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2nd Annual Report of TMEDE

2nd Annual Report of TMEDE

K. Makedos: " We build the future based on reliability and openness"

K. Makedos: "Building the future with credibility and extroversion"

"Building the future with credibility and extroversion", the Chairman of TMEDE, Mr. Konstantinos Makedos said, during the presentation of the Second Annual Report of the Fund, held at its Conference Hall, in the presence of the Deputy Minister of Labour, Social Security and Social Solidarity, Mr Tasos Petropoulos, the representative of New Democracy, the Shadow Deputy Minister of Labour, Social Security and Social Solidarity ND, Mr. Notis Mitarakis, the Secretary General of the European Association of Guarantee Institutions (AECM), Mrs Katrin Sturm, and representatives of the Engineering and Banking Industries. In a greeting video recording, the President of AECM, Mr. Bernhard Sagmeister, congratulated TMEDE for the high quality of digital services it provides, announcing that “2019 will be the digitization year for AECM”. 

President of TMEDE, Mr. Konstantinos Makedos

More specifically, according to Mr. Makedos, "TMEDE during the previous year, continued enhancing its guarantee services, recording a 4.4% capital increase compared to 2017, and issuing digitally its letters of guarantee, at a rate exceeding 65%”.

The performance guarantees increased by 15.9% compared to 2017. According to the President of the Fund, TMEDE, in compliance with its statutory provisions and applying the International Financial Reporting Standards, has obtained a profit, based on the audit report by certified public accountants, issued with no reservation. 

In 2018, after its successful evaluation, the Fund became a full member of the European Association of Guarantee Institutions (AECM). According to Mr. Makedos, "the prospects for the borrowers are great."

As regards the Fund’s assets, the President of TMEDE highlighted, that last year two new ministerial decisions were issued, transferring substantial assets to the Fund, while in 2019, the State will proceed with full transfer of the Fund’s assets, in accordance with its approved economic viability study. 

"We have assumed the responsibility not only to protect these assets as "the apple of our eye", but also to capitalise them, in order to constitute the basis of prosperity and progress for our Industry and the country," Mr. Makedos said.

As he pointed out, "the extension of Fund’s participation in ATTICA BANK, as one of its core shareholders, places TMEDE in a new status of high regulatory requirements and commitments, in order to respond to its supervisory and distinctive role as shareholder towards its investment. The fulfilment of these commitments, as clearly arises from the recent positive decision of the European Central Bank, after a recommendation of the Bank of Greece and SSM, significantly upgrades the rules of corporate governance of the Fund. Our goal is to effectively defend a strategically long-term investment of our industry and rigorously support and promote - within the framework of our institutional role as a shareholder - the reorganization of the Bank, to generate profits and fulfil its development role, supporting small and medium-sized enterprises, “the backbone of the Greek economy ".

In addition, in 2018 TMEDE’s activities “for management of co-funded projects” were certified, while a pilot application was introduced for the development of personalised digital services and information to its members, covering all their needs, such as issuance, return of letters of guara

Monday, February 25, 2019/Author: TMEDE/Number of views (123)/Comments (-)/ Article rating: No rating
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Engineers and Public Works Contractors Fund (EPWCF) becomes a full member of the 'European Association of Guarantee Institutions' (AECM) Pan-European Guarantee Fund

Engineers and Public Works Contractors Fund (EPWCF) becomes a full member of the 'European Association of Guarantee Institutions' (AECM) Pan-European Guarantee Fund

President Konstantinos Makedos: “Shielding our credibility. Multiplying the development potential of the technical and scientific sector in Greece."

The Engineers and Public Works Contractors Fund (EPWCF) is now a full member of the European Association of Guarantee Institutions (AECM)  after its successful evaluation and the signing of the cooperation protocol between the President of the EPWCF, Konstantinos Makedos and AECM Secretary General, Katrin Sturm, at the Agency's offices in Brussels.

EPWCF had submitted its candidacy to AECM on 14 May 2018 with its main objective the stimulation of small and medium-sized entrepreneurship. Following the positive recommendation of the Board of Directors, the members of the Organization unanimously accepted the membership of the Engineers and Public Works Contractors Fund (EPWCF) in its ranks, as it was confirmed that EPWCF fulfills all the necessary conditions for joining.

Wednesday, November 28, 2018/Author: TMEDE/Number of views (248)/Comments (-)/ Article rating: 3.0
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Speech by the President of EPWCF, Mr. Konstantinos Makedos, in the 1st Annual Report of the Fund: "Foundation - Digital Transformation - Perspectives"

On behalf of the EPWCF Administration, let me thank you warmly for your honorable presence and wish you, through my heart, any personal, family and professional success.

Mostly and above all, I wish Health to everyone.

Always the events taking place on the occasion of the new year are the same as the momentum of every beginning and the expectation that the knowledge and experience of yesterday will be exploited to overcome the mistakes and weaknesses of the past. The opportunity to try our efforts again with more positive results. 

Tuesday, February 6, 2018/Author: TMEDE/Number of views (567)/Comments (-)/ Article rating: 2.0
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Until January 31, 2018 the payment of 2016 contributions to the insured persons of the ΕΤΑΑ-ΤSΜΕDΕ

Until January 31, 2018 the payment of 2016 contributions to the insured persons of the ΕΤΑΑ-ΤSΜΕDΕ

The Board of Directors of EFKA decided to extend the contribution time of 2016 for the members of the ETAA-TMEDE and the contributions for the second half of the year 2016 for the insured persons of the ETAA-TMEDE, the ETAA-TSAY and the OGA, to 31-1-2018.

Thursday, October 26, 2017/Author: TMEDE/Number of views (885)/Comments (-)/ Article rating: No rating
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Speech by President EPWCF, Mr. Konstantinou Makedou at the TCG of Western Greece

Speech by President EPWCF, Mr. Konstantinou Makedou at the TCG of Western Greece

An informative event regarding the new Insurance Law 4387/2016 and the operation of the new TDME will be held at the Technical Chamber of Western Greece. The President of EPWCF is also expected to report on the upgrading of the Fund's credit facilities. Already at EPWCF, an e-Protocol e-mail application is being submitted and processed through the digital platform www.tmede.gr and the digital services are extended to all fields supported by EPWCF, as more than the Participation Letters of Guarantee are provided electronically, using digital signatures and the Letters of Guarantee for Good Execution, Advancement and Reservation.

Tuesday, October 10, 2017/Author: TMEDE/Number of views (782)/Comments (-)/ Article rating: No rating
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EPWCF: Provider of Integrated Digitized Services

EPWCF: Provider of Integrated Digitized Services

From now on, e-Protocol e-Procurement Application and Processing Service is running through the digital platform of EPWCF

After implementing the pioneering digital e-mail guarantee service, EPWCF continues to upgrade its credit services, providing its members with increased security, transparency and time savings. Within less than 9 months of its creation, the design for the transition of the Fund to the digital age is successful.

Monday, October 2, 2017/Author: TMEDE/Number of views (4210)/Comments (-)/ Article rating: 2.4
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The digital age enters EPWCF

The digital age enters EPWCF

Electronic Letter of Participation Letters

Increased security, transparency and service now provide EPWCF to its members, just six months from its inception, with a significant upgrading of its lending services.

In particular, the provision of an innovative electronic letter-giving service to its members has announced that it has the Engineers and Public Works Constructors Fund (EPWCF).

Monday, July 17, 2017/Author: TMEDE/Number of views (5801)/Comments (-)/ Article rating: 3.8
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Event in Chania by EPWCF and TCG Department of Western Crete

Event in Chania by EPWCF and TCG Department of Western Crete

New burdens on engineers

The new agreement, according to what has been pointed out, is a new charge for the insurance contributions and retirement payments for the engineers' pensions, at an event of the Technical Department of Western Crete and the BIPP of N. Chania on the topic "New Insurance - Tax - Developments in the Legislation".

Monday, May 15, 2017/Author: TMEDE/Number of views (987)/Comments (-)/ Article rating: No rating
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Message of President EPWCF

Message of President EPWCF

Dear Members, 

Our industry has experienced the crisis first and in the toughest way, but at the same time it is the one who understands the value and the decisive power it has to stimulate the real economy. It is the critical multiplier of the Greek economy.

2017 undoubtedly has a dual character, as hopes and dangers coexist, creating a fluid environment that does not allow complacency, but which leaves open at the same time the outcome of our industry's efforts to survive and become a lever of growth and creation.

Wednesday, December 21, 2016/Author: Konstantinos Makedos/Number of views (1072)/Comments (-)/ Article rating: 4.0
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EPWCF, Address: P. P. Germanou 3-5, Plateia Klafthmonos, 105 61, Athens, tel: 210 3740131 και 210 3740137