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Responsible Governance

We focus on the balance between economic success and responsible governance as we recognize financial performance goes hand in hand with a sustainable business path and a robust internal management.

Through our continuous efforts, we manage to enjoy sustainable growth and improved financial performance in a highly competitive and dynamic international business environment. Being a growing and financially healthy business, we are able to generate value to all stakeholders involved, suppliers, clients, consumers, shareholders and employees, while we safeguard our Corporate Governance and Business Ethics throughout our activity.

Our commitments

  • Safeguarding Corporate Governance, Regulatory Compliance and Business Ethics.
  • Ensuring Robust Economic Performance.
  • Continuing our investments and positively contributing to the economies of the countries we operate in.
  • Maintaining a financially healthy business that is able to generate free cashflows and create long term value for all our stakeholders.

Our progress:

We systematically pay dividends to our shareholders, we contribute to the economies of all the countries we operate in, either directly or indirectly through our value chain, and we give back value to the society through our co-operations with regional institutions and NGOs both by financial support and product offers:

  • The Group is distributing 93% of the generated economic value.
  • Dividend payment was increased by 34% in 2020.
  • Investments of 16.7 mil. euros in 2020 related to infrastructure enhancement, machinery equipment renewal, and supply chain optimization.
  • Investments through acquisitions amounting to 65 mil. euros in the last decade.
  • Social support through financial help or product offers in 2020: 925k euro.
  • More than 67% of the total procurement amount is allocated to the local communities in our countries of operation.
  • Τhe new elected BoD of the Group consists of 11 members who aim to further strengthen the Group in ESG matters and takes into account diversity, by increasing the participation rate of women and the percentage of independent members, ensuring the necessary pluralism.
  • No confirmed incidents of corruption, or imposed fines and non-monetary sanctions for non-compliance with laws and/or regulations in the social and economic area.

Empowered Employees

We are committed to safeguarding occupational health, safety and wellbeing of our employees, investing in training for developing our human capital, and safeguarding diversity, equal opportunities and human rights.

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