Today, the Athens Stock Exchange welcomed representatives of the management, executives, and partners of the Fais Group on the occasion of the company’s listing on the Main Market of the Athens Stock Exchange. Ms. Lou Fais, Chair of the Board of Directors, and Mr. Sam Fais, Chief Executive Officer, marked the opening of today's trading session.
"The oversubscription of the public offering is a vote of confidence from investors in the Group’s prospects and represents the first step in a new growth trajectory through the Athens Stock Exchange. Over the past four years alone, investments exceeding €30 million have been made in new stores, renovations, and investment properties. Among the most significant initiatives is the renovation of the historic Modiano Market in Thessaloniki," stated Mr. Yianos Kontopoulos, Chief Executive Officer of the Athens Exchange Group. He added: "The Group’s next growth objectives include the expansion of its store network both domestically and internationally. Looking ahead to 2030, the Group plans to add approximately 50 new stores. From our side, we will always support sound business initiatives and stand by our companies at every significant step they take."
For his part, Mr. Sam Fais, Chief Executive Officer of the Fais Group, emphasized in his address: "Today is a historic day for our Group—for all of us who have worked hard, with faith, perseverance, and passion, to reach this point. With deep emotion and pride, we ring the bell today, marking our re-entry into the Athens Stock Exchange. The decision to open a new chapter in our journey was not taken lightly. On the contrary, it is the result of a long-standing path spanning decades of experience, founded on vision, driven by our values, and built on relationships of trust with our people, our partners, our consumers, and, of course, the international brands that honor us with their collaboration. Our listing on the Athens Stock Exchange does not signify the end but rather the beginning of a new era—one of new challenges, transparency, growth, and even higher expectations. It is a commitment to our shareholders, employees, the market, and Greek entrepreneurship. We aim to continue building, evolving, and innovating—always with respect for our history and roots."
