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.