Plastika Kotronis Unveils New €33.5 Million Strategic Investment Plan

Plastika Kotronis (a leading plastic packaging manufacturer) is embarking on a major production expansion, having submitted an investment dossier to Enterprise Greece (the official investment and trade promotion agency of the Greek state) titled "Increase of production capacity and expansion of production unit." According to the application, which is currently in the public consultation phase, the company is seeking to include its investment plan under the provisions of Law 4864/2021 regarding strategic investments (a framework offering fast-track licensing and tax incentives for large-scale projects).

The investment project has a total budget of €33.48 million ($36.22 million) and concerns the expansion and modernization of the company's existing production unit. The interventions will take place at its privately-owned facilities in Malamata, within the Efpalio municipal unit of the Municipality of Doridos.

What the investment includes

The project provides for building expansions and the installation of new mechanical equipment. Additionally, it includes the addition of 29 new production lines, as well as the integration of automated and digital systems to support the production process.

Plastika Kotronis is one of the key companies in the food plastic packaging sector. The industry maintains a strong client base that includes several well-known names in the domestic food industry, such as: Olympus, Fantis, Epirus, Ion, Koukaki Farm, Kri Kri, and Karalis.

Strategic investments in the broader sector

This new investment is part of a broader framework of strategic investments related to the food and beverage industry in Greece. Among the projects already announced, a strategic investment exceeding €150 million ($162.29 million) for the construction of a new factory in Koufalia, Thessaloniki, by a major dairy industry stands out. The goal of this specific project is to increase production capacity, facilitate the green transition, and strengthen its presence in the Greek and international yogurt markets.

At the same time, two large logistics projects in Western Attica by the largest supermarket chains in Greece, Sklavenitis and Lidl Hellas (Lidl Greece), have also entered the strategic investment track, with their total value approaching €200 million ($216.38 million).