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Greek Companies prospering in Poland (Warsaw Business Journal)

Greece has made the headlines for all the wrong reasons in 2011, with the country being hit by political turmoil as it struggles under the effects of the economic crisis. However, for many Greek companies based inPoland, this year has been business as usual.
There are currently about 40 companies with Greek capital active in the Polish market, according to figures from the Embassy of Greece in Warsaw.
Greek-owned companies have invested more than €1.4 billion and created a total of 11,000 jobs in Poland, the country’s ambassador to Poland, Gabriel Coptsidis, said in a statement earlier this year.
Mellon Group, a company headquartered in Athens specializing in IT services and sales for financial institutions, telecommunications firms and companies in the retail sector, established itself in the Polish market almost six years ago. A growing Polish client base, which includes lenders such as PKO Bank Polski, Polbank EFG, and mBank, helped Mellon Poland make it in to the top 100 companies of Europe’s 500 fastest growing companies in 2010. Europe’s 500, which makes the ranking, is an association of fast growing owner-managed companies in Europe.
“This year is better than the previous one, and we have not been affected,” said Grigorios Kotoulas, General Manager, Mellon Poland. “However, we see in the market that there is a slowdown, but not a recession. We are making plans accordingly but none that … will affect our forecast for2012”, he added.
For Lefteris Maroulis, general director of sports betting firm Totolotek (owned by Greek company Intralot), business has been going well inPoland. Totolotek is a company which has been organizing sports betting in Poland since 1992 and operates close to 400 locations in the country.
(Warsaw Business Journal, 20/12/2011)

Για την προετοιμασία του άρθρου η δημοσιογράφος Veronika Joy συνεργάστηκε με το Γραφείο Τύπου και το Γραφείο Οικονομικών και Εμπορικών Υποθέσεων. Continue reading

Athens Downtown Goes Online

Downtown(GREEK NEWS AGENDA)   Within the framework of the Information Society Operational Programme, the Gazi district – the post-industrial hotspot of Athens- is equipped with free high-speed wireless internet.  Athens citizens and visitors to Technopolis and the surrounding area can access the internet with the use of the necessary equipment. The Gazi Project has been incorporated into the Information Society Digital Strategy Programme and was completed with the support of the City of Athens IT Company (DAEM).  A similar network has already been installed in Syntagma Square, Kotzia Square and Thissio.

Greek Life Insurance Policy Programme from “New York Life Insurance Company”

(GREEK NEWS AGENDA)   The New York Life Insurance Company began selling life insurance policies in the Ottoman Empire in 1882. In connection with turmoil caused by the outbreak of World War I, however, New York Life stopped selling policies in Europe and in the Ottoman Empire after 1914. Various reference works and other sources indicate that many persons of Greek ancestry living in the Ottoman Empire at the outbreak of World War I were displaced or perished between 1915 and 1923. The company searched its records to locate all policies issued in the Ottoman Empire before 1915 insuring those of Greek heritage. New York Life paid benefits on many of those policies. However, it received no claims and thus paid no benefits or cash value on some of those policies, referred to as the “Greek Policies.”
In order to encourage claims upon the Greek Policies, New York Life has established the Greek Life Insurance Policy Programme. Descendants of persons insured under the Greek Policies may submit claims for benefits at: www.greekinsuranceclaims.com/en/board.php3
In order to be considered, the claim form and copies of all supporting documents must be mailed or e-mailed to the Claim Board by February 28, 2009.