ECONOMY

In Brief

Intralot wins Peruvian games of chance contract Gaming systems software maker Intralot said it clinched a 10-year contract to organize games of chance for Peru’s state lottery, its second Latin American contract. Intralot said it and Peru’s state-run Sociedad Beneficencia Publica de Jaen would set up a company to organize games of chance throughout the country. The project involves supplying, installing and supporting an integrated online network for games of chance. Operations are expected to begin in 2003. «Peru, with a population of 27 million and a games of chance market estimated at above $300 million annually, is one of the fastest growing markets in Latin America,» Intralot said. In October, Intralot won a seven-year lottery operations and services contract with Chile’s state lottery.(Reuters) Thessaloniki to consider organizing World Expo The government expects in the next few days to receive a feasibility study for organizing the World Expo fair in Thessaloniki in 2007 or 2008, Macedonia-Thrace Minister Giorgos Paschalidis said yesterday. «We want a modest and attractive Expo, reflecting and well-grounded in global realities, and capable of attracting the largest possible number of visitors,» he said after a meeting in the city called to discuss preparations for the EU summit of June 2003. Sarantis expands in Poland Cosmetics and personal care manufacturer Sarantis has signed a private agreement for acquisition of at least 70 percent of Poland’s Pack Plast, according to a press release yesterday. The scheme will be implemented through 100-percent absorption of Pack Plast and two share capital increases, in which Sarantis will contribute 6.4 million euros. Pack Plast produces a broad range of household consumables and exports to the Czech Republic, Russia and Ukraine. It projects 2002 consolidated sales of 37 million euros. Attica Enterprises grows in Baltic Ferry operator Attica Enterprises (AE) announced yesterday that it had taken delivery of its new Superfast IX ferry from HDW Shipyards in Kiel, Germany. The new ferry is the third in a series of four deployed in the Baltic Sea and will begin service at the end of the week on a new Germany-Sweden route. AE started operating in the Baltic in May 2001 with a service between Germany and Finland. Biscuit magnate dies Evangelos Papadopoulos, founder of Papadopoulos Biscuits – producing several household brand names in the postwar period – died yesterday at the age of 93. The company, founded in 1922, now has four factories, in Athens, Thessaloniki, Volos and Oinofyta. New listing Promota Hellas, which specializes in business, advertising and promotional gifts, is to be floated on the Athens Stock Exchange today with 8,130,000 common registered shares with a flotation price of 5.28 euros. The company’s IPO, targeting 8.6 million euros, was oversubscribed 22 times. The funds raised will be used to modernize equipment, buy a land plot and develop a franchising network.