Tuesday, May 26, 2026

INVESTMENT OF €25million BY KEO - STRATEGIC MOVE WITH A NEW STATE OF THE ART CENTRE





INVESTMENT OF €25million BY KEO - STRATEGIC MOVE WITH A NEW STATE OF THE ART CENTRE - Filenews 26/5 by Angelos Nikolaou


In a strategic move that is expected to reshape the map of the domestic wine industry and the spirits market, KEO PLC is proceeding with the implementation of a flagship project.

This is the construction of a new, standard and state-of-the-art Alcoholic Beverages Distribution and Bottling Center, which will bring together the company's key production, processing and logistics activities. The total estimated cost of the investment amounts to an impressive amount of €25,000,000.
The investment, which is accompanied by an Information Report submitted for approval to the competent authorities, is one of the largest private industrial projects of recent years in the Limassol district.

The new industrial jewel of KEO will be erected at a key point within the administrative boundaries of the Municipal District of Kato Polemidia, in the Parish of Archangel Michael. The location was chosen with strict financial and operational criteria, as it abuts to the east with the vertical road of the port, ensuring immediate, easy and fast access, both to the port of Limassol and to the Limassol - Paphos highway.

According to the company's planning, construction work will begin immediately after securing the necessary planning and building permits. The execution period of the project is estimated at 24 months, with the construction phase creating direct jobs for up to 50 people.

The total area that the proposed development will occupy reaches 44,000 sq.m., while an additional 9,612 sq.m. will be granted and configured as a public green space, which will be adjacent to the vertical road of the port.

The new Center will operate in full synergy with the existing KEO Winery in Malli. The wines produced in Mallia will be transported to Kato Polemidia for their final processing, aging and bottling. In addition, imported raw materials, such as bulk molasses alcohol, Eau de Vie, bulk wines, as well as refined concentrated grape must, will be received for use in the preparation of wines and spirits.

The total annual capacity of the unit for the processing and bottling of wines is estimated to be between 1,000 and 2,500 tons. In total, the plant's annual production including juices in Tetra Pak packages (2,550 tons), juices in cans (165 tons), squashes and juices in PET bottles (250 tons), wines and spirits in bottles (870 tons), wines and VIB and Tetra Pak (1,140 tons) is expected to reach 4,975 tons of products.

The central building infrastructure will cover an area of approximately 34,000 sq.m. and will be developed on three levels, with specialized uses:

Basement (9,810 sq.m.): It will serve as the main storage area for imported raw materials, beers, and finished products. There will be specially designed areas for aging wines, Commandaria and Eau de Vie in oak barrels, under controlled temperature and humidity conditions.

Ground floor (22,840 sq.m.): It will include the finishing and mixing area, the filtration and cooling lines, the zivania and ouzo distillation area, as well as state-of-the-art bottling, packaging and bottling lines. On the same level, there will be large warehouses for raw materials, chemicals and finished products, as well as the order preparation area.

Floor (992 sq.m.): It will accommodate the modern office spaces and the administrative center of the unit.