Press Release
                                                                                                                Thessaloniki, June 24, 2025
The Company’s Repeat Ordinary General Meeting Was Held
The Repeat Ordinary General Meeting of the company’s shareholders took place today, with a quorum of 54.276%. During the meeting, the financial statements for the fiscal year 2024 were approved, a year in which Eurocosultants S.A. continued its upward trend, with an increase in all key financial ratios. Management emphasized that the company is now entering a dynamic growth phase, having moved past stabilization. This shift is attributed to a strong backlog and the development of new products and services.
The General Meeting approved the distribution of a gross dividend of €0.04 per share, with the payment start date set for Friday, July 11, 2025. The dividend distribution signals a return to a steady dividend policy aimed at satisfying shareholders.
Additionally, a share buyback program was approved with the following specific terms:
- The maximum number of shares to be acquired under this program may reach up to 10% of the company’s paid-up share capital at the time of implementation. - The minimum purchase price per share is set at €0.50, and the maximum at €3.00. - The program will be valid for twenty-four (24) months from the date of this decision, in accordance with Article 49(1) of Law 4548/2018. - The purposes of the buyback include: building reserves for future strategic actions such as mergers or acquisitions, setting aside shares for future stock option or grant plans for executives or employees and enhancing the tradability of the company’s stock on the Athens Stock Exchange.
Property Sale & Financial Fortification
Management announced the acceptance of a €5.9 million offer from a prospective buyer for the sale of company-owned real estate and the commencement of the transfer process. In addition to the existing liquidity from operational profitability, which currently amounts to €2.3 million. This transaction significantly boosts the company’s overall liquidity, eliminates bank debt, and enables the execution of its strategic growth plan. The plan focuses on organic development, entry into new ventures, and the acquisition of high value-added companies. The company intends to utilize the surplus liquidity to further satisfy shareholders and enhance its investment profile.
New Strategic Direction
Management stressed the need to deepen the company’s presence in sectors of innovation and technology, which are at the forefront of national economic policies. A strategic priority is to broaden the sources of operating profitability through the transformation and diversification of activities, leveraging the Group’s existing expertise.
Planned actions include:
- Exploring new business opportunities - Creating synergies and strategic partnerships with companies of complementary focus - Expanding into high-tech innovative sectors, both organically and through acquisitions or joint ventures
Company Renaming
Finally, the General Meeting ratified the change of the company’s name to:
European Innovation Solutions (Trade name: E.I.S.)
Management, honoring the company’s 35 year history of providing integrated solutions in Greece and abroad, is proceeding with the renaming as a signal of the new strategic phase. The new name reflects the company’s vision for the next decade as a provider of solutions based on emerging technologies, with emphasis on the sectors of:
- Defense and Security

- Energy and Digital Transition

either independently or through partnerships and acquisitions.