Establishing A Subsidiary In Greece
...United States of America. The Company has established a customer base in the United States and is now seeking global expansion opportunities. The following report delineates information for consideration in relation to expansion by establishing a subsidiary in Athens, Greece.
GENERAL BACKGROUND
Geographic Location and Features
Formally known as the Hellenic Republic, Greece is situated in Southeastern Europe. The country is slightly smaller than Alabama covering approximately 132,000 square kilometers. Greece is one of the most mountainous countries in Europe. It consists of a mountainous mainland at the southern end of the Balkans, the Peloponnesus peninsula which is separated from the mainland by the canal of the Isthmus of Corinth, and approximately 2,000 islands, including Crete, Euboea, Lesbos, Chios, the Dodecanese, the Cycladic groups of the Aegean Sea, and the Ionian Sea islands. Greece has the tenth longest coastline in the world.
Mount Olympus forms the highest point in Greece at 2,919 meters above sea level. Western Greece contains a number of lakes and wetlands and it is dominated by the Pindus mountain range which is a prolongation of the Dinaric Alps. The range continues through the western Peloponnese, crosses the islands of Kythera and Antikythera and makes its way into southwestern Aegean, in the island of Crete where it ends. Pindus is characterized by its high, steep peaks which are dissected by canyons and a variety of other landscapes including the impressive Meteora formation consisting of high, steep boulders.
Greece’s climate is mostly mediterranean, but because of its unique geographical location and landscape, Greece has a large range of smaller areas of climates and variations. To the west of the Pindus mountain range, the climate is generally wetter, and to the east, the climate is generally drier and windier...
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