A significant investment was made by Polygreen, which announced the acquisition of Vasilakopoulos Recycling SA, a company that is active in the collection and sorting of recyclable materials.
As the company points out, this acquisition is the first step of Polygreen’s ambitious investment plan for 2022, in order to offer its clientele in Greece a complete and integrated package of waste management services.
With the acquisition of Vasilakopoulos Recycling SA, Polygreen upgrades its facilities and strengthens its infrastructure in our country, adding to its potential a functional and profitable unit that has a privately owned plot in the heart of the industrial area, in Aspropyrgos, Attica, modern equipment and a significant fleet of vehicles.
At the same time, it verticalizes its services offered in the field of recycling, in addition to undertaking the collection, sorting, transport and packaging of materials, and expands its existing customer base through the network of the newly acquired company.
Mr. Athanasios Polychronopoulos, President and CEO of Polygreen stated:
“We receive this unit with great emotion from the Vasilakopoulos family and George Vasilakopoulos himself, a man who pioneered in Greece both in the field of society and sports and in that of recycling and care for the environment, with vision, consistency and With the acquisition of Vasilakopoulos Recycling SA, we expand the portfolio of Polygreen services offered to our customers, with the aim of soon becoming a one-stop-shop for all those who are interested in the proper management of their recyclable waste. Our concern is to drastically increase the production volumes of the unit, thus increasing its turnover, while at the same time, we continue our investment plan for this year, remaining faithful to our commitment to lead the transition from the linear to a cyclical model of economy, which is now a central political priority at international level. ”
It is noted that Polygreen is a Greek owned company, founded in 2018 and started operating in Greece in March 2021 and operates in Europe, the Middle East and Africa. Undertakes and successfully implements projects around the world that are particularly demanding, at a technical level, in the fields of circular economy as well as environmental protection and restoration.
In 2021, the total amount of its investments in Greece and abroad exceeded 20 million euros, which included, among other things, the purchase of a special ship to deal with and restore marine pollution and the development of its presence and infrastructure in the Middle East. and Africa but also the organization and strengthening of its infrastructure in Greece.
Source: Capital
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