The capital increase of Sarantis company was completed successfully raising at 23 billion drs. This capital will be used in funding the development program of Sarantis which focuses on a joint venture agreement with a foreign multinational Group of Companies for Greece and the Balkans.
At the same time, Sarantis will keep on investing in the area of Eastern Europe, setting Poland as the main target market, where recently the Group of Companies started selling perfumes and other consumer goods.
It is worth noting that following the recent increase, the Sarantis Group of Companies equity capital raised over 50 billion drs., presenting a one-to-one third party relationship to equity capital.
SARANTIS Group
26, Amaroussiou - Halandriou Street
151 25 Maroussi, Athens, Greece
Tel: +30 210 6173000
Fax: +30 210 6197081
e-mail: group-info@sarantisgroup.com