Helesi

What Helesi does

Helesi Plc is a Cyprus-domiciled holding company founded in 1997, headquartered in Nicosia, with its main operating subsidiary Helesi S.A. based in Greece. The group manufactures plastic injection-moulded products — primarily standardized plastic waste bins (2-wheeled bins from 60L to 360L and 4-wheeled containers from 660L to 1,100L), pallet boxes (closed and perforated), domestic bins, and specialty plastic products including stadium seats, fish crates, and bread crates. The Komotini production facility, which has received over EUR 60 million in cumulative investment and operates at a capacity of 1,000,000 plastic bins per year, is the operational backbone of the group and uses state-of-the-art electronic and robotic injection moulding systems. Beyond manufacturing, Helesi supplies specialized waste management vehicles (refuse collection trucks, bin washing vehicles, road sweepers, waste transfer stations) and operates waste management services including collection, street cleaning, bin washing, and landfill management.

The company's revenue model is built on three streams: one-time product sales of plastic injection-moulded items, hardware resale of imported specialized vehicles with technical support, and professional services for integrated waste management. Its go-to-market relies on direct sales via its own export and selling departments complemented by a network of commercial representatives and distributors across 30+ countries, with overall reach spanning 50+ countries across 5 continents. Primary customers are Greek municipalities (over 80% prefer Helesi products), Greek fresh fruit and vegetable producers (over 70% use Helesi pallet boxes), hotels, schools, and waste management service providers. The company has pursued product innovation through systems such as underground automated waste collection, the FBIN accessible waste bin system for persons with disabilities, and Green Recycling Points for multi-stream separation. Helesi was introduced to the AIM market of the London Stock Exchange in 2006, raising EUR 15 million to fund its investment programme, and has subsequently navigated the Greek economic crisis through restructuring and production consolidation in Greece.

Name

Helesi

Legal name

Helesi Plc

Website

https://helesi.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

251–500 employees

Short description

Helesi manufactures standardized plastic injection-moulded waste bins, pallet boxes, and specialty plastic products in Greece, and supplies waste management vehicles and integrated waste management services to municipalities, agricultural producers, and organizations across more than 50 countries.

Ownership category

akta.pro rank

Product category

Waste Management Equipment Manufacturing

NAICS

Solid Waste Collection (562111), Waste Collection (5621)

SIC

Refuse Systems (4953), Miscellaneous Plastics Products (3080)

akta.pro primary industry

Container Rental, Delivery & Servicing (Carts/Bins) (BPALAAAG)

akta.pro secondary industries

Industrial Packaging Waste Services (Pallets, Cardboard, Film, IBCs/Drums—Non-hazardous) (EUAIAGAD), Industrial Waste Handling & Compaction Equipment (Balers, Compactors) (IMAHALAI)

Keywords

• Plastic waste bins
• Waste management systems
• Plastic injection moulding
• Pallet boxes
• Municipal vehicles

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Plastic Products Manufacturing & Sales: One-time sale of plastic injection-moulded products including waste bins (2-wheeled and 4-wheeled), pallet boxes (closed and perforated), domestic bins, composters, stadium seats, fish crates, bread crates, and multi-use crates.
2. Vehicles Import & Resale: Import, trading and technical support of specialized vehicles including garbage collection trucks, bin washing vehicles, road sweepers, lifting platforms, waste transfer stations, and landfill equipment.
3. Waste Management Services: Provision of integrated waste management services including collection of non-hazardous waste, street cleaning, bin washing and disinfection, waste transfer, landfill management, and waste treatment facility operation.
4. Custom/Integrated Waste Management Solutions: Design and implementation of customized waste management strategies based on environmental, financial, geographic or other particular characteristics, along with specialized consulting for local authorities, hotels, schools and organizations.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Helesi manufactures and sells plastic injection-moulded waste management products (2-wheeled and 4-wheeled bins, pallet boxes, domestic bins, composters, fish/bread crates, HDPE stadium seats) and supplies specialized waste management vehicles (refuse collection trucks, bin washing vehicles, road sweepers, waste transfer stations). The company also delivers integrated waste management services including collection, transfer, street cleaning, bin washing, landfill management, and customised consulting for municipalities, agricultural producers, hotels, schools, and organizations.

Product overview

Helesi is a plastic injection-moulded products manufacturer established in 1997, specializing in integrated waste management systems. The product portfolio includes plastic waste bins (2-wheeled and 4-wheeled containers ranging from 10LT to 1100LT), pallet boxes (closed and perforated types), domestic bins, composters (BioActor), and specialty plastic products for food industries (fish crates, bread crates, dual-application boxes). The company also offers innovative underground waste bin systems, the FBIN accessible waste system for disabled users, and Green Recycling Points. In the vehicles segment, Helesi supplies refuse collection trucks, bin washing vehicles, road sweepers, and waste transfer station equipment. The company provides comprehensive waste management services including collection, transfer, street cleaning, and facility operations. All products are certified to EN 840 standards and manufactured at facilities in Greece using state-of-the-art injection moulding technology.

Differentiator

Problem solved

Functional benefit

Brands

• Fbin: Accessible waste bin system designed for wheelchair users and people with disabilities, featuring card reader or button-operated lid opening.

Products and services

• Plastic Waste Bins - 2 Wheeled Plastic 2-wheeled waste bins available in 60L, 80L, 120L, 140L, 180L, 240L and 360L capacities, certified to EN 840 standards, for municipal and commercial waste collection.
• Plastic Waste Bins - 4 Wheeled Containers Large capacity 4-wheeled waste containers in 660LT, 770LT, and 1,100LT (flat and curved) capacities for municipal and commercial waste collection, EN 840 certified.
• Pallet Boxes - Closed Closed-type plastic pallet boxes in 330L to 825L sizes for industrial and agricultural storage, with optional drainage taps.
• Pallet Boxes - Perforated Perforated/open-type pallet boxes for cold storage and food applications, made from food-grade virgin polyethylene with UV protection.
• Domestic Bins 10-50LT Small 10L to 50L plastic domestic waste bins for households, kitchens, offices and industrial facilities, used for sorting organic or recyclable waste.
• BioActor Composter Rapid composter with extendable stacked-ring height and triple-wall construction (inner vented, insulating, outer vented) that maintains internal temperature and reduces composting time by up to 25%.
• Underground Waste Bins Automated underground waste bin systems in 2,200L and 4,400L total capacity configurations that free urban space, with remote-controlled lifting for collection compatible with existing municipal vehicles.
• FBIN Accessible Waste System Innovative 1,100L or 2,200L waste bin with magnetic card reader or ergonomic button control, foot pedal, and solar-powered operation for autonomous, zero-contact use by wheelchair users and people with disabilities.
• Green Recycling Points (Prassina Simeia) Comprehensive recycling point systems in small, medium, large, and mobile variants for separation of metals, paper/cardboard, glass, textiles, and wood; available in underground and surface-level configurations.
• Fish Crates Plastic crates designed exclusively for the fishing industry for transport and storage of fish, compliant with EU directives on food safety and hygiene.
• Bread Crates Perforated plastic crates for storage, transport, and display of bakery products, made from virgin polyethylene or polypropylene with food-certified non-toxic colors.
• Stadium Seats Albany (folding) and Unity (monoblock) HDPE stadium seats with UV protection and fire retardant additives, manufactured on behalf of Starena International IP for major sporting venues.
• Refuse Collection Vehicles Garbage collection trucks including satellite, medium, and large cubic capacity vehicles with rear door and hopper, plus variants with bin washing systems, CE-marked per the 2006/42 machinery directive.
• Bin Washing and Disinfection Vehicles Vehicles for washing and disinfecting bins of all capacities, with INOX 304 tanks, hot/cold water options, and compliance with EN 1501 safety standards.
• Road Sweeping Vehicles Road cleaning equipment including suction-type road cleaners and vacuum sweepers for municipal street-cleaning operations.
• Waste Transfer Stations Fixed or mobile waste transfer stations, including hook-lift systems and refuse containers with compaction, for efficient municipal waste transfer.
• Waste Management Services Integrated waste management services including collection of non-hazardous waste, transfer station operations, street cleaning, bin washing, sewage transport, waste compaction and shredding, landfill management, and waste treatment facility operations.

Quantifiable outcome

• Over 80% of Greek municipalities use Helesi products and services
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Greek Universities (R&D Collaboration)coreStrategic or Co-development Partner · 1 January 2015Helesi's R&D department has established collaboration with significant Greek universities and the R&D departments of main suppliers. This collaboration enables continuous development of original products and waste management systems while maintaining compliance with highest standards.
• PAYT Programme PartnersminorStrategic or Co-development Partner · 1 January 2009As part of the European Commission-funded PAYT (Pay As You Throw) programme (EΠAN II, code 11ΣΥΝ_8_1297), Helesi collaborated with four other partners including universities and companies to develop customized user identification systems for recycling bins with digital scales, web-based applications, and point collection systems. Five pilot systems were implemented.
• Helesi Italia S.R.L.coreOthers · 1 January 2008Production unit in Pisticci, Italy established in 2008 for the production of large-volume pallet boxes for agricultural and industrial use. Part of the Helesi Plc group structure.
• Starena InternationalcoreOEM/ Whitelabel/ Licensing Partner · 1 January 2004Starena International (Sydney-based with European office in Athens) is the owner of intellectual property for Albany and Unity stadium seats. Helesi was selected as the manufacturing company and together they have completed stadium seat installations worldwide, including the 2004 Athens Olympics and ICC Cricket World Cup in West Indies. Starena holds the IP rights while Helesi produces the seats.
• Urbaser S.A.coreStrategic or Co-development Partner · 1 January 2004Joint venture with Urbaser S.A. for waste management, environmental services and cleaning of the ATHENS 2004 Olympic Games. Helesi and Urbasor jointly managed 50% of the Olympic facilities' waste management, environmental services and cleaning. Project completed with absolute success.
• Helesi UK LtdminorOthers · 1 January 2004Established in Bradford, UK in 2004 to serve the rapidly growing demand for 2-wheeled bins in the UK and Ireland market. Sold in 2010 as part of strategic restructuring to concentrate all production activities in Greece.

Scale indicators10 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Mauser Packaging Solutions: Mauser manufactures industrial plastic containers, IBCs and reusable packaging, comparable to Helesi's pallet boxes and large-volume plastic logistics products sold to agricultural and industrial buyers.
• Sotkon: Sotkon specializes in underground and semi-underground waste collection systems for urban environments, directly overlapping with Helesi's Underground Waste Collection Systems and Green Recycling Points product lines targeting municipalities.
• ESE World (Otto Group): ESE World is a major European producer of plastic waste and recycling containers, including underground systems; it competes head-to-head with Helesi in standardized bins and underground collection solutions sold to municipalities across Europe.
• SULO (IPL Plastics): SULO is one of Europe's largest manufacturers of EN 840 standardized plastic waste bins and wheeled containers, making it the most direct competitor to Helesi's core 2-wheeled and 4-wheeled bin product lines across municipalities in Europe.
• Schütz GmbH & Co. KGaA: Schütz is a global manufacturer of IBCs, plastic drums and industrial packaging, comparable to Helesi's pallet boxes, fish/bread crates and large-volume injection-moulded products in industrial and agricultural segments.

Broad incumbents

• Tomra Systems: Tomra is a global leader in collection and sorting solutions for beverage and waste recycling; while focused on reverse-vending and sorting rather than bins, it is a relevant broad incumbent shaping the waste-management value chain Helesi serves.
• Plastic Omnium (OPmobility): Plastic Omnium is a large global plastics manufacturer with waste and recycling container divisions; its scale and R&D resources position it as a broad incumbent competing in many of the same waste-bin and recycling product categories as Helesi.
• SSI Schaefer: SSI Schaefer is a large intralogistics and materials handling group that supplies waste and recycling handling solutions (containers, sortation, transfer stations) to municipalities and waste operators, overlapping with Helesi's equipment and integrated services offering.

Emerging players

• SSI SCHAEFER / SSI Robotics waste bin handling systems competitors - BSS GmbH: BSS GmbH is a German manufacturer of waste handling and transfer equipment, including bin lifter systems and transfer station equipment, overlapping with Helesi's vehicle and waste transfer station product lines for municipal and industrial buyers.

Others

• Urbaser S.A. Urbaser is a global environmental services operator and Helesi's joint-venture partner for the Athens 2004 Olympics contract; as a major municipal waste services provider, it is a relevant ecosystem participant and potential partner or competitor in integrated services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Helesi