According to Mr. Giorgos Papadas, a major shareholder and son of the company’s founder Dimitris Papadas, Polyplast has pursued targeted expansions of its Avlona facilities as part of its multi-year investment plan. In 2024, the company installed a new production line, increasing the factory’s capacity while ensuring full compliance with contemporary quality and environmental standards.
Recent and Planned Investments
In recent years, Polyplast has carried out a series of strategic investments aimed at enhancing its competitiveness and laying the foundation for sustainable growth. In November 2024, the company acquired a 25,000 sq.m. plot within the Avlona Industrial Park, supporting its ongoing expansion and development strategy. This followed the acquisition of 5.5 acres in 2023 and an additional 5.5 acres in autumn 2024, bringing the total facility area to 25,000 sq.m.
Simultaneously, the new production line installed in 2024 has further increased production capacity and ensured compliance with stringent quality and environmental standards. These initiatives form part of a broader multi-year plan focused on continuous technological upgrades and improved market responsiveness.
Export Activity and Target Markets
Polyplast maintains export operations in over 13 countries, spanning the Balkans, Central Europe, and the Middle East. Exports account for approximately 15% of total turnover, reflecting the company’s stable international presence.
The company aims to expand its export footprint by investing in innovation, quality, and flexible production, while building partnerships and commercial networks in new markets. Its strategy emphasizes sustainable international growth, based on reliability and the technological excellence of its products.
Sustainability and the Green Transition
Sustainable development and energy autonomy are central to Polyplast’s strategy. The company has invested significantly in renewable energy, installing state-of-the-art photovoltaic systems that meet a substantial portion of the production facilities’ energy needs. These measures have substantially reduced CO₂ emissions and generated significant cost savings, strengthening competitiveness.
In addition, innovative energy storage solutions allow the company to store and utilize generated energy efficiently, achieving both energy independence and operational resilience.
Polyplast also prioritizes workforce development, promoting best practices in energy management and fostering an environmental culture across all levels of operations.
