Greece

Faller Packaging has agreed to buy Paperpack, a Greek provider of pharmaceutical packaging, expanding its presence in South-Eastern Europe. Financial terms are undisclosed and the deal is subject to regulatory approvals.

Dunapack Packaging Hellas, part of Austria's Prinzhorn Group, has agreed to take over El Pack's corrugated packaging operations at sites in Patras, Kapandriti and Thiva, Greece. The transaction is subject to merger clearance with closing expected in the second half of 2026.

S.O. Holding S.A. completed the acquisition of ADAM PACK S.A., a Greek producer of gable-top cartons and plastic caps for liquid food packaging. Consilium Capital advised the buyer; the deal value was not disclosed.

Crown Hellas Can plans to expand capacity at its Corinth aluminium can plant with an investment of about €136.2 million, adding two industrial buildings and upgraded equipment and creating 50 jobs. The project has applied for strategic investment status and is in consultation until 3 August.

DS Smith Hellas has completed a €17.6 million upgrade of its Korinthos corrugated packaging factory in Greece, including a new Fosber corrugator and printing equipment. The upgrade raises the plant's production capacity by 30%.

TERNA S.A., the construction branch of GEKTERNA Group, awarded ANDRITZ a contract to supply electromechanical equipment for the 680 MW Amfilochia Pumped Storage Complex in Central Greece. ANDRITZ's scope includes six reversible pump-turbine generator units and associated equipment.

Cenergy Holdings' Corinth Pipeworks won a contract worth more than EUR 27 million from DESFA to manufacture and supply about 56 km of 30-inch hydrogen-certified LSAW steel pipes for the Greek section of the Greece-North Macedonia gas interconnector (IGNM).

Berlin Packaging announced on July 4, 2023 the acquisition of Athens-based Coropoulis Packaging S.A., a supplier of closures, corks and glass containers, with all employees and locations retained.

Toscotec was contracted by UNIPAKHELLAS, a member of INDEVCO Group, to supply a complete containerboard paper production line for the UHC mill in Pelasgia, Fthiotida, Greece.

Megaplast plans further investments of EUR 40 million by 2026, including EUR 9 million for the Thebes plant and EUR 5.5 million for its Heraklion, Crete facilities, funded partly by the Recovery Fund.

Megaplast inaugurated a new flexible packaging production plant in Thebes on 18 November 2022. The 72,000 m2 site has 9,100 m2 of covered space and is expected to employ 70 people, with five production lines planned at full build-out.

Baker Hughes was awarded a contract by TERNA, the construction arm of GEK TERNA Group, to supply three NovaLT12 hydrogen-ready gas turbines and three PCL compressors for a new compression station on the Greek gas transmission system. The station is expected to enter operation in 2024.

TERNA awarded Baker Hughes a contract to supply three NovaLT12 hydrogen-ready gas turbines and three PCL compressors for a new compression station on the Greek natural gas transmission system, expected to operate in 2024.

Continental Bottling Industry (Vikos) is building a €22 million production and bottling plant in Kalpaki, Ioannina, with glass and can lines from Krones, expected to be operational by September 2022.

Palaplast is entering PVC pipe production by acquiring facilities and mechanical equipment from a large company in the sector in Thebes. The investment aims to expand its product range and increase production capacity by up to 50%.

Berlin Packaging announced the acquisition of Elias Valavanis S.A., a glass packaging supplier based in Larissa, Greece with operations in Bulgaria and Romania. Terms were not disclosed and all employees and locations will be retained.

A. Hatzopoulos S.A. is installing a new triplex-in-line BOBST CL 850 TD laminator, expected to be fully operational in April 2021. The line is expected to increase annual capacity in high-performance laminates by 90 million sqm.

A. Hatzopoulos S.A. announced a €20 million plan of strategic investments in new facilities, machinery and equipment, to be implemented by the end of 2022. The plan includes a new warehouse at its Stadiou plant.

Paperpack's main shareholder and his family agreed to sell their shares, with fifteen other shareholders, to Orlando-Equity Holding Limited at EUR 6.66 per share. The buyer will reach 90.02% and then make a mandatory tender offer, with completion expected by end of December 2020.

Megaplast launched a new flexible packaging plant of 9,100 square meters in Thiva, Central Greece, part of a 23-million-euro investment program over three years. The plant is expected to employ 70 workers.

UNIPAKHELLAS SA, a member of the INDEVCO Group, completed the acquisition of Greek paper and packaging manufacturer PAKO SA on 5 September 2018. The price was undisclosed, and PAKO will be integrated into INDEVCO Paper Containers.

Athanasios Hatzopoulos Packaging Materials Industry SA signed an EIB-backed project to expand its flexible packaging materials production in Greece, replacing old equipment and buying new production lines. The total project cost is EUR 29 million, with EUR 12 million of EIB finance.

Adam Pack S.A., a Greek maker of gable-top cartons and plastic spouts in Lavrio, became part of the S.O. Holding group in October 2025. A major investment plan is aimed at more than doubling production capacity.

A Dutch-headquartered international group invested €28 million to build the Nova Packaging corrugated carton plant in the Sindos industrial area, which began production in January 2017. The plant has annual capacity of about 85,000 tonnes and employed 65 people.