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Next Previous Demetra Holdings: The effects of the crisis may affect us HOME • INSIDER • BUSINESS • Demetra Holdings: The effects of the crisis may affect us …
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The Group's activities have not been affected by the crisis in Ukraine, said Demetra Holdings Plc, which notes that it does not have any activities in Russia and Ukraine, nor direct exposure to investments related to the two However, the effects of the crisis on the Cypriot and world economies, in particular the financial markets, the banking sector, the tourism industry and the land and real estate development sectors, in which it is directly active. or indirectly the Group, may affect the results of the Group “, the company further states.
At present it is not reasonable to predict the extent of these effects, which will depend on the duration and intensity of the crisis and its impact on the Cypriot and world economy, factors that remain at this stage uncertain, she adds.