Company Profile
- - - - - - - - - - - - - - -
BOD & Management
- - - - - - - - - - - - - - -
Activities-Products
 
Financial Data
- - - - - - - - - - - - - - -
The Sector
The Stock
- - - - - - - - - - - - - - - - - -
Investor's Information
 
Greek

The Sector/Risks

An assessment of risks developed in the current extremely competitive and free world market would point out as the greatest one competition from third world countries. These countries were favored by the scraping of the Multifibre Arrangement and the approval of the GATT. Another major competitor is Turkey, which has a customs union agreement with the EU since 1996.

These countries cover a large part of production and provide better cost and production conditions.

However, the company does not target cheap and low quality products imported on a mass scale by low operating costs countries. Having made large investments on equipment and high technical know-how, the company provides specialized processing in the area of refining fabric, and has developed new technologies that allow it to follow the fashion and be in a position to compete with the major European houses, in terms of both price and quality.

Finally, it should be emphasized that the company has sufficiently insured its facilities, reserves and activities.