The Karditsa Cooperative Bank today announces a new strategic partnership, marked by the participation of Helidoni Group in its cooperative capital. Founded in 1994, the Karditsa Cooperative Bank is a model cooperative financial institution at the heart of Greece. The Bank operates on the basis of cooperative principles, which allow it to align its services with the real needs of the community, while simultaneously financing sustainable development through initiatives in renewable energy, organic agriculture, and social entrepreneurship.

Helidoni Group is an Athens-based investment organization with holdings in 20 innovative companies at various stages of development, with a particular focus on the pillars of zero waste and zero emissions. The objective of the investment and the strategic partnership is to strengthen innovation and entrepreneurship among startups and small and medium-sized enterprises in the regions where the Bank operates.

Mr. Panagiotis Tournavitis, CEO of the Karditsa Cooperative Bank, stated:
“We are very pleased to welcome Helidoni Group to the family of the Karditsa Cooperative Bank. The participation of an investment organization with the prestige and expertise of Helidoni Group is a vote of confidence in our operating model and strengthens our ability to dynamically support our customers and society, creating new growth opportunities. We share the same principles regarding sustainability and innovation with the Helidoni Group team, and we look forward to working constructively together for the benefit of the local economy.”

Mr. Alexis Zitrides, Managing Director of Helidoni Group, stated:
“Our investment in the Karditsa Cooperative Bank represents an exceptionally interesting and important partnership, stemming from our belief in the Bank’s significant work and in its management team’s commitment to sustainability and innovation. The Bank has demonstrated remarkable resilience through successive crises and has achieved an innovative cooperative model in practice. We are committed to actively supporting its efforts for sustainable development in the regions where it operates.”

The partnership was carried out with the support of Investing for Purpose (IFP), a specialized platform dedicated to supporting investments with positive environmental and social impact. IFP recognized the mutual value of the two organizations and their potential to jointly create positive impact on the local economy.