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
DM Dendias: We talk With Turkey But We Always Bring Up Their Unacceptable Positions
Second and last day of closely watched conference, entitled 'Metapolitefsi 1974-2024: 50 Years of Greek Foreign Policy', also included appearances by PM Mitsotakis, Ex-PM Tsipras and PASOK leader Nikos Androulakis, among others
Rhodes Airport Tops Fraport Greece’s Regional Airports in 2024 Performance
According to Fraport's data, more than 35 million passengers (specifically 35.2 million) were handled by Fraport-managed airports during the 11 months.
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
Airbnb: New Measures Add €600 in Extra Costs for Property Owners
Property managers face an immediate administrative fine of 5,000 euros if access to the inspected property is denied or any of the specified requirements are not met.
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.