The president and CEO, Giorgos Samios, expressed his belief that the FF Group will return to profitability in 2023 in an interview with the Athenian Macedonian News Agency. His optimism stems from the fact that the business plan that has been prepared is being implemented consistently while the new management continues its work with optimism, knowledge and stubbornness.
“Our group is entitled to claim the position of champion in the industry. It has the know-how, the employees and the means, not just to maintain, but to grow further. If everyone to contribute in order to overcome all the external difficulties that have arisen is enough,” says Mr. Samios and adds: “it is in the interest of all of us, of the prestige of our country towards foreign investors, employees, of the Greek economy, but also the citizens who want to see Greek companies progress “.
Having completed more than two years at the helm of FF Group, speaking to AMNA, Mr. Samios takes stock of all that has been achieved so far in the context of the consolidation of the Group and keeping the company alive, analyzes the pillars of management in the immediate future and at the same time points out the dangers that threaten to blow up the whole project.
As the FF Group takes the final steps towards the consolidation process, Mr. Samios brings back in his interview the issue of the release of the company’s assets, which have been pledged by the Anti-Money Laundering Authority and the investigating authorities. and focuses on the need to speed up legal proceedings. He emphasizes, in fact, that without the release of assets (real estate and bank accounts), the consolidation plan will not be able to be implemented as planned and now all possibilities will be open, including, unfortunately, bankruptcy. In this case, according to Mr. Samios, “all the efforts of the current administration, the employees, the Hellenic Capital Market Commission, the creditors, but also of the legislator himself, who enacted the provisions that allowed the consolidation of the company, will be in vain.” .
With time pressing hard, Mr. Samios reiterates once again that “the completion of the consolidation, as soon as possible, is the best means of restoring the company’s creditors, both public and private, but also protecting our employees. , of our suppliers and the market, all of which have been affected by any illegal acts committed “.
Latest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.