untitled design

Tag: Κέκροψ

Kekrops: Lawsuit in the civil courts and possible appeal to the ECtHR for the area in Psychiko

Kekrops: Lawsuit in the civil courts and possible appeal to the ECtHR for the area in Psychiko Kekrops: Lawsuit in the civil courts and possible appeal to the ECtHR for the area in Psychiko

Following its previous announcements, KEKROPS announces that after a thorough examination of the decisions of the Supreme Court for the out-of-plan area of ​​242.25 acres, which passes into the ownership of the Greek State, considers the decision respectable but extremely unfair and contrary to older case law of the Greek courts, both in relation to […]

Kekrops: Share capital reduction by 2.97 million euros for offsetting losses

Kekrops: Share capital reduction by 2.97 million euros for offsetting losses Kekrops: Lawsuit in the civil courts and possible appeal to the ECtHR for the area in Psychiko

The reduction of the share capital of the company by the amount of € 2,970,620.10, with a reduction of the nominal value of each common registered voting right from its share from € 0.30 to € 0.15 for offsetting accounting losses of previous years, was decided by Ordinary General Meeting of shareholders of Kekrops, held […]

Cecrops: The irreversible decision of the Supreme Court is an unpleasant and unexpected development

Cecrops: The irreversible decision of the Supreme Court is an unpleasant and unexpected development Kekrops: Lawsuit in the civil courts and possible appeal to the ECtHR for the area in Psychiko

Kekrops, in an announcement, announced that, through its legal advisers, it studied its reasoning no. 747/2022 of the decision of the Supreme Court regarding the area in Psychiko. With this decision, as the company notes: a) the lawsuit of the Greek State is partially accepted regarding the area outside the city plan, area 242.25 acres […]

The 34-year court adventure that exhausted Kekrops

The 34-year court adventure that exhausted Kekrops The 34-year court adventure that exhausted Kekrops

By Eleni Botas The dispute between the company Kekrops and the Greek State for the ownership of 300 acres in the old Psychiko Quarries dates back to 1988. This is an area in Tourkovounia, between the municipalities of Psychiko-Filothei and Galatsi, for which, as it became known through the attorney of the Municipality of Psychiko-Filothei […]

Kekrops: Expansion of losses in the nine months

Kekrops: Expansion of losses in the nine months Kekrops: Expansion of losses in the nine months

Kekrops recorded a decrease in revenues and an expansion of losses in the nine months, with the main axis being the mandatory reduction of rents due to the pandemic. In more detail, based on the corporate announcement: “The decrease in Sales is due to the mandatory reduction of rents by 40% and then by 100%, […]