Brief: Papoutsanis to supply luxury hotels' chain for 1.7 mln euros/yr in turnover

Papoutsanis SA

07/05/2015 07:36

May 7 (Reuters) - Papoutsanis Industrial And Commercial Of 
Consumer Goods Sa  PSALR.AT  
    * Says that in stategic cooperation with Sysco Guest Supply, 
plans to start from H2 2015 the international supply in a five 
star chain of hotels across europe 
    * Says agreement is for exclusive production of personal 
care products of tenants of these hotels 
    * Says cooperation covers 20 million pieces per year and 
expected to add annually 1.7 million euros ($1.93 million) in 
turnover 
    * Says in addition plans to start production of product line 
named Olive Care, consisted of hair and body care products 
    * Says widens its extroversy and international cooperation 
to increase turnover 
    * Products of the line to be based on olive oil and targeted 
primarily to non-greek buyers 
 
Source text: http://bit.ly/1F7eG7O 
     
Further company coverage:  PSALR.AT  
 
($1 = 0.8808 euros) 
 
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