Industry upbeat about growth


Greek industry has prospects for dynamic growth in the post-2004 environment, mainly due to extensive restructuring, which has enabled it to overcome the crisis of recent years, the Federation of Greek Industries (SEV) said in a survey covering the 1990-2002 period.

The five biggest sectors of Greek industry, which account for 62 per cent of total sales today, are food and beverages, petroleum products and coal, chemicals, basic metals and non-metallic minerals.

The big loser has been textiles, whose share of sales shrank from 11 per cent in 1990 to just 4 per cent in 2002.

Source: Kathimerini



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