Feb 11 โ€ข 20:47 UTC ๐Ÿ‡ฌ๐Ÿ‡ท Greece Naftemporiki

Papastratos: New investments and export target exceeding 600 million euros

Papastratos marks another successful year in 2025 with increased turnover and strong export growth, targeting over 600 million euros in exports and enhancing its production capabilities at its Aspropyrgos factory.

In 2025, the Greek company Papastratos celebrates a successful year as its turnover has increased significantly, bolstered by a growing export activity. The Chief Executive Officer, George Margonis, announced at a festive event marking the companyโ€™s 95th anniversary that 90% of its products manufactured in Greece are directed to more than 30 international markets. Notably, heated tobacco sticks have become Greece's number one export product in the Japanese market, showcasing the brand's robust positioning overseas.

The company is also focused on further strengthening its production presence, particularly with ongoing developments at its Aspropyrgos factory. In line with its expansion plans, Papastratos has initiated the fourth phase of its investment project, which is valued at 200 million euros. This project aims to enhance the facility's production capabilities and overall operational efficiency, aligning with the company's strategy to meet growing global demand.

Papastratos intends to achieve ambitious export targets exceeding 600 million euros, reflecting a proactive approach to increasing its footprint in international markets. The emphasis on innovation and investment suggests a commitment to not only maintain but also improve its competitive edge in the tobacco industry, responding to evolving consumer preferences and market trends.

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