
A mop ... turnovers in millions - Insider.gr
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Manifest. The company was started in 2003 by its President and founder Dionysis Ammolochitis and his mother. He came from sales, closed the agreements with customers and then put on his overalls to help clean the buildings. Plus the Manifest is one of the leading Greek societies building facilities (Facility Management). It has more than 500 employees throughout Greece, a turnover reaching 7.5 mil. per year and a clientele of large companies
such as Coca-Cola and Nestle. Most recently, it also welcomed its first investor, SouthBridge.
The company grew over time and continued to expand even during the crisis. As Mr. Ammolochitis explains, in the last five years Manifest was able to double its size. “It is no coincidence that between 2014-2015 the company increased its profit by 300%, ”
Today, “we are a productive and growing group of professionals, with more than 500 employees providing specialized services in 1000 buildings, “says Mr. Ammolochitis. But what does a facility management company do? “Generally Everything having to do with the management of premises.
Cleaning, storage, management of supplies, the energy management and maintenance, “explains president and chief director of Manifest. “What we are saying to companies is to focus on
their activity and leave everything else to us, saving you time and money, “he adds.
3.5 million euro investment. But 2016 was a key year for Manifest, which also welcomed
the first investor. The investment holding company SouthBridge proceeded to an investment of 3.5 million in Manifest. SouthBridge is an investment fund, in which private funds and institutional investors such as the European Investment Fund participate, that supports SMEs in Europe to boost their sustainable development. “With this investment, Manifest has the opportunity to accelerate its growth and expand its business,” says Mr. Ammolochitis. Today Manifest manages 1,100 buildings, employs 500 staff in Greece, operates in eight countries and 75% of its clientele are multinational groups. “An interesting point is that we “produce” more than 3,000 man-hours a day for our customers”. One of the most recent collaborations concerns the Grace hotel group in Santorini.