The Deputy Undersecretary of Defense for Industrial Policy of the United States Ministry of Defense, Mrs. Suzanne D. Patrick, paid a formal visit at INTRACOM facilities in Peania.
The delegation escorting Mrs. Patrick comprised of Colonel Robert Hendricks, Director of the Office of Defense Cooperation - Greece, Mr. Christopher Gregor, Assistant to the Deputy Undersecretary, Commander Miaris, Staff Officer of the Hellenic Ministry of Defense Industry Directorate and Mrs. Eyfrosinidou, International and Public Relations Directorate of the Hellenic Ministry of Defense.
INTRACOM Group Chairman, Mr. Socrates Kokkalis, welcomed the Deputy Undersecretary and the delegation. During the visit, INTRACOM CEO, Mr. George Deligiannis, presented INTRACOM's activities, while Dr. George Troullinos, Executive Director Defense Systems, presented the activities of the Defense Sector. In particular, the Deputy Undersecretary was informed about INTRACOM's activities, products and services and discussed prospects concerning the establishment of new alliances with US companies. A tour of the Defense Sector facilities was afterwards conducted for the delegation.
Mrs. Patrick was impressed by INTRACOM's modern facilities, the company's significant research activities as well as its international co-operations with leading companies. INTRACOM's Defense Sector is one of the largest defense electronic systems and applications development and production unit in Greece as well the broader region.
Founded in 1977, listed on the Athens Stock Exchange since 1990 and included in the FTSE/ASE-20 LargeCap index, INTRACOM is the largest multinational Information & Communications Technology (ICT) solutions provider in Greece. The company serves primarily the telecommunications, government, defense, and banking & enterprise business fields. INTRACOM Group's international activities, products and services reach the markets of 60 countries all over the world, focusing mainly on South-East Europe, while present in the EU, the Middle East, North Africa and the USA. INTRACOM has subsidiaries in 16 countries around the world. In 2004 the company invested 7-5% of its revenues in R&D activities, while operating state-of-the-art R & D labs allowing rapid prototype development and validation. 5,450-strong INTRACOM Group reached €620.4 mil. in sales and €43.1 mil. in profits before tax in 2004. International activities account for over 45% of the Group's annual turnover. In 2002, INTRACOM founded the Athens Information Technology (AIT), a non-profit educational and research center which cooperates with the internationally acclaimed Carnegie Mellon University of USA. INTRACOM's vision is to participate as a key international player in the modernization process of regional economies.