ECONOMY

Creta Farms…

Creta Farms CEO Konstantinos Domazakis (l) is seen with Creta Farms Nordic CEO Thomas Olander (r) at a press conference in Athens yesterday. The company, a producer of cold cuts and luncheon meats, is to expand into Scandinavian and Baltic countries in the coming year as growth at home slows in the recession. It will enter the new markets, which include Sweden, Denmark and Finland, via a joint venture with Sweden’s Parsons. Creta Farms will hold 50 percent of the joint company.