Gr. Sarantis S.A.
Gr. Sarantis S.A. (Sarantis) is a leading consumer products company in Greece and Eastern Europe. It is engaged in the manufacturing, marketing and distribution of cosmetics, household use products, para-pharmaceutical items and car accessories. The company holds a distribution network in over 20 countries through direct exports. Sarantis distributes its own branded products as well as other branded products. In addition, it also formed joint-ventures and strategic alliances with international companies like Estee Lauder and Clinique, for distribution of its products in Greece and Eastern Europe. The company through its subsidiaries has operations in Poland, Romania, Bulgaria, Serbia, Czech Republic, F.Y.R.O.M. and Hungary. Sarantis is headquartered at Athens in Greece.The company reported revenues of (Euro) EUR 259.37 million during the fiscal year ended December 2008, an increase of 7.36% over 2007. The operating profit of the company was EUR 33.78 million during the fiscal year 2008, a decrease of 0.47% from 2007. The net profit of the company was EUR 25.39 million during the fiscal year 2008, a decrease of 20.47% from 2007.
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