Ceramics Allatini
“Kerameia Allatini SA. Real Estate & Holdings Management “is one of the oldest Companies in Greece.
THE COMPANY STRATEGY
The company’s strategy at this stage is focused on the following:
Activity in the real estate development sector.
Pursuit of alliances in the construction sector with companies in the sector with which synergies can arise from the co-operation of real estate.
The brothers Allatini founded the company , which had two industry sectors, ceramic production and flour mills. The products of ' Kerameia Allatini " were floor tiles, sewage pipes, decorative bricks and roof tiles.
The company was divided into two, creating two independent companies which both enter the Athens Stock Exchange.
The company continues with the brothers Konstantinos and Liveris Kotsias , who after buying the majority of stocks, modernized the production facilities, setting new goals and objectives.
A new factory is built in an area of 77.000m2 in the prefecture of Kilkis, for the environmentally friendly production of Cotto ceramic tiles.
The product range is enriched with new Gres Porcellanato tiles, expanding the opportunity for further development.
The production is suspended in order to modernize parts of the plant
It is decided to separate the industry sector from the mother company. A new subsidiary is created based in Kilkis prefecture called " Kerameia Allatini Ceramics Production Industry SA" while the mother company’ s name changes to ' Kerameia Allatini SA Property Management and Holdings’. The new object of activity is the management of real estate and investments. Also a new subsidiary company is founded with the name of " Kerameia Allatini Photovoltaic Parks SA". Its objective was the construction and management of a 3MW photovoltaic park 25km from Thessaloniki.
During the reorganization of the company it was decided to sell all of the company held shares in the subsidiary company " Kerameia Allatini Production Industry Ceramics SA »
All of the company held shares in the subsidiary company ‘Kerameia Allatini Photovoltaic Parks SA’ are sold, and the management of the land is retained