Greek industrial park manager ETBA VIPE SA is planning to build a new business park in the Attica region as part of a wider push to modernise manufacturing infrastructure across the country, Chief Executive Athanasios Psathas said.
The development plan follows the completion of infrastructure upgrades worth nearly 50 million euros across existing sites, financed with support from the European Union Recovery Fund.
Psathas said in an interview with news outlet newmoney that a feasibility study for the new Attica facility has already been completed, with several potential sites evaluated across the region.
The company is now searching for new investment mechanisms to fund future projects as it seeks to lower operational costs for industrial tenants.
Addressing informal industrial zones
A central priority for the company is the redevelopment of informal industrial clusters in West Attica and northern Athens, including Aspropyrgos, Mandra and Metamorfosi.
Psathas warned that an absence of organized infrastructure and clear safety standards in these unplanned zones poses growing risks to operating businesses.
Aspropyrgos and Mandra form the primary industrial and logistics heartland of West Attica, while Metamorfosi serves as a key commercial hub along the main northern transport corridor of Athens. ETBA VIPE SA manages dozens of organized industrial zones across Greece, providing serviced land, utility connections and administrative management to manufacturing firms.
To improve supply chain performance, Psathas called for stronger freight connections linking industrial parks directly to the national railway network and major Greek commercial seaports.
He also highlighted ongoing company initiatives aimed at managing rising energy costs for tenants and solving severe shortages of technical workforce skills.
Workforce training and infrastructure evolution
Under a new partnership between ETBA VIPE SA and DYPA, Greece's public employment service, up to 25,000 young people will receive specialized technical training over the next five years.
The training programs will be designed specifically around the skill requirements of manufacturing companies operating inside the business parks.
DYPA is the state employment agency responsible for vocational education and workforce development across Greece. The initiative aims to align technical training directly with industrial demand, supported by funding mechanisms under Greece's national recovery plan.
Psathas said the ultimate objective is for ETBA VIPE SA to transition from a traditional manager of industrial infrastructure into a comprehensive service ecosystem supporting domestic production.
