What is ONYX Tourism of the Zisiadis family preparing in Sani, Halkidiki

ONYX Tourism S.A. is entering a caller signifier of improvement and maturation, arsenic from yesterday, Monday, October 13, 2025, it is present trading connected the Main Market of the Athens Stock Exchange. This modulation marks the consolidation of a strategical way that began conscionable 27 months ago, erstwhile the institution entered the Alternative Market, and is inextricably linked to the large concern it is readying successful Sani, Halkidiki, a task worthy implicit 500 cardinal euros.

From manner to hospitality and greenish development

ONYX, led by Leonidas Zisiadis, began its travel successful the covering sector, but soon redefined its concern footprint. With the merger of Onyx Agrotourism and Green Hope (AGANOR) successful October 2024, Onyx Tourism emerged, aiming to run successful 4 strategical pillars: tourism, existent estate, cultivation accumulation and greenish energy.

Today, the institution is valued astatine 155 cardinal euros, i.e. 15 times higher than its archetypal valuation successful 2023, strengthening its presumption arsenic an emerging "player" of the caller procreation of tourism investments successful Greece.

The Onyx Estate Project: an ecosystem of sustainable hospitality

The flagship of the company's projects is the Onyx Estate Project successful Sani, Halkidiki, connected a 650-acre spot that is wholly owned by ONIX. Of these, 433 acres person already been included successful the procedures for inclusion successful the Strategic Investments and wrong the model of the Recovery Fund (RRF).

The project, which powerfully bears the imprint of the Zisiadis family, aspires to harvester Mediterranean aesthetics with sustainable architecture and agrotourism. As Leonidas Zisiadis points out, “this is an concern that shows however the Greek mode of beingness tin beryllium a improvement vantage of planetary scope”.

A multi-level improvement plan

The improvement program of ONYX is characterized arsenic multisegmented, i.e. multi-level, arsenic it includes chiseled but interrelated activities. At its bosom are a tourer colony with 108 vacation homes for sale, integrated into the existent property portion of the project, arsenic good arsenic a analyzable tourer accommodation that volition harvester 428 bungalows, 120 suites and 120 villas (in the 2nd phase, besides for merchantability but disposable for rent from the resort).

The full concern reaches 390 cardinal euros, not counting the worth of the land, raising the full valuation of the task to implicit 500 cardinal euros.

Agri-food, geothermal vigor and culture

One of the astir important elements of the task is the integration of the agri-food sector. ONYX plans to make an olive grove and vineyard, arsenic good arsenic the constitution of a distillery, apiary and a taste museum.

At the aforesaid time, the institution has already secured 2 geothermal wells, with plans for further low-enthalpy probe work. The usage of geothermal vigor is expected to importantly trim the biology footprint of the complex, making it 1 of the astir ecological tourism projects successful the country.

The timeline: From ESHASE to implementation

The institution has already submitted a petition for inclusion successful the ESHASE (Special Spatial Strategic Investment Plan) regime, which is expected to beryllium approved successful 2026, arsenic good arsenic a indebtedness petition from the Recovery and Resilience Fund. The financing of the task is based connected a exemplary of 80% borrowing and 20% equity, with the self-financed portion concerning the residences and villas, which volition beryllium commercially disposable ensuring a unchangeable currency flow. In addition, ONIX is readying a stock superior summation done a nationalist offering, successful consultation with the banks and wrong the model of the Recovery Fund requirements.

Based connected the existent plan, the three-year operation signifier volition commencement instantly aft the support of the ESHASE (2026-2029).

The task volition germinate gradually, maintaining economies of standard and operation consistency, with the purpose of creating a “human, harmoniously integrated and high-quality project”, arsenic underlined by Fokion Zisiadis, begetter of Leonidas and erstwhile vice president of SANI S.A.

“Development arsenic portion of the place”

With the backdrop of Sani, wherever the Zisiadis household has heavy roots and a decades-long past successful tourism, ONIX Tourism attempts to redefine what “investment with identity” means.

As Fokion Zisiadis stated, "ONYX was calved to explicit an thought with a antithetic aesthetic, that improvement does not person to beryllium overseas to the spot that gives commencement to it, but an integral portion of it."