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SYSTEMS SUNLIGHT  contributes to a pilot RES project of PPC in Gavdos

SYSTEMS SUNLIGHT contributes to a pilot RES project of PPC in Gavdos

“SYSTEMS SUNLIGHT” (or the Company), a fully owned (100%) subsidiary of Olympia Group, contributes to a pilot project of “PPC (DEI) Renewables” for the coverage of Gavdos’ energy needs with regard to Renewable Energy Sources (RES). With a strong emphasis on the optimization of the use of energy produced from photovoltaic storage systems, this action is conducted in the context of the Company’s broader commercial strategy as well as its commitment towards the goal of sustainable development and corporate responsibility. With the objective to assist the pilot project of “PPC Renewables” in Gavdos, SYSTEMS SUNLIGHT offered, as bonus, part of the required equipment, it proceeded with the supply of other related equipment and it also performed the entire installation works on a free of charge basis. It is worth mentioning that apart from the production of electricity from renewable energy sources, the above project also concerns the storage of energy into batteries produced by SYSTEMS SUNLIGHT so that this energy can be utilized in periods when there is no sun in the sky and when the electric energy from the available photovoltaic systems is not sufficient. By this manner, it is achieved a considerable reduction in the use of electric generator sets which are currently utilized during such periods. The system which was installed is sufficient to cover 10% of the island’s energy demand with a total cost equivalent to the annual fuel cost of the thermal plant. It is worth noting that SYSTEMS SUNLIGHT prepared the relevant study with regard to the storage and distribution of the produced energy from the photovoltaic park into the thermal production station... read more
HR Awards – Recognition of SUNLIGHT for its Corporate Social Responsibility practices.

HR Awards – Recognition of SUNLIGHT for its Corporate Social Responsibility practices.

SUNLIGHT Group, was nominated on November 1st at the HR AWARDS, for its Corporate Social Responsibility practices, proving that the Company is achieving business development with social responsibility. SUNLIGHT is committed to adhere to the Ten Principles of the United Nations (UN) Global Compact in the areas of Human Rights, Labour Conditions, the Environment, and Anti-Corruption. Dr. Konstantinos Georgiadis, Group HR Director, stated: “The respect and protection of human rights is of paramount importance and serves as a guiding principle for SUNLIGHT Group. Our aim is to provide a fair work environment, where our employees feel that they have equal creation and advancement opportunities, within a constantly evolving organisation. At the same time, we commit to provide a safe and healthy work environment for all our employees, by fully aligning all of our activities with the applicable legislative and regulatory framework, minimising accident risk and protecting our employees from exposure to a health-threatening environment, achieving integrity, honesty and respect. In this competition, we have shown that through a structured training and involvement program we have achieved measurable results proving that in the top of our value system is our employees!... read more
Financial Results of First Half 2017

Financial Results of First Half 2017

In June 2017, the Company successfully completed the issuance of an Ordinary Bond Loan, amounting to € 50 million with a 5-year duration and a coupon rate of 4.25% Earnings after taxes settled at € 5.2 million versus losses of € 1.2 million in the respective period of the previous year Earnings before interest, taxes, depreciation and amortization (EBITDA) settled at € 12.6 million posting an increase of 86% Turnover amounted to € 100.3 million demonstrating a growth of 45% Commenting on the Financial Results, the Chairman and Chief Executive Officer of SYSTEM SUNLIGHT SA, Mr. Vasilis Billis, stated the following: “During the first half of 2017, which was another difficult period for the Greek economy, the Company once again achieved improvement in financial performance as result of its extrovert strategy which has been constantly applied over the past years, and also as result of its systematic efforts towards the more efficient management of its cost basis. Despite the intense volatility in the markets of basic metals, including the commodity of lead, which is the main raw material in the production of batteries, and despite the depreciation of the US dollar, the notable dispersion of the customer base, both geographically and on product basis, in conjunction with the significant growth in sales volume, contributed to the absorption of the above pressures. At the same time the Group continued to implement its investment plan with regard to the expansion of production capacity in order to achieve its strategic goal of stronger penetration and enlargement of its competitive advantage in the largest international markets. Furthermore during the first half of 2017,... read more
Ημερομηνία δημοσίευσης οικονομικών αποτελεσμάτων 1ου Εξαμήνου 2017

Ημερομηνία δημοσίευσης οικονομικών αποτελεσμάτων 1ου Εξαμήνου 2017

Η εταιρεία Συστήματα Sunlight ABEE ενημερώνει το επενδυτικό κοινό ότι θα ανακοινώσει τα οικονομικά αποτελέσματα του 1ου Εξαμήνου 2017, την Τρίτη 26 Σεπτεμβρίου, μετά τη λήξη της συνεδρίασης του Χρηματιστηρίου Αθηνών. H Εξαμηνιαία Οικονομική Έκθεση, θα αναρτηθεί στην ιστοσελίδα της εταιρείας www.systems-sunlight.com καθώς και στην ιστοσελίδα του Χρηματιστηρίου... read more
SUNLIGHT GROUP – The first Group of companies in Greece certified with ISO 37001 with regard to issues of compliance and anticorruption

SUNLIGHT GROUP – The first Group of companies in Greece certified with ISO 37001 with regard to issues of compliance and anticorruption

The certification was granted by the organization TÜVHELLAS (TÜVNORD) SYSTEMS SUNLIGHT, the leading producer of energy storage systems in the world, member of Olympia Group, established by Panos Germanos, becomes the first company in Greece -and among the top ten companies in Europe- that has been certified with regard to the application of the Standard ISO 37001 concerning anticorruption. The certification was granted by the organization TÜVHELLAS (TÜVNORD), one of the most prestigious organizations for Inspection and Certification. TÜVHELLAS certified that the relevant procedures applied by Sunlight are in alignment with the standard ISO 37001. It is noted that the Group of companies has also received from TÜVHELLAS (TÜVNORD) an affirmation of observance of the Standard ISO 19600 (Compliance Management System) for regulatory compliance. The combination of the two Standards ISO 37001 and ISO 19600 allows the Group to establish a solid and strong structure in terms of transparency and regulatory compliance. The commitment of the company is to operate and execute all its activities in the best possible conditions so that it ensures the optimal results with regard to quality of the final product by complying with the entire legislative provisions for the environment, hygiene and safety. In the same context, the company is committed to ensure its compliance with the relevant rules and requirements of the Greek and European legislation. Apart from the certification received by the organization TÜV HELLAS (TÜV NORD), SYSTEMS SUNLIGHT is also member of TRACE International, which is an organization internationally recognized for the fight against corruption, whereas it has also developed its own mechanisms with the aim to ensure transparency in the... read more
Γνωστοποίηση Κράτους-Μέλους προέλευσης

Γνωστοποίηση Κράτους-Μέλους προέλευσης

Η ΣΥΣΤΗΜΑΤΑ SUNLIGHT ABEE στα πλαίσια των διατάξεων του Ν. 3556/2007, όπως τροποποιήθηκε με το Ν. 4374/2016 και της προσαρμογής της ελληνικής νομοθεσίας στις διατάξεις της Οδηγίας 2013/50/ΕΕ περί διαφάνειας, ενημερώνει το επενδυτικό κοινό ότι το κράτος-μέλος προέλευσης της Εταιρείας είναι η Ελλάδα και η αρμόδια εποπτική αρχή είναι η Επιτροπή... read more