SUMMARY OF XENIA  FESTOS

FORMATION OF XENIA FESTOS – PURPOSE FORMATION

The company «XENIA FESTOS» (former Community Enterprise Kamilari established by decision 3/1986 Community Council Kamilari (FEK 358/28-05-1986) having into account the provisions of paragraph 3 of the article 246 of the President of Democracy 76/85
(Municipal and Community Code) and 25027 / 04.09.1984 decision of the Ministry of Interior posted on FEK 244/19-04-1984 (τ.Β).

The purpose of business is the exploitation of the tourism booth
XENIA  FESTOS the use of which was granted EOT Community Kamilari for 20 years .The exploitation of the tourism kiosk XENIA  FESTOS includes management cafeteria near the archaeological site of Festos and store marketing handicrafts , souvenir and traditional local products.

The duration of the operation was set for 20 years from the publication of the Recommendation in the Official Newspaper. In 2006 they performed all actions necessary for the extension of its operations. According to the decision of Crete under no. 4191/9-03-2006 published in FEK 321/16-3-2006 it extended the operation of the business for extra 20 years.

Then, according to ” New Architecture of Government and Decentralized Administration – Kallikrates Programme”, at May 21 2010 was conversion of the municipal business in Xenia Phaistos Municipality of Tympaki – Anonymous company TAB Article 266 of the N.3463 / 2006 under the brand name XENIA SA FESTOS OTA .
Where the company goals were expanded as described in detail in the Statute No. 21.425 .As well as its duration, set at one hundred ( 100 ) years from the registration in the Companies Register held in the Government Gazette 3480 / 05.21.2010 .

INFORMATION SHAREHOLDERS LOCAL GOVERNMENT BODIES

1. MUNICIPALITY FESTOS

After conversion of XENIA – FESTOS an SA Local Government,the Municipality of Timbaki and then FESTOS participated in the highest proportion in the body.

2. CULTURAL CLUB KAMILARI

On establishing the joint stock company have a share CULTURAL CLUB KAMILARI founded in November 1980 .

3. CULTURAL CLUB AGIOS IOANNIS

On establishing the joint stock company a share of the Cultural Association of Saint John which was established in April 1992 .

BOARD OF DIRECTORS
Composition and mandate of the Board

The company is managed by a Board consisting of five ( 5) members , including 1 member appointed by the Cultural Association of Saint John and one member designated by the Cultural Association of Kamilari . The remaining three members designated by the Phaistos Municipality , of which one member is the Chairman of the Local Council of the municipal district of Kamilari , always in accordance with the provisions of paragraph 2 of Article 266 of Law . 3463/06

This Board will administer the company for five years the composition of the Board is as follows:

Store Manager : Spyridakis John

PERSONNEL

The company is open throughout the year. In business working an employee on a permanent employment contract, the duration of the tourist season seasonal employees employed under fixed-term contract for the convenience of visitors. All the years of operation the company has shown that it is a sustainable profitable company operating in sensitive archaeological site of Phaistos which helps greatly to the convenience of guests with important gains, both in the municipality economy with net profits have been and are charitable projects but still helps socially because employs a significant number of workers.