The Elin gas station network is entering a transformative phase, with the company’s president and CEO, Giannis Aligizakis, announcing during yesterday’s (July 3, 2025) General Shareholders’ Meeting that major agreements are expected within 2025. These will involve collaborations with food service companies and strengthening Elin’s presence in the electric energy sector through fast chargers, LNG-CNG stations, and investments in renewable energy sources.
Specifically, the company plans to offer more than just fuel at its stations — including coffee and ready-to-eat meals — differentiating its services and creating a unique customer experience. “We want to stand out,” Aligizakis emphasized. “There is a demand for ready meals at gas stations. The challenge now is to keep the customer inside the station, not serve them quickly and send them off,” he noted, highlighting the company’s strategy to turn its stations into multipurpose service hubs. The first agreement in the food sector is expected to be announced by September 2025.
In parallel, Elin intends to make significant investments in electric energy, aiming to develop some of its stations into energy hubs. The company currently operates 550 gas and diesel stations, with 15 added in the first half of 2025 alone. “With these investments, we initially aim to improve the image of our current stations and secondly convert some of them — especially those with favorable locations — into energy hubs offering EV charging,” Aligizakis explained.
According to Aligizakis, the most important aspect is the complete redesign of the interior spaces of the stations. He also mentioned ongoing discussions regarding an international agreement expected to be announced within 2025, which will enhance Elin’s presence in the electricity market.
The removal of the cap on gross margin as of July 1 has paved the way for smoother market operations and strengthened fair competition, according to Aligizakis. He stated that the previous system burdened legitimate businesses and allowed room for unfair practices. If intensive inspections by relevant authorities continue, it is likely that violations in the market will decrease.
Elin’s profitability was significantly boosted in 2024, with pre-tax profits reaching €11.7 million, primarily driven by strong international performance. Notably, 83% of the company’s total sales came from international markets in 2024. However, Aligizakis estimates this percentage may decline this year due to a drop in spot sales in the European market, affected by the gradual phasing out of fossil fuels and regulatory changes. Meanwhile, the company maintains a strong position through contracted sales, which accounted for over 70% of its international turnover in 2024.
Although cash flows remain limited due to lower profitability, Aligizakis remains optimistic that the year will end positively, stating, “We have six months ahead of us — a vast period in today’s rapidly changing geopolitical landscape.”