Spyros Delendas, CEO of Mevaco, is on the verge of a remarkable achievement as the metallurgical company's stock market value nears the 100 million euro mark. This marks a substantial increase from just 8 million euros in 2015 and 16 million euros in 2020, showcasing the company's significant growth over the past few years. The rise in stock value reflects a broader recovery in economic figures, indicative of the company's successful turnaround strategy under Delendas's leadership.

The growth in profitability is striking, with net profits increasing from negative figures in 2018 and 2020 to 3.1 million euros in 2022. Projections for 2024 are even more optimistic, with expectations of reaching 5.0 million euros. Notably, by the first half of 2025, the company has already achieved a profitability of 7.4 million euros. Such performance underlines the effectiveness of Delendas's strategic choices, particularly his decision to leverage opportunities in the photovoltaics sector, a move that has paid off significantly.

This notable financial turnaround not only reflects on Mevaco's internal strategies but also speaks volumes about the growing momentum in Greece's renewable energy sector. As more companies look to capitalize on renewable energy sources, Mevaco, under the guidance of Delendas, positions itself as a key player in the industry, further contributing to the economic recovery narrative in Greece in the years to come and set to inspire other firms facing similar challenges.