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Athens Macedonian News Agency: News in English, 16-09-29
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
Greek President Prokopis Pavlopoulos on Thursday stressed the need for
Greece to come out of the crisis as soon as possible, because the crisis
is threatening social cohesion.
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
Kotsovolos-Dixons South-East Europe expects its earnings to surpass
6.0 million euros and its market share to rise significantly in the
fiscal year 2015/2016, Andreas Athanasopoulos, vice-president and chief
executive of the company said.
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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