- Further expansion of distribution channels in Europe and the Middle East through subsidiaries and distributors,

- The enhancement of the customer service department, and

- Increase of investments in research and development for complete elevator systems.

According to Mr. Kiriakidis, an indication of the course of KLEEMANN , group is its positive economic figures in 2004, as well as its optimistic prospects for 2005.

Regarding the current fiscal year, the company's management is expecting a total of 80,82 million euros in consolidated sales (73,25 million euros in 2004) and 10,14 million euros (9,59 million euros in 2004) in earnings before taxes.

KLEEMANN with the affiliated companies KLEFER, LEISTRITZ Kleemann Asansör, Kleemann Liftovi constitute a powerful group of more than 750 employees and industrial buildings that exceed 64.000 sq. m

KLEEMANN is one of the largest companies of the sector in Europe and internationally, with an installation base of more than 14.000 systems worldwide or 4% of the entire lift market. KLEEMANN, also enjoys the leading place in the continuously developing greek market, as it holds 73% market share in installed units and 47,3% share in value.

International sales of the group (30% in 2001 and 35% in 2004) are held in more than 50 countries, with the main markets being: U.K., Ireland, Germany, Belgium, Yugoslavia, Turkey, Cyprus and USA.