Select wins approval for €35m plant near Thessaloniki, 59 jobs

Greek bakery producer Select (Artopoiia Select) has received approval for a €34.949m investment in a new production facility for baguettes and kaiser rolls in the VI.PE.TH. Sindos industrial zone near Thessaloniki. The project falls under the 'Large Investments' regime of Greece's development law; approved aid comes to €13.98m, about 40% of the investment budget, though without a direct grant (financing runs via a leasing subsidy and tax exemptions). It provides for 59 new employee positions, measured in annual work units. Select reported consolidated sales of €43.97m and net profit of €5.64m for 2024. No date was given for construction start or completion — this is an approved investment decision, not a construction start.