Intracom Holdings Group closed out 2025 with revenue of €33.4 million and EBITDA of €27.5 million. According to the announcement, the management of the listed company intends to propose a dividend distribution at the annual general meeting of shareholders.
During 2025, the INTRACOM HOLDINGS Group sold its stake in AKTOR for €74.8 million and completed its entry into the insurance sector through EUROPE HOLDINGS. Through INTRACOM VENTURES, it is participating in the VORIA project, with a budget exceeding €380 million, which is currently under construction and represents the largest strategic investment in the northern suburbs of Attica in decades. The KOUFONISIA HOTEL & RESORT investment is in the final licensing phase, having secured co-financing from the Recovery Fund for its implementation.
The INTRACOM HOLDINGS Group, with total assets of €600 million, is carefully positioning itself in high-return sectors, with the aim of further increasing its assets and strengthening its investment profile, which includes cash and cash equivalents and financial assets measured at fair value totaling €366.2 million.
Socrates Kokkalis, Chairman and CEO of the INTRACOM Group, stated:
“The new structure of the INTRACOM Group aims to ensure the operational profitability of the production sectors, to generate revenue and dividends, and to maintain a flexible portfolio of holdings to create value. The balance between production activity and investment flexibility allows the Group to respond effectively to changing market conditions, confirming that the new structure is not merely an organizational change, but a business model with a long-term perspective.”
The financial results and performance of the companies of the INTRACOM HOLDINGS Group in 2025 are as follows:
1. INTRACOM HOLDINGS (parent company) recorded pre-tax profits of €18.7 million compared to €3.4 million in 2024, which are primarily driven by the gain on the sale of its stake in AKTOR. An amount of €17.2 million is recorded in the 2025 financial statements, with a direct impact on the parent company’s profitability. Following the repayment of its bond loan, the company has no outstanding debt. The total of the company’s available and valued financial assets amounts to €292.7 million.
2. EUROPE HOLDINGS completed the restructuring of its group in 2025 by acquiring 100% of EUROPE Insurance, the acquisition of the brokerage firms NAK INSURANCE BROKERS S.A. and AMYNA INSURANCE BROKERS I.K.E., and successfully completed a capital increase of €68.3 million. With EBITDA of €10.5 million, the group reports a significant increase in revenue and profits, reflecting the positive contribution of business transformation and new acquisitions. Finally, the Group’s solvency ratios indicate stable and strong capital adequacy, as well as sufficient capital for further business expansion.
3. INTRACOM VENTURES, a wholly-owned subsidiary of INTRACOM HOLDINGS, is participating in major projects that are in the final stages of development: a) the VORIA project, which is now on track for implementation and involves a €380 million investment to create a state-of-the-art mixed-use complex with extensive infrastructure in Marousi (Integrated Resort Casino); and b) the redevelopment project of Voula’s Second Beach through the Athens Beach Club, in which it holds a 33% stake. ATHENS BEACH CLUB is implementing an investment of over €15 million aimed at restoring the beach and upgrading it in a gentle manner while preserving the residential character of the area, having secured co-financing from the Recovery Fund. The company’s return on investment is expected within three years.
4.INTRADEVELOPMENT, a group company active in real estate development and holding the group’s stake in KEKROPS, contributes to the management of all the Group’s real estate projects, while it is currently in the planning phase for its upcoming ventures.
5. KOUFONISIA HOTEL & RESORT owns a 56-room hotel in Koufonisia and plots of land within the settlement, where it will proceed with the development of a new investment plan in real estate and tourism. The purchase of the new plots for the construction of villas for sale has been completed, while the licensing process for the project’s development is underway; the project has secured co-financing from the Recovery Fund for its implementation.
6.BANNER ESTATE is a wholly-owned subsidiary of the Group and owns land on the island of Mykonos, in the Ano Mera area. The design of a 3-star hotel with a capacity of 125 rooms has been completed, and the licensing process is underway. The company is awaiting approval for co-financing from the Recovery Fund.
7. INTRACOM REAL ESTATE INVESTMENT Ltd., headquartered in Cyprus, was established in 2025 with founders and shareholders holding a 50% stake each: INTRACOM HOLDINGS’ 100% subsidiary in Cyprus, INTRACOM OPERATIONS Ltd., and 50% by GREEN HYDEPARK INVESTMENT Ltd., a company also based in Cyprus and 100% controlled by Mr. G. Mundreas. INTRACOM REAL ESTATE INVESTMENT Ltd. participates in a multi-shareholder structure for the purpose of investing in and managing real estate.