New plant in operation by Iktinos marble industry in the second half of the year
The factory of the listed “Iktinos S.A.” marble company at Drama Industrial Area has been completed and will be fully operational in the second half of 2019, while the office building – exhibition space is expected to start in 2019.
The total investment will reach the amount of 10 million euros and is expected to add to the turnover about 5 million euros for the second half of 2019.
As for 2019, the upward trend of the company will continue despite the difficulties created by the unprecedented weather conditions of the first half of the year, which have resulted in the reduction of the volume production and the corresponding sales. Sales reductions for the first half of the year will be covered in the second half of 2019, so that turnover in 2019 will show an increase of 10%, with the corresponding increase in profits.
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6:09 am July 12, 2019
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Ali Shafiei – CMO
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Hossein Shafiei – CEO
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