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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

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Papandreou at Conference on Progressive Governance in London

(GREEK NEWS AGENDA) Prime Minister George Papandreou arrived in London yesterday and will be participating today at a Conference on Progressive Governance, on “Jobs, industry and opportunity: growth strategies after the crisis.”
The premier will speak at a panel on the theme “Europe after the global crisis: A strategic role for government,” together with his British counterpart Gordon Brown, Spanish Prime Minister Jose Luis Rodriguez Zapatero and Norwegian Prime Minister Jens Stoltenberg. 
While in London, Papandreou will attend a working luncheon with the British Prime Minister Gordon Brown and will meet with British Foreign Minister David Miliband.

Greece: Going Green Creates Jobs

(GREEK NEWS AGENDA)   Thousands of jobs are being lost globally, and environmentalists believe that countries could create new jobs – more than 150,000 employment opportunities in Greece – by investing in environmentally friendly projects.  Greenpeace representatives in Greece presented a report on May 7, demonstrating that between 98,500 and 155,000 jobs could be directly created by 2020.   “For every position created, another 1.6 jobs would be indirectly established,” said Greenpeace. Areas where people could be employed include expanding renewable energy sources, recycling and organic farming.  Greenpeace- Greece: Green development and new jobs (in Greek)  See also: Athens Plus: Global warming needs to be an election issue (8.5.2009, p.13)