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The rise and fall of Lavrentios Lavrentiadis

07 August 2011 / 17:08:33  GRReporter
13125 reads

Regardles of everything, investments in the media were described by many as "contradictory at the least". Newspapers and TV stations were bought bringing losses - with some exceptions - in a sector that even before the crisis was shaky. Everything showed that the two businessmen were seeking "refuge" from the media. They themselves said that they were creating a portfolio of shares, which will come on the stock exchange under the head of ΝΕP.

Today ΝΕR in addition to the 12.53% in the Pegasos and 10.14% in H. K. Tegopulos, controls 10% of SKAY FΜ, 10% of Red FΜ, 50% of the magazine «Εpikera» and 26.66% in the company of George Kirtsos. Also it controls with its 100% the radio station Flash, TV channel "Channel 10" Sport ΤV, the Anglophone newspaper and portal «Αthens Νews» and the newspapers «Εspresso», «Hora», «Isotimia», «Score» as well as the company Daily Ρress (periodicals).

With the enry of Lavrentiadis in football things were simpler. In November 2009 for the amount of 25 million euro he acquired 9.9% of "Olimbiakos", 50% of "Karaiskakis" Ltd that uses the stadium of "Olimbiakos" and 10% of "Thrilos" ("Legend") Ltd.


Tags: Lavrentios Lavrentiadis farmaceutical company Αlapis Ρroton Bank Investigation
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