Meet The Greeks
A quick reference guide to the companies in the Athens General Index
Here’s a quick guide to the stocks in the Athens General Index. We went through the companies one by one—no deep financial analysis, just a snapshot of what each do and how they make money. For further reference, we’ve uploaded an Excel sheet with key details like recent performance, market cap, employee numbers, dividends, and more.
This is a work in progress—we’ll keep adding to it over time, linking to fresh research and news to keep it relevant.
National Bank of Greece (ETE)
Founded in 1841, the National Bank of Greece is the country's oldest financial institution. Offers a comprehensive range of services, including retail and corporate banking, asset management, and insurance. NBG has played a pivotal role in Greece's economic development and has a significant presence in Southeast Europe and the Eastern Mediterranean. In July 2024, S&P Global Ratings upgraded NBG's long-term rating, reflecting the bank's improved earnings generation and resilience to economic cycles. NBG was the first bank in modern Greece to issue banknotes, a privilege it held until the establishment of the Bank of Greece in 1928
Coca-Cola HBC (EEE)
Coca-Cola HBC is a leading bottler of The Coca-Cola Company's products, operating in 29 countries across Europe, Asia, and Africa. Established in 1951 in Nigeria, the company has grown into a major consumer packaged goods business, offering a diverse range of non-alcoholic beverages.In August 2024, Coca-Cola HBC raised its annual revenue and operating profit forecasts following a strong first-half performance, driven by effective measures against inflation and currency fluctuations. In 2023, Coca-Cola HBC acquired Finlandia vodka, expanding its portfolio into the spirits market.
Piraeus Financial Holdings (TPEIR )
Piraeus Financial Holdings is a leading financial institution in Greece, offering a wide range of banking services, including retail and corporate banking, asset management, and investment services.In March 2024, the Hellenic Financial Stability Fund sold its entire 27% stake in Piraeus Bank, fully privatizing the institution and raising €1.35 billion.Piraeus Bank has a significant presence in the agricultural sector, supporting Greek farmers and agribusinesses with specialized financial products and services.
Alpha Services and Holdings (ALPHA)
Established in 1879, Alpha Bank is one of Greece's largest financial institutions. It provides a wide array of services, including retail and corporate banking, financial advisory, and asset management. The bank has a strong presence in Southeastern Europe, with operations in countries such as Cyprus, Romania, and Albania. In November 2024, UniCredit completed the acquisition of a 90.1% stake in Alpha Bank Romania from Alpha Services and Holdings. The transaction involved a cash payment of approximately €255 million and the transfer of a 9.9% stake in UniCredit Bank Romania to Alpha.
Public Power Corp (PPC)
Public Power Corporation (PPC) is the largest electricity producer and supplier in Greece, engaged in the generation, distribution, and sale of electricity.PPC has been focusing on expanding its renewable energy portfolio, aiming to reduce its carbon footprint and align with Greece's environmental goals. PPC has played a crucial role in the electrification of Greece, contributing significantly to the country's economic and social development.
Eurobank Ergasias (EUROB)
Eurobank Ergasias is a dynamic banking group active in retail, corporate, and private banking, as well as asset management and treasury services. In November 2015, the European Commission approved amended restructuring plans for Eurobank, allowing a new injection of public funds via the Hellenic Financial Stability Fund. Eurobank has a strong presence in Southeastern Europe, with operations in countries such as Bulgaria, Serbia, and Cyprus.
OPAP (OPAP)
OPAP is the leading gaming company in Greece, holding the exclusive rights to operate numerical lotteries and sports betting games. OPAP has been expanding its online gaming offerings, enhancing its digital presence to cater to the growing demand for online entertainment. Founded in 1958, OPAP is one of the oldest gaming companies in Europe and has been a significant contributor to public revenues in Greece.
Titan Cement International (TITC)
Titan Cement is a leading international cement and building materials producer, with operations in Europe, the Americas, Africa, and the Middle East. The company has been focusing on sustainability initiatives, aiming to reduce CO2 emissions and promote circular economy practices in its operations. Established in 1902, Titan Cement has over a century of experience in the cement industry and is known for its commitment to innovation and environmental responsibility.
Metlen Energy & Metals (MYTIL)
Metlen Energy & Metals SA, formerly known as Mytilineos Holdings, is a diversified industrial company focusing on metallurgy, energy, and engineering projects. In August 2024, the company announced plans to list on the London Stock Exchange under the new name "Metlen," aiming to attract international investors. Metlen is one of the leading industrial companies in Greece, with a significant presence in the global aluminum market and a growing portfolio of renewable energy projects.
Hellenic Telecommunications Organization (HTO)
Commonly known as OTE, it is the largest telecommunications provider in Greece, offering a range of services, including fixed-line and mobile telephony, broadband, and pay television. OTE has been investing in the expansion of its fiber-optic network and 5G infrastructure to enhance connectivity and service quality across Greece. OTE is a member of the Deutsche Telekom Group, which holds a significant stake in the company, facilitating access to international expertise and resources.
JUMBO (BELA)
JUMBO is a retail company in Greece, specializing in the sale of toys, baby products, seasonal items, and household goods. The company has been expanding its e-commerce platform to reach a broader customer base and adapt to changing consumer shopping habits. JUMBO operates a network of large-format stores not only in Greece but also in several other countries, including Cyprus, Bulgaria, and Romania.
Motor Oil Hellas Corinth Refineries (MOH)
Motor Oil Hellas is a leading oil refining and trading company in Greece, engaged in the refining of crude oil and the marketing of petroleum products. The company has been investing in upgrading its refining facilities to improve efficiency and comply with environmental regulations. Motor Oil's refinery in Corinth is one of the most advanced in Europe, with a significant production capacity and a strategic location for distribution.
Bank of Cyprus Holdings (BOCHGR)
Founded in 1899, Bank of Cyprus is the leading banking and financial services group in Cyprus. It offers a comprehensive range of services, including retail and corporate banking, wealth management, and insurance. The bank operates a substantial network of branches and has a significant presence in the Cypriot market. In 2023, Bank of Cyprus reported a significant increase in net profit, attributed to effective cost management and a reduction in non-performing loans. Bank of Cyprus was the first Cypriot bank to list on the London Stock Exchange, marking a milestone in its international presence.
GEK TERNA (GEKTERNA)
GEK TERNA is a major infrastructure, energy, and real estate group in Greece, involved in large-scale construction projects, renewable energy, and concession agreements. In early 2024, the company secured a €2.5 billion contract for the construction of Greece’s largest airport project in Crete, boosting its construction backlog. GEK TERNA is a key player in Greece’s transition to green energy, with significant investments in wind and hydroelectric power.
Optima Bank (OPTIMA)
Optima Bank is a fast-growing Greek financial institution focused on retail and corporate banking, with a reputation for customer service and digital banking innovation. In 2024, Optima Bank reported record profit growth, fueled by strong loan demand and expanding digital banking services. Optima Bank is one of the newest banks in Greece, having been established in 2019 after the transformation of Investment Bank of Greece.
Terna Energy (TENERGY)
Terna Energy is a leading renewable energy company in Greece, specializing in wind, hydro, and solar power generation. In 2024, the company expanded its wind farm portfolio in the U.S., investing over $500 million to increase capacity in Texas. Terna Energy is one of the largest renewable energy investors in Southeast Europe, with projects spanning multiple countries.
HELLENiQ ENERGY Holdings (ELPE)
Formerly Hellenic Petroleum, HELLENiQ Energy is Greece’s leading oil and gas company, engaged in refining, trading, and energy production. The company recently announced a strategic shift towards renewable energy, planning to invest heavily in solar and wind power projects. HELLENiQ Energy operates the largest oil refinery in Greece and is a key player in the regional energy market.
LAMDA Development (LAMDA)
LAMDA Development is a real estate investment company best known for its flagship project, The Ellinikon, a massive urban regeneration development in Athens. It also owns the Mall Athens and Mediterranean Cosmos in Thessaloniki, The company is progressing with the Ellinikon project, expected to be one of Europe’s largest smart cities, featuring luxury residences, shopping malls, and green spaces. The Ellinikon project is transforming the site of Athens’ former international airport into a high-end coastal city district.
Cenergy Holdings (CENER)
Cenergy Holdings specializes in the production of cables and steel pipes for energy and telecom applications, serving international markets. In 2024, Cenergy secured a major offshore wind power cable contract in the UK, strengthening its presence in the renewable energy sector. The company’s high-voltage cables are used in some of the world’s largest offshore wind farms.
Athens International Airport (AIA)
Athens International Airport (AIA) is Greece’s busiest airport, serving as a hub for international and domestic flights. AIA saw record passenger traffic in 2024, surpassing pre-pandemic levels as Greece continues to be a top global travel destination. The airport has won multiple awards for customer service and sustainability efforts, including its solar energy initiatives.
Aegean Airlines (AEGN)
Aegean Airlines is Greece’s largest airline, operating domestic and international flights across Europe and the Middle East. The airline has expanded its fleet, adding new Airbus A320neo aircraft to improve fuel efficiency and expand its route network. Aegean Airlines has been named "Best Regional Airline in Europe" multiple times by Skytrax.
ADMIE IPTO (ADMIE)
ADMIE IPTO is responsible for Greece’s electricity transmission system, ensuring the stable and efficient distribution of power nationwide. The company is working on interconnecting Greek islands with the mainland to enhance energy security and integrate more renewable energy sources. ADMIE is leading Greece’s transition to an interconnected and sustainable power grid.
Hellenic Exchanges (EXAE)
Hellenic Exchanges operates the Athens Stock Exchange, facilitating trading in Greek equities, derivatives, and bonds.The stock exchange has been promoting sustainable finance, launching Greece’s first green bond segment in 2024. The Exchange was founded in 1876.
Intralot (INLOT)
Intralot is a global gaming technology company that provides lottery and betting solutions for government-run gaming organizations. Intralot recently signed new contracts in Latin America, expanding its footprint in the growing gaming sector. The company operates in over 40 countries and has developed some of the most advanced gaming and lottery systems in the industry.
Aktor (INKAT)
Aktor is a major Greek construction and engineering company, known for its involvement in large infrastructure projects such as highways, tunnels, and metro systems. The company won contracts for metro expansions in Athens and Thessaloniki, solidifying its position as a leading infrastructure player. Aktor has worked on projects in over 20 countries, including the Middle East and Balkans.
Viohalco (VIO)
Viohalco is a Greek industrial group specializing in aluminum, copper, and steel production, with a strong presence in international markets. The company has been expanding its production capacity to meet increasing demand for recycled aluminum and sustainable metal products. Viohalco was founded in 1937 and has grown into one of the largest metals manufacturers in Europe.
Sarantis (SAR)
Sarantis is a leading consumer goods company in Greece, producing cosmetics, household products, and personal care items. The company has been expanding its presence in Central and Eastern Europe, increasing exports of its popular skincare and fragrance brands. Sarantis owns well-known brands like STR8, BIC, and Carroten, which are widely used in Greece and abroad.
Athens Water Supply & Sewage (EYDAP)
EYDAP is the largest water utility company in Greece, responsible for supplying water and sewage services to the Attica region, including Athens. The company has been investing in infrastructure upgrades, including new wastewater treatment facilities to enhance sustainability and efficiency. EYDAP provides water to over 4 million residents in the Athens metropolitan area.
Autohellas Tourist and Trading (OTOEL)
Autohellas is a leading car rental and leasing company in Greece, operating under the Hertz brand and offering services in several European countries. In 2024, Autohellas expanded its fleet with more electric and hybrid vehicles, aligning with global sustainability trends. The company has exclusive rights to the Hertz brand in Greece and several Balkan countries.
Piraeus Port Authority (PPA)
PPA manages the port of Piraeus, Greece’s largest and busiest port, which serves as a key maritime hub for trade and tourism. The company is investing in expanding its container terminals and cruise infrastructure to accommodate growing global demand. Piraeus Port is one of the top five busiest ports in Europe in terms of container traffic.
Ellaktor (ELLAKTOR)
Ellaktor is a major construction and infrastructure group, involved in public works, energy projects, and waste management. In 2024, the company secured a contract for the expansion of Greece’s road network, enhancing connectivity across the country. Ellaktor has operations in over 30 countries, with projects spanning from Europe to the Middle East.
Intracom Holdings (INTRK)
Intracom Holdings is a diversified group with interests in technology, construction, and defense, operating both in Greece and internationally. The company has been expanding its IT and cybersecurity division, capitalizing on increasing demand for digital security solutions. Intracom played a key role in Greece’s telecommunications boom in the 1990s.
Plastika Kritis (PLAKR)
Plastika Kritis is one of the leading plastics manufacturers in Europe, specializing in agricultural and industrial plastic films. The company has been focusing on biodegradable plastics and sustainable materials to align with EU regulations on plastic waste. Plastika Kritis exports its products to over 60 countries worldwide.
Quest Holdings (QUEST)
Quest Holdings is a technology and IT services company, involved in digital solutions, logistics, and renewable energy investments. The company has been expanding its cloud computing and IT infrastructure services, targeting corporate clients in Greece and abroad. Quest Holdings owns the popular Greek electronics retailer "iSquare," which is an official Apple distributor in Greece.
Fourlis Holdings (FOYRK)
Fourlis Holdings is a leading retail group in Greece, operating brands such as IKEA, Intersport, and The Athlete’s Foot. The company has been expanding its e-commerce and logistics capabilities to enhance its online shopping experience. Fourlis Holdings brought IKEA to Greece, changing the country’s furniture retail landscape.
Kri-Kri Milk Industry (KRI)
Kri-Kri is a Greek dairy company known for its high-quality yogurt and ice cream products. The company has been increasing exports to European markets, particularly in Italy and Germany. Kri-Kri's Greek yogurt is one of the best-selling dairy products in international markets.
Ideal Holdings (INTEK)
Ideal Holdings is a diversified investment group with interests in IT, logistics, and industrial production. The company has been acquiring tech firms to strengthen its position in digital transformation services. Has a history of strategic investments in Greece’s technology sector, dating back to the early 2000s.
Lampsa Hotel Co (LAMPS)
Lampsa Hotel Co is a luxury hospitality group that owns and operates high-end hotels, including the Grande Bretagne in Athens. The company has been renovating its flagship properties to enhance guest experiences in the luxury travel segment.
ElvalHalcor (ELHA)
ElvalHalcor is a leading aluminum and copper producer, supplying industries such as automotive, aerospace, and construction. The company is investing in green aluminum production to reduce its carbon footprint. ElvalHalcor is one of the largest aluminum rolling companies in Europe.
Avax (AVAX)
Avax is a construction and engineering company involved in infrastructure projects such as highways, railways, and energy facilities.The company won contracts for the construction of a new metro lines in Athens. Avax has completed projects in over 20 countries, including the Middle East and North Africa.
Profile Systems & Software SA (PROF)
Profile Systems is a software company specializing in banking and financial technology solutions.The company is expanding its AI-driven fintech products to international markets.Profile Systems serves over 45 financial institutions worldwide.
Thrace Plastics (PLAT)
Thrace Plastics is a global producer of plastic packaging and industrial materials, with a strong focus on sustainability. The company has been developing more eco-friendly packaging solutions to meet EU environmental standards. Thrace Plastics has manufacturing facilities in multiple countries, including the UK, US, and China.
Dimand (DIMAND)
Dimand is a real estate development company focused on sustainable and energy-efficient buildings. The company is leading a series of urban regeneration projects in Athens. Dimand has been a key player in revitalizing historic buildings into modern, sustainable spaces.
Austriacard Holdings (ACAG)
Austriacard is a technology firm specializing in smart cards and secure payment solutions. The company is expanding its digital payment services across Europe. Austriacard’s technology is used in banking, transport, and government ID systems.
Thessaloniki Port Authority (OLTH)
OLTH manages the Port of Thessaloniki, Greece’s second-largest port and a key gateway for trade in the Balkans. The company is investing in infrastructure upgrades to expand container capacity and modernize port facilities. The port is strategically located to serve as a major logistics hub for Southeastern Europe.
Lavipharm (LAVI)
Lavipharm is a pharmaceutical company specializing in drug delivery systems, including transdermal patches and innovative medication solutions. The company recently launched new dermatological and pain management products in international markets. Lavipharm was founded in 1911 and remains one of Greece’s most innovative pharmaceutical firms.
BriQ Properties (BRIQ)
BriQ Properties is a real estate investment company focused on commercial properties, logistics, and office spaces in Greece. The company has been expanding its portfolio by acquiring modern office buildings in Athens. BriQ is known for its sustainable real estate developments, emphasizing energy-efficient buildings.
Cars Motorcycles and Marine Engine Trade and Import (MOTO)
Also known as Motodynamics, MOTO is a leading distributor of motorcycles, marine engines, and automotive products in Greece. The company has been increasing its market share in the electric vehicle sector, introducing new models of e-bikes and scooters. MOTO is the official distributor of Yamaha motorcycles, Porsche, and holds the SIXT car rental franchise in the country.
Orilina Properties (ORILINA)
Orilina Properties is a real estate investment company focused on premium office spaces and commercial properties. The company recently completed a large office complex development in the northern suburbs of Athens. Orilina focuses on high-end properties with long-term leasing agreements to multinational companies.
Technical Olympic (OLYMP)
Technical Olympic is a real estate and construction company involved in large-scale property developments and tourism infrastructure. The company has been increasing investments in luxury residential projects along the Greek coastline. It was one of the companies involved in the development of facilities for the Athens 2004 Olympic Games.
BLE KEDROS (BLEKEDRO)
BLE KEDROS is a real estate investment company specializing in commercial properties and high-value urban developments. The company has been expanding its portfolio with new office and retail spaces in central Athens. BLE KEDROS focuses on sustainable urban development and eco-friendly buildings.
Ekter (EKTER)
Ekter is a construction company specializing in infrastructure, public works, and real estate development. The company recently secured contracts for hospital and school construction projects in Greece. Ekter has been active in the Greek construction industry for over 60 years.
Performance Technologies IT Solutions (PERF)
Performance Technologies provides IT solutions, cybersecurity, and cloud computing services for businesses and government agencies. The company has been expanding its cybersecurity division due to increasing demand for digital security solutions. Performance Technologies works with major Greek banks to enhance their IT security.
Alumil Aluminium Industry (ALMY)
Alumil is a leading manufacturer of aluminum systems used in construction, facades, and industrial applications. The company has been increasing exports, especially to North America and the Middle East. Alumil’s aluminum products are used in major architectural projects worldwide.
Petros Petropoulos (PETRO)
Petros Petropoulos is an automotive and industrial equipment company distributing vehicles, machinery, and marine engines. The company has been investing in electric vehicle technology and sustainable transportation solutions. Founded in 1922, it is one of Greece’s oldest automotive companies.
Interlife General Insurance (INLIF)
Interlife Insurance is a Greek insurance provider offering life, health, and general insurance products. The company has been digitizing its services to enhance customer experience and reduce operational costs. Interlife is one of the few Greek insurers that has remained independent and locally owned.
Premia Real Estate Investment (PREMIA)
Premia REIC focuses on real estate investments in logistics, commercial, and residential properties. The company has been expanding its logistics warehouse portfolio to cater to the growing e-commerce sector. Premia was one of the first Greek REICs (Real Estate Investment Companies) to enter the logistics sector.
Thessaloniki Water Supply & Sewage Co (EYAPS)
EYAPS manages water supply and sewage treatment services for Thessaloniki and surrounding areas. The company is investing in smart water management technology to improve efficiency. EYAPS serves over 1 million people in Thessaloniki and neighboring regions.
Elinoil Hellenic Petroleum (ELIN)
Elinoil is an independent energy company engaged in fuel distribution, lubricants, and renewable energy solutions. The company has been expanding its network of biofuel stations across Greece. Elinoil was one of the first Greek companies to invest in biodiesel production.
Papoutsanis (PAP)
Papoutsanis is a cosmetics and personal care company specializing in soap and skincare products. The company has increased exports, particularly in organic and natural cosmetics. Papoutsanis was founded in 1870 and is one of Greece’s oldest soap manufacturers.
Iktinos Hellas (IKTIN)
Iktinos Hellas is a leading marble and natural stone company, exporting its products worldwide. The company has been expanding its quarry operations and developing new luxury stone products. Iktinos supplies marble for luxury hotels, shopping centers, and historical restorations worldwide.
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great take, thank you!