ΕFG Eurobank Ergasias S.A., PANAFON S.A. and Hellas On Line S.A announce the creation of “Business Exchanges S.A.”, a company that will be active in the area of Business-to Business e-commerce.ΕFG Eurobank Ergasias S.A., PANAFON S.A. and Hellas On Line S.A announce the creation of “Business Exchanges S.A.”, a company that will be active in the area of Business-to Business e-commerce. The new Business Exchanges SA has total share capital amounting to GRD 2bn, with EFG Eurobank Ergasias holding a 60 per cent stake, Panafon a 30 per cent stake and Hellas on Line a 10 per cent stake. The participation stake in the new company is 60% for EFG Εurobank Ergasias, 30% for Panafon and 10% for Hellas on Line. Total share capital is GRD 2 bn.
This new major business initiative, resulting from a collaboration among the three aforementioned leading Greek companies creates new parameters in the provision of Business-to-Business services and the creation of electronic marketplaces. “Business Exchanges S.A.” strategic goal is to become one of Greece’s largest B2B service providers. In the near future the company aims to:
Next, Mr. Haralambos Kyrkos General Manager of EFG Eurobank Ergasias and Chairman of the “Business Exchanges” Board of Directors presented in detail the new company’s area of action and targets. Mr. Peter Angelakis, previously Systems and Technology Assistant General Manager of EFG Eurobank Ergasias, has been appointed General Manager of the new company. Mr. Aris Hatziaslanis Business Development Manager of the Panafon Group and member of the “Business Exchanges S.A.” Board of Directors, also joined the speakers’ panel.