"The path to success lies in reinvesting"
The founder of the Group Mr. Miltiadis Karatzis establishes M. & A. KARATZIS LTD in Crete. The first production unit of the company in Melidochori engages actively in the production of netting solutions for the packaging of meat and poultry.
Incorporation of M. & A. KARATZIS SA. The company acquires a seaside plot in Drapanos region in Heraklion, entering the Tourism business sector with the NANA BEACH Hotel.
M. & A. KARATZIS SA absorbs M. & A. KARATZIS LTD
Mr. Miltiadis Karatzis and his wife Athina incorporate the company NAMI HOTEL BUSINESSES SA which develops a first class hotel next to NANA BEACH.
Operation of a second production plant in the Industrial Area of Heraklion, active in the manufacturing of netting products that cover the packaging needs of the food sector, agriculture and horticulture and industrial packaging in general.
M. & A. KARATZIS SA absorbs NAMI HOTEL BUSINESSES SA, and the 2 hotels create a joint complex under the NANA BEACH logo.
The company acquires Logistics facilities in the Heraklion Industrial Area.
The production base of the Group is further fortified with the addition of a second plant in the Heraklion Industrial Area and a production plant in Larisa.
The shares of M. & A. KARATZIS SA are listed in the Athens Exchange following a Share Capital Increase. The funds raised from the Initial Public Offering facilitate the expansion of the Group in the Netting and Tourism industries. The Group acquires the German based company MESH PACK GmbH. The production facility of the company in Kusey engages in the manufacturing of a wide range of netting packaging solutions.
The operations of the Larisa production plant are further expanded with the addition of 10,500 square meters factory space and new production lines focused on shading nets.
The company fortifies its operations in Germany through the acquisition of a 6,500 square meters Logistic Center in a 20,000 square meters plot in Witzenhausen – Kassel. The new facilities enable the company to better serve the needs of the respective markets in Central Europe.
KARATZI SA establishes a long term, strategic relationship with FABPRO ORIENTED POLYMERS, INC. in Kingman, Kansas, for the acquisition of production equipment by KARATZIS and the provision of bale net-wrap and pallet netting products to FABRO.
Expansion of Nana Beach Hotel with the addition of 54 new rooms. KARATZIS SA files applications for the installation of 8 MW solar parks in Viotia and Larisa.
Establishment of KARATZIS USA LLC. The company is headquartered in Kingman, Kansas and its production facilities manufacture bale net-wrap and pallet netting, addressing the respective markets of USA and Canada. The total investment of the Group in USA for the period 2008 – 2010 amounted to approximately $ 10 mil. KARATZIS SA is granted permit for the installation of 240 KW solar panels in its Heraklion and Melidochori production facilities.
KARATZIS SA acquires 45% of the Spain based company CROPPY SOLUTIONS SL, which is active in the trading of netting solutions in the local market.
Installation of 240 KW solar panels solar panels in Heraklion and Melidochori.
- KARATZIS SA increases its participation in CROPPY SOLUTIONS S.L. to 90%.
- The Group’s solar parks in Viotia and Larisa commence operations.
- KARATZIS SA acquires SOLAR PARTNERS LTD.
- KARATZIS S.A. opens a new 2 MW photovoltaic power station, in the area REZA-SOUPASI, of the Prefecture of Viotia.
- The 5.5 MW photovoltaic power station of the affiliate “KARATZIS ENERGEIAKI” was completed and brought into operation, in the area KOUKOS of the Municipality of Katerini.
- KARATZIS S.A. sold the affiliate KARATZIS-USA LLC, which has its registered office in Kingman of the State of Kansas of the USA, to FabPro Oriented Polymers LLC
- The affiliate MESH PACK GMBH, which has its registered office in Kusey of Germany, completed its investment programme which concerns the construction of a new industrial site and warehouse, of total surface of 3,000 square metres.
6 photovoltaic power stations of KARATZIS S.A., of total power of 0.6 MW, were brought into operation in Cephalonia.
Establishment of ZEUS PACKAGING AGRI LTD trade company with it's registered seat at the UK.
Loss of the President of KARATZIS S.A., Miltiadis Karatzis
- Εstablishment of KARATZIS ITALIA.
- Εstablishment of KARATZIS RUS.
- Εstablishment of Electricity Provider KEN S.A