Gizelis Robotics signs new agreements for automation projects in Greece, expecting further growth of its activities thanks to the digital transformation process (Industry 4.0) that more and more Greek industries are undergoing. At the same time, through significant partnerships made in the past year, it is also implementing projects in selective foreign markets.

PROJECTS 2024

Significant projects implemented last year in non-F&B sectors  include the following:

• EFA Group - Theon Sensors: robotic diopter assembly cell in a clean room environment, consisting of 2 robotic arms with vision systems
• Sunlight Group: robotic lead de-palletizing system for battery assembly (COS)
• Dimitroulakos: robotic system for bending of plates in Gizelis straddle press, equipped with digital twin programming software
• Matrix Pack: robotic application project for the management and grouping of food packaging in 5 flow pack machines from 5 production lines

CALPAK

Regarding the new projects undertaken by Gizelis, the company's CEO and founder, Evangelos Gizelis, referred to solutions involving two new Calpak production lines (assembly prisma and third boiler line).

EXTRACT

Outside of Greece, the company last year entered into a partnership with technology company Alliance Automation LLC, which, according to Mr. Gizelis, "has undertaken to promote and install Gizelis' automation and robotics solutions, while taking on the maintenance contract." Through the Alliance, the company has also gained a foothold in Mexico, as it is well known that many American companies are located on the US-Mexico border, for example in Monterrey. 

POLAND HAS LEFT AUSTRALIA BEHIND

Gizelis has recently concluded an agreement with a very large company in Poland, active in robotics in the automotive industry. This company wants to enter other areas of automation, which Gizelis Robotics provides, not only in Poland but also in Germany.

This development has left the company's plans for expansion in Australia a little behind, as Gizelis said, "we want to take careful steps in our international expansion, so that we can respond without problems to the projects we undertake."

GROWTH AT 25%

In terms of the company's performance, 2024 is estimated to close with a growth of 25%, returning to profitability after the losses of 2023. Last year was marked by the acquisition of a majority stake in the company by Evangelos Gizelis, with his stake now standing at 69% and the fund's (Brookstreet Equity Partners) stake falling to 25%. The remaining 6% is owned by the company's Chief Technology Officer, Panagiotis Lagios.

Finally, the appointment of Yannis Stathis, last November, to the position of Deputy CEO is considered significant. Previously, he was Director of Strategic Partnerships at DoorDash, while he had previously worked for major companies such as Scientific Games Gigital, Intralot, Google, Procter & Gamble and Bayer.