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Sustainability Strategy

3.1 Financial Performance and Resilience

Spanos Group continues its growth trajectory with stable financial performance, despite the challenges affecting both the domestic and international economic environment.
For the fiscal year 2024, turnover reached €8,910,845, showing positive progress compared to previous years. This growth resulted from increased sales of green and innovative technologies, as well as from strengthened partnerships in infrastructure and energy projects.

The company maintains a sound financial base and strong liquidity, enabling it to plan mid-term investments without relying on high levels of external borrowing.
Its strategy focuses on ensuring sustainable growth by maintaining a balance between financial results and socio-environmental performance.

3.2 Risk and Opportunity Management

Spanos Group implements systematic processes for monitoring, assessing, and managing risks that may impact its operations, personnel, or the environment.
The main categories of risks reviewed annually include:

  • Operational risks, such as supply delays, equipment malfunctions, or fluctuations in raw material costs.
  • Environmental risks, such as increases in energy costs, natural events, or changes in compliance requirements.
  • Market and liquidity risks, mitigated through client diversification and stable partnerships with reliable suppliers and manufacturers.
  • Social and organisational risks, related to employee safety and well-being, addressed through continuous training and communication.

At the same time, the company recognises opportunities arising from the transition to green technologies and consistently invests in sectors with a low environmental footprint and high technological added value.

3.3 Investment in Sustainable Technologies and R&D

Spanos Group allocates a significant portion of its capital expenditure to technologies that enhance energy efficiency and environmental responsibility.
In recent years, the company has undertaken the following initiatives:

  • Development and promotion of new green products and technologies that contribute to emission reduction and raw material recycling.
  • Upgrade of the vehicle fleet with hybrid models, reducing CO₂ emissions and fuel consumption.
  • Investment in energy-efficient equipment for company facilities (LED lighting, energy-saving systems).
  • Training of executives and engineers on sustainable development, ESG reporting, and energy performance management.
  • Design of a photovoltaic system to partially cover the company’s energy needs in the medium term.

In 2024, approximately 70% of capital expenditure (CAPEX) was related to activities falling under the EU Taxonomy objectives, reflecting the company’s strategic commitment to direct its investments towards green and sustainable infrastructure.

3.4 Financial Governance and Transparency

The company applies transparent accounting and financial procedures in line with applicable national and European standards.
Financial performance is monitored on a regular basis to ensure sustainability, stability, and responsible growth.

In addition, Spanos Group is gradually integrating ESG financial indicators (KPIs) — such as the percentage of green investments and Taxonomy-related turnover — to provide a comprehensive depiction of the company’s financial resilience and sustainable business model.

3.5 Economic Growth Outlook

Spanos Group anticipates a steady growth trajectory over the coming years, prioritising the expansion of green product lines and its presence in the European market.
The main development priorities for the 2025–2027 period include:

  • Expanding partnerships with international manufacturers of green technologies,
  • Developing new technical support and training services,
  • Advancing new systems for digitalisation and energy consumption monitoring,
  • Further improving ESG performance indicators and strengthening social initiatives.