Greece sees major infrastructure and hospitality investment plans

Enaon EDA has announced a major investment plan for the 2027–2031 period, focusing on the development and connection of natural gas distribution networks in Greece. The plan, submitted for public consultation to RAAEY, allocates €493.9 million specifically for network expansion and connections. When including funds for safety, digitalization, and other investments, the total budget for the four regional plans reaches approximately €684.4 million.

Regional allocations for expansion and connection projects include €126.3 million for Attica, €77.8 million for Thessaly, €78.3 million for Thessaloniki, and €211.6 million for the rest of Greece. The initiative aims to increase natural gas penetration to 45% in Attica, 62% in Thessaly, 58% in Thessaloniki, and 31% in other parts of the country by 2031.

Separately, the Sani/Ikos Group is preparing a significant growth cycle with planned investments of €355.8 million in 2025. This represents a 69.5% increase in capital additions compared to 2024. The group's strategy involves constructing new hotels and upgrading existing properties across Greece, Spain, and Portugal. The group reported a revenue increase to €553.5 million in 2025 and transitioned to a net profit of €9.6 million, recovering from a loss in the previous year.