Ergon Foods, the Greek food and hospitality company known for promoting local producers and Mediterranean cuisine, is planning a new phase of international expansion in the coming years, with a focus on Europe, Asia and the United States.
The company aims to broaden its global presence by launching new retail, food and beverage concepts in key international markets, while also strengthening its footprint in Greece.
London, Asia and U.S. on the Radar
Among its immediate plans, Ergon Foods is preparing to open its first Ergon House in London, marking a significant step into one of Europe’s most competitive hospitality markets.
At the same time, the company is exploring opportunities in East Asia, using Singapore as a potential regional base. Looking further ahead, Ergon has set its sights on entering the U.S. market by 2027, with plans that include both retail locations and hotels.
Domestically, the company is focusing on expanding its presence in Athens. It is also planning to establish a location in the historic Modiano Market in Thessaloniki, a project expected to be completed within the next two years following a complex licensing process.
A Growing International Network
Today, Ergon Foods operates in seven countries, with a portfolio that includes six hotels, 20 restaurants and five food markets. Its network also supports Greek producers, exporting their products to more than 20 countries.
The company was founded in 2008 with a mission to connect small Greek producers with global markets. Since then, it has evolved into a broader ecosystem centered on Greek gastronomy and lifestyle experiences.
Redefining Greek Gastronomy Abroad
Founder and CEO Thomas Douzis has positioned Ergon as more than just a food and hospitality business. The company aims to present a modern, holistic image of Greek culture abroad, combining cuisine, tourism and lifestyle.
“We are not just building restaurants, markets or hotels,” Douzis has said. “We are creating a lifestyle brand around the Greek way of life internationally. A project we design today may be implemented in another country five years later.”
According to Douzis, Greece offers a unique combination of strengths — rich culinary traditions, a strong tourism sector, cultural heritage and a global reputation for healthy Mediterranean eating.
He also emphasizes that Greece should not be viewed merely as a small domestic market, but as a source of ideas with international potential, especially for young entrepreneurs.
Strong Financial Performance
Ergon Foods’ growth strategy is backed by strong financial results. In 2024, the company reported revenue of €20.09 million, marking a 45.6% increase compared to the previous year.
Earnings before interest, taxes, depreciation and amortization (EBITDA) reached €3.29 million, up 35.5%, while pre-tax profits rose 43.2% to €2.7 million.
In the same year, Ergon House Athens received a Michelin Key distinction, further enhancing the company’s reputation in the tourism and hospitality sector.
source: ot.gr
