four Conferences, inviting speakers of international scope to present all the developments in the field of health and the pharmaceutical market. Corporate social responsibility and sustainable development are the corner-

stones of the firm’s values, as it steadily takes social action initiatives to support vulnerable social groups. Business responsibility is focused on sustainability, maintaining a responsible attitude for future generations to achieve economic, environmental and social progress. In the days of Covid-19, PEIFASYN stood by its pharmacies from the first moment, supporting them in their effort to provide primary health care to their patients. The days to come will not be the same. Online pharmacies may seem safer, more modern or cheaper. But the need will be communication, advice, prompting. It will be the protection of public health, it will be the primary care and treatment. And this, every pharmacist, who is the health scientist mostly available and closer to every citizen, can do it and does it right, being aware of their role and mission. The Cooperative will always remain by their side.

PEIFASYN Group 2020 TURNOVER

216.400.000 €

PROFIT BEFORE TAXES

1.900.000 €

GROSS

9.700.000 €

TOTAL EQUITY

24.600.000€

LIABILITIES

45.200.000 €

DIAMONDS 2021

183


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Commercial Turnover 2019: 179,019,865 € Profit Before Taxes 2019: 3,167,699 €

VITAFARM S.A. – LELOS GROUP

Supplying more than 2,500 pharmacies in Greece

23 Chalkis Str, Pylaia, Thessaloniki 57001 Tel.:+30 2316003100 Fax: +30 2310478946 Email: info@vitafarm.gr Website: www.lelosgroup.gr

184

DIAMONDS 2021

VITAFARM S.A. is a pioneering Greek company enjoying a leading presence in the supply chain of medicines, parapharmaceuticals, cosmetics and health products in Greece. The firm is primarily a pharmacy supplier in the wider region of Macedonia. It is part of Lelos Group, which is the largest and most well-staffed group of private drug warehouses in Greece, with a total of 10 companies, serving more than 2,500 pharmacies nationwide. Based in Thessaloniki, VITAFARM operates in privately-owned facilities of a floor space totaling 3,000sqm in the area of Pylea. Making steady steps, the firm has developed into a dynamically growing company, on strong foundations that even under conditions of severe crisis, both economic that Greece experienced in the past 10 years, and the health crisis caused by COVID-19 around the world, manages to increase its financial figures year after year. In order to strengthen its growth position and leadership in the industry, the company was listed on the Cyprus Stock Exchange in 2019.

Functional & operational improvement VITAFARM is a typical example of a healthy Greek company, which adapts to the signs of the times and follows the developments, having a strong management team, characterized by decision-making sympathy and an appetite for work. The management’s goal is to create new growth models aimed at progress and development. VITAFARM’s successful business activity is based on its competitive commercial policy, constant innovation and continuous investment in new technologies. In addition to modern drug storage areas, it has a fully automated system for executing and completing KNAPP AG (a leading technology company, offering efficient, safe and economical automation solutions) orders for the management of fast-moving item codes. In addition, as early as May 2016, the firm started operating a new department based on two autonomous robotic units ROWA Vmax by BD, which allow for the optimal management of slow-moving codes. The entire distribution system, from receipt of items to delivery to


pharmacies, is monitored electronically using portable RF scanners, a process that, in addition to the complete recording of all events, minimizes errors (less than 0.1%). Finally, it has one of the largest and most modern fleets of vehicles, which speedily serves some 800 points of sale in Thessaloniki and the wider Macedonia region. VITAFARM is certified as per ISO 9001:2015, while at the same time it is also certified by EOF, Greece’s National Organization for Medicines, for its operation based on the European Guidelines for good practice in the wholesale distribution of medicines for human use (Good Distribution Practice). The firm adheres to strict quality control procedures, such as GPS control of its truck routes, real-time monitoring of all temperatures in the warehouse, refrigerators and cold rooms, as well as the restriction of access to its premises by unauthorized personnel. In addition, in the context of finding solutions that are in line with the new ecological standards, VITAFARM has adopted a set of actions aimed at protecting the environment and covering a wide range of the company’s activities. Such action relates to the following activities: (a) Installation of a fully automated system for collecting, compressing and tying cartons before recycling; (b) Installation on roofs of the industrial type light and solar tubes Solarlight® and Lightway®, covering the lighting needs of all storage rooms during the day; (c) Installation of the Solarlight® solar photovoltaic ventilation system, which ensures heat dissipation during the summer months; and, (d) fleet upgrade with gas vehicles, thus significantly reducing its energy footprint. Corporate Philosophy VITAFARM’s corporate philosophy is based on extroversion, innovation and responsibility. The firm’s duty is to create value for its employees, consumers, suppliers, and business partners. Healthy entrepreneurship has meant that the Company has so far made no cuts in either salaries or staff, but instead proudly provided all employees with group health insurance. VITAFARM, as a healthy, dynamic Greek company, provides over 80 jobs, while shaping a working environment characterized by safety, stability and commitment of employees to corporate values. The company’s main goal is to continuously invest in its employees, who are seen as its driving force. VITAFARM’s management has set it as its basic goal to stand by its staff with a sense of responsibility and consistency, actively and practically supporting their professional development.

VITAFARM S.A. 2018 Turnover

2019

150,639,036 € 179,019,865 €

Change (%) 18.8

Profit Before Taxes

1,960,611 €

3,167,699 €

61.6

Gross Profit

8,719,379 €

10,257,982 €

17.6

Total Equity

23,579,752 €

25,915,855 €

9.9

Liabilities

30,509,583 €

28,300,261 €

-7.2 DIAMONDS 2021

185


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Industrial Turnover 2020: 178,622,756 € Profit Before Taxes 2020: 41,177,504 €

DEMO S.A. Pharmaceutical Industry

Leading quality in injectables Dimitrios Demos, CEO of DEMO S.A.

21st km Athens-Lamia National Road, 14568, Krioneri, Attica, Greece Tel.: +30 210 8161802 Fax: +30 210 8161587 E-mail: info@demo.gr Website: http://www.demo.gr/

186

DIAMONDS 2021

DEMO SA is one of the major pharmaceutical manufacturers in Greece with a very strong presence in the hospital market, ranking first among all the Greek pharmaceutical companies in terms of units sold. With its four (4) state-of the-art manufacturing units covering a total floor space of 57,000sqm, as well as its high-tech storage facilities in Athens and Thessaloniki and 1.000 employees, DEMO is among Europe’s leading pharmaceutical companies. The Company’s product portfolio includes injectable generic pharmaceutical formulations of all forms such us Liquid injectables in glass ampoules, vials & bottles, sterile powders and freeze-dried formulations, Lyophilised products, Emulsions, Penems, Penicillins and Cephalosporins. DEMO activities span as many as 96 countries in Europe, Asia, Africa, Latin America, Oceania & the Middle East. The firm’s cutting-edge production facilities allow it to offer services such as:

• Worldwide distribution opportunities • Out-licensing services • Contract manufacturing operations. DEMO intends to maintain its leading position in the Greek pharmaceutical industry while further establishing its role as one of the top manufacturing companies worldwide. The modern and fully-equipped manufacturing premises, the advanced technologies it has adopted, the constant product portfolio expansion and the international presence are the means to this end. The Company has been investing heavily in the creation and sourcing of a state-of-the-art Research & Development laboratory which spans more than 2,500sqm, equipped with the latest instruments and staffed with top University graduates. Under the supervision of highly qualified researchers – most holders of PhD titles from highly-acclaimed European universities – the R&D lab represents the company’s launching pad for the future.


DEMO S.A. Pharmaceutical Industry 2019 Turnover

Change (%)

154,567,363 € 178,622,756 €

Profit Before Taxes

The firm’s International Sales Division has a long history of successful participation in international tenders procured by the most accredited organizations worldwide. Today, it has a global sales network with its own products in 85 countries, including countries in Europe, Asia, Africa, Latin America, Oceania, and Middle East with a significant market share in many of them. Since the end of 2013, the firm has presence in Germany through Munich-based subsidiary DEMO Pharmaceuticals GmbH.

2020

24,833,930 €

41,177,504 €

15.6 65.8

Gross Profit

-

Total Equity

108,812,159 € 137,264,219 €

26.1

Liabilities

147,324,850 € 145,193,020 €

-1.4

The global operation of DEMO has led the company to export 84% of units produced, while it is worth noting that it has gained international recognition being one of the official pharmaceutical product suppliers of the United Nations, UNICEF, MSF, Red Cross and World Health Organization (WHO). DEMO currently employs a staff of 1.000 employees, while during the last decade the company has created more than 500 new job positions at all levels, giving opportunities to both

young and senior scientists, experts and workers. DEMO places strong emphasis on the attraction, retention, development and professional advancement of employees at all levels. Many of them have started their career with DEMO as interns and have steadily grown to senior positions. DEMO boasts a comprehensive Corporate Responsibility Program, based on 4 pillars: Environment, Ethical Marketing, Employees and Society, focused especially on children and vulnerable population groups.

DIAMONDS 2021

187


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Commercial Turnover 2020: 323,086,230 € Profit Before Taxes 2020: 1,801,758 €

Pharmacist’s Supplying Cooperative of Attica (PROSYFAPE)

Andreas Galanopoulos, President of PROSYFAPE Group

3 Konstantinoupoleos St., Peristeri 121 32, Athens, Greece Τel.: +30 210 5709.492 Website: www.prosyfape.gr www.prosyfape40years.gr

188

DIAMONDS 2021

On-going upgrade of services to pharmacies PROSYFAPE (Pharmacist’s Supplying Cooperative of Attica) Group of companies operates in Greece for the last 40 years. Today, is the largest, most modern and dynamically growing wholesale distributor of pharmaceuticals and nonpharmaceutical products and services in the Greek market. Throughout the years, the Cooperation has invested in a network of five units (2 in Attica, 1 in the East of Sterea Hellada, 1 in Corfu and 1 in Epirus), having as a primary concern to satisfy the pharmacist’s needs from an assortment of more than 18000 products, with on time delivery two and three times a day by its fleet of 93 owned van - vehicles. From our premises of 12000 m2, with an infrastructure that consists of 3500 automated channels, we handle around 12000 phone calls/

day, and distribute over 200.000 pcs, determined to serve, support and deliver to every one of the 1680 pharmacies, that put their trust on us. We deliver our services in compliance to the EU regulations, GDP’s, and according to the standards of quality of ISO 9001:2015. We are certified by the accredited authorities of TUV AUSTRIA HELLAS in ISO 9001:2015 and DQS for the distribution of medical devices. Today, PROSYFAPE Group remains committed in its values and on the path that its founders initiated, always looking for new investments related to the proper qualitative storage and distribution of its products, to enhance its deep supply chain expertise for the satisfaction of its pharmacies, combined with strong supplier relationships. Our 309 employees


PROSYFAPE – Group Results 2019

2020

308,515,205 €

323,086,230 €

4.7

2,608,951 €

1,801,758 €

-30.9

Gross Profit

13,703,096 €

14,024,116 €

2.3

Total Equity

48,626,392 €

49,167,715 €

1.1

Liabilities

60,097,362 €

60,769,752 €

1.1

110,768,388 €

112,179,584 €

1.3

Turnover Profit Before Taxes

Total Assets

Change (%)

along with the Board of Directors are pledged to deliver the right product, at the right amount, in time, every time, to all its cooperative, independent pharmacies, shorn to service only the Greek market.

DIAMONDS 2021

189


DIAMONDS of the Greek Economy 2021

INFORMATION & COMMUNICATION TECHNOLOGIES Commercial Turnover 2019: Total Revenue 2020*: US$Before 136.7 Taxes BILLION Profit 2019: Net Profit 2020*: US$ 9.9 BILLION

*Huawei Technologies Co., Ltd

Huawei

Enhancing people’s digital experience in work, life, entertainment Huawei is a leading global provider of Information and Communications Technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – Telecom networks, IT, Smart devices, and Cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world. Huawei’s end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes. At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological break-throughs that drive the world forward. Huawei has more than 197,000 employees and operates in more than 170 countries and regions. Founded in 1987, Huawei is a private company fully owned by its employees.

49 Kifisias Ave. & Ziridi St., 15123, Maroussi, Attica, Greece Tel.: +30 210 6879008 Website: https://e.huawei.com/gr/ https://www.linkedin.com/company/ huawei-enterprise-greece/

190

DIAMONDS 2021

What do we offer to the World? We create value for our customers. Together with telecom carriers, Huawei helps connect over one-third of the world’s population. Together with our partners, we serve government and public utilities, as well as enterprise customers in sectors like finance, energy, transportation, and manufacturing. We help organizations and industries go digital by providing them with open,

flexible, and secure ICT infrastructure platforms that promote greater synergy between devices, networks, and the cloud. With our smartphones and other smart devices, we are improving people’s digital experience in work, life, and entertainment. We promote industry development. Huawei advocates openness, collaboration, and shared success. Through joint innovation with our customers, partners, and peers, we are expanding the value of information and communications technology in service of a more robust and symbiotic industry ecosystem. Huawei is an active member of more than 600 standards organizations, industry alliances, and open source communities. We have also joined forces with industry partners to innovate in emerging domains like cloud computing, software-defined networking (SDN), network functions virtualization (NFV), and 5G. Together, we are driving the industry forward. We drive economic growth. Huawei generates tax revenues, provides local employment opportunities, and stimulates the development of the ICT value-chain in every country where we operate. Furthermore, we deliver innovative ICT solutions that drive the digital transformation of all industries, fostering economic growth and greatly improving quality of life. We enable sustainable development. As a responsible corporate citizen, Huawei has made a significant contribution to bridging the digital divide to all peo-


ple and businesses. We are keenly aware of the importance of telecommunications in emergency response situations, during which we restore communications networks and ensure the reliable operation of essential telecoms’ equipment in disaster zones. We also prioritize low-carbon and environmental protection throughout all planning, design, R&D, manufacturing, delivery, and O&M activities, providing our customers with top-of-the-line products and solutions that save energy and reduce environmental impact. As for people, we help develop the next generation of local ICT talent with our global Seeds for the Future program, where we work together with young talents across 130 countries and regions to transfer knowledge, cultivate understanding and greater interest in the ICT industry, and encourage broader involvement in the digital community. What do we stand for? For the past 34 years we have maintained an unwavering

focus, rejecting shortcuts and easy opportunities that don’t align with our core business. With a practical approach to everything we do, we concentrate our efforts and investing patiently to drive technological breakthroughs. This strategic focus is a reflection of our core values: staying customer-centric, inspiring dedication, persevering, and growing by reflection. Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they’re at home, in the office, or on the go. DIAMONDS 2021

191


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Industrial

ELPEN Pharmaceuticals

Investing in the science of life Theodoros Tryfon, Vice President

95 Marathonos Ave., 19009 Pikermi, Attica, Greece Tel.: +30 210 60 393 26-9 Fax: +30 210 60 393 00 E-mail: info@elpen.gr Website: www.elpen.gr

192

DIAMONDS 2021

Who we are For 56 years, ELPEN pharmaceuticals develops and produces high-quality originator and generic medicinal products for the Greek and international markets. Today, ELPEN is the leading Greek pharmaceutical manufacturer in the domestic market and ranks in 10th place among 250 companies presently active in Greece, both domestic and international. Our vision is to offer pharmaceuticals of high quality standards at affordable prices and to increase our social contribution towards the community. We strive to improve health, adhere to the highest quality standards and responsibly provide the scientific community with substantiated, accurate information. What we do We take pride in our continuous efforts to create added-value for our country and the Greek pharmaceutical industry by: Systematically investing in Greece’s human capital and capacity to innovate; Significantly enhancing the

Greek economy’s competitiveness and sound international profile through large-scale exports to more than 60 countries, long collaborations with highly esteemed international companies and successful operations of our German subsidiary, ELPEN GmbH; Strongly supporting the continuing education of the European scientific community in our certified Training, Research & Experimental Center, one of the largest in South-East Europe; Knowingly contributing to the country’s effort to generate growth through domestic investment and consumption by offering high-quality medicines at affordable prices. Our medicines The therapeutic value of our products lies on our constant focus on quality. We apply international standards (Eudra GMP & GDP, ISO 9001:2008) and national guidelines on all of our operations. In addition, we successfully undergo a great number of audits every year by International Authorities, Auditing Bodies and clients, who


evaluate our premises and operations according to Non-EU Guidelines of Good Manufacturing Practices, e.g. Saudi FDA GMP (SFDA) and Jordan FDA GMP (JFDA). Our products fall within the following therapeutic categories: ● Cardiovascular ● Hematological ● Antithrombotic Agents ● Respiratory ● Gastrointestinal ● Neurological ● Urinary ● Osteoporosis ● Anti-cough ● Antibacterial/Antibiotic/Antiviral ● Anti-inflammatory (Non-steroidal) ● Antidotes ● Hormonal Contraceptives We take pride in the Elpenhaler® prod-

uct, a novel, patented dry-power inhaler invented by ELPEN founder, Dimitrios Pentafragkas. Considered as a highly effective treatment for lung diseases such as asthma and COPD, Elpenhaler® led to ELPEN being the first pharmaceutical company to have ever received European marketing approval of a generic fixed-dose combination inhaler. How we grow We aspire to grow in Greece and the international markets through our strategy to: ● Dedicate significant human and financial resources to R&D ● Invest in value-added medicines ● Aim to enter new therapeutic areas and technologies ● Invest in new strategic collaborations with local and international companies

Reinforcing employment Elpen has been actively supporting the employment sector in Greece during the economic crisis, reinforcing its human resources capital. With more than 1.500 employees, ELPEN hired many highly-skilled scientists over the past eight years, actively contributing to the elimination of the brain drain that has been occurring in Greece during the past decade. Strongly supporting the Scientific and Research community, ELPEN demonstrates its continuous support to the scientific and research community through its certified Training, Research & Experimental Center, founded 25 years ago. Since 1996, the company has offered more than 140 sponsorships, investing more than 10% of its sales in research programs.

DIAMONDS 2021

193


DIAMONDS of the Greek Economy 2021

COURIER AND POSTAL SERVICES Commercial Turnover 2020: 127,404,241 € Profit Before Taxes 2020: 13,918,589 €

ACS Single Member S.A.

People come first

Apostolos Georgantzis, CEO, ACS Courier and Postal Services & CEO, Quest Holdings

25 Asklipiou St., 14568 Kryoneri, Attiki, Greece Tel.: +30210 81 90 000 Fax: +30210 8190 311 Email: info@acscourier.gr Website: https://www.acscourier.net

ACS, a Quest Group company, has been active in the Greek market since 1981 and is the largest and most modern Greek company in the courier field, while in the last years it has dynamically entered the field of Postal Services. The company has the largest courier network in Greece, with more than 600 service points (in Greece, Cyprus, Albania and Bulgaria), 3,000 specialized employees, more than 30,000sqm of operational and storage areas, and an ISO 9001 and ISP 14001 certification. Constantly investing in infrastructure, every year ACS manages more than 60 million of shipments and covers 100% of the country with its own National store network, while for overseas shipments it has established collaborations with large international companies. In addition, ACS works with international courier and transport networks, in order to handle shipments, either in Greece, acting as agent, or abroad. Aiming to have its customers in the center of its business model, by always offering them the best possible service, ACS has put in place the best organization and know-how in its sector, with the most modern infrastructure in computer equipment and automated system for the sorting / monitoring of deliveries. The company constantly invests in infrastructure and the design of new pioneering services and products, both for the Courier and the Mail Postal market, aiming at covering the daily communication needs of hundreds of thousands of businesses and individuals, fast, securely and reliably. Since 2013, ACS has received very important awards for its innovative services and efficient operation, as well as in the areas of CSR and Sustainability: 2013 Environmental Awards - Bronze Award for the ACS ECO friendly vehicles. 2014 Transport & Logistics Awards Gold Award for the ACS Web Business Tools provided to e-shops. 2014 e-volution Awards - Gold Award for the ACS Web Business Tools.

194

DIAMONDS 2021


2015 Transport & Logistics Awards - Gold Award for the ACS Advanced Business Post services provided to WIND, regarding its telecom bills distribution. 2015 Lighthouse e-volution Awards - Gold Award for the ACS Automated Cash-On-Delivery System provided to e-shops. 2016 Lighthouse e-volution Awards - Silver Award for the ACS ReDirect Web Mobile Service provided to recipients (so they can reschedule online the time or place of delivery) and Silver Award for the ACS Smart Point automated pick-up lockers operating in Shell gas stations. 2016 e-BΙΖΖ Awards - «Logistic Solution of the Year» Award for the ACS Smart Points. 2016 Responsible Business Awards – Gold Award in the category “Responding to Emergency” for free transport of first aid material to refugee camps in Greek islands. 2016 Transport & Logistics Awards – Gold Award for the ACS Smart Points. 2017 BRAVO Sustainability Awards – Distinction in the Bravo Market category (for the innovative solutions provided to e-shops), as well as in the Bravo In Action category (for all first aid material shipped to refugee camps in the Greek islands).

2018 e-BIZZ Awards - «Logistic Solution of the Year» Award for for the ACS Card on delivery service. 2017 e-BIZZ Awards - «Logistic Solution of the Year» Award for ACS ReDirect Web Mobile Service.2018 Mobile Excellence Awards – Silver Award for the innovative ACS Mobile Application (for Android as well as Apple mobile devices). 2018 e-volution Awards – Bronze Award for the innovative ACS Mobile Application. 2019 e-BIZZ Awards - «Logistic Solution of the Year» Award for the innovative ACS Mobile Application. 2019/2018/2017 Leaders of the Greek Economy (by Direction Business Network) - Distinction for the leading position of ACS in the courier market, based on objective economic indicators and criteria. 2020-2019 Most Admired Companies (by Fortune Greece) – ACS made it to the final 20 top list of the Most Admired Companies in Greece, issued by the Fortune magazine. 2020/2019/2018/2017 True Leader of the Greek Economy (by ICAP) - Distinction for ACS as the strongest and healthiest company financially in the courier Industry. 2020/2019/2018/2017 Diamonds of the Greek Economy (by New Times Publishing)– Distinction for ACS as the strongest and healthiest company financially in the courier industry.

2017 e-BIZZ Awards - «Logistic Solution of the Year» Award for ACS ReDirect Web Mobile Service. 2017 Lighthouse e-volution Awards – Bronze Award for the ACS Card on delivery service. 2018 Responsible Business Awards – Gold Award in the category «Best Cooperation with Non-Governmental Organisations» in Greece. 2018 Supply Chain Awards – Gold Award for the ACS Card on delivery service.

ACS Single Member S.A. 2019

2020

110,079,036 €

127,404,241 €

15.7

Profit Before Taxes

13,200,125 €

13,918,589 €

5.4

Gross Profit

30,348,015 €

32,614,221 €

7.5

Total Equity

37,291,034 €

37,533,376 €

0.6

Liabilities

31,721,805 €

39,485,413 €

24.5

Turnover

Change (%)

DIAMONDS 2021

195


DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial

Stergios Tsagkoulis, Chairman & CEO

8th km Larissa-Sikouri highway, Larissa, 41110 (PO BOX 1127), Greece Tel: 0030-2410-575092,93 Fax: 0030-2410-575091, 575503 Email: fruitsales@intercomm.gr, olivesales@intercomm.gr Website: www.intercomm.gr

196

DIAMONDS 2021

Intercomm Foods S.A.

Continuing presence in more than 65 export destinations worldwide Intercomm Foods SA, founded in 1990, is located in Larissa, central Greece and is one of the Greece’s leading export companies. The company has strong experience in PRIVATE LABEL products, and, at the same time, has developed its main brand DELPHI. The company’s headquarters, warehouse and main production facilities cover an area of approximately 200.000m2.

Three factories: • Olive factory / Larisa • Fruit factory / Larisa • Olive factory / Kompoti Artas In 1999, the company carried out a large investment in the field of olives, with modern installations and stateof-the-art equipment. Through this investment, it succeeded in becoming the leader and biggest olive processing company in Greece, with the highest standards, subsequently gaining


ever-increasing recognition in the international olive market. Intercomm Foods is also a leader in ASEPTIC fruit, supplying peach and apricot to top factories (jam producers, fruit preparations, juice factories, yogurt factories, etc.) all over the world and meet high quality standards and requirements. Main product categories • Olives, pastes & antipasti • aseptic peach & apricot fruit • peaches and apricot in cans & jars • apricot and peach compote in cans and jars Intercom Foods SA is a family-run business that began operating with high ambitions. The firm also enjoys a strong market presence with its

brand-name products in Europe, Asia, South America. Marketing its products under the Delphi brand name, the firm exports to Russia, Bulgaria, Romania, Germany, Croatia, Poland, Slovakia, Lithuania, Estonia, Serbia, Czech republic, Armenia, Scandinavian countries, Brazil, N.Zealand and Vietnam. It provides private label products to the biggest retail groups, such as Aldi, Edeka, Lidl, Tesco, Norma, Spar, etc. Though the firm’s entry and survival in the Russian market proved difficult in the mid-1990s, it has managed to bolster its standing through a company of its own, which, besides marketing its own products, such as olives and compote, also offers other products, including olive oil, pastas, traditional Greek delicatessen and cheese products.

Exports Intercomm Foods SA exports 99% of its products to 65 countries and to more than 450 clients worldwide. Export destinations include EU, Russia, Ukraine, Switzerland, USA, Canada, Australia, New Zealand, Iran, Iraq, Mexico, China, Japan, South Africa, Mexico, Brazil, Colombia, Middle East countries, South Korea, etc. Certifications ISO22000:2005, BRC, IFS, SA 8000 Kosher and Halal Awards Awards for worldwide presence by: • EBEA – Greek Chamber of Commerce in Athens • Active Greece – Stat Bank • Silver top exports company Greek exporters DIAMONDS 2021

197


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Commercial Turnover 2019: 82,414,923 €

Βristol Myers Squibb S.A.

Researching & developing new innovative medicines Βristol Myers Squibb is a differentiated company, led by our unique BioPharma strategy that leverages the reach and resources of a major pharma company paired with the entrepreneurial spirit and agility of a biotech firm. We work every day to deliver innovative medicines for patients with serious and life-threatening diseases. Each day, our employees around the world work together for patients – it 49-53 Attikis & Propontidos 2, 15235, Vrilissia, Greece Tel.: +30 210 60 74 300 Fax: +30 210 60 74 333 Website: www.bms-greece.gr

198

DIAMONDS 2021

drives everything we do. We are focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis. Through our R&D organization, we have built a sustainable pipeline of potential therapies, and actively partner to access external innovation to broaden and accelerate our work. MLTGR1906772-01, Aug.2019

Βristol Myers Squibb S.A. 2018

2019

Change (%)

Turnover

81,604,340 €

82,414,923 €

1.0

Gross Profit

16,105,179 €

14,939,010 €

-7.2



DIAMONDS of the Greek Economy 2021

FITCO

A leading Greek copper alloy producer with significant international presence

Fitco is a subsidiary of the copper segment of ElvalHalcor and a leader in the Greek copper alloy market. Active for more than 40 years, Fitco is an industrial company specialising in copper alloy semi-finished products for industrial and architectural applications. The Company invests in research and innovative technologies, aiming to stay ahead of the competition in terms of productivity, product innovation and quality. Fitco has significant international presence, exporting approximately 76,4% of its production, and provides exceptional support for its products, which are distributed to more than thirty countries worldwide. The Company focuses on responding reliably and rapidly to changes in demand with the aim of achieving total customer satisfaction. Fitco has a steady focus on the sustainability principles and acts responsibly throughout the entire range of its business, being a reliable business partner. Fitco’s plant is certified with the international standards ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and the process of certification as per ISO/TS 16949:2016 (for the automotive industry) is in progress. Fitco’s products conform to the main European and US quality standards (EN, DIN, BS, ASTM, JIS).

info@fitco.gr www.fitco.gr

200

DIAMONDS 2021

Fitco - product range ● Solid and hollow copper alloy rods ● Copper alloy sections and flats ● Copper alloy tubes ● Copper alloy wire and net for fish farm cages ● Copper alloy wire


Collaboration It’s where innovation begins

www.dow.com


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Industrial

UNI-PHARMA KLEON TSETIS PHARMACEUTICAL LABORATORIES SA

58 years of value creation in the pharma industry: A story worth telling

14th km Athens-Lamia National Road, 145 64 Κifissia, Attica, Greece Τel: +30 210 8072512 Fax: +30 210 8078907 Website: http://www.uni-pharma.gr

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DIAMONDS 2021

The Tsetis Pharmaceutical Group of Companies (OFET), comprises two complimentary, dynamic pharma companies, Uni-pharma SA and InterMed SA, as well as a Cyprus-based commercial company, Pharmabelle, and the newly established Uniherbo, specializing in medicinal plant extraction. Kleon Tsetis, a restless pharmacist and researcher, with a vision to strengthen the position of Greek manufacturing in the pharmaceutical industry, established Uni-Pharma in 1963 with the mission to improve the quality of life of our fellow men by facilitating access to treatment with innovative, high-quality, GMP and cost-efficient pharmaceutical products. Since its establishment, UNI-PHARMA has been active in research, development, manufacturing and marketing pharmaceuticals of the highest quality, covering all major therapeutic categories, with innovative highlight brands such as APOTEL® and SALOSPIR®, as well as technological challenges such as T4®, and the new TREBON GRIPPE day & night. Since its foundation, Uni-Pharma has grown from a small privately-held company into a large and dynamic organization, which currently holds the leading position in unit sales among Greek-owned companies in the domestic market. In order to sustain this growth, Uni-Pharma actively explores collaboration potential with commercial partners and academic Institutions, on a global scale, while tirelessly investing in technology and manufacturing excellence. Through undaunted efforts, Uni-Pharma’s reach today extends to five continents and 47 countries (together, Uni-pharma and InterMed export to more than 66 countries worldwide), leveraging on growth opportunities around the globe. UNI-PHARMA exports high-technology and innovative prod-

ucts under its own brands, creating value and contributing to the great national effort of re-shaping the character and dynamic of Greece’s economy. Accountability during the Pandemic – The generous donation by Unikinon Uni-pharma stands out not only for its financial results, but also for its Corporate Responsibility policy, which was once again highlighted in the context of the COVID-19 pandemic. Specifically, the company’s management, with a sense of historical and social responsibility, donated to the Greek state 24 million free doses of Unikinon (chloroquine) and an additional 60,000 doses of the same drug to Cyprus government. It is worth noting that the entire process of purchasing raw material, production of the drug and implementation of the donation, was carried out on the initiative of the the CEO of OFET, pharmacist MSc, member of BoD SEV, president of Global Compact Network Hellas, Ioulia Tsetis. Research, Patents, Investments With regard to research, the firm has expanded far beyond the realm of pharmaceutical technology and innovation, as it has already filed/holds 70 national (56 related to Uni-Pharma and 14 to InterΜed products) and 27 international (21 related to Uni-Pharma and 6 to InterΜed products) patent applications/patents, some of them granted in more than 60 countries worldwide. Only in the past three years, the firm has filed 28 new national and international patent applications in the fields of pharmaceutical active substance development and novel pharmaceutical and nutritional compositions. In addition, the Group prepares during this period of time, 32 research projects,


of which 10 are co-financed by the General Secretariat for Research and Innovation and the rest are funded exclusively by the Group. As well, 13 of these 32 research projects directly or indirectly concern the utilization of the country’s biodiversity. The programs are implemented in collaboration with Academic and Research Institutions. OFET has invested more than 80 million euros in recent years, while the investment plan for the years 2019-2021 exceeds 15 million euros with the completion of the radical renovation of Uni-pharma’s first and historic factory, on the Athens-Lamia National Road. At the same time, a state-of-the-art privately-owned Logistics Center is being created to serve the needs of the Group’s second industry, InterMed. Excellence, Awards, Recognitions Throughout the years, Uni-Pharma has received Excellence Awards by numerous Institutions, both nationally and internationally, either for its products or innovative business practices and procedures. Between them: Gold award for Uni-pharma Repel, following an Iatronet audience vote in February 2020 at the 11th Health Expo Athens. In January 2020, Uni-Pharma received the Environment and Green Development Award 2020, by EVEA (Greek Chamber of

Industry & Commerce). In addition, Uni-pharma was among the 18 best companies in the country out of a total of 8,000 companies, in the context of the Growth Awards competition that took place on the night of Monday, February 17, 2020 at the Concert Hall. These awards emphasize healthy entrepreneurship, innovation and excellence, organized by Grant Thornton and Eurobank. Uni-pharma & InterMed, pharmaceutical companies, were awarded with 5 important distinctions which rank the Group very high in matters of Occupational Safety, Health and Culture, at the Health & Safety Awards 2020 on Thursday, June 11 at the American College. Award of T4 as one of the leading centuries-old brands in our country, by BUSINESS REVIEW magazine - October 23, 2020. The Tsetis Pharmaceutical Group of Companies received a SILVER distinction - Most Valuable Covid-19 Pandemic Patient Support Program - for its contribution to the Greek & Cypriot health system during the pandemic, and especially for the large donations of chloroquine & antiseptics. Significant Award for ETHICAL BUSINESS and responsible entrepreneurship, with the RHETORIC OLYMPIC WREATH award to the Tsetiw Pharmaceutical Group of Companies, during the 13th RESPONSIBLE MANAGEMENT EXCELLENCE AWARDS Award Ceremony, 2020.

Uni-pharma

A robust CSR Strategy The firm’s robust CSR Strategy entails significant actions and initiatives for the environment, access to health services, quality of life and well-being, cultivating a culture of voluntarism and solidarity. Last but not least, the Kleon Tsetis foundation supports, among many other things, science and youth with a significant number of scholarships for the new generation of Greek scientists, in order to create favourable conditions for brilliant Greek minds to avoid the brain drain trend, which has emerged in recent years as a result of the country’s financial crisis.

Group OFET

2017

2018

2019

2020*

2021

Sales

61,493

65,896

73,913

80,146

85,000

Sales

yoy %

5.1%

7.2%

12.2%

8.4%

6.1%

yoy %

Net Sales after Clawback & Rebate

In the family of Sustainability & UN Global Compact Uni-pharma is a proud member of the United Nations Global Compact by complying with the 17 goals, such as, sustainable development, environmental protection, abolition of child labor and eradicating corruption. Tsetis Pharmaceutical Group of Companies also belongs - as of December 2020, to the leading group of “The Most Sustainable Companies in Greece 2020”, i.e. companies with the greatest sustainable growth. These 25 Greek model companies are highlighted in the Business Charter of Sustainable Development in our country. They operate as examples of good business and ethical practice. This is a technical evaluation, carried out by the executives of the Quality Net Foundation Network.

2017 85,117

2018

2019

91,664 103,255

2020*

2021

114,693 119,500

7.7%

12.6%

11.1%

4.2%

85,656

97,379

107,364

115,000

55,917

60,857

68,997

73,300

81,000

Net Sales after Clawback & 78,765 Rebate

yoy %

2.7%

8.8%

13.4%

6.2%

10.5%

yoy %

5.2%

8.7%

13.7%

10.3%

7.1%

Ebitda

7,341

10,166

13,612

13,000

14,000

Ebitda

10,337

11,757

15,860

18,000

18,000

yoy %

13.2%

38.5%

33.9%

-4.5%

7.7%

yoy %

6.7%

13.7%

34.9%

13.5%

0.0%

1,099

2,484

6,089

6,000

6,200

Profit AfterTax

2,657

2,952

7,185

9,000

9,000

43.3%

126.0%

145.1%

-1.5%

3.3%

yoy %

6.6%

11.1%

143.4%

25.3%

0.0%

Profit After Tax yoy %

* Figures for 2020 are not final as the company has not yet received the total Clawback charge, which has only been estimated. A final figure will be available at the end of June. * Results for 2021 are also forecast, according to data available so far (June 16, 2021).

DIAMONDS 2021

203


DIAMONDS of the Greek Economy 2021

TOYS Commercial Turnover 2019: 56,994,800 € Profit Before Taxes 2019: 5,619,925 €

Nikos Moustakas, President & General Manager

G. N. Moustakas S.A.

Welcome to the magical world of the Moustakas stores! 17 Louvari & Chr. Lada, Peristeri, Attica, Greece Tel.: +30 216 1008000 Fax: +30 210 57 33 359 Email: info@moustakastoys.gr Website: www.moustakastoys.gr

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DIAMONDS 2021

For the Moustakas stores a child’s world is, has been and always will remain the most sensitive chord of our rationale! A world that we serve with dedication, with passion, with love and respect for a child’s special needs. We, at the Moustakas stores, have taken special care while planning the setting as well the contents. We would like you to feel the same ambience and comfort that we feel

around the toys… we want you to enjoy the personal service you deserve… We want you to be able to find everything easily: from major namebrands of toys, classic and exclusive, to items for babies, clothes and shoes, electronic goods, books and seasonal articles. For us there are no customers. There are mums, dads, uncles, aunts, grandpas and grandmas, godfathers and godmothers… and hundreds of


G. N. Moustakas S.A. 2018 Turnover Profit Before Taxes

thousands of children! We also like to be able to look you straight in the eye and return your trust by offering you products and services of the best quality! The Moustakas stores started off as a small industry in the line of manufacturing and trading children’s toys. The driving force and creator of the company was Mr. Georgios N. Moustakas, who was also Chairman of the

55,508,212 €

2019

Change (%)

56,994,800 €

2.7

6,494,628 €

5,619,925 €

-13.5

Gross Profit

21,839,065 €

22,484,915 €

3.0

Total Equity

24,553,534 €

28,792,573 €

17.3

Liabilities

40,106,290 €

45,506,392 €

13.5

Association of Manufacturers of Toys and Wagons (ΣΕΒΠΑ), who since the late 70’s has served for 18 years as Chairman and 6 years as Secretary. From the very beginning the Company established the Principles and Values upon which it based its development: QUALITY, RESPECT, and RESPONSIBILITY. Today, three generations later, the Moustakas stores continue to tenderly

embrace children and their toys. They still insist on quality. To offer select and exclusive toys to satisfy the overall needs of the children and their parents. During our long course we have seen the toys change as time goes by. However what remains constant are the wide, brilliant smiles on children’s faces. And that is and will always be our greatest reward. Welcome to the magical world of the Moustakas stores! DIAMONDS 2021

205


DIAMONDS of the Greek Economy 2021

CHEMICAL PRODUCTS Industrial Turnover 2019: 51,481,443 € Profit Before Taxes 2019: 1,090,464 €

Syngenta Hellas Single Member S.A.C.I

Helping farmers contribute to global food security

Syngenta is one of the world’s leading agriculture companies, comprised of Syngenta Crop Protection and Syngenta Seeds. Our ambition is to help safely feed the world while taking care of the planet. We aim to improve the sustainability, quality and safety of agriculture with world-class science and innovative crop solutions. Our technologies enable millions of farmers around the world to Syngenta Hellas make better use of 2018 2019 Change (%) limited agricultural resources. SyngenTurnover 48,177,758 € 51,481,443 € 6.9 ta Crop Protection Profit Before Taxes 1,125,768 € 1,090,464 € -3.1 and Syngenta Seeds are part of Syngenta Gross Profit 11,386,827 € 12,554,898 € 10.3 Group with 49,000 Total Equity 8,476,313 € 8,554,312 € 0.9 people in more than Liabilities 25,337,534 € 28,889,177 € 14.0 100 countries working to transform the way crops are grown. Through partnerships, collaborations, and The Good Growth Plan, we are committed to accelerating innovation for farmers and nature, striving for carbon neutral agriculture, helping people stay safe and healthy, and partnering for impact. We are a business that helps humanity face the toughest of challenges: how to feed an increasingly growing population in Anthousas Avenue, Anthousa Attikis, a sustainable way. Our world-class scien153 49, Greece tific solutions and innovative products are Tel.: +30 210 6666 612 changing the way we cultivate, allowing Fax +30 210 6665 777 millions of farmers to make better use of Website: www.syngenta.gr available resources. Facebook: @syngentahellas Syngenta Hellas employs a highly-trained Instagram: @syngentahellas staff of 150, working in the following areas: Crop Protection, Seeds Field Crops, VegetaYoutube: https://www.youtube.com/ ble Seeds, and Public Health Products. The c/SyngentaGreece company invested more than 10 million

206

DIAMONDS 2021

euros in the fill-and-pack plant in Enofyta Voiotias, in the past 10 years, producing and distributing Crop Protection Products to more than 70 countries. People working for Syngenta Hellas are internationally recognized for their teamwork, expertise, passion, and performance, and together with our partners they are regarded as the Company’s best asset. Our ambition At Syngenta we play a vital role in the food chain, both for the production of safe food and the protection of our planet. It is our ambition to be the most cooperative and reliable team in the field of agriculture, providing top innovations and products to enhance the well-being of farmers anywhere. Corporate social responsibility Under the new Good Growth Plan, Syngenta is accelerating our innovation to provide solutions for farmers. Our target is to invest $2bn in sustainable agriculture breakthroughs by 2025 and to deliver two sustainable technology breakthroughs each year. We will also strive for carbon neutral agriculture, both on farms and in our operations. We remain committed to enhancing biodiversity and soil health on 3 million hectares of rural land every year, which we will do by providing technologies, services, and training to farmers. We are also committed to reducing the carbon intensity of our operations by 50% by 2030 to support the goals of the Paris Agreement. Our commitment has been validated and endorsed by the Science Based Targets initiative (SBTi). At the same time, we are reinforcing our commitment to help people stay safe and healthy by training 8 million farm workers on safe use every year, and striving for fair labor across our entire supply chain. We can only achieve our ambitious targets in partnership and in open dialogue about the value of agriculture innovation for farmers, nature and society, supported by strong Board level governance of sustainability.


23x30cm


DIAMONDS of the Greek Economy 2021

CHEMICAL PRODUCTS Industrial Turnover 2020: €47.75m Profit Before Taxes 2020: €2m

Best Workplaces™

VITEX S.A.

Constantine N. Yannidis, President of B.O.D.

Imeros Topos, 19 300, Aspropirgos, Attica, Greece Τel.: +30 210 5589400 Email: info@vitex.gr Website: www.vitex.gr

208

DIAMONDS 2021

HELLAS

2021

Business Excellence, dynamic growth in a Best Workplace environment! VITEX S.A. holds leading position in Greece in building materials sector since 1932. Headquartered in Aspropyrgos - Attica and with two subsidiaries in Southeast Europe (Serbia & Bulgaria), VITEX offers integrated solutions for architectural paints, bituminous waterproofing materials, External Thermal Insulation Composite Systems and marine paints. In the period 2015-2020, the firm saw its growth rate jump by an approximate 56% in net sales and from 2019 there is a 42% increase in the number of staff. The company’s excellence and dynamic growth has been recognized, by the prestigious “Growth Awards” organized by Eurobank & Grant Thornton, as one of the Top 19 Most dynamic companies in Greece for 2018 and 2019, evaluated out of a pool of 8,000 companies for

its excellent financial performance, strategy of Business Excellence, and dynamic growth. Our trusted brands are briefly described below: ● VITEX - an integrated architectural paints portfolio for decorative and protective solutions ● HERMES - expertise in bituminous waterproofing membranes and asphalt varnishes ● VITEXTHERM - certified External Thermal Insulation Composite System (ETICS) and anti-crack protection ● EUMARIA - yacht paints for outstanding durability in compliance with all international standards The Group’s activities started back in 1932 with the production and trading of bituminous paper and insulation materials in Greece. In 1960, the com-


pany expanded its business to enter production of paints and varnishes: The VITEX brand was born! It was the company’s first product in this industry. The VITEX emulsion paint was at the time a pioneering paint with innovative characteristics that included the very fast-drying time allowing for faster completion of painting projects versus competing products of the time. The production sites and buildings are fully privately-owned, a sign of the Group’s high capitalization. Facilities feature two individual production units, a logistics center, an R&D lab and the Group’s headquarters. On the production sites, we have set high standards in terms of productivity, technology, health & safety and environmental performance. VITEX fulfils its commitments and adopts high occupational standards in health and safety processes according to the triple standards of Quality, Environment and Health & Safety (ISO 9001/14001/18001). The value driver of sustainability empowers our operating model and our plant operates under almost zero waste process, zero accidents policy and net zero energy with an installed 750KW Photovoltaic rooftop. One of our strengths is our partner network in Greece and 20 countries worldwide. Today the Group has a significant presence in Southeastern Europe, with affiliated companies in

Serbia and Bulgaria, while it exports to over 20 countries around the world. Believing in the potential of penetrating more markets, the Group has drawn up an action plan for its expansion to several countries, to capitalize on superior product quality and the capacity of its production facilities. VITEX has been the recipient of several prestigious awards, including Health & Safety awards, Marketing Excellence awards, Diamonds of the Greek Economy award, DIY Awards, etc. The Group employs over 300 employees in R&D, sales, production, exports, marketing, quality control and product safety. In full view of the increasing trend for antimicrobial protection and the challenges imposed by the COVID-19 pandemic our R&D department has developed an advanced functional paint technology with proven antiviral and antibacterial efficacy. VAIRO™ technology is an innovative solution towards primarily to healthcare sector where the paint inhibits the growth of viruses and TURNOVER bacteria - in- PROFIT BEFORE TAX cluding SARSGROSS PROFIT CoV2 and bacTOTAL EQUITY teria accused for nosoco- LIABILITIES

mial infections- and virtually nullifies their ability to be transmitted through painted surfaces. We cultivate a politics free attitude that upgrades employee’s satisfaction and the working environment. We attract people that match with us and can be ambassadors of our values. Thanks to the welcoming and inclusive culture we have earned Best Workplace certification for 2021 - the most extensive such initiative in the country- by being evaluated by our workforce for the working conditions, the opportunities for personal development and career progression. The world of work is changing, and a workplace is not just a physical place but, primarily, it is a community that gets a deep-felt meaning thanks to our employees who comprise it and embody the core values of our company. We are grateful to our people for their ideas and effort they bring to work every day -even from a distance- that strengthen our culture.

VITEX S.A. 2019

2020

Change (%)

€44,354,653

€47,759,763

+7.67%

€ 875,000

€ 2,000,000

+128.57%

€ 14,017,577

€ 16,275,941

+16.11%

€41,400,000

€ 42,700,000

+3.14%

€22,462,822

€ 22,000,000

-2.06%

DIAMONDS 2021

209


DIAMONDS of the Greek Economy 2021

TRANSPORTATION MEANS Services Turnover 2019: 43,643,909 € Profit Before Taxes 2019: 4,665,120 €

Reliable & Efficient Logistics Partner

148 Diodorou, Patra 26500 Tel.: +30 2610 461600 Email: info@medfrigo.gr Website: https://www.medfrigo.gr

210

DIAMONDS 2021

At a glance MED FRIGO was founded in 1991 in Patras, with a vision to be among the best players in the cold supply chain industry, by achieving continuous and sustainable growth. The firm offers daily top quality logistics services, with its basic principle being to constantly “exceed” the expectations of its partners. Since then and for 30 consecutive years, the company has been a pioneer in ensuring the uninterrupted supply of perishable and critical products in Europe. Today, MED FRIGO is recognized as the leading company in Greece in terms of its specialization, and among the 5 largest in Europe. The firm operates in privately-owned refrigerated facilities in Patras and Igoumenitsa, and leased facilities in Athens and Thessaloniki. Together with subsidiary CARGO MED, which manages its own fleet of refrigerated trucks, and the network of selected partners in Greece and Europe, MED FRIGO specializes in the handling, export and import of partial and full loads of food, raw materials and pharmaceutical products for the Greek market, to and from Europe. With scheduled departures and arrivals, deliveries and receipts from over

500 points directly, the firm ensures the continuous and effective support of the activities of Greek companies in 14 European countries, 24/7/365. Philosophy - Moto The company’s philosophy focuses on the triptych Consistency - Continuity - Evolution, characteristics that reach the company’ core and relate to the way it evolves over time. The company’s motto is “Always on time,” a phrase that governs MED FRIGO, not only with regard to the services it provides but also “on time” in respect of the technology it uses, the investments it makes, the means it utilizes, and the human resources it helps evolve. Pioneering and innovation Innovation as the main tool of growth is a key component of MED FRIGO’s successful activities. What is seen as a proof of this is the firm’s latest distinction regarding its contribution to the Digitization of the supply chain, being Greece’s first international transport and logistics company that applied digital consignment notes procedures, e-CMR, in road transport of temperature controlled products from Europe to Greece and vice versa.


Quality system We follow all the required procedures and respect the operating rules of the certifications with which our operation is harmonized. We operate on the basis of specific strict procedures regarding the rules of application and maintenance of the Cold Chain, Food Hygiene and Safety, fully satisfying the specifications of our customers. The smooth operation of all the individual procedures is ensured by the continuous evaluation and renewal of existing certifications, and the acquisition of new ones.

Development 2020 - 2021 In a period of unprecedented challenges, characterized internationally by insecurity and instability, MED FRIGO has managed to maintain and further strengthen its position. By implementing the required protocols and procedures, it remained faithful to the strategic plan, having achieved the following:

• Quantitative and qualitative increase in size: +10% in human resources, +10% in vehicle fleet, and +5% in workload • Upgrades of equipment and facilities • Reinvested in systems, equipment, new land plots • Added 2 new certifications to its quality system: Anti-Covid-19 and ASC • Distinguished for innovative activities. Corporate social responsibility We are an organization of a high sense of social responsibility. We operate responsibly and respond to society. The firm has won a bronze distinction by ECOVADIS for its business practices and commitment to sustainable development, which is another great recognition and also a confirmation that we are moving in the right direction.

MED FRIGO GROUP RESULTS 2018 Turnover

2019

Change (%)

39,608,053 €

43,643,909 €

10.2

3,940,751 €

4,665,120 €

18.4

Gross Profit

13,226,639 €

15,429,616 €

16.7

Total Equity

14,913,999 €

16,806,531 €

12.7

Liabilities

17,120,528 €

18,607,847 €

8.7

Profit Before Taxes

DIAMONDS 2021

211


DIAMONDS of the Greek Economy 2021

MEDICAL DEVICES Commercial Turnover 2020: 34.252.714 €

MEDICARE HELLAS S.A.

Athanasios Markopoulos, President & CEO

2 A.Kalvou St. & Paleologou St., Halandri 15232, Athens, Greece Τel.: +30 210 6080143 Fax: +30 2106003165 Website: www.medicare-hellas.gr

212

DIAMONDS 2021

Standing up to your expectations MEDICARE HELLAS has been active in the healthcare industry for over three decades. The company was founded in 1986, with a scope to provide Hospital units with high quality medical devices and disposables. Ever since its inception, Medicare Hellas has worked closely with Johnson & Johnson Hellas as an official and authorized representative of its leading medical products. Subsequently, our company enriched its product mix through successful distribution & exclusive partnership deals with leading European and US manufacturers for representing their brands. As of 2017, the firm is the exclusive distributor of Cardinal Health Company in Greece with the well-known

CORDIS and other medical products. Through dedication and sound business and operational choices, Medicare Hellas constantly expands its medical product range, offers a large set of solutions to healthcare scientists and delivers innovative medical technology products to both private and public healthcare units nationwide, as well as private practitioners. The success story of MEDICARE HELLAS S.A. is mainly due to: • A flexible, trustworthy, functional and result-oriented business scheme. • A carefully built network of key partners and business alliances, which ensures a broad range of excellent innovative products with high potential.


• A solid and loyal customer base. • An effective, well-trained sales team highly committed to satisfying customers’ needs and delivering after sales services. They willingly offer tailor-made solutions, on-site support and technical education on product usage and specifications to all interested healthcare professionals. OUR VISION With an eye on society’s changing healthcare needs, the company is committed to providing the medical community with unique, innovative, high quality, branded and cost-effective therapeutic and diagnostic products, thus contributing to the advancement of good health and improvement of people’s quality of life. OUR MISSION Our strategy is determined by the constant values that govern every sector of its activity. OUR VALUES • A consistent, sound business strategy based on ethics and clear corporate practices. • Consistency, reliability, professionalism and flexibility have established the company as the most trusted partner of people in the sci-

entific community and Health Care Professionals. • A passion for winning: Achieving the highest performance in every segment. At MEDICARE HELLAS, we are all proud to say that in the past three and a half decades we remain dedicated to our principles but we also managed to evolve into one of the leading Greek

companies in the medical device sector. Over the years, we have consistently invested in the highest quality of our products and services. Our workforce, a team of well-trained and carefully selected professionals has always been the pillar of our success. We face the challenges of today, we set our eyes in the future and we invest in innovation with business Ethos. DIAMONDS 2021

213


DIAMONDS of the Greek Economy 2021

PET FOODS Commercial Turnover 2019: 38,557,734 € Profit Before Taxes 2019: 4,987,720 €

PET CITY

The No 1 Pet Store Chain in Greece Pet City Group was founded in 1988 as a family owned business. From 1988 to 1995 the company operated as importer, wholesaler and distributor of pet products to more than 1.500 pet shops in Greece. In 1996, the company expanded its business into retail, with our 1st retail store in Paiania, Athens. From that day on, Pet City Group has managed to become and remain the leading specialty retailer of services and solutions for the lifetime needs of pets in Greece. Up until now, there are 80 stores, 74 of which are in the centre and suburbs of Athens, 2 in Thessaloniki, 2 in Halkis

22nd Km Lavriou Ave., 19400 Koropi,Athens, Greece Tel: +30 2106644761 Fax: +30 2106644762 Email: info@petcity.gr Website: http://www.petcity.gr

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DIAMONDS 2021

and 1 in Korinthos. Recently, we celebrated the opening of our 1st franchise store in Paros island. In addition to its increasing retail stores, Pet City has also constructed e-shops in order to meet every aspect of our customers’needs. Currently holding the 32% share of the non-supermarket pet market, additional proof to Pet City’s success can be shown in numbers. With more than 3.200.000 customers annually, company sales are increasing by an annual growth of 18%, reaching a total turnover of €38.500.000 in 2019 and €45.500.000 in 2020 and estimates


to reach €54.000.000 in 2021. Pet City’s owned headquarters and logistics cover an area of 25.000m2, out of which 13.000m2 is the logistic area with a capacity of 15.000 pallets in total and 2.000m2 is the office area. A big part of Pet City’s success belongs to its 800 employees. Due to that, the company emphasizes in the constant training of all employees by providing seminars and training programmes held in Pet City Academy on a regular basis, which leads to an exceptional customer service and further evolution in company ranking. Currently the company is developing its own private label products, in some of the main categories of the market. Pet City’s stores are stocked with over 16.000 products, including top of the line brands, with hundreds of items sold exclusively in Pet City. Apart from the numerous products

in our stores, Pet City also provides pet grooming services by specialists and offers veterinarian care by trained vets in our larger stores. Moreover, customers can visit Pet City’s veterinarian centre “Vet City”, located in our Pet City store in Glyfada, equipped with the latest medical facilities and staffed with experienced veterinarians. Today, Pet City Group concentrates on developing a thorough marketing strategy so as to enhance and strengthen its relationship with Greek consumers. Being a customer-driven company, we value our customers by striving to build relations with local and international companies to further enhance our intentory in order to satisfy our existing customers and attract new ones. In terms of Corporate Social Responsibility, Pet City organizes and participates in causes for the protection of

animals and the environment. We have direct contact with animal welfare authorities and charities, supporting stray animals. Most important, we are trying to educate people into shaping a unified culture on treating animals with love and respect. Within these 33 years of successful operation we follow our values: love, trust, responsibility towards people, animals and the environment. Following our new moto “We love animals, We respect the environment” we have reduced the use of plastic to 80% by using multi-usage and biodegranable bags. The corporate goal for the next three years is to reach 120 stores in Greece, by continuing its steady expansion. Ultimately, Pet City Group aims to further expand in the next 5 years via retail, wholesale and e-shops in order to acquire 40% of the non-supermarket pet market share.

PET CITY S.A. 2018

2019

35,385,333 €

38,557,734 €

9.0

4,523,935 €

4,987,720 €

10.3

Gross Profit

17,107,182 €

18,730,048 €

9.5

Total Equity

13,306,210 €

16,560,240 €

24.5

Liabilities

10,692,610 €

6,589,075 €

-38.4

Turnover Profit Before Taxes

Change (%)

DIAMONDS 2021

215


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Commercial Turnover 2019: 37,939,538 € Profit Before Taxes 2019: 929,081 €

Supplying more than 500 pharmacies in Peloponnese, Western Greece and Ionian Islands Pharma Group, with a presence 2018 2019 Change (%) of more than 40 years in the field of Turnover 41,782,045 € 37,939,538 € -9.2 marketing, distribution and storage Profit Before Taxes 718,385 € 929,081 € 29.3 of pharmaceutical Gross Profit 2,789,369 € 2,644,077 € -5.2 and parapharmaTotal Equity 8,294,481 € 8,700,493 € 4.9 ceutical products, holds a leading Liabilities 12,778,936 € 13,840,222 € 8.3 position in the industry. Through the Pharma Group of Messinia in Kalamata, which is the center of all processes and decisions, as well as Pharma Group of Achaia in Patras and Pharma Group of Argolida in Nafplio, the firm covers the needs of over 500 pharmacies throughout the Peloponnese, the Ionian Islands and the wider region of Western Greece . From the first years of its operation, the management of Pharma Group has not stopped daring to innovate and invest in new projects and new technologies, having as its main goal the continuous upgrade of its services and, consequently, the assurance of the high quality of the provided services to pharmacies. In fact, by expanding the range of services, the company has launched private label products, already holding a significant market share in consumable pharmaceuticals with their range growing. With innovation as one of the main pillars of the company’s de29 Filopoimenos St., velopment, its ambition is to offer more and Kalamata 24134, Messinia, Greece more competitive services while ensuring the Tel.: +30 27210 84502 highest standards of safety and quality. Along with business activity and developE-mail: info@pharmagroup.gr ment, the strong footprint of Pharma Group Website: www.pharmagroup.gr in the context of corporate responsibility is evident for many years in its wider area of activ-

PHARMA GROUP MESSINIAS

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DIAMONDS 2021

ities and the Greek society in general. For the past four years, the firm has been a supporter and active member of international events with a cultural impact. It also supports sports events for people with disabilities, while constantly being on the side of socially vulnerable groups through several actions. The global health crisis that erupted last year with the advent of Covid-19, tested all industries. It is indisputable that the Greek pharmacy was on the front line during the first wave of the pandemic and pharmacists were called upon to cover the largest volume of emergency medical needs created by the pandemic. The wholesale sector in turn stood by pharmacists, taking care of their uninterrupted service, according to the then sky-rocketing needs. Pharma Group, as in its normal operation, during the Covid-19 era, took care and continues to do so of the full coverage and immediate service of its pharmacists, providing services that are constantly upgraded and adapted to new challenges and changes, arising due to the circumstances. It was and still is a reality that has now become part of our daily lives, further enhancing the feeling of constant evolution. Pharma Group will continue to further expand its activities with the aim of continuously improving and evolving services, while providing stability and confidence to its partners. Notably, the company in recent years, despite the precarious conditions in the modern workplace in general, pursues a policy of growth, constantly increasing its workforce, having as its main guide the respect for the team that staffs it. The ultimate goal of all of the above is to maintain the leading position in the field and the continuous service and support of the Greek pharmacy.



DIAMONDS of the Greek Economy 2021

PHARMACEUTICALS Commercial Turnover 2020: 47.732.284,06 € EBITDA 2020: 11.163.335,80 €

Rontis Hellas S.A.

The most innovative specialty products in the Medical Devices, Pharmaceuticals and Consumer Healthcare fields Rontis Hellas SA, the Greek subsidiary of the multinational specialty healthcare corporation, was established in Greece in 1986 by 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 become an international leader in the global healthcare industry. Currently, Rontis Hellas is active across three business divisions:

Efthalia Soultou, President & Managing Director

38 Sorou str., 151 25, Maroussi, ATHENS, GREECE Tel.: +30 210 6109090 Fax: +30 210 6108748 Email: infohellas@rontis.com Website: www.rontis.gr

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DIAMONDS 2021

Pharmaceutical Division, which aside the contract manufacturing capabilities, includes a state of the art R&D laboratory as well as out-licensing activities. Medical Devices Division, whose core pillars include the complete medical device inception, R&D, manufacturing and distribution processes of Rontis technology but also technology of leading global players in multiple healthcare fields. Consumer Healthcare Division, which promotes Rontis’ OTC products in the Infant and Adult Dermaceutical field, as well as the Rontis’ Infant Nutrition products, with a 20-year long expertise in the specific field. Rontis Corporation, Switzerland based, is proudly represented directly or through affiliated companies in 58 countries. At a country level, Rontis Hellas is one of the most active and reliable players in the Greek Healthcare industry by investing heavily in infrastructure, as the Turnover company operates 2 man- EBITDA

ufacturing plants and 2 R&D centers. Over the years, Rontis Hellas has reached a leadership position amongst the suppliers of the Greek public and private healthcare sector. Rontis’ brand name is particularly familiar to the Greek Medical community for its credible supply and leading position in the field of orthopaedics, bloodlines and blood transfusion. Rontis Hellas has built strong expertise and is being recognized for the distribution of orthopedic implants (including osteosynthesis, arthroplasty & sports medicine), general surgery disposables as well as capital equipment that captures the latest technology available internationally. Over the years Rontis Hellas has built a strong track record of supplying quality bloodline products that are manufactured and sterilized in-house and distributed to the majority of the Greek haemodialysis clinics. Last but not least, Rontis is one of the primary players in Greece in the field of providing blood processing technology to blood banks, hospitals and therapeutic applications, while most recently we have expanded our presence in the blood bag market segment. At Rontis we are deeply committed to give back to society and vulnerable groups. We aim to lead, through our social activities, the area of corporate social responsibility in order to contribute in our way to building a “social culture”, with a focus on our fellow human beings.

Rontis Hellas S.A. 2019

2020

35.579.881,16 €

47.732.284,06 €

6.220.005,60 €

11.163.335,80 €


35 Years of designing and delivering the most innovative specialty products in Medical Devices, Pharmaceuticals and Consumer Healthcare www.rontis.gr

Pharmaceuticals

Medical Devices

Consumer Healthcare


DIAMONDS of the Greek Economy 2021

BEVERAGES

LOUX MARLAFEKAS SA

Industrial Turnover 2019: 35,3 million €

Ioannis Marlafekas, President & CEO

88 Agiou Stefanou St., Saravali, 265 00 Patra, Achaia, Greece Τel.: +30 2610 529680-1 Fax: +30 2610 529682 Email: info@loux.gr Website: https://www.loux.gr/

220

DIAMONDS 2021

Loux: Α purely Greek soft drink and juice company which, for 70 years now, is side by side with the quality Loux-Marlafekas, which celebrated 70 years of tradition and history, is the largest 100% Greek soft drink and juice company, and one of the fastest growing Greek companies in the market, steadily occupying the second place in market share of soft drinks overall, among powerful multinationals in the industry. The firm proves that stands out among the most successful Greek companies and follows stable profitability as in 2019 its sales reached over €35,3 million with an increase of 2,44% compared to 2018. Today, Loux operates three privately owned state-of-art units in Peloponnese that extend across an area of 33.000 m2 for the production and distribution of its products and the vertical integration of production of P.E.T packaging. In 2008 Loux concluded special partnerships with logistics

center in the wide area of Attica and since 2016 in Thessaloniki, aiming at covering the constantly increasing needs for reduction of transportation costs and delivery time of the products. Loux currently employs a staff of 130 -including external workers- in Achaia, Athens and Thessaloniki. This is complemented by a nationwide distribution network comprising of approximately 500 representatives, which enables Loux products to reach over 75.000 points of sale. During the past decade, Loux has achieved not only to maintain its working positions but also to increase its workforce by 102%. Keeping up with the growing demands of the market, the firm has implemented the last decade an upgrade investment plan, valued at more than €20 million, including the investments of € 6 million in a new production line, followed by a 2 million euro worth in-


vestment in technological equipment for 2018-2019. Loux soft drinks and juices reach every corner of the country as well as more than 27 countries worldwide, from USA to Singapore. Meanwhile, as a next step, the company turns its attention to the consolidation of its activity on the Nordic countries. Loux introduced an innovation at international level with the new generation of innovative light soft drinks loux plus’ n light, with 100% natural sweeteners, high level of vitamin C in orange juice and in lemon juice and 60% less calories. The company also launched in 2017 the loux plus ‘n light tea, in peach, red fruit and lemon flavors following the philosophy of plus ‘n light products. The significant presence of Loux in the market since 1950, has led to receive multiple distinctions over the years. One of the most important highlights was in 2014 when Loux was named as the “Supporter of the Greek Presidency of the EU Council”, turning Loux into the official soft drink of the Greek Presidency. In addition, March 2016 was linked to the announcement of Loux as “Public National Champion” in the European Business Awards 2015. In addition, Loux’s products were the first Greek refreshments to be selected as the Top Superbrand in the category of non-alcoholic beverages, at the competition of “Superbrands”. Furthermore, Loux achieved double success at Made in Greece Awards 2017, receiving an award for “Most Famous Greek Product” and a prize for “Excellence in Business”, while at 2018 was also honored for its business excellence at the Creative Greece Awards 2018. Loux was awarded as “Top Corporate Brand

2021, the company won the “Export Leaders Awards” for its performance in the field of extroversion at the “EXPORT LEADERS FORUM 2021”, while more recently it was distinguished as a key supplier of the largest supermarket chains at the Commerce and Industry Awards 2021. Furthermore, Loux is one of the founding members of the Initiative “ELLA-DIKA MAS”, a union that includes certified enterprises for their Greek headquarter, Greek production and Greek ownership, which aim to boost Greek Economy. The company implements a wide range of CSR strategies by supporting social, sports, cultural and environmental initiatives. Loux has actively supported the “Mission”, the Charity of the Holy Archdiocese of Athens, OKANA, “Agkaliazw”, Aimodotis”, ELEPAP, “Alma Zwis”, “Agapi”, Hellenic Red Cross etc. Moreover, the firm created a free mobile application, Loux plai-plai, through which offered 1€ to the National Health System with each download of the free application. Recently, Loux contributed to the spread of the messages of the campaign “Ena sta Pente” to stop sexual violence against children.

in Greece” at the competition of Superbrands for 2018 and for 2019. Moreover, the company was honored with the “Regional Excellence” Award in the “Greek Value 2019” of Greek Industries’ Association for its contribution to the growth and cohesion of West Greece. The innovative series of loux plus ‘n light and loux plus ‘n light tea won the Silver Award in Healthy Diet Awards 2020 at the section of Light Product of the Year and specifically at the category of “Light Beverage Products” and more recently Loux was distinguished as “Firm and Tradition” at the EVEA ceremony for its contribution to the Greek economy. On July 2020 the firm won the 2nd Silver Award in the category of SUPPLIERS BRAND CAMPAIGN for the campaign “Louxaro Kalokairi” in Retail Business Awards 2020. Recently, Loux was awardLOUX MARLAFEKAS SA ed with a gold medal for its 70 2018 2019 Change (%) years of tradiTurnover 34,490,787 € 35,333,594 € 2.4 tion and history 4,188,998 € 10,892,158 € 160.0 at the 20th an- Profit Before Taxes nual Marketing Gross Profit 20,121,227 € 20,604,245 € 2.4 & Sales ConferTotal Equity 32,049,677 € 39,141,120 € 22.1 ence. Starting 8,281,348 € 9,616,751 € 16.1 dynamically in Liabilities DIAMONDS 2021

221


DIAMONDS of the Greek Economy 2021

ALUMINIUM SYSTEMS Industrial Turnover 2019: 32.6 m € Profit Before Taxes 2019: 765 K €

EUROPA PROFIL ALUMINIUM S.A.

A company committed to making our world a better place! Anous K. Tzirakian, Vice President, Chief Executive Officer

56th km Athens-Lamia National Road, Inofita, Viotia 32011, Greece Tel: +30 22624 40000 Fax: +30 22620 31570 E-mail: info@europaprofil.com Web: www.europaprofil.com Main Showroom 108 Kifisias Ave., Marousi, Athens Tel.: +30 210 8021 317 Fax: +30 210 9604 514

222

DIAMONDS 2021

EUROPA PROFIL ALUMINIUM S.A. was founded in 1974 by Lybaret T. Tzirakian and Krikor Tzirakian, and is based in Oinofyta, Viotia in a land plot totaling 170,000 sq.m., with production facilities and offices taking up 35,000 sq.m. Today, 47 years after its establishment, Europa is one of the largest and most well-known extrusion industries in Greece, with more than 400 employees and activities spanning more than 30 countries worldwide. Through advanced technological equipment and specialized staff, Europa designs and manufactures innovative aluminum architectural systems for home, commercial and hotel construction, as well as industrial profiles for technology applications, renewable energy sources, and other industries. Belief in Europa’s vision and commitment to its goals, which go far beyond the development of an aluminum processing industry, are the key pillars of stability. These aspects, combined with the emphasis on human resources and

R&D for innovative product design, reflect Europa’s upward trend and its leading position in Greece and abroad. FACTS • More than 45 years of specialization in aluminum extrusion. • More than 400 employees. • 3 extrusion lines, with an annual production capacity of up to 25,000 tons. • 5 Corporate Showrooms in Athens, Thessaloniki, Tripoli, Arta, and Heraklion, Crete. • 2,000 fabricator points with the Europa brand. • More than 70 fabricator showrooms, named EUROPA CLUB. • More than 50 products certified as per Greek and global standards. • International presence in more than 30 countries: Central and Western Europe, Cyprus, Balkans, USA, Canada, Australia, Middle East (MENA Region), Sub-Saharan and Northern African countries.


VISION To be an added-value partner for both customers and end users, by providing them with top quality, innovative aluminium systems, professional support and efficient after sales service, while fulfilling our commitment towards society, our people and the environment.

VALUES • Integrity. • Honesty and reliability. • Flexibility and adaptability. • Responsibility to people and the environment. • Teamwork and recognition of team effort.

MISSION At Europa, we constantly invest in increasing the value we offer to both our partners and end users. From continuous research and development to design and production of innovative aluminium systems for architectural and commercial use, we focus on building sustainable, long-lasting relationships, offering added value. Consistent with our core competencies, flexibility, reliability, sustainability and credibility, we are committed to building a better future for everyone.

EUROPA CARES One of the central pillars of the strategic planning of EUROPA PROFIL ALUMINIUM S.A. is corporate responsibility, through a series of actions related to the protection of the environment, employees, and the support of the local community. Europa recognizes that its success depends on both the quality of its products and the services provided to its partners as well as how it interacts with stakeholders as a whole.

EUROPA QUALITY At Europa, the term Quality is associated with commitment, continuity, reliability, and specifications; it is a holistic approach expressed in the interaction with Europa associates, employees, suppliers, local communities, and, of course, the environment. Europa was the first company in the aluminium extrusion industry in Greece to be certified as per ISO 9001 from Bureau Veritas. The firm is also certified as per ISO 14001:2015 and ISO 45001:2018. The electrostatic coating unit operates under international certificates QUALICOAT, QUALIDECO and Seaside Class, that guarantee that final products are free of painting production defects. Europa, a brand name synonymous with quality and the concept of luxury, enjoys widespread trust as a firm of high reliability.

EUROPA PROFIL ALUMINIUM S.A. 2018 Turnover Gross Profit Total Equity

2019

29,237,174 € 32,636,679 € 7,011,733 €

Change (%) 11.6

7,903,576 €

12.7

51,048,953 € 50,648,458 €

-0.8

DIAMONDS 2021

223


DIAMONDS of the Greek Economy 2021

ETEM

A leading aluminium extrusion company in Southeastern Europe

info@etem.com www.etem.com

224

DIAMONDS 2021


Etem is a leading aluminium extrusion supplier and a fully integrated designer and producer of architectural systems and aluminium profiles for the automotive industry and other industrial applications. Founded in 1971, with 50 years of experience and continuous presence in both design and production of profiles for architectural systems and different industrial applications, the company is com- mitted to serving its customers with value added products and services. Currently aluminium profiles and parts for the automotive industry are produced by Etem Gestamp a new joint venture between Etem and Gestamp. Etem has become a global aluminium company, exporting in more than 57 countries, offering continual and uninterrupted delivery of quality products to global customers. Etem products are the preferred choice for significant building projects, throughout the world. Etem’s objective is to design and produce products that help people improve their every-day living in a residen-

tial, commercial or professional environment. Focusing on innovation, investment in capital equipment and personnel development, the Company offers a wide range of products for architectural systems, profiles for practically any use and profiles and parts for the automotive and other industries. These are energy-efficient products that are recyclable beyond their operating lifespan. The Etem group strives to achieve continuous and responsible growth, based on the sustainability principles. The Etem group’s operations and development follow the international standards of corporate responsibility, to protecting the environment, implementing responsible employment practices, to provide a safe working environment for its people, as well as supporting and co- operating with the local communities. Company’s production facilities are certified with the international standards, ISO 9001:2015, and ISO 14001:2015.

DIAMONDS 2021

225


DIAMONDS of the Greek Economy 2021

COSMETICS Commercial

INTERMED S.A.

Value for people, responsibility towards Society

27 Kaliftaki St., 145 64, Κifissia, Attica, Greece Τel.: +30 210 6253 905 Fax: +30 210 6253 906 http://www.intermed.com.gr/

226

DIAMONDS 2021

InterMed was founded in 1996 by Kleon Tsetis, a restless pharmacist who envisioned a pioneer manufacturing industry in the medical field, to contribute to the care treatment of everyday needs, as well as specific health and well-being issues that affect modern humans. During the years of its operation, InterMed has demonstrated a continuing upward course, focusing on exploring future prospects with regard to international scientific developments and constantly expanding its product portfolio, which is prominent for innovation and quality. The result of this course has been the establishment of InterMed in the Greek and international markets with brands such as Algofren, Unisept, Chlorhexil, Eva, Reval, Luxurious, and others. The firm now exports to as many as 36 countries around the world. The firm’s corporate strategy and contribution to the community are supported by its continued efforts for development, and the commitment and expertise of its experienced and well-trained personnel. InterMed stands out not only for its dynamic brand and financial results, but also

for its Social Responsibility Strategy, just like its subsidiary Uni-pharma. This was evidenced once again during the biggest health crisis, the Pandemic COVID-19. Specifically, a month after the huge donation of Unikinon (chloroquine) by Uni-pharma, on April 27, 2020, the CEO of OFET, pharmacist MSc, member of BoD SEV, president of Global Compact Network Hellas, Ioulia Tsetis, made another donation to the health care system, this time of antiseptics - more than 14,000 liters of antiseptics. In addition, in November 2020, InterMed supported with antiseptics, the EODY and especially the Mobile Health Groups. Cutting-edge Technology We are committed to research, since innovation is our daily concern, in order to offer solutions of high added-value and quality. The R&D Department collaborates directly with both the Quality Control Department and the Production Department. In addition, this department monitors new legislation related to InterMed activities, as well as innovations in pharmaceutical and cosmetic technology, thus ensuring that InterMed is in the forefront of industrial development.


Support Program - for its contribution to the Greek & Cypriot health system during the pandemic, and especially for the large donations of chloroquine & antiseptics. Award for ETHICAL BUSINESS and responsible entrepreneurship, with the RHETORIC OLYMPIC WREATH award for the Tsetis Pharmaceutical Group of Companies, during the 13th RESPONSIBLE MANAGEMENT EXCELLENCE AWARDS Award Ceremony, 2020. Commitment to Quality InterMed’s basic commitment is to identify and meet the needs of modern people by applying the current legislation and continuously improving customer satisfaction, product quality, social and environmental contribution. InterMed manufactures its products in accordance with applicable Good Manufacturing Principles (GMP) using pure grade raw pharmaceutical materials. Awards and Recognitions Throughout the years, InterMed has received numerous awards by both national and international institutions for its innovative products and business practices. Indicatively, some of these awards are listed below: EFQM Recognized for Excellence - 5 stars: Throughout the ten consecutive years that the company applies the EFQM Business Excellence Model, ΙNTERMED has managed to combine business development with continuous improvement in business processes in key functional areas and to keep raising standards of excellence every time. Gold Award for the product EVA MYCO-

SIS at the BEST IN PHARMACY 2018. Eva Mycosis has been awarded as the most innovative product in the Greek pharmacies. Gold Award - Pharmacy Market Excellence Awards 2017, for the Scientific Training of Pharmacists. “Most Influential Brand”, in the context of the Healthplex Expo, Natural & Nutraceutical Products China 2017, which took place in Shanghai in June 2017. Golden Award at the Iatronet public vote, for the Luxurious Suncare Invisible Spray, a transparent sunscreen spray with vitamin C, by InterMed, as part of the 11th Health Expo Athens, on February 8, 2020 at the Athens Concert Hall. Uni-pharma & InterMed, were awarded with 5 important distinctions for Occupational Safety, Health and Culture, at the Health & Safety Awards 2020 Ceremony on Thursday, June 11 at the American College Two very important awards were received on the night of Tuesday, July 21, 2020 for InterMed and Uni-pharma at the Patient Partnerships Awards 2020 event. The Tsetis Pharmaceutical Group of Companies received a SILVER distinction Most Valuable Covid-19 Pandemic Patient

In the family of Sustainability Responsibility & UN Global Compact Uni-pharma is a proud member of the United Nations Global Compact by complying with the 17 goals, such as, sustainable development, environmental protection, abolition of child labor and eradicating corruption. Tsetis Pharmaceutical Group of Companies also belongs - as of December 2020, to the leading group of “The Most Sustainable Companies in Greece 2020”, i.e. companies with the greatest sustainable growth. These 25 Greek model companies are highlighted in the Business Charter of Sustainable Development in our country. They operate as examples of good business and ethical practice. This is a technical evaluation, carried out by the executives of the Quality Net Foundation Network. A robust CSR Strategy that entails significant actions and initiatives for the environment, access to health services, quality of life and well-being, science & youth, cultivating a culture of voluntarism and solidarity.

Intermed

Group OFET

2017

2018

2019

2020*

2021*

Sales

23,624

25,768

29,342

34,547

34,500

Sales

yoy %

10.0%

9.1%

13.9%

17.7%

-0.1%

yoy %

Net Sales after Clawback & Rebate

22,848

24,799

28,382

34,064

34,000

yoy %

11.7%

8.5%

14.4%

20.0%

-0.2%

2,248

Ebitda

2,996

1,591

yoy %

-6.5%

-46.9%

Profit AfterTax

1,558

468

yoy %

-8.3%

-70.0%

2017 85,117

2018

2019

91,664 103,255

2020*

2021*

114,693 119,500

7.7%

12.6%

11.1%

4.2%

78,765

85,656

97,379

107,364

115,000

yoy %

5.2%

8.7%

13.7%

10.3%

7.1%

Net Sales after Clawback & Rebate

5,000

4,000

Ebitda

10,337

11,757

15,860

18,000

18,000

41.3% 122.4%

-20.0%

yoy %

6.7%

13.7%

34.9%

13.5%

0.0%

3,000

2,800

Profit AfterTax

2,657

2,952

7,185

9,000

9,000

134.2% 173.7%

-6.7%

yoy %

6.6%

11.1%

143.4%

25.3%

0.0%

1,096

*Figures for 2020 are not final as the company has not yet received the total Clawback charge, which has only been estimated. A final figure will be available at the end of June. *Results for 2021 are also forecast, according to data available so far (June 16, 2021).

DIAMONDS 2021

227


DIAMONDS of the Greek Economy 2021

PHARMACEUTICALS

GAP S.A

Industrial

Together in health, growth and innovation since 1949 GAP is among Greece’s most dynamic and aspiring pharmaceutical companies, operating in three (3) principal areas: • Production and distribution of generic and OTC products in the Greek and International markets (main fields of interest: Cardiovascular/Central Nervous Systems/ Infections/Antiulcerants); • Development and distribution of EVIOL soft capsule technology products (Vitamins, Food Supplements); • Contract manufacturing of soft capsules in its state-of-the-art facilities.

Manufacturing site: 46 Agissilaou St., 17341 Agios Dimitrios, Athens, Greece Offices: 99 Poseidonos Ave., 16674 Glyfada, Athens, Greece Tel.: +30 210-9310980-4 Fax: +30210-9338759 Email: gap@gap.gr Website: www.gap.gr www.eviol.gr

228

DIAMONDS 2021

GAP’s unwavering commitment to the QUALITY, SAFETY and EFFICACY of its products, from the beginning of production to the final product, have won the trust of healthcare professionals and patients, making the company a leader in the therapeutic categories in which it operates. It is one of the companies that have laid the foundation for the Greek pharmaceutical market. At the same time, the firm’s export activities are continuously expanding, aiming at penetrating into even more markets worldwide. Leader in Vitamins and Food Supplements with the EVIOL range Since 1978, with the creation of the first oral vitamin E in the innovative form of a soft capsule, the EVIOL Research and Development department at GAP focuses its research efforts on good health and quality of life, developing the

EVIOL range of Food Supplements. • EVIOL range of Food Supplements are of high quality and nutritional value using the high-tech soft capsule technology to provide all the necessary nutrients that in combination with a balanced diet help in the body’s proper functioning and maintaining good health and quality of life. Greece’s first soft capsule manufacturer One of GAP’s major activities is the contract manufacturing of soft capsules. The company applies soft gelatin capsule technology since the 1970s. GAP’s facilities cover 5,500 sqm, which include the areas of production, technical support, quality control, research & development and storage. As a specialized partner in soft capsule manufacturing, GAP’s GMP EU-compliant facilities provide: • Soft capsule Production Lines for pharmaceuticals, food supplements and cosmetics. • Soft capsule Production Line for highly toxic drugs and hormones. • Manufacture of any shape, size, color or fragrance in accordance with customers’ specifications. • Printing of any logo or text on soft gels. Dynamic presence in international markets GAP distributes a large number of products to more than 30 markets in Europe, US, Canada, Middle East, Far East, and Africa.



DIAMONDS of the Greek Economy 2021

CHEMICAL PRODUCTS Industrial Turnover 2020: 26,678,695 € Profit Before Taxes 2020: 2,481,562 €

VIORYL S.A.

Exports accounting for 40% of annual sales 10% of the turnover on R&D activities

Nikitas Ragoussis, Managing Director

28th km Athens-Lamia National Road, Afidnes 190 14, Greece Τel: +30 22950 45 100 Fax: +30 22950 45 250 Email: vioryl@vioryl.gr Website: http://www.vioryl.gr/

230

DIAMONDS 2021

VIORYL SA is a Greek company established in 1946, mainly engaging in the development, production and distribution of industrial fragrances, flavours, fine chemicals, as well as plant nutrition and protection products. VIORYL’s premises are located in Afidnes, Attica (headquarters and research labs) and Thiva, Boeotia (production and warehouse). Thanks to large investments in state-of-the-art technology as well as in qualified personnel, the company is nowadays the Greek market leader, supplying clients with innovative, high-quality products. The dynamic evolution in scientific research, combined with the firm’s commitment to quality and collaboration with customers, provide VIORYL with a competitive advantage that has earned the company an excellent reputation worldwide, contributing to its continuous growth. Every year 10% of the turnover is spent on R&D activities, sup- Turnover porting four Profit Before Taxes major research Gross Profit programs in Total Equity the research laboratories of Liabilities

the company in Afidnes, where 54 scientists (chemists, chemical engineers, agronomists and technicians) are employed. The company’s portfolio includes: fragrances (industrial use), flavours (industrial use), fine chemicals (mainly natural flavor ingredients), plant health products (nutrition of plants and pest management, used in both conventional and organic farming) and insect repellent consumer products. VIORYL’s sales in 2020 topped 26.7 million euros, demonstrating consistent year-over-year growth. A substantial part of VIORYL’s growth comes from exports, which in 2020 accounted for 40% of its total revenue. The company has presence in countries in Europe, Africa, Middle East, Far East and North America, with a steady expansion every year. VIORYL S.A. 2019 26,082,409

2020

Change (%)

26,678,695

2,3

2,150,636

2,481,562

15,4

10,214,379

10,622,439

4,0

12,926,397

14,059,474

8,8

10,775,142

10,926,273

1,4



DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS

ANFARM Hellas S.A.

Industrial

A leading EU GMP manufacturer of quality generics since 1967

Head Offices: 4 Achaias Str & Trizinias Str, Kifissia, Athens 145 64, Greece, T: +30 210 6831632 Manufacturing Site: 61st km National Road Athens -Lamia, 32009, Schimatari, Greece, T: +30 22620 58391 R&D Center: 4 Achaias Str & Trizinias Str, Kifissia, Athens 145 64, Greece, T: +30 210 6831632 Logistics Center: 72nd km National Road Athens -Lamia, 32009, Schimatari, Greece, T: +30 22620 41250 info@anfarm.com www.anfarm.com

232

DIAMONDS 2021

ANFARM Hellas SA, an EU GMP Pharmaceuticals’ Manufacturer, was established in 1967 by its founder and President Mr. Apostolos Nicolaou, with the mission to develop, manufacture, and make quality generic pharmaceuticals available on a global scale. By investing in Technology, Research, and state of the art Manufacturing Facilities, ANFARM has become a leading manufacturer of pharmaceutical products - while also being a reliable partner for many international companies. Its international activities range from licensing to exports and contract manufacturing for more than 120 countries in Europe, Asia, Canada, and Africa as well as in emerging generic markets such as the MENA, LATAM & APAC regions. ANFARM’s main pillars of expertise and growth are: 1. Out Licensing & International Sales 2. Contract Development 3. New Product Developments 4. Technology Transfers & Contract Manufacturing 5. Development / Optimization of Lyophilization Cycles With state-of-the-art manufacturing facilities in Schimatari, ANFARM: • Has the capacity to manufacture over 30 million vials of lyophilized products annually in four separate production lines. • Manufactures its liquid sterile products either aseptically in the sterile areas of class A / B environment or via terminal sterilization. • Is equipped with fully upgraded and automated process for the filling of sterile penems to vials of multiple filling volumes producing 15 million vials annually. ANFARM’s R&D Center acts as a Development Center for new generics for ANFARM as well as for third parties, as a CDMO. Both development and transfer activities are performed through the collaboration of the Formulation and Analytical Development Sub-units and aim at preparing the contents of the technical dossiers for filling through DCP and National Registration Procedures. ANFARM conducts its operations in full accordance with the European Good Manufacturing Practice (GMP) regulations



DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial Turnover 2019: 25,353,224 € Profit Before Taxes 2019: 601,274 €

ELVIDA FOODS S.A.

Elvida Foods Passion for qualitative and delicious authentic Greek Food! Elvida Foods is among the leading companies in Greece in the production of Authentic Gyros, Souvlaki and meat based products. It is the company that initiated the industrial production of Frozen Gyros and Souvlaki 16 years ago.

40 Stylianou Gonata St.,12133, PERISTERI, Athens, GREECE Tel: +30-2105785051, Fax: +302105785052 Email: info@elvidafoods.gr Website: www.elvidafoods.gr, www.hellenicgyros.gr www.nostimost.gr

234

DIAMONDS 2021

• In 2002, “Hellenic Gyros” established one of the first production lines of Gyros in Greece. The production line for us is not only mass production but also standard level of quality, specifications of products, and advanced production methods. With the addition of the excellent choice of ingredients and the personalized customer service, all resulted “Hellenic Gyros” in being the market leader in just a few years.

• In 2006 the shareholders structure changed and new development paths were created. Other product categories were launched to be addressed not only to Grill Houses but also to restaurants, hotels and the retail market. Hellenic Gyros, our historic brand name, remained and we initiated Nostimost as an additional brand name dedicated to retail. At the same time we changed our corporate name to Elvida Foods to reflect our new product lines and expand our presence to new export markets. • Since the first years of its operation, ELVIDA FOODS remains focused to the high quality and safety of its production lines. They are all certified according to ISO 22000, IFS, BRC standards. Due to automatic


ELVIDA FOODS S.A 2018

2019

21,334,404 €

25,353,224 €

18.8

389,332 €

601,274 €

54.4

Gross Profit

-

-

-

Total Equity

8,315,474 €

8,732,232 €

5.0

Liabilities

9,021,800 €

11,834,397 €

31.2

Turnover Profit Before Taxes

traceability and the minimization of human intervention, we can support with real data the constant high quality of all of our products. It is our pride that the ELVIDA FOODS factory has been successfully audited 3 times for best practices by the European Federation of Food Safety Authority (EFSA). • In recent years, Elvida Foods has participated in all national committees and initiatives in order to establish official norms and

specifications for the production methods of several traditional Greek products including Gyros and Souvlaki. Additionally, we have taken several international initiatives to protect the authenticity of Greek Gyros. From day one, ELVIDA FOODS’ export strategy was directed to the end consumer through retail stores all over the world. Today, ELVIDA FOODS operates in Europe, USA, Canada and the Arabic Peninsula, exporting products to more than 20 countries

Change (%)

all over the world. Recently, Elvida Foods completed 3 different investment programs, investing more than €3 million. Our premises now cover 6,000sqm and we never stop investing in state-ofthe-art machinery and most of all, people. “The highest level of our 150 employees here at ELVIDA FOODS and our passion for quality and delicious authentic Greek food, will always be the key drivers for our success in the future,” commented CEO Dr Stelios Skaribas.

DIAMONDS 2021

235


DIAMONDS of the Greek Economy 2021

CONSTRUCTING & MANUFACTURING

SOLERGON S.A.

Industrial Turnover 2019: 23,039,699 €

Your trusted partner for industrial fabrication and construction SOLERGON S.A. is a construction company involved mainly in the energy, Oil & Gas and industry sector. Established in 2005, SOLERGON is a recognized, trusted partner committed to fabrication and erection projects having as main principle the fulfilment of quality assurance and time schedule targets. SOLERGON specializes in the construction of integrated projects while its areas of expertise include the following:

Anastasia Karaliopoulou, Chief Executive Officer

57 Kefallinias St., 11251, Athens, Greece Tel: +30 210 86 75 229, Fax: +30 210 38 00 733 Email: solergon@solergon.gr Website: www.solergon.gr

236

DIAMONDS 2021

• Fabrication, including detailed engineering, of composite steel structures; • Fabrication of high pressure parts, boiler parts, preassembled equipment, vessels, complete conveyor systems, ducts, pipe racks, steel buildings; • Erection of Harbor Cranes; • Energy Turn Key Projects in thermal power plants; • Cogeneration (electrical power, heating, cooling); • Turn Key PV parks;


• Erection and Maintenance of boilers, Gas Turbines and industrial equipment; • Erection of Piping and HP piping systems; • Electrical engineering (LV, MV, I&C), Detail Mechanical Engineering. In a highly competitive environment, our projects, structures and personnel are quality certified as per the latest EN standards for production control, quality procedures, safety at work and environmental protection. The company is headquartered in Athens and the manufacturing facility – workshop - is in Western Macedonia, close to Greece northern borders, a sensitive area basing its current growth on thermal power plants and skilled technical staff. The factory is in a proprietary area of 28.000 m2, with production covered area of 5.000 m2 to be expanded with another 2.500 m2, and properly equipped to perform fabrication of complex steel structures and piping. SOLERGON is active in Greece and Cyprus while exports steel structures

and erection services to EU countries, conducting business within the rules having as main target an extrovert of fairness, integrity, honesty, respect and responsibility towards society. and innovative profile. SOLERGON keeps investing in peoThe company employs technical staff of 180 individuals plus 25 dipl. ple and facilities, creating a safe workengineers while occupies 150 individ- ing environment and outreaching the Greek borders. Our people have been uals from subcontractors. A significant part for the compa- and will be our main asset, since their ny’s growth comes from the coop- skills, motivation and team work are eration with major clients such as the main driver of company success, TERNA, PPC, MITSUBISHI, BONATTI, further development and sustainability of our sector. MOTOROIL, ELPEDISON and FAM. While the energy sector, our main Having a successful and upward course substantiating its credibility in business, is rapidly changing to the the field of construction and manufac- new era of “lignite phase out”, we turing, the company has grown over the are changing our business strategy, years, continuously investing in people, co-operations and production plans. We are confident that we will succeed facilities and new machinery. SOLERGON is identified by the ac- in the frame of development and suscountability of its people and perfor- tainability of our sector. mance of duties always having SOLERGON S.A. as first concern 2018 2019 Change (%) to satisfy the project needs Turnover 15,890,222 € 23,039,699 € 45.0 through sucTotal Equity 11,795,398 € 13,470,937 € 14.2 cessful technical 8,511,581 € 6,304,148 € -25.9 solutions while Liabilities

DIAMONDS 2021

237


DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial

Omega S.A.

Traditional Products of high quality OMEGA SA is a Greek family owned food company specialized in the sectors of rice, pulses, pet food and pet care products. The company was founded by Mr Konstantinos Konstantakopoulos in Kalamata Greece in 1978 aiming to offer excellent quality rice and pulses under the brand OMEGA, throughout the Greek territory by incorporating the values and knowledge of its owner in producing superior quality agricultural products. Today under the leadership of Mr Georgios Konstantakopoulos, OMEGA takes pride in being an established company in the Greek market , with its brand OMEGA holding a leading place in the market and offering the supreme values of Greek tradition, health following best business ethics and practices , for the consumers, the professionals and the producers.

Sperchogeia Messinias Kalamata Ind.area Tel: +30 27210 69346 Kyrillos Hill Location Fousa Aspropyrgos, Attica Τel: +30 210 5582400 / 210 5579856 Fax: +30 210 5596163 Thessaloniki Kalochori Ind.area Tel: +30 2310 784345 Email: info@omega.com.gr Website: www.omega.com.gr www.omegapet.com.gr

238

DIAMONDS 2021

In 2005 the company invested in the pet food industry by acquiring Le Chef and Breed Line brands. Today these brands hold a leading position in the market and OMEGA has expanded its portfolio to a wide range of products to cover the differentiated specific needs of the pet owners. Additionally OMEGA is the exclusive partner of AFFINITY PET CARE in Greece. The food portfolio expanded in the Cooking and Confectionary products and breakfast cereals. OMEGA S.A . owns a 15.000 m 2 plant in Kalamata Greece for the processing of Rice and Pulses and two more privately-owned distribution centers in Aspropyrgos, Attica, and Thessaloniki. A privately owned fleet of 24 dry cargo trucks and over 120 employees are dedicated to offer the company’s products

even in the most remote and secluded areas of Greece. The company is certified with ISO22000 and works systematically to further enhance and secure the optimum quality of its products. The Quality Control department, equipped with the latest technology, conducts daily controls in order to maintain its excellent quality. OMEGA products are widely known and appreciated by the Greek family for over 42 years and gain the preference of the global markets since the company prioritizes expanding its presence also in the external markets. The products of OMEGA are designed to offer superior quality and excellent taste implementing the company’s vision to enhance the every day family diet with natural products that contribute to a healthy, balanced and quality life and well being.



DIAMONDS of the Greek Economy 2021

CHEMICAL PRODUCTS Industrial

NEOKEM S.A.

Powder Coatings for Aluminum Architectural Systems Since 1972 we have been developing long-term relationships with our customers both in local and international markets. Together, we design added value and innovative solutions for high-end powder and industrial coatings, while remaining flexible to market challenges. Sustainable business practices are a top priority at NEOKEM. Our products are all environmentally friendly and toxic-free. We are the unquestionable leaders in Greece’s domestic powder coating industry. At the same time, we operate successfully on a global level. Our success is our people! NEOKEM

highly values their loyalty, team spirit, expertise, support and responsibility.

Why ΝΕΟΚΕΜ?

Consistent high quality For over 30 years, all of our powder coatings are produced in our state-ofthe-art manufacturing facilities. Innovation We focus our creativity, research and expertise on supporting your needs with innovative products and services. Aesthetics and Durability Aesthetics and durability are of primary importance to us. We follow the latest developments and cooperate with the best professionals. The result is powder coatings that combine the perfect look with high durability. Our coatings protect, aesthetically enhance and add value to your construction. Performance All products are designed to provide optimum performance in all applications.

95 Ag. Georgiou St., GR 194 41 Koropi Attiki, Greece P.O. BOX 143 Tel: +30210 6626860 Fax: +30210 6625305 E-mail: info@neokem.gr

240

DIAMONDS 2021

Affordability Our advanced products meet the preferences of the market, while offering the best value for money. They are as affordable as they are outstandingly long-lasting. Certifications Our architectural products are approved by the European Aluminium As-

sociation’s Qualicoat, Qualideco and the German GSB. NEOKEM offers anticorrosion powder coating systems approved by Qualisteelcoat and QIB. Service We are able to swiftly respond to our customers’ preferences in the best possible way, through our extensive network of subsidiaries and sales partners, both in Greece and abroad. Cooperation We design and develop high-quality powder coatings in cooperation with wellknown architects and interior designers. We seek to ensure the maximum number of advantages for our partners, providing a full range of colors, as well as high-end technical and customer support. Environment Commitment to environmental values is our priority. We take extra care in producing environmentally-friendly products. We also make sure we keep up-to-date with the latest environment friendly developments. Application of NEOKEM powder coatings on modern and iconic buildings Our long-term presence in the powder coatings market and our cooperation with aluminum industries, coaters, modern architects and aluminum fabricators has resulted in the use of NEOKEM powder coatings in modern and iconic buildings, hotels, restaurants, etc.


Since 1972

Development and Production of high quality coatings

Since 1986

Innovation, research and production in Powder Coatings for aluminum architectural systems, industrial and other uses

Since 2006

Specialization and production in Super Durable Powder Coatings with excellent resistance to difficult outdoor conditions

Today

During the last 20 years, we have established a dynamic international presence in more than 25 countries

Aesthetics built to last Costa Navarino, Color 518 Sahara Haven

For more info about our sales network you may visit our website

www.neokem.eu


DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial Turnover 2019: 19,464,585 €

Profit Before Taxes 2019: 882,101 €

Haris Anagnostopoulos, Chief Executive Officer

OLYMPIA-XENIA A.S.A

OLYMPIA-XENIA olives and extra virgin olive oil: greek traditional products from mother earth fitting the requirements of mediterranean diet

Chiou 2 , 14568 Krioneri, Athens Tel: +302106220068 Fax: +302108160042 Email: info@olympia-oliveoil.com Website: https://olympia-oliveoil.com/en/

242

DIAMONDS 2021

OLYMPIA-XENIA A.S.A., was established more than five decades ago. A story of quality devoted to the most valuable goods of the Greek nature. A route of taste, with authentic Greek natural products, that have earned an international recognition, like the olives, the extra virgin olive oil and the olive paste. Also products like pickles, capers and gherkins. All of them promote a healthy life style based on the Mediterranean diet. OLYMPIA-XENIA A.S.A. bases its philosophy on the tradition of Philoxenia,

the Greek word for hospitality. In this historic place with tradition in Philoxenia, OLYMPIA-XENIA became a host who offered for the rest of the world to enjoy all the precious goods of our land. In OLYMPIA-XENIA we trust our customers as guests. We look after them by offering them the best our land produces under excellent quality, hygiene and service. Passion of Life: this is tradition in this part of the world, since antiquity. The human element in co-ordination with nature. Endurance and longevity, wisdom and


OLYMPIA-XENIA A.S.A 2018

2019

16,495,416 €

19,464,585 €

18.0

878,567 €

882,101 €

0.4

Gross Profit

2,666,184 €

2,538,016 €

-4.8

Total Equity

6,522,036 €

7,014,377 €

7.5

Liabilities

4,792,984 €

4,917,750 €

2.6

Turnover Profit Before Taxes

Change (%)

The company is certified: 1. By I.S.O. 22000-2005 HACCP 2. By BRC issued by Lloyd’s Register Quality Assurance Limited 3. By Agrocert to pack P.D.O. (Protected Designation of Origin) 4. By DIO to pack organic extra virgin olive oil 5. IFS 6. BSCI (BUSSINESS SOCIAL COMPLIANCE INITIATIVE) purity, energy and the incomparable substance of olive, teach us the passion for balance and fertility of Mother Nature. From this exact passion we draw nature’s unique elements to offer our customers the best: excellent olive-oil, hand chosen olives and organic products of excellent quality. The production facility is located in Peloponnese, very close to the ancient Olympia, where the olive groves of the Ilia prefecture give a superior flavor and texture of extra virgin olive oil. The new production facility was built in 1992 with the aim to export premium quality Greek extra virgin olive oil and Greek table olives. Since 1968 our facilities have been expanding constantly. By employing new production technologies and constantly training our human force along with the help of our scientists we guarantee our customers secure and innovative production methods. The society of olive producers of Western Peloponnese, work alongside with our experts in order for the extra virgin olive-oil of OLYMPIA-XENIA to reach your table.. Quality comes first, this is why we use only the best inputs for our products.

OLYMPIA-XENIA A.S.A. has won the leader’s position of packed olives and olive paste and is among the most serious producers of the extra virgin olive oil in the Greek market, always trying to sustain the higher level of product specifications. Our products are distributed in the Greek and International Market under the brand name XENIA and/or as private label products. Also, we export to 25 countries all over the world. The further expansion of exports constitutes our company’s primary objective.

DIAMONDS 2021

243


DIAMONDS of the Greek Economy 2021

CHEMICAL PRODUCTS Industrial

Dow Hellas S.A.

Operating in Greece since 1960 Dimitris Nikolaidis, Country Leader Greece

Atrina Center, 32 Kifisias Avenue, Marousi 15125, Greece Tel.: +30 214 444 9910 Website: www.dow.com www.facebook.com/ TheDowChemicalCompany www.facebook.com/DowEurope www.twitter.com/DowChemical www.linkedin.com/company/ dow-chemical

244

DIAMONDS 2021

About Dow Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The Company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company, with a purpose to deliver a sustainable future for the world through our materials science expertise and collaboration with our partners. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer care. Dow operates 106 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $39 billion in 2020. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @ DowNewsroom on Twitter. Dow Hellas S.A., a subsidiary of The Dow Chemical Company, was estab-

lished in Greece in 1960. The company supplies regional customers a diverse range of basic and specialty raw materials, plastics and chemicals for packaging, infrastructure and consumer care. In 1991, Dow Hellas was the first company in Greece to be certified for the quality of its products according to the international standard ISO9000, and in 2005 was certified for environmental protection procedures as stipulated by EMAS ISO-14001. The company played a leading and defining role in introducing Responsible Care to Greece in the early 90’s, and with the launch of the Sustainability Goals 2025, it remains committed to applying science expertise to create sustainable solutions to some of the world’s greatest challenges. Dow Hellas was ranked in the “Business Leaders of Greece” and also featured in the “Diamonds of the Greek Economy 2019” as a company that is “Capturing Value and Delivering Superior Performance”. In 2017, Dow Hellas was also awarded best place to work by the Top Employers Institute.



DIAMONDS of the Greek Economy 2021

LED LIGHTING PRODUCTS

DASTERI S.A.

Industrial Turnover 2019: 19,092,961 € Profit Before Taxes 2019: 4,998,851 €

An innovative vehicle lighting manufacturer DASTERI, located in Alexandroupoli, Northern Greece, has been active since 1976 in the manufacturing of vehicle lighting, in a vertically integrated production. Productivity and Innovation By constantly investing in highly-qualified staff and new technologies, our company is today an established European company that exports its products to 48 countries and multiple distribution points around the world. Dasteri products are manufactured according to the specifications of the

Vasilis Dasteridis, Chief Executive Officer

1st Km of Alexandroupoli-Feres road, Alexandroupoli, 68133 Tel.: +30 25510 25171 Fax: +30 25510 21689 Email: info@dasteri.gr Website: http://dasteri.gr

246

DIAMONDS 2021

Quality Management System for Automotive Sector IATF 16949:2016, Quality Management System ISO 9001, Environmental Management System ISO 14001:2015 and Health & Safety Management System ISO: 45001:2018 to fully meet the requirements of European and international markets. Growth and Development Today, Dasteri possesses the necessary experience and expertise since it has completed a large variety of projects with utter success through open and international tenders. With a com-


mitment to research and planning for innovative services and products, Dasteri continues to make large investments in terms of means and efforts to meet the market requirements in the best possible way. The firm’s success is the result of continuous research for quality at every stage of production. The company employs a large number of professionals who have the know-how in design, production and marketing in order to serve our customers.

tion, as well as contribution to social issues, are matters integrated into our operating principles and philosophy. For this reason, our production processes are environmentally friendly and undertaken with full awareness to ensure ecological protection standards.

High Quality Service Fostered by reliable cooperation with our customers, our unremitting service to their needs aims not just to solve problems but to thoroughly meet their contemporary demands, too. Our professionalism combined with friendly and prompt service are the principles that best describe our identity and designate our relationship with all of our partners and customers; principles that define every contact we make with them. Responsibility and Reliability Our main concern is the consistency with which we treat each and every customer, but also the environment in general. With respect and sincerity, we commit to our promises in terms of delivery and outcome, thereby nurturing personal relations of mutual trust with our customers. Respect for the environment and its protec-

Dasteri S.A. 2018

2019

Turnover

13,060,817 €

19,092,961 €

46,19%

Profit Before Taxes

2,556,662 €

4,998,851 €

95,52%

Gross Profit

3,431,921 €

6,094,833 €

77,59%

Total Equity

10,550,073 €

14,464,039 €

37,10%

5,550,410 €

5,270,769 €

-5,04%

Liabilities

Change (%)

DIAMONDS 2021

247


DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial

Aggelakis S.A

A pioneer of the Greek poultry industry, combining tradition and innovation

Pournos, Euboea Prefecture 34018, Greece Tel.: +30 2221180500 Fax: +30 2221040347 Email: info@aggelakis.gr https://aggelakis.gr/

248

DIAMONDS 2021

Founded in 1962, we started out as a small family business that, over the years, has evolved into one of the country’s leading vertical integrated poultry farms without sacrificing its traditional character and core values. A leader of the Greek poultry industry and a pylon of the local economy of Central Euboea, where our production facilities are based, we are a people-centric company focused on quality: from farm to plate, we are committed to raising healthy chickens and producing excellent-quality, tasty, nutritious products that reach our consumers in Greece and abroad, observing the safest available methods. As a vertical production unit, our operation covers the full range of activity from the production of our

own 100% vegetable chicken feed to the slaughterhouse and the final product that reaches the point of sale. We invest heavily in innovation which plays an important part in our company. Never resting on our laurels, we are constantly researching and developing new, creative, innovative products that fulfil the needs of the contemporary consumer for top-quality food, healthy ingredients, nutrients, variety and convenience. This led to the production of our unique patented product “OliVchicken”, fed exclusively with corn and virgin olive oil, which has won several international awards and was warmly received by Greek consumers before being exported to Europe, Middle East and Asia.


True to our history and tradition, with values and know-how handed down from generation to generation in the Aggelakis family, we are focused on promoting a balanced Mediterranean diet of quality, healthy, supremely tasty products to consumers in Greece and around the world. Animal welfare and sustainability are high on our agenda. Our chickens are raised in our privately-owned farms observing the guiding principles of EU Welfare Regulations. We observe these guidelines stringently ensuring that our chickens grow in a comfortable environment with the ideal temperature and humidity conditions, controlled lighting and the hours of darkness necessary for the birds to rest. Our chickens are certified by AGROCERT for being raised exclusively on vegetable feed, vitamins and trace elements. Committed to excellence, quality is our primary concern in everything

we do. We apply a Total Quality Management System that is based on 4 pillars: Breeding sustainably in accordance with EU Animal Welfare Guidelines; investing in qualified, scientific personnel, cutting-edge technology and new production lines; applying international quality and food safety protocols; and, strict controls at every stage of the production. Above all, the heart of our company is its people. Our team, in all departments and at all levels, share the same passion and creativity, dedication to excellence, commitment to innovation, respect for history, tradition and locality – the values that have led Aggelakis S.A. on the path to success for almost 60 years. DIAMONDS 2021

249


DIAMONDS of the Greek Economy 2021

TEXTILES Commercial Turnover 2019: 17,657,149 € Profit Before Taxes 2019: 1,488,907 €

NEF-NEF S.A

The leading Greek Home textiles Company Alexandros Kleideris, President & Managing Director Konstantinos Kleideris, Vice President & Managing Director

9 Dalias St., Acharnes, 13677, Athens, Greece Tel.: +30 210 2462042 Fax: +30 210 2440855 Email: info@nef-nef.gr Website: www.nef-nef.gr

250

DIAMONDS 2021

Company’s product categories • Bedroom: Bedsheet sets, Flat & fitted sheets, Duvet cover sets, Bedspreads, Duvets, Quilts, Blankets, Pillowcases sets, Decorative cushions, Mattress pads and mattress protectors and Pillows. • Living room - Dining room: Throws, Decorative Cushions, Decorative Runners, Rugs, Tablecloths and Home fragrances and small furniture accessories. • Kitchen: Tablecloths, Table runners, Placemats, Kitchen Towels, Kitchen rugs, Cushions (chair, decorative and box) and Aprons • Bathroom: Bathrobes, Solid towels, Fashion towels, Embroidered towels, Bath mats, Bath accessories and Shower curtains. • Junior: Bedsheet sets, Duvet cover sets, Quilts, Bedspreads, Blankets, Decorative cushions, Towel sets, Bathrobes and Rugs. • Baby: Cradle & cot bed bedsheet sets, Cot bed duvet cover sets, Cradle & cot bed blankets, Cot bed

bedspreads and quilts, Cot bed duvets, Cot bed bumpers, Bathrobes & cloaks, Towel sets, Mattress protectors and Pillows. • Beach Towels: Pestemal towels, Jacquard towels (in several dimensions and qualities), Printed towels, Round towels, Microfiber towels and Junior beach towels. • Seasonal – Christmas: Tablecloths, Table runners, Decorative runners, Decorative cushions, Towel sets and Decorative accessories. Business Units • Fashion ( B2B): 200 home textiles Specialty stores and 20 Home textiles Web stores ( e shops) • Retail: 10 Corporate stores ( 2,750 m2 retail space in total) • 55 shop in shop in Greece, Cyprus, Montenegro, Albania, Romania, Bahrain, United Arab Emirates • Hotel: 2000 Hotel units and chains, Hospitals, Marine companies • E-commerce: Corporate e-shop • Exports: Cyprus, Balkans, Middle East, North Africa


Vision • To create Linen Products that excite consumers, making our brand their first choice. Strategy • Quality & value-for-money products in a wide range of home categories Values • Respect, Quality, Consistency, Creativity, Education

NEF-NEF installed an 80KWp-photovoltaic system on the roof of our housing facilities, reducing pollutants (CO2) by up to 80 tons. Considering the fact that two hectares of forest absorb 1.3 tons CO2, the specific system equates to 123 hectares of forest. • Social responsibility is one of NEF-NEF’s basic values. It’s primary commitment is to support community groups facing major challenges. The centerpiece of our sponsorship plan focuses on the fight against poverty and social exclusion. • NEF-NEF contributes to the environmental protection by actively participating in the alternative collective management recycling system, always complying with the law and all European regulations. • In 2015 NEF NEF received the distinction CRI PASS, by the Institute of Corporate Responsibility (CR Institute) following and evaluation of our performance in terms of Corporate Social Responsibility in four main pillars: Employees, Environment, Society and Market. • NEF-NEF holds the Oeko-Tex® certificate, which is a globally uniform testing and certification system for textile materials, intermediate and end products at all stages of production. All of the firm’s product lines are made with eco-friendly materials and do not contain substances or involving processes prohibited by law, nor chemicals which are known to be harmful to health, especially babies and kids. This adds another quality guarantee to our products, a unique service to our valuable customers.

Milestones: • 1961: Establishment of the personal company “Dimosthenis Kleideris” which deals with production and trading of home textiles. • 1976: Moved to privately-owned, high-tech facilities. • 1991: NEF NEF HOMEWARE brand is introduced • 2004: In cooperation with ADIDAS, we created the towel and bathrobe series for the Olympic Games in Athens «ATHENS 2004». • 2007: Retail extension by creation of 45 sale points (shop-in-shop) in Greece and 13 in Cyprus. • 2009: Cooperation with Hallmark - Forever Friends Licensing Peanuts, Snoopy Licensing. • 2012: Cooperation with WWF Greece. • 2013: The first NEF NEF Homeware retail shop opens at Halandri, Athens. • 2014 – 2021: NEF NEF operates 10 retail stores in Athens and Thessaloniki, of a total floor space of 2,750 sqm. • 2021: NEF-NEF is a Greek Company with a leading role in the houseware segment, offering value-for-money branded products. NEF-NEF continuously invests in R&D and new technologies, respecting its partners, customers and Turnover the environment. The Company employs a staff of 135 Profit Before Taxes Corporate Responsibility • Our environmental sensitivity and consciousness led us to alternative methods for Energy saving. In 2012,

NEF-NEF S.A. 2018

2019

Change (%)

16,474,010 €

17,657,149 €

7.2

1,433,342 €

1,488,907 €

3.9

Gross Profit

6,308,690

6,673,405 €

5.8

Total Equity

4,557,682 €

4,968,196 €

9.0

Liabilities

5,857,463 €

6,196,036 €

5.8

DIAMONDS 2021

251


DIAMONDS of the Greek Economy 2021

TILES – SANITARY WARE – HEATING

LAKIOTIS S.A.

Commercial

Market leader since 1978

Antonis Lakiotis, Chief Executive Officer

471 Thivon Ave., 13121 Ilion, Athens, Greece Tel.: +30 210 2615730 Email: info@lakiotis.gr Website: https://www.lakiotis.gr/

252

DIAMONDS 2021

LAKIOTIS SA, founded in 1978, is among the top Greek companies in bathroom fixtures and tiles, while featuring in a high position among Greece’s top-400 commercial companies. Through its vigorous import - export activity and rapid expansion in retail and wholesale, the company has managed to establish itself as one of the most successful players in the industry, achieving large market shares, profitability and constant growth. Special emphasis is placed on quality and prices, targeting high service levels, innovation, and provision of complete solutions before and after sales. The company further enhances its competitive advantage via the creation and maintenance of solid collab-

orations with top suppliers from the domestic and foreign markets. At the same time, it offers added value services, high after sales support, freeof-charge delivery around the clock, and a broad spectrum of more than 8,000 readily available products, a record performance in the industry. LAKIOTIS is a family business constantly aiming at offering comprehensive services and customer satisfaction, with state-of-the-art premises and showrooms, and a plethora of choices for customers, in addition to providing excellent working conditions for staff. By closely monitoring market trends and competition, the company strives to offer the most competitive market prices in combination with top-quality


LAKIOTIS S.A. 2020 Turnover Profit Before Taxes

15.189.405,07 670.522,03

Total Equity

17.270.627,34

Liabilities

17.270.627,34

products, credibility, and value-added after sales services. Whether it is a private customer, professional or constructor, LAKIOTIS manages to offer targeted, customer-centered and versatile cooperation with support throughout all stages, before, during, and after sales. By maintaining personal contact with its customer base, focusing on quality, credibility and economy, on-going investment in IT systems and new technologies, and above all, by observing a human-centered philosophy and adaptive, open culture, LAKIOTIS is a highly regarded firm, and a trustworthy partner offering guaranteed solutions to every customer need.

DIAMONDS 2021

253


DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial Turnover 2019: 16,231,743 € Profit Before Taxes 2019: 2,201,851 €

EL Sabor S.A.

Kostas Mamis, President & CEO

Head Office: Chlois 30 Metamorfosi Attikis 14452 Tel.: +30 22620 31020 Fax: +30 22620 31695 Email: info@elsabor.gr

254

DIAMONDS 2021

Any time is time for EL SABOR! EL SABOR was founded in 1992, by Mr. Konstantinos Mamis. Nowadays, company’s buildings, production lines and warehouses spread over 7.000 m2, in a privately-owned 25.000m2 land. It has an established leadership presence in the Greek food market and a global distribution in more than 50 countries. El Sabor has an extensive range of products, suitable for both retailers and HORECA. The company’s modern equipped facilities and the certified production process can guarantee products of high quality and taste. In first quarter of 2021 EL SABOR finished the first phase of a five-year investment plan, with the construction of new factory/facilities, for nacho chips production. By triple the production capacity, our company can keep the year-by-year growth, for the years to come. The company’s export activities are

on an upward trend for the last decade. Specifically, 52% of our sales comes from global markets. In Europe, EL SABOR has a high export activity in Italy, Bulgaria, Romania, Cyprus and Hungary, in Eastern countries such as Japan, South Korea and also at Gulf Countries and others. It is worth mentioning that the company invests in EL SABOR brand identity and as a result, it has well-built brand awareness and highly recognised products. EL SABOR portfolio consists of Nacho chips, Dips, Wraps and Ethnic, suitable for both retail and HORECA. The company’s top seller products are nacho chips and wraps with dips and nacho ‘n dip to follow. Over the past few years, the trend for company’s portfolio is strong, in both the domestic and the global market. For this reason, EL SABOR has double-digit growth in the nacho chips


and wraps/tortillas category. In order to meet the increasing demand for EL SABOR products, our company is continuing to create, develop and expand the product portfolio with new, trendy and innovative products every year and by communicating them with fresh, active, cheerful and as much educative campaigns, as it can be. We are running full schedule communication plans, with above and below the line activities to our key markets and staying in touch, with dedicate social media presence locally and in and out of store activities, in as many countries. EL SABOR’s goal is to be close to the final consumer with high quality products that are specially designed to follow all the hours of the day. At work or while studying, happy or sad, at an outside walk or with a good movie at home, EL SABOR products are there to accompanying any moment.

EL Sabor S.A. 2018

2019

Turnover

14,462,611 €

16,231,743 €

12.2

Profit Before Taxes

1,803,604 €

2,201,851 €

22.1

Gross Profit

4,990,326 €

5,537,611 €

11.0

Total Equity

3,046,494 €

4,542,465 €

49.1

4,254,281 €

4,318,020 €

1.5

Liabilities

Change (%)

DIAMONDS 2021

255


DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial Turnover 2019: 16,045,737 € Profit Before Taxes 2019: 545,107 €

BIKRE S.A. Chatzigavriilidis Group Georgios Chatzigavriilidis, Vice Chairman of BIKRE S.A.

7th Km. Kavala to Eleftheroupolis Road, Amisiana, Kavala 64100 Tel.: +30 2510 327084, 2510 327011, 2510 327014 Fax: +30 2510 327019 Email: info@bikre.gr Website: www.bikre.gr

256

DIAMONDS 2021

Where Quality meets excellence! At BIKRE S.A, we’re honored to be recognized once again as one of the Diamonds of the Greek Economy. We are truly one of the fastest growing companies in Greece and we intent to continue live up to this reputation. We live in particularly challenging times, with businesses feeling unsettled about what the next few years will bring. We have faced, and continue to face, challenges but nothing has stopped us on achieving amazing growth. BIKRE continues to be one of the largest and most reliable meat processing and food trading company in Greece. This is the outcome from our investment in people and in strong relationships with suppliers and customers. The drive to work in partnership and collaborate to achieve success is clear. At BIKRE, we know that partnerships are built on mutual trust and shared goals are most certainly the best route to continued success.


The story of every successful family business starts with someone who has the passion, confidence and courage to put his money and his hard work on establishing it. 40 years ago, a family from Amisiana, Kavalas , a small town in Northern part of Greece, realized, that being in business together is a powerful part of their lives. It all started as a small butcher’s shop run by Themistoklis Chatzigavriilidis and Mariana Dimeli in 1980’s, with the commitment to provide quality foods that everyone can savour. The company enjoys a track record of development and growth through fine organization, professionalism and passion for its work. We evolved a solid pool of technologies and expertise that enables us to meet a wide range of different client needs. BIKRE’s privately-owned factory with a total built area that covers 10,200 sqm has a state-of-the-art production facility with freezers, cool rooms, temperature - controlled rooms, laboratories and a unique range of conventional and innovative processing technologies and equipment. BIKRE is constantly investing in the latest technology machinery, aiming at an on-going development of higher levels of output and quality assurance of its products.

All European standards of Quality Assurance System are strictly observed and applied. With 45 refrigerated privately owned delivery trucks and our courteous uniformed drivers with on-time deliveries BIKRE protects its products & company’s image by reassuring our consumers that every BIKRE-branded product we offer is of excellent, guaranteed quality. During this year our customers have been supportive and their feedbacks have been the basis of our strengthening and expansion plans. Keeping pace with the global needs and demands we have developed our Export Department by hiring professionals on the field, resulting in an increase of our exports and steadily build a brand awareness in international markets. With these thoughts in mind BIKRE goes the extra mile and moves a step ahead by planning a marketing strategy to penetrate the market aiming to globally spread traditional Greek tastes. The R&D department closely monitors and is constantly updated on all the latest trends in global nutrition in order to create new, innovative products that aim to significantly upgrade the menus and services of businesses in the Retail & HO.RE.CA industry.

The firm’s expansion to new markets was supported by the operation of our Athens-based branch, which allowed the company to directly distribute its products to Attica stores, catering units and restaurants – without using other distribution networks. The opening of the Athens Branch further adds to BIKREs dynamic domestic presence, providing direct access to a market of some 5 million consumers. The master key elements underlying BIKRE philosophy is the Respect of the human being, allegiance to the core values of creativity, willpower and equality. BIKRE S.A never forgets the human factors: With love for the place, shares the vision for the economic well-being of the local community, Chatzigavriilidi Group has consistently employed more than 150 permanent staff members, consisting of skilled craftsmen and experienced executives. BIKRE S.A. Chatzigavriilidis Group 2019 Turnover Profit Before Taxes

16,045,737 € 545,107 €

Gross Profit

2,974,244 €

Total Equity

6,061,850 €

Liabilities

7,474,925 €

DIAMONDS 2021

257


DIAMONDS of the Greek Economy 2021

CHEMICAL PRODUCTS Industrial Turnover 2019: 15,189,053 € Profit Before Taxes 2019: 704,178 €

Vasileios I. Mylonas, President of FARMA-CHEM SA

Sotirios Mylonas, Vice President of FARMA-CHEM SA

FARMA-CHEM SA

The“Right” Business Partner

Sindos Industrial Area, 570 22, Thessaloniki, Greece Tel.: +30 2310 569630 –33, Fax: +30 2310 797047 Email: info@farmachem.gr Website: www.farmachem.gr

258

DIAMONDS 2021

FARMA-CHEM SA is a private company based in the Industrial Area of Thessaloniki, Greece specialized in the production, standardization and packaging of a wide range of crop protection products, fertilizers and public health products. FARMA-CHEM is the evolution of SIM, a crop-protection enterprise, founded in 1955 by Ioannis Mylonas. In 1987, while the company is evolving dynamically, SIM changes its trade name and FARMA-CHEM is created. Today, the firm’s premises occupy 15,000sqm of privately-owned land, including more than 5,500sqm of roofed areas consisting of production facilities, warehouses and the administration building. The trust and acceptance that the firm enjoys in the Greek market encour-

age us to advance to new investments that help us triple the production and stocking spaces. Planning and manufacturing in all the installations take place under the highest technical specifications according to Seveso III directives. Through science and innovation, we provide producers with reliable products and sustainable solutions. Our products (plant protection and specialty plant nutrition products) are designed to cover most of the existing crops, improve product quality and reduce the environmental impact of agricultural practices. The company emphasize on the quality assurance at all stages of production and storage. A robust quality system is in place to ensure that all data entered


is reliable and accurate. Our quality systems allow us to control, at any time, the origin and the stage of the raw materials, as well as the processes used for the formulation and packaging of the final product. We provide products and services of the highest quality standards, operating in accordance to all environmental and employee health & safety standards. FARMA-CHEM has been certified with two management systems:  Health and Safety in Work - ISO 45001:2018 / Certified by Lloyd’s – UK.  Quality Management System - ISO 9001:2008 / Certified by Lloyd’s UK. As a result of the great investments in state-of-the-art technology as well as in qualified personnel, the company is nowadays one of the leaders in the Greek Agrochemical Market. A dynamic evolution, combined with the firm’s commitment to quality and knowledge, provide FARMA-CHEM with a competitive edge that has earned the company an excellent reputation, contributing to our continuous growth. Moreover, strong collaborations are a basic factor of our extensive growth. FARMA-CHEM cooperates with some of the most known multinational companies in the field of Crop Protection, Specialty Plant Nutrition and Public Health sector.

A substantial part of FARMA-CHEM’s growth comes from export activities. The company already has a strong presence in more than 20 countries in Europe, Middle East and Africa. Our company has been able to integrate into the international market by offering special fertilizers, bio-stimulants, plant health enhancers, etc. We aim to further enhance our presence in foreign markets with new products and stronger partnerships. During the past 10 years, FARMA-CHEM has recorded:  Stable Revenue Growth 10% to 15% every year!  Company’s manpower has been increased by 50%!  The product portfolio has been increased by 30%!  Covering the whole of Greece through over 1000 retail sale points!  Export activity has jumped 60%! We are all committed to serving the Agribusiness Sector with knowledge, passion, quality and trust. During the recent years of Greece’s economic crisis, we continuously supported our people with responsibility and solidarity, while

never forgetting the Greek community. We actively participate in research programs in cooperation with national and international Universities. Research and Development, Innovation and Ethics-in-Business are crucial according to our philosophy. We recognize our Responsibility towards society and we try to contribute every day. We create job opportunities and are environmentally and socially responsible. We are proud of our highly qualified people, who are the key factor for our growth and success. For nearly 65 years now, we have focused on the continuous improvement of our facilities in order to increase production efficiency and product quality, and build better relations with our partners. Our mission is to be in the forefront, with the ability to compete in the marketplace, by providing products of the highest quality and profitable solutions. And we can assure you that this not just our mission, but also a well-organized strategic plan for the upcoming years.

FARMA-CHEM SA Turnover Profit Before Taxes Gross Profit Total Equity Liabilities

2018

2019

Change (%)

13,209,463 €

15,189,053 €

15.0

439,137 €

704,178 €

60.4

2,707,393 €

3,145,944 €

16.2

3,772,510 €

3,961,538 €

5.0

10,153,792 €

13,487,139 €

32.8

DIAMONDS 2021

259


DIAMONDS of the Greek Economy 2021

PLUMBING & CONSTRUCTION Industrial Turnover 2020: 14.186.433 € Profit Before Taxes 2020: 1.168.889 €

Viospiral S.A

Innovative & Quality products

Viospiral SA was established in 1974 in Athens, Greece by the two brothers Chrysostomos & Nikolaos Natsakakos. The company’s headquarters are cited at Piraeus and its logistic center at Oinofyta Viotias, 4.000 m2 & 5.000 m2 respectively. All the company’s buildings are privately owned.

10 Kechagia & Miaouli, Ag. I. Rentis, 18233 Tel.: +30 210 4204777 Fax: +30 210 42 01 392 Email: info@viospiral.gr Website: www.viospiral.gr

260

DIAMONDS 2021

As a manufactory and trade company has expanded all over Greece having as customers the most well-known wholesale dealers of plumbing products and the largest DIY stores, as well. For all these years the continuous supply of plumbing and tubing equipment made of the best materials and high quality,

together with the quick and accurate service, have given to Viospiral SA, a place among the leading companies in the sector of Plumbing products. In the past years , and as our goal has always been the introduction to our market of innovating , high quality products ,we managed to establish long year business relationships and gain exclusivities of companies all over the world, which of course continue till today, as agents of these companies (in Europe, Asia and USA) we managed to supply customers all over Greece. Viospiral was born in 1974, producing the product line connecting flexible hoses


Viospiral S.A. 2019

2020

Change (%)

Turnover

14.990.529 €

14.186.433 €

-5,4%

Profit Before Taxes

1.168.950 €

1.168.889 €

0,0%

Gross Profit

4.373.896 €

4.121.925 €

-5,8%

Total Equity

6.029.200 €

5.471.516 €

-9,2%

LIABILITIES

6.420.464 €

6.396.335 €

-0,4%

“Techflex”, “Novaflex”, “Quickflex”. Through the years we acquired the experience and the know how, in a result that the plumbers and the installers of those products, trust our brand name, for keeping the standards and the quality in high levels and always stable. To continue with, after our customer’s demand, slowly and stable we expanded our category field in a wide range of plumbing and hydraulics products and accessories, in devotion of always giving the best possible solutions to the professional segment. We always have the belief and the policy to proceed with stable and secure steps, in order to place strong basis in our cooperation and since we have the capacity and experienced sales function then we are used to boost collaboration in more product lines as well. Our recent accomplishment was MODEA Rubinetteria which is depended 100% on our knowledge, experience, and efficiency producing high quality kitchen & bathroom faucets. We are proud to say that after almost 5 years of presence in the Greek market, we lead the sector with continuous growth!

DIAMONDS 2021

261


DIAMONDS of the Greek Economy 2021

MEDICAL DEVICES Commercial Turnover 2019: 8,216,080 € Profit Before Taxes 2019: 2,711,505 €

Kalteq Group Dr. Panagiotis Kalafatas, Chief Executive Officer

KALTEQ

185 Kapodistriou St., 18345 Moschato, Athens, Greece Tel: +30 210 4820 408 Fax: +30 210 4820 368 Email: pa@kalteq.gr Website: www.kalteq.gr

262

DIAMONDS 2021

A Powerful & Dynamic Group of Healthcare Companies Kalteq Group (Kalteq SA & Kalteq Medical SA) is a dynamic Greek Group of Companies founded in 2003, with the vision of introducing Minimal Invasive Surgery, innovative products for the patients’ benefit and the promotion of National Healthcare. Our companies over the years managed to create solid customer relationships, both in the private and public sectors, not only due to our dedication and strong business ethics, but also due to our representations, which involve high-profiled international companies with high-quality products. Our portfolio includes a huge variety of high-end medical products and instruments for Head, Neck & Spine, General Surgery, ENT & O.R. Dispos-

able lines, etc. The distribution of our represented products is supported by a highly-trained sales team, whose primary objective is to serve both the medical community and patients. Today, Kalteq Group holds one of the leading places in the medical field by showing tremendous brand awareness, business growth and developing dynamic partnerships with many private clinics and public hospitals in Greece. During the past few years, our Company not only managed to hold an important position in our Market, but also thrived getting Acknowledgments and Awards, as a recognition of our continuous efforts. Our Awards are the following:


KALTEQ has been the recipient of the honorable AWARD “Diamonds of the Greece Economy 2020” and was placed amongst the healthier companies in Greece. Business-wise, Kalteq SA is strongly connected with key opinion leaders in our country, and our presence is very active. Our sales team consists of high-level professionals, who are constantly trained and informed of the latest developments in the fields of our activities, so that to be able to provide the best possible support in products distribution, O.R. equipment and after-sales follow-up. We attend National Congresses and we have active presence KALTEQ MEDICAL in science edu2018 2019 Change (%) cational courses 6,490,534 € 8,216,080 € 26.6 and trainings.

KALTEQ has completed a comprehensive due diligence process administered by TRACE, the world’s leading anti-bribery standard setting organization. Certification by TRACE signifies that we have completed internationally-accepted due diligence procedures and have been forthcoming and cooperative during the review process. The successful completion of TRACE certification demonstrates our commitment to commercial transparency, allowing you to serve as a valued business partner to multinational companies.

Turnover Profit Before Taxes

2,196,269 €

2,711,505 €

23.5

Gross Profit

4,199,678 €

4,791,244 €

14.1

Total Equity

1,878,987 €

2,223,955 €

18.4

Liabilities

9,798,282 €

9,302,601 €

-5.1

OVERVIEW 1. Company’s Turnover in 2019 €17 million 2. Total No. of Employees 65 persons 3. Headquarters Athens Greece (offices 460 sqm & warehouse 460sqm) 4. Branch Office Thessaloniki Greece (offices 110 sqm) 5. Accreditations - ISO 9001:2015 - Epic Certified Company - Trace Certified Company - Diamonds of the Greek Economy 2020 Company - Healthcare Business Awards 2019 – Golden prize. 18 years ago, armed with lots of hopes, visions and targets, we built the foundations of what it would soon become our legacy and passion.

DIAMONDS 2021

263


DIAMONDS of the Greek Economy 2021

COSMETICS Industrial

DUST+CREAM

Developing rapidly with 80 stores in Greece & Cyprus Leandros Karakatsanis, President & CEO

4 Aigaiou st – Nikopoli, N. Efkarpia – Thessaloniki – Greece Tel.: +30 2310 689499 Email: info@dustandcream.gr Website: www.dustandcream.gr

264

DIAMONDS 2021

DUST+CREAM stores, is a Greek franchise network of cosmetics stores that started in 2012. The concept of the stores, that has a range of over 3,000 codes in makeup products, perfumes, cosmetics, and personal care items is to offer quality products at affordable prices, that are perfectly adapted to the needs and the desires of its customers. With a solid orientation to cover as much as possible key commercial points for the development of the network throughout Greece, we have managed to establish the DUST+CREAM brand in the mind of consumers, having a clear statement that Greek quality cosmetics are also affordable for both women and men. Today, the company is developing rapidly throughout Greece and has an ever-growing network consisting of 80 stores in Athens and Thessaloniki, in many other cities in Greece and in Cyprus. The company CREAMTEAM SA, that owns the “DUST+CREAM” brand, has a production unit based in Thessaloniki which directly supplies the stores, without intermediaries, achieving low costs in all its items. All the products are scientifically tested and guaranteed according to the specifications of the National Organisation of Medicines of Greece (EOF), while

the company functions under the certification of Good Manufacturing Practice System according to ISO 22716: 2007, for the production and storage of cosmetic products, by TUV AUSTRIA HELLAS. Additionally, based on the principle of “best value for money” in beauty products and maintaining the same level of prices, we invest a significant part of our profits in the continuous research and technological development of our production unit, constantly enriching the range of products and services covering the increasing needs of our customers. Finally, the company is giving great emphasis on the communication strategy. With a constant and active presence on social media and continuous digital marketing activities, participation in major TV productions such as Greece’s Next Top Model, we maintain constant contact with our thousands of daily customers nationwide, keeping the DUST+CREAM brand “top of the mind” in our customer base. At DUST+CREAM we are preparing to take the next steps in Greece and abroad and we continue to dynamically develop new “best value for money” products with natural ingredients, maintaining the quality of our products and the reliability of the DUST+CREAM brand.



DIAMONDS of the Greek Economy 2021

Services

IQVIA

Kostaras Nikos, GeneralManager

284 Kifisias Avenue, 15232, Chalandri, Greece Website: https://www.iqvia.com/

266

DIAMONDS 2021

Pushing the boundaries of Human Data Science IQVIA is a world leading provider of information, innovative technology solutions and consulting services focusing on leveraging Health data and Scientific knowledge to help Health care stakeholders find better solutions for patients. Being the outcome of the merger of IMS Health, a world leader in data analysis & technology solutions, exclusively in the field of Health, and Quintiles, from the world’s leading companies in Clinical Studies, IQVIA, based in the USA, has presence in 100+ countries with 75K employees. IQVIA has been active in Greece since 1968 and collaborates with all healthcare professionals as well as hospitals, especially with 3.5K doctors and 3K pharmacies for data collection & research, while conducting at

least 120 clinical studies at over 100 sites. There is also close collaboration with all healthcare associates, institutions, authorities, collective bodies of healthcare professionals and pharmaceutical companies, as well as patient associations, providing our services to over 150 clients. 2020 became a milestone year for IQVIA Hellas, which advanced to a record number of 50 new hires, achieving an increase in the number of its employees by 35% compared to 2019 and reaching 200 employees in total! Growth and development of IQVIA Hellas in 2020 was marked by the launch of 3 new hubs in our country: the 1st, the Technology hub, implements data science, business intelligence and digital transformation solutions for IQVIA customers worldwide,


the 2nd offers services Health Economics and serves Europe, while the 3rd implements Management Consulting projects, exclusively for Italy. IQVIA’s footprint in the Greek economy is constantly expanding as it is intensively active in attracting foreign investment for clinical trials in Greece, something that can, according to data from IQVIA and Foundation for Economic & Industrial Research (IOBE), increase GDP by at least 1 billion €. In this context, IQVIA undertook and completed the project, which led to a law, for the use of the investments of the pharmaceutical industry as a means of reducing clawback by € 50 million in 2019 and € 100 million in 2020. In addition, IQVIA provides know-how to Greek pharmaceutical companies to be certified by the FDA and to be able to export to the US, the largest pharmaceutical market in the world. With a series of corresponding moves, IQVIA becomes a practical player for the development of the Greek economy.

DIAMONDS 2021

267


DIAMONDS of the Greek Economy 2021

COSMETICS Industrial Turnover 2019: 13,439,371 € Profit Before Taxes 2019: 1,092,994 €

FARCOM

Themis Sarasidis, Chief Executive Officer

Industrial area New Redestos, P.O. Box 60691, GR 57001, Thessaloniki, Greece Tel.: +30 2310 837 077 Fax: +30 2310 833 222 Email: sales@farcom.gr Website: http://www.farcom.gr

268

DIAMONDS 2021

A place where beauty grows FARCOM is a family-driven, Greek cosmetic manufacturing company founded in 1970 in Thessaloniki. Since its early days, FARCOM was dedicated to offering products of the highest quality to the hairdressers. Over the years, maintaining its philosophy and principles, it expanded its range with products directed to the retail market. 2020 was a milestone year as FARCOM completed 50 years of dynamic presence in the cosmetics business with high end, top quality and aesthetics products. The company has enjoyed uninterrupted growth since its set up and ranks among the largest cosmetics manufacturers in Greece. The company has maintained a strong presence and loyal customers

in both B2B and B2C markets, raising its international presence in over 50 foreign countries. To date, FARCOM offers a wide product range including hair care, skin care and oral care, making it one of the leading Greek manufacturers and innovators in the cosmetic sector. The company is directed by Themistoklis Sarasidis, CEO and Chairman of the Board, and Dimitrios Sarasidis, Director of manufacturing operations. For more than twenty years, FARCOM has been engaged in the manufacturing of Private Label products, offering its clients strong competitive advantages from the conception of the idea to the final implementation. FARCOM privately-owned head-


quarters are located in New Redestos Business Park (Thessaloniki), on a 31,500sqm site and 5,500sqm of premises, which houses the Finance and Administration, Sales & Marketing, Logistics, Industrial Design, and Export departments. Production is made in its privately-owned factory in Thessaloniki, on a 17,000-sqm site and 3,500sqm of premises equipped with the most modern tools and machinery to ensure flexibility and quick response for meeting the increasingly growing market demands. Annual produc-

tion capacity amounts to 13.5M units of hair color tubes and 60M units of miscellaneous products. The factory features a modern quality control lab, staffed with an expert team of chemists and chemical engineers, conducting checks and tests at all stages of the production process, from receipt of raw and packaging materials to the release of the final product, as well as a fully equipped microbiological laboratory. Due to increased production needs, the company proceeded to the construction of a second production

unit in a privately-owned area on a 11,500-sqm land plot in New Redestos Business Park. Such investment paves the way to further company’s expansion for the future. FARCOM operates since its inception according to the strictest requirements by the National Organization for Medicine (EOF) and European legislation. Since 2011, FARCOM is certified for its Quality Management System as per International GMP ISO 22716 Standard, for Good Manufacturing Practices by TUV AUSTRIA.

CUNSUMER BRANDS

PROFESSIONAL BRANDS

Farcom Group 2018

2019

13,055,483 €

13,439,371 €

2.9

874,894 €

1,092,994 €

24.9

Gross Profit

3,673,139 €

4,080,348 €

11.1

Total Equity

15,473,393 €

15,744,070 €

1.7

2,816,966 €

3,466,774 €

23.1

Turnover Profit Before Taxes

Liabilities

Change (%)

DIAMONDS 2021

269


DIAMONDS of the Greek Economy 2021

WATER Industrial

Climbing even higher S. Mentekidis S.A. was founded almost 30 years ago by Savvas Mentekidis, based in Spilia Vermiou, Naousa, the founder’s place of origin in Northern Greece. The firm, which operates two factories, SELI (since 1992) and DIOS (since 2012), has been making continuous investments which helped in achieving increasing growth, enjoying consumer’s trust and building healthy relationships with its customers and suppliers.

DIOS, PROTECTION is in its NATURE A high-quality natural mineral water can only come from a pristine natural environment. The natural mineral water DIOS originates from Mt. Olympus, a uniquely protected mountain in Greece. Mt Olympus, the country’s first National Park, has been under special protection since 1938, aiming to preserve its natural environment. The significance of the National Park has been recognized worldwide, and Mt. Olympus was recognized in 1981 as a “Biosphere Reserve” by UNESCO. Protected by nature, DIOS natural mineral water gushes untouched at the foot of Mt. Olympus, enriched with precious metals and trace elements through its underground journey. Purified through the natural filtration from rocks, and with a unique composition, DIOS natural mineral water contributes to the protection and better functioning of the human body. MT. OLYMPUS. Protected ecosystem by UNESCO ● Mt. Olympus. Conserved Ecosystem by UNESCO ● Greece’s first National Park ● Special Protection Zone” in the European Union’s Natura 2000 Network Protection is part of DIOS’s DNA All of the purity of Mt. Olympus’s nature is transported to your home with safety, care and attention. Bottling conditions are the guarantee for the preservation of DIOS’s “protected nature.”

Karitsa, Pieria 60100, Greece Tel.: +30 23510 53111 Fax: +30 2351053511 www.mentekidis.gr

270

DIAMONDS 2021

Since the opening of the DIOS factory, the bottling process observes the best techniques under the most modern and strictest safety and hygiene specifications. Today, production and bottling are done in ideal ‘surgery center’ conditions with the new CIP unit (Cleaning In Place) (an automated unit for production line cleaning and disinfection) to ensure that the final product reaching the consumer is of excellent quality. Daily inspections carried out in the state-of-the-art microbiological laboratory by specialized personnel, in collaboration with international independent laboratories and in accordance with ISO 22000 - HACCP and ISO 9001 specifications, guarantee a completely safe final product. With protection being part of its DNA, DIOS takes care of its environmental footprint with several actions. DIOS factory, an environmentally designed, Energy Class A building integrated harmoniously into the natural environment of Mt. Olympus, is the first “Green” Water Bottling Plant in Greece, using mild energy forms such as solar panels, achieving energy saving with the use of LED lighting. In addition, DIOS packaging is 100% recyclable, while less plastic is used for DIOS bottles, made of Lightweight BIC (Best in Class) plastic. ● Greece’s first Green Water Bottling Plant ● Use of solar panels ● Use of Lightweight BIC plastic


DIOS: The brand from Mt.Olympus with ‘top’ sales In the past seven years, DIOS has seen its sales more than triple, dramatically increasing its financial figures, thus becoming one of the fastest growing forces in the industry. Having established its position in the market nationwide, the firm is gaining the trust of more consumers every day. The superior quality of DIOS exceeds the Greek and European standards as it implements an Integrated Quality System, and has won international and national quality certifications, such as the Gold DLG 2019 from the German DLG organization, the leader in food and beverage quality evaluation in Europe. Today, DIOS competes on a par with international brands, and is available in Germany, Cyprus, Romania, Albania, Belgium and Great Britain, while further penetration into existing markets and expansion into new major foreign markets is expected.

SELI: SO PURE, SO UNIQUE The journey of natural mineral water SELI begins on Mt. Vermio, one of Greece’s mountains with intense biodiversity, featuring many small and large springs, and rare fauna and flora. In this environment of lavish vegetation, SELI water gushes from the natural source of Assos. Every drop of the natural mineral water SELI goes through layers of rocks over time acting as natural filters, enriching SELI with precious metals and trace elements, giving it its unique composition and taste PURE ● It gushes from a natural source ● Unique composition ● Internationally award - winning ● Premium character ● Source of Well-being & Wellness The special composition of SELI reflects the uniqueness of its spring. A masterpiece of nature with a refined silky taste and balanced texture that make it unique. The exceptional purity of SELI and its unique fresh, incomparable taste, have far exceeded Greek borders. Awarded by the largest international Institutes of Quality and Taste, SELI has won over, even the most demanding connoisseurs. Each year, SELI is awarded several gold prizes of Superior Quality and Taste through the process of “blind” tasting. These international distinctions rank the natural mineral water SELI at the top of bottled waters around the world.

UNIQUE International Taste Institute ● 21 GOLD STARS ● DIAMOND TASTE AWARD Monde Selection ● 6 GOLD AWARDS ● INTERNATIONAL HIGH- QUALITY TROPHY

2012

SELI’s journey from the spring of natural flow to our glass is...very short, as it is bottled in crystal clear and pure form directly from the spring. With a history of almost 30 years, SELI is now a boutique factory with state-of-the-art mechanical equipment ensuring excellent bottling conditions. SELI’s superior quality exceeds both Greek and European standards, since it implements a complete quality system as per ISO 22000 - HACCP. The commitment to quality and safety is reflected and present at all stages of the production process, through daily chemical analyses, strictly controlled conditions and bottling method, and excellent storage conditions. Water is the essence of life, and so the quality of the water we drink contributes to our quality of life. SELI is devoted to producing top quality products that contribute to the healthy and balanced diet of modern humans who seek a more healthy life and well-being by taking care of themselves. As a basis for a healthy diet and active lifestyle, SELI offers pure, natural hydration and rejuvenation. As an extroverted brand since its inception, SELI has today consolidated its position in the demanding markets of Germany, Romania and Cyprus, recording an impressive share of exports, above the industry average.

DIAMONDS 2021

271


DIAMONDS of the Greek Economy 2021

MISCELLANEOUS PRODUCTS Commercial

Pegasos S.A

A strategic partner in the FMCG market

Harry Akzotis, Chief Executive Officer

123 Dekelias St., 13678, Acharnes, Attica, Greece Tel: +30 2102469056 Fax: +30 2102464755 Website: http://www.pegasos.com.gr/

272

DIAMONDS 2021


Pegasos S.A. was founded in 1979. It is a distribution company that undertakes the commercial representation of global and regional FMCG brands for the Greek market. During these 42 years, the company offers nation-wide commercial services such as Sales, Marketing and Logistics in an integrated manner. The strategic aim of Pegasos S.A. is to ensure the continuous growth of the brands in its portfolio by offering high quality services to its supplier-partners and customers. The strategic competitive advantage of the company is that it directly visits with its own salesforce, both the Modern and the sprawling Traditional retail trade in Greece, throughout the

Greek territory. With its main offices in Athens and branches in Thessaloniki and Crete, Pegasos S.A. sales department visits more than 13,000 points-of-sale, maintaining trusting relationships with decision-makers from the smallest stores to the biggest international retail chains. In total, Pegasos represents 25 principals having successfully and established great brands in Greece (i.e.): • Haribo | the biggest manufacturer of fruit-gums in the world • Lindt | the world leader in premium chocolate • Panini | the world leader in collectibles Corny | the European regional leader in cereal bars

Pegasos also assists companies in the likes of Johnson & Johnson, Beiersdorf, Alfa Pastry a.o. which operate their own salesforce, with undertaking the exclusivity of distribution of specific brands in specific channels such as the Traditional Trade. Due to its big and diverse customer base, Pegasos gathers a large amount and a wide spectrum of data, which provide the intelligence for continuous evolution. Pegasos, currently employs 90 people, who are its most important asset to accomplishing its mission of being the most strategic partner for its principals for the Greek market.

Pegasos S.A. 2018

2019

12,092,352 €

12,297,175 €

1.7

Profit Before Taxes

1,316,506 €

1,269,951 €

-3.5

Gross Profit

4,145,735 €

4,304,863 €

3.8

Total Equity

7,830,312 €

8,787,164 €

12.2

Liabilities

1,525,790 €

940,271 €

-38.4

Turnover

Change (%)

DIAMONDS 2021

273


DIAMONDS of the Greek Economy 2021

SECURITY & PROTECTION SERVICES Services

Mega Sprint Guard S.A.

26 years of successful operation

12 km of National Road, Thessaloniki-Nea Moudania Tel.: +30 2310 471000 Email: info@megaguard.gr Website: www.megaguard.gr

274

DIAMONDS 2021

Mega Sprint Guard operates in privately owned facilities of 400 square meters, built on a plot of 5,500 square meters, with plans for their future expansion. It has branches in many major cities of the country that enable it to provide direct and reliable services throughout the country. In particular, the new state-of-the-art facilities of the company at 12 km of the National Road Thessaloniki – Nea Moudania, house the largest exhibition space of security systems. The continuous development of the Group companies led to its consolidation as a leading force in the domestic market of security services and installation of security systems. The most important strengths of MEGA GUARD SA, which compose competitive advantages providing significant prospects for maintaining its existing development and viability are: • Strong presence nationwide and extensive clientele. • Ability to provide services with consistency and high value for money,


which has led to relationships of trust with customers and a security systems reputation in the market. • It constantly invests in staff training and in the modernization of its technological equipment • Solid management structure with flexibility in decision making, Company management and personnel management. • Low fixed costs and efficient utilization of staff, which allows the adoption of an aggressive pricing policy. • Significant experience and knowhow in the field of guarding security services. • Experienced and trained staff specializing in Security and Technique planning, so that we can propose state-of-the-art and effective solutions for the safety and protection of employees and the property of each of our customers. • With the state-of-the-art Signal and Image Downloads Center that

through the Video Analytics systems it uses offers the perfect combination of human resources and technology • Specialization in Public sector projects and developed skills for drafting tender dossiers. • Guarantees safety and protection for each of its customers, responsibly offering high quality products, security services, reliability and utilizing all the solutions of modern technology • Certified and high level for the data of the personnel industry, as a result of good management of human resources (attraction, selection, training, support, etc.). • Possession of all necessary licenses and certifications and their constant updating / completion based on the needs and opportunities that arise. • Excellent financial situation with high cash-flow and investing ability. • Competitive advantages

• Utilizing its strengths, MEGAGUARD SA aims to take advantage of the opportunities that will allow it to maintain its flexible and dynamic presence in the field of security and safety services and specializes in the field of Security Services. • Every day we receive news about acts of violence either against property or against individuals, and crime has generally become so widespread that everyone is worried about the threat to their personal life, comfort and safety at any time as well as the challenge damage to his property. • Considering the above and believing in the need to activate us as soon as possible to prevent and limit actions that cause disturbance, insecurity, property damage, theft, robbery and even some personal attacks, which endanger even human lives, we are organized and operate according to international standards.

DIAMONDS 2021

275


DIAMONDS of the Greek Economy 2021

FOOD SUPPLEMENTS Commercial Turnover 2020: 13,464,499 € Profit Before Taxes 2020: 2,286,539 €

POWER HEALTH HELLAS S.A.

Lily Perganta, President & CEO, Power Health

59 Deligianni str., Metamorfosi, Athens 14452, Greece Τel. +30 210 2821500 Fax: +30 210 2851122 Email: power@powerhealth.gr Website: www.powerhealth.gr

276

DIAMONDS 2021

Power Health conquers the International Markets Nowadays the Power of Nature has become stronger than ever. Power Health, is a leading and pioneering Greek company that creates, represents, imports, exports and distributes premium quality, innovative Health Food Supplements. By the establishment of a wide range of high quality health products has managed to improve the lives of people. Its products are manufactured using the most sophisticated practices and technologies, according to the “Good Manufacturing Practices”, have international quality certifications and notification number from the EOF. They, also, contain selected natural organic ingredients with clinically proven efficiency, safety and official health claims from the European Food Safety Authority (EFSA).

The establishment of its own Research & Development Department, staffed with specialized scientists, makes Power Health once more a pioneer as the only Greek company that designs its own alternative natural products for health, natural cosmetics (Inalia) and natural repellents/ antiseptics/fragrances (Fleriana). Innovative Greek formulations, many of which are unique at both European and global levels. Power Health was established in 1984 by Lili Perganta. For the first time, the term “natural food products” is introduced and Power Health becomes the first Greece-based company of food supplements. Power Health has all the guarantees to represent Greek entrepreneurship by strategically investing in three


Innovation Quality

pillars: Quality, Innovation and International expansion. We always invest in extroversion and strengthen the international profile of our company. The nature’s pharmacy has gained the confidence and has conquered foreign markets. Despite the intense competition from the respective multinational companies, Power Health has established its position abroad and operates in 23 countries. Specifically, the multi-award winning Power Health has won the trust of consumers in Austria, Albania, England, Bulgaria, Belgium, Vietnam, Germany, Estonia, UAE, Spain, Kosovo, China, Kuwait, Cyprus, Lebanon, Libya, Latvia, Lithuania, Belarus, Bahrain, the Bahamas, Malta and Romania. Power Health has managed to leave its imprint not only on the domestic, but also on the international market thanks to its orientation on export planning, the development of innovative products that meet the daily needs of consumers and the impeccable export approach from the Marketing department. Power Health, always faithful to its values and beliefs, will continue to be the ambassador of Greece abroad in a constantly growing industry and aims at its further development abroad, making its presence noticeable on all continents.

International Expansion

POWER HEALTH HELLAS S.A. 2019

2020

12,073,166 €

13,464,499 €

11.5

Profit Before Taxes

2,647,124 €

2,286,539 €

-13.6

Gross Profit

8,150,702 €

8,874,043 €

8.9

Total Equity

5,271,315 €

5,801,262 €

10.1

Liabilities

2,099,040 €

2,557,367 €

21.8

Turnover

Change (%)

DIAMONDS 2021

277


DIAMONDS of the Greek Economy 2021

TOOLS & HARDWARE Importer

PAPADEAS S.A.

Dimitrios Papadeas, President

Iroon 1912 4-6, Acharnai, 136 71, Athens, Gr Tel.: +30 210 2312100 Fax: +30 2102389877

278

DIAMONDS 2021

36 years of pioneering in importing and distributing of industrial tools and hardware The company “PAPADEAS S.A.” was founded in 1985 and is one of the largest companies importing and distributing industrial tools and hardware in Greece. PAPADEAS S.A. has established itself in the wholesale trade as a pioneer and innovator with immediate distribution and constant availability, providing reliable services. Provides, daily, the cooperating retail stores in Greece, Cyprus & Balkans. Through them, it covers both the professional, with the best quality-price ratio in his tools to support his demanding work, and the individual with more user-friendly tools so that he can tackle the simplest or the most difficult constructions. In recent years the company has made large investments in building installations, electronic warehouse management systems and equipment that make up a fully organized warehouse, as a result of increasing the range of products offered and its penetration into new markets. With the annexation of new storage spaces in Aspropyrgos & Acharnes, the total covered area of the facilities has reached a total of 6.000 sq.m. We are proud that we managed to lead the company to the top of the Greek market. It is the justification of a long-term effort that continues from generation to generation, and at the same time our contribution to

the national economy. Our goal is to remain a leading company in the trade and distribution of industrial tools and hardware and that is why we always look ahead. Our vision is to be a strategic partner for every entrepreneur who systematically invests in the development of his business, creating long-term and effective partnerships. Our mission is to offer high quality products, comprehensive services through our partners so as to contribute to the maximum return on capital of our customers. The 36 years of successful course in the wholesale trade of Tools and Hardware brought us among the leading companies in our industry. Our vision for better and continuous development of products and services does not stop. The continuous training and the experienced human resources of our company, give solutions to any challenge. The international collaborations with well-known companies abroad and in Greece brought us one step higher in our course so far. With consistency in mind, we have managed to establish relationships of trust with our partners. In this difficult time of the global economy, we look into the future with optimism by investing in new partnerships, products and services. Always with the same values: vision, trust, consistency and education!



DIAMONDS of the Greek Economy 2021

MATTRESSES

Greco Strom LTD

Industrial Turnover 2019: 10,146,310 € Profit Before Taxes 2019: 978,640 €

57 years of continuous development in technology and quality

Chris & Marios Gotsopoulos, Presidents & CEO, GRECO STROM

Headquarters End of Makrigianni str., Mandra Attica, 19600 Athens, Greece Tel. +30 210 55 52 000 Fax: +30 210 55 50 870 Email: info@grecostrom.gr Webiste: www.grecostrom.gr E-shop. shop.grecostrom.gr

280

DIAMONDS 2021

Greco Strom is a purely Greek company, which has been engaged for 57 years in the manufacture of mattresses, beds and sleeping products. The company has also been operating successfully in hotel, medical, marine and hospital equipment as well as with absolute respect and sensitivity to baby sleep products. The company was founded in 1964 by Mr. Foti Gotsopoulos and is active in the manufacture of handmade mattresses. The sons of the founder, Marios Gotsopoulos and Christos Gotsopoulos joined the company and took over. Our company grows and evolves significantly its activity and is certified with the International Quality Management

System ISO 9001, the international Environmental Management System ISO 14001, the International Quality System of Medical Devices ISO 13485, the Swiss product certification of safety and quality of products Swiss Approval International, the certification of Marine mattresses by EBETAM SA that meet the requirements as described in EU Regulation 2017/306 for the group of bedding products MED / 3.21 • SOLAS 74 Reg.II-2/3, Reg.II-2/9 & Reg. X / 3 & • IMO Res. MSC. 307 (88) - (2010 FTP Code) Annex 1, Part 9. Despite the conditions that prevailed in 2021, Greco Strom is expanding. Construction of a new factory building, which deals exclusively


with the production of handmade beds, as well as expansion to the existing factory for production of mattresses and purchase of new mechanical equipment. The total area of Greco Strom exceeds 16,000 m2 with the building facilities now covering 7,000 m2. Export activity in Cyprus, Czech Republic, Italy, Romania, and Balkan countries continues to grow steadily in 2021. The success of Greco Strom, as reported by the company’s owners, Marios and Christos Gotsopoulos, is working hard to provide advanced materials, with the richest choices and the most distinctive products, promoting the mattress into a health tool. We are focused on the design and production of innovative products, the consistent high quality and functionality with unique design, based on the many years of experience of our reliable and trusted partners. As a result, in the first half of 2021, GRECO STROM marks another year of high economic performance recording a sales leap, showing a 12% increase in gross revenue over the previous year. Regarding the year 2022, the company aims to increase turnover by 10% above 2021, as well as growth in the export activity. Also, the contribution to the adoption of international principles, standards and practices on sustainability and sustainable development is in progress, with the first steps made by recycling the wastage of the materials used throughout production. Knowledge, experience, innovation, quality, and respect to our customers is the philosophy of Greco Strom. With 57 years of experience, continuous development and creative concern, our company will continue to invest in new technologies and produce quality sleep products with the main purpose of remaining in the first places of the domestic and international forum of our industry.

Greco Strom LTD 2018

2019

9,655,623 €

10,146,310 €

5.1

863,139 €

978,640 €

13.4

Gross Profit

2,461,966 €

2,863,619 €

16.3

Total Equity

3,084,317 €

3,575,659 €

15.9

Liabilities

3,081,118 €

3,158,507 €

2.5

Turnover Profit Before Taxes

Change (%)

DIAMONDS 2021

281


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Industrial Turnover Turnover2020*: 2019: 17,978,806,29 € Profit Profit Before Before Taxes Taxes 2020: 2019: 3,082,624,03 €

The company, honoring its long history, remains devoted to its Vision and Philosophy: “Having faith in and respect for the value of our people and the long - standing relationship of trust with our partners, we consistently and professionally develop products and services to enrich the quality of life and reduce health costs, rising KARABINIS MEDICAL to a significant leading company in the global health field.”

KARABINIS MEDICAL S.A.

53 years of successful entrepreneurship KARABINIS MEDICAL is a large manufacturing, import and export company of medical consumables, food supplements, natural skin care products and diagnostic medical devices, operating in the health field since 1967. The company’s successful and profitable 53-year legacy, is crowned by significant achievements in the Greek market, while expanding activities in the international healthcare market. The firm’s European headquarters are located in privately-owned facilities in Peania, Attika. Reliable KARABINIS MEDICAL, always aiming to the improvement in the quality of life, is committed to the development and production of high-quality products under the brands: • Alfashield - Alfagauze medical consumables • Alfacheck - AlfaIntellect diagnostic devices • SON food supplements Furthermore, the company has established strategic representation agreements on Apostolos Karabinis, exclusivity terms, with some reputable and certified international firms, promoting in the Greek health market products of high quality, reliability and absolute safety, President & CEO meeting all the required international standards. These international firms include MICROLIFE, ESI, BIONIME, YPSOMED, ATTENDS, and NIPRO. In 1998, the company was certified as per ISO 90001, EN 13485, while its products are certified as per national and international standards (CE/CE 0653). Dynamic KARABINIS MEDICAL has developed a nationwide sales network comprising qualified Business Units, directly contacting Karabinis Medical S.A. some 4,000 pharmacies. Also, the company operates perfectly structured with all Pharmaceutical Cooperatives, Drugstores, 2019 2020 Change (%) Pharmaceutical Companies and Hospitals in the country. The company consolidates its global presence by concludTurnover* 9,749,023 € 17,978,806 € 84.4 ing strategic partnerships through its specialized Export DeProfit Before Taxes 715,210 € 3,082,624 € 331.0 partment. In addition to the promotion of innovative products Gross Profit 4,147,377 € 6,559,171 € 58.2 and services to their country, strategic partners are supported by the necessary know-how that the company has developed * There might be a little variance on the data for fiscal year 2020 since the throughout all those years of expertise and experience. Financial Statements have not been audited and published yet. Reciprocal Apart from commercial activities, the company develops a powerful social action. Through the Corporate Social Responsibility program “Life Ally,” KARABINIS MEDICAL actively supports people and social groups by actions promoting health, sports, environment, culture, and our society as a whole. Innovative KARABINIS MEDICAL operates a Research & Development Department focusing 151 Lavriou Ave., Peania, 19002, on the creation of innovative health products and services, in collaboration with Key Opinion Leaders, physicians, and professors. KARABINIS MEDICAL secured those of Athens, Greece the aforementioned products and services marked of an inventive leap or governed Tel.: +30 210 6645751 by particular innovation, under International Patents, or Copyrights and protection of Fax: +30 210 6646000 industrial rights. Indicative: Email: info@karabinismedical.gr • Health Service “Hypertension & Diabetes Corner” (copyright) Website: www.karabinismedical.gr • Health Service “GET WELL Natural Corner” (copyright) • The first worldwide Digital Thermometer with antimicrobial copper (patented)

282

DIAMONDS 2021



DIAMONDS of the Greek Economy 2021

WATER TREATMENT SOLUTIONS Industrial

TEMAK S.A.

High quality, Exceptional products CMYK

C:0 M:100 Y:100 K:0

C:100 M:0 Y:0 K:0

C:100 M:50 Y:0 K:0

62, Tatoiou str., GR 136 77, Acharnes (Menidi), Athens, Greece Tel.: +30 210 2581 583 Fax: +30 210 2533 989 Email: info@temak.gr Website: www.temak.gr

284

DIAMONDS 2021

TEMAK is a Greek company operating in the water treatment and fluid control equipment market, since 1980. TEMAK has built an excellent reputation in the Greek market and abroad by fulfilling its MISSION to supply Water Treatment Systems and Solutions of the highest quality, both in Greece and abroad as well as provide Fluid Control Equipment & Solutions of the highest quality, achieving one of the highest positions in the Market. TEMAK contributes to Greece’s economic growth improving quality of life in an environmentally friendly way. Its success is achieved by working every day towards its VISION and AIMS which are: • To be the ideal partner for our customers, providing them with

the best solutions. • To offer TEMAK’s employees the opportunity to be improved professionally by providing excellent training and a harmonious working environment hence achieving personal satisfaction. • To attain recognition in the community for the company’s ethics and its employees’ professionalism, through the relationships they develop with people, whose lives and needs are affected by TEMAK’s activities. In TEMAK we study, design, manufacture, install and support water treatment systems offering integrated and reliable solutions for various market applications, such as Sea & Brackish Water Desalination Plants, Water Treatment Systems for potable


use, renal dialysis units, boilers & cooling systems, power plants, food & beverage industry, steel mills, pulp & paper, photovoltaic, semiconductor, pharmaceutical industry, as well as Ultra-Pure water for labs and water makers for shipping. We undertake the protection of steam and cooling piping systems from scaling, corrosion, microbial contamination, etc. using appropriate and high-quality chemical additives and we supply the market with all the necessary materials in the field of steam-water-fluid control equipment. All of our clients receive the same service that is characterized by respect and responsibility. Focusing on the absolute customer’s satisfaction and achieving their own goals, we offer the solution that meets their real needs TEMAK not only produces standardized units, but also designs custom-made solutions for its clients. All TEMAK systems can be additionally provided in mobile units, containerized or onboard vehicles. Additionally, TEMAK offers services (such as consultancy, after sales service, installation and start up) either directly from its central offices in Greece or through its well-trained local partners around the world. The conquest of a leading position in the Water Treatment Sector in Greece and our rich portfolio of distinguished projects was the trigger to start our export activity in 2005. Very quickly our reputation was spread worldwide, on the one hand due to our high level of expertise and experience, on the other hand due to our professionalism and consistency in delivering all the projects which we successfully undertake on the agreed time, meeting all the required specifications. Moreover, with our strong competitive advantage, we have the great ability to respond to different geomorphological or other features applicable in the countries where we operate. We have so far installed water treatment plants in more than 26 countries with a production capacity of more than 750,000 cubic meters of water per day. Intense export activity has been developed in Europe (in Albania, Bulgaria, Cyprus, Romania, Russia,) in Africa (in Nigeria, Djibouti) and in Middle Eastern countries (in the United Arab Emirates, Saudi Arabia), while our partners are expanding in countries in North Africa (Egypt, Algeria, Morocco, Tunisia), the Persian Gulf (Qatar, Kuwait, Oman), the Maldives and Mauritius. TEMAK is certified by ISO 9001/2015, ISO 14001/2015, ISO 13485:2016, OHSAS 18001/2007 and CE Medical. DIAMONDS 2021

285


DIAMONDS of the Greek Economy 2021

CLOSURES - BOTTLES MACHINERY - EQUIPMENT Industrial

A.G. COROPOULIS S.A

Carrying on a legacy of 128 years of creativity

118 Kryoneri Ave., 14568 Kryoneri Attiki, Greece Tel.: +30 2108161202 Fax: +30 2108161280 Email: info@coropoulis.gr Website: www.coropoulis.gr

286

DIAMONDS 2021

Coropoulis company, established in 1893, produces and imports Closures, Bottles, Packaging Material and Machinery/Equipment for a large number of industries, including wine, distillery, pharmaceutical, beverage, water, olive oil, food, cosmetics, etc. The firm is identified by the high quality of its products and the continuous service and technical support to its customers. In addition, Coropoulis is distinguished for its reliability and consistency while maintaining longterm relationships of trust and friendship with customers. The company’s modern organization and valuable partners enable it to successfully meet even the most demanding customer needs, in terms of both quality and quantity, throughout Greece.

Products & Services: Machinery/Equipment Aluminum Screw Caps Twist Caps Crown Caps Plastic Caps Pharmaceutical Caps Cork Stoppers Bottle Capsules Synthetic Corks T-Shape Stoppers Glass Closures Oak Barrels/ Tanks Alternative Oak Products Glass Bottles Glass Jars Tubes Cosmetics’ Packaging Aluminum Cans



DIAMONDS of the Greek Economy 2021

PACKAGING Industrial Turnover 2020: 9,060,451 € Profit Before Taxes 2020: 1,124,548 €

Kapelis Packaging S.A.

Innovation, Reliable & Efficient solutions!

Panagiotis Kapelis, Chief Executive Officer

Zinonos 11, VI.PE Koropiou, 19400, Attica Tel.: +30 210 6028770 E-mail: info@ kapelis.gr Website: www.kapelis.gr

288

DIAMONDS 2021

Kapelis Packaging, with a 35-year sucturing house, exclusive representatives of cessful presence in the field of packaging which are Kapelis Packaging. Evolution and and having accumulated extended experiinnovation are synonymous with Kapelis ence and know-how in various applications Packaging. in the food sector, continues pioneering As a culmination of the ongoing investand progressing, amidst the difficult times ment, both in terms of human resources of continuous economic and epidemiologiand infrastructure, such as moving to new, cal crisis we are all going through. privately owned high-standard facilities in With a multitude of machines and a wide September 2020, Kapelis Packaging was range of packaging materials, the company awarded as “Diamond of the Greek Econalways aimed at preserving the nutritionomy ”, for a second consecutive year. An al value of food, its longer shelf life, easy honorary distinction that gives prominence and safe packaging in transport, storage to the most dynamic and healthy Greek and handling. With a proven track record companies, based on specific economic inand a wide clientele in the Greek market, dicators and criteria such as profitability, the company is esteemed as the most spedebt burden, cash flow, equity to foreign cialized partners in food packaging, while capital etc. At the same time, specific facdeveloping complete solutions regarding tors are taken into account, such as the both food and non-food, as representatives capital invested by companies, their human of internationally recognized manufacturresources policy, as well as their corporate ers of packaging materials and machinery. social responsibility. After all, the point of The goal of Kapelis Packaging is to create reference for Kapelis Packaging’s corposubstantial and long-term partnerships with rate culture is the people who make it up customers, characterized by honesty, inteand the values they stand for, as without grated services, innovative products and fithem the company would not have reached nancially competitive and reliable solutions its current level. through its continuous development. Now, in 2021, the time has come for Already having set a landmark in the the repeat of this award and for Kapelis Greek food industry, by being the first to inPackaging to be a “Diamond of the Greek troduce the singe use, dual ovenable CPET Economy ” for the third time in a row. This trays in the local market many years ago, award partly belongs to all of the compaKapelis Packaging aspires to once more ny’s colleagues and partners, local and bring fresh air to the packaging sector, abroad, that have been backing Kapelis up introducing in the company’s range the with their efforts during the years of colworld’s first and top “airtight”, recyclable laboration. paper trays with high barrier for Kapelis Packaging S.A. modified atmosphere packaging 2019 2020 Change (%) (MAP) and Skin Turnover 8,120,902 € 9,060,451 € 11.6 by HALOPACK®. These eco-friendProfit Before Taxes 1,367,469 € 1,124,548 € 17.8 ly trays are perGross Profit 2,362,867 € 2,731,660 € 15.6 fectly sealed with the quality tray Total Equity 3,081,299 € 3,905,847 € 26.8 sealers of ReeLiabilities 2,647,571 € 3,601,254 € 36.0 pack manufac-



DIAMONDS of the Greek Economy 2021

CERTIFICATIONS Services Turnover 2020: 8.064.593,00 € Profit Before Taxes 2020: 600.951,64 €

TÜV AUSTRIA Hellas

Ioannis Kallias, Chief Executive Officer of TÜV AUSTRIA Hellas, Executive Business Director Business Assurance of TÜV AUSTRIA Group, Executive Member of the Executive Committee of TÜV AUSTRIA Group

Mesogeion Avenue 429, GR – 15343 Αgia Paraskevi Τ: +30 210 5220920 F: +30 210 5203990 E: info@tuvaustriahellas.gr

290

DIAMONDS 2021

Certification is Civilization, since 1994 TÜV AUSTRIA Hellas has been operating in Greece for more than 26 years, since 1994, and is a 100% subsidiary of TÜV AUSTRIA, which has a presence in over 40 countries in Europe, the Middle East and Asia. TÜV AUSTRIA Hellas provides independent third-party services in the form of Technical Audits, Inspections, Certifications, and transfer of know-how, combined with lifelong-learning services through TÜV AUSTRIA ACADEMY, in a large number of specialized sectors of economic activity. TÜV AUSTRIA Hellas operates in management systems and products certification, technical and industrial inspections, certification of professionals’ qualifications, legal compliance services and training services. Its central offices are based in Athens, with Greek branches in Thessaloniki, Heraklion (Crete) and Mytilene. Its personnel ha expertise in multiple

sectors of the economy and always stays updated, informed, and educated on the new socioeconomic data that each period reveals. Its personnel consists of 102 employees of high expertise in Greece and 250 external associates. The offered services are now up to 156 and add value to 39 significant and diverse sectors of the economy, such as the sector of the agri-food, the tourism, the industrial, the lifts and lifting equipment industry, energy, construction, health, computer science, etc. The healthy base that TÜV AUSTRIA Hellas builds on also reflects in its strong financial results, continuously winning new market shares. The company’s profitability between 2019-2020 had been increased up to 19%, by retaining its stable, consistent, and credible financial profile and by providing the feeling of secureness to its stakeholders, including topics of


lending and investment. Besides the liquid market state within the two previous years and the new reality that came along with the pandemic in a global context, the company continues its successful path of growth through proactiveness, adaptability and a fully operational managerial approach. Via its new services, for example Covid Shield-which ensures the safety in the business world and contributes to their restart and continuity, the message that TÜV AUSTRIA Hellas stands for, “Certification is Civilization”, becomes now more empowered and effective than ever before. Emphasis is given on a “result driven” aspect that promotes education. More than 550 educational business

seminars have taken place and in and the environment. The core values of TÜV AUSTRIA addition up to 3.500 e-learning sessions were provided by TÜV AUSTRIA Hellas reflect proactiveness, sustainable practices, human centric elements ACADEMY, merely in 2020. Many activities of Corporate So- and all the above are combined with cial Responsibility were also part of its commitment to further educate inthe company’s leading, conscious and dividuals, companies, and organisms effective performance in the country, to highlight the importance of safety such as “Adopt a Meal” where teams of and civilization. Because certification volunteers prepared and offered free is civilization. meals to those TÜV AUSTRIA Hellas in need, bool donations, ac2019 2020 Change (%) tivities against Turnover 7.757.822,42 € 8.064.593,00 € 4,0 food waste, Profit Before Taxes 502.092,52 € 600.951,64 € 19,7 donations to hospitals and Gross Profit 2.185.416,45 € 2.316.423,79 € 6,0 many others Total Equity 1.004.834,30 € 1.419.842,53 € 41,3 with main pilLiabilities 2.721.793,85 € 2.524.106,87 € -7,3 lars the society DIAMONDS 2021

291


DIAMONDS of the Greek Economy 2021

MEDICAL DEVICES Commercial Turnover 2020: 8.595.461 € EBITDA 2020: 2.601.944 €

Endoskopiki S.A. Kimon Kaloglou, CEO

12 Zagoras str, Athens 115 27 Tel: +30 210 7488820 Fax: +30 210 7470090 Email: info@endoscopiki.gr Website: www.endoscopiki.gr

292

DIAMONDS 2021

Since 1967 we provide innovative solutions ENDOSCOPIKI’s S.A. history started in 1967 with the establishment of a sole trader company selling medical supplies by Theofanis K. Kaloglou, a symbol of insight and diligence, who to this day holds the position of Honorary President. Over the years, as a result of its successful course, ENDOSCOPIKI was transformed in 1984, into a Société Anonyme, being the first Greek medical company to introduce in the Greek market innovative solutions in endoscopy. ENDOSKOPIKI S.A. is a family-owned business which is already moving towards the integration of its third generation in operation. The company provides high quality services and markets state-of-the-art medical instruments

and equipment, covering a wide range of the latest needs of medical specialties. ENDOSCOPIKI S.A. holds a leading position in the Greek Market, not only by distributing modern medical equipment but also by offering innovative solutions, such as designing, constructing and equipping modern endoscopic units, modular ORs, IVF laboratories etc. With a keen optimistic eye on the future of medicine, ENDOSCOPIKI S.A. will continue to grow and serve the precious commodity of Health. By constantly investing in the education of its people in all innovative medical technologies, it will continue to serve with great respect the needs of its customers. The headquarters of ENDOSCOPIKI S.A.


Endoskopiki S.A. Turnover Profit before Taxes Total Equity Liabilities EBITDA

2020

2019

Change (%)

8.595.461

7.632.856

12,61%

2.590.278

1.234.900

109,76%

5.679.995

5.920.736

-4,07%

2.853.629

2.405.814

18,61%

2.601.944

2.024.712

28,51%

is located in Athens, in its spacious private building. ENDOSCOPIKI S.A. also owns a branch office in Thessaloniki, which serves the needs of Northern Greece. Furthermore, it operates a technical/customer support office in Crete. As ENDOSCOPIKI S.A. is dedicated to its customer’s education, it often organizes trainings and presentations for doctors and nurses, hosted in its training centre which is equipped with high technology imaging systems and workstations.

DIAMONDS 2021

293


DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Industrial

ADELCO S.A.

Adelco history: From “birth” to now… Evangelos Colocotronis, President

37 Piraios St. 183 46 Moschato, Attica, Greece Tel.: 210 4819.311 Fax: 210 4816.790 Website: www.adelco.gr E-mail: info@adelco.gr

294

DIAMONDS 2021

A family, almost a century of history, and a company that continues to enjoy a dynamic presence, are the essence Adelco’s corporate identity. The story behind the firm begins a short while after the Asia Minor Catastrophe and the destruction of Smyrna in 1922, when the Kolokotronis family was uprooted and their lives changed forever. The quiet and prosperous life of Greeks living in Asia Minor was overthrown by the Creco-Turkish War of 1919-1922, and Kolokotronis family was among 1.5 million Greeks who relocated as refugees in Greece. Here, they had to rebuild everything from scratch, and adapt to new conditions for their survival. The great fire of

Smyrna had left a flame in their hearts which became a vision. In 1934, in Athens, brothers Omiros and Orestis Kolokotronis founded the E. Kolokotronis - Athens Paint Factory SA, which was to play an important role in Modern Greece’s industrial history. Adelco’s growth was rapid and the company proved to be strong enough to survive World War II. Kolokotronis brothers, as employers, shared a very strong sense of humanity, and having lived through the Destruction of Smyrna, they felt the pain and struggle for survival, proving in practice their humanistic qualities and compassion. During the war and the famine, the Athens Paint Factory supported its


employees and the local community with food and other vital supplies. Another strong element that runs deep in the company’s philosophy since its inception is the sense of “family” it shares with employees. In the 1950s, the company focused on pharmaceutical products, under the “Adelco” logo. It soon became a recognizable firm and one of the fastest growing companies in Greece. By gaining the recognition and appreciation of the medical community, it set even higher goals for stricter quality standards. However, apart from the pharmaceutical activity, Kolokotronis brothers decided to expand into other consumer products by offering a range of items for daily use. During the 1960s, Adelco introduced OM-OR, the first shampoo made and marketed in Greece, as well as the first fluoride Adelco Toothpaste. The two products dominated the market and established Adelco as a solid brand name.

As the hard work and vision of the Kolokotronis brothers remained alive through the years, a new family member took over the reins of the company. In the early 1980s, Adelco - Athens Company E. Kolokotronis Bros SA was founded, headed by Evangelos Kolokotronis, whose belief is: “High quality is the core value and the primary responsibility for a pharmaceutical company like Adelco.” Under E. Kolokotronis, the firm developed its dynamic path along the objective to play a dominant role in domestic and foreign markets. In the 1990s, the company embarked on an ambitious plan to expand activities internationally and gain increasing market shares. An independent export department was established and the company has since successfully entered several markets in the Middle East, North Africa, Eastern Europe, and the Far East. Enjoying a strong presence in international markets, Adelco, in 2000, focused

on upgrading facilities. Investments were made in new production machinery and developing new products. Human resources has always been the driving force behind the firm’s efficiency and dynamic course through the years, with expert and loyal employees staffing the sales, marketing, exports, production, R&D, quality control and quality assurance departments. The company’s current portfolio includes a large number of activities both in the pharmaceutical sector and the field of cosmetics and food supplements. Adelco is a vertical and modern production unit (10,000sqm), with 90 specialized employees and executives, as well as with an effective network of representatives throughout Greece and internationally. Adelco has been on a path of steady evolution for over a century, maintaining a strong relationship of trust with consumers and always giving priority to the high quality of its products.

DIAMONDS 2021

295


DIAMONDS of the Greek Economy 2021

ROBOTIC SOLUTIONS Industrial

Gizelis Robotics

Gizelis Robotics is a leading integrator of robotics systems and high-tech automation applications for the global industry market Evagelos Gizelis, Chief Executive Officer & Founder

Schimatari Viotias, 32009, Kormatzini Area Tel: +30 2262 057199 Fax: +30 2262 057185 Email: info@grobotics.eu Website: https://grobotics.eu

296

DIAMONDS 2021

“Gizelis Robotics invites industries and productive forces to implement smart factory IoT and 5G transformation practices in terms of Industry 4.0.”smart factory manufacturing” Industrial & business robotics excellence: Gizelis Robotics is the most modern robotic solutions company in Greece, offering products and solutions in a variety of industrial applications. It provides both unique and on-demand robotic systems solutions, as well as combined robotic and artificial intelligence solutions for the Greek and international industry. It is the newest company of the industrial group of companies GIZELIS S.A., which is one of the oldest, established manufacturers of sheet metal processing machines, with exports that now exceed 80% of its production. Its engineers and technicians have a long-standing experience on robotics systems and

autonomous mobile robots, with exquisite industrial applications under their belt. Located in privately-owned premises in Schimatari, the company develops new applications and runs all necessary trials needed to offer high-standard products and services. At the heart of the technological developments of Smart Manufacturing: The “Made in Greece” cutting-edge products and smart technologies developed by the company, place it today at the heart of the technological developments of Smart Manufacturing internationally. Gizelis Robotics contributes dynamically with its robotic systems know-how to the creation of a ‘Smart Factory’ in the con-


text of smart manufacturing in the Greek and international industries. The first smart factory (of Calpak) in Greece went live with the use of robots & cobots, utilizing at the same time the benefit sprouting from the combination of machine learning, specialized big data software and robotics for a gradual transition to new, unprecedented level of efficiency and productivity. Proof of the company’s excellence is the constant investment in human capital and new technologies that have brought it out, among other things in the 5th fastest growing start-up of robotics on a global scale. Gizelis Robotics is also developing in the Greek and international markets a state-of-the-art range of collaborative, autonomous mobile robots to upgrade the production capacity and material management capacity of companies in sectors such as industry, retail, logistics, etc. Gizelis Robotics has also used its valuable know-how and has launched in the Greek and international markets the new innovative and certified autonomous mobile germicidal robots ROBOTSAFE™, with fogging and UV-C ultraviolet radiation technology, aiming to address the urgent health conditions created by the Covid-19 pandemic.

application, all factors impacting its final outcome must be anticipated. For every single project to be implemented by Gizelis Robotics, a survey is conducted on correct operation and optimum system automation. All pieces of the application are originally sketched in 3D by means of special CAD/CAM software and then introduced to simulation programs, in order to draw useful conclusions in terms of e.g. proper layout of individual components, and operation times (cycles). This way, we guarantee success to our clients in all systems they install and we offer solutions covering all their automation needs. Awards & Recognition: The company has received numerous awards and recognition in Greece. In 2020, Startups-Insights’ Innovation Analysts recognized Gizelis Robotics in the Top 5 robotics industrial manufacturing startups in the world, after analyzing

the emerging technologies and up-andcoming startups working on solutions for the manufacturing sector, which included a total of 589 companies. BROOKSTREET EQUITY PARTNERS LLP BROOKSTREET is Gizelis Robotics’ strategic partner. A unique, commercially motivated and flexible Private Equity/Venture Capital (PEVC) investment group supporting companies which experience transformational growth. Our mission is to be “the leading investor and partner for innovative, profitable, high-growth and extrovert small-cap (SME) out-performers”. Based out of London (the bridge of the world) we outreach USA, Europe, Middle East and Asia. We seek opportunities in asymmetric (emerging and developing) markets where we have a distinct competitive advantage to apply Anglo-Saxon models of growth and expansion. Currently we are very active in SE Europe.

Robotics expertise - Solutions you can trust: We offer an array of new, innovative robotics systems and products that respond in a vertical and specific way to specific industry needs such as pharmaceutical, logistics, supply chain companies, FMCG, couriers, food & beverage companies, breweries, chemicals companies, constructions and the wider manufacturing sector. Every robotic application is unique regardless of its type, since it depends on: clients’ unique needs, existing machinery that the robots must collaborate with, specific product features, as well as the time span in which the above should be completed for each customer. So, it is understandable that in order to achieve success in any DIAMONDS 2021

297


DIAMONDS of the Greek Economy 2021

WATER Industrial Turnover 2020: €6.7m EBITDA 2020: €1.0m

Dirfys SA Serras Nikolaos, President and CEO

Dirfys: Stable growth in the bottled water market since 1981 Factory: 187 Artakis-Kymis, Kato Steni, 34014, Evoia Tel.: +30 22280 51166 Branch in Artaki: +30 22210 42270 Fax: +30 22280 51325 Email: info@dirfyswater.gr Website: www.dirfyswater.gr

298

DIAMONDS 2021

A purely Greek water bottling company Dirfys, has been growing steadily in the market since 1981. In the decade 2010-2020, the company developed significant sales in Greece and abroad in all sales channels, while in 2020, despite the pandemic, it is perhaps the only water bottling company that has achieved sales growth and tripling of its profitability. In 2020, Dirfys sales reached €6.7 million, with an increase of 5% com-

pared to the previous year. Dirfys production facility is located in Steni, Evia, in a newly built, modern industrial building. The firm uses high-tech and high productivity Combi equipment by the French company Sidel, to ensure the adequacy of bottling process, controlled at all stages. A modern and fully equipped chemical-microbiological control laboratory also operates at the same facility. All procedures are supervised by the


company’s well-trained human resources, who receive continuous further training. Since 2009, Dirfys has been implementing the HACCP system, the certified food and beverage quality assurance system according to ISO 22000 standard and the IFS quality assurance system. During the years 2007-2009, the company proceeded an investment in mechanical equipment and facilities valued at €13.0 million. Its next steps for 2022 include a €4.0 milion investment for a new production line that will double its production capacity. Dirfys is constantly strengthening its collaborations with wholesalers and all major supermarket chains, which until recently were the traditional and exclusive points of sale of bottled water of multinational bottling companies. In the past three years, Dirfys has achieved to be chosen as the preferred bottling company of private label water sold by the largest supermarket chains, leading to significantly high sales. Since 2010, Dirfys has focused on strengthening its exports, with pres-

ence in Cyprus, South Africa and the Middle East. Dirfys water gushes from the natural springs of Mt. Dirfys. The high altitude leads to the low-to-zero concentration of nitrates and nitrites, the complete absence of heavy metals and organic carbon. The chemical composition of the water shows an ideal ratio of calcium-magnesium (3 to 1), alkaline pH 7.9, as well as low concentration in sodium, confirming its full compliance with the standards of quality and beneficial composition for the human body. The spring of Dirfys water is located on the firm’s premises, a unique fact that favors the direct bottling from the spring to the bottle, within a time of a few seconds. It is worth to mention that, Nikolaos Serras, owner of the majority stake in the water bottling company Dirfys SA, was recently awarded by the Chamber of Evia as “Excellent Business Action” for his management skills in recent years, which due the economic crisis was a particularly demanding period. The company, as an active member of the community in which it oper-

ates, constantly develops responsible business practices, with an extensive CSR program that leads to its positive social footprint. Finally, since 2019, Dirfys is a member of the ELLA-DIKA MAS Initiative, a community of extroverted, productive manufacturing companies of Greek ownership. DIAMONDS 2021

299


DIAMONDS of the Greek Economy 2021

TECHNICAL - CONSTRUCTIONS Commercial Turnover 2019: 5,515,373 € Profit Before Taxes 2019: 1,678,235 €

N. & K. GOLIOPOULOS S.A.

Placing an emphasis on environmental protection Konstantinos Goliopoulos, President

56 Paradromos Attiki Odos (Sideway), 15234, Halandri, Athens, Greece Tel.: +30 210 6919033 Fax: +30 210 6090071 Email: kgoli@tee.gr Website: www.goliopoulos.gr

300

DIAMONDS 2021

Constructions Company N.&K. GOLI- with significant and long-term expeOPOULOS SA is a family-run business, rience in both public and private proactive in the construction projects jects. The firm has participated in severfield since 1961. The firm implements projects requiring a high level of tech- al important EU-subsidized research nical skills, experience and application projects. Its activity in the Environment sector has won it the “MARCOof groundbreaking technologies. The company operates in Greece RA” European Award and in the Conand Cyprus mainly in fields of energy, struction sector has won the “GOLD environment and waste management, CONCRETE” award. The company is ISO-certified in the as well as in the areas of facility operation and maintenance and indus- categories ISO 9001, OHSAS 18001, trial automation. In addition, the firm ISO 14001 and ISO 50001 for all ardevelops investment projects in the eas of its activity. It is also an actively involved member with the Greek Asfields of energy and marine pollution. The considerable know-how the firm sociation of Environmental Protection has acquired to date, together with Companies (PASEPPE) and the Panproper equipment and healthy financ- hellenic Association of Engineers Cones, are the best way to further grow tractors of Public Works (PEDMEDE). and develop specialized projects N. & K. GOLIOPOULOS S.A. requiring applied 2018 2019 Change (%) technological adTurnover 5,271,875 € 5,515,373 € 4.6 vancement. In all catego- Profit Before Taxes 1,938,794 € 1,678,235 € -13.4 ries of ConstrucGross Profit 1,997,403 € 2,312,348 € 15.8 tion Projects, 5,498,000 € 6,624,982 € 20.5 Goliopoulos em- Total Equity 2,359,827 € 1,722,235 € -27.0 ploys executives Liabilities



DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS

ALIEIA S.A.

Industrial Turnover 2020: 7,042,454 €

The process of investing in sustainability In the mind of an entrepreneur there are always dreams and ambitions that are set as his supreme goals. Goals that do not only benefit himself and his needs but also fulfill his vision. Mr Ioannis Giarenis was in exactly the same situation 20 years ago when he founded Alieia SA.Coming from a family with a rich background of over 52 years in the fishing industry Mr Giarenis had come to be considered one of the biggest and most successful fish sellers in

OFFICE 2nd Km Neas Michanionas - Thessalonikis P.C. 570 04, Nea Michaniona, Greece Τ. +30 23920 21587 F.: +30 23920 21586 E-mail: info@alieia.com UNIT Ampelos Bay, Sithonia, Halkidiki Website: www.alieia.com

302

DIAMONDS 2021

the country with great activity abroad and in the domestic market. He was a man who knew the fish industry so well that he started to notice the fall in quantities in wild fish due to overfishing. This was literally the fact that gave birth to the idea of Alieia Sa. Having as prerequisite the high quality standards that he had set for so many years as a trader, Mr Giarenis chose to establish the company in an area known for its crystal clear waters


and its spotless environment,Chalkidiki! More specifically, he chose his birthplace Sithonia! In addition,there is no other organized fish farming unit in northern Greece,thus contributing to the creation of a flawless and highly nutritious product. But the environment alone is not enough to create such a product. Alieia works with very strict protocols of quality of production and packaging, but also with the guidance of Mr Giarenis who has such a great knowledge on the subject due to his experience! In fact the company cooperates with several quality certification bodies with the one who may stand out being the one who works with the company for the <Antibiotic free> certification which Alieia will be the first company in Greece to acquire. The above qualifications make Alieia a

very strong force in the export sector but also in the catering sector where the company also aims due to its premium quality. Finally with the continuous growth of the company, its name has been achieved to be synonymous with quality,reliability, and consistency among the customers and the industry. Our dream is for the company, in addition to a product production unit, to be considered as a body for the protection and conservation of marine life! Seeing the marine populations decreasing but also knowing the respect and austerity the company shows in matters around the environment,we dream that this purpose is not only sacred but also achievable! After all,Alieia as a company supports that the key to understanding the business future is summed up in one word:sustainability! ALIEIA S.A 2018

Turnover

2019

Change (%)

3,761,794 €

5,388,281 €

43.2

Profit Before Taxes

310,251 €

421,422 €

35.8

Gross Profit

923,959 €

1,079,882 €

16.9

Total Equity

2,746,630 €

2,950,725 €

7.4

Liabilities

7,428,474 €

8,882,867 €

19.6

DIAMONDS 2021

303


DIAMONDS of the Greek Economy 2021

TOURISM ENTERPRISES Commercial Turnover 2019: 2,095,079 €

PULMAN LTD

Panagiotis Charalampous, Owner

The most organized luxurious TRANSPORTATION service in Thessaloniki «Excellent Luxury Car and Bus Services» is one of the leading passenger transportation companies in Northern Greece, with more than 20 years of presence in the market. We have created a modern network of luxurious buses, mini buses, cars and limousines to offer you the maximum safety, luxury and comfort in your transportation. The firm is certified as per ISO 9001: 2015 service quality and ISO 39001:2012 road safety. Its clientele includes VIPs, multinational corporations, industries, sports clubs, cultural associations, State organizations, universities, schools, etc.

Pr. Hlioupoleos, 570 13 Oreokastro, Thessaloniki Tel.: +30 2310 280800, 2310 685097 Fax: +30 2310 508198 Email: info@excellent-services.gr bus@excellent-services.gr Website: www.excellent-services.gr

304

DIAMONDS 2021

A privately-owned fleet comprises the following: • More than 50 buses, 7 - 93 seats; • Stretch limousines and luxury cars for VIP travel services with driver; • Vintage cars for social events (weddings, etc.) and promotions; • Vehicles for disabled people. At the same time, the department «Excellent Travel Services» operates for the organization of excursions, conferences and events. «Excellent Apartment services» can offer you luxury accommodation in Chalkidiki, in their own apartments

by the sea, while in 2020 the disinfection company “Excellent Cleaning Services” was created and certified with COVID AWARD and ISO 9001:2015 quality services, to make «Excellent Group» customers feel the maximum health safety. Excellent Τravel Services’ long experience in the field of travel, the special training and the specialized skills of its executives guarantee the impeccable service of its customers. Our quality is summarized in 6 Points of excellence • Constantly updated fleet of cars and buses At Excellent, our car fleet is constantly updated. We manage to keep the average car age as low as possible, which contributes to the most important points of excellence: quality and safety. • We offer a privately-owned maintenance service The maintenance of our cars is performed by specialized engineers in our privately-owned service station with the specifications of the importing delegations that always ensure the excellent condition of all buses.


pass all of our customers’ expectations. We feel joy and energy when we communicate with our people, customers, colleagues, and partners. Responsibility and confidence are the basic elements that made us stand out. Our customers know that they can count on us. This philosophy is our compass.

• Experienced drivers Our drivers have a multi-annual cooperation with our office and are all highly experienced with trips in Greece and abroad. They are very friendly and helpful, and in constant communication with the coordination centre of our office. • Luxury and comfort along the way Buses and cars are equipped with the latest security and monitoring systems as well as amenities for passengers. Our buses have panoramic tinted windows, air conditioning, sound system, refrigerator and most of them have toiletries, TVs, DVDs and a mini kitchen for coffee and drinks. • 24-hour service We always offer a 24-hour service with security staff in the coordination centre of our office for immediate and reliable service. • Optimal health insurance At Excellent Car Services, to ensure the health and protection of our passengers and employees, we carry out special-

ized applications of integrated programs. We apply thorough decontamination, high-quality sanitation methods and multiple disinfection solutions (Bio – Sanitizers +) to establish the complete restoration of all vehicles, which gives us the advantage to offer safe transportation with the feeling of optimal safety. All company staff and drivers have attended the training programs: Management System ISO 9001 & ISO 39001 (Implementation And Internal Inspection, Management System And Hygiene Implementation Covid-19) Our philosophy Security, comfort and luxury for every client!!! This is the business philosophy that has governed the management and every employee in the department of «EXCELLENT CAR AND BUS SERVICES» for 20 years. Our anthropocentric philosophy and quality is what characterizes our company. From the way we communicate to the organization and implementation of a service, we want to feel that we meet and sur-

Our vision Excellent cars is already a well-known company with the best buses and high-quality services. Our vision is to be the top name in the transportation industry in Greece and to continue to be 100% Excellent. Our values All people at Excellent Cars are like a family. Teamwork is the most pervasive element throughout the company. Teamwork comes into play at all levels and there is no discrimination between executives and employees. For the company’s executives, Excellent means: • Excellence • Quality • Security • Reliability • Accuracy • Professionalism • Luxury • Growth Let us take you to a journey to the highest luxury which is beyond anything you have ever imagined. Let us introduce you to the most gorgeous way of life with our luxurious transportation services.

DIAMONDS 2021

305


DIAMONDS of the Greek Economy 2021

ENERGY Industrial Turnover 2019: 1,453,889 € Profit Before Taxes 2019: 669,379 €

Pindos Energy Group

Among the pioneers in this sector Pindos Energy Group is involved in energy generation through the development and operation of Renewable Energy Sources projects. It is one Greece’s first groups to operate in this sector. Pindos Energy was founded in 1998 in Ioannina, Greece, and today six companies are operating within the Group. Energy projects in operation comprise 6.64 MW of Small Hydropower and 1.57 MW of Photovoltaics. The firm’s total investments to date amount to some 25 million euro. Pin-

Akadimias 6, 45 332, Ioannina, Greece Tel.: +30 26510 85090 Fax: +30 26510 85091 Email: pindos@pindosenergy.gr Website: www.pindosenergy.gr

306

DIAMONDS 2021

dos Energy has been awarded as Epirus’s Best Energy Company in the Epirus Business Forum 2012. The group’s projects, at various stages of development, are shown in the following table: Technology

Power (MW)

Small Hydro

13.94

Wind

59.4

Photovoltaics

10

TOTAL

83.34

cusing in maintenance and operation of energy projects and facility management. Power Energy Services is accredited as per ISO 9001:2015 for the maintenance and operation of energy projects.

By 2020, the company expects to commission an additional 4.6 MW of Small Hydropower Plants. The firm employs engineers and technicians specialized in renewable energy, and invests in on-going staff training. The Engineering Department is responsible for the design, construction supervision, maintenance and operation of renewable energy projects since 2000. The company has the necessary equipment to Pindos Energy cope with the 2018 2019 Change (%) above - men1,562,659 € 1,453,889 € -7.0 tioned activi- Turnover ties. Power En- Profit Before Taxes 741,167 € 669,379 € -9.7 ergy Services Gross Profit is the spinoff 12,818,793 € 13,349,404 € 4.1 company of this Total Equity 495,936 € 252,628 € -49.1 department, fo- Liabilities


DISTINGUISHED COMPANIES


DIAMONDS of the Greek Economy 2021

BANK Services

Piraeus Bank

Who we are Piraeus Financial Holdings S.A. is a financial holdings company, listed on the Athens Stock Exchange, and the parent company of the banking institution “Piraeus Bank S.A.”. Subsequent to the corporate transformation that took place on 30 December 2020, the banking operations were hived-down to a new wholly owned banking subsidiary (Piraeus Bank S.A.). Certain non-banking sector activities remain with the parent entity of the Group, which evolved into a financial

holding company listed on the Athens Stock Exchange (Piraeus Financial Holdings S.A.). The key subsidiary of Piraeus Financial Holdings S.A. is Piraeus BanK S.A., it is headquartered in Athens, generates 95% of the Group’s revenues, and has approximately 10.0 thousand employees. Piraeus Bank offers a full range of financial products and services to 5.5mn customers in Greece. The Piraeus Bank Group’s total assets stood at €71.6bn on 31.12.2020.

Piraeus Bank Group in Greece/ December 2020

Amerikis 4, 10564, Athens Website: www.piraeusholdings.gr

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DIAMONDS 2021

Net Loans

€39.6bn

Employees

10.0th

Deposits

€49.6bn

Customers

5.5mn

Branches

484

ATMs

1,888

Piraeus Bank was founded in 1916. Today it represents the leading Bank in Greece with 30% market share in terms of customer loans and 29% in terms of customer deposits. The Bank is committed to play a leading role in the Greek economy, actively supporting economic activity and extroversion through specialized solutions and high-level services to its customers. Piraeus Bank’s main targets are: (a) enhancement of revenue sources and operational efficiency to generate sustainable profitability, (b) improvement of asset quality, through the consistent delivery of the 2021 non-performing exposures (NPE) reduction plan, (c) further strengthening of capital buffers, and (d) expanding lending to support the country’s economic recovery. In 2020 we managed to navigate a number of headwinds, achieving significant milestones that set the foundations of the next day for Piraeus Bank. Our solid operational progress of 2020 is reflected in the €6.3bn new loans, €5.1bn new private sector deposits and the defence of our core organic income lines. At the same time, we attained further cost efficiencies thanks to our well rolled-out transformation plan. This progress signifies the potential that Piraeus can realize once the macroeconomic environment recovers. Today we are taking another major step forward in the de-risking agenda we have been rigorously pursuing over the past years, allowing us to focus on our core strengths and fund the Greek economy. The Sunrise Plan consists of a series of landmark transactions that will definitively normalize the balance sheet of Piraeus and support an attractive financial outlook, built on sustainable profitable growth. The €7bn Phoenix-Vega transactions,

which are expected to culminate in mid2021 facilitated by HAPS, provide us with the execution capacity to proceed at a higher pace with our NPE clean-up. An incremental €12bn NPE reduction is scheduled for the next 12 months that will bring us faster to a single-digit NPE ratio, enabling us to attain a return on tangible equity above 10% in the medium term. To facilitate this plan, a series of concerted and comprehensive capital enhancing actions with cumulative benefit of approximately €2.6bn are sequenced in the following period, of which c.€1bn via a share capital increase through a non-pre-emptive fully marketed offering. Actions on top of the share capital increase are either completed or well under way, generating approximately €1bn of capital: (a) €0.4bn gains from our sovereign bond portfolio already booked in Q1.2021, (b) €0.3bn from the sale of our cards merchant acquiring platform and (c) €0.3bn capital benefit from synthetic securitizations of select performing loans. For the cards acquiring sale, as well as the first synthetic securitization, both of which comprise inaugural transactions for the Greek market, we are happy to announce today the signing of binding agreements with prominent strategic international players. In addition, we submitted today an application for the inclusion of our new €7bn Sunrise 1 NPE securitization in the “Hercules” Scheme. From a position of strength and with a legacy-free balance sheet, we are opening the door to a new chapter in the Bank’s history. The anticipated support of our shareholders on the planned share capital increase will be a testimony to the prosperous future that lies ahead for Piraeus, and the attractive returns that our Bank will be able to deliver in the coming years.



DIAMONDS of the Greek Economy 2021

FMCG Services

Adus S.A.

Your business partner in Greece Mr. Takis Loukeris, CEO

14 Nemeas St., Agioi Anargiroi, Athens, 13562, Greece Tel.: +30 2102623696 Email: sales@adus.gr Website: www.adus.gr

310

DIAMONDS 2021

ADUS, constantly growing for the past decade, provides specialized and effective services to FMCG businesses in Greek and international markets. The firm implements a pioneering Outsourcing Business Μodel in the following sectors: (a) Distribution; (b) Merchandising and Ordering; (c) Sales Promotion; (d) Product Placement; and, (e) Export & Import. Our strategy is to increase our customers’ sales while at the same time reducing costs. Our mission is to establish brands in the Greek retail market and to develop business. To achieve all these, we: • Adopt new technologies. • Transfer the Market’s Know-How. • Increase your Sales. • Improve product placement. • Provide state of the art Merchandising and Ordering service. • Minimize the Cost of sales department. • Design & implement dynamic promotional activities. • Are an essential partner to your profitability strategy.

ADUS continuously empowers its mission as a Provider of an Outsourcing Model for FMCG, building up sustainable partnership relationships characterized by the firm’s commitment to sustainable growth, commercial development, minimization of the cost of sales and securing increased profitability for its clients. Our successful partnerships indicatively include the following companies: Violanda, Christodoulou Family, Dr Oetker, Palirria, Karoulias, EMFI (EVGA), Hell Energy, EPSA, Theoni, Kriton Artos, and many more. ADUS has been awarded for its Outsourcing services. By: • PRAISE - Sales Excellence Awards 2013. • BRONZE - Sales Excellence Awards 2014. • BRONZE - Mobile Excellence Awards 2015. • Diamond of the Greek economy Awards 2020. • Best Launching 2020. Each award and every honorary dis-


tinction helps us become better and stronger! Adus is an active member of the Hellenic Federation of Enterprises (SEV), the British-Hellenic Chamber of Commerce and the Delphi Economic Forum. A trustworthy partner After 11 years of experience, we have proven that ADUS is not only a service provider that can increase your company’s sales, but also a partner you can trust, to deal with crises and unexpected market events. A very recent example is the COVID-19 pandemic, which caused havoc in the global economy, unlike anything we have seen before. Our experience, expertise and ΙΤ infrastructure, gave us the capability not only to support our partners to get out of this crisis and effectively cope with new challenges, but also to strengthen their position in market. As presence in supermarkets is necessary, ADUS never stops its operation, especially during the “lockdown” period, when a product’s shortage would have an almost double cost for the company, as consumers would opt for an alternative, prescribing the product’s poor future sales. As health and safety of our staff members is a paramount priority, ADUS adopted all safety measures introduced by the WHO (World Health Organization), to ensure health protection of both customers and staff. Meanwhile, our web-based structures and technologies limited the levels of our exposure. Our security-focused approach gave comfort to supermarket staff, in turn allowing us to continue our work. ADUS’ sales team continued their in-store visits, monitoring and organizing our clients’ products on shelves. Thus, we managed to increase our partners’ sales and empower our position in the supermarket segment. ADUS is regarded as an indispensable partner for fast and effective product supply services. In addition, as the coronavirus pan-

demic continues to spread, with a sense of responsibility for companies facing difficulties due to staff absence from sales departments, we decided to introduce a flexible cooperation scheme, for as long as the crisis lasts. Our proposed services can increase a company’s sales instantly, by frequent communication through scheduled in-store visits; specialized merchandising services, provided by our experienced representatives in

supermarkets; logging, stock counting, putting products on the shelf and recommendations to the supermarket manager, on the amount of stock to order, a process which, as statistically proven, leads to indirect and continuous increased sales. Our services guarantee the continuous presence of products in supermarkets, while the product management process reflects our professionalism and benefits our clients with added value.

Services segmenta on for business excellence

SALES MERCHANDISING KEY ACCOUNT MANAGEMENT

ATL & BTL Marke ng Trade marke ng

Customer opera ons

BI Repor ng

Looking Outwards

Measurement services

DIAMONDS 2021

311


DIAMONDS of the Greek Economy 2021

MEDICAL SERVICES Services

AFFIDEA GREECE

Theodoros Karoutzos, CEO, Affidea Greece

122 Vouliagmenis Ave., 167 77 Hellinikon, Athens - Greece Τel.: +30 210 6148780 Fax: +30 210 6148782 Email: info.gr@affidea.com Website: www.affidea.gr

312

DIAMONDS 2021

Human-centered innovation and high-quality care Affidea is the leading provider of advanced diagnostic imaging, outpatient and cancer care services in Europe, operating 280 centers in 16 countries. Within our growing network, we manage care, ensuring patients receive appropriate, personalized care from leading medical experts. Internationally benchmarked standardized care, consistently high standards of clinical governance in every country in which we operate and world leading safety standards, both for patients and staff, are at the heart of everything we do. The integration of digital technology, artificial intelligence and big data analysis into med-

ical practice is particularly important for improving clinical performance, extending medical accuracy and ultimately faster diagnosis. The scale of our network allows cost-effective, timely access to our services. Our recognized clinics, extensive coverage and standardized quality of care makes us the provider of choice for private health insurers, patients, doctors and NHS. With 16 years of presence in Greece, Affidea is already a dynamic player in primary healthcare, specifically in the market of diagnostic digital imaging and biopathology laboratories. Affidea Greece boasts an extensive Pan-Hellenic network of standard


medical facilities, offering high-level safety, comfort and aesthetics, constantly developing across the country. All centers are certified according to international standards ISO 9001 and ISO 27001, while biopathology labs are accredited by the National Accreditation System as per ISO 15189. Investments made in recent years, combined with continuous upgrades of premises and building infrastructure, are the best guarantee for the provision of an outstanding patient experience. Under a human-centered orientation, Affidea is constantly investing in cutting-edge medical and digital technology and innovative practices to improve health services

and patients’ quality of life. Affidea continues to invest and pioneer, focusing on patient’s needs, faithful to its vision and mission to provide the most modern health services, delivered with empathy, built on professional trust and driven by innovation. Our philosophy is based on the belief that “nothing is more important than health”, an idea that guides our people, healthcare professionals, doctors and nurses, every day and on which we build all our services. “Despite the current critical environment for the national healthcare systems across the world due to COVID-19 pandemic, we continue to offer

outstanding patient care with positive medical outcomes. We make this possible by delivering clinical excellence, using innovative medical and digital technology with a focus on continuous improvement. We remain committed to our vision, creating added value in the societies where we operate our centers and we are proud of our footprint. We are moving full speed and in line with our strategy to consolidate Affidea’s position in markets with strong potential for continued growth, while, at the same time, expanding our portfolio of outpatient capabilities”, stated Mr Theodoros Karoutzos, CEO, Affidea Greece. DIAMONDS 2021

313


DIAMONDS of the Greek Economy 2021

ALUMINUM PRODUCTS Industrial

Alumil S.A

George Mylonas, President

Building excellence every day The Company With more than 30 years of experience, 2.350 employees, advanced industrial facilities and a strong international sales network in over 60 countries worldwide through 32 subsidiaries, ALUMIL is one of the most advanced companies globally in the design and production of aluminium architectural systems, owning state-of-the art production lines in 12 factories over Europe.

Head Offices: Gogousi str. 8, GR 56429 Efkarpia, Thessaloniki, Greece Tel.: +30 2313 011000 Fax: +30 2310 692473 Email: info@alumil.com Website: www.alumil.com Factory: Kilkis Industrial Area, GR 61100, Kilkis Tel.: +30 23410 79300 Fax: +30 23410 71988

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DIAMONDS 2021

The Products Through our modern production facilities, strict quality controls and our innovative Research & Development Department, we ensure the creation of safe, functional and innovative quality products that improve people’s living standards and contribute to sustainable development. For over 30 years, we design and develop solutions on a global scale and provide prod-

ucts tailored to the local needs of each market. The accumulated experience of ALUMIL, through its engagement in international markets, leads to solutions that incorporate state-of-the-art technology and products that are oneof-a-kind. They are ideal for any type of constructions and can become architectural statements for every new project thanks to their outstanding design, performance and top quality. The Projects ALUMIL’s innovative architectural aluminium systems equip some of the most iconic high-scale buildings in the world. From the impressive headquarters of GOOGLE in New York and the astonishing and award-winning Vancouver House, to the magnificent Five Palm Jumeirah Hotel in Dubai and the awe-inspiring Crown Sydney. ALUMIL’s systems know no borders.


The Sustainable Way The main company’s goal is to produce high-quality architectural aluminium systems. We try to fulfill this goal not only by developing premium products, but also through a sustainable business model that is human and environmentally friendly. Thus, we have invested in a new aluminium scrap separation unit, which was recently created in our facilities in Greece. The new unit enables us to increase by 40% the green aluminium that we produce in the next 3 years, in order to constitute 70% of the total raw material used in our production. Our intention is to enhance our operations with production processes that minimize our carbon footprint and contribute to a cleaner and greener environment for generations to come. The Vision In our company we are “building excellence every day” and we know that in order for our actions to be efficient, we should contribute to urban development. Therefore, we created the international architecture ideas competition “ArXellence” that connects the members of the global architectural community, establishing a significant platform of innovative proposals. It is worth noting that in the recent competition, “ArXellence 2”, 173 final projects were submitted, while 6 prizes and 4 honorable mentions were awarded among the participants. Furthermore, ALUMIL, as a leading company in aluminium industry, keeps raising the bar of quality and innovation. For that purpose, we founded ALUMIL Academy, a school dedicated to the aluminium industry. Our Academy educates young people who want to enter the field and also provides customized training to our partners. We lead the way of construction excellence, and we strive for the creation of products that contribute to more sophisticated projects and improve the quality of people’s lives.

DIAMONDS 2021

315


DIAMONDS of the Greek Economy 2021

INSURANCES Service

APOLLON S.A

We insure people’s needs, from 0 to 115 years old We apply the principles of a Multinational Enterprise: Transparency, Targets, Strategy, Non-Discrimination and Equality among Partners

71, Athinon Ave., 10173, Athens Tel.: +30 210 34 83431 Email: apollon@saracakis.gr Website: www.apollonbroker.gr

316

DIAMONDS 2021

APOLLON S.A. Insurance Broker has been operating in the Greek Insurance Market since 1956. Initially, it was founded as a Home broker to serve the insurance needs of Saracakis Group of Companies. It is one of the oldest insurance broking agencies of the Greek market and is part of Saracakis Group of Companies. It is worth noting that Saracakis Group of Companies has been providing mobility services since 1922. After the recession the automotive sector suffered during the last decade, APOLLON S.A. strategically decided to be developed into an independent insurance broking company, growing its openness and operating in all insuring sectors. As are result, it has now been evolved into a modern Insurance Broker and provider of integrated insurance and risk management services. It is a multichannel business, and it incorporates the following sales channels:


• A national network of insurance brokers all over Greece • An authorized dealer network representing Honda – Mitsubishi motor departments and other brands • Direct Sales Force • E -shop • Inhouse Broker • Inhouse Agency It employs 20 people and adopts integrated structures in both Motor and Non Motor sectors and in Life & Health insurance sector. The company cooperates with the most trusted insurance groups and its customer base contains business customers, sole proprietorships and private customers. Our Vision for APOLLON S.A. is to be the best Insurance Broking Company in the market for its customers and partners, providing a “Distinguished Experience” through effective and innovative insurance services, ensuring growth and profitability, operating in an environment inspiring Reliability, Respect and Pride.

Aims & Perspectives Our aim is to provide our Partners and Customers (both businesses and private) a holistic support, based on the most reliable and specialized insurance knowhow, so that we can meet their needs and expectations in the best possible way. The increasing number of contemporary risks arising and threatening both businesses and private individuals, demands constant updating, expertise and problem-solving skills, which APOLLON S.A can provide. For the next five years, our main Strategic targets are summarized as follows: • Openness growth, • Further IT and automation development, • Further optimization of our model/operating procedure, providing our partners with agency broker structures, • Further expansion of our customer base, • Development of a “Dedicated Partners Network”, • Further penetration of our Direct customers and our Partner Network

DIAMONDS 2021

317


DIAMONDS of the Greek Economy 2021

BUSINESS CONSULTING FINANCIAL ADVISORY FIRM Services

BSS Bulding Solid Success Efstathios Liakopoulos, Founder & CEO

Bringing Success BSS was founded in 1998 with a clear vision to contribute to the development of the Greek businesses. If every firm had a Consultant for support and guidance, then every businessman would be a few steps away from success.

51 Vouliagmenis Av. & S. Karagiorga 104, 16675, Glyfada Tel.: +30 210 4838 601 & 602 Website: www.bssplus.gr

318

DIAMONDS 2021

The Company BSS the last 23 years is working on the field of advising businessmen in all financial aspects of their business. One of the most successful consulting firms in Greece, with the deep foundations and excellent synergies helping hundreds of companies to achieve their goals in all business sectors. With vision, knowledge, experience, creativity, and passion for the entrepreneur, we lay out a solid course for business success. We are a growing organization that thrives on new technologies. We have developed a network of 500 associates all around Greece, we hold offices in Athens, Thessalonica, Xanthi, and Larissa, and we are setting up two more

in Crete and Cyprus (Nicosia). With 50 acknowledged in-house professionals and tens of affiliates, we face new challenges and come across new opportunities every day, as we lead the Greek businesses towards success. The Market The Greek economy was negatively affected from during the coronavirus health crisis and the 10-year economic crisis that preceded it. Nowadays the expectations for the Greek economy are only positive. We know that our country now harbors great prospects and faces significant challenges. It features renowned businessmen and exemplary entrepreneurs, and it is situated in the middle of a unique geopolitical region. At BSS, we are very optimistic for things to come. The Greek businesses have repeatedly proven their capabilities. They now have the chance to reposition themselves by restructuring and developing. The necesssary skills to suceed are vision of the


From left to right: Achilleas Adamopoulos, Efstathios Liakopoulos, Thomais Tousiadou reached goal, good cooperation and positive spirit. BSS has been growing in numbers lately. The last four years we trebled our revenues, while sustaining our high profitability and professional well-being. We need only mention that we boast a 100% approval rate for all projects we submitted under the Greek Development Law, we fund €1,5 billions worth of projects annually, and we are acting C.F.O. at more than 300 Greek Companies. In addition, during the hard era of the economic memoranda, we completed more than 1.100 operating and financing restructurings with big success. We have a 95% clientele persistency, and we take a holistic view for all clients, thereby achieving comprehensive results that address most of their needs simultaneously. Main BSS achievements During the past four years: We increased our acting C.F.O. presence by 123%. In 2020 alone, we submitted 227 claims for subsidies under the NSRF (National Strategic Reference Framework or “ESPA”) and the Development Law, thereby contributing to the financing of the Greek economy. We assisted businesses and entrepreneurs with their search for invest-

ment funds, succeeding in over 60 occasions. We took part in financings for sums over €700 million, and negotiated terms for loans exceeding €1 billion in total, while tapping into all available bank funding programs. We completed over 1.100 debt restructurings, featuring some of the most important for the Greek economy, while achieving large penetration into the NPL sector. We enhanced our accounting supervision portfolio of businesses by 72%. We completed 193 cases of GDPR compliance in the hotel, service, food, and restaurant sectors. We certified over 270 businesses under ISO 9001, ISO 27001, ISO 14001, ISO COVID. We are the single Greek consulting firm that received the 2017 award for Professional Excellence from EFQM (European Foundation for Quality Management), and we recently received 3 golden and 1 silver awards – one earned for our Business Shakeout and Reorganization Services. In 2021, we received the Superbrand 2021-2022 Award for our continuous efforts to change the entire way of doing business in Greece. Our non-stopping activity, client-driven approach, teamwork, and our recognition as a trusted partner by our clients, all led to this award.

BSS is a firm with an exemplary presence and functioning, by proof of ISO 9001 & ISO 27001. Products & Services BSS is the answer to the needs and wants of Greek businessmen regarding the organization, improvement, and growth of their businesses. Its scope is a “360o holistic approach” to business, incorporating all services in various sectors. We wholeheartedly support every new and innovative technology using fully applicable and integrated into the Greek economy reality strategies. We provide never-ending services on permanent and effective solutions. Our expertise, long experience, knowledge, and continuous connection with the centers of decision-making, combined with our rich portfolio of contacts in Greece and other European markets, help us keeping abreast of the international developments relating to Business Consulting, Accounting, Tax Planning, Financial Management, Banking, Subsidies, Investments and Funding, Restructirings, and Seminars. Available tools: Liquidity, Greek Development Law, NSRF, Debt Restructurings, fully equipped Finance and Accounting Departments, Consulting, ISO certifications, GDPR compliance, and COVID Shield. DIAMONDS 2021

319


DIAMONDS of the Greek Economy 2021

Quality is in the center of all our services, communications, and achievements. Honesty is the core of every collaboration, so that we march side-by-side with the client towards success. Commitment to clients and associates is manifested in our dedication to the desired outcomes. Effectiveness is what makes us stand out and build relationships based on trust. Our strong ethic is the foundation.

From left to right: Ioannis Kotsomitis, Ioannis Vasilakis, Efstathios Liakopoulos, Christos Babatsias

Recent developments The long and ascending progress, the solid and decisive steps, and the needs of clients and associates has always been the motivating power of BSS. The difficult economic climate made us stronger to the benefit or our clients. In 2020, amidst the Covid-19 crisis, we set up our new Thessaly office in Larissa: a modern office, with experienced executives, and a portfolio rich in innovation and know-how – a valuable tool for the local industry and energy investments. Our growth strategy continued in 2021, featuring the new offices in Salonica and the strengthening of the local executive team, aiming towards comprehensive services for

320

DIAMONDS 2021

the provinces of Thessalonica, Chalkidiki, Serres, Kilkis, and the Western Macedonia area. They involve specific projects in tourism and rural tourism, industry, logistics, marines, waste processing, and trade. We have completed the spinoff of Tax and Accounting Dept. so that the new Company BSS TAX, a member of BSS Group, may offer an even wider array of Tax and Accounting services for clients in every sector, help them prosper in a digital environment, and deal effectively with all new and complicated tax and employment laws. Values and Vision Our values are constant and non-negotiable:

Milestones 1998 Mr. Efstahtios Liakopoulos assumes his consulting activity. 2010 He founds BSS – Building Solid Success. 2011 The firm invests on an ERP/CRM system to keep track of its growing portfolio. 2015 Headquarters move to 51 Vouliagmenis Blvd., Glyfada. New departments of General Management, Project Management, Account Management, and Backoffice are created. 2017 Next stop: Thessalonica – dynamic entry into the business environment of Northern Greece. EFQM business excellence award received. 2018 New office in Xanthi, aiming to help the businesses of Thrace (Xanthi, Rodopi, Evros) improve and grow. 2020 New office in Larissa, Thessaly, aiming for the development of the local Industrial Area, the rural tourism, energy, and trade. Three Golden and one Silver Award in the Accounting Awards 2020. 2021 «Superbrand 2021-2022» award in Business Consulting. Relocating the Salonica office and hiring new associates, aiming to service Salonica, Chalkidiki, Serres, Kilkis, and the Western Macedonia region. Creating BSS TAX to offer a wider array of Tax and Accounting services.


Suppliying on a daily bases more than 500 farmacies in the Peloponesse, the Ionian Islands & in a part of Northwest Greece

PHARMA GROUP MESSINIAS S.A. 29 Filopimenos str

II 241 34 Kalamatas

Tel: +30 27210 84502 PHARMA GROUP ΑCHAIAS S.A.

PHARMA GROUP ARGOLIDAS S.A.

40 Iou str, Ag. Georgios, Lagoura

3rd klm National road of Nea Kios-Nafplio

263 35 Patras

212 00 Argolis

Tel: +30 2610 624460

Tel: +30 27210 84502

www.pharmagroup.gr


DIAMONDS of the Greek Economy 2021

CENERGY HOLDINGS

We serve the growing global demand of energy and data transmission and distribution, aiming to contribute to the energy transition Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, two Greek companies positioned at the forefront of high growth sectors, such as energy distribution and telecommunications.

www.cenergyholdings.com

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DIAMONDS 2021

Cenergy Holdings’ companies provide product solutions and turnkey services to a large number of customers in the energy, telecommunications and construction sectors. With significant experience implementing largescale projects globally and a strong


focus on customer satisfaction, the companies are considered to have a leading role in their respective sectors. Corinth Pipeworks is a world leader in steel pipe manufacturing for the energy sector and major producer of steel hollow sections for the construction sector, with a long record of challenging offshore and onshore applications around the world. Hellenic Cables is one of the largest power and telecom land and submarine cable producers in Europe, with a large number of turnkey projects undertaken in high voltage submarine power cables.

The companies in Cenergy Holdings’ portfolio: ● Have a long history of implementing large-scale projects in more than 70 countries ● Provide value added products and solutions for niche markets enabling energy transition ● Offer specialized, high technology solutions and turnkey services ● Invest continuously in R&D&I and technological advancement and have state of the art and cost-efficient production facilities ● Serve major customers worldwide for nearly 70 years ● Employ more than 2,000 highly skilled and talented people ● Are committed to sustainable production and operate responsibly creating value to all their stakeholders

Cenergy Holdings’ companies lead the way in the transition of the clean energy economy and the energy transition being active in: ● Renewable energy sources ● Offshore wind farms ● The New Hydrogen era ● Natural gas distribution and Carbon capture and storage technologies. Our companies are committed to helping combat climate change and are assuming responsibility for reducing their carbon footprint not only in the production of their products, but by designing technological solutions that will transform the economy into a carbon neutral economy. Based on this commitment, Cenergy Holdings’ companies design their strategic approach and perceive their sustainable growth through the successful response to the challenges of a green future.

DIAMONDS 2021

323


DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS - COFFEE Commercial

Harris Gryparis, Chief Executive Officer

Coffee Berry The impressive growth continues...

3, Nikiforou Vrettakou St., Alimos, 17455 Tel.: +30 210 2242000 Website: coffeeberry.coffee Email: info@coffeeberry.coffee

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DIAMONDS 2021

With over 165 stores in Greece, Cyprus and Egypt up to this moment and with additional agreements for foreign markets in progress, the impressive growth of the Coffee Berry stores in just 5 years is the result of hard work, strategy and know –how. The cornerstones of this venture are the exceptional products, the differentiated design concept of the Coffee Berry stores and the well-trained staff. The set up & ambience of our stores

follow simple type lines, warm colors and open spaces. The idea was to create “relaxing spots” which invite customers to an elegant and comfortable environment, to enjoy a variety of carefully selected products. Coffee Berry also, operates a coffee processing plant with state of the art machinery, located inside Attica’s Industrial Area, covering 2,500m². The production capacity of the plant is constantly increasing.


Our future plans include further expansion in Greece with 45 additional stores, in Attica and in other key areas in Greece. We will also open nine new stores in Cyprus and six new stores in Egypt. Moreover, this year, we aim to expand into a new market abroad, for which discussions are well under way. The United States of America are always a goal. If the pandemic had not broken out we would have already started out first company store. We want to be leaders in Greece and we want to represent our high quality products, our culture, and our experience abroad as they deserve to be represented! From the beginning, our mission has remained the same. To deliver the unique Coffee Berry experience to all of our customers.

Harris Gryparis, Chief Executive Officer DIAMONDS 2021

325


DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial

Cretan Mill S.A. - Almpantakis Group of Companies

A family tradition: Producing olive oil since 1866

Kalessa Maleviziou, Heraklion, Crete Tel.: +30 2810 821475 Fax: +30 2810 822787 Email: info@crete-oil.gr Website: http://www.crete-oil.gr

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DIAMONDS 2021

Cretan Mill S.A - member of Almpantakis Group of Companies, is a family-run business founded in 1866, based on a long tradition in the production, standardization and marketing of olive oil. Situated in Heraklion, Crete we have created modern facilities to produce and offer a wide variety of extra virgin, virgin, organic, aromatic and special oils, all in attractive and well-designed packaging. Combining tradition and innovation, the company always seeks excellent quality, exquisite taste and high nutritional value, presenting unique commercial

brands which have won awards for their quality in national and international competitions. Since 2006, Cretan Mill operates in state-of-the-art facilities, where olive oil is produced, standardized and stored. Our company is a complete vertical production unit, consisting of three olive oil crushing units, a bottling factory and an olive oil pomace factory (since 2017), in order to use the olive core in an ecological way and produce our own olive pomace oil. Our great power in the market is based on the stable and high quality


of our products, offering the best value for money in the market, as well as on our experienced staff, providing fast service and consulting support throughout the year. Moreover, the company is certified with quality assurance systems ISO22000, HACCP, IFS and BRC and always handles the olive tree fruit with responsibility and respect. Some of our most recent awards are: London IOOC 2017 (Silver award) for our product Premium extra virgin olive oil and (bronze award) for its packaging, Copper Elea and Golden Elea awards 2017 at the Cretan Olive Oil Competition for our extra virgin olive oil Pdo Sitia lasithiou kritis and Agrelia Organic, Athena award 2018 for Pdo Sitia lasithiou kritis extra virgin olive oil, International Taste and Quality Institute (iTQi) 2018 for our Elaiones extra virgin olive oil and Pdo Sitia lasithiou kritis (2 Gold Stars), London IOOC 2018, for Pdo Sitia, Terra Olivo 2019 (gold award) for Agrelia extra virgin olive oil, Los Angeles 2019 (bronze award) for our extra virgin olive oil Eleones, gold award as a Top Manufacturing Export Company 2020 at the Greek export awards prizes. These awards are a significant recognition of the excellent taste and quality of our olive oil, distributed in Greece and all over the world. Apart from our domestic sales, which account for 60% of annual turnover, Cretan Mill exports are a key factor in the firm’s growth, as they account for 40% of sales. Our vision is to globally promote the Cretan diet model and the high quality of Greek products. The philosophy of Cretan Mill by Almpantakis family is: “The olive oil offered to consumers is the same we use in our homes to feed our children.” DIAMONDS 2021

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FOOD PRODUCTS Industrial

Eleofillo

Olive oil and fine food products Eleofillo was founded in 2005 in Aigion, Western Greece by Sotiris Angelakopoulos, and is involved in processing, packaging and delivering a variety of Greek agricultural products worldwide. The continuously upgraded industrial complex in Koumaris Aigion, Western Greece is engaged in the production, processing and bottling/packaging of olive oil, vinegar and balsamic vinegar.

Koumari Aeghio 25100, Greece Τel.-Fax: +30.26910.61762 Email: liofillo@otenet.gr Website: http://www.eleofillo.gr

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The production plant is fully certified by ISO 22000, and comprises: • Sheltered floor space of 800 sqm, fully controlled as per HACCP - ISO 22000, at all stages production. • Stocking capacity of 800MT of olive oils in stainless tanks. • Fully-automated bottling facility equipped with brand-new packing lines dedicated strictly to the olive oil industry needs, as per HACCP ISO 22000. • Fully - equipped, privately - owned laboratory for analysis & quality

control, always applying and tracing technological updates, supported by scientific personnel specialized in Olive Oils analysis. • Storing warehouse for finished products. The firm regards as its main asset its highly-qualified and skilled personnel, which guarantees the quality-standards of our products and services. The company’s current exports activity spans more than 13 countries worldwide. Our goal is to be able to deal with current challenges with flexibility, innovation and high corporate social responsibility. Our commitment is to pursue our goals with the highest level of respect for environmental protection and dedication to human values and needs. Last but not least, our aim is to maintain long-term relations with our customers and suppliers, based on mutually appreciated values and practices.


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ALUMINIUM & COPPER Industrial

ELVAL

Leading producer of flat rolled aluminium solutions Elval is the aluminium rolling division of ElvalHalcor S.A., the leading global industrial producer of aluminium and copper products and solutions. For more than 50 years, Elval has been recognised as a leading aluminium flat rolled manufacturer focused on leveraging the unique qualities of aluminium, developing sustainable and innovative flat rolled solutions and shaping trusted partnerships across the globe. Through continuous investments in R&D&I and the in-house Technology Centre, Elval emphasizes on advanced metallurgy and rolling innovations to introduce tailor-made aluminium breakthroughts of long-term value. Elval’s state-of-the-art facility at Oinofyta has an annual production capacity of 360,000 tons and efficiently produces wide coils (up to 2.6 m) as well

info@elval.com www.elval.com

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as sheets and plates for an extensive range of applications in a number of diverse markets. The plant is certified as per ISO 9001:2015, IATF 16949:2016, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018 and ASI performance Standard and by all major certification societies (ABS, BV, DNV.GL, KR, LRS, RINA and NK). Elval has an ongoing focus on responsible production, employee health and safety, environmental protection and social contribution, according to the principles of sustainability and circular economy. In 2020 Elval became the first Greek manufacturer to certify its casthouse, rolling, coil coating and finishing operations to the international Initiative ASI (Aluminium Stewardship Initiative), a global organization committed to maxi-

mizing the contribution of aluminium to a sustainable society. In June 2020 Elval successfully installed a new, world-class four- stand tandem aluminium hot rolling mill. The tandem mill is part of a EUR 150 million investment in equipment, technology and infrastructure which represents the first phase of Elval’s strategic five-year plan to more than double its flat rolled aluminium products capacity. The second phase, which is already under development, totals EUR 100 million in production equipment and R&D infrastructure and includes the installation of a 6-high aluminium cold rolling mill and a brand new fully automated lacquering line. The ongoing strategic investment programme will not only expand Elval’s presence in current markets but it will also secure its competitive position as one of the world’s leading aluminium producers.


Elval’s product range

Elval and ElvalHalcor’s aluminium segment subsidiaries export 86% of their production and are able to offer reliable, innovative and competitive solutions that meet the requirements of the most demanding global customers. Elval’s extensive product portfolio includes aluminium sheets, plates and coils for various markets including packaging, transportation (sea, road and rail), automotive, HVAC&R, building and construction, energy and industrial applications among others.

Packaging

● Soft drinks and beer cans ● Food containers ● Aerosol valves ● Closure caps

Shipbuilding

● Patrol vessels Pleasure boats ● Workboats/supply vessels ● Yachts ● Pontoon boats

Road and rail transport ● Trucks and trailers ● Tipper trucks ● Road tankers ● Road silos

● Refrigerated trucks ● Cargo rail wagons ● Buses/coaches ● Special purpose vehicles ● Caravans/Recreational vehicles ● Fuel tanks ● Air-pressure vessels

Automotive industry

● Various internal parts and components ● Heat and sound insulating covers ● Suspension and brake systems

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

Construction / architectural applications ● Curtain walls ● Composite aluminium panels ● Perforated & corrugated material ● Facades ● Construction angles ● Metal roofs and false ceilings ● Venetian blinds /Rol. shutters ● Garage and industrial doors ● Window spacers ● Rain gutters

Water transport systems

● Multi-layer tubes

Renewable energy

● Windmill platforms and nacelles ● Solar systems

Oil & Gas

● LNG storage tanks

Power networks ● Bus ducts

Engineering applications

● Static silos ● Geodesic domes and floating roofs ● Flat screen TVs (LED) ● Printed circuit boards ● Light bulb bases ● Telecommunication equipment boxes ● Heat-insulating pipes ● Toolboxes Household appliances ● Cookware ● Kitchen appliances

Signage

● Name plates ● Road signs ● Billboards ● Car license plates ● Aluminium trims

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SPIRITS Industrial

Hellenic Breweries of Atalanti

Athanasios Syrianos, President of Hellenic Brewery of Atalanti

Kyparissi, 35200 Atalanti, Greece Tel.: +30 2233097500 Fax: +30 2233097676 Website: http://www.eza.gr

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Among the most modern breweries in the Balkans Hellenic Breweries of Atalanti (EZA) was founded in 1989, and is the largest independent Greek Brewery. Throughout its course, it traces a growth trajectory, while marketing internationally award-winning products of indisputable quality and unique taste. Since the beginning of its operation, the company has been steadily expanding sales, gaining more and more consumers in Greece and around the world. The brewery is located in the heart of Greece, in Atalanti, Fthiotida, and constitutes a cradle of development for the prefecture. With a production capacity exceeding 800,000HL per year, it operates in complete harmony with the environment, using a state-

of-the-art, integrated system of production processes, with a sense of respect and responsibility towards the natural wealth. Top quality raw materials are used in the production process, such as the Mount Parnassos artesian water, which is of excellent quality and texture, as well as, selected varieties of Scarlet and Prestige summer six-row barley and fine aromatic hops. Since 2016, Hellenic Breweries of Atalanti (EZA) has been investing in primary production through the Contractual Barley Cultivation Program, supporting in practice local agricultural production and Greek farmers. In 2017, the company proceeded in another significant investment, in the


launch of experimental hops cultivation in the Atalanti region. The company is a member of the largest business organizations and Business Fora: Hellenic Federation of Enterprises, Greek Tourism Confederation, Marketing Greece, Greek Independent Breweries Association, Association of Industries of Thessaly and Central Greece, Greek Advertisers Association , Greek Food Industries Association. EZA views its staff as the real asset of the company. Every day, with dedication and perseverance, they consistently implement a coordinated strategic development plan, with faith in locality, pride in quality, respect for our stakeholders, boldness for innovation, but, above all, passion for beer! The Hellenic Breweries of Atalanti, in line with its vision to constantly evolve, concluded in 2020 a significant investment of 10 million euros in its Atalanti factory. Specifically, it completed and put into operation a new, fully automated bottle packaging line. The new bottle packaging line, one of the most modern and flexible ones

in our country, contributes to the renewal of the company’s competitive advantages, mainly with the possibilities it offers for innovation in new products, better service of the market and customer demands, and the digital transformation of its operation, thus confirming its role as a national champion of the industry, with high competitiveness and unique products that change the market landscape. This investment follows the one completed in 2016, which concerned the installation of a new state-of-theart beer can packaging line and was part of the company’s overall investment plan of 29.8 million euros in the period 2013-2020. With the completion of this new investment, the Hellenic Breweries of Atalanti, becomes one of the most modern breweries in the Balkans and the next day finds it ready to achieve its goal of sustainable profitable development. The entry of Diorama Investment Fund , in 2019, after a “de Novo” share capital increase, is proof of EZA’s market potential and growth prospects. DIAMONDS 2021

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INTERNATIONAL EBUSINESS HUB Services

Generation Y – International eBusiness Hub

Anastasios Spanidis, Co-Founder & CEO

Ag. Triados 36, 17562, Paleo Faliro, Athens, Greece Tel.: +30 210 9313200 Email: greece-office@generation-y.net Website: www.gygroup.eu

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Your trusted partner empowering business growth Celebrating 21 years of experience, Generation Y – International eBusiness Hub is a Greek multinational company, which leads the market in the fields of digital transformation and e-commerce. With a team of more than 231 talented employees, and as many as 2,500 active projects all over the globe, the renowned international e-business hub exports know-how in 24 countries and has widely contributed to a new digital revolution. Being a trusted partner for companies and organizations, investing primarily in people, Generation Y consistently shares a vision of community growth and digital co-creation for the future. Specializing in the creation of innovative online solutions, custom B2B & Β2C platforms, web applications, as well as promoting them through conceptual and targeted digital market-

ing campaigns and business strategies, Generation Y strategically places its partners’ growth in the front line. Within two decades of operation, the company has retained 95% of its clientele, while it largely works through word of mouth, by its existing, highly satisfied clients. The company’s headquarters are in Greece and maintains offices in 10 countries all over the world (USA, UK, Cyprus, Romania, Germany, Albania, Bulgaria, Dubai, China and Spain). Generation Y operates based on real market needs, and that is why it has such a versatile clientele in many different sectors, such as heavy industry, technology, FMCG, retail, publications, hospitality, marine, health industry, fashion, etc. Firmly, the company runs on equity and zero loans. In 2020, the Group post-


“We provide a point of reference defining how 360ο e-business creates abundance, to organizations and individuals who have the vision and passion to shape the next day of markets and humanity”

ed total turnover of 75 million euros. Seeking wider quality control and data-driven decisions, Generation Y has established 9 Business Units as part of the company’s 360o approach: Market Research, Web Development, Web Design, Mobile, Branding, Performance Marketing, Business Consultancy, Data Analysis & Reporting, Insurance. These 9 business units are independent but at the same time operate closely together, making an efficient step toward collective wisdom and offering measurable solutions to the company’s clients. Among Generation Y’s innovations, is the creation of a specialized algorithm that supports AI (Artificial Intelligence) systems, enabling the constant improvement of critical KPIs related to digital marketing, such as CPA, CPC, etc. Even though the company started 21 years ago as a start up by two visionary entrepreuneurs, it still remains client-centric, caring to help businesses move forward through digital transformation. This solid philosophy is the driver behind our team of experts, who continue to take into consideration their clients, partners, and society at every step of the way, always measuring how their work affects them. This highly client-centric system became clearly evident during the Covid-19 pandemic. Generation Y, always choosing the perspective of hope, thrive and empathy, stood firmly by its clients, helping them not only to survive in these adverse conditions but to further grow and increase their profitability. No matter what the organization or entrepreneur wants to achieve (revenue or net profit increase, exports, social proof, product awareness, competition analysis), Generation Y can become the vehicle for them to succeed through digital transformation. DIAMONDS 2021

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DIAMONDS of the Greek Economy 2021

SPIRITS Commercial

Greek Wine Cellars - D. Kourtakis S.A

126 years of history

20 Anapafseos str., 19003 Markopoulo Tel.: +30 22990 22231 Website: www.greek-wine-cellars.com

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‘Greek Wine Cellars - D. Kourtakis S.A.’ was established in 1895 by Vassilis Kourtakis (1865-1946), the first Greek oenologist in contemporary Greece to hold a degree in oenology. Vassilis Kourtakis began his wine-making activities in Markopoulo, 30 km east of Athens, in the plain of the Mesogia, Attica. At the time the region was a major wine-growing and wine-producing area. Soon, the company Vassilis Kourtakis had founded grew into one of the major wine producers of Greece. In those days, wine was sold in bulk, targeting mostly the Athenian market and the nearby islands of the Argosaronic Gulf. In the early 20th century, the favorite wine of Athenians was none other than the traditional Retsina wine. Soon, Vassilis Kourtakis began to be touted as the wine producer who crafted the choicest of Retsina wines, a Retsina that had consistent quality, fine taste, and aroma. Dimitris Kourtakis (1908-2005), son of Vassilis, studied oenology in France in the 1930’s and emerged a fully-fledged oenologist. Being a cosmopolitan man who was widely traveled, Dimitris realized it was high time marketing practices entered the world of Greek wine. Putting an end to bulk distribution, he began bottling the company’s wine. It was time in-

deed: the quantities of Retsina that Dimitris Kourtakis produced were so massive that General de Gaulle, then President of France, said on his state visit to Greece: “Kourtakis produces so much wine that the entire French fleet could sail in it.” In the late 1960’s, Vassilis Kourtakis, the third generation of the Kourtakis family, the grandson of the founder and son of Dimitris and today’s Chairman and Managing Director of ‘Greek Wine Cellars – D. Kourtakis S.A., took over the company’s reins. Following in his father’s footsteps, he obtained an oenology degree from Dijon, France, complementing it with a degree in Business Administration from England. His entry into the company was accompanied by fresh ideas, youthful drive, and plans to conquer new markets beyond the borders of Greece. Soon Vassili Kourtakis’wine credentials were being recognized. He was appointed 3 times President of the Greek Wine & Spirits Association, and this was followed by an eight year term as elected President of the European Wine Committee based in Brussels and Vice-President of the Vitivinicultural Advisory Committee. For these services to the wine industry he was created an Honorary Life President of


the European Wine Committee. In 1972 the company became a ‘Societé Anonyme’ while steadily the commercial success of the highly acclaimed ‘Retsina Kourtaki’ scaled new heights. From 1980 onwards company sales in Greece exceeded 60 million bottles annually. At the same time the company began to export its renowned Retsina: the Greeks of the Diaspora, scattered around the globe, sought out their beloved Retsina which brought the homeland closer to them. In the mid-1980’s Vassilis Kourtakis created a state-of-the-art winery in Ritsona, Viotia. The new, ultra-modern plant had the capacity of vinifying from each harvest 30 million kilograms of grapes. In the meantime, while continuing with the production of its Retsina, the company adopted cutting-edge winemaking methods and engaged in the production of a new range of non-resinated wines. In 1985, the company launched its Apelia range. The new wine came in 75cl and 1.5 liter bottles and was destined for home consumption within the Greek market. Ten years later, in 1995, one of every two economy-sized bottles of wine consumed by Greek households at the dinner table would be the 1.5-liter bottle of white, rosé, red, or medium sweet Apelia wine. 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. In 2004, the company took yet another decisive step by buying 50% of the share capital of ‘Oenoforos S.A.’, thereby undertaking to sell the ‘boutique’ wines of the noted and respected win-

emaker, Angelos Rouvalis. This union resulted in further success: ‘Asprolithi,’ a wine crafted by ‘Oenoforos’ continued its popular course in the Greek market, and two more wine brands crafted by Angelos Rouvalis, ‘Mikros Vorias’ and ‘Ianos’, were given a chance to show their merits. In late 2009 ‘Greek Wine Cellars’ began a co-operation with the group ‘Grands Chais de France’ to distribute the GCF products in Greece. This leading French producer and seller of wines is especially noted for its JP Chenet range of wines. This is the No. 1 selling brand of French wine worldwide. Annual production of the JP Chenet wine range exceeds 400 million bottles. By this move, ‘Greek Wine Cellars’ added to its product range a renowned selection of imported wines, both still and sparkling, that were previously entirely absent,

thereby complementing the company’s own portfolio of Greek wines. The latest successful deal was concluded by ‘Greek Wine Cellars’ in March 2010. By this it became the sole distributor of the Babatzim products in both Greece and abroad. Anestis Babatzimopoulos is a gifted winemaker and distiller who, on his estate at Ossa, near Thessaloniki, produces the famous ouzo and tsipouro that have rightfully earned him the title of ‘master of distillation’ year after year. Through this latest commercial partnership not only the choice wines of this noted vineyard in Macedonia have been added to the wine portfolio offered by ‘Greek Wine Cellars’ but also, for the first time, the company has entered the spirits business, by selling and distributing the premium Greek distillations of ouzo and tsiporo from Babatzim.

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DIAMONDS of the Greek Economy 2021

HALCOR

A leading global producer of innovative and high added-value copper tubes solutions Halcor is the copper tubes division of ElvalHalcor S.A., a leading copper industry specializing in the production, processing and marketing of copper and copper alloys products with a dynamic commercial presence in the European and global markets. For more than 80 years, Halcor has been offering innovative and high added-value products and solutions that meet contemporary customer demands in fields, such as building applications, HVAC&R, renewable energy, architecture, engineering and industrial production. Halcor together with Fitco, Sofia Med, Epirus Metalworks, Cablel Wires and the joint ventures NedZink and HC Isitma form the copper segment of ElvalHalcor S.A., which operates in a total of six production plants in Greece, Bulgaria, the Netherlands and Turkey. Halcor is the sole producer of copper tubes in Greece and together with the copper subsidiaries, develop and distribute a wide range of copper, brass, copper alloy rolled and extruded products. Halcor and the copper segment subsidiaries of ElvalHalcor, export more than 90% of their production to more than 60 countries asides the Greek market.

info@halcor.com www.halcor.com

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As a result of its strategic investments in research and development, Halcor is recognized as one of the leading copper producers globally, setting new standards in copper processing. An example that highlights the Company’s successful strategy and simultaneously embodies the benefits of R&D&I is the operation of the Heat Transfer Laboratory within Halcor’s production plant, dedicated in performance measurement of heat-exchangers tubes. Critical features, such as, the heat transfer coefficient and the pressure drop, are measured using a sophisticated system for condensation and evaporation of HFC, HFO and natural refrigerants, as well as, single-phase fluids and fluid mixtures. The flow and thermal parameters are programmed to simulate specific operating conditions, such as, refrigerant flow rate, saturation temperature, vapor quality, thermal capacity, offering a superior advantage to Halcor’s customers by giving them the opportunity to establish a mutually beneficial co-operation within an integrated support and product development framework. Halcor maintains a consistent focus on quality and environmental protection and a strong commitment to the sustainability principles. All production facilities leverage advanced technologies to bring in-market innovative products that are energy-efficient and environmentally friendly. Halcor’s copper tubes production plants are certified with the international standards ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 and ISO 50001:2018. Halcor – product range Halcor offers a wide range of energy efficient and environmentally friendly products.

● Copper tubes for building and architectural applications, HVAC&R, renewable energy (RES), engineering and industrial production. ● Brass bars rods, tubes, sections, flats and wires for applications in architecture, interior design, contemporary art, furniture, lighting, pumps, gutters, heat exchangers, plumbing, automotive, music instruments, etc. ● Copper 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, ammunitions, wrapping for fire-resistant cables, electrical cable wrapping. These products are suitable for marine applications, for the defense, petrochemical, electrical, nuclear and medical industries, as well as for machining and special tools, cooking utensils, art and decoration. ● UR30® copper alloy wire and net for cage farming aquaculture. ● Copper alloys for the production of beakers, discs and coins blanks and rings for bi-colour coins blanks. ● Copper bars, rods and strips for architectural applications, electrical and mechanical equipment and decoration. ● Enamelled and welding wires.

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DIAMONDS of the Greek Economy 2021

COSMETICS Industrial

La vie en Rose Dimitra Katsafadou, La vie en Rose Founder/Owner/Director

Εshop: www.lavieenrose.com.gr Tel.: +30 2169001313 Εmail: sales@lavieenrose.com.gr Facebook: La vie en Rose by Dimitra Katsafadou Instagram: lavieenrose_gr

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When the magic of nature meets the soul of matter! La vie en Rose was founded in 2016 by Dimitra Katsafadou, a graduate of the Department of Chemistry of the National and Kapodistrian University of Athens (NKUA) and holder of a Master’s Degree by the Department of Inorganic Chemistry, NKUA. The firm is based in the northeastern Athens suburb of Aghia Paraskevi, where its premises include a laboratory for the production and packaging of cosmetic products, certified by the National Organization for Medicines (EOF). All cosmetic product


formulations contain expensive raw materials, such as diamond, platinum and 24-karat gold leaf, in combination with mother earth treasures: virgin olive oil, royal jelly, balsam oil and helichrysum. The use of these ingredients led to winning first prize in the Prix de Beauté 2020. The firm has also been awarded a special distinction by the President of the Hellenic Republic at an event at the Zappeion Megaron. Notably, the production process of the Gold Kombucha cream, invented by Dimitra Katsafadou, has been patented for 20 years. La vie en Rose currently employs a staff of 100 and operates 20 stores in both Greece and Cyprus. All of its products, made with olive oil, balsam oil, Kombucha extract and an array of pure grade raw materials, enjoy wide popularity by many consumers both in Greece and abroad. La vie en Rose is not simply a herbal cosmetics company. It is a company that operates with nature in mind, based on the belief that nature’s magic can achieve harmonious combinations of plant ingredients to create products that stand out for both their innovation and effectiveness. After all, the basic idea of the company lies in the phrase: “The magic of nature meets the the soul of matter.”

Distinctions, certifications - In October 2020, La vie en Rose was awarded as the healthiest growing Greek company in the Beauty segment. - PRIX DE ΒEAUTÉ 2020: First Gold Award for Beauty Products. - Global Women’s Breakfast - Empowering Women in Chemistry: Speech at the National and Kapodistrian University of Athens. - Platinum Award, by the Michael Cacoyannis Foundation. - La vie en Rose received and award at the 2nd Athens Business Women Forum, for women who innovate, both scientifically and in business, held at the Zappeion Megaron. - For five consecutive years, Dimitra Katsafadou has been voted Businesswoman of the Year. - The cosmetics company “La Vie En Rose by Dimitra Katsafadou” involves in charity work by supporting the organization “Make-A-Wish Greece”. - Innovation patent for the unique composition of the live fungus Kombucha, by OBI (Industrial Property Organization). - La vie en Rose operates a laboratory licensed by EOF (No. 91571), with Dimitra Katsafadou being the scientist in charge. - La vie en Rose makes 100% herbal cosmetics from pure grade raw materials, with organic essential oils and Mt. Taygetus herbal extracts. The preservatives used are approved by Ecocert and Cosmos.

Branches Aghia Paraskevi: 75A Ag. Ioannou St. (Laboratory), 73 Ag. Ioannou St. (Call center), 76 Ag. Ioannou St. (Exclusive) Pikermi: 29 Marathonos Ave. Peristeri: 17 Xenophontos St. Kifissia: 11 Drosini St. Piraeus: 169-171 Koundouriotou St. Chalandri: 10 Ag. Georgiou St. Pagrati: 20 Phrynis St. Nea Smyrni: 911 Omirou St. Kallithea: 82 Ag. Panton St. Ilioupoli: Sophocles Venizelou 71 Thessaloniki: 30 Karolou Dil St. Trikala: 8 Ioulietas Adam St. Alexandria: 102 Vetsopoulou St. Heraklion, Crete: 6 1821 St. Nafplio: 13 Plapouta St. Larissa: 71 Papanastasiou St. Chalkida: 11 Balalaion St. Patras: 68 R. Fereou St. Nicosia: 79 Stavrou Ave.

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FOOD PRODUCTS Commercial

LITELIME SA

High quality services in sales and marketing

7-9 Anagenniseos St., Nea Filadelfia 143 42 Greece Τ +30 210 2712101 (4 lines) Email : contact@litelime.com

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LITELIME SA is a strategic development and commercial management company, operating in the Greek market and abroad, in the FMCG’s sector. An integrated system of Commercial Services is offered to collaborators, customers and suppliers, comprising Business Strategy, Sales, Merchandising, Marketing, 360 Communication and Logistics. Important factors in its success are the Company’s well-organized distribution network throughout Greece, long experience and deep knowledge of the market and environment in which it operates, and strong infrastructure in people, facilities and equipment. LITELIME SA offers its partners a

variety of high quality services. The company’s main concern is to further enhance the range of products produced and/or represent them in the market - through strong brands - always based on the needs of consumers, through partnerships and/or acquisitions. The main body of the company’s activities so far, is our own production of Greek vinegar. Thus, we can support any kind of Private Label production. The Brands we represent are: “To Metoxi” - vinegar products, “Olympos” products Papayiannis Bros, “Turci” products - Officina Trasformazione Italia s.r.l., “Graci” muesli products, “Mars” biscuits and “Kasidis – Farma Elassonas” meat packed products.



DIAMONDS of the Greek Economy 2021

INSURANCE Services

Mega Brokers

Your own ally in insurance brokerage

91 Falirou St. & Zan Moreas St., 117 41 Athens Τ: +30 210 92 25 825 F: +30 210 92 25 823 Email: info@megabroker.gr Website: www.megabroker.gr

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MEGA Brokers, established in 1989, is the largest, non-bancassurance, insurance intermediary firm in Greece and one of the leading providers of insurance and financial products in the country. We operate a network of some 1,479 agents and consultants that provide tailored solutions in a wide area of specialization to more than 250,000 clients. Mega Brokers is certified by ISO 27001 & ISO 9001. In our offices in Athens, Thessaloniki and Patras, we have a team of 60 people with a clear mission: ’’Excel in everything we do and exceed the expectations of even the most demanding client.”Our executives offer customized solutions for any business or individual, by producing an insurance risk study that perfectly meets their needs.


Our core values are: Vision To lead the market, to excel in everything we deal with, and to be the reference point of clients, intermediaries, and insurance companies. Mission To deliver outstanding insurance brokerage services through the comprehensive support of our partners. Values Integrity ,Teamwork Professionalism, Continuous Improvement

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DIAMONDS of the Greek Economy 2021

ECONOMIC CONSULTING Services

N|E|P|Α ECONOMIC CONSULTING

Time for change… Time for N|E|P|A Constantinos Patiris, Founder & CEO

Athens: Leoforos Athinon 142, Athens, 10442 Tel.: +30 210 2585584 Email: info@nepa.gr Website: https://nepa.gr Volos: 34, Pavlou Mella, 38333 Tel.: +30 24212 00283 Email: info@nepa.gr London: Central House 1 Ballards Lane, N3 1LQ, London Email: info@nepa.gr

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N|E|P|A ECONOMIC CONSULTING was established in 2005 and is engaged in providing tax, accounting, payroll and consulting services, in order to come up with integrated solutions in the business sector. The high skills of our staff, our associates’ top-level experience, enable us to manage effectively all aspects of business activity. N|E|P|A ECONOMIC CONSULTING, having an excellent professional background, combined knowledge with experience in order to provide integrated services in the field of Accounting and Financial services. Our services aim to adapt in the best possible way the entrepreneurial and informative needs of our clients with the requirements of current legislation. In the context of the continuous changes of the tax legislation, we provide accurate, valid and timely information to our clients, focusing on the needs and specificities of each company. Through a more than fifteen-year presence in the Financial Tax Advisors Auditors, we are established as a really trustful company for our clients at

all levels (knowledge, efficiency, effectiveness) and we can confidently manage different projects, dealing with all kinds of business and all different areas of entrepreneurship. Reliability and solvency are documented in the best possible way, by the “mouth” of our clients. We always seek for new challenges and new partnerships. Established in modern offices in Athens, Volos, Thessaloniki and London and having specialized by N|E|P|A partners in various cities of Greece, we provide our clients with services that vary and are perfectly adapted to their needs, certified according to ISO 9001: 2015, 14001 : 2015, 27001: 2013, 37001: 2016. N|E|P|A ECONOMIC CONSULTING is an official member of PRIME GLOBAL (one of the largest Associations of Independent Accounting Companies in the world), is a key member of the Hellenic-American Chamber, the DELPHI ECONOMIC FORUM and the Institute of Financial Accountants (ifa), established in the U.K.


Thoroughly, N|E|P|A provides: Accounting Services 1. Bookkeeping and supervision 2. Reporting 3. Fixed-Asset Management 4. Storage and costing 5. M.I.S. 6. Cash-Flow Statements 7. Cash Management 8. Financial Controlling 9. Publication of Financial Statements Tax Services 1. Preparation and submission of regular tax liabilities 2. Submission of Income Tax Statement 3. Processing Tax Audit 4. Settings 5. Representing towards third parties Staff Payroll 1. Payroll Management 2. Recruitment – Dismissals – Retirement – Changes 3. APD Valuations 1. Due diligence 2. Fixed-Assets Valuations 3. Real Estate Bank Issues 1. Special Purpose Vehicle/Entity & Ηedging 2. Loans and Finance 3. Re-financing 4. Specific advisory services

Our company’s Founder & CEO, Mr Constantinos Patiris, characteristically outlines: “We envision a dynamic, flexible and modern company in the wider field of service activities, focusing on the triangle Accounting - Tax - Consulting, so as to contribute in our own unique way to the development, efficiency and competitiveness of modern Greek companies, which are required to act in a difficult and labile international environment. We are constantly investing in knowledge, technology and human resources. We seek and attribute added value to the evolutionary perspective of our customers.”

Investing Consulting and Management Business Development Consulting Elaboration of studies 1. Policies & procedures consultation 2. Policies & procedures customization 3. Continuous Accounting Models (CAM) 4. Stock-options Plans Properties statements Legal Accounting 1. Fusions – conversions – absorbance – incorporation 2. Franchising 3. Doubtful Debts 4. Double Tax Treaties 5. Legal Representing Private Services DIAMONDS 2021

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DIAMONDS of the Greek Economy 2021

REAL ESTATE Services

New Deal Stavroula Vamvaka, Owner

Born in the future New Deal - Kolonaki Square 24 Kanari St. (Filikis Etairias Square), 10674 Athens, Greece Tel: +30 210 3390500 New Deal - Aristotelous Square 33 Tsimiski St., 546 34 Thessaloniki, Greece Tel: +30 2310 620520 New Deal Glyfada 15 Grigoriou Lambraki St., 166 75 Glyfada, Athens, Greece Tel: +30 210 3390501 New Deal Piraeus 131 Praxitelous St., 185 32 Piraeus, Greece Tel: +30 2112120980

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Newdeal is the most innovative and fast-growing lifestyle real estate group in Greece with over 30.000 domestic clients and a strong international client roster. We are proud to offer the biggest commission in the market and our culture supports the philosophy that our agents come first before our brand. Our founder and president, Stavroula Vamvaka, is an exceptional entrepreneur and inspiring leader. She has a legal background and is now one of the most prominent personalities in the Greek real estate market, with international renown. Public speaker, writer, mentor and above all professional, she has been presented with numerous prestigious awards. Her passion is to aid others to achieve their goals and succeed.

One stop shop Newdeal offers an all-inclusive proposal that guarantees equal quality and service culture in every aspect of real estate. At Newdeal Real Estate Group, one can be provided with excellent service around real estate and investment consulting. We incorporate a legal firm specialized in real estate related legal support and protection, an accounting department of distinguished accountants and economists handling property related financial matters, a property management team for effective administration and maintenance, as well as a construction company where well-known and awarded architects and engineers undertake the construction of contemporary residences.


Business model There are many in this line of business who claim to be unique and at the top of the field. However, we continue to stand out from the crowd. But what is it that allows us to continuously make a difference? The truth is, that it isn’t just one parameter but a combination of many and different variables: it is the interaction between our business model, our philosophy, our focus on education, our technology and our constant support which makes us truly unique. At newdeal, we focus our attention on what’s truly important. And that is: the individual. We focus on the professional, not the brand. That is why we offer our affiliates lifetime education, continuous coaching and 24/7 support in any matter (marketing, technology, legal advice etc). We believe in a just and moral society where effort is translated into success. In fact, at newdeal, your success is truly our success, our passion. For this reason, we have enforced the rule-breaking 100% commission, the highest in the market. Here, the culture of cooperation, the passion and the time that you invest, are rewarded. Society Here at newdeal, we are a society of equals who are proud of each other and of what we build and create

by aiding each other. Our success is based on cooperation and on our common passion, on respect of every opinion, every voice. We respect cultural diversity and the way that different peoples express it through their interactions. Every little step counts when it comes to building a sustainable future, and newdeal takes social responsibility very seriously. We are the only truly modern, lifestyle brand in the real estate market that works to make the difference through our professionals DIAMONDS 2021

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DIAMONDS of the Greek Economy 2021

PHARMACEUTICAL PRODUCTS Commercial

PrimePharm

Making a dynamic entry PrimePharm is a modern drugstore and wholesaler of fullline pharmaceutical products based in Athens and founded in 2017. As of its establishment, PrimePharm’s main goals have been to provide customers with medicinal products, while meeting all of their requirements. The company’s mission is to provide these products to customers, using high-quality and diversified distribution and logistics practices. In fact, the company is certified by TÜV Hellas as per ISO 9001:2015. The newly-established drug warehouse made an especially dynamic entry into the wholesale of pharmaceutical and parapharmaceutical products. In its first financial year, PrimePharm posted sales of 9.4 million euros and pre-tax profit of 200,000 euros.

18 Ag. Paraskevis St., 121 32, Peristeri, Attica Τel.: +30 210 5775.475 Fax: +30 210 3303147 E-mail: info@primepharm.com.gr Website: primepharm.com.gr

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DIAMONDS of the Greek Economy 2021

FOOD PRODUCTS Industrial

Agricultural Cooperative of Zagora-Pelion

Distributing the famous starking delicious ZAGORIN apples The Agricultural Cooperative of Zagora, Pelion, was founded in 1916 in the largest village of Pelion, Zagora, by 199 residents of the region who represented all the social classes. In a wild, yet blessed natural environment, the locals realized very early on that only by working together they could deal with the difficulties associated with the adverse weather conditions, the winter and the lack of road network. However, the region had already a great tradition of seaborne trade. The Cooperative through the years managed to survive administrative and financial adversities, and in 2016 it was the country’s first agricultural cooperative to celebrate its 100th anniversary of continuous operation. Hundreds of innovative and pioneering decisions that have been implemented over the years are recorded in the Cooperative’s historical archives. Since 1985, the trade name “Agricultural Cooperative of Zagora-Pelion” was established. Seventy (70) years after the forma-

Head Office Zagora - Pelion, 37001, Greece Tel.: +30 24260-22450 Fax: +30 24260-22950 Email: zagora@otenet.gr Website: https://zagorin.gr/

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tion of the Agricultural Cooperative, the trademark «ZAGORIN» made a name for the organization and gave a unique identity to the products. To date, the Cooperative distributes the entire produce by 99% of the cultivators in the Municipal Community of Zagora, part of the Zagora-Mouresi Municipality. The protected designation of origin (PDO) in the main apple variety starking delicious “Apples of Zagora-Pelion”, with the trademark “ZAGORIN,” as well as other local products represent the region throughout the country and abroad. The Cooperative has been actively involved in exports for about four decades.

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