Thursday October 23, 2014 Search
Weather | Athens
22o C
16o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Samsung has two-pronged interest in investing in Greece

By Ilias Bellos

Samsung Electronics Hellas may be keepin mum about its parent company’s plans, but the Greek-Korean plan is in full swing, with Samsung showing a two-pronged interest in Greece: The first concerns the company’s research and development sector, and the second its transit activity.

Contacts began some time back with a visit by Greek President Karolos Papoulias to Seoul in early December, while the research and development plans have been discussed at the highest entrepreneurial as well as political level, Kathimerini understands. Papoulias and the rest of the Greek delegation that escorted him to Seoul visited the industrial complex of Samsung Electronics.

The Korean company has also been briefed on the shape that the import of products from Asia to the European markets via Piraeus will take, as formed by a recent agreement between Chinese company Cosco (that operates part of Piraeus port), Hewlett Packard and Greek railway operator Trainose. The deal will lead to some six days less travel for products destined to central Europe as they will not have to sail through Gibraltar to reach the ports of Northern Europe.

Samsung is already present in Greece through its subsidiary Samsung Nanoradio Design Center (SNDC), which is based at the Patras InnoHub. That is also where Greek company Corallia operates, promoting research and technology and hosting such activities of third parties.

Corallia formed part of the mission to South Korea and its representatives had meetings with officials from the country’s high-tech market and with delegates of Samsung Electronics. Corallia said that the meeting included a presentation of the group’s profile and prospects with the aim of attracting foreign direct investments to the country either through the participation in the share capital of companies or in the form of creating major design centers. For his part, Oh-Hyun Kwon, CEO of Samsung Electronics, made special reference to the SNDC in Patra and stated Samsung’s intention to invest further in Greece.

ekathimerini.com , Sunday February 16, 2014 (21:11)  
Solidarity tax to be extended for two years
Spanish unemployment lowest since 2011 as economy grows
EU requests clarification on Italy´s ´breach´ of budget goals
German survey props up European shares
Conspiracy of the Cells of Fire suspect arrested over bail violation
Police in Dimitsana, in Arcadia in the Peloponnese, on Thursday arrested Stella Antoniou, who is facing charges of involvement in the urban guerilla group Conspiracy of the Cells of Fire, fo...
Highway traffic to be disrupted on Corinth-Patra route
Traffic was expected to be disrupted on a section of the national highway between Corinth and Patra in the Peloponnese from Thursday evening to early Friday morning for roadworks, it was ann...
Inside News
SOCCER
Roberto´s heroics make Kasami´s goal count
Pajtim Kasami’s goal and Roberto’s heroics in goal saw Olympiakos claim one of the biggest wins in its history on Wednesday downing Italian champion Juventus 1-0 to boost its chances of reac...
SOCCER
Third-division Iroditos punished heavily after fan death
Greek third division team Irodotos has been docked 15 points and ordered to play 10 matches behind closed doors following the death of an Ethnikos Piraeus supporter, the Hellenic Football Fe...
Inside Sports
COMMENTARY
Defusing a crisis
The crisis in Cyprus is escalating rapidly and defusing it is an extremely delicate and complicated procedure that will inevitably lead to losses for the weakest of the two sides. The course...
EDITORIAL
PM needs to step up
The public perception of the government is anything but good right now. The coalition is projecting an image of discord and constant disputes show that key ministers are unable to stay on th...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Conspiracy of the Cells of Fire suspect arrested over bail violation
2. Highway traffic to be disrupted on Corinth-Patra route
3. Solidarity tax to be extended for two years
4. Spanish unemployment lowest since 2011 as economy grows
5. EU requests clarification on Italy´s ´breach´ of budget goals
6. German survey props up European shares
more news
Today
This Week
1. Strong winds hamper sea travel
2. TBEX brings together 800 travel bloggers in Athens
3. Cyprus president to sit out EU summit due to high blood pressure
4. Samaras to represent Anastasiades at European Council meeting
5. Arrivals show increase in January-June 2014 period
6. Spanish unemployment lowest since 2011 as economy grows
Today
This Week
1. Coalition shooting itself in the foot
2. Istanbul skyscraper casts shadow over Greece's banking ambitions
3. The past, present and future of the Greek debt crisis
4. Greece’s closed society is central to its current malaise
5. Greece must stick to reforms, says Schaeuble
6. At least 11 banks to fail European stress tests, three in Greece, report says
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.