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The proceeds from the Piazza Affari sale will be used to pay down debt and would reduce CEREIT’s gearing ratio by 2.1% to 37.2%.

For the completion of the Skourion mining project, an additional investment of €845 million will be required.

Mr. Adamopoulos has a long track record in the field of financial services and particularly extensive experience in the banking industry.

Entersoft announced that it has signed an Agreement for the acquisition of 100% of the shares of “SW RetailSoft SA”.
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The collaboration between the parties is expected to help broaden and diversify the customer bases for each company.