IKTINOS HELLAS S.A.- GREEK MARBLE INDUSTRY

Establishment of subsidiary

The IKTINOS HELLAS SA announces the set up of a new company named AIOLIKI PROFITIS HLEIAS S.A . The new company is  100% subsidiary of IKTINOS HELLAS SA  and the share capital amounts to 60.000 €.It aims  to be active in wind power, namely, the construction of wind farm in the prefecture of Magnesia. The company has submitted  to RAE request for production license for 22 MW.