ZERITIS GROUP APPOINTS MR. KONSTANTINOS KARAGIANNIS AS GROUP CEO
Zeritis Group is pleased to announce the appointment of Mr. Konstantinos Karagiannis as Group Chief Executive Officer (CEO) effective January 1st, 2018. He will succeed in the position the late Founder of the Group, Mr. Panos Zeritis. Mr. Karagiannis overtakes after his successful tenure as Group CFO, where he was responsible for streamlining cash flows […]
ZERITIS GROUP DIVESTS ITS REAL ESTATE ASSET IN LABATLAN, HUNGARY
On December 8th, 2017, Zeritis Group signed the divestiture of its 3,440 m2 Guest House in Labatlan, Hungary to Árkádok LLC. The transaction, which will be completed on March 31st 2018, has been executed to rationalize the Group’s real estate portfolio and focus on strategic locations with upside potential. Konstantinos Karagiannis, Chief Financial Officer at Zeritis Group […]
ZERITIS GROUP SIGNS A 5-YEAR LEASE WITH PET4U FOR ONE FLOOR OF ITS REAL ESTATE COMPLEX IN NEA ERYTHRAIA, ATHENS, GREECE
On October 12th 2017, Zeritis Group signed a 5-year lease with PET4U for the first floor of its logistics and office building in Nea Erythraia. PET4U aims to utilize the 4,175 m2 floor as its central warehouse for distributing pet products across Greece. This is the first step of a vision formed by the founder of the […]
MAY HIS SOUL REST IN PEACE
It is with deep sadness that we announce the passing of Panos Zeritis, Chairman and Founder of Zeritis Group, on Tuesday, October 10th, surrounded by his family. From the Z-former patent to greenfield investments, he has been a pioneer and innovator of the papermaking industry, awarded in Greece and Hungary for his business achievements. His […]
BUDAFOK RECYCLING REINFORCES ITS EXTERNAL LOGISTICS & TRANSPORT FLEET
In the General Assembly that took place in Szentendre on May 25th 2017, Budafok Recycling’s shareholders approved the business plan submitted by management for the coming year aiming at increasing the waste paper sourcing base and eventually ramping up production. As a first step of the execution, Budafok Recycling’s management has proceeded with investing in a […]
BUDAFOK RECYCLING INVESTS IN A HIGH CAPACITY INDUSTRIAL SHREDDER
Following the successful initiatives deployed in 2016 and focused on scaling up tonnage bailed, Budafok Recycling has recently decided to invest in a high capacity industrial shredder as a means of offering high quality shredding services to institutions in Hungary. Simultaneously, Budafok Recycling has decided to invest in a new surveillance system including 24/7 Closed-circuit […]
ZERITIS GROUP SIGNS A 6-YEAR LEASE FOR ITS 6.000 M2 OFFICE & WAREHOUSE ASSET IN ATHENS, GREECE
Committed to its corporate plan for expansion, Zeritis Group signed on April 13th 2017 a 6-year lease contract for its Iera Odos office and warehouse property in Egaleo, with G.P. Products S.A. G.P. Products was founded in 1958 and sells hairdressing, beauty and cosmetic products through the wholesale and retail channels. The company’s products are addressed […]
ZERITIS GROUP SIGNS A 10-YEAR LEASE WITH XXXL SHOPPING CENTER FOR ITS 7,100M2 RETAIL PROPERTY IN SZENTENDRE, HUNGARY
Following the Group’s policy of working side by side with its tenants to create mutually beneficial long-term relationships, Zeritis Group recently signed a 10-year lease contract for its retail property facing Dózsa György út, just off the M0 ring road, with XXXL Shopping Center. XXXL Shopping Center is a chain of retail outlets engaging in […]
ZERITIS GROUP HQ TRANSFER
As part of the Group’s strategic plan to upgrade in all operational levels, on May 22nd 2017 the headquarters were transferred to a renovated company-owned property in Nea Erythraia. Due to the natural green surrounding, Zeritis Group’s new premises are a human-centered workspace that aims to increase employee productivity and performance. The Group aims to help […]
BUDAFOK RECYCLING LAUNCHES NEW CORPORATE ID AND WEBSITE
Following its successful course in the waste paper industry for more than two decades, Budafok Recycling recently re-launched its brand identity. The new logo is keeping the heritage of the brand, while bringing a contemporary perspective through its dynamic new design. This corporate re-branding portrays the company’s strategic view for expansion and signifies a fresh […]