MAJOR GREEK INVESTORS IN THE BALKANS

> OTE: The Greek public telecom operator has equity stakes in telecoms operators in Serbia and Romania and has plans to move into Bulgaria, FYROM, and Albania.

> Hellenic Bottling Company: Greece's Coca-Cola franchise holder bottles Coca-Cola in Bulgaria, Romania, Serbia, Moldova, and FYROM.

> Hellenic Petroleum: The state-controlled oil refining group has acquired a controlling stake in Okta, the state oil refinery in FYROM.

> National Bank of Greece: The country's biggest banking group has set up networks in Albania, Bulgaria, and Romania, and has acquired a bank in FYROM.

> Alpha Bank: Greece's biggest private banking group now has interests in Romania, Bulgaria, Albania, Serbia, and FYROM.

> Titan Cement: Greece's second-biggest cement producer has acquired majority stakes in companies in Bulgaria and FYROM.

> Mytilineos: The metals-trading group has acquired a Romanian metallurgical processor and trades with companies in Serbia, Kosovo, and FYROM.

> Athenian Breweries: The Greek affiliate of Heineken, Europe's biggest brewer, partly owns breweries in Bulgaria and FYROM.

> Delta Dairy: Greece's biggest dairy producer has set up joint ventures to produce ice cream in Bulgaria, Romania, and Serbia.

> Chipita: The snacks manufacturer has set up subsidiaries in Bulgaria and Romania making packaged croissants and salty snacks.