Papastratos has elevated its projections for production and export performance with the initiation of the fourth phase of its investment plan, which totals 200 million euros. This new phase is part of a broader investment strategy that has cumulatively reached 700 million euros since 2017. The expansion includes the addition of four new heated tobacco rod production lines, a new tobacco processing line, and a new warehouse, significantly increasing the factory's production capacity from 12 to 16 production lines.

As well as boosting production capabilities, the management of Papastratos has set ambitious goals for the coming years. They aim for the value of exports to surpass 600 million euros, leveraging the increased capacity and enhanced factory infrastructure. This investment comes at a pivotal time as the company celebrates its 95th anniversary this year, marking a legacy of growth and commitment to international markets. The management underscored their dedication to substantial progress in investments and international expansion, positioning Papastratos for a competitive future in the tobacco industry.

The strategic expansion and elevated production capabilities may also reflect a response to the evolving global tobacco market, where competition is increasing and consumer preferences are shifting. By enhancing their operational capacity and export potential, Papastratos is not only reinforcing its market position but also contributing to Greece's economic landscape through job creation and increased financial performance in the sector.