Calamos Supports Greece

Greece

Greek Tobacco Giant Papastratos to Give €1 Million in Shares to Workers

Papastratos, Greece's largest tobacco manufacturer and distributor, announced on Thursday that it will give shares worth a total of €1.0 million in its parent company Philip Morris International to its workers. In the statement, the Papastratos company said that it...

Papastratos Named Top Employer in Greece

Papastratos Group was named Top Employer in Greece while its parent company, Philip Morris International was named Top Employer in Europe and the world in 2017 by the Top Employer Institute. It is the third successive year that Papastratos wins...

Philip Morris – Papastratos Agree on 25-Million-Euro Investment

Greece’s leading tobacco company Papastratos’ President and CEO Nikitas Theofilopoulos and Philip Morris International Vice President Massimo Andolina announced during a meeting with Development Minister Kostas Skrekas on Wednesday in Athens that the planned 25-million-euro investment is currently in the...

Greek Economic Summit to Focus on Prospects for Growth Beyond Covid

Hundreds of policymakers, diplomats, entrepreneurs, economists and academics from all over the world are expected to tune in for the 31st annual Greek Economic Summit (GES), to be held digitally on December 1-3. The Summit, called "Forging Ahead in Challenging...

The Good Side of Greece Radiates During Coronavirus Times

In every corner of Greece an "outbreak" of donations and volunteering and a strong mobilization in the battle against the coronavirus is manifesting itself. Kali Ellada brought together a detailed spreadsheet of donations by big and small companies that...

Capital Link Forum on Investment and Social Responsibility to Be Held in Athens

The 9th Annual Capital Link CSR Forum, titled "Investments, Extroversion & Social Responsibility: Pillars for Sustainable Development" will take place in Athens, on Tuesday, June 25,2019, at the Hilton Athens Hotel. The Athens Forum focuses on the significance of Corporate Social...

Greece's Astypalea Aims to Become First Smoke-Free Island

The island of Astypalea, in the Dodecanese, has set the ambitious task of becoming the first Greek island that is "smoke-free". In a country where smoking is widespread, the local authority announced plans to run the campaign of "Astypalea without...

20 Countries, 1,500 Companies to Take Part in Thessaloniki International Fair

Twenty countries will send state delegations to the Thessaloniki International Fair (TIF) in addition to the 1,500 and more companies represented at the annual event, CEO of the organizer TIF-Helexpo, Kyriakos Pozrikidis, said in Thessaloniki on Tuesday. At a press...

Capital Link Investment Conference Focuses on Greek Recovery

A Capital Link conference on Thursday will highlight the importance of investments for Greece's economic recovery and social prosperity, while two successful CEOs will be awarded by Athens' mayor. The aim of the eighth annual conference, that will be held at...

Tsipras: Profitability is Not an End in Itself

Greek Premier Alexis Tsipras continued his charm offensive towards business by visiting companies that survived the crisis. After his recent visit to tobacco company Papastratos, on Monday he toured the premises of Apivita cosmetics company in Markopoulo, Attica. Tsipras met Manuel...

Tsipras: Investors Trust and Invest in Greek Economy

There are many investors who trust and invest in the Greek economy, Prime Minister Alexis Tsipras said on Tuesday, during his visit to the Papastratos CMC tobacco factory in Aspropyrgos, Attica. "We are working to lay the foundations for a...

Capital Link Forum Addresses Corporate Social Responsibility

The 7th Annual Capital Link Corporate Social Responsibility Conference held in Athens on Thursday gathered an esteemed crowd of about a 1,000 attendees. The conference was entitled "Investing in Development -- The New Face of CSR" and was held...

Contraband Cigarettes Cost Greece up to €1 Billion per Year

As no Greek government has managed so far to banish smoking in public places, the State is losing close to 1 billion euros every year from the sale of contraband tobacco and cigarettes. Tax raises and special levies on cigarettes...

Top 25 Companies to Work for in Greece

The "Great Place to Work" institute issued the results of its annual survey, recording the 25 best companies to work for in Greece. Among the 25 companies with the best working environment, there are 10 companies with more than 250...

Philip Morris to Invest €300 Mln for Smokeless Product in Greece

Philip Morris, maker of Marlboro cigarettes, is to invest 300 million euros in its Greek unit Papastratos to make the smokeless IQOS product, Reuters says. IQOS is a device that heats real tobacco refills to produce tobacco-flavored vapor instead of...