Tilcon is strengthening its position in the construction sector, which is preparing to penetrate new foreign markets from 2025, but also to expand in southern Greece, undertaking the production and installation of aluminium frames in projects for both private individuals and businesses.
The construction company of Georgios Tilsizoglou, started its activity in 2007, from a village in Serres, employing four people and later moved to the industrial area of Nea Raidestou, where in a privately owned area of 2,700 sq.m., it maintains its modern production facilities with 42 employees from 34 in 2023, an investment of 1.9 million euros.
It has managed, to date, to participate in major tourism and business projects in Northern Greece. Specifically, for the period 2022-2024, 37% of the projects it has completed involve individuals and 63% involve businesses (hotels, industrial buildings, luxury residences, offices).
It has a strong presence in the tourism sector, having completed over 35 tourism projects in Halkidiki (hotels, smaller accommodation, villas), with the most recent being the five-star hotel unit, Zelia Halkidiki Resort & Spa.
In Thessaloniki region, it participated in the MonAsty hotel, the energy upgrade of the Agios Loukas clinic and the expansion of the new radiotherapy department, the Kuehne+Nagel offices in the city’s port, the new building – “smart” and energy autonomous school – of the Aristotle College in Thermi, and the construction of a new hotel in the centre of Thessaloniki.
Speaking to Liberal.gr, Tilcon’s marketing department manager, Ms. Stamatia Stoupa, said, “the company is constantly growing, innovating in various sectors and increasing its staff year after year, elements that show its dynamics so far.”
Targeting new foreign markets
In the context of the company’s further development, Tilcon is preparing to take its next growth steps by expanding its presence in Attica and the island regions. At the same time, the company is also looking abroad as its primary goal, within 2025, is to enter strong markets such as Saudi Arabia, and in the longer term, the American market.
“In our portfolio we have some individual projects in the Balkans and in particular, a hotel in Albania and luxury residences in Romania. However, in addition to the European market, we are preparing to enter larger markets, so we participate in both domestic and international exhibitions,” explained Ms Stupa.
The investments
Tilcon has automated its production process, as in 2023 it implemented investments in mechanical equipment (cnc machines), while under its control, it has all production stages, up to the installation of the frames. It even has a Research and Development Department, staffed with engineers, as well as service services for its clientele.
In addition, a new investment of around 250,000 euros is underway for the radical renovation of a building within the existing premises, where a modern showroom space will be created to house the company’s offices. The new building is expected to be delivered at the end of 2025.
Increased production
Regarding its financial figures, it is estimated that this year’s turnover will fluctuate at the same levels as in 2023, which was at 3 million euros, while it will have increasing profitability, despite the company’s increased operating expenses. For 2024, Tilcon also sees an increase in its production by 35% compared to 2023, due to the decrease in the price of raw materials.
Ms. Stoupa made special mention of sustainability, which the company emphasizes and is an important part of it.
“We recycle cullet, which is one of the most important factors for sustainability and environmental responsibility in the construction industry. It is collected, separated and then sent to the special facilities of the company Saint-Gobain Hellas. This year we have collected 80 tons of broken glass so far,” Ms. Stoupa noted to Liberal.gr.
Finally, speaking about the challenges, she referred to the lack of specialized personnel, resulting in the difficulty of finding human resources.
“The new generation does not remain in the sector and in the industry in general. That is why in the company, we train our staff to receive the necessary specialization,” Ms. Stoupa concluded.
Source: Liberal.gr
By Dimitra Tagka
