MEVGAL has submitted a request for a 160 million euro investment to be classified under 'Investments of Exceptional Significance.'
MEVGAL has announced a request for a significant investment of 160 million euros aimed at establishing a new production facility that will be larger than their existing unit in KuslararasΔ±, Thessaloniki. The management confirmed the submission of this application and stated that more detailed information will be provided once the request is approved. This new facility is intended to focus on the production of yogurt products, kefir, ayran, as well as fresh milk and high pasteurized milk, while their current unit will continue to operate in cheese production.
The ambitious project represents MEVGAL's commitment to expanding its production capabilities in response to market demand. By planning a 48,000 square meter production facility, the company aims to position itself strategically in the dairy sector, particularly in yogurt and milk products. The existing plant will not be closed but will remain operational, suggesting a multifaceted approach to dairy production that could enhance MEVGAL's product offerings and market competitiveness.
Looking ahead, MEVGAL plans for the new facility to be fully operational by early 2028, following a recent investment of 12.4 million euros that was completed in the autumn of 2025 at their existing cheese operation. This expansion aims to not only increase production capacity but also to solidify MEVGAL's standing in the dairy industry amidst growing consumer demands and competitive pressures.
