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Further expansion plan in place in Greece, Cyprus & Malta | TheGreekDeal.com
INFO QUEST
Further expansion plan in place in Greece, Cyprus & Malta
The expansion of its activities in Greece, Cyprus and Malta has been implemented from 2025 by Info Quest, which aims to strengthen its market shares in these markets this year.
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Theodoros Fessas, President

The expansion of its activities in Greece, Cyprus and Malta has been implemented from 2025 by Info Quest, which aims to strengthen its market shares in these markets this year. This is a strategy that has already been adopted since 2024, moving forward with a series of deals that are reportedly set to be strengthened. The main objective is to create new products in these markets in order to meet the needs of existing and new customers, which will enrich its portfolio. 

THE ESTIMATES FOR 2025

Although it is too early to draw firm conclusions about the 2025 outlook, it is estimated that an increase in turnover will be recorded. 2024 ended with a mild increase in turnover but with pressure on gross margin due to increased financial costs, which relate to higher borrowing servicing costs due to the high interest rate policy. Something that is expected to de-escalate further this year, as the ECB's monetary policy will ease further.

DRONES

The company's latest partnership aimed at boosting share in Cyprus and Greece is with DJI. This is a large multinational company active in drones and image stabilisation systems for the distribution and support of personal and professional use products. Its popular models that will be marketed by Info Quest are:

  • DJI Mavic
  • the DJI Phantom
  • the DJI Ronin

The partnership between the two companies begins with the immediate availability of the DJI Flip, a foldable product that combines advanced image stabilization features, portability and ease of use—elements that make it ideal for high-quality video creation.

THE PARTNERSHIP WITH VMWARE

Info Quest had previously partnered with digital technology product and solution provider VMware. The partnership involves the distribution of VMware products and solutions in Greece, Cyprus and Malta. VMware offers solutions and technologies that enable businesses to exploit the potential of the cloud while enhancing the security of their IT infrastructure.

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