PPC to present ambitious business plan at London event

Power utility PPC is currently adding final touches to a new and highly ambitious four-year business plan scheduled to be announced January 23 in London, at a Capital Markets Day event, before an audience of international analysts and institutional investors.

They will be expecting news from PPC’s leadership on the energy group’s priorities abroad, including its next big steps planned for the Balkans; a retail energy expansion plan through the group’s fully-owned Kotsovolos electrical and electronics retail chain, a leading force in the Greek market; as well as news on the company’s plans for promising new sectors such as fiber optics and waste management through public-private partnerships.

PPC is also looking to capitalize on company-owned properties that have remained unutilized for decades.

Over the past few years, PPC has enjoyed a period of tremendous growth that has led to a 50 percent increase in financial figures, over 9 million customers, 14 GW in renewable energy projects, and 340,000 kilometers of networks.

Under the leadership of its CEO Giorgos Stassis, PPC is steadily growing into an energy group of international proportions and a dominant force in southeast Europe. Investments in Romania are a key part of this strategy.