Marfin Investment Group

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  MARFIN INVESTMENT GROUP HOLDINGS SA
logo
Country GreeceGreece Greece
Seat Maroussi
legal form SA joint stock company
ISIN GRS314003005
founding 1998
Website marfininvestmentgroup.com
Business dataTemplate: Infobox credit institute / maintenance / data out of dateTemplate: Infobox credit institute / maintenance / year missing
Employee 17,300 (end of 2010)
management
Board Efthimios Bouloutas (Chairman)

Template: Infobox_Kreditinstitut / Maintenance / ID is missing

The Marfin Investment Group (MIG) is an Athens group of companies based in Maroussi , Greece . The company is listed in the Athex Composite Share Price Index on the Athens Stock Exchange .

history

MIG was founded in 1998 by medium-sized investors as Marfin Financial Group SA under the leadership of Andreas Vgenopoulos (born January 4, 1953). In 2001 it was renamed Marfin Investment Group Holdings SA . In 2006, the state-owned Dubai Group took a 35% stake. MIG succeeded in acquiring and restructuring various large companies. Food companies were bought and merged into the Vivartia Group. In 2006, Vgenopoulos joined Laiki Bank and merged it with Piraeus Bank to form Marfin Popular Bank . According to the news magazine Der Spiegel , Vgenopoulos is suspected of having " contributed to the existential crisis in the whole country ". A 20% stake in the telecommunications company Hellenic Telecoms AG (OTE) was sold to Deutsche Telekom in 2008 for 2.5 billion euros .

In 2009, Marfin took over a short company from the Greek state with the assets of the previous Olympic Airlines , but not the staff, and founded Olympic Air . On October 23, 2013, Olympic Air was taken over by Aegean Airlines from the Marfin Investment Group for a total of 72 million euros and will henceforth be run as a subsidiary of Aegean.

Other companies (selection)

Individual evidence

  1. Annual Report 2011
  2. [1] World Trade - Payday for the Geier Spon from March 10, 2014 (accessed on March 4, 2015)
  3. ch-aviation.ch - Olympic Air now an Aegean subsidiary; new operations outlined October 25, 2013