Athens Macedonian News Agency: News in English, 16-09-29

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] We should all be united on important issues, President Pavlopoulos says

[02] Kotsovolos-Dixons to invest 8.5 mln euros in 2016/2017

[01] We should all be united on important issues, President Pavlopoulos says

Pavlopoulos was in Doxato, Drama, where he was declared an honourary citizen.

"There are of course political discrepancies that are absolutely respected, but on important issues we should all be united," he underlined.

[02] Kotsovolos-Dixons to invest 8.5 mln euros in 2016/2017

Speaking to reporters, during the inauguration of a new store in central Athens, Athanasopoulos said turnover grew by 5.3 pct (retail sales) and announced an investment plan worth 8.5 million euros for the 2016/2017 period, after a 5.0 million euros investment in the previous period.

He said that despite adverse conditions prevailing in the Greek market in the 2015/2016 period, "the parent company encouraged us to accelerate our investment program" adding that the crisis was not over yet. Athanasopoulos said the company aimed to boost its organic growth and profitability and noted that supply continued to surpass demand in the domestic market.

He said that Kotsovolos-Dixons raised its workforce by another 238 workers to 2,169 in total and strengthened its branch network with the addition of five new stores. It also renovated four large stores, to a total of 31 stores in the last two years.

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