Business Strategy - Prospects Of The Company

The company has an integrated business plan in the context of which it aims to improve, modernize and develop all its operations in order to maintain and enhance its competitive position on both the Greek and international markets.

Specifically, the aims and prospects of the company are summarized in the following:

• Maintenance of high profitability
• Expansion of exporting activities
• Continuous improvement of the equipment and increase of productivity with the aim to decrease the production cost and improve the quality of the products
• Exploitation of business opportunities

The following important factors, among others, contribute in implementing this plan :

• The financial structure of the company is one of the healthiest not only in comparison to the average of the main units in Greece, but also in comparison to international standards.

• The full exploitation of its invested capital

• The high liquidity allows to the company to operate in a more flexible and effective manner

• The productivity of its facilities, as a result of their continual modernization, the meticulous maintenance of the equipment and the long term undisturbed work relations, will stay at a high level contributing not only to the achievement of high profit margins, in relation to the average level of the sector, but also to the limiting of adverse consequences from unforeseen short term developments regarding the demand of the products or the fluctuation of the prices of raw material.

• The level of technology and know-how is very high and it is achieved with the great specialization of its personnel.

• The quality of the company's products is consistently excellent, resulting in their great demand.

• Prudent management has created the conditions to maintain the administrative expenses at low levels.