Eldia

What Eldia does

Eldia (ΕΛΔΙΑ Α.Ε.) is a Greek waste management and recycling company founded in 1997 and headquartered on a privately-owned 50-stremma (5-hectare) plot in the VIPA Neochorouda industrial area of Thessaloniki. The company operates a complete solid waste management cycle serving industrial and commercial enterprises, hospitality (hotels, restaurants, bars, cafes), retail (supermarkets, shopping malls), and municipal clients across 10+ Greek regions including Central Macedonia, Thessaly, Central Greece, North and South Aegean, Crete, West and East Macedonia-Thrace, Ionian Islands, and Epirus. Infrastructure comprises a container terminal, solid waste transhipment and sorting station, recyclable material sorting station, waste-baling unit, and a state-of-the-art sorting plant launched in July 2022 that processes up to 20,000 tons per year at 3x the efficiency of the prior facility, reducing landfill waste by 20% and CO2 emissions by approximately 40,462 tons per year.

The core service portfolio spans waste collection (via open, closed, and press containers and specialized hook/skip-loader and grapple trucks), sorting of mixed recyclables (paper, plastic, glass, metal, tetrapak, nylon, HDPE), baling and trading of recovered materials to domestic and international recycling plants, and specialized recycling for wood (converted to biomass), glass (in partnership with the Hellenic Recovery and Recycling Corporation), and polystyrene/EPS. An organic waste processing facility — the first in Greece and the Balkans — is under construction in 2024 to process all types of unconsumed foods via depackaging, producing organic pulp for biogas facilities and mixed recyclables, with a designed 38,000 tons per year landfill diversion capacity. The company is ISO 9001, ISO 14001, and ISO 45001 certified, holds an integrated operating license and environmental terms approvals, and has secured EEA/Norway Grants funding through Innovation Norway for circular-economy buildout.

ELDIA generates revenue through a combination of subscription-based container rental and recurring waste collection contracts (B2B with hotels, supermarkets, industrial sites, and municipalities), transaction-based fees for sorting and baling of recyclables, managed-services pricing for organic waste processing, and commodity sales of baled recyclable materials. Go-to-market is enterprise field sales with direct client relationships, supplemented by participation in EU-funded research projects (H2020 COMPOSITION with Fraunhofer/CERTH), government/institutional visibility through ambassador visits, and a joint venture (BIO TEK, with VIPA Hellas S.A.) for biogas production. Strategic partners include Norsk Gjenvinning (Norway) for sorting-plant knowledge transfer and the Hellenic Recovery and Recycling Corporation for glass recycling.

Name

Eldia

Legal name

ΕΛΔΙΑ Α.Ε.

Website

https://eldia.gr

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Eldia (ΕΛΔΙΑ Α.Ε.) is a Greek waste management and recycling company founded in 1997, operating a sorting plant (20,000 tons/year) and an organic waste processing facility under construction, serving industrial, commercial, hospitality, retail, and municipal clients across 10+ Greek regions.

Ownership category

akta.pro rank

Product category

Waste Management and Recycling Services

NAICS

Solid Waste Collection (562111)

SIC

Refuse Systems (4953)

akta.pro primary industry

Commercial & Office Waste Collection (Non-hazardous) (EUAIAGAA)

akta.pro secondary industry

Industrial Packaging Waste Services (Pallets, Cardboard, Film, IBCs/Drums—Non-hazardous) (EUAIAGAD)

Keywords

• Solid waste management
• Recycling services
• Organic waste processing
• Industrial waste collection
• Municipal waste sorting

Headquarters

HQ city

Néa Magnisía

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Waste Collection Services: Collection and transportation of municipal, commercial, and industrial solid waste using specialized vehicles. Services include rental of open, closed, and press containers for organic waste, recyclable, and construction waste.
2. Waste Sorting and Processing: Sorting commercial, industrial, and municipal mixed recyclables to recover paper, plastic, wood, glass, metal, and packaging materials.
3. Baling and Trading of Recyclables: Materials baled according to international standards and sold/traded to recycling plants in Greece and abroad.
4. Specialized Recycling Services: Specialized recycling programs for wood (converted to biomass), glass, and polystyrene with processing fees.
5. Organic Waste Processing: Processing organic waste from hotels, shopping malls, and supermarkets for biogas production, diverting waste from landfills.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Eldia provides comprehensive solid waste management and recycling services covering the full waste cycle: collection (via specialized containers and vehicles), sorting (at a state-of-the-art facility processing 20,000 tons per year), baling and trading of recyclables, organic waste processing for biogas production, and specialized recycling for wood, glass, and polystyrene. Services target industrial and commercial enterprises, hotels, supermarkets, shopping malls, and municipalities across 10+ Greek regions.

Product overview

ELDIA S.A. is a waste management and recycling company established in 1997 in Thessaloniki, Greece. The company operates a comprehensive portfolio of services and facilities organized around the complete municipal, commercial, and industrial solid waste management cycle. Core services include Waste Collection (via specialized containers and vehicles), Waste Sorting (with the new state-of-the-art Sorting Plant launched July 2022 processing 20,000 tons/year), Baling and Trading, Organic Waste Processing, and De-packaging & Destruction of Expired Foods. Specialized recycling services cover Wood, Glass, and Polystyrene (EPS). Facilities include a Container Terminal, Solid Waste Transhipment and Sorting Station, Recyclable Material Sorting Station, and Waste-Baling Unit, all located on a 50-stremma private plot in VIPA Neochorouda, Thessaloniki. Equipment fleet includes collection vehicles, temporary storage containers (open and press-type), wood processing equipment, baling presses, and EPS compression equipment.

Differentiator

Problem solved

Functional benefit

Products and services

• Waste Collection
• Waste Sorting
• Baling and Trading of Recyclables
• Organic Waste Processing
• De-packaging and Destruction of Expired Foods
• Wood Recycling
• Glass Recycling
• Polystyrene (EPS/Felisol) Recycling
• Container Rental Services

Quantifiable outcome

• 20,000 tons per year processing capacity
• +4 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• VIPA Hellas S.A.coreStrategic or Co-development Partner · 1 January 2024Joint venture BIO TEK (VIPA Hellas and ELDIA collaboration) for biogas production plant designed to achieve 100% circular economy and eliminate waste disposal to landfill. General Manager Stelios Nikoltsos represents VIPA Hellas in collaboration.
• Norsk Gjenvinning (NGN)coreStrategic or Co-development Partner · 1 January 2022Norwegian waste management company providing expertise and insight for the construction and operation of the state-of-the-art sorting plant. Cooperation with NGN brings valuable knowledge transfer in waste management field for the sorting facility project.
• Hellenic Recovery and Recycling CorporationcoreStrategic or Co-development PartnerActive participation in glass container collection and disposal through placement of special equipment at enterprises that produce large volumes of glass waste such as hotels, restaurants, bars, cafes, and nightclubs.
• Fraunhofer Research CentercoreTechnology or IntegrationCollaboration on H2020 Composition project. ELDIA participates in installation, testing, and evaluation of the Information Management System (IIMS) in the industrial environment of the end user.
• Norwegian Embassy in AthensminorOthersNorwegian Embassy visits and support for Business Innovation Greece Programme. Ambassador visits to ELDIA facilities demonstrate government-level support for circular economy initiatives.
• Swiss Embassy in GreeceminorOthersSwiss Ambassador Stefan Estermann and Honorary Consul Vasilis Mandilas visited ELDIA facilities to observe recycling operations and biogas production collaboration.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Others

• TOMRA: Global supplier of sensor-based sorting technology used in materials recovery facilities; an enabling/technology peer relevant to Eldia's new sorting plant and recycling throughput.
• Anthesis Group: Sustainability consultancy active in circular-economy and recycling supply-chain advisory; relevant ecosystem peer given ELDIA's sustainability-reporting focus and EU-funded circular-economy projects.

Broad incumbents

• Stericycle: US-listed regulated waste and recycling services provider offering collection, processing, and disposal; comparable as a specialist B2B waste/recycling operator serving commercial and public-sector accounts.
• Biffa: UK waste management company providing commercial and industrial waste collection, recycling and processing services; comparable in B2B subscription-style waste contracts and recycling processing.
• Veolia Environment: Global waste management and resource recovery operator with established Greek operations; comparable in providing collection, sorting, and recycling services to industrial, commercial, and municipal customers at a much larger scale than Eldia.
• Suez Group: International environmental services company operating waste collection, materials recovery and recycling facilities across Europe, including partnerships in Greece; directly comparable in offering integrated waste management to municipalities and commercial/industrial clients.
• Renewi: UK and Benelux-focused waste-to-product company with sorting, recycling and waste processing operations; directly comparable in commercial/industrial collection and materials recovery infrastructure.
• FCC Environment (FCC Medio Ambiente): European integrated waste management and environmental services provider within FCC Group; comparable for collection, sorting, baling and recycling services to municipal and industrial generators across southern Europe.
• PreZero: Schwarz Group's environmental services division operating collection, sorting, and recycling of recyclables and organic waste across Europe; comparable integrated model including organic waste processing for energy recovery.

Direct peers

• Norsk Gjenvinning (NGN): Norway-based waste management and recycling operator that provided expertise for Eldia's state-of-the-art sorting plant; directly comparable in operating sorting/MRF facilities and downstream materials trading.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Eldia