Maillis factory poised to close
The factory of packaging company Maillis in the industrial zone of Alexandroupoli is likely to shut down, according to the president of the Evros Labor Center, Efstathios Aspiotis. Aspiotis told regional media he had received information that owner HIG Luxembourg Holdings is preparing to shut down the plant, which has 59 employees, by February 2018. The parent company considers the unit’s operation nonprofitable, Aspiotis said.
Tus flights. Cypriot carrier Tus Airways is expanding to Athens and Rome next month, launching direct flights between Athens and Larnaca from December 1 three times a week with one-way fares from 65 euros including taxes, an 8-kilo piece of hand luggage, a meal and refreshments. Next year Tus plans to serve 16 destinations.
Famar, a pharmaceutical and health and beauty services company founded in 1949 in Greece, yesterday announced in Paris that Ian Muir had been appointed as its new chief executive officer.
Bulgaria’s gross domestic product expanded by 3.9 percent year-on-year in the third quarter of 2017, official data showed yesterday. According to flash estimates released by the country’s National Statistical Institute (NSI), Bulgaria’s GDP at current prices was 27.3 billion lev ($16.3 billion). on six Western Balkan states – Albania, Bosnia, Kosovo, Montenegro, the Former Yugoslav Republic of Macedonia and Serbia – found their banking systems were plagued by lack of funding, a high level of bad loans and poor bankruptcy procedures.
The world’s biggest brewer, Anheuser-Busch InBev, is replacing its North American chief to stem a yearslong sales decline in its largest market. The maker of Budweiser and Bud Light said on Monday that Joao Castro Neves would be succeeded on January 1 by another Brazilian company veteran, Michel Doukeris, currently chief sales officer of the global business. Doukeris, a 44-year-old Brazilian citizen with Greek ancestry, last year moved his family to New York, the de facto headquarters of what is one of Europe’s biggest companies with a market value of about $200 billion.