The prospects of further enhancement of the leading position, that KLEEMANN already possesses in the permanently developing Greek market of lifts, the enlargement of the company's presence in the abroad, with the addition of the earthquake elevator in the range of the company's products, are some of the main issues that were presented today to SMEHA by Mr. Anastasios Kyriakidis, the General Manager of KLEEMANN HELLAS.

Analyzing Kleemann's objectives for the future, Mr. Kyriakidis was mentioned in up to today company's course, and to the more important turning points in the history of the company, that this year completes 20 years of successful course in the enterprising field, commenting that they constitute the better deposit for its future growth.

For the two year period 2004-2005, concerning the investment activity, Kleemann has put in first place, the promotion of new products in the market, the installation of commercial networks in Europe, the growth of the after sale service department, the improvement of parcel of lift. At the same time the company regularly investigates the possibility of new participations in companies of the same sector in Europe.

According to Mr. Kyriakidis, indication of the up until now positive course of the Group and its prospects it is on one hand the development of its financial sizes in the quarter of the current use and on the other hand the estimations for the total year of 2004, what on the present they are confirmed in full.

Specifically, regarding the total of the current use, the management of Kleemann Hellas expects in consolidated sales of order of 72,50 millions of Euros (an increase of approximately 11% comparing to 2003), and net profits pre taxes 8,30 millions of Euros (increase 3%).

Concerning the parent company, sales are forecasted to be reached at the level of 63 millions of Euros (increased by 12,5% comparing to 2003) and net profits pre taxes above 7 millions of Euros (increased by 5% comparing to 2003).

Today KLEEMANN, with the affiliated companies KLEFER, LEISTRITZ and Kleemann Asansor, constitute a powerful Group with more than 700 employees and industrial buildings that exceed the 70.000 sq.m.

Kleemann is one of the biggest companies of the sector in the European and international market, with more than 13.000 systems or 4% of the world market of lift, it enjoys a leading place in the continuously developing Greek market, as it allocates the 72,4% in installed units and 44,3% in value.

Moreover, progressively objective of company is its share in value it reaches its percentage in units.

The international sales of the Group (30% in 2001 and 38% in 2003) are held in more than 50 countries, with main markets: England, Ireland, Germany, Belgium, Serbia & Montenegro, Turkey, Cyprus and Russia.