Organization for the Development of Crete S.A. (O.A.K. SA)
Greek government-owned development entity headquartered in Chania that serves as the statutory operator and coordinator of Crete's water supply, irrigation, and road infrastructure, distributing 40 million cubic meters of water annually to municipal utilities, agricultural cooperatives, and tourism operators under EU co-financed programs.
- Company typePrivate
- Founded-
- HeadquartersChania (Χανιά), Greece
- Headcount11–50
- GTM typeB2B
- OfferingServices
Organization for the Development of Crete S.A. (O.A.K. SA) firmographics
Firmographics- Name
- Organization for the Development of Crete S.A. (O.A.K. SA)
- Legal name
- Οργανισμός Ανάπτυξης Κρήτης Α.Ε. (Organization for the Development of Crete S.A.)
- Website
- https://oakae.gr
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Greek government-owned development entity headquartered in Chania that serves as the statutory operator and coordinator of Crete's water supply, irrigation, and road infrastructure, distributing 40 million cubic meters of water annually to municipal utilities, agricultural cooperatives, and tourism operators under EU co-financed programs.
- Ownership category
- akta.pro rank
Organization for the Development of Crete S.A. (O.A.K. SA) industry classification
Industry- Product category
- Public Infrastructure Services
- NAICS
- Water, Sewage and Other Systems (2213), Water Supply and Irrigation Systems (221310), Utility System Construction (2371)
- SIC
- Water Supply (4941), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
- akta.pro primary industry
- Water & Wastewater Infrastructure Asset Management (EUAEAMAH)
- akta.pro secondary industries
- Design & Engineering for Renewal/Expansion (Pipelines, Pump Stations, Treatment Plants) (EUANALAD), Water Source Development & Conveyance (Intakes, Canals, Pipelines) (AFACAFAH), Irrigation System Design & Engineering (AFACAFAA), Water Resources Administration (Watersheds, Rivers, Groundwater) (BPAIAMAE)
Keywords
Where Organization for the Development of Crete S.A. (O.A.K. SA) is headquartered
LocationHeadquarters
- HQ city
- Chania (Χανιά)
- HQ country
- Greece
- HQ region
- Europe
Offices1 record
Markets served
Organization for the Development of Crete S.A. (O.A.K. SA) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D
Revenue model
- Water Supply and Irrigation Fees: Revenue generated from water distribution services to 264,000 residents and 125,000 hotel beds, plus irrigation services covering 135,000 stremmata of agricultural land.
- EU Funded Projects: Implementation of publicly funded infrastructure projects co-financed by European Union programs including ESPA, fisheries programs, and rural development initiatives.
- Public Procurement Contracts: Revenue from construction and maintenance contracts for infrastructure projects including roads, dams, and hydraulic works through competitive bidding.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Organization for the Development of Crete S.A. (O.A.K. SA) product offering
Product offeringCore offering
O.A.K. SA is a Greek state-owned development organization that plans, builds, and operates major public infrastructure on Crete, including four dams, 430 km of irrigation networks, 70 km of water supply networks, 28 pumping stations, and the 310 km Northern Road Axis (ΒΟΑΚ). It distributes approximately 40 million cubic meters of water annually to 264,000 residents, 125,000 hotel beds, and 135,000 stremmata of agricultural land, while also implementing EU-funded LEADER/CLLD rural development and fisheries programs.
Product overview
Organization for the Development of Crete S.A. (O.A.K. SA) is a public development organization operating as a multi-module infrastructure management platform for Crete, Greece. The organization operates two interconnected core systems: (1) Hydraulic Infrastructure Management including water supply networks, irrigation networks (430 km in Western Crete), and dam management (4 major dams), and (2) Road Infrastructure Development managing the Northern Crete Road Axis (ΒΟΑΚ) spanning 310 kilometers. Supporting services include SCADA system operations for real-time infrastructure monitoring, strategic planning through the Master Plan for Hydraulic Works, and complementary development programs including LEADER/CLLD rural development initiatives and Fisheries Local Development programs. Research initiatives such as SmartLIK (IoT-based leak detection) and SIGMA Nexus demonstrate technology modernization efforts. The organization distributes 40 million cubic meters of water annually to 264,000 residents and 125,000 hotel beds while irrigating 135,000 stremmata of agricultural land.
Differentiator
Problem solved
Functional benefit
Products and services
- Hydraulic Works Infrastructure (Υδραυλικά Έργα)
Companies that use Organization for the Development of Crete S.A. (O.A.K. SA)
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles4 records
Organization for the Development of Crete S.A. (O.A.K. SA) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Organization for the Development of Crete S.A. (O.A.K. SA) partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Development Company of Serres A.E. (Αναπτυξιακή Εταιρεία Σερρών Α.Ε.)minorInter-territorial cooperation partner for good practices exchange on gastronomy and local products.
- Institute of Olives, Subtropical Plants & Vine (Ινστιτούτο Ελιάς, Υποτροπικών Φυτών & Αμπέλου)minorTechnical cooperation for the development of irrigation infrastructure for olive and vineyard cultivation in Crete.
- Wageningen University (Ολλανδικό Πανεπιστήμιο Wageningen)minorAcademic partnership involving visits by Dutch university students to O.A.K. infrastructure for research purposes, focusing on nature and quality of life research.
- Region of Crete (Περιφέρεια Κρήτης)coreOngoing cooperation for water resource management and infrastructure development. Signed programmatic contract for management of Omalos Reservoir (June 2026).
- Local Irrigation Organizations (ΤΟΕΒ)coreSigning of cooperation contracts for irrigation water supply and coverage of primary sector needs in Chania region (June 2026).
Scale indicators8 records
Recent moves6 records
Expansion highlights4 records
Organization for the Development of Crete S.A. (O.A.K. SA) competitors and assessment
Company assessmentDirect peers
- EYDAP (Athens Water Supply & Sewerage S.A.): Greece's largest urban water and wastewater utility serving Athens and surrounding municipalities. Closest direct functional peer to O.A.K. for water treatment, distribution network operation, and dam/reservoir management at scale.
- Egnatia Odos S.A. Greek state-owned highway infrastructure operator managing the Egnatia Odos motorway and supporting vertical axes. Closest peer to O.A.K.'s BOAK mandate — comparable public-sector entity responsible for planning, construction oversight, and operation of large strategic road corridors.
- DEYAH (Municipal Water Utility of Heraklion): Municipal water and wastewater utility for Heraklion. Functions as both an O.A.K. customer and operational counterpart in Eastern Crete — operates treatment and distribution assets that interface directly with O.A.K.'s Aposelemi-fed supply network.
- EYATH (Thessaloniki Water Supply & Sewerage S.A.): Major Greek regional water and sewerage utility serving the Thessaloniki metropolitan area. Directly comparable to O.A.K. as a regulated water utility operating dams, treatment plants, and distribution networks under Greek public utility law.
- Development Company of Serres S.A. Greek regional development organization responsible for water, irrigation, and road infrastructure in the Serres region. Closest structural peer to O.A.K. — similar mandate, organizational form, and EU-program-driven development role (and an existing O.A.K. partner).
Broad incumbents
- Public Power Corporation (PPC / ΔΕΗ): Greece's dominant state-controlled utility, primarily in power generation and distribution but with adjacent renewables and infrastructure interests. Comparable as a large Greek public utility operating under regulatory oversight, ministerial supervision, and EU-aligned capex programs.
Others
- Hellenic Agricultural Organization 'DEMETER': Greek public-sector agricultural research and support organization. Adjacent peer to O.A.K.'s irrigation and TOEB-facing agricultural mandate — operates complementary public programs supporting Greek agriculture, including irrigation research.
- Attiko Metro S.A. Greek state-owned entity responsible for metro/rail infrastructure development in Athens and Thessaloniki. Peer to O.A.K.'s BOAK mandate as a state-owned Greek infrastructure delivery organization dependent on EU co-financing and public procurement.
- ICAP S.A. Greek business information and credit rating services group. Tangentially comparable as another Greek public-interest corporate entity with regulated information products, useful as a benchmark for the structure of state-adjacent Greek corporate governance.
Emerging players
- Aegean Motorway S.A. Concessionaire operating the Athens–Thessaloniki motorway axis in Greece. Comparable to O.A.K. as a Greek road infrastructure operator with construction, maintenance, and tolling scope, though structured as a concession rather than a statutory entity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Organization for the Development of Crete S.A. (O.A.K. SA) social profiles
Digital presenceOrganization for the Development of Crete S.A. (O.A.K. SA) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Organization for the Development of Crete S.A. (O.A.K. SA) leadership team
Management profileNumber of profiles
Profiles3 records
Organization for the Development of Crete S.A. (O.A.K. SA) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Organization for the Development of Crete S.A. (O.A.K. SA) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Organization for the Development of Crete S.A. (O.A.K. SA)
What does Organization for the Development of Crete S.A. (O.A.K. SA) do?
O.A.K. SA is a Greek state-owned development organization that plans, builds, and operates major public infrastructure on Crete, including four dams, 430 km of irrigation networks, 70 km of water supply networks, 28 pumping stations, and the 310 km Northern Road Axis (ΒΟΑΚ). It distributes approximately 40 million cubic meters of water annually to 264,000 residents, 125,000 hotel beds, and 135,000 stremmata of agricultural land, while also implementing EU-funded LEADER/CLLD rural development and fisheries programs.
Is Organization for the Development of Crete S.A. (O.A.K. SA) a public or private company?
Organization for the Development of Crete S.A. (O.A.K. SA) is a private company. It is classified as state government owned and is currently operating.
When was Organization for the Development of Crete S.A. (O.A.K. SA) founded?
Organization for the Development of Crete S.A. (O.A.K. SA) was founded in -1. It employs 11 to 50 people.
Where is Organization for the Development of Crete S.A. (O.A.K. SA) based?
Organization for the Development of Crete S.A. (O.A.K. SA) is headquartered in Chania (Χανιά), Greece, in the Europe region.
How does Organization for the Development of Crete S.A. (O.A.K. SA) make money?
Three revenue lines are on record. Water Supply and Irrigation Fees are the primary driver. The others are EU Funded Projects and public Procurement Contracts.
Who are Organization for the Development of Crete S.A. (O.A.K. SA)'s main competitors?
Direct peers on record are EYDAP (Athens Water Supply & Sewerage S.A.), Egnatia Odos S.A., DEYAH (Municipal Water Utility of Heraklion), EYATH (Thessaloniki Water Supply & Sewerage S.A.) and Development Company of Serres S.A.. Public Power Corporation (PPC / ΔΕΗ) is listed as a broad incumbent. Others are Hellenic Agricultural Organization 'DEMETER', Attiko Metro S.A. and ICAP S.A.. Aegean Motorway S.A. is listed as an emerging player.
Does Organization for the Development of Crete S.A. (O.A.K. SA) have an API?
No public API is recorded for Organization for the Development of Crete S.A. (O.A.K. SA).
What industry is Organization for the Development of Crete S.A. (O.A.K. SA) in?
Organization for the Development of Crete S.A. (O.A.K. SA)'s product category is Public Infrastructure Services. Its primary akta.pro industry code is EUAEAMAH, Water & Wastewater Infrastructure Asset Management, with a secondary code of EUANALAD, Design & Engineering for Renewal/Expansion (Pipelines, Pump Stations, Treatment Plants). Its NAICS code is 2213 and its SIC code is 4941.