Israeli Investments: After ELVO, Marinas in Rhodes are also acquired

Israeli capital continues to invest in Greece, expanding its activities beyond ELVO to include marinas in Rhodes.

The SK Group, with Israeli participation, has acquired full ownership of ELVO, creating its first operational base in Europe. Simultaneously, 85% of Marines Rhodes S.A. changed hands, with the entry of three new major investors, including Israeli capital.

Israeli investments in Greece include the sectors of defense, technology, tourism, real estate, as well as interest in the food, pharmaceutical products, and communication technology sectors.

SK Group Vice President, Ronen Hamudot, stated that the company aims to turn ELVO into an international production and export hub.