Coffee Island maintains operations amid founder's legal issues

Coffee Island has issued a statement confirming that its business operations and development plans continue without interruption following recent judicial developments involving its founder, Vangelis Liolios.

The company clarified that the legal case, which involves allegations of basketball match manipulation, pertains to activities in the sports sector and is entirely unrelated to the coffee chain's business operations. Coffee Island emphasized that it is an independent and organized business entity with a distinct management structure and an international network of partners and stakeholders.

Management noted that daily operations and strategic growth remain under the direction of company executives, specifically highlighting the central roles of Konstantinos and Panos Konstantinopoulos in the company's leadership.