DEI and the Municipality of Thera have signed an agreement of cooperation regarding the funding of infrastructure and energy projects toward the tourist development of the popular Aegean island. In August the island was plagued by a series of black outs, as a result of generator malfunctions.

Mayor of Thera Nikolaos Zorzos commented that the power black outs at the peak of the summer tourist period put a massive strain on local businesses and welcomed the active support and corporate social responsibility of DEI.

DEI’s managing director Arthuros Zervos stressed that despite the prompt resolution to the black outs, based on international practices, the disruption to tourism is undeniable and that the cooperation to avert such disruptions is proof of DEI’s “long tradition of corporate social responsibility”.