7 million euro investment in a new, state-of-the-art meal production unit in Solomos, Corinthia.
Korinthian Foods, the largest regional Greek industrial catering company offering reliable solutions in supply of food & raw materials and mass dining, is building a new state-of-the-art meal production unit in Solomos, Corinthia. The new facility will increase the company’s daily production capacity by six times, allowing it to respond efficiently to the growing demand for its products while achieving a quality upgrade.
“This important investment, worth a total of more than 7 million euros, is a major milestone for Korinthian Foods, since it marks the successful completion of two decades of company’s operation. It is part of Korinthian Foods’ long-term growth strategy, as it will allow us to expand our footprint in the Greek market and exploit opportunities to enter new markets,
such as the market of tourism”.
Today, Korinthian Foods produces and distributes 15,000 ready meals daily, covering the nutritional needs of large organizations, such as educational institutions and schools, central government agencies, hospitals, refugee shelters, etc. It also cooperates with many Municipalities and Regions throughout Greece for the supply of food and raw materials to Social Groceries and day care centers, while it also participates as a Contractor in the Operational Program of Food Aid & Basic Material Assistance of the European Union’s European Assistance Fund (FEAD).
Upgrading quality and enhancing competitiveness
The new industrial facilities, located in the company’s own premises in Solomos, Corinthia, covering an area of 10,000 sq.m., have a total area of 3,600 sq.m. and include a central logistics center of 1,100 sq.m. and a production unit of 1,100 sq.m., thus providing the necessary infrastructure for the efficient production and distribution of Korinthian Foods’ products. In addition, they have an office space of 800 sqm for the smooth operation of the company’s administrative functions, as well as a 600 sqm mechanical equipment building, which houses the necessary technological infrastructure.
According to the company’s design, the construction work and the installation of the state-of-the-art equipment is expected to be completed in September 2024, when the the production unit becomes fully operational. The new plant will enable production of 90,000 pieces of ready meals per day, doubling the current production capacity. The existing plant will remain in reserve and will be put into operation if and when necessary due to increased demand, increasing the possibility of production at 105,000 portions per day. At the same time, in addition to the production department, the new the plant will have state-of-the-art and secure storage facilities for the raw materials used for the production of meals, while it will also host the new offices of the administration offices.
The new Korinthian Foods plant automates the production process, features standard Industry 4.0 technologies, such as IoT (internet of things) for real-time data collection and analysis in production, in order to increase efficiency. The operation of the new plant significantly enhances the company’s competitiveness, as the annual benefit from the modernization of production and cost structure is estimated at 15% –
18%, while costs are also saved from its maintenance.
At the same time, the quality of the product provided is upgraded.
"Green" operation with a reduced environmental footprint
The new Korinthian Foods facility incorporates sustainable natural resource management practices that significantly reduce the environmental footprint of its operations.
Remaining true to its commitment to sustainable operations, and to reinforce its green identity, Korinthian Foods will expand its photovoltaic systems to cover almost all of the energy needs of the new production facility.
This ‘green’ approach is expected to save around 630kWh per day, resulting in a reduction of
the company’s environmental footprint by 20%.
Regional strength in industrial-scale feeding
In addition to Corinthia, Korinthian Foods has a fully equipped production plant in Kokilia, Kokolata Argostoli in Kefalonia. Furthermore, it has expanded its operations and maintains storage and distribution centres for food and basic material assistance items in various locations throughout Greece. In particular, it has a fully equipped storage area of 1,000 m² in Tripoli, which operates as a storage and distribution centre.
distribution for the Peloponnese region and includes cooling chambers. To serve the distribution needs in the regions of Western Greece, Ionian Islands and Epirus, the company has a 3,000 sq.m. warehouse in VI.PE. For the storage and distribution needs in the Region of Crete, the company operates a fully equipped and modern warehouse of 1,600 m² in Heraklion on behalf of the company.
About Korinthian Foods