Ravago: Invests 30 mil. euros in Attica, Greece and in track for further acquisitions

April 12, 2021

Build, one of the most influential digital magazines in Greece, specialized in the construction and architectural industry, dedicated its first page editorial to Ravago Greece Group on the 2/12, with reference to Group’s past and future investments, under the title:

According to the article and company’s management and shareholders, Ravago Greece Group got the green light to make investments that will exceed 30 million euros in the following years.

From the year 2020 up until 2025 the company will invest in logistics and new production lines, will launch new products, and will focus on optimizing the existing ones.

As Cleri Rontiri mentioned “Group’s funds are becoming capex and are being transformed into new investments”. These capex do not include acquisitions that Group intends to make, emphasizing in building solutions and chemicals.

The journalist/author, Christina Papagianni, also mentioned that as of 2014 Ravago Greece Group has already proceeded with three acquisitions in the chemical sector, while in 2021 new things are expected to be announced concerning the growth of the Group.

In the meantime, the journalist also complimented and highlighted Ravago’s headquarters in Marousi which are the result of a a significant investment in the area.

She, also, underlined the fact that Ravago is focusing its attention to centralizing the distribution from warehouses at Oinofyta, that last year were updated by new actions, worth 0.5 million euros.

Mrs Papagianni emphasized the participation of Ravago Greece Group in upgrading the Building of the Greek Parliament by choosing KELYFOS ROOFTILE as inverted external thermal insulation applied to a surface of 4,500 sq.m.

Finally, what was also mentioned was that Ravago will keep collaborating with its most successful and loyal clients while also focusing on bestselling own products.