ΒELT AND ROAD ASSOCIATES NEWSLETTER SEPTEMBER 2020

Dear friends in China,

Welcome to the newsletter of BELT AND ROAD ASSOCIATES, the Matchmaking Artist for Chinese investors interested in investing in Greece. We inform you about investment opportunities in Greece and the investment environment of the country.

In this newsletter:

  1. INVEST IN GREECE VIDEO FORUM SEPTEMBER 2020
  2. The tender process has started for the construction project of 370 million euros «THESSALONIKI FLYOVER», deadline 29th of October 2020
  3. One of the largest basketball clubs in Europe for sale, 25 million euros
  4. Centralizing outsourcing in Greece. Establishment of intra group services. Huge financial incentives for R&D centers.
  5. Development of the 1st SMART LOCKERS NETWORK in Greece 3,3 million euros
  6. MEDICAL CANNABIS projects in Greece. 22 million euros
  7. Looking for investor, high tech company with over 50 international patents. Their technology converts methanol or natural gas to electricity. 30 million US dollars
  8. HEDNO announces new tender for 850 million euros for 7.5 million smart electricity meters
  9. New waste treatment plants worth 1.2 billion euros
  10. Unique collection of natural bio-cosmetics products

INVEST IN GREECE VIDEO FORUM SEPTEMBER 2020

BELT AND ROAD ASSOCIATES organizes an online VIDEO FORUM entitled “INVEST IN GREECE VIDEO FORUM SEPTEMBER 2020”. The VIDEO FORUM is here http://www.beltandroadassociates.com/video-forum-2020/ and on the Forum page on Linkedin at https://www.linkedin.com/events/investingreecevideoforumseptember2020/

In “INVEST IN GREECE VIDEO FORUM SEPTEMBER 2020” we present a series of videos that were presented during the two successful ONLINE FORUMs that we organized in June and July 2020. The INVEST IN GREECE ONLINE FORUM and the 1ST GREECE CHINA MATCHMAKING FORUM.

You can watch the videos and find out about the investment opportunities in Greece from the most experts. You can also see the greetings of the Ministers of the Greek Government to the Chinese investors as well as the greetings of the representatives of the Chinese Government (Ambassador and NDRC).

THESSALONIKI FLYOVER, The new Eastern Ring Road of Thessaloniki

The tender was announced on September 19 for THESSALONIKI FLYOVER, the new ring road in the city of Thessaloniki. The date for submission of offers of interest is November 19, 2020. It is a construction project of high standards for which there will be a public tender in September 2020. The largest flyover in Greece. 13 km upgrading of the existing road. 8 new bridges. 3 new tunnels. 8 km of elevated road. 4 km of continuous Flyover bridge. Indicative budget 370 million € (PLUS VAT). Partnership of Public and Private Sector PPP. EMPLOYER: THE GREEK GOVERNMENT. This project covers a period of up to 30 years. 4 years are estimated to relate to the construction period and 26 years to the operating period. Payments to the Constructor will be made on an annual basis. The Constructor will undertake the construction, financing and maintenance of the project for the agreed period. The opportunity for Chinese companies concerns experience in similar projects and the ability to finance the project. Watch the video for the project Watch the video on ALIBABA CLOUD https://forumbeltandroad.oss-cn-hangzhou.aliyuncs.com/FLYOVER.mp4

BELT AND ROAD ASSOCIATES is ready to support you to participate in the forthcoming public tender and to introduce Local partners to cooperate with. Contact us at gfloras@beltandroadassociates.com or WeChat ID gfloras

ONE OF THE LARGEST BASKETBALL CLUBS IN EUROPE FOR SALE

Owner of Panathinaikos Basketball Club, Dimitris Giannakopoulos announced that that he is selling Panathinaikos BC. The price is 25,000,000 euros. According to estimators, just the value of the commercial brand reached 75 million euros. Giannakopoulos family has spent a sum of around 372 million euros from 1987 to 2012 for Panathinaikos BC. The parent athletic club was founded in 1908, while the basketball team was created in 1919, being one of the oldest in Greece. Alongside with team “Aris”, they are the only un-relegated teams with participation in every Greek First Division Championship until today. Panathinaikos has developed into the most successful basketball club in Greek basketball’s history, and one of the most successful in European basketball, creating its own dynasty. They have won six EuroLeague Championships, thirty-eight Greek Basket League Championships, nineteen Greek Cups, one Intercontinental Cup and two Triple Crowns. They also hold the record for most consecutive Greek League titles, as they are the only team to have won nine consecutive championships (2003–2011), as well as for the most consecutive Greek Basketball Cup titles, winning six from 2012 to 2017.

If you are interested in more information, contact us at gfloras@beltandroadassociates.com or WeChat ID gfloras

CENTRALIZING OUTSOURCING in GREECE

Greece offers a pro-business environment, a modern legal framework, and competitive financial incentives for the establishment of Global Business Services/ Shared Service Centers and BackOffice and FrontOffice Outsourcing/BPO centers.

Greece also offers a set of Financial incentives in the form of Financial grants to enable companies centralizing captive operations and achieve cost effectiveness.
a) Job Creation Subsidy-Grant .
50% of total wage cost for up to 100 permanent full-time employees recruited in the first five years of operation for up to twelve 12 months following their recruitment, and up to the amount corresponding to gross salary maximum of 2,000 euros per month.
b) Training Program Subsidy-Grant
50% of the cost for training new employees related to the new activity

c) CAPEX Subsidy- Grant & Wage Cost Subsidy-Grant.
50% of the equipment & software purchase cost and wage cost of any new employees who serve the new activity for up to 12 months following their recruitment, and up to the amount corresponding to gross salary of 2,000 Euros per month. The above costs are eligible up to 400,000 Euros.
d) R&D Grants
Foreign companies wishing to establish R&D centers in Greece for the purpose of providing research and development services that fall into one of the categories a) industrial research; b) experimental research and c) feasibility studies are supported with cash grants to cover part of the eligible costs:

  • Personnel costs.
  • costs of buildings, instruments, equipment.
  • costs of contractual research and consulting services used exclusively for the project.
  • additional overheads and other operating expenses.
  • costs for feasibility studies.

In addition, in Greece, according to article 22 of the Income Tax Code, scientific and technological research expenses, which include depreciation of equipment and instruments used for the needs of scientific and technological research, are deducted from gross income of companies increased by one hundred percent (100%). So the R&D center in Greece has huge benefits for foreign investors.

Watch the video on ALIBABA CLOUD https://forumbeltandroad.oss-cn-hangzhou.aliyuncs.com/CENTRALIZING%20OUTSOURCING%20in%20GREECE.mp4

BELT AND ROAD ASSOCIATES is ready to support your establishment in Greece, contact us at gfloras@beltandroadassociates.com or WeChat ID gfloras

DEVELOPMENT OF THE 1st SMART LOCKERS NETWORK IN GREECE

The Project concerns the development of the 1st SMART LOCKERS network for the significant facilitation of parcel handling and the solution of the problem in LAST MILE. The investor will succeed in the rapid creation of the first and perhaps the only network of SMART LOCKERS in Greece. PHASE A concerns the operation of 320 SMART LOCKERS systems in the area of ​​the capital of Greece, Athens and the Attica Region. The plan will be developed in a maximum of 18 months. In 2020, based on the data obtained with the Pandemic, the parcels moving in Greece by courier companies will approach 100 million. If you are interested in more information, contact us at gfloras@beltandroadassociates.com or WeChat ID gfloras

CAPEX          3.300.000 €
OPEX 5th year    2.271.000 €
Sales 5th year4.800.000 €
EBITDA  5th year1.894.000 €
EBITDA  5th year39,00 %
Gross profit 5th year53,00 %
IRR42,40 %
NPV  1.049.000 €

MEDICAL CANNABIS CULTIVATION, PROCESSING AND EXPORT

BELT AND ROAD ASSOCIATES is proud to present two of the most important MEDICAL CANNABIS projects in Greece. Both projects are ready for operation, licensed.

Total CAPEX € 22 mil, Projected sales (5th year) € 56 mil, EBITDA (5th year) € 30 mil.

The medical cannabis market is one of the most dynamically developing in the world. Its application in a broader range of treatments, as well as the legalization of its production and use in an established regulatory framework in Europe and North America, are the key drivers for its growth in the upcoming years. According to the Business Wire Estimations, the European medical cannabis market is expected to reach € 3.3 B in 2024 from € 290 M in 2019. The market is estimated to grow with a CAGR of 34.5% from 2019-2027.

If you are interested in more information, contact us at gfloras@beltandroadassociates.com or WeChat ID gfloras

HIGH TECH COMPANY WITH OVER 50 INTERNATIONAL PATENTS. THEIR TECHNOLOGY CONVERTS METHANOL OR NATURAL GAS TO ELECTRICITY. LOOKING FOR INVESTOR

Based in Greece a World leader in the development of advanced materials and devices for energy, defense and aerospace applications. Over 50 international patents. 15 years of research to get from core chemistry and engineering breakthroughs to final products.

Their technology converts methanol or natural gas to electricity

Production and Sales: High-Temp PEM Membranes and Applications in Fuel Cells, Flow Batteries, IoTSensors, Electrolysis

Membrane & Electrode Assembly is the heart of electrochemical systems. It defines performance, weight, lifetime.

Licensing: High-Temp Fuel Cell and Fuel-flexible fuel cells that reduce massively the need for hydrogen infrastructureKnow-how IP in design, cooling, testing, optimization.

Our High-temp MEA (Membrane & Electrode Assembly) technology is a game-changer for clean energy. Target markets: Off-grid, Hydrogen Electrolysers, Autonomous EV, Smart Sensors, Aviation/Drones EV, Energy Storage

CAPEX $30.000.000, projected revenue (5th year) $73 mil, EBITDA 20 mil.

If you are interested in more information, contact us at gfloras@beltandroadassociates.com or WeChat ID gfloras

NEW TENDER FOR 850 MILLION EUROS FOR 7.5 MILLION SMART ELECTRICITY METERS

HEDNO announces new tender for 850 million euros for 7.5 million smart electricity meters

According to information, the big project of HEDNO (Hellenic Electricity Distribution Network Operator SA) https://www.deddie.gr/en/ will start very soon for the installation of 7.5 million “smart meters”, ie new intelligent metering systems. power consumption at low voltage.

The supply will be made with a single tender for the supply and installation of smart meters in all electricity consumption meters in the country, as well as a nationwide telemetry center, which will have central hardware – software equipment and corresponding equipment to support mobile devices.

The total project has a budget of 850 million euros and most of the funds HEDNO aspires to raise it through loan programs of the EU Recovery Fund in which the Ministry of Energy intends to include the project.

NEW WASTE TREATMENT PLANTS WORTH 1.2 BILLION EUROS

By the end of 2020, 17 modern Waste Treatment Plants worth 1.2 billion euros will have been auctioned in Greece. Today in Greece there are only 6 Waste Treatment Plants and the Greek government has already approved the PPP programs for the new units.

If you are interested in more information, contact us at gfloras@beltandroadassociates.com or WeChat ID gfloras

UNIQUE COLLECTION OF NATURAL BIO-COSMETICS PRODUCTS

A Greek company has a range of 40 unique natural bio-cosmetics products. Organically cultivated, Greek origin’s products with the following active ingredients: Mastic oil, Olive oil, Essential oils, Fruit juices, Cereals, Herbs, Aloe-vera and Spirulina. Active ingredients that are identifiable and accepted by the organism, Natural ingredients deriving from certified organic cultivation (without pesticides, chemical fertilizers, weed killers), Quality control both on the raw materials and the final product and procedures of production that are friendly to the environment. FACIAL CARE, MOUTH CARE, SUN CARE, LIP BALMS, SHAMPOOS, SHOWER GELS, SLIMMING PRODUCTS, HAND CREAM, BABY LINE. They are open to any discussion either for exclusive distribution in Asia, worldwide, OEM or even full acquisition of the collection. If you are interested in more information, contact us at gfloras@beltandroadassociates.com or WeChat ID gfloras

Thank you for your attention. Have a nice day and keep safe

BELT AND ROAD ASSOCIATES, THE MATCHMAKING ARTIST