The Athens Stock Exchange (ATHEX) today welcomed the management, executives, and partners of ONYX TOURISTIKI S.A. to mark the commencement of trading of its shares on the Main Market of ATHEX. The Chief Executive Officer and Vice-Chairman of the Board of Directors of ONYX, Mr. Leonidas Zisiadis, rang the opening bell of today’s trading session.

“Today, ONYX begins its journey on the Main Market of the Athens Stock Exchange with a valuation of €155 million, which is 15 times higher than its valuation upon listing on the Alternative Market just 27 months ago. This milestone marks another significant step in its growth trajectory, further enhancing its transparency and access to investment capital”, noted the CEO of the Athens Exchange Group, Mr. Yianos Kontopoulos. He added: “On this occasion, it is worth emphasizing the vital role of the Alternative Market of the Athens Stock Exchange, which throughout its years of operation has served as a true incubator of growth and progress for Greece’s small and medium-sized dynamic enterprises. It has provided a more flexible and tailored listing framework, enabling companies to strengthen their corporate image and gain valuable experience in meeting capital market requirements.”

The main shareholder and incoming Chairman of ONYX, Mr. Fokion Zisiadis, stated: “We chose to invest and grow our business in our homeland — the place where we were raised and live every day, where our roots, our homes, and our assets are, and where we have built bonds of trust with the local community over decades. It is here that we feel confident we will never disappoint the investors who believed in us. Although we have a long-standing history in tourism, ONYX was founded to express a more mature idea, with a renewed vision and aesthetic: that growth does not have to be detached from the place that inspires it. It can — and should — be an integral part of it. We believe in ONYX’s vision, and we will fight for it with dedication, in the right way and on every front.” 

For his part, the CEO and Vice-Chairman of the Board of Directors, Mr. Leonidas Zisiadis, emphasized: “ONYX S.A. embodies a collective vision — that of a team of people who have worked with consistency and conviction in the belief that tourism can be a driver of sustainable development and outward growth for our country.
As a third-generation member of a family deeply rooted in hospitality and innovation, I am honoured to lead this journey guided by transparency, responsibility, and the creation of lasting value. The Athens Stock Exchange, as a modern financial hub, provides the framework for meaningful investments with a positive social impact — investments that strengthen the economy, protect the environment, and support local communities. The ONYX Estate in Sani, Halkidiki, perfectly reflects this philosophy: a project that combines Mediterranean identity with sustainable architecture, agritourism with our cultural heritage — a true example of how the Greek way of life can become a source of development with international resonance.”

Finally, the Vice-Chairman of the Hellenic Capital Market Commission, Mr. Michalis Fekkas, on the occasion of ONYX’s commencement of trading on the Main Market of the Athens Stock Exchange, highlighted the institutional role of the HCMC in protecting investors and ensuring transparent and orderly markets, as well as the increased obligations and opportunities that accompany such a transition. “The transfer to the Main Market represents a commitment to credibility with investors. The Hellenic Capital Market Commission is not an ‘external observer’; it is the institutional guarantor ensuring that the journey from private ambition to public responsibility is guided by principles, rules, and the interests of investors,” concluded Mr. Fekkas.

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