The development of the Facility Management Services in recent years, as the founder of Manifest Services, Dionysis Ammolochitis, is rapid. “All big wallets have been investing in the industry in recent years,” he says, adding that this is a fixed upward market.
Mr Ammolochitis points out that when Manifest started in 2003, the Facility Management industry was at a “very early” stage, with limited demand from both the private and public sectors. “We, as a manifest, have pioneered the role of the industry, which has attracted important investors,” he notes.
As he explains, the benefits of facility management services are multiple for businesses, as they are directly linked to the well -being and productivity of workers. “Buildings are their home at work. They must be functional, clearly, create a nice climate, “says Dionysis Ammolochite.
Manifest has also invested in technology, having established Software Moralius in 2018, with digitization decisively operating for business development. The businessman reveals to newsit.gr and plans for the next day, referring to “a bold step in the coming years: the internationalization of the company”.
The sizes
In 2024, Manifest closed with a turnover of € 30 million, while for 2025 the growth rate is set at 25%. “Our team believes that we can double our sizes in the next three years,” he says, adding that the company since 2003 has started operating steady growth rates.
Asked about the challenges of the industry, Mr Ammolocitis recognizes the difficulty of finding specialized human resources as a more important difficulty. “More generally in Europe there is no human resources specialized and especially for our own activity,” he says. At the same time, he points out the need to deal with undeclared work and therefore the universal and horizontal application of the legislation is necessary.
Regarding the margin of profitability of the industry, the founder of Manifest clarifies: “There are international models that stipulate that the industry is low profit margin, but has many other benefits: continuous contracts, predictability of financing, long -term planning.”
Mr Ammolochitis notes that the company has received a significant number of acquisition proposals, but the scenario of the strategic investor entrance is out of the plan. “We have drawn a strategy clear and follow it.” Finally, asked if he would change something so far, he is categorical: “I would not change anything. I love my job. In this country, you can still be without any supplies, no funds, without getting to know. However, the one who wants, will succeed – in Greece and elsewhere. “
Landmarks
Mr. Ammolochitis founded Manifest Services in 2003 with his mother in an office of 30 sq.m. with 9,000 euros in initial capital. A year later, the company took over its first three big customers, Sephora, Tsantilis and ATE Insurance, while in 2010 it expanded nationwide, creating a security department.
In 2016, the Southbridge investment capital invested 3.5m euros in Manifest, which in the following years managed to achieve double -digit growth on a yearly basis. Over the last five years, the company, which has been employed by more than 1,000 employees, has managed to increase the turnover of around € 13 million (2020) to around € 41 million.