Greek power utility PPC, going from strength to strength in recent years, is expected to present a highly ambitious four-year business plan at a Capital Markets Day event in London on January 23.

PPC and investors anticipate a big year for the company in 2024, as suggested by a 65 percent rise of the company’s share over the past year.

The company has undergone a major revamp since the summer of 2019, when Giorgos Stassis was appointed CEO. PPC is now looking ahead with robust finances, without burdens and corporate mismanagement of the past, and possesses substantial amounts for big investments which other big players are keen to participate in.

PPC has the potential to consistently post annual operating profits of around two billion euros a year. Besides Romania, the company’s expansion plan now also includes Bulgaria, as well as a retail energy expansion plan through the company’s fully-owned Kotsovolos electrical and electronics retail chain, a leading force in the Greek market.