ECONOMY

In Brief

Intracom to supply encryption devices to armed forces Greek telecoms equipment manufacturer Intracom said yesterday it had won an international tender worth 3.75 billion drachmas ($9.90 million) to supply Hellenic Aerospace Industry (EAB) with encryption devices. Intracom said in a statement that the contract was signed on October 1. Based on the contract, Intracom will provide EAB with 1,350 Secline Med encryption Celt-type devices which provide secure data transfer on the operational field. Intracom has developed the Secline Med device for highest-level point-to-point communication activity in military and computer data networks. The devices are destined for use by the three branches of the Greek armed forces. Intracom will provide know-how, materials and equipment. The devices will be provided gradually over three years. (Reuters) Enel Hydro approved for CSF quality controls The National Economy Ministry has approved Italy’s Enel Hydro SpA for the post of specialist adviser in quality control for projects included in the European Union-subsidized third Community Support Framework investment plan. Enel Hydro, which was declared the winner in an international tender and will sign a two-year, 9.5 million euro contract, will conduct quality tests in at least 1,400 infrastructure projects. Credit cards for tax payments. The government yesterday launched a pilot program for the payment of tax dues through credit or debit cards in five local tax offices. The program will be spread throughout the country in coming months. Thereafter, the Finance Ministry is targeting the installation of ATMs in all tax offices which will also enable taxpayers to make cash withdrawals to meet obligations. Metro advertising. Metro Media, an affiliate of listed Alma-Atermon advertising firm, has signed a 10-year contract with Attiko Metro for advertising operations in the stations of the Athens metro. According to Atermon, the deal is estimated to generate additional revenue of 60 billion drachmas. The Athens metro carries 12 million passengers monthly. Multichoice appointment. Joseph Daly has been appointed managing director of Multichoice Hellas subscriber television, reporting to NetMed’s CEO Cheryl Raine. Keith Foster retains the post of General Manager of Multichoice, while Daly also remains as CEO of M-Web Hellas. e-business seminars. The Greek Business Management Association (EEDE) has scheduled seminars on E-business strategy, on October 23 and 25, and on E-business technology, on November 12, 15 and 16, to be conducted by Hypertech E-Business Solutions. For details, call (01) 211.2000, visit www.eede.gr or e-mail [email protected] Playboy TV. Playboy TV International has cut a licensing deal with Attica Publications to launch its Playboy TV and Spice Platinum channels on Greece’s new Alpha Digital Platform, according to a Cahners Business Information report from Miami.