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Tuesday,
5 July 2005
+++ Press Announcement +++
In relation to the recent publicity in the media, INTRACOM
would like to clarify the following:
As stated by Chairman, Mr. Socrates
Kokkalis, INTRACOM has no plans to transfer its headquarters outside
Greece. INTRACOM has 3,100 employees working in Greece, out of a total
of 5,450, and, at the same time a great number of Greek companies do business
with INTRACOM Group. INTRACOM has been making significant investments
contributing thus to the country's financial growth. INTRACOM aims to
supporting the Greek economy and continuously making even more great contributions.
Having foreseen the business opportunities in the international
markets, INTRACOM has intensified efforts on its international orientation.
While it continues to reinforce its primary basis in the wider region
of Southeastern Europe and the Middle East, at the same time the Group
is contemplating acquisitions - mainly of international companies - bringing
thus INTRACOM closer to its goal of establishing a leading position in
the region.
In this context, as INTRACOM CEO Mr.
George Deligiannis stated, a study is being made, examining all
the parameters enhancing the Group's competitiveness.
Within this framework, being a responsible leader, ÉNTRACOM
seriously examines all alternative strategies, concerning both its immediate
and long-term future. INTRACOM considers this approach as the most appropriate
and responsible towards its shareholders, employees, customers, and partners.
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