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Sklavenitis Group, Greece’s largest supermarket chain, is set to surpass the €6 billion mark in annual sales for the first time, according to well-informed sources, posting growth of more than 11% from 2024.

The company’s consolidated turnover stood at 5.56 billion euros in 2024, while the results due to be released today are expected to confirm another strong increase, underscoring the group’s continued momentum in the Greek retail market.

Management is expected to press ahead with its expansion strategy, which extends beyond enlarging the supermarket network to include new business activities and formats.

One of the projects attracting growing attention is the development of a ready-meals business and the potential use of franchising under the “Food to Go” concept. The initiative is aimed at capturing a larger share of Greece’s fast-growing prepared-food market, responding to consumers’ demand for speed, convenience and products that can be eaten immediately.

The planned range includes ready-made meals, salads, sandwiches, ice creams and individual desserts, with the company seeking to combine quality with affordable prices.

Another major project is the redevelopment of the former Pitsos factory into a large-scale mixed-use destination combining food, entertainment and culture for the whole family. The complex will cover approximately 50,000 square metres and is intended to become a landmark destination for gastronomy, leisure and cultural activities.

Meanwhile, plans for expansion into another European market, beyond Cyprus, appear to have been pushed further into the future, according to the same sources.