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SYSTEMS SUNLIGHT participates in an anti-bribery roundtable hosted by TRACE International

SYSTEMS SUNLIGHT participates in an anti-bribery roundtable hosted by TRACE International

Athens, October 2016 – SYSTEMS SUNLIGHT, a global player in the field of integrated energy solutions and a member of the Olympia Group owned by Panos Germanos, participated in an anti-bribery roundtable discussion hosted by TRACE International, the world-renowned anti-bribery organization, in Athens on 16 September 2016. The discussion was led by TRACE President Alexandra Wrage, an international leader in the field of anti-bribery compliance. The event was attended by companies from across industry sectors, and SYSTEMS SUNLIGHT was represented by Tania Chadouli, Legal Affairs and Compliance Director and Dimitrios Gkoumas, Head of Compliance Office, Board of Directors Non Executive Member.  The event focused on best practices for ensuring commercial transparency, as well as developments in the field of anti-bribery compliance. The participants exchanged views on the Greek economic reality and entrepreneurship, the current legislative framework and ways to improve business ethics and promote transparency in corporate practices. Alexandra Wrage offered many specific examples concerning the implementation of relevant anti-bribery practices in Greece and SYSTEMS SUNLIGHT representatives discussed innovative tools developed by SUNLIGHT to increase commercial transparency, in addition to those from TRACE.  The participants unanimously agreed that the adoption of measures to prevent and combat bribery and corruption in Greece could prove significant in dealing with the economic crisis. Adopting training tools for executives and devoting resources to building effective compliance programs are essential as a means to this end, and TRACE will prove an invaluable support in achieving it.  “TRACE was pleased to host this roundtable event in Athens. We engaged in high-level discussions regarding the international anti-bribery landscape and steps that Greek companies can take to... read more
CeMAT 2016: SYSTEMS SUNLIGHT the Leading Choice for Ultimate Motive Power & Longevity

CeMAT 2016: SYSTEMS SUNLIGHT the Leading Choice for Ultimate Motive Power & Longevity

Hannover, May 2016. At this year’s CeMAT, SYSTEMS SUNLIGHT presents its comprehensive product portfolio for the supply chain and logistics market, which is aligned with the exhibition main message “Smart Supply Chain Solutions”. The complete SUNLIGHT Motive Power portfolio – Motive Power Cells & Batteries, HydroSave series, MotionGel series and a full list of accessories including Chargers, Electrolyte Level Indicators and Battery Monitoring Systems – ensure reliable operation in a wide range of critical applications for a broad spectrum of industries, including Materials Handling and Logistics. With this participation in the world’s largest Intralogistics trade fair, SUNLIGHT is underling its knowhow in manufacturing Batteries and Cells. Mr. Labros Bisalas, Sales Director Motive and Reserve Power Batteries, has stated: “SYSTEMS SUNLIGHT, leads innovation at technological and commercial practices. We have applied the advanced technology and knowledge of developing Submarine Batteries – from where our company has commenced its operations – to Motive Power Batteries and we have gained international recognition with significant market share at the Material Handling industry. This is the outcome of our strategic approach: offer to our Partners excellent cooperation and products that add value to their business”. The SUNLIGHT Cell, is the company’s key message at this trade fair: With Solid Design it offers Long Life in tough conditions and it is manufactured on the Best-in-Class Equipment with uncompromised use of Raw Materials. Visitors at the SUNLIGHT booth have experienced the SUNLIGHT strength, as a member of a developing business ecosystem Olympia Group, and the SUNLIGHT philosophy which is passion for excellence to develop and supply Reliable Battery... read more
2015 – A year of high performance

2015 – A year of high performance

2015 – A year of high performance Increased turnover by 14% (EUR 136.6 million in 2015, from EUR 119.6 million in 2014) Increased EBITDA by 30% (EUR 13.4 million in 2015, from EUR 10.2 million in 2014) Increased production by 22.5% (1,291 million in 2015, from 1 million items in 2014)   According to the financial results announced by the company, the end of 2015 saw an impressive increase in the FY 2015 figures of SYSTEMS SUNLIGHT, member of the Olympia Group, owned by Panos Germanos. The company’s steady growth is reflected in the increase of its turnover and EBITDA, parallel to the impressive growth in production. Spectacular were also the results presented by SUNLIGHT Recycling, generated from the recycling of 6.700 tons of lead. Specifically, in 2015 SYSTEMS SUNLIGHT achieved a significant increase of turnover by 14%, posting sales of EUR 136.7 million in relation to EUR 119.6 million in 2014. Equally sizeable was the growth of EBITDA by 31%, reaching EUR 13.4 million in relation to EUR 10.2 million in 2014. In 2015, production also reached record high levels, increased by 22.5% in relation to 2014, as a result of higher demand. Specifically, production increased from 1 million items in 2014 to 1.29 million in 2015, making SUNLIGHT the 2nd largest production factory in Europe. The growth in production was followed by an increase in human resources which the company has been steadily enhancing over the past years, currently counting 620 employees in relation to 413 in 2013. Also impressive were the results of SUNLIGHT Recycling which, during the first year of operation, significantly contributed to the results of SUNLIGHT by verticalizing production through the... read more
Strategic Agreement with the French Navy

Strategic Agreement with the French Navy

Strategic Agreement with the French Navy   After the successful participation of SYSTEMS SUNLIGHT in the international tender launched by DCNS, France, the company was awarded the contract for the design, construction and delivery of submarine batteries for the new category of nuclear BARRACUDA submarines of the French Navy. After the prototype battery components were tested and evaluated by the competent departments of the French Shipyard DCNS, the first complete SUNLIGHT battery set was recently delivered and successfully installed on the ΒARRACUDA submarine. This successful agreement is the result not just of the financial bid, but primarily of the exceptional technical solutions which SUNLIGHT presented to the French shipyard. In addition, SUNLIGHT managed to ensure the exclusive supply not only of the specific battery for the new submarine, but also for any replacements required up to and including 2027.... read more
“Preferred Supplier” for Global Organizations

“Preferred Supplier” for Global Organizations

SYSTEMS SUNLIGHT SA, continues its development course by expanding the list of its strategic partnerships and therefore strengthening its leading position in the global market place. A new partnership with SIEMENS places SUNLIGHT as the former’s “preferred partner” at global level. The agreement resulted after a long-term evaluation of SUNLIGHT by the pertinent teams of the Customer.   During the inspections in the production plant of the Company in Xanthi, Greece, which concerned the entire production procedure as well as the support divisions (logistics, customer service, etc.), SUNLIGHT fully responded to the high standards and requirements of the customer.   The certification granted, was the catalyst in appointing SUNLIGHT as the “preferred partner” for the activities of the former globally and enlarged the Company’s prospects to undertake significant projects. In addition, through this agreement SIEMENS will take advantage of the high quality range of SUNLIGHT and of the flexibility and responsiveness offered, by a fully certified and highly recognized EU battery manufacturer. Already, SUNLIGHT has been assigned with the production of type OPzS industrial batteries for a sub-station project of SIEMENS in... read more