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Border duty-free abolition would harm innocent HellenicBorder duty-free abolition would harm innocent Hellenic
Gavin Lipsith
2-Apr-2008
Hellenic stands to lose a substantial part of a business that generated sales of €69.3m ($109.3m) last year
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The European Commission’s (EC) motives behind its deliberate move to end the European border duty-free business are understandable. Duty-free shops on the borders of Bulgaria and Romania have often been
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(20-Sep-2006) - Hellenic Duty Free Shops has stated that participation in the border store tender in Turkey reaffirms its plans to become an international brand
(2-Oct-2006) - Hellenic Duty Free Shops is in negotiations with Setur to form a partnership to operate six duty-free stores and the food and beverage business on the borders of Turkey
(18-Jun-2002) - Hellenic Duty Free Shops announced today it expects to sign a preliminary agreement by early July 2002 to buy stakes of 60% each in two unnamed Turkish duty-free operators
(1-Nov-2001) -
(26-Jan-2006) - Reports indicate private investment company BC Partners plans to purchase a stake in Hellenic Duty Free Shops