These moves form part of the Group’s broader strategic objective to avoid exclusive dependence on the construction sector, as emphasized by Mr. Alexandros Exarchou, Chairman and CEO of the Group, during the FORTUNE GREECE CEO Initiative 2025.
Among other points, Mr. Exarchou highlighted the significance of AKTOR Group’s participation in the emerging LNG sector, noting that existing agreements are already substantial and are expected to expand further. The Group anticipates that increasing LNG imports, combined with the entry of new countries into the energy corridor, such as Bulgaria and Hungary, will further bolster the project’s development. Mr. Exarchou also stressed the critical importance of the vertical energy corridor for Greece and businesses, noting that the already signed binding agreements provide stability and security despite any geopolitical developments.
"AKTOR Group’s involvement in LNG will be decisive for the company’s future trajectory," said the Group’s CEO, adding that this strategic investment will not affect the Group’s ongoing plans for expansion in Renewable Energy Sources (RES).
Participation in Concession Projects in Romania
Regarding concession projects in Romania, Mr. Exarchou emphasized the Group’s focus on these initiatives, which offer significant development opportunities. According to him, the concession model combines profitability with timely project completion, making it the most efficient solution. Specifically, the need to modernize infrastructure in Romania and the reconstruction efforts in Ukraine are expected to create new infrastructure project opportunities in the region. AKTOR Group plans to leverage these opportunities to secure and develop strategic projects.
Mr. Exarchou also referred to the Group’s investment in Credia Bank, where AKTOR operates through Thrivest Holdings. He highlighted Credia Bank as an example of value creation and a strategic move with strong growth potential. The forthcoming acquisition of HSBC Malta by Credia Bank is seen as an investment of comparable significance to AKTOR Group’s LNG investment. Mr. Exarchou noted that the acquisition price relative to HSBC Malta’s capitalization demonstrates the strategic soundness of the deal, as Credia Bank is expected to double its size without additional capital injection.
Furthermore, Mr. Exarchou stressed that the Greek State, through the Hellenic Financial Stability Fund (HFSF), has already secured returns exceeding its total investment in the former Bank of Attica, underscoring that the state will not only recover its capital but will also generate profits for the first time in recent history.
At the same time, Mr. Exarchou expressed concerns about the European economy, noting that delays by the European Union in making timely and decisive decisions may cause it to fall behind international competitors. He warned that this could negatively impact Greece’s economic position, even though the country is currently on an upward trajectory.
