Superfund: Merger of the management companies of the central markets of Athens and Thessaloniki is coming and listing on the stock exchange

The work the upgrading of the management companies of the central markets of Athens and Thessaloniki (OKAA and KATH) was outlined in an update of super fund, but also the strategic plans concerning them for the period 2025-2027.

In particular, OKAA and KATH have achieved a significant increase in revenue after joining the super fund, while critical upgrading projects were carried out in the previous period. In particular, KATH implemented moves towards its digitization while it has fully implemented electronic invoicing, while OKAA has carried out major modernization projects mainly in the fish ladder but also for the installation of optical fibers for the connection with the accounting offices.

The 2025-2027 Strategic Plan aims to explore and mature relocation and modernization projects in OKAA and KATH with a change in the business model.

A plan for relocation exists for both companies, although it is in the study phase. In Athens, transport services have already been relocated to Phyli and there are possibilities to create a hub. The purpose is to create a single body and common elements and not two separate companies.

In the same context, the plans of the super fund include the merger of the two companies by 2027 and then the listing of the new company on the Athens stock exchange.