Brief: Intracom Holdings To Reorganize Into Holdings Company, In Discussions To Sell Intracom Defence - CEO

Intracom SA Holdings

20/12/2022 16:06

Dec 20 (Reuters) - Intracom Holdings SA  INRr.AT :
    * CEO SOCRATIS KOKKALIS SAYS CO WITH EUR 500 MILLION IN CASH
LEVERAGE WILL FOCUS ON SHORT AND LONG TERM INVESTMENTS IN GREECE
AND ABROAD
    * CO TO INVEST PREFERABLY IN SECTORS IN WHICH IT HAS
EXPERIENCE
AND WHERE IT WILL HAVE ABILITY TO HAVE SIGNIFICANT PROFITS
    * CEO IN EGM STATED THAT THE PRESENCE OF THE GROUP IN THE
AREA OF
PRODUCTION IS NOT THE MOST BENEFICIAL SOLUTION
    * CEO SAYS CO IS IN DISCUSSIONS TO SELL INTRACOM DEFENCE
(IDE)

    Source text
  
Further company coverage:  INRr.AT 
 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))