Duty Free Shops plan expansion with new openings in airports, smaller port and border stations, CEO Maria Ioannidou said. Duty Free Shops are expected to register one of the best yearly earnings performance, CEO told FnB Daily. 

Under the contract terms with Fraport, the company’s investment plan also includes refurbishments of the existing outlets every five years. The renewal of the Athens International Airpor contract involves a redecoration of the airport shops in the range of 1.5-2 million euros.  

Duty Free Shops will also redecorate the Rhodes shop next year, which has been in operation for five years.