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Athens News Agency: News in English, 05-08-02

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Increased charter flight arrivals for Crete
  • [02] Chinese entrepreneurs' interest in TIF
  • [03] Cosmote buys parent firm's stock in GloBul, Cosmofon
  • [04] Theodorakis given honorary doctorate at Crete University, during event for his 80th birthday

  • [01] Increased charter flight arrivals for Crete

    Charter flights to Crete showed a remarkable increase during the last three months, with charter arrivals at the Heraclion airport rising 7.9 pct in June and by 14 percent in July, while arrivals at the airport of Chania rose 5.5 percent in May, 7.0 percent in June and 3.5 pct in July, according to figures released on Monday.

    Cretan officials also reported a 6.0 percent increase in coastal shipping traffic in the first seven months of 2005, compared with the same period last year.

    Tourism Deputy Minister Anastasios Liaskos discussed ways to promote a quality upgrading of Crete's tourist product during his visit in the island. The Greek minister also met with Patriarch of Alexandria and All Africa, Theodore B' and discussed ways to promote cooperation in the tourism sector between Greece and Egypt.

    [02] Chinese entrepreneurs' interest in TIF

    Particular interest for specific exhibition dedications at the 70th Thessaloniki International Trade Fair, but also for the predetermined business meetings of the Expo-partenariat, were shown by the Chinese entrepreneurs who Helexpo SA managing director Themis Kartsiotis met during his visit to the Chinese city of Shenyang.

    Kartsiotis called on the Chinese entrepreneurs of the province of Liaoling to participate on the Thessaloniki International Trade Fair, on the occasion of the Greek-Chinese Forum which was jointly organised by the municipalities of Shenyang and Thessaloniki, within the framework of the signing of the agreement for the twinning of the two cities.

    [03] Cosmote buys parent firm's stock in GloBul, Cosmofon

    Cosmote on Monday signed an acquisition agreement for the purchase of stock from its parent firm OTE telecom in mobile phone subsidiaries GloBul (Bulgaria) and Cosmofon (Former Yugoslav Republic of Macedonia) through a transfer of shares held by MTS of the Netherlands, which holds 100% of paper in Cosmofon for OTE.

    The transfer to Cosmote of GloBul‚s shares was completed on Monday, while acquisition of MTS‚ stock is due within the month following procedures under Dutch law, the buyer said in a statement.

    The acquisition price of ⬠490 million (⬠400 million for GloBul and ⬠90 million for Cosmofon) will be paid in two instalments. The first, totalling ⬠201 million, is due on the transfer of MTS shares; and the second, at ⬠289 million, will be paid within 40 working days after the deposit of the first instalment.

    Quoted on the Athens and London bourses, Cosmote has over 4 million customers in Greece, holding the market's top position, the statement said. The firm operates in Albania through the AMC mobile operator; and in Romania through Cosmorom. Cosmote had managed Globul and Cosmofon since January 2003 by agreement with OTE.

    OTE is Greece's largest telecoms provider, and its group is the market leader in terms of revenue. OTE is listed on the Athens bourse, the NYSE and LSE. Through its investments in south-eastern Europe in fixed and mobile telecom companies, OTE addresses a potential customer base of 60 million people.

    [04] Theodorakis given honorary doctorate at Crete University, during event for his 80th birthday

    Internationally-renowned Greek composer Mikis Theodorakis was given an honorary doctorate of Philosophical and Social Studies by the University of Crete on Monday, during continuing celebrations of his 80th birthday in Hania.

    During events organised in the city on Sunday night, meanwhile, Theodorakis was presented with the 'Dialogue of Civilizations' prize, which is given by the "St. Andrew the First-Called Foundation", a Russian non-governmental organisation.

    Attending the award ceremony was Russian Ambassador to Athens Andrei Vdovin and Russian officials from St. Andrew The First-Called and other Russian NGOs.

    According to the foundation - which is linked to the also-Russian NGOs World Public Forum Dialogue of Civilizations and the Centre of National Glory of Russia - Theodorakis was awarded the prize "for his hard work and example of creative service to his homeland", as well as his endeavours in music.

    The International St. Andrew the First-Called Prize is a non-governmental, non-party, non-church and non-political award, presented each year since it was first established in 1992.

    Among its winners are Patriarch Alexy II of Moscow and All Russia, Patriarch Paul of Serbia, Iranian President Mohammad Hatami, Metropolitan Anthony of Surozh, Uzbekistan President Islam Karimov, Latvian President Valdas Adamkus, former Indian Prime Minister Kumar Gudjal, actor Vassiliy Lanovoy and others.

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