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NAMA Enterprise expands production ops to Larnaca

NAMA Enterprise launches wood pellet production in Larnaca

NAMA Enterprise, a leading global player in commodity trading, is pleased to announce the commencement of its wood-pellet production activity in Larnaca, following its successful entry into the Greek market. This expansion represents a significant milestone in the company’s strategic growth plan, and underscores its commitment to providing sustainable energy solutions in multiple regions.

With rapid growth and increasing demand for renewable energy sources, NAMA Enterprise has established itself as a significant player in the biomass and wood-pellet sector. With an ambitious goal of achieving sales exceeding 2,000 tonnes of advanced A1 wood pellets in Greece by the end of 2023, the company is committed to delivering exceptional results, while contributing to a greener and more sustainable future.

To further enhance its wood-pellet production capabilities, NAMA Enterprise is actively negotiating the acquisition of a production unit in Greece, which will greatly bolster its capacity and enable it to meet the growing demand for wood pellets.

“We are thrilled to expand our wood-pellet activities to Larnaca,” said George Vasilopoulos, NAMA Enterprise Business Operations chief.

“Following our successful entry into Greece and our dedication to providing high-quality sustainable energy solutions, we look forward to bringing our expertise and advanced wood pellets to Cyprus, contributing to the development of a greener future,” he added.

Furthermore, NAMA Enterprise is determined to expand its activities by extending its presence in various commodity sectors. The company is actively exploring opportunities to enter the production of petroleum coke and cement in India, while also planning to expand into the Asian market through its unit in Hong Kong.

For more information about NAMA Enterprise and its activities, please visit: www.namaenterprise.com.

For further inquiries and information, please contact:

About NAMA Enterprise:

NAMA Enterprise is a leading global player in commodity trading, with over 20 years of experience in the field. Guided by its philosophy of innovation, quality, and sustainability, the company provides flexible solutions in the sourcing and production of commodities on a global scale. With a dynamic network of producers and partners, NAMA Enterprise aims to ensure excellence and reliability at every stage of the supply chain. With a deep-rooted presence in multiple markets, the company is committed to promoting sustainable development and contributing to the creation of a cleaner and more sustainable future for all.

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