DEBT RESTRUCTURING AND SIGNIFICANT INCREASE LIQUIDITY FOR AKRITAS S.A

Banks have adopted in their entirety the request made by Akritas SA for the restructuring of long-term debt with the amount of 20.8 million euros in depth over a period of 10 years , with two years grace and boosting with new floating capital of 5.5 million. The company’s management has worked out a detailed and documented business plan, in collaboration with Deloitte, which it submitted to the lending bank to support its claims.

more

Annual Results 2009

The results of AKRITAS S.A. for the year 2009, which were worked out according to the International Accounting Standard, have in the following way:

more

Financial figures of AKRITAS for the 1st half year 2008

The first half-year period of 2008 concluded profitable for AKRITAS not only for the parent company but also in unified base. The basic financial figures of AKRITAS company are presented regularly, resisting in the pressure of recession not only concerning the more general economy but also in the sector of timber industry in the Greek and European market.

more