The Annual Ordinary General Assembly of EDA THESS shareholders was concluded, approving the total management of the Company, the financial statements as well as the distribution of 19.5 mln € profits to the shareholders for Fiscal Year 2020. During the meeting, the General Assembly resolved on the election of the new Members of the Board of Directors.
The impressive results and the high profits that EDA THESS achieved despite the tough economic times not only for the country but for the whole world, confirm the successful implementation of its development planning. The smooth upward course of the Company ensured the distribution of high dividends to the shareholders providing added value to its people and increasing benefits for the society, thus contributing to the recovery of the national economy.
The remarkable progress in all business and strategic goals derives from the effective management model which ensures, by means of dynamic initiatives, reliability and consistency to every undertaking; elements that lie at the core of the EDA THESS’ operation and prove its tactical ability to accelerate the implementation of its investment program.
The General Manager of EDA THESS, Mr. Leonidas Bakouras, stated: «we achieved high performance in a year of significant challenges. By implementing best practices of corporate governance and taking full advantage of our know-how, we safeguarded the business continuity of the Company and at the same time, we maximized our financial results, laying the foundations for further success and increased profitability for this year and the future.
Today, we are broadening the range of our business activity and we set goals that are inextricably linked to sustainable development. We recognize the need for an integrated system of sustainability criteria, especially nowadays that the need to tackle climate change is more imperative than ever. In this context, we expand the application of innovative technologies, and we continue implementing large-scale investments to develop infrastructure and to achieve full digital transformation, thus decisively contributing to energy transition”.
On his behalf, the Chairman of EDA THESS’ BoD, Mr. Ioannis Tsitsopoulos, stated: “I warmly thank the shareholders and the members of the Board of Directors of EDA THESS for renewing their trust in me to act as the Chairman of the Company’s BoD.
With the impeccable cooperation of the excellent human resources of the company under the leadership of our General Manager, Mr. Leonidas Bakouras, we will move on altogether – Management and employees - on the path of success and continuous development of the previous years to the benefit of the local societies of the Regional Unit of Thessaloniki and the Region of Thessaly.
Our work is visible and measurable, leaving a positive economic, environmental and social footprint that is widely recognized by both the State and the citizens. Our Company shall continue contributing to and driving the undergoing developments in the sector of natural gas, remaining attractive to investors “.
