The sale of its 49% stake in the Joint Venture with The Estée Lauder Companies for a total amount of 55.2 million euros, was announced Gr. Sarantis SA.
As part of its “go-to-market” strategy, The Estée Lauder Group decided to carry out its activities in the Greek market as well as the Balkan market directly, from June 15, 2022. The transaction does not affect existing jobs.
According to a company announcement, the above agreement is in line with the strategy of the Sarantis Group and occurred in the context of the commitment of the management to focus on the strategic activities of the Group and the utilization of financial and human resources to enhance the further development of the Group. Sarantis Group plans to use the proceeds to fund new acquisitions in activities that are part of the strategic product categories in which the Group operates.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Demand for Short Term Rentals in Greece Surges Ahead of Easter
Among the most popular Easter destinations from Good Friday to Easter Monday are Corfu, Hydra, the Peloponnese, Ioannina, Patmos, Loutra Edipsou, Kavala, Thassos, and Pelion
Opposition Reacts Strongly to Greek Government Reshuffle
PASOK's spokesperson, Kostas Tsoukalas, characterized the reshuffle as a clear indication of Mitsotakis' "strategic deadlock."
Greece’s Economy Awaits Moody’s Verdict on Investment-Grade Rating
The stock market has reflected strong performance, with the general index showing resilience and a lack of inward-looking caution.
Greek PM Reshuffles Cabinet after No-Confidence Vote
The most notable changes in the Greek cabinet reshuffle include Kostis Hatzidakis being appointed Deputy Prime Minister and Kyriakos Pierrakakis taking over as Minister of National Economy and Finance.
Mitsotakis: Greece-Israel Strategic Ties Increase Stability in East Med
Greek Prime Minister Kyriakos Mitsotakis made the statement in welcoming Israeli Foreign Minister Gideon Sa'ar to his office on Thursday
Conference Tourism in Greece Targets €6-7BLN
Currently, the Greek conference tourism generates €2 billion in revenue, ranking 47th globally in terms of total turnover in the international conference industry
Greece 2nd Last in Employment Prospects in EU: ManpowerGroup Report
Contrary to the global average, Greece’s employment prospects are strongest in the consumer goods and services sector
Greece Returns to Markets Reopening 15- and 30-Year Bonds
Pricing of the new bonds is expected to be finalized today, March 13, with settlement anticipated on March 20
Research in Greece : Wasted Talent, Missed Opportunities
The symposium made one thing clear: Greece possesses the intellectual capital to compete globally, but without decisive policy reforms, its research potential will continue to be squandered.
Greek Education Ministry to Launch Free Audiobook App eVivlio
The eVivlio app offers free access to audiobooks by Greek and international authors, narrated by well-known actors.
![Airbnb: Ποιοι ελληνικοί προορισμοί θα γεμίσουν το Πάσχα [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/08/Airbnb-to-vima-90x90.jpg)
![Ξενοδοχεία: Άλμα 40% στις αξίες την τελευταία τετραετία – Πανευρωπαϊκή πρωτιά [γραφήματα]](https://www.ot.gr/wp-content/uploads/2023/10/ksenodoxio-90x90.jpg)
![Επανεξέταση καταλογιστικών πράξεων της φορολογικής διοίκησης [ΣΤ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/timologia1-7-600x397.jpg)
![Airbnb: Ποιοι ελληνικοί προορισμοί θα γεμίσουν το Πάσχα [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/08/Airbnb-to-vima-600x399.jpg)
