Leading Women in Business: Women manage 20% of all companies in Greece and 9%of the most profitable ones

On December 21, 2012 ICAP Group launched the 1st Edition dedicated to Women who manage companies in Greece by the positions of Managing Director, General Manager and Administrator. The Edition – distributed with TA NEA newspaper – includes a special study for the 500 largest companies (in terms of turnover) managed by women as well as the results of a research with interesting findings. This Leading Edition is endorsed by Mrs. Olga Kefalogianni – Minister of Tourism, Mrs. Rodi Kratsa – European Deputy and Vice President of the European Parliament (2007 – 2012) and Mrs. Maria Damanaki – European Commissioner for Maritime Affairs and Fisheries.

A special notice should be made about the findings of the Study which revealed that 1 in 5 companies are managed by Women with this percentage getting higher in enterprises with a turnover of less than EUR 2 million (20.5 %) and less than 10 employees (20.2%). On the other hand, these companies have better profitability results (cumulative EBITDA 2011 7,1% versus -17.3% of all companies). Also, 9% of the companies included in the «500 Business Leaders in Greece» (most profitable companies in terms of EBITDA, 10/2012) are also managed by women. Additionally, primary research showed that the average woman entrepreneur / senior executive has a high level of education (Bachelor and Masters Degree), is between 40 and 49 years old, has a family and her career is “very” or “extremely” high in her priorities (for 96.4% of the sample).

Click here for the Edition e-book (copies, available only in Greek, can be obtained by calling our Customer Care Department, at +30 210 720 0050)