Thess INTEC - Thessaloniki Innovation & Technology Center

What Thess INTEC - Thessaloniki Innovation & Technology Center does

Thess INTEC S.A. is a Greek non-profit structured as a Société Anonyme that operates a 4th generation Science and Technology Park under development on a 760,000 sqm waterfront site in Peraia, approximately 15km south of Thessaloniki city center and adjacent to Thessaloniki International Airport. The organization serves four primary customer segments: multinational and Greek innovative companies seeking regional R&D centers in Southeast Europe, academic and research institutions pursuing commercialization, financial investors looking for ecosystem exposure, and individual professionals and entrepreneurs. Its stated mission is to shorten the distance from lab to market by co-locating universities, R&D institutions, companies, and the public sector on a single campus.

The park's product portfolio is built around four pillars. Infrastructure comprises 230,000 sqm of R&D labs and offices (within the 760,000 sqm total area, including 340,000 sqm of green and blue spaces), featuring nearly zero-energy buildings (NZEB) with PV panels and Gigabit fiber connectivity. Research and testing facilities include the CERTH 2.0 research center operated by the Centre for Research and Technology Hellas, the i-mile test bed for connected and autonomous vehicles, and a specialized Laboratory for Aquatic Life. Six Mega Projects define the research verticals: Advanced Materials and Manufacturing Processes, Flexible Organic Nanotechnology Applications, Artificial Intelligence and Simulation Applications, Clean Energy Innovative Solutions, Competence Center for Logistics and Business Challenges, and Future Mobility Applications. Supporting services include a large-scale incubator and accelerator, coworking spaces, a conference center, a 4-star on-site hotel, a small-scale residential complex, and training programs covering talent support, reskilling and upskilling, Industrial Masters and PhDs, and the I4bydesign Industry 4.0 initiative.

Thess INTEC generates revenue through three streams: recurring real estate and facility leasing (flexible offices, co-working, industrial laboratories, dedicated research facilities), professional services from incubation and acceleration programs, and recurring rental and service fees from the conference center and event spaces. Pricing is quote-based with no publicly disclosed tiers, and prospective tenants are directed to contact the organization directly. Go-to-market combines a consultative enterprise field-sales approach targeting multinational tenants with event-driven outreach to build credibility, including high-profile visits from figures such as Charles Hoskinson and the Governor of the Bank of Greece. Strategic partnerships anchor the ecosystem, notably MoUs with T-Hub (a leading global technology and innovation hub) and the International Hellenic University, plus integration of the CERTH 2.0 research facility. The company is governed by a board led by Nikos Efthymiadis, who serves as both Chairman and President and Managing Director, and has held seven shareholder meetings from 2021 through 2025, with financial reports published for 2020-2023.

Name

Thess INTEC - Thessaloniki Innovation & Technology Center

Legal name

THESS INTEC S.A.

Website

https://thessintec.eu

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Thess INTEC is a Greek non-profit operating a 4th generation Science and Technology Park across 760,000 sqm in Peraia near Thessaloniki, offering co-working offices, R&D laboratories, test beds, incubation, and innovation ecosystem services to multinational companies, universities, startups, and investors targeting Southeast Europe.

Ownership category

akta.pro rank

Product category

Science and Technology Park / Innovation Hub

akta.pro primary industry

Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK)

Keywords

• Science and technology park
• Innovation hub facilities
• Research laboratory leasing
• Startup incubation services
• Technology transfer ecosystem

Headquarters

HQ city

Thessaloniki

HQ country

Greece

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate and Facility Leasing: Thess INTEC generates revenue through leasing of flexible office spaces, co-working areas, industrial laboratories, and dedicated research facilities to tenant companies, startups, and research institutions
2. Incubation and Acceleration Services: Revenue from startup incubation and business acceleration programs offered to innovative companies within the park ecosystem
3. Conference and Event Facilities: Rental and service fees from conference center and event spaces available to tenants and external organizers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Thess INTEC operates a 4th-generation Science and Technology Park that leases flexible offices, R&D laboratories, coworking spaces, conference facilities, and hotel accommodation to innovative companies, research institutions, and startups. It runs incubator/acceleration programs and houses six Mega Projects spanning advanced materials, nanotechnology, AI, clean energy, logistics, and future mobility. The park also operates the i-mile autonomous-vehicle test bed and provides access to the CERTH 2.0 research center.

Product overview

Thess INTEC is a 4th generation Science and Technology Park developed as a physical innovation ecosystem spanning 760,000 sqm. The center provides a comprehensive portfolio including business park facilities with flexible office spaces and high-speed connectivity, incubation and acceleration programs, coworking spaces, research laboratories (CERTH 2.0), specialized test beds for autonomous vehicles (i-mile), and conference/hotel amenities. The park hosts six Mega Projects focused on strategic research areas: Advanced Materials and Manufacturing Processes, Flexible Organic Nanotechnology Applications, Artificial Intelligence and Simulation Applications, Clean Energy Innovative Solutions, Competence Center for Logistics & Business Challenges, and Future Mobility Applications. Training services include talent support, reskilling & upskilling programs, industrial Masters & PhDs, and I4bydesign education initiatives. The ecosystem aims to facilitate technology transfer by co-locating universities, R&D institutions, companies, and public sector entities.

Differentiator

Problem solved

Functional benefit

Brands

• i-mile: Test bed for Connected & Autonomous Vehicles

Products and services

• Business Park (Flexible Office Spaces) Flexible office spaces and facilities for businesses to locate within the Thess INTEC campus, offering high-speed fiber connectivity and shared infrastructure.
• Incubation & Acceleration Programs Large-scale incubator and accelerator programs supporting startups and innovative companies through mentorship, funding opportunities, and resources.
• Coworking Urban Paradise Co-working spaces designed to foster networking and collaboration among professionals, researchers, and entrepreneurs.
• CERTH 2.0 Research Facility Research facility and center operated by the Centre for Research and Technology Hellas, providing access to fully equipped laboratories on a self-service and shared-use basis.
• Test Bed for Connected & Autonomous Vehicles (i-mile) Specialized testing facility for autonomous and connected vehicles, enabling companies to develop and validate future mobility solutions.
• Laboratory for Aquatic Life Research laboratory facility for aquatic life studies and related scientific research.
• Conference Center Professional conference facilities for events, seminars, and meetings within the innovation campus.
• Hotel & Accommodation On-site 4-star hotel and small-scale residential complex providing accommodation for visitors, researchers, and business travelers.
• Industrial Masters & PhDs Program Advanced academic programs combining industrial experience with master's and doctoral-level education.
• I4bydesign Training Program Training and education initiative focused on Industry 4.0 skills and digital transformation competencies.

Quantifiable outcome

• 760,000 sqm total area with 230,000 sqm of R&D labs and offices
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• T-HubcoreStrategic or Co-development PartnerStrategic Memorandum of Understanding signed between Thess INTEC and T-Hub, one of the world's leading technology and innovation hubs. The MoU establishes a strategic partnership for collaboration in technology transfer, innovation support, and ecosystem development.
• International Hellenic University (IHU)coreStrategic or Co-development PartnerMemorandum of Understanding signed with International Hellenic University formalizing cooperation and synergies between the university and Thess INTEC for academic-industry collaboration and joint innovation initiatives.
• British Embassy AthensminorGTM or Marketing PartnerCo-hosted workshop with British Embassy Athens that sparked dialogue between experts and stakeholders on technology and innovation topics, demonstrating international collaboration for ecosystem development.
• Centre for Research and Technology Hellas (CERTH)coreTechnology or IntegrationCERTH 2.0 research facility is a key component of the Thess INTEC ecosystem, providing research infrastructure and technology transfer capabilities within the science park campus.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Cambridge Science Park: Established UK science park with a mature tenant ecosystem spanning tech and life sciences. Comparable as a high-tier European STP anchored by a major university and high-quality tenants.
• Singapore Science Park: Mature Asian science park hosting 350+ companies spanning R&D, technology, and life sciences. Comparable in offering multi-tenant lab/office facilities plus incubation programs and academic linkages.
• Hsinchu Science Park: Taiwan's flagship science park hosting semiconductor and technology leaders. Comparable as a large-scale government-backed STP with strong research focus and a tight tenant community.
• WISTA Management GmbH (Berlin Adlershof Technology Park): Established Berlin science and technology park hosting 1,200+ companies and 16 research institutes. Comparable as a mature European STP combining R&D infrastructure, business services, and academic partnerships.
• KAUST Research Park: King Abdullah University of Science and Technology research park. Comparable as a large-scale research-intensive park with university co-location and a technology-transfer mandate.

Direct peers

• Masdar City: Abu Dhabi sustainable city project integrating research, education, and clean energy innovation. Comparable for combining NZEB-style sustainability requirements with research infrastructure and innovation-ecosystem goals.
• Skolkovo Innovation Center (Skolkovo Foundation): Russian 4th generation science and technology park with a comparable concept of co-locating research, business, and innovation infrastructure on a large campus, providing a strong model comparison for Thess INTEC.
• Athens Science and Technology Park (EKT / ΕΚΕΦΕ ΔΗΜΟΚΡΙΤΟΣ): Greek domestic science and technology park supporting innovation and entrepreneurship. Direct domestic peer serving a similar tenant mix of Greek companies and research institutions in the same national ecosystem.
• Parque Tecnológico de Andalucía (PTA): Spanish science park in Malaga focused on ICT and innovation. Comparable as a Southern European STP targeting technology tenants and university collaboration, with similar climate and EU regional dynamics to Greece.

Regional players

• Tecnopolo Ticino (Tecnosì): Swiss/Italian cross-border technology park offering multi-tenant lab facilities and university partnerships. Comparable as a regional innovation infrastructure with a similar SME/startup focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Thessintec
• YouTubeyoutube.com/channel/UCoK6G1PZx_97X7KbjgxlrHg
• Facebookfacebook.com/Thess-INTEC-Thessaloniki-Innovation-Technology-Center-100257931814213
• LinkedInlinkedin.com/company/thess-intec-thessaloniki-innovation-technology-center

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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

Frequently asked questions about Thess INTEC - Thessaloniki Innovation & Technology Center