- CEO
- Georgios Konstantinou Stengos
- Full Time Employees
- 68
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Athens Greece
- IPO Date
- Apr 6, 1994
- Business
- Technical Olympic S.A. is a diversified Greek holding company engaged in construction, real estate development, marina operations, maritime shipping, renewable energy, and distressed asset management. Founded in 1965 and headquartered in Alimos, Athens, Greece, the company is listed on the Athens Stock Exchange under the ticker symbol OLYMP. Technical Olympic operates as an investment and operating conglomerate, managing a multi-sector portfolio of subsidiaries and strategic participations across Greece and international markets.
The company operates through six primary business segments: Construction and Infrastructure; Real Estate Development and Asset Management; Marina Operations and Maritime Tourism; Shipping; Renewable Energy Sources; and Loan and Credit Claims Management. In the Construction and Infrastructure segment, primarily executed through its subsidiary Mochlos S.A., the company provides civil engineering and general contracting services for public works and private infrastructure, including highways, railways, bridges, dams, hydraulic networks, building complexes, and harbor facilities. In Real Estate Development and Asset Management, the company offers land development, residential and commercial property construction, asset valuation, property leasing, and real estate portfolio management services. In Marina Operations, Technical Olympic provides vessel berthing, yacht mooring, dry-docking, boat maintenance, fueling, technical support, and auxiliary tourism services through facilities such as Samos Marina (Pythagoreio Marina). In the Shipping segment, operating via T.O. Shipping Ltd. and related shipping vehicles, the company engages in maritime asset ownership, vessel chartering, and fleet operations, with a focus on container vessels and commercial cargo transport. In Renewable Energy Sources, the company develops, constructs, and operates green energy generation assets, including wind farms and photovoltaic solar parks. In Loan and Credit Claims Management, through entities such as Premier Financial Services Holdco Ltd and PFC Premier Finance Corporation Ltd, the company engages in the acquisition, management, and restructuring of non-performing loans, distressed debt portfolios, and related underlying real estate collateral.
Technical Olympic serves a diverse clientele encompassing government bodies, municipal authorities, commercial enterprises, private real estate buyers, shipping charterers, and leisure marine operators across Greece, the broader Mediterranean region, and select European markets. Its principal operating subsidiaries and affiliate entities include Mochlos S.A., Samos Marinas S.A., T.O. Shipping Ltd., Greenhill Voula Estates S.A., and Premier Financial Services Holdco Ltd.
In recent developments, Technical Olympic has executed key strategic realignments to optimize its asset portfolio and redeploy capital into high-growth sectors. Following the divestment of its flagship hospitality asset, Porto Carras Grand Resort, the company has expanded its investments in residential real estate, highlighted by the strategic acquisition of Greenhill Voula Estates S.A. to develop prime residential assets along the Athens Riviera. In port and maritime infrastructure, the group pre-qualified as part of an investment consortium involving Olympic Marine S.A. for the international privatization tender of the Lavrio Port Authority (LPA S.A.), aiming to expand its commercial port, cruise, and marina infrastructure assets. Additionally, Technical Olympic continues to optimize its financial services and credit claims division through share purchase agreements and restructuring initiatives within its Ireland-based Premier Financial holdings, while actively assessing counter-cyclical opportunities to modernize and expand its containership maritime fleet.