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1999

TOURISM BUSINESS SECTOR

In 1999, Travel Plan, the Lambrakis Press Organization's tourism business sector, further enhanced its leading position in this business sector, while simultaneously expanding its high quality services to new specialized forms of tourist services. At the same time, it was decided to spin off the tourism business from the parent company's activities and transfer its assets and business to Eurostar S.A., in which Lambrakis Press has an indirect participation of 100% via its subsidiary LP Digital. Eurostar S.A. will be renamed Travel Plan and head the Group's tourism business sector.

TOURISM BUSINESS SECTOR'S SPIN-OFF

June Endorsement of the decision to spin off the tourism business sector and transfer it to Eurostar S.A., in which Lambrakis Press holds an indirect participation of 100%.

ESTABLISHMENT OF COMPANIES IN THE WIDER TOURISM SECTOR

September EXPO PLAN S.A.: Lambrakis Press and Bolognia Fierre SpA founded the company jointly, on a 50%-50% basis. The company will be in charge of organizing trade fairs and exhibitions.


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