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Strintzis Lines posts impressive profit increase
Monday, August 23, 1999
First half turnover rose to 8.9 billion drachmas from 7.4 billion drachmas a year earlier, marking a rise of 21 percent. The increase, said the company, was achieved despite the introduction of three new ships by rival companies on the Adriatic route, which the company plies. Strintzis Lines is currently carrying out an investment plan worth 95 billion drachmas. It includes the construction of five new ships at three shipyards - Van de Giessen, Daewoo and Hellenic Shipyards. The new ships will be used on Adriatic and domestic routes.
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Rania Deimezi
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