Industry In Greece Research Articles

Development Strategies for the Fur Farming Industry in Greece

Development Strategies for the Fur Farming Industry in Greece

Estimating Competitiveness Relations between Firms of a Multinational Group of Clothing and Footwear Manufacturing Industry in Greece

The footwear and clothing manufacturing sector is one of the most vibrant and profitable sectors in Greece. The majority of the firms belonging to this sector present important figures in terms of sales, turnover and value added and are part of multinational firms. For that reason the objective of this paper is to estimate and compare the competitiveness of two firms, specifically Bershka and Zara, parts of the group Inditex, with the use of financial ratios such as liquidity, capital structure etc. The results show that the comparison between the two specific firms with the largest market share in the group can lead to safe proposals and commitments for the improvement of the competitiveness of the group.

GREEK SHIPPING INDUSTRY AND ITS DEVELOPMENT

The purpose of this article is to present and discuss empirical results for the shipping sector focusing on the shipping industry in Greece and the position of Greek shipping in the international market. The methodology of the study will be based on the collection of secondary data from articles in journals, books and official websites. Conducting such a research consists of locating, studying, analyzing, criticizing and presenting views and data from published texts. Greek-owned shipping holds 16% of world commercial capacity while the percentage of Greek Gross National Product (GDP) to the world is 0.4%, which is 40 times less than the percentage of Greek-owned shipping worldwide. Greece faced the biggest economic crisis since World War II twelve years ago and continues to face it today. At the same time, today Greece is facing a new economic crisis due to the Covid-19 pandemic. At this critical moment, the Greek shipping industry, already having a significant contribution to the Greek GDP, could be a key driver of growth by supporting the Greek economy in liquidity, employment, contribution to GDP and investment. This study was prepared in order to evaluate the economic and social benefits of the Greek shipping industry (cluster).

Effect of different tomato pomace compost as organic fertilizer in sweet maize crop

ABSTRACT Pomace from tomato paste is produced in great amounts after tomato processing industries in Greece. The aim of this study is to evaluate tomato pomace as fertilizer in sweet maize cultivation. Two-year experiments were set up in West Greece under organic cultivations. The experiments followed a randomized complete block design, with four treatments, with which were different fertilizer applications (control, Tomato pomace, Tomato pomace & inorganic fertilizer (NPK), Tomato pomace & manure) in three replications. The root density, root surface, and symbiotic of arbuscular mycorrhizal fungi (AMF) were statistically affected by fertilization for both years, and the combination of Tomato pomace (Tp) and manure gave the highest values. Organic carbon (C) was significantly affected by year and fertilization, as well as the total nitrogen (N) was significantly affected by fertilization. Soil porosity under tomato pomace and mix of tomato pomace and inorganic fertilizer do not show statistically significant differences. The highest values for plant growth and leaf area index were under the combination of tomato pomace and manure. The yield was statistically affected by fertilization and year. Therefore, tomato mixtures with manure as well as compost had the most positive results in almost all parameters of the studies.

Energy efficiency in steam using industries in Greece

ABSTRACTThe industry sector in Greece is responsible for one-quarter of the overall total final energy consumption accounting for 3.8 Mtoe in 2015. Since 2007, a 29% decrease is noted due to the financial crisis. The goal of this paper is to provide information on the current industrial energy profile of Greece, with particular reference to the steam industry. It presents the outcomes of 10 energy audits in industries that use steam followed by a list of possible measures: insulation, installation of a deaerator unit, heat recovery, automatic blowdown system and regulation of excessive air. The proposed measures result in energy savings of 5.8 GWh/year and show that the potential of energy savings in the Greek steam industry is quite considerable.

Foreign experience in the development of the tourism industry in Greece and the possibility of its use in Ukraine

The tourism industry is the leading and most dynamic industry in the global economy. In many countries, tourism plays a significant role in the formation of GDP, and provides additional jobs for the population. The tourism industry is one of the important structures of a number of developed countries and therefore the development of this industry is necessary for Ukraine. Greece is known for its fascinating history and natural beauties. Greece has successfully developed tourism since the middle of the last century, and therefore its experience can help Ukraine make this industry one of the main in the structure of the national economy. The article explores the experience of Greece in the development of the tourism industry and the possibility of its use in Ukraine; analyzes the current state of development of the tourism industry in Greece and Ukraine. It substantiates the possibility of using the experience of Greece in the development of the tourism industry of Ukraine. The subject of this article is the possibility of using the experience of Greece in Ukraine. The goal is to provide a scientific and theoretical justification for using the experience of tourism development in Greece in Ukraine. Tasks: to explore the current state of the tourism industry in Ukraine and Greece; to identify the possibilities of using the experience of development of the tourism industry of Greece in Ukraine. General scientific methods are used: systemic, descriptive, comparative and structural-logical analysis. The following results were obtained: based on the study, it was revealed the feasibility of using the experience of Greece in the Ukrainian tourism industry. Conclusions: the launch of specially designed programs to increase capacity, as well as improve the quality of hotels and other objects. We need to attract investors to the development of hotels, transport, theme parks and recreation areas, for this we need to make convenient and easy conditions for investment. Ukraine needs to pay attention to improving the service and tourism infrastructure, has a low level of quality, for this it is necessary to review and change state standards and requirements for accommodation facilities, which are very outdated and therefore it is necessary to change them to more modern European standards. It will be advisable to mitigate visa formalities for those countries that are now the main suppliers of tourists, as well as for those countries that may be "promising" suppliers of tourists.

The relationship between strategic orientation, the degree of innovation and the financial efficiency in the food industry

The growing competitiveness between businesses in the food sector has increased the interest to understand the indicators affecting competitive advantage and to comprehend the correlation between those. The proposed theoretical framework examines the relationship between the three indicators Strategic Orientation, Innovativeness and Financial Results, and how they correlate. This paper aims to evaluate the relationship between the above indicators and to examine the validity of the proposed conceptual framework. In order to test this model, structural equation model (SEM) is applied to the cheese industry in Greece. The results of the empirical analysis led us to the conclusion that in the food sector and particularly in the cheese industry in Greece, Strategic Orientation, Innovativeness and Financial Results interdepend and are related to each other.

Assessing the implementation of serialisation in pharmaceutical industry in Greece: a qualitative approach

In a competitive environment such as the pharmaceutical sector the necessity for visibility of the supply chain is currently not only an idea in regulators' minds but also a challenge for the key stakeholders. The aim of the study is to reflect the current status of serialisation implementation in the pharmaceutical industry, discover interests and expectations and explore the post implementation environment. A stakeholder analysis was conducted to assess the importance of each stakeholder. Furthermore, to discover interests and expectations, analyse the status and explore what is coming next when serialisation will be effective, personal in-depth interviews with subject material experts took place. Our results indicate that manufacturers, CMOs and re-packagers are most impacted, and serialisation is a necessity for regulation compliance. Its implementation aims to bring important changes, the impacts are gradually visible and the journey until it is fully implemented will last for some years to come.

Assessing the implementation of serialisation in pharmaceutical industry in Greece: a qualitative approach

Assessing the implementation of serialisation in pharmaceutical industry in Greece: a qualitative approach

Wellness Tourism development in urban areas: the case of the Holistic Festival of Syros island, Greece

As tourism is the largest and most profitable industry in Greece, attempts have been made in recent years to develop new types of alternative tourism that may further fulfil traveller's needs for quality, new activities and advanced experiences. Wellness tourism is a novel and attractive activity, as it reflects a more active lifestyle and focuses on well living, stress management, relaxation and meditation. The maintenance of physical health and the introduction of proper nutrition and healthy lifestyle are the primary goals of wellness tourism, followed by mental development activities in an environmental-friendly accommodation. To investigate the prospects of wellness tourism in urban areas in Greece, we used a questionnaire addressed to people attending and organizing the “holistic Festival” of Syros Island, Greece, that took place on July 2017. Overall 53 questionnaires were obtained, 50 from participants and three from organizers. Wellness tourism seems to be a unique experience for the tourist, as it is both therapeutic-healing and entertaining, especially in an attractive environment. The study revealed that the development of wellness tourism can result in important economic benefits for a destination and may lead to viable growth of wellness tourism in many urban destinations in Greece, if a targeted strategy is adopted. This strategy should take into account developmental policy and strategy issues, management of entrepreneurship issues, financial limitations and advertisement/promotion and time-scheduling issues of the destination.

The Effect of Solar Energy on the EnvironmentalImpacts and Sustainability of Food Industry

The agri-food sector is in front of the great challenge of decoupling its economic growth from energy consumption. This research work investigates the effect of energy sources on the environmental impacts and sustainability of food industries in Greece as a case study. The emergy analysis was used as a supporting action tool for the diagnosis and the benchmarking of food industries in terms of their sustainability and environmental impacts, according to the available source of energy. The energy sources examined are from conventional sources and solar energy, the most available renewable energy source in Greece. All the inputs and outputs of the food industrial activity were applied, highlighting the interaction between sustainable development, environmental impact and competitiveness. In this study,it was found that the exploitation of solar energy by the examined food manufacturing industries contributes to the reduction of the environmental impact by up to 20.4% and the increase of their sustainability by 39.7%, in comparison to those of conventional energy sources. Also, an improvement of 7.3%in the emergy index of competitiveness was observed with out necessarily requiring a reduction in labour input, which may mean either paycut or a reduction in human resources. Finally, an improved algorithm of the Environmental Loading Ratio indexis calculated and a new emergy index, the Emergy eco-Productivity Indexis introducedin this work. The latter is increased up to 45.85% with the contribution of solar energy and expresses the influence of the monetary, non-monetary and renewable sources in the final economic product.

Transition to IFRS: Financial statement effects and taxation at the construction industry in Greece

This study evaluates the IFRS adoption on the financial statements and taxation of Greek companies at the construction industry in Greece, which are listed at the Athens Stock Exchange. The research computes the taxation amount paid and employs twelve accounting measures for the analysis of financial statements for the IFRS transition period (three years before and after their adoption in Greece). Regarding the taxation, the amount paid in the pre- to post-IFRS period was considerably decreased (about 28%). Regarding the examined accounting measures, the transition to IFRS lead to a deterioration of some basic financial ratios (more specifically, five profitability ratios) and could, therefore, affect the overall profitability and performance of the examined companies in their industry sector. Our results provide also evidence that IFRS adoption increased firm value, while a lower level of earnings can influence accounting quality and could be examined further as a red flag for earnings manipulation. The present study, as a recent empirical result of the IFRS impact and taxation on the construction sector in Greece, could be useful for policy makers, tax and other state authorities or managers.

New opportunities, challenges and realities for the media industry in Greece: an empirical examination of the effects of the financial crisis and digital technologies on media business performance

New opportunities, challenges and realities for the media industry in Greece: an empirical examination of the effects of the financial crisis and digital technologies on media business performance

Impacts of ISO 9000 on Greek SMEs business performance

PurposeThe purpose of this paper is to explore the association between ISO 9000 certification and business performance for small-to-medium enterprises in the food and beverage (F&B) industry.Design/methodology/approachThe research employed a qualitative approach based on case studies to investigate in depth how companies perceive ISO 9001. More specifically, four enterprises were examined, and a total of 26 semi-structured in-depth interviews were conducted with top and middle managers from the companies. Questions were validated by experts and through pilot interviews. In total, 45 documents of a broad range related to the quality management system were examined. Personal observation and non-structured consultation with personnel were also used to evaluate the possible impacts and livelihood outcomes.FindingsResearch findings showed that the certified companies in the F&B industry gain a number of both internal and external benefits, including: quality awareness, increased productivity, increased personnel participation and efficiency, improved image and penetration into new markets. Regarding the financial benefits of certification, the findings are not as convincing, as one company reported no financial benefits, and the rest reported that financial benefits are indirect and intangible. Conclusively, it can be said that SMEs that wish to pursue certification should certainly expect benefits.Practical implicationsAlthough many studies have concentrated on analyzing the impact of the implementation of ISO 9001 certification, there is still a clear need for research in specific sectors. Practicing managers and researchers will be able to examine findings in order to evaluate benefits and weaknesses from certification, thereby identifying and acting before and after certification.Originality/valueAlthough the F&B industry has shown a great preference for the ISO 9000 standard and has adopted it extensively, scant empirical evidence has been recorded on the subject. This paper contributes to a better understanding of the benefits for implementing the ISO 9001 certification and to the analysis of its application to the ever-important F&B industry in Greece, a country whose economy is particularly supported by SMEs and has been severely hit by the economic crisis. Researchers will therefore further their knowledge, understand benefits but also acknowledge weaknesses.

Supply Chain Management Evidence from Tourism Industry in Greece

The article aims is presentation of Supply Chain Management issues introduced in tourism enterprises. The tourist product constitutes a mixture of services and resources offered and controlled by several businesses, organizations and authorities, implementation of SCM with the common responsibility allow for development of actions along with a cooperative atmosphere among all tourist partners. The paper consists of investigating the tourism development with SCM introduction and the study results on SCM introduction in chosen Greek enterprises located in Crete Island. Based on the obtained preliminary results, the performance trends of the tourist chain elements have been elaborated in order to increase their efficiency.

Production technologies and low-technology knowledge-intensive venturing

PurposeThe purpose of this paper is to explore how low-technology corporate ventures use knowledge from multiple and often trans-sectoral fields to intensively create and deploy innovative production technologies in order to sustain significant competitive advantages.Design/methodology/approachThe paper primarily draws evidence from an exploratory case study of a low-tech private enterprise operating in the wood processing industry in Greece.FindingsLow-technology firms appear to invest mainly in process innovation and therefore production technologies, in order to secure a position within mature markets. Within the notion of knowledge-intensive entrepreneurship (KIE), a creative bricolage of knowledge based on research work and industrial practice results in innovative products and processes covering technologies from a wide range, including high-tech industries. The case indicates that low-tech companies may be something more than just “borrowers” of technology.Research limitations/implicationsThe limitations regard the single case study research design and the focus on the wood industry in Greece. Future research may pursue more case studies in different traditional sectors and national contexts.Practical implicationsEntrepreneurs and managers of low-technology firms should focus on technological innovation and more specifically on co-creation of novel production technologies in order to sustain strong competitive advantages and enhance performances.Originality/valueThe analysis challenges the established opinion of common entrepreneurial processes in low-tech sectors. It adds to the ongoing discussion of low-tech, KIE and it contributes to the literature of industrial dynamics since there are only a handful of studies that probe the role of production technologies within a low-tech but knowledge-intensive context.

Detection of Training Needs of Workers in the Fur Industry: The case of Macedonia Greece

The paper investigates the training needs of workers in the fur industry and suggests the design of a respective training program. Based on the views of the workers themselves, the paper detects the theoretical knowledge and the practical skills necessary for their employment in this field as well as it identifies training gaps. In order to gain access to a big sample, the region of Macedonia, Greece was chosen as the place at which the field research took place, as it presents the highest numbers in fur production in the country. Qualitative field research, through semi-structured interviews, has been conducted. The main findings of the survey showed that there is no training support for the fur industry in Greece, both at the level of initial education and at the level of continuous training of the employees in it. The workers’ participation in a specialized training program will contribute to the upgrading of the industry, according to the workers’ views.

Surgery and anesthesia of ostrich

Breeding of ostriches has rapidly developed into an industry in Greece. With the increase in the number of these birds, there is a growing demand for veterinary services, related to their health care. The responsible veterinarian should be aware of the peculiarities of these animal species, in order to prevent and resolve the emerging problems. The present presentation discusses the most frequently occurring surgical problems in ostrich, such as injuries, fractures, dislocations, limb deformities, stomach impaction, intussusception, foreign bodies, prolapse of the cloaca, prolapse of the penis, administration of treatment and the induction of anesthesia.

Writing text for museums of technology the case of the Industrial Gas Museum in Athens

ABSTRACTStriking the right balance between scientific precision and audience comprehension is a great challenge for text editors in museums of technology. This article discusses how this challenge was met at the Industrial Gas Museum in Athens, Greece, and aspires to offer some useful suggestions of good practice. The Athens gasworks, the first energy-producing industry in Greece, operated non-stop from 1862 to 1984, and constitutes a representative example of nineteenth-century industrial architecture. Today the site operates as a large and popular venue for cultural and commercial events under the name of Technopolis, City of Athens. Part of the site operates as the Industrial Gas Museum, where visitors may follow the process of gas production and discover unknown stories of entrepreneurship, labor and life in nineteenth and twentieth-century Athens.

Higher Education Aviation Programs in Greece: A Missed Opportunity or a Challenge to Meet?

The air transport industry in Greece has been experiencing a significant growth. However, higher education has missed so far this export opportunity. Public universities and technological educational institutes have very limited undergraduate offerings in the fields of aeronautical engineering and aircraft maintenance technology, respectively. These programs are offered only in the local language, practically restricting them to the indigenous market. Postgraduate offerings are currently inexistent. This study proposes a generic model for undergraduate and postgraduate aviation programs. This model, aligning with the world’s best practice in aviation education, would have to be adjusted to meet the Greek aviation industry. A preliminary investigation to identify the characteristics of the model was conducted in the Greek aviation industry, through a survey supported with in-depth interviews. The research findings suggest that it is necessary to invest in the strengths of the Greek aviation industry (aviation services and aircraft maintenance) and the strategic advantages of the country (climate favorable for flight training and touristic attractiveness). The need for a postgraduate aviation program is highlighted, in contrast to the introduction of an undergraduate program, which came up as less desirable. Moreover, the need for export-driven target-oriented synergies between industry and academia has been a key observation.