Philenews

Sklavenitis Reports Strong Growth and Announces Major Investment Plans

Published February 26, 2026, 12:13
Sklavenitis Reports Strong Growth and Announces Major Investment Plans

Sklavenitis Group experienced faster growth than the market in 2025, with a turnover approaching €6 billion, further strengthening its position in organized retail. Sales increased by approximately 8%, while the overall supermarket market grew by 6.1%, resulting in Sklavenitis' market share approaching 37%. This growth is mainly due to increased volumes and not price increases. The Sklavenitis is implementing an extensive investment program for the 2026-2027 period, with a budget exceeding €350 million, focusing on logistics infrastructure, production capacity, and new commercial formats. A significant project is the creation of a new ready-meal production unit in Magoula, Attica, with a capacity of 250,000 portions daily. At the same time, the development of a new cold chain distribution center in Aspropyrgos, with an area of 45,000 sq.m., is progressing. As part of its expansion strategy, the group is restarting “Spitiki Kouzina” (Home Kitchen), with a pilot store opening in Athens at the end of March. The concept is still being developed, with an initial intention of a limited number of stores for evaluation. In addition, Sklavenitis is utilizing the former Pitsos factory in Renti, constructing a multi-functional complex with a supermarket, dining and event spaces. The project is expected to be completed in 2027 and is part of a strategy to create new shopping and consumption destinations.