The new, updated business plan of PPC will be presented in London after the acquisitions of ENEL Romania and the Kotsovolos chain, according to the president of the company, Giorgos Stassis
On January 23, the new, updated business plan of PPC will be presented in London after the completion of the acquisitions of ENEL Romania and the Kotsovolos chain, said the company’s president and CEO Giorgos Stassis, speaking today at the Hyperfund conference.
The goal of the business plan, as he said, is an internationalized, developmental, healthy, customer-centric and modern PPC that creates sustainable value for everyone.
PPC’s strategy is based on three pillars:
– The transition to green energy, with investments in RES and de-lignitization.
– The digital transformation, with the application of new technologies in all the group’s activities, with smart meters and investments in the network.
– Customer-centricity, in order for PPC to be the first choice not because of habit but because it responds to what the modern consumer needs.
Mr. Stassis reviewed the course of the company from 2019, when it was on the brink of bankruptcy until today, noting that the course of rescue and recovery is an example of how a company closely connected to the State can become a modernization force for the whole industry.
He stood out:
– In the decisions taken during the crisis, with technocratic criteria but also with elements of social empathy. “Loss turned into continued profitability that allowed us to stand by our customers with the biggest discounts of any provider,” he said.
– In the atmosphere of cooperation with the employees. “The obstacles are not insurmountable when it is understood that the good of the company goes hand in hand with the interests of the employees”, he emphasized.
Today, he said “PPC has been cleaned up and is moving forward attracting billions of investment funds. The stock has recovered, the Treasury’s percentage has decreased but the value of the holding is higher due to the increase in the share price. A business closely linked to the State shows how it can overturn stereotypes. The success of PPC becomes the success of Greece”.
Source: Skai
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