The Theoni company is making another investment for the creation of a new production line and a new storage and logistics service center, in order to meet the growing demand for bottled water, both from the domestic and the international market.
Read also: These are the 8 + 2 investments in the bottled water sector
The new line, as OT wrote, will increase the production volume by 60% of bottles / day in packages of 500ml and 1500ml and is expected to be completed by mid-2022, to meet the huge summer demand in Greece, but also in international markets, as the company recently signed a major trade agreement in the USA. The new logistics center in the area of Ellinopyrgos Mouzaki will operate taking advantage of the latest technology in product management and will be energy green taking advantage of renewable energy sources in its facilities.
The president and CEO Dimitris Tselios, said about the investment: “We are proud of the new big step, always in relation to the people who trust us as partners but also to the final consumers. The new production lines save an increase in market share where, in combination with the innovation that characterizes the company, we are the first natural mineral water in 100% recyclable paper packaging, it marks a leap in the future and I dare say a doubling of the company “.
According to the company, the new investment will create many new jobs and thus significantly strengthen the economy in the local community.
“In a difficult time due to the global crisis that Greece is trying to attract investment, Theoni responds and contributes in practice to development and even in an area that is in great need, especially for young people seeking an opportunity to stay in their home area,” is the strong message.
Latest News
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards
Syria’s Bashar al-Assad, His family Granted Asylum by Russia
Reuters also reported that a deal has been struck to ensure the safety of Russian military bases in the war-ravaged country
Greece to Introduce Artificial Intelligence into Its Education System
Currently, Greece is taking its first steps to bring AI into classrooms through the AI4edu program, which is being co-funded by the European Union