Iktinos Hellas S.A. acquired the rights of use of a quarry for 7 millions euros

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The quarry of high-quality and tenacity white dolomite marble was recently leased for extra 20 years after the approval of the environmental requirements.

Iktinos Hellas S.A. has announced that in July 5, 2018 the transfer of 96.470 decares of public quarry land (marble quarry) lease rights from “Kavala Marble S.A.” was concluded. The quarry is located in Pyrgoi at Municipality of Prosotsani in Drama.

The quarry of high-quality and tenacity white dolomite marble was recently leased for extra 20 years after the approval of the environmental requirements.

The quarry will start operating immediately and it means an increase of Iktinos Hellas S.A. turnover.

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The price of acquisition was 7 million euros and it was paid in cash.

Source: www.euro2day.gr